India's largest digital platform for truck operators, offering FASTag/fuel payments, telematics, loads and vehicle finance.
Price
Market Cap
Sector
Services
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 0 | 18 | 18 | 18 |
| Reserves | 271 | 585 | 353 | 311 | 1.2k | 1.3k | 1.4k |
| Borrowings | 394 | 201 | 178 | 184 | 38 | 48 | 59 |
| Other Liabilities | 99 | 113 | 124 | 159 | 157 | 207 | 255 |
| Total Liabilities | 765 | 900 | 654 | 654 | 1.4k | 1.6k | 1.7k |
| AssetsFixed Assets | 15 | 21 | 31 | 39 | 45 | 75 | 116 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investments | 50 | 236 | 211 | 60 | 57 | 70 | 50 |
| Other Assets | 699 | 642 | 413 | 555 | 1.3k | 1.4k | 1.6k |
| Total Assets | 765 | 900 | 654 | 654 | 1.4k | 1.6k | 1.7k |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 60 | -78 | -119 | 45 | 58 | 169 |
| Cash from Investing | 178 | -219 | 169 | 19 | -467 | -171 |
| Cash from Financing | -213 | 282 | -37 | -14 | 384 | -11 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | 55 | -100 | -144 | 21 | 15 | 971 |
| FCF Margin | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
BLACKBUCK · CYCLICAL_UNMODELABLE
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