New-age tech-led third-party logistics (3PL) company powering e-commerce, quick commerce and hyperlocal deliveries across India.
Price
Market Cap
Sector
Services
Rank
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 152 | 582 |
| Reserves | 171 | 172 | 248 | 1.2k |
| Borrowings | 72 | 289 | 393 | 247 |
| Other Liabilities | 200 | 324 | 467 | 842 |
| Total Liabilities | 443 | 786 | 1.3k | 2.8k |
| AssetsFixed Assets | 83 | 118 | 329 | 588 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 60 | 312 | 329 | 354 |
| Other Assets | 300 | 356 | 601 | 1.9k |
| Total Assets | 443 | 786 | 1.3k | 2.8k |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | -73 | 132 | 50 | 350 |
| Cash from Investing | -40 | -311 | -119 | -1.1k |
| Cash from Financing | 90 | 200 | 130 | 863 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | -120 | 78 | -36 | 165 |
| 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.
SHADOWFAX · CYCLICAL_UNMODELABLE
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