Key Quantitative Figures

Standalone Financial Results (Q2 FY27):

  • Revenue from operations: ₹2,318.40 million (Q2 FY26: ₹1,486.68 million)
  • Total income: ₹2,483.72 million (Q2 FY26: ₹1,648.33 million)
  • Profit before tax: ₹448.17 million (Q2 FY26: ₹404.36 million)
  • Net profit: ₹437.22 million (Q2 FY26: ₹305.77 million)
  • Basic EPS: ₹2.39 (Q2 FY26: ₹1.68)
  • Diluted EPS: ₹2.39 (Q2 FY26: ₹1.67)

Consolidated Financial Results (Q2 FY27):

  • Revenue from operations: ₹2,353.30 million
  • Total income: ₹2,531.51 million
  • Profit before tax: ₹428.17 million
  • Net profit: ₹413.97 million
  • Basic EPS: ₹2.27
  • Diluted EPS: ₹2.26

Half-Year FY27 Standalone:

  • Revenue from operations: ₹4,330.74 million (H1 FY26: ₹2,897.10 million)
  • Total income: ₹4,643.84 million (H1 FY26: ₹3,219.02 million)
  • Net profit: ₹855.68 million (H1 FY26: ₹655.15 million)

Balance Sheet (Standalone as of September 30, 2026):

  • Total assets: ₹18,341.77 million (March 31, 2026: ₹17,080.74 million)
  • Total equity: ₹15,189.12 million (March 31, 2026: ₹14,236.79 million)
  • Cash and cash equivalents: ₹972.40 million
  • Bank balances other than cash: ₹8,245.11 million

Dates of Action

  • Board meeting date: October 29, 2026 (12:50 PM to 2:09 PM IST)
  • Financial period: Quarter and half-year ended September 30, 2026
  • ESOP grant date: October 29, 2026
  • Designation change effective: October 29, 2026
  • Subsidiary incorporation: September 24, 2026
  • Business transfer agreement: October 12, 2026

Parties Involved

  • Subsidiaries: Blackbuck Finserve Private Limited, TZF Logistics Solutions Private Limited, BlackBuck Transport Services Private Limited
  • Auditor: B S R & Co. LLP
  • Bank: Axis Bank Limited
  • Regulatory bodies: National Stock Exchange of India Ltd., BSE Limited, SEBI

Corporate Actions Approved

1. Corporate Guarantee: ₹40,00,00,000 (Forty Crores) in favor of Axis Bank Limited for term loan facility availed by Blackbuck Finserve Private Limited

2. Change in Designation: Mr. Abhishek Singh promoted to Chief Business Officer (Senior Management Personnel)

3. ESOP Grant: 34,399 stock options under BlackBuck Limited Employee Stock Option Scheme 2016 to eligible employees

  • Exercise price: ₹1 per equity share
  • Vesting schedule: 25% over 4 years
  • Face value: ₹10 per share

Subsidiary Updates

  • ZZ Logistics Solutions Private Limited struck off from Register of Companies effective May 11, 2026
  • BlackBuck Transport Services Private Limited incorporated on September 24, 2026 (wholly owned subsidiary)
  • Business Transfer Agreement executed on October 12, 2026 to transfer Loads business to BlackBuck Transport Services Private Limited via slump sale

Segment Information

Revenue Breakdown (Consolidated Q2 FY27):

  • Truck operator services: ₹2,319.62 million
  • Lending business: ₹33.68 million

Segment Results:

  • Truck operator services profit: ₹567.26 million
  • Lending business loss: ₹(16.89) million

Financial Impact Disclosure

  • Corporate guarantee of ₹40 crores provided to subsidiary
  • ESOP grant of 34,399 options (potential equity dilution)
  • Business transfer to subsidiary (consideration based on Net Asset Value)
  • Exceptional item of ₹38.30 million recognized in FY26 due to New Labour Codes implementation

Additional Information

  • Company name changed from Zinka Logistics Solutions Limited to BlackBuck Limited effective August 20, 2025
  • Limited review report issued by B S R & Co. LLP with no modifications
  • Audit Committee recommended and Board of Directors approved the financial results