• Type of Event: Q2 FY27 Earnings Conference Call held to discuss the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.
  • Date and Time: The call was held on November 5, 2026. The specific time and time zone were not disclosed in the provided text.
  • Purpose: The stated purpose was to discuss the company's financial performance, provide strategic and operational updates, and answer questions from analysts and investors.
  • Management Participants: The call featured Mr. Saahil Goel (Managing Director and Chief Executive Officer), Mr. Tanmay Kumar (Chief Financial Officer), and Mr. Shreyanse Jain (Director, Investor Relations).
  • Availability of Materials: The transcript of the conference call was filed with the stock exchanges and is also hosted on the Company's website at https://www.shiprocket.in/investorrelations/results/. No mention was made of a presentation deck or recording being available.
  • UPSI Statement: The document is a compliance filing containing the transcript of the call that has already occurred. It does not contain a forward-looking disclaimer about sharing Unpublished Price Sensitive Information (UPSI) within the provided text.
  • Financial Period Discussed: The discussion centered on the Q2 FY27 (quarter ended September 30, 2026) and H1 FY27 (half year ended September 30, 2026) results.
  • Financial Highlights and Guidance: Key financial figures disclosed during the call include:
  • Overall Business: Revenue was INR 670+ crores (up 35% YoY). Adjusted EBITDA was INR 14.2 crores (up 3.3x YoY) at a 2.1% margin. PAT was INR 6 million (positive), a swing of ~INR 21 crores from a loss of INR 20 crores in Q2 FY26.
  • Core Business (Shipping): Revenue was ~INR 460 crores (up 25% YoY). Adjusted EBITDA was ~INR 59 crores (up 29% YoY) at a 12.8% margin. Contribution margin was 21.1%.
  • Emerging Businesses (MarTech, Omnichannel, Cross-border): Revenue was ~INR 210 crores (up 61% YoY). Adjusted EBITDA margin improved to -21.2% from -31.5% YoY. MarTech (rebranded as Fastrr) grew 102% YoY.
  • Operating Metrics: Trailing 12-month GMV was INR 37,400 crores (up 33% YoY). Transactions were 233 million (up 34% YoY). Active merchants were over 236,000 (up 8% YoY).
  • Cash Flow: Generated INR 55 crores of cash from operations in H1 FY27, which is 2.3x the INR 23 crores generated in H1 FY26.
  • Strategic Themes: Management expressed strong bullishness on the D2C and quick commerce markets in India. They emphasized their strategy of using the profitable Core business to fund growth in the high-growth Emerging segments to build a compounding business.

Additional Notes Section

  • The document filed is the transcript of the conference call that already took place. It was submitted to the exchanges pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
  • The document contains extensive financial data that was discussed during the earnings call.
  • Logistical details like dial-in numbers were part of the live call but are not included in this transcript.