Shiprocket (SHIPROCKET) is loss-making over the last 12 months, losing ₹54 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹125.04, 20% below its 52-week high. Sales grew 23% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹9,098 Cr, ranked 9th of 74 Software (Application) companies by market cap; the shares fell 13% over the past year.
- ₹128.90
- ₹130.86
- ₹123.75
- ₹130.51
- 28.6 L
Health check
- ReturnsIn line
−12.8% over a year, better than 4 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +23.0% a year over 3 years, but loss-making now.
- ProfitabilityNegative
ROCE -3.3% vs peer median 12.6%.
- Balance sheetStretched
Practically debt-free, Piotroski 7 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹9,098 Cr
- Small cap
- P/E
- n/a
- Industry 27.7
- Price to book
- 3.09
- Peers 8.24
- Dividend yield
- 0.00%
- ROE
- −2.8%
- Peers 15.3%
- ROCE
- −3.3%
- Peers 12.6%
- Debt to equity
- 0.04
- Debt ₹102 Cr
- EPS (TTM)
- −₹1.03
- Face value ₹10
- OPM (TTM)
- 0.8%
- Net margin −2.3%
- Sales growth
- +33.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 3.87
- EV/EBITDA −108.5
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 33.8% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −2.8%.
- Interest coverage of only −2.5×.
About Shiprocket
Shiprocket Limited provides e-commerce enablement platform solutions in India. It offers Shiprocket Shipping, an e-commerce shipping platform that automates workflows across sales channels; ShiprocketX, an end-to-end cross border solution; fastrr, AI native growth suite for commerce brands; Shiprocket Fulfillment, a warehousing, and packaging and shipping solution; Shiprocket Trends; and Shiprocket Capital, a revenue-based financing platform. The company…
- Headquarters
- Gurugram
- Employees
- 1,470
- Sector
- Technology
- ISIN
- INE0FOO01011
- Website
- shiprocket.in
Price range
- Avg volume (3M)
- 1.4 Cr
- 1-year return
- minus 12.8%
- From 52-week high
- minus 20.3%
Peers · Software - Application
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TATAELXSITata Elxsi | 3,855.00 | minus 1.66% | 24,019 | 35.8 | 8.24 | 26.2% | 23.9% | 22.7% | 6.1% | −5.9% | 1.95% | minus 27.2% |
| URBANCOUrban Company | 158.12 | minus 0.25% | 23,446 | – | 12.14 | −7.2% | −21.5% | −22.9% | 34.7% | – | 0.00% | plus 6.5% |
| KFINTECHKfin Technologies | 915.80 | minus 1.14% | 15,835 | 45.6 | 9.75 | 18.9% | 22.6% | 38.1% | 22.5% | 20.6% | 1.31% | minus 13.4% |
| KPITTECHKPIT Technologies | 540.45 | plus 0.12% | 14,713 | 27.7 | 3.99 | 21.3% | 15.3% | 26.7% | 24.2% | 18.7% | 1.39% | minus 53.3% |
| BBOXBlack Box | 810.95 | minus 5.36% | 14,402 | 62.2 | 11.18 | 12.6% | 21.3% | 9.0% | 0.2% | 109.3% | 0.12% | plus 56.1% |
| AMAGIAmagi Media Labs | 568.25 | minus 0.04% | 12,293 | 119.9 | 6.74 | 5.0% | 6.3% | 3.9% | 30.3% | – | 0.00% | plus 63.2% |
| BLACKBUCKBLACKBUCK | 557.55 | plus 3.06% | 10,161 | 56.4 | 6.71 | 11.7% | 12.8% | 23.9% | 53.9% | – | 0.00% | minus 17.3% |
| SHIPROCKETShiprocket | 125.04 | minus 4.19% | 9,098 | – | 3.09 | −3.3% | −5.3% | −3.5% | 23.0% | – | 0.00% | minus 12.8% |
| Median of 7 peers | – | −0.25% | 14,713 | 51.0 | 8.24 | 12.6% | 15.3% | 22.7% | 24.2% | 19.7% | 0.12% | −13.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Jun 26 |
|---|---|---|---|
| 442 | 500 | 592 | |
| 460 | 520 | 603 | |
| −17.6 | −19.8 | −10.9 | |
| −4.0% | −4.0% | −1.8% | |
| 13.8 | 13 | 13.7 | |
| 6.4 | 6.6 | 6.4 | |
| 7.8 | 8 | 10.1 | |
| – | 1.1 | – | |
| −18 | −20.3 | −13.7 | |
| −18 | −20.3 | −13.7 | |
| -0.25 | – | -0.19 |
Profit & loss
- Sales CAGR 3Y
- +23.0%
- ROE
- −2.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,089 | 1,316 | 1,632 | 2,024 | |
| – | +20.9% | +24.0% | +24.0% | |
| 1,371 | 1,608 | 1,688 | 2,090 | |
| −283 | −292 | −56.5 | −66.3 | |
| −26.0% | −22.2% | −3.5% | −3.3% | |
| 37.5 | −138 | 39.2 | 50.9 | |
| 9.6 | 23 | 21.9 | 26.1 | |
| 41.4 | 76 | 35.2 | 36.3 | |
| −62.9 | −65.5 | −0.1 | −1.4 | |
| −359 | −595 | −74.4 | −79.2 | |
| −0.1% | – | – | – | |
| −337 | −592 | −74.4 | −79.2 | |
| -4.63 | -8.14 | -1.02 | -1.09 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.4 | 0.5 | 0.6 | 636 | |
| 1,701 | 1,286 | 1,491 | 888 | |
| 271 | 316 | 335 | 345 | |
| 414 | 449 | 483 | 636 | |
| 2,387 | 2,051 | 2,309 | 2,505 | |
| 122 | 123 | 98.9 | 114 | |
| 5.1 | – | 0.9 | 0.8 | |
| 20.5 | 220 | 2.9 | 443 | |
| 748 | 387 | 779 | 393 | |
| 1,491 | 1,322 | 1,427 | 1,554 | |
| 2,387 | 2,051 | 2,309 | 2,505 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −138 | −216 | 1.9 | 52.6 | |
| −92.2 | 176 | −144 | 53.2 | |
| 110 | −2.4 | 153 | −44.9 | |
| −121 | −42.8 | 10.8 | 61 | |
| −31.3 | −24.5 | −6.6 | −18.2 | |
| −169 | −241 | −4.7 | 34.5 |
Shareholding pattern
- Public94.97%
- Employee trusts5.03%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 0.00% | 94.97% | 0.00 | |
| 18 Aug 2026 | 0.00% | 94.78% | – |
Major shareholders
Filings & events
News
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