Shadowfax Crosses ₹100 Cr Annual PAT Milestone; Reports ₹4,202 Cr Revenue for FY26
Bengaluru, May 14, 2026: Shadowfax, the third-party logistics (3PL) company, announced its audited financial results for the quarter and year ended March 31, 2026. The company reported significant milestones, including surpassing the ₹100 crore Profit After Tax (PAT) mark for the fiscal year, alongside robust revenue growth.For the full fiscal year 2026 (FY26), the company recorded a revenue of ₹4,202 crore, representing a substantial 69% year-over-year (YoY) growth. Total Profit After Tax (PAT) for FY26 reached ₹112 crore, marking a sharp improvement from ₹6 crore in FY25. Adjusted EBITDA for the year stood at ₹159 crore, showing a 227% YoY growth.
The fourth quarter of FY26 (Q4 FY26) delivered record performance, achieving the highest quarterly revenue of ₹1,237 crore. This figure reflects a 73.6% YoY growth and a 6.7% quarter-over-quarter (QoQ) increase.
Quarterly and Annual Performance Summary
The company's strong operational performance, including margin expansion, is detailed in the following table:| Metric | Q4 FY26 | Q4 FY25 | YoY Growth | QoQ Growth |
|---|---|---|---|---|
| Revenue (₹ Cr) | 1,237 | 712 | 73.6% | 6.7% |
| Orders (Cr) | 22.6 | 11.3 | 100.8% | 10.0% |
| Ind AS EBITDA (₹ Cr) | 81 | 12 | 571.7% | 22.0% |
| Ind AS EBITDA Margin | 6.6% | 1.7% | +490 bps | +80 bps |
| Adj. EBITDA (₹ Cr) | 58 | 5 | 1,051% | 17.8% |
| Adj. EBITDA Margin | 4.7% | 0.7% | +400 bps | +40 bps |
| Net Profit (₹ Cr) | 56 | -10 | 563.5% | 60.1% |
| Net Profit Margin | 4.5% | -1.4% | +590 bps | +150 bps |
Comparing the full year metrics, Adjusted EBITDA for FY26 reached ₹159 crore (3.8% margin, 227% YoY growth), while the Net Profit for the year was ₹112 crore.
Operational and Infrastructure Expansion
The company noted several operational highlights contributing to this growth. During the year, it fulfilled over 72.6 crore customer orders, showing a 66.4% YoY growth in shipments.To capture market demand, Shadowfax has expanded its infrastructure and capabilities:
- New Platform Launch: Shadowfax launched Shadowfax 360, a self-serve digital shipping platform designed for SMEs and D2C brands. This platform provides access to over 15,000 pin codes, flat-rate billing, and AI-driven RTO prediction, expanding the merchant base beyond traditional enterprise relationships.
- Network Buildout: The company invested ₹185 crore during FY26 into expanding its network, automation of sort centers, and capacity enhancement.
- New Facilities: A major achievement was the launch of OneNCR, the company's largest automated sortation center, featuring 2.1 lakh sq. feet of space and a processing capacity of 48,000 shipments per hour.
- Geographical Reach: The network expanded its reach to 15,656 pin codes, utilizing facilities spread across 4,778 touchpoints and connected by over 3,500 trucks daily.
Abhishek Bansal, cofounder and CEO of Shadowfax, stated that FY26 was a defining period for strengthening the business across scale, profitability, and infrastructure. He noted that Q4 was the strongest quarter in the company's history across revenue, EBITDA, and PAT, providing strong momentum as the company enters its next phase of growth.
SHADOWFAX Stock Price Movement
Today, Shadowfax Technologies Limited shares slipped by 2.03% to settle at ₹164.45. The stock saw a total volume of 1.93 million shares traded today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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