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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Shiprocket
Shiprocket (SHIPROCKET) investor relations material
Shiprocket Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 revenue rose 35% YoY to Rs. 6,736.47 Mn; adjusted EBITDA was Rs. 142 Mn and PAT was Rs. 5.95 Mn.
H1 FY27 revenue grew 34% to Rs. 12,657.34 Mn; adjusted EBITDA reached Rs. 231 Mn versus Rs. 53 Mn, and the loss before tax narrowed to Rs. 131.19 Mn from Rs. 383.23 Mn.
Financial highlights
Q2 revenue from operations was Rs. 6,736.47 Mn, up 35% YoY and 14% QoQ; contribution was Rs. 1,300 Mn, up 43%, at a 19.3% margin.
Adjusted EBITDA was Rs. 142 Mn versus Rs. 43 Mn in Q2 FY26; margin expanded to 2.1% from 0.9%.
Consolidated Q2 profit before tax and net profit were Rs. 5.95 Mn, versus a Rs. 202.90 Mn loss in Q2 FY26.
H1 revenue from operations was Rs. 12,657.34 Mn; contribution was Rs. 2,451 Mn and adjusted EBITDA was Rs. 231 Mn.
H1 net cash from operating activities was Rs. 551 Mn versus Rs. 238 Mn in H1 FY26.
Segment performance
Core Q2 revenue rose 25% YoY to Rs. 4,614.60 Mn; adjusted EBITDA increased 29% to Rs. 591.14 Mn, with a 12.8% margin versus 12.4%.
Emerging Q2 revenue grew 61% YoY to Rs. 2,121.87 Mn; contribution rose 147% to Rs. 327 Mn, while adjusted EBITDA loss was Rs. 449.08 Mn and margin improved to (21.2%) from (31.5%).
Emerging growth included Martech at 102% YoY, omnichannel at 79% and cross-border at 9%.
H1 Core revenue was Rs. 8,731.97 Mn with segment results of Rs. 1,118.01 Mn; Emerging revenue was Rs. 3,925.37 Mn with segment results of a Rs. 886.57 Mn loss.
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Latest events from Shiprocket
- Revenue advanced, but impairments and rising costs deepened the FY24 net loss.SHIPROCKET
H2 23/24 - Revenue reached Rs 10,888m as net loss widened to Rs 3,338m.SHIPROCKETH2 22/23
- Revenue reached Rs 16,320.12m as net loss narrowed to Rs 744.49m.SHIPROCKETH2 24/25
- 24% revenue growth, positive operating cash flow and a narrowing Emerging Business loss margin.SHIPROCKETQ4 25/26
- Revenue up 34% YoY, adjusted EBITDA up 9x, net loss narrowed, and major IPO completed.SHIPROCKETQ1 26/27
Next Shiprocket earnings date
Q3 26/274 Feb, 2027
Shiprocket
Next Shiprocket earnings date
Q3 26/274 Feb, 2027
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