BlackBuck (BLACKBUCK) investor relations material

Executive summary

• Total income for Q1'FY27 reached ₹220.48 Cr, up 38% year-over-year and 10% sequentially, with revenue from operations up 42% and net revenues up 25%.

• EBITDA increased 23% year-over-year, reaching nearly INR 50 crore; adjusted EBITDA rose 16% to ₹54.62 Cr, with margin remaining strong.

• PAT increased 25% year-over-year to ₹42.17 Cr, though declined 36% sequentially.

• Platform had 900,000 transacting customers, a 13% year-over-year increase; deeper usage (≥2 services) grew 20%.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with a limited review by statutory auditors confirming no material misstatements.

Financial highlights

• Consolidated revenue from operations for Q1 FY27 was Rs. 2,041.68 million, up from Rs. 1,436.10 million in Q1 FY26 and Rs. 1,854.33 million in Q4 FY26.

• Gross transaction value (GTV) for tolling reached ₹7,045 Cr, up 16% year-over-year.

• Contribution margin stood at ₹152.74 Cr, up 25% year-over-year, with a margin of 93%.

• Core businesses (Payments & Telematics) grew 21% year-over-year; growth businesses surged 153%.

• PAT sequentially declined due to a deferred tax asset recognized in the previous quarter; adjusted PAT aligns with EBITDA and PBT.

Outlook and guidance

• Macro headwinds in tolling normalized by end of Q1; business as usual expected for tolling going forward.

• Continued calibrated investments in Superloads and focus on profitability in Vehicle Finance.

• Effective tax rate to remain offset by deferred tax for next two quarters; reassessment at year-end.

• 11th AGM scheduled for September 18, 2026, to consider adoption of audited financials, director re-appointment, share capital reclassification, and employee stock option schemes.