Unicommerce eSolutions (UNIECOM) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 marked a strong start with robust revenue and profit growth, operational profitability in international business, and major product upgrades across platforms.

• Celebrated the fourth anniversary as a listed company, highlighting consistent growth and operational resilience.

• 88 new enterprise clients were onboarded, including notable traditional and D2C brands.

• Shipway achieved PAT profitability, and the UniReco payment reconciliation module was commercially launched.

• Board approved appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors for five years, subject to shareholder approval at the AGM.

Financial highlights

• Consolidated revenue for Q1 FY26 was INR 452.74 million, up 63.6% year-over-year.

• Adjusted EBITDA grew 112% year-over-year to INR 94.7 million; margin improved to 21.1% from 16.3%.

• Profit after tax rose 10.8% year-over-year to INR 38.9 million.

• EPS increased 10.4% year-over-year to INR 0.34; consolidated basic EPS was INR 0.35, unchanged from Q1 FY25.

• Annual Recurring Revenue reached INR 1,797.4 million, up 63.6% year-over-year.

Outlook and guidance

• Focus remains on disciplined execution, client engagement, and platform enhancement, with ongoing investments in AI integration.

• Multiple structural tailwinds expected, including under-penetrated e-commerce markets and international expansion.

• Price escalation clauses in new contracts to benefit revenue in later FY 2026 and beyond.

• Transition to Oracle ERP for financial management and reporting from Q2 FY26.