BlackBuck Limited
₹566.60+₹4.30 (+0.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹11,912 Cr
- P/E
- 31.2x
- EV / EBITDA
- -72.2x
- Revenue
- ₹422 Cr
- Net margin
- -65.5%
- ROCE
- -32.3%
Price chart
Technical chartScreen technicals →-17.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -6.8%
- 3M
- +3.8%
- 6M
- +3.3%
- 1Y
- -17.1%
- 5Y
- +117.8%
52-week range
Day change +₹4.30 (+0.8%) from ₹562 to ₹567 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in BLACKBUCK, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Revenue grew 42.6% YoY
Concerns1
- Negative free cash flow (₹391 Cr)
Rule-based from financial data. Not advice.
About the company
BlackBuck Limited provides digital platform for truck operators in India. The company provides tracking; digital marketplace for loads; fuel cards; and technology led vehicle finance platform, as well as financing for the purchase of used vehicles. It also offers digital platforms to digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics. BlackBuck Limited was formerly known as Zinka Logistics Solutions Limited and changed its name to BlackBuck Limited in August 2025. The company was incorporated in 2015 and is based in Bengaluru, India.
- Sector
- Transportation
- Shares outstanding
- 18.1 Cr shares
- ISIN
- INE0UIZ01018
- BSE code
- 544288
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹11,912 Cr
- P/E
- 31.2x
- P/B
- 9.0x
- EV / EBITDA
- -72.2x
- EV / Sales
- 40.5x
- P/S
- 40.2x
- Earnings yield
- 3.2%
- 52-week high
- ₹733.35
- 52-week low
- ₹499.90
Profitability
- Operating margin
- -53.4%
- Net margin
- -65.5%
- EBITDA margin
- -56.1%
- ROE
- -62.6%
- ROCE
- -32.3%
- ROA
- -29.9%
- Dividend payout
- 0.0%
- Tax rate
- 0.0%
- Other income, % of PBT
- 4.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹422 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 42.6%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -33.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹166 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 37.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -95.4%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹58.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -146.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹31.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -0.9%
Solvency and efficiency
- Current ratio
- 3.85
- Debt / Equity
- 0.58
- Debt / Assets
- 0.28
- Debt / EBITDA
- -1.08
- Financial leverage
- 2.09
- CFO / Net profit
- -0.30
- Cash / Market cap
- 4.5%
- Cash per share
- ₹29.50
- Asset turnover
- 0.46
- Fixed asset turnover
- 7.59
- Capital intensity
- 0.13
- Debtor days
- 26 days
- Cash conversion cycle
- 26 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹422 Cr |
| Expenses | ₹331 Cr |
| Operating profit | ₹91 Cr |
| Other income | -₹309 Cr |
| Interest | ₹3 Cr |
| Depreciation | ₹34 Cr |
| Profit before tax | -₹254 Cr |
| Tax and other | -₹245 Cr |
| Net profit | -₹9 Cr |
Revenue and net profit
Revenue grew 42.6% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹853 Cr | -₹234 Cr |
| FY2022 | ₹767 Cr | -₹293 Cr |
| FY2023 | ₹668 Cr | -₹297 Cr |
| FY2024 | ₹296 Cr | -₹194 Cr |
| FY2025 | ₹422 Cr | -₹9 Cr |
Cash flows
FY2025: ₹85.0 Cr from operations, -₹391 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹59 Cr | ₹241 Cr |
| FY2022 | -₹75 Cr | -₹291 Cr |
| FY2023 | -₹125 Cr | ₹44 Cr |
| FY2024 | ₹58 Cr | ₹69 Cr |
| FY2025 | ₹85 Cr | -₹391 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹422 Cr+42.6%1Y
- Net profit
- -₹9 Cr
- Cash from operations
- ₹85 Cr
- Free cash flow
- -₹391 Cr-666.7%1Y
- Revenue CAGR, 5Y
- -33.2%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹422 Cr | ₹91 Cr | — | -₹9 Cr | ₹85 Cr | -₹391 Cr | -0.7% | +42.6% | -95.4% |
Monthly returns
Month-by-month returns of BLACKBUCK across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,399 Cr |
| Equity capital | ₹18 Cr |
| Reserves | ₹1,218 Cr |
| Borrowings | ₹8 Cr |
| Other liabilities | ₹155 Cr |
| Assets | ₹1,399 Cr |
| Fixed assets | ₹45 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹109 Cr |
| Other assets | ₹1,246 Cr |
Market cap against peers
4 peers: same sector group, nearest by size.
P/E against peers
BLACKBUCK trades at 31.2x earnings against a peer median of 33.8x.
Not shown (no positive earnings and no EV / Sales): GMR Airports Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| BlackBuck LimitedBLACKBUCKthis company | ₹11,912 Cr | 31.2x | 9.0x | -62.6% | -72.2x |
| InterGlobe Aviation LimitedINDIGO | ₹1.8 L Cr | 36.3x | 21.6x | 422.8% | 12.3x |
| GMR Airports LimitedGMRAIRPORT | ₹1.0 L Cr | — | 2.0x | -1.0% | 314.8x |
| AEGIS VOPAK TERMINALS LIMITEDAEGISVOPAK | ₹25,481 Cr | 158.0x | 5.5x | 4.9% | 86.5x |
| Ceigall India LimitedCEIGALL | ₹4,805 Cr | 19.2x | 2.5x | 31.5% | 10.5x |
| Peer median | — | 33.8x | 5.5x | 4.9% | 49.4x |
Year-to-date ROI
BLACKBUCK since 1 January, against earlier years.
Historical volatility
BLACKBUCK's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -23.0% |
| FY2022 | -37.0% |
| FY2023 | -43.0% |
| FY2024 | -53.0% |
| FY2025 | 22.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹422 Cr |
| Costs | |
| Interest | ₹3 Cr |
| Expenses | ₹331 Cr |
| Operating profitOperating Profit | ₹91 Cr |
| Other income and charges | |
| Profit before tax | -₹254 Cr |
| Tax | |
| Net profitNet Profit | -₹9 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,399 Cr |
| Equity capitalEquity Capital | ₹18 Cr |
| Reserves | ₹1,218 Cr |
| Borrowings | ₹8 Cr |
| Other liabilitiesOther Liabilities | ₹155 Cr |
| AssetsTotal Assets | ₹1,399 Cr |
| Fixed assetsFixed Assets | ₹45 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹109 Cr |
| Other assetsOther Assets | ₹1,246 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹85 Cr |
| Investing cash flowCash from Investing Activity | -₹476 Cr |
| Financing cash flowCash from Financing Activity | ₹361 Cr |
| Change in cashNet Cash Flow | -₹31 Cr |
Learn while you research
Academy chapters picked for BlackBuck Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 31.2, learn when high multiples are justified.6 min read
- 04 Growth Investing43% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read