Shadowfax Technologies Ltd

A monitoring agency, CARE Ratings Ltd., has assessed the deployment of funds from an initial public offering, revealing delays in capital expenditure for network infrastructure. As of the reporting date, Rs 812.25 crore remains unutilized, primarily held in fixed deposits totaling Rs 830.48 crore across ICICI, HDFC, IDFC First, and Axis banks. While Rs 29.94 crore was initially allocated for capital expenditure by March 2026, with an additional Rs 121.57 crore by June 2026, the extent of the overall delay remains unclear. The report also notes a lack of detailed information regarding the utilization of funds for lease payments, branding, and acquisitions, and highlights that no funds have been used for general corporate purposes. The assessment includes disclaimers regarding reliance on provided information and the agency’s limited liability.

Net profit of Shadowfax Technologies rose 715.46% to Rs 65.40 crore in the quarter ended June 2026 as against Rs 8.02 crore during the previous quarter ended June 2025. Sales rose 64.91% to Rs 1358.12 crore in the quarter ended June 2026 as against Rs 823.54 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1358.12823.54 65 OPM %6.763.06 - PBDT105.1629.90 252 PBT65.408.02 715 NP65.408.02 715 Powered by Capital Market - Live

Shadowfax Technologies Limited announced its Q1 FY27 financial results, reporting Rs 1,358 crore in revenue, a 64.9% year-over-year increase, and a net profit of Rs 65 crore, the highest quarterly profit in the company's history. The company's adjusted EBITDA margin expanded to 4.9%, and it achieved 24.7 crore orders, with express parcel revenue growing 87.3% year-over-year and hyperlocal revenue growing 53.0% year-over-year. Shadowfax also invested approximately Rs 60 crore in capital expenditures during the quarter to expand its network, reaching 16,372 pin codes.

Shadowfax Technologies will hold a meeting of the Board of Directors of the Company on 31 July 2026.

Shadowfax Technologies has allotted 1,00,200 equity shares under ESOP on 06 July 2026. Consequent to the above allotment, the issued, subscribed and paid-up equity share capital of the Company stands increased from Rs. 5,85,08,46,200 /- (comprising 58,50,84,620 equity shares of Rs. 10/- each) to Rs. 5,85,18,48,200 /- (comprising 58,51,84,820 equity shares of Rs. 10/- each).

Net profit of Shadowfax Technologies reported to Rs 55.83 crore in the quarter ended March 2026 as against net loss of Rs 9.87 crore during the previous quarter ended March 2025. Sales rose 73.64% to Rs 1237.09 crore in the quarter ended March 2026 as against Rs 712.43 crore during the previous quarter ended March 2025. For the full year,net profit rose 1637.33% to Rs 111.71 crore in the year ended March 2026 as against Rs 6.43 crore during the previous year ended March 2025. Sales rose 69.10% to Rs 4202.44 crore in the year ended March 2026 as against Rs 2485.13 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1237.09712.43 74 4202.442485.13 69 OPM %6.551.69 -5.042.26 - PBDT90.1114.12 538 228.1171.30 220 PBT54.86-10.24 LP 110.746.06 1727 NP55.83-9.87 LP 111.716.43 1637 Powered by Capital Market - Live

Shadowfax Technologies will hold a meeting of the Board of Directors of the Company on 14 May 2026.

Shadowfax Technologies allotted 7,27,452 equity shares of face value of Rs. 10/- each to eligible employees/ESOP holders who have exercised their stock options under SFX ESOP 2016.

Shadowfax Technologies announced the launch of Shadowfax 360, a unified digital shipping platform built to empower India's SME and D2C ecosystem. Shadowfax 360 provides small sellers and emerging brands with immediate access to an enterprise grade network covering 15,000+ pincodes across 2,500 cities. Designed to solve core merchant pain points, the platform features a first-of-its-kind transparent flat-rate billing model that eliminates weight-based disputes, one-click integrations with major sales channels like Shopify and WooCommerce, and an AI-driven RTO Predictor to minimize return risks. To support SME liquidity, the platform also offers the industry's fastest Cash on Delivery (COD) remittance cycles. The self serve portal enables businesses to bypass traditional logistics onboarding hurdles, allowing them to register and start nationwide shipping in minutes. Unlike traditional logistics partnerships that demand volume commitments, Shadowfax 360 imposes no minimum order requirements - making enterprise-grade logistics accessible to every SME, regardless of size or stage. The launch marks an important step in the Company's efforts to scale its seller ecosystem and diversify its merchant base beyond enterprise and marketplace relationships - expanding to a broader base of online-first SMEs, early-stage D2C brands and marketplace-first sellers transitioning to owned-channel commerce. The Company expects Shadowfax 360 to be a meaningful driver of new customer acquisition in the years ahead, contributing to volume growth and revenue diversification.

Net profit of Shadowfax Technologies rose 439.63% to Rs 34.86 crore in the quarter ended December 2025 as against Rs 6.46 crore during the previous quarter ended December 2024. Sales rose 65.52% to Rs 1159.71 crore in the quarter ended December 2025 as against Rs 700.63 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1159.71700.63 66 OPM %5.732.97 - PBDT67.1223.06 191 PBT34.866.46 440 NP34.866.46 440 Powered by Capital Market - Live