Arthneeti

Unicommerce eSolutions Q2 FY27 Share Price & Earnings Call Analysis

₹81.45+1.03% today
Market cap
₹915 Cr
P/E
41.88
ROE
15.51%
Price to sales
4.19
Debt to equity
0.04
52W high / low
₹137 / ₹76.1
EBITDA margin
14.62%
Net profit margin
9.99%
Promoter holding
36.02%
Sales (last year)
₹218 Cr

Incorporated in 2012, Unicommerce eSolutions Ltd manages e-commerce operations for brands, sellers, and logistics providers through its SaaS platform[1]

Guidance scorecard · Q2 FY27 call

What Unicommerce's management guided
and where it ranks in IT - Software

Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ4 FY26 call

10–20%
  • Confident of delivering double-digit growth in the stand-alone Uniware business driven by strong client acquisition and improved adoption of new products.
  • Domestic market remains the primary focus for incremental growth, with international markets also targeted for expansion as new products mature.
  • International business grew faster than domestic but from a smaller base; plans to deepen presence in key geographies like Dubai, Philippines, and Malaysia.
  • New product launches and AI-native offerings expected to drive richer insights and improved customer engagement, supporting growth.

2 more points from Unicommerce's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Flat

See what Unicommerce said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • Unicommerce is actively pursuing inorganic growth through strategic acquisitions that align with their existing business and add product capability, with a focus on reasonable valuation, profitability, and a good team.
  • The company is evaluating several potential businesses especially in adjacent "white spaces" like the pre-purchase and post-purchase journey in e-commerce to expand product offerings.
  • Investments are being made in AI-led product development and embedding AI tools across functions including R&D, sales, marketing, and technology to drive productivity and faster feature launches.

2 more points from Unicommerce's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

See what Unicommerce said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

Ask what Unicommerce said on the order book →

Full Q4 FY26 analysis
Full IT - Software ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in IT - Software
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. CapitalNumbersGood growth
    3
See all potential multibaggersWhere does Unicommerce rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

IT - Software companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹552 Cr33.7
240%+Flat₹327 Cr7.1
3CapitalNumbers20–40%Up 2%+₹180 Cr9.2
420–40%Up 2%+₹142 Cr10.2
520–40%Up 0–2%₹1,703 Cr26.6
620–40%Flat₹4,000 Cr78.1

Sign up free to see every company in the sector ranking and track Unicommerce.

Pro shows every company guiding 40%+ revenue growth →Full IT - Software ranking

Financials of Unicommerce

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Unicommerce

Shareholding breakup across reporting periods.

Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +39.42%39.42%39.19%39.19%36.34%36.01%36.01%36.01%36.01%
FIIs +2.30%0.32%0.42%0.15%0.25%0.02%0.15%0.02%0.03%
DIIs +10.28%8.07%7.51%6.12%5.68%5.47%3.83%2.38%3.20%
Public +47.99%52.20%52.88%54.53%57.72%58.50%60.01%61.60%60.76%
No. of Shareholders1,00,8171,11,4601,11,1151,08,5621,04,7061,00,86098,35597,66395,310

Financials of Unicommerce

Quarterly Results

Quarter-by-quarter operating performance

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +25.9626.5327.4729.3132.7445.2744.9351.3856.3951.6351.3759.08
Expenses +21.4122.8923.2723.6024.4137.0236.5342.2445.4444.6945.9150.49
Operating Profit4.553.644.205.718.338.258.409.1410.956.945.468.59
OPM %17.53%13.72%15.29%19.48%25.44%18.22%18.70%17.79%19.42%13.44%10.63%14.54%
Other Income +1.701.191.551.291.501.060.830.851.221.181.421.59
Interest0.150.170.160.140.130.150.150.200.220.210.210.19
Depreciation0.890.860.850.851.144.363.932.002.022.002.112.15
Profit before tax5.213.804.746.018.564.805.157.799.935.914.567.84
Tax %25.72%24.21%25.74%25.62%26.52%30.21%24.66%25.67%25.58%42.47%-2.41%18.49%
Net Profit +3.882.883.514.476.293.353.895.787.393.404.686.39
EPS in Rs0.660.490.600.440.620.330.380.520.660.300.420.57

Financials of Unicommerce

Profit & Loss

Annual income statement trend

Mar 2024Mar 2025Mar 2026TTM
Sales +104135204218
Expenses +89108169187
Operating Profit14273632
OPM %14%20%17%15%
Other Income +6545
Interest0111
Depreciation27108
Profit before tax17242928
Tax %25%27%29%
Net Profit +13182022
EPS in Rs2.231.711.821.95
Dividend Payout %0%0%0%

Financials of Unicommerce

Balance Sheet

Capital structure and asset base

Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital6101111
Reserves6360182197
Borrowings +8899
Other Liabilities +331506878
Total Liabilities109228271294
Fixed Assets +8161164162
CWIP0600
Investments643140
Other Assets +95577593
Total Assets109228271294

Financials of Unicommerce

Cash Flows

Operating, investing and financing cash movement

Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +62847
Cash from Investing Activity +-30-22-43
Cash from Financing Activity +-2-5-3
Net Cash Flow-2512
Free Cash Flow62145
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit91%106%153%

Financials of Unicommerce

Ratios

Working capital efficiency and return ratios

Mar 2024Mar 2025Mar 2026
Debtor Days473720
Inventory Days
Days Payable
Cash Conversion Cycle473720
Working Capital Days191-247-44
ROCE %31%21%

Guidance history

How Unicommerce's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →10–20%FlatPlanned——
Q3 FY26 call →10–20%FlatPlanned—Rising
Q2 FY26 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

15out of 100

Momentum score · price trend

15 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−38.6%12%
Last 6 months−13.1%33%
Last 3 months−6.5%54%

The price is 66.6% below its all-time high of ₹241.36 (13 Sept 2024). Stocks more than 20% below their peak have their score halved, so 29 became 15.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Unicommerce: 0.4 × 12 + 0.4 × 33 + 0.2 × 54 = 29, halved to 15 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Unicommerce's management said in earlier quarters

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