Shiprocket Ltd.
•₹ 140.81-0.59%
2026-08-21
PROS
- Working capital cycle has improved - days down from 123 to 35
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of -25.9% over last 3 years
- Company has a low return on capital employed of -13.3%
- Receivables are growing faster than sales - a possible quality concern
- Interest coverage is weak at -0.3x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.18x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ETERNAL | 320.20 | 713.64 | 309004.23 | 0.00 | 92.00 | 268.00 | 20211.00 | 182.00 | 3.29 | 2.94 |
| 2. | NYKAA | 327.50 | 366.22 | 93799.73 | 0.00 | 79.76 | 225.95 | 2782.00 | 29.10 | 20.15 | 8.48 |
| 3. | MEESHO | 196.90 | 0.00 | 91038.09 | 0.00 | -1328.35 | -359.07 | 37128.11 | 1382.83 | -78.80 | -6.05 |
| 4. | SWIGGY | 272.40 | 0.00 | 75190.94 | 0.00 | -791.00 | 33.92 | 6812.00 | 37.31 | -27.59 | -9.56 |
| 5. | SHIPROCKET | 143.50 | 0.00 | 10440.74 | 0.00 | — | — | — | — | -3.02 | — |
| 6. | INDIAMART | 1732.85 | 21.12 | 10421.91 | 3.46 | 172.20 | 12.18 | 414.40 | 11.37 | 28.39 | 31.83 |
| 7. | FIRSTCRY | 196.70 | 0.00 | 10269.48 | 0.00 | -43.95 | 33.91 | 2106.23 | 13.08 | -1.65 | 2.83 |
| 8. | IBULLSLTD | 26.51 | 14.74 | 6175.62 | 0.00 | 1410.20 | 53516.67 | 3594.50 | — | 0.00 | 42.82 |
| 9. | MSTCLTD | 707.05 | 21.24 | 4977.63 | 2.22 | 58.22 | 37.50 | 94.24 | 21.71 | 60.68 | 61.36 |
| 10. | ISFT | 84.74 | 10.07 | 138.23 | 0.00 | 4.54 | 10.85 | 139.63 | 8.25 | 6.12 | 3.50 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
No standalone quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 1,283 | 1,611 | 1,997 | |
| 1,528 | 1,651 | 2,027 | |
| Operating Profit | -203 | 4 | 29 |
| OPM % | -16 | 0 | 1 |
| Other Income | 42 | 44 | 59 |
| Interest | 23 | 22 | 26 |
| Depreciation | 64 | 33 | 34 |
| -599 | -50 | -35 | |
| Tax % | 0 | 0 | 0 |
| Net Profit | -599 | -50 | -35 |
| EPS | -11,554 | -786 | -1 |
| Dividend Payout % | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | -43 | -3 | -1 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | -43 | -3 | -1 |
Mar 2024
- 1,283
- 1,528
- Operating Profit
- -203
- OPM %
- -16
- Other Income
- 42
- Interest
- 23
- Depreciation
- 64
- -599
- Tax %
- 0
- Net Profit
- -599
- EPS
- -11,554
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -43
Mar 2025
- 1,611
- 1,651
- Operating Profit
- 4
- OPM %
- 0
- Other Income
- 44
- Interest
- 22
- Depreciation
- 33
- -50
- Tax %
- 0
- Net Profit
- -50
- EPS
- -786
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2026
- 1,997
- 2,027
- Operating Profit
- 29
- OPM %
- 1
- Other Income
- 59
- Interest
- 26
- Depreciation
- 34
- -35
- Tax %
- 0
- Net Profit
- -35
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -26%
- Last Year:
- -3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| 1 | 1 | 636 | |
| 863 | 1,055 | 571 | |
| 213 | 245 | 242 | |
| Trade Payables | 204 | 229 | 261 |
| 784 | 815 | 858 | |
| Total Liabilities | 2,065 | 2,344 | 2,568 |
| ASSETS | - | - | - |
| 965 | 940 | 954 | |
| 109 | 126 | 112 | |
| 1 | 1 | 1 | |
| 117 | 153 | 237 | |
| Cash & Bank | 234 | 483 | 171 |
| 639 | 641 | 1,092 | |
| Total Assets | 2,065 | 2,344 | 2,568 |
| Total Debt | 213 | 245 | 242 |
| Net Working Capital | 33 | 543 | 192 |
| Contingent Liabilities | 0 | 0 | 0 |
| Book Value per Share | 16672.12 | 16591.42 | 18.98 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 213 | 245 | 242 |
| Net Working Capital | 33 | 543 | 192 |
| Contingent Liabilities | 0 | 0 | 0 |
| Book Value per Share | 16672.12 | 16591.42 | 18.98 |
| Face Value | 10.00 | 10.00 | 10.00 |
Mar 2024
- 1
- 863
- 213
- Trade Payables
- 204
- 784
- Total Liabilities
- 2,065
- 965
- 109
- 1
- 117
- Cash & Bank
- 234
- 639
- Total Assets
- 2,065
- Total Debt
- 213
- Net Working Capital
- 33
- Contingent Liabilities
- 0
- Book Value per Share
- 16672.12
- Face Value
- 10.00
- Total Debt
- 213
- Net Working Capital
- 33
- Contingent Liabilities
- 0
- Book Value per Share
- 16672.12
- Face Value
- 10.00
Mar 2025
- 1
- 1,055
- 245
- Trade Payables
- 229
- 815
- Total Liabilities
- 2,344
- 940
- 126
- 1
- 153
- Cash & Bank
- 483
- 641
- Total Assets
- 2,344
- Total Debt
- 245
- Net Working Capital
- 543
- Contingent Liabilities
- 0
- Book Value per Share
- 16591.42
- Face Value
- 10.00
- Total Debt
- 245
- Net Working Capital
- 543
- Contingent Liabilities
- 0
- Book Value per Share
- 16591.42
- Face Value
- 10.00
Mar 2026
- 636
- 571
- 242
- Trade Payables
- 261
- 858
- Total Liabilities
- 2,568
- 954
- 112
- 1
- 237
- Cash & Bank
- 171
- 1,092
- Total Assets
- 2,568
- Total Debt
- 242
- Net Working Capital
- 192
- Contingent Liabilities
- 0
- Book Value per Share
- 18.98
- Face Value
- 10.00
- Total Debt
- 242
- Net Working Capital
- 192
- Contingent Liabilities
- 0
- Book Value per Share
- 18.98
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -180 | 8 | 49 | |
| Cash from Investing | 86 | -151 | 58 |
| Cash from Financing | 55 | 154 | -44 |
| -39 | 11 | 63 | |
| Free Cash Flow | -180 | 8 | 6 |
| OCF / Net Profit | 0.30 | -0.15 | -1.39 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 0.30 | -0.15 | -1.39 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2024
- -180
- Cash from Investing
- 86
- Cash from Financing
- 55
- -39
- Free Cash Flow
- -180
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 0
Mar 2025
- 8
- Cash from Investing
- -151
- Cash from Financing
- 154
- 11
- Free Cash Flow
- 8
- OCF / Net Profit
- -0.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.15
- Cumulative 5-Year FCF
- 0
Mar 2026
- 49
- Cash from Investing
- 58
- Cash from Financing
- -44
- 63
- Free Cash Flow
- 6
- OCF / Net Profit
- -1.39
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.39
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | -11554.19 | -785.88 | -0.55 |
| Book Value (₹) | 16672.12 | 16591.42 | 18.98 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.00 | -1.02 | -0.01 |
| PROFITABILITY | - | - | - |
| Operating Margin % | -19.15% | -2.47% | -1.50% |
| Net Margin % | -46.66% | -3.10% | -1.76% |
| ROE % | -69.30% | -5.21% | -3.10% |
| ROCE % | -37.78% | -1.71% | -0.50% |
| -28.98% | -2.27% | -1.43% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 33 | 31 | 36 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 5029 |
| 34 | 31 | -4993 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.23x | 0.22x | 0.20x |
| Interest Coverage (x) | -25.46x | -1.30x | -0.35x |
| 1.05x | 1.75x | 1.22x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 25.60% | 23.97% |
| Operating Profit Growth % | 0.00% | 102.19% | 549.70% |
| Net Profit Growth % | 0.00% | 91.65% | 29.78% |
| 0.00% | 93.20% | 99.93% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| -0.19x | -40.02x | 24.45x |
Mar 2024
- EPS (₹)
- -11554.19
- Book Value (₹)
- 16672.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -19.15%
- Net Margin %
- -46.66%
- ROE %
- -69.30%
- ROCE %
- -37.78%
- -28.98%
- Debtor Days
- 33
- Inventory Days
- 0
- Payable Days
- 0
- 34
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- -25.46x
- 1.05x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- -0.19x
Mar 2025
- EPS (₹)
- -785.88
- Book Value (₹)
- 16591.42
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -1.02
- Operating Margin %
- -2.47%
- Net Margin %
- -3.10%
- ROE %
- -5.21%
- ROCE %
- -1.71%
- -2.27%
- Debtor Days
- 31
- Inventory Days
- 0
- Payable Days
- 0
- 31
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- -1.30x
- 1.75x
- Revenue Growth %
- 25.60%
- Operating Profit Growth %
- 102.19%
- Net Profit Growth %
- 91.65%
- 93.20%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- -40.02x
Mar 2026
- EPS (₹)
- -0.55
- Book Value (₹)
- 18.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.01
- Operating Margin %
- -1.50%
- Net Margin %
- -1.76%
- ROE %
- -3.10%
- ROCE %
- -0.50%
- -1.43%
- Debtor Days
- 36
- Inventory Days
- 0
- Payable Days
- 5029
- -4993
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- -0.35x
- 1.22x
- Revenue Growth %
- 23.97%
- Operating Profit Growth %
- 549.70%
- Net Profit Growth %
- 29.78%
- 99.93%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 24.45x
Documents
Announcements
- Updates
2026-08-19 - Shiprocket Limited has informed the Exchange regarding 'Intimation under Regulation 8(2) of the Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.'
- Updates
2026-08-19 - Shiprocket Limited has informed the Exchange regarding 'Intimation under Regulation 30 (5) of the Securities and Exchange Board of India (Listing Obligations and isclosure Requirements Regulations), 2015 ( Listing Regulations )'.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.