Shadowfax Technologies Limited announced its unaudited financial results for Q3FY26 ended December 31, 2025, demonstrating exceptional growth across all key financial metrics. The logistics technology company's Board of Directors approved the quarterly results at a meeting held on February 12, 2026, marking its first quarterly results as a publicly listed company.

Record Financial Performance

The company achieved its highest ever quarterly revenue of ₹1,160 crores in Q3FY26, representing a robust 65.5% year-on-year growth from ₹701 crores in Q3FY25. Sequential growth remained strong at 18.1% compared to Q2FY26. The company delivered 20.6 crore orders combined in express parcel and hyperlocal services, marking a 61% YoY growth in shipments.

Strong Profitability and Margin Expansion

Shadowfax demonstrated significant margin improvement with IndAS EBITDA reaching ₹66 crores at 5.7% margin, representing a 219% YoY growth and 270 basis points improvement. Adjusted EBITDA stood at ₹49 crores with 4.3% margin, showing 175% YoY growth and 170 basis points improvement driven by strong operating leverage and efficiency gains.

Nine-Month Performance and Operational Excellence

For the nine-month period ended December 31, 2025, revenue reached ₹2,965 crores with 67.3% YoY growth. The company delivered 50 crore orders during this period, representing 54.4% YoY growth. Net profit for nine months stood at ₹56 crores, up 243% YoY, while generating free cash flow of ₹61 crores despite highest capital expenditure for network strengthening.

Infrastructure Expansion and Market Reach

Shadowfax continued expanding its nationwide network, now covering 15,166 pin codes through 4,519 touchpoints spanning over 45 lakh square feet of operating space. The network is supported by 3,000 trucks operating daily. During the nine-month period, the company invested ₹140 crores in network expansion, sort center automation, geographic presence enhancement, and new technology deployment.

Service Line Performance

Express Parcel revenue demonstrated strong growth of 72% YoY, while Hyperlocal revenue grew 43% YoY. This performance was supported by exceptional market share gains across service lines, with the company recording its 11th consecutive quarter of EBITDA profitability.

Regulatory Compliance and Investor Communication

The financial results were prepared in accordance with Indian Accounting Standard 34 and submitted pursuant to Regulation 30 of SEBI Listing Regulations. Company Secretary Krishnakanth Venkata Gangavarapu signed the regulatory filing on February 12, 2026. The company's shares trade on BSE (Scrip Code: 544685) and NSE (Symbol: SHADOWFAX), with results also available on the company's investor relations website.

Pursuant to Regulation 30 and other applicable provisions of the SEBI Listing Regulations, the company has also submitted an investor presentation on the unaudited financial results for the quarter and nine-months ended December 31, 2025, to both NSE and BSE. The presentation is available on the company's investor relations website at https://www.shadowfax.in/investor-relations .

Leadership Vision and Strategic Direction

Managing Director and CEO Abhishek Bansal emphasized the company's position as a "100-year story" built on resilience and resolve. In his letter to shareholders, he highlighted Shadowfax's journey from challenging industry heavyweights to becoming India's fastest-growing logistics player of national scale. The company continues to operate with challenger DNA, focusing on innovation as a force multiplier and efficiency as fuel for sustainable growth.

Shadowfax Technologies Limited has formally notified the stock exchanges about the submission of its Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information (UPSI). The intimation was sent to both BSE Limited and the National Stock Exchange of India Limited on 29th January 2026.

Regulatory Compliance Details

The company has framed the UPSI disclosure code in accordance with Regulation 8(1) of the Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. As mandated by Regulation 8(2) of the SEBI PIT Regulations, the company has submitted this code to the exchanges for their information and records.

Public Accessibility

Shadowfax Technologies has uploaded the complete Code of Practices and Procedures on its official website to ensure transparency and public access. The document is available in the investor relations section under corporate governance disclosures at the company's website.

Company Information

The intimation was signed by Krishnakanth Venkata Gangavarapu, Company Secretary and Compliance Officer (Membership No. A17291). Shadowfax Technologies Limited, formerly known as Shadowfax Technologies Private Limited, is registered in Karnataka with CIN U72300KA2015PLC150324. The company's registered office is located at Shilpitha Tech Park in Bangalore.

This submission represents part of the company's ongoing compliance with securities market regulations and commitment to maintaining transparency in handling price-sensitive information.