Unicommerce eSolutions Reports 72.2% YoY Revenue Growth in Q3 FY26 Results
Unicommerce eSolutions delivered robust Q3 FY26 financial performance with revenue growing 72.2% YoY to Rs. 56.39 crores and Adjusted EBITDA increasing 51.0% to Rs. 13.40 crores. The company added 110+ enterprise clients during the quarter and launched three AI capabilities across its platforms, achieving an ARR exceeding Rs. 225 crores.
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Unicommerce eSolutions Limited announced robust financial results for the quarter and nine months ended December 31, 2025, showcasing exceptional growth across all key metrics. The company's board approved these audited results at their meeting on February 14, 2026, with an investor presentation released under Regulation 30 of SEBI Listing Regulations.
Strong Q3 FY26 Performance
The company delivered outstanding consolidated financial performance in Q3 FY26, with revenue growing 72.2% year-over-year to Rs. 56.39 crores compared to Rs. 32.74 crores in Q3 FY25. This growth was driven by strong performance across all platforms - Uniware, Shipway, and Convertway. The company achieved an Annual Recurring Revenue (ARR) of over Rs. 225 crores.
| Metric: | Q3 FY26 | Q3 FY25 | YoY Growth |
|---|---|---|---|
| Revenue: | Rs. 56.39 Cr | Rs. 32.74 Cr | 72.2% |
| Adjusted EBITDA: | Rs. 13.40 Cr | Rs. 8.90 Cr | 51.0% |
| PAT: | Rs. 7.39 Cr | Rs. 6.29 Cr | 17.4% |
| Adjusted EBITDA Margin: | 23.8% | 27.1% | (335 bps) |
Nine-Month FY26 Highlights
For the nine-month period, Unicommerce reported consolidated revenue of Rs. 152.71 crores, representing a 70.6% increase from Rs. 89.52 crores in 9M FY25. The company surpassed its full-year FY25 revenue and Adjusted EBITDA within just nine months, demonstrating strong execution and scale efficiencies.
| Parameter: | 9M FY26 | 9M FY25 | YoY Growth |
|---|---|---|---|
| Revenue: | Rs. 152.71 Cr | Rs. 89.52 Cr | 70.6% |
| Adjusted EBITDA: | Rs. 34.30 Cr | Rs. 19.50 Cr | 75.8% |
| PAT: | Rs. 17.06 Cr | Rs. 14.28 Cr | 19.5% |
| Adjusted EBITDA Margin: | 22.5% | 21.8% | 66 bps |
Platform-Wise Performance and AI Innovation
Uniware achieved growth driven by acceleration in new enterprise client acquisitions, adding 110+ enterprise new clients during Q3 FY26. The platform's new products, including UniReco payment reconciliation module and UniCapture VMS, continue to create revenue expansion opportunities among enterprise clients.
Shipway and Convertway posted impressive growth in annualized revenue run-rate to approximately Rs. 100 crores in Q3 FY26. During the quarter, Shipway launched Shipway Cargo for bulky B2B shipments and warehouse transfers, along with a new mobile application for multi-location operations.
AI-First Transformation
The company has been undergoing strategic transformation from AI-enabled to AI-first platforms. During the reporting period, three AI capabilities were launched: Catalyst AI Voice Agent for Convertway, UniBot AI Assistant for Uniware, and ShipSense AI Courier Allocation for Shipway. These innovations enhance product differentiation and expand monetization opportunities.
Leadership and Outlook
Managing Director & CEO Kapil Makhija highlighted the strong performance with consolidated revenue representing an annualized run-rate exceeding Rs. 225 crores and Adjusted EBITDA run-rate of Rs. 53 crores. The company welcomed Gaurav Juneja as Chief Revenue Officer, bringing cross-sector experience from Kapture, Google India, Reliance Retail, and StarQuik.
CFO Anurag Mittal emphasized the company's focus on maintaining cost discipline while delivering sustainable and profitable growth, expecting Uniware to deliver double-digit growth from Q4 FY26 onwards.
Historical Stock Returns for Unicommerce eSolutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.66% | -9.31% | -3.16% | -33.11% | -6.98% | -52.54% |
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