Zinka Logistics Solutions Limited , operating under the brand name BlackBuck, has reported robust financial results for the first quarter of fiscal year 2026, demonstrating strong growth across key metrics.

Financial Highlights

• Total revenue reached INR 160.00 crores, marking a 63% year-on-year growth
• EBITDA surged to INR 40.00 crores, a 4x increase from the same quarter last year
• Profit After Tax (PAT) stood at INR 34.00 crores
• Operating cash flow of INR 63.00 crores, driven by upfront subscription revenue collection

Business Performance

• Core business (payments and telematics) grew 41% to INR 120.00 crores
• Growth businesses, including SuperLoads, expanded 4x to INR 23.00 crores
• Monthly transacting customers increased 14% to 783,000
• Payment Gross Transaction Value (GTV) grew 28% to INR 6,800.00 crores

Operational Metrics

• The company demonstrated 88% operating leverage year-on-year
• Continued investment in new business verticals while maintaining profitability growth

SuperLoads Business Update

The company's SuperLoads business, which transitions from a classified to a transaction marketplace, is currently live in four hubs with plans for expansion. This new vertical is showing promising growth and is expected to contribute significantly to the company's future revenue streams.

Management Commentary

Rajesh Kumar Naidu Yabaji, Chairman, Managing Director, and CEO of Zinka Logistics Solutions Limited, commented on the results during the earnings call: "We had a very good end to the last financial year and a very good beginning as well to the next financial year. Our ability to stick to the hardcore metrics, which I think are the holy grail, is starting to happen from this quarter."

He further added, "Most of our revenues are platform-led like subscription revenues, commission-led revenues. So hence, if you see on the right-hand side, the revenues are largely recurring in nature. So we don't have to really go every quarter and win these revenues, like 90% of these revenues probably would be coming in from what we've already done in the past quarters."

Future Outlook

The company remains optimistic about its growth trajectory, focusing on expanding its core business while scaling up new ventures like SuperLoads. With a strong cash position and recurring revenue model, Zinka Logistics Solutions is well-positioned to capitalize on the growing digitization of the logistics sector in India.

The management has indicated that Q3 and Q4 typically see stronger growth due to seasonality in the logistics industry, suggesting potential for even stronger performance in the latter half of the fiscal year.

As Zinka Logistics Solutions continues to innovate and expand its service offerings, it aims to further solidify its position as a leading player in the Indian logistics technology space.

Shares of Zinka Logistics Solutions , the company behind the digital platform for truck operators, experienced a significant boost in the stock market following the release of its impressive quarterly results. The stock reached a new 52-week high of ₹574.40 and closed 15% higher at ₹560.30, reflecting investor enthusiasm for the company's strong performance.

Robust Financial Performance

Zinka Logistics reported stellar financial results for the quarter:

The company's EBITDA saw a remarkable surge, increasing from ₹8.30 crore in the same period last year to ₹40.40 crore this quarter, representing a 386% year-on-year growth.

Growth Drivers and Platform Metrics

Zinka Logistics attributed its growth to successfully leveraging trucking industry tailwinds and strong execution of its business strategy. The company's digital platform demonstrated solid traction, with the average monthly transacting truck operators increasing by 14% to 783,399.

Stock Performance and Investor Activity

The stock has gained 22% year-to-date, indicating sustained investor confidence in the company's prospects. However, the quarter also saw some changes in the company's shareholding pattern:

• Quickroutes International divested a 9% stake worth ₹692.00 crore at ₹423.00 per share.
• Accel India IV reduced its holding by 1.32%.

Proposed Name Change

In a significant development, the board of Zinka Logistics Solutions has approved a proposal to rename the company to BlackBuck Limited. This change is subject to shareholder and regulatory approvals.

The strong quarterly performance, coupled with the proposed rebranding, signals the company's ambition and growth trajectory in the digital logistics space. As Zinka Logistics continues to capitalize on the evolving trucking industry landscape, investors and market watchers will be keenly observing its future moves and performance.