Black Buck Share News - Latest Updates, Live News & More

More news about Black Buck

Morgan Stanley Maintains Equal-Weight Rating on BlackBuck with ₹653 Price Target

Morgan Stanley has maintained an 'Equal-weight' rating on BlackBuck, a logistics company, with a price target of ₹653. This rating suggests that the investment bank views BlackBuck's stock as fairly valued at current market levels, expecting it to perform in line with the broader market or sector average.

19Nov 25

BlackBuck Promoter Rajesh Kumar Naidu Yabaji Reduces Stake by Selling 20 Lakh Shares

Rajesh Kumar Naidu Yabaji, Promoter and CEO of Black Buck, sold 20,00,000 shares in an open market transaction on November 18, 2025. This reduced his shareholding from 11.81% to 10.70% of total voting capital and from 11.58% to 10.50% of total diluted share capital. The sale represents a decrease of 1.11% in voting rights and 1.08% in diluted share capital.

19Nov 25

Accel Funds Reduce Stake in BlackBuck, Selling 4.3 Million Shares

Accel India IV (Mauritius) Limited and Accel Growth Fund V LP have reduced their combined stake in BlackBuck Limited from 10.60% to 8.23% through open market transactions between September and November 2025. They sold a total of 4,297,129 equity shares, with Accel Growth Fund V LP completely exiting its position. The transactions were conducted in compliance with SEBI regulations.

08Nov 25

BlackBuck Reports 61% Revenue Growth in Q2 FY26, Expands Super Loads Business

BlackBuck, a digital freight and fleet management platform, reported impressive Q2 FY26 financial results. Total income rose 61% YoY to ₹167.00 crores, with net revenue from operations up 53% to ₹151.00 crores. Adjusted EBITDA grew 143% to ₹37.00 crores, and net profit reached ₹29.20 crores. The company's core business grew 37% YoY, while growth businesses saw a 226% sequential increase. BlackBuck's transacting customer base expanded to 800,000, and Payment GTV hit ₹6,800.00 crores. The company plans to expand its Super Loads business from 4 to 14-15 hubs in the next six months. BlackBuck maintains a strong market position, with nearly 50% share in tolling and over 90% in digitized loads.

07Nov 25

BlackBuck's National Sales Head Chandra Prakash Resigns, Effective January 2026

Chandra Prakash, National Sales Head and Senior Management Personnel at BlackBuck, has resigned citing personal commitments. He will serve a notice period until January 31, 2026. The company announced this in a regulatory filing, complying with SEBI regulations. BlackBuck has not commented on the immediate impact or replacement plans.

06Nov 25

BlackBuck Reports Strong Q2 Turnaround with 305 Million Rupees Net Profit

BlackBuck, a logistics technology platform, reported a net profit of 305.00 million rupees in Q2 FY2026, turning around from a 2,690.00 million rupee loss last year. Revenue increased by 52.66% to 1,490.00 million rupees. EBITDA rose to 371.20 million rupees with a margin of 24.91%. The company saw growth in transacting customers, multi-service users, and daily app usage. Core businesses grew by 36.68% year-over-year, while growth businesses expanded by 226.13%. BlackBuck plans to focus on market share expansion, leverage industry tailwinds, and scale up new ventures like Superloads.

05Nov 25

BlackBuck Limited Reports No Deviation in IPO Proceeds Utilization for Q2 FY2026

BlackBuck, formerly Zinka Logistics Solutions, confirms adherence to IPO objectives in Q2 FY2026. The company raised Rs. 550 crore in November 2024, allocating funds for sales and marketing, NBFC subsidiary investment, product development, and general corporate purposes. As of September 30, 2025, Rs. 121.19 crore has been utilized for general corporate purposes. ICRA Limited, the monitoring agency, verified the alignment of fund utilization with stated objectives. BlackBuck's Q2 FY2026 results show total income of Rs. 167.20 crore (60.35% YoY growth), EBITDA of Rs. 36.52 crore (142.84% YoY growth), and PAT of Rs. 29.20 crore. Core businesses grew by 36.68% YoY, while growth businesses expanded by 226.13% YoY.

05Nov 25

BlackBuck Limited Reports Robust Q2 FY26 Results with 60% Revenue Growth

BlackBuck Limited announced impressive Q2 FY26 results, with total income rising 60.35% YoY to ₹1,671.99 crore. Revenue from operations increased to ₹1,511.40 crore, up 53.02% YoY. EBITDA grew 142.84% to ₹365.20 crore, with margin improving from 19.4% to 31.4%. The company reported a profit after tax of ₹291.95 crore, compared to a loss in the previous year. Core businesses grew by 36.68%, while growth businesses like 'Superloads' and 'Vehicle Finance' surged 226.13% YoY. Key performance indicators showed positive trends, including a 13.22% increase in monthly transacting truck operators and a 28.65% rise in gross transaction value of payments.

05Nov 25

BlackBuck Approves Stock Option Grants Equivalent to 2.67 Lakh Equity Shares

BlackBuck's Nomination and Remuneration Committee has approved stock options equivalent to 2,66,731 equity shares under ESOP 2016 and ESOP 2019 schemes. The options have an exercise price of ₹1 per share, with a 25% vesting schedule over 4 years. ESOP 2016 offers a 1:1 conversion ratio, while ESOP 2019 has a 1000:1 ratio. The shares will not be subject to any lock-in period upon exercise. This move aims to incentivize employees and align their interests with the company's growth.

18Sept 25

Karnataka Deputy CM Addresses BlackBuck's Bengaluru Exit Over Infrastructure Woes

Logistics platform Zinka Logistics Solutions (BlackBuck) announced relocation from Bengaluru due to severe infrastructure problems. Karnataka's Deputy CM DK Shivakumar responded, acknowledging challenges but asserting no company would ultimately leave. Government initiatives include establishing a dedicated corporation for infrastructure issues, plans to bring affected areas under city jurisdiction, and ongoing road repairs with strict deadlines. The situation highlights Bengaluru's growing pains as a tech hub.

17Sept 25

BlackBuck Exits Bengaluru Office Amid Infrastructure Woes, Vizag Extends Relocation Offer

Zinka Logistics Solutions, operating the digital trucking platform BlackBuck, is relocating from its Bellandur office in Bengaluru after nine years due to severe infrastructure problems. The company cited issues such as potholed roads, excessive dust, and long employee commute times as reasons for the move. This decision has sparked discussions about Bengaluru's urban infrastructure challenges, with industry leaders calling for urgent government action. In response, Andhra Pradesh Minister Lokesh Nara has invited BlackBuck to consider relocating to Vizag, highlighting the city's cleanliness and ongoing infrastructure projects.

01Sept 25

Goldman Sachs Affiliate Offloads 2.74% Stake in Zinka Logistics for ₹295 Crore

GSAM Holdings LLC, a Goldman Sachs affiliate, has sold a 2.74% stake in Zinka Logistics Solutions for ₹294.75 crore on the BSE. The sale involved 49.09 lakh shares at ₹600.32 per share. Simultaneously, Nomura India Investment Fund Mother Fund acquired a 2.3% stake for ₹246.90 crore, increasing its total holding from 1.64% to 3.94%. Zinka Logistics' shares closed at ₹635.05, down 0.23% following the transactions.

08Aug 25

Zinka Logistics Solutions Reports 63% Revenue Surge and 4x EBITDA Growth in Q1 FY26

Zinka Logistics Solutions Limited (BlackBuck) reported robust Q1 FY2026 results. Total revenue reached INR 160.00 crores, up 63% YoY. EBITDA increased 4x to INR 40.00 crores, with PAT at INR 34.00 crores. Core business grew 41% to INR 120.00 crores, while growth businesses expanded 4x to INR 23.00 crores. Monthly transacting customers rose 14% to 783,000. The company demonstrated 88% operating leverage YoY and maintains a positive outlook for future growth, particularly in its SuperLoads business.

06Aug 25

Zinka Logistics Shares Surge 15% on Strong Q1 Results, Hit 52-Week High

Zinka Logistics Solutions, the company behind a digital platform for truck operators, saw its shares surge to a 52-week high of ₹574.40, closing 15% higher at ₹560.30 following impressive Q1 results. The company reported a 55% YoY revenue growth to ₹143.60 crore, 4% increase in net profit to ₹33.70 crore, and a 386% jump in EBITDA to ₹40.40 crore. The average monthly transacting truck operators on its platform grew by 14% to 783,399. The board has approved a proposal to rename the company to BlackBuck Limited, subject to approvals. Despite the positive performance, there were changes in shareholding with Quickroutes International divesting a 9% stake and Accel India IV reducing its holding by 1.32%.

05Aug 25

BlackBuck Reports Strong Q1 Results and IPO Proceeds Utilization

Zinka Logistics Solutions Limited (BlackBuck) released Q1 financial results showing significant growth. Total income increased 62.27% YoY to ₹159.56 crore, EBITDA rose 383.35% to ₹40.40 crore, and PAT reached ₹33.70 crore. Operational metrics improved with transacting customers up 13.87% to 783,399. The company has utilized ₹201.81 crore of its ₹550.00 crore IPO proceeds, with the remaining funds deployed in fixed deposits. BlackBuck's two main segments, truck operator services and lending business, reported revenues of ₹1,410.42 crore and ₹26.79 crore respectively. The company plans to change its name from Zinka Logistics Solutions Limited to BlackBuck Limited, subject to approvals.

05Aug 25

Zinka Logistics Solutions Reports Strong Q1 Results, Plans Name Change to BlackBuck

Zinka Logistics Solutions Limited reported impressive Q1 financial results with revenue from operations increasing by 55.8% to Rs 1,436.10 crore. The company turned profitable with Rs 336.96 crore profit compared to a loss in the previous year. The Board approved a name change to BlackBuck Limited, subject to shareholder approval. The company's performance was driven by strong growth in Truck Operator Services and Lending Business segments. Other key updates include the scheduling of the 10th Annual General Meeting and appointment of new Statutory Auditors.

01Aug 25

Zinka Logistics Solutions (BlackBuck) Secures IRDAI License as Corporate Agent

Zinka Logistics Solutions Limited (BlackBuck) has received a certificate of registration from IRDAI to operate as a Corporate Agent (Composite). The license is valid for three years from July 31, 2025, to July 30, 2028. This strategic move allows BlackBuck to expand into the insurance sector, potentially offering a wider range of services to its logistics clients.

03Jun 25

Peak XV Partners Offloads Rs 302 Crore Stake in Zinka Logistics

Peak XV Partners sold 12.1 lakh shares of Zinka Logistics (BlackBuck) for Rs 302 crore at Rs 444.71 per share. New investors ADIA, ICICI Prudential Mutual Fund, and MIT acquired stakes at Rs 420 per share, marking a significant ownership shift in the logistics technology company.

03Jun 25

Zinka Logistics Solutions: Major Block Deal Sees 9.22% Equity Traded

A block deal involving 1.63 crore shares (9.22% equity) of Zinka Logistics Solutions occurred at ₹423.00 per share, totaling ₹692.00 crore. The company's stock price fell 1.98% to ₹429.00 following the transaction. Quickroutes International, previously holding a 9.01% stake, was speculated to be the seller, though official confirmation is pending.

03Jun 25

Quickroutes International to Offload 9% Stake in Zinka Logistics for Rs 647 Crore

Quickroutes International plans to divest its entire 9% stake in Zinka Logistics Solutions, aiming to raise approximately Rs 647.00 crore. The sale will be conducted on NSE and BSE with a floor price of Rs 405.00 per share, representing a 7.5% discount to Monday's closing price. IIFL Capital Services has been appointed as the bookrunner for this transaction.

02Jun 25

Quickroutes International to Offload 9% Stake in Zinka Logistics for ₹647 Crore

Quickroutes International plans to divest a 9% stake in Zinka Logistics Solutions Ltd through a block deal. The stake sale is expected to generate approximately ₹647.00 crore, with a floor price set at ₹405.00 per share. This transaction represents a significant move in the logistics sector and may impact Zinka Logistics' ownership structure.

02Jun 25

QuickRoutes International to Offload 9% Stake in Zinka Logistics for ₹647 Crore

QuickRoutes International plans to divest a 9% stake in Zinka Logistics, aiming to raise approximately ₹647.00 crore. The company has set a floor price of ₹405.00 per share for the transaction.

28May 25

Zinka Logistics Q4: Revenue Grows 30.7% YoY, EBITDA Margin Improves Significantly

Zinka Logistics Solutions reported impressive Q4 results, with revenue reaching Rs 1.20 billion, up 30.7% YoY and 6.9% QoQ. The company's adjusted EBITDA was Rs 388.00 million, with EBITDA margin expanding to 31.8% from 11.2% YoY. Profit After Tax stood at Rs 2.90 million, including a deferred tax impact. ICICI Securities maintained a Buy rating on the stock.

27May 25

Zinka Logistics Solutions Swings to Profit in Q4, Revenue Surges

Zinka Logistics Solutions achieved a significant financial turnaround in Q4. Revenue increased by 30.87% year-over-year to ₹1.22 billion. The company reported a consolidated net profit of ₹2.80 billion, a stark contrast to the ₹907.50 million loss in the same quarter last year. Profit before tax improved to ₹415.80 million from a loss of ₹875.50 million in the previous year. An exceptional item loss of ₹7.83 million was reported but did not significantly impact the overall positive results.

25Mar 25

BlackBuck Limited Invests ₹100 Crore in Blackbuck Finserve Through Rights Issue

BlackBuck Limited has invested ₹100 crore in its wholly-owned subsidiary Blackbuck Finserve Private Limited through a rights issue, subscribing to 66.66 lakh equity shares at ₹150 per share. The investment, disclosed on December 15, 2025, aligns with the company's IPO objectives to augment BFPL's capital base for long-term growth in vehicle financing sector.

24Mar 25

Zinka Logistics Solutions Injects ₹40 Crore into BlackBuck Finserve, Strengthening Its Financial Services Arm

Zinka Logistics Solutions, parent company of BlackBuck, has invested ₹40 crore in its wholly-owned subsidiary, BlackBuck Finserve Private Limited (BFPL), through a rights issue. The investment involves subscribing to 50,00,000 equity shares at ₹80 per share. This move aligns with the company's IPO objectives and aims to strengthen BFPL's position in the vehicle financing sector. BFPL, incorporated in 2019, specializes in financing various assets and has shown growth with a turnover of ₹1.24 crore in FY 2023-24.

13Mar 25

Tax Authorities Conduct Search at BlackBuck's Office; Company Reports No Disruption to Operations

BlackBuck, operating as Zinka Logistics Solutions Limited, experienced a tax authority search at its Bengaluru office on March 11, 2025. The inspection, conducted by the Assistant Commissioner of Commercial Taxes, focused on GST taxation and examined various records. BlackBuck assured stakeholders that normal business operations were not impacted and promptly disclosed the event to stock exchanges in compliance with SEBI regulations. The day after the inspection, the company allotted 191,833 equity shares to employees under its stock option schemes, increasing its total issued share capital to ₹17,74,06,667.

12Mar 25

Tax Authorities Conduct Search at BlackBuck's Office; Company Reports No Disruption to Operations

Zinka Logistics Solutions Limited (BlackBuck) faced a tax inspection at its Bengaluru office on March 11, 2025, conducted by the Assistant Commissioner of Commercial Taxes. The inspection, under the Karnataka and Central GST Acts, did not disrupt normal operations. BlackBuck promptly disclosed the event to stock exchanges and assured stakeholders of business continuity. The company also announced the allotment of 191,833 equity shares to employees under its stock option schemes on March 12, 2025.

Black Buck

606.40

-15.45

(-2.48%)

1 Year Returns:+41.11%

Industry Peers