What was Unicommerce eSolutions's revenue in Q3 FY26?

Unicommerce eSolutions reported revenue of ₹56 Cr in Q3 FY26, a +72.2% change year-over-year.

Did Unicommerce eSolutions management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

Unicommerce eSolutions Q3 FY26 Research Workspace: Revenue ₹56 Cr (+72.2%)

Q: What guidance did Unicommerce eSolutions management give?

Uniare double-digit growth from Q4 FY26: Management expects Uniare standalone revenue to grow at a double-digit rate from Q4 FY26 onwards, driven by enterprise additions and new product adoption.

Revenue ₹56 Cr +72.2%

EBITDA ₹13 Cr +51%

PAT ₹7 Cr +18.1%

EBITDA Margin 23.8% -340bps

Duration 64 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Unicommerce delivered a strong Q3 FY26 with consolidated revenue of INR 56.4 Cr (+72.2% YoY) and adjusted EBITDA of INR 13.4 Cr (+51% YoY). Uniare standalone grew 8.1% YoY, absorbing the loss of a top-10 client that discontinued multi-channel operations. Management expects Uniare to return to double-digit growth from Q4 FY26, driven by enterprise additions (110+ per quarter) and new product adoption (35-40% attach rate for B2B/quick commerce modules). Shipway achieved an annualized revenue run rate of ~INR 100 Cr, up from INR 71 Cr in Q1 FY25. The company plans calibrated investments in AI, sales, and marketing for Shipway, which may keep it slightly below break-even in the near term. Key risk: sustained investment in Shipway could delay consolidated margin expansion.

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Focused Modules

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Risk Intelligence

Client churn in longtail segment

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Quarter Snapshot

Annualized Revenue Run Rate INR 225 Cr

+58% YoY

Consolidated annualized revenue run rate exceeded INR 225 Cr in Q3 FY26.

Enterprise Client Additions 110+

+29% YoY

Added over 110 enterprise clients in Q3 FY26, up from ~85 in Q3 FY25.

Quick Commerce Order Items 70M+

+250% YoY

Quick commerce order items processed jumped from 20M in Q4 FY25 to 70M+ in Q3 FY26.

Top 10 Client Revenue Concentration 12%

-7pp YoY

Revenue concentration from top 10 clients declined to 12% from 19% in FY25.

Fast read

Guidance and risk preview

Top guidance Uniare double-digit growth from Q4 FY26

Management expects Uniare standalone revenue to grow at a double-digit rate from Q4 FY26 onwards, driven by enterprise additions and new product ad...

Top risk Client churn in longtail segment

High gross enterprise additions but low net additions indicate significant churn, primarily from longtail clients shutting down or moving away from...