Shadowfax Technologies LtdNSE:SHADOWFAX
Current view Q4 2026
India's largest last-mile delivery firm for online shopping and quick commerce. Just turned profitable - FY26 profit jumped to Rs 115 crore as market share doubled, but the stock trades at a steep 116 times earnings.
Latest exchange filings last 5 · 5 after Q4 2026
- 10 Sep ’26Allotment of 1,57,314 Equity Shares of Rs. 10/-each to the eligible employees/ESOP holders ↗
- 3 Sep ’26Shadowfax 360 launches channel partner network, targeting 1,000 partners in three years. ↗
- 28 Aug ’26NRC granted 1,00,000 employee stock options at Rs. 10 each, effective September 1, 2026. ↗
- 27 Aug ’26Allotment of 1,69,338 Equity Shares of Rs. 10/- each to the eligible employees/ESOP holders ↗
- 25 Aug ’26Newspaper Advertisement published in connection with Notice of 11th Annual General Meeting and E-Voting information ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +73.7% | +6.6% | +43.7% | +54.5% |
| Operating profit | ▲ +575.0% | +22.7% | +62.4% | +29.8% |
| EPS | ▲ +247.7% | +37.1% | +26.0% | +14.9% |
| PAT | ▲ +660.0% | +60.0% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +73.7%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
No score — no price history. The eight growth columns arrive with the quarter's Excel import; until then a number here would be invented.
How it compares with its rivals Logistics · 6 of 48 listed
It earns 10% on its capital, fifth of 6, and it is the second most expensive of the 6 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Shadowfax Technologies | ₹249 | 86.3× | ₹14,596 Cr | 10.0% | +715.5% | +64.9% |
| Container Corpn. | ₹496 | 30.4× | ₹37,776 Cr | 12.6% | +0.1% | +0.3% |
| Delhivery | ₹428 | 268.8× | ₹32,070 Cr | 1.0% | −65.0% | +27.8% |
| Blue Dart Expres | ₹4,833 | 35.4× | ₹11,470 Cr | 15.8% | +81.2% | +15.0% |
| Transport Corp. | ₹826 | 13.9× | ₹6,350 Cr | 19.4% | −0.8% | +9.6% |
| TVS Supply | ₹135 | 84.2× | ₹5,963 Cr | 10.1% | −84.3% | +28.7% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | yes — a little wider than 18 months earlier | operating margin 3% → 7% over 18 months |
|---|---|---|
| Did the profit turn into cash? | more than all of it — reserves released cash too | 170% last year, 296% over three · free cash flow ₹165 cr, positive in 2 of 4 years |
| Is the growth borrowed? | lightly borrowed | ₹247 cr — 0.14× its own equity (was 0.98×) |
| Is it being collected? | collection is steady | 45 days to collect, down 3 in a year · cash cycle 45 days |
| Who has been buying? | promoter stake unchanged on record | promoters 16.5% · FIIs 8.8% · DIIs 19.1% |
| What does it earn on its capital? | earns little on its capital | ROCE 10.0% · ROE 10.4% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company has reduced debt.
Against it
- Stock is trading at 8.31 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 16.5%
- Tax rate seems low
- Company has a low return on equity of 6.94% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.