Shadowfax Technologies' Shares Jump 7% After Raising Revenue Growth Guidance to 38-40%

The shares of this technology-led third-party logistics (3PL) company are focused on enabling digital commerce in India are in the spotlight after it rose by 7 per cent in today’s market session following the company raising its FY27 revenue growth guidance to 38–40% from 27–30%. With a market capitalisation of Rs. 14,237 cr, the shares of were trading at Rs. 243.30 per share, jumping over 7% in today’s session, making a high of Rs. 261.55, up from its previous close of Rs. 243.30 per share. Shadowfax Technologies reported a strong Q1 FY27 performance, with revenue rising 65% YoY to Rs. 1,358 crore from Rs. 824 crore in the corresponding quarter last year. Adjusted EBITDA surged 181% YoY to Rs. 67 crore from Rs. 24 crore, while net profit jumped 716% YoY to Rs. 65 crore from Rs. 8 crore. As a result, earnings per share (EPS) increased 88% YoY to Rs. 1.13, compared to Rs. 0.60 in Q1 FY26. The company has upgraded the FY27 growth outlook for revenues by 38–40% from the previous guidance of 27–30%. This shows that the firm has increased its confidence in its future business environment. Notwithstanding the increased growth forecast, it has kept the same guidance as before for its margins. These improved forecasts are supported by improved visibility in terms of enterprise customers, additions of new customers, and positive demand conditions in the D2C, hyperlocal, and ecommerce logistics businesses. The express parcel business of the company maintained good momentum because of the increase in market share due to industry consolidation, where there was an increasing preference for reliable logistics solutions providers. During the quarter, the business added 716 new pin codes to take its total coverage to 16,372 pin codes in the country. The growth was also helped by Prime Delivery, a same-day and next-day delivery solution that grew at 2.7x YoY and served more than 400 direct-to-consumer (D2C) brands. The company’s recently launched Shadowfax 360 self-service platform onboarded over 1,200 transacting sellers during its first quarter of operations. The Prime Large, the company’s heavy-delivery solution, covered 10,000 pin codes during the quarter to cover the full year FY27 objective and management increased its FY27 objective to 12,000 pin codes. The firm’s quick commerce & hyperlocal business continued posting strong growth with 53% year-on-year growth and 17% sequential growth due to the fast-growing quick commerce market. In the quarter, it added 47 dark stores, making it close to achieving half of its 100-store objective in FY27. According to the management, the quick commerce which is concentrated in verticals such as fashion, beauty, and pets, could make up 20–25% of the total quick commerce market in the long run. The firm also expanded its customer base, with Amazon Now being among its top 10 customers. Manideep is a financial analyst at Trade Brains with over 3+ years of experience in IPOs, equities, and company analysis. He has written 500+ articles and covered the Indian stock market’s opening and closing bells. In addition, he has strong knowledge in the commodity market and delivers actionable insights for investors.