Shadowfax Targets ₹4,500 Crore Revenue by FY26, Eyes Gradual Margin Improvement
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CNBC TV18•28-01-2026, 15:08
Shadowfax Targets ₹4,500 Crore Revenue by FY26, Eyes Gradual Margin Improvement
- •Shadowfax aims for ₹4,000-4,500 crore revenue in FY26, aligning with analyst expectations.
- •The company expects ₹140-145 crore EBITDA for the year, with margins gradually improving from 2.9% in H1.
- •Value-added services contribute 40-45% of revenue, while quick commerce is projected to grow to 30-40% of business.
- •Shadowfax plans to reduce reliance on its largest client by expanding services to small sellers and D2C brands.
- •The company is exploring acquisitions and investing in large-item and bulky-goods delivery for growth.
Why It Matters: Shadowfax projects significant revenue growth and improved profitability by FY26, driven by diversified services and market expansion.
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