Price
Financials
Standalone, Rs crore| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 701 | 694 | 796 | 950 | 1,128 | 1,206 | 1,324 |
| Expenses | 680 | 683 | 770 | 915 | 1,063 | 1,127 | 1,234 |
| Operating Profit | 21 | 11 | 26 | 35 | 65 | 79 | 90 |
| OPM % | 3.0% | 1.6% | 3.3% | 3.7% | 6% | 7% | 7% |
| Other Income | 6 | 7 | 8 | 6 | 6 | 16 | 21 |
| Interest | 3 | 5 | 3 | 3 | 5 | 6 | 7 |
| Depreciation | 17 | 23 | 22 | 24 | 30 | 33 | 37 |
| Profit before tax | 6 | -10 | 9 | 14 | 37 | 55 | 66 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 6 | -10 | 9 | 14 | 37 | 55 | 66 |
| EPS in Rs | 268.61 | -0.66 | 0.60 | 0.94 | 0.73 | 0.95 | 1.13 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 323 | 464 | 991 | 1,415 | 1,885 | 2,467 | 4,080 | 4,608 |
| Expenses | 413 | 609 | 1,143 | 1,523 | 1,866 | 2,405 | 3,866 | 4,339 |
| Operating Profit | -90 | -145 | -152 | -107 | 19 | 62 | 214 | 269 |
| OPM % | -28% | -31% | -15% | -8% | 1.0% | 2.5% | 5% | 6% |
| Other Income | 10 | 24 | 7 | 8 | 12 | 30 | 37 | 49 |
| Interest | 2 | 2 | 9 | 19 | 14 | 21 | 27 | 22 |
| Depreciation | 5 | 10 | 21 | 24 | 28 | 64 | 108 | 124 |
| Profit before tax | -87 | -133 | -176 | -143 | -12 | 6 | 115 | 172 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | -87 | -133 | -176 | -143 | -12 | 6 | 115 | 172 |
| EPS in Rs | -3,770.03 | -5,787.46 | -7,637.47 | -6,185.60 | -493.97 | 0.41 | 1.98 | 3.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 54% | 42% | 65% | ||
| Compounded Profit Growth | % | 22% | 41% | 1755% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | -11% | 7% | 11% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.23 | 0.23 | 0.23 | 0.23 | 0.24 | 152 | 582 |
| Reserves | 405 | 296 | 152 | 171 | 172 | 248 | 1,166 |
| Borrowings | 6 | 10 | 98 | 66 | 289 | 383 | 234 |
| Other Liabilities | 58 | 132 | 201 | 206 | 324 | 426 | 806 |
| Total Liabilities | 468 | 439 | 452 | 443 | 786 | 1,209 | 2,788 |
| Fixed Assets | 20 | 50 | 60 | 83 | 118 | 262 | 520 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 290 | 169 | 58 | 60 | 312 | 374 | 405 |
| Other Assets | 158 | 219 | 334 | 300 | 356 | 573 | 1,863 |
| Total Assets | 468 | 439 | 452 | 443 | 786 | 1,209 | 2,788 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -106 | -113 | -132 | -73 | 132 | 50 | 342 |
| Cash from Investing Activity | -244 | 122 | 130 | -40 | -311 | -128 | -1,087 |
| Cash from Financing Activity | 367 | -0 | 72 | 90 | 200 | 132 | 870 |
| Net Cash Flow | 17 | 9 | 69 | -23 | 20 | 53 | 126 |
| Free Cash Flow | -115 | -133 | -163 | -120 | 78 | -34 | 158 |
| CFO/OP | 112% | 77% | 76% | 65% | 660% | 58% | 172% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 41 | 26 | 40 | 36 | 46 | 45 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 49 | 41 | 26 | 40 | 36 | 46 | 45 |
| Working Capital Days | 17 | -4 | -23 | -15 | -27 | -15 | -24 |
| ROCE % | -43% | -61% | -53% | 1% | 4% | 10% |
| Mar 2026 | Jun 2026 | |
|---|---|---|
| Promoters | 16.59% | 16.51% |
| FIIs | 7.65% | 8.78% |
| DIIs | 20.64% | 19.10% |
| Public | 55.12% | 55.62% |
| No. of Shareholders | 78,607 | 67,373 |
Fundamentals
Market Cap₹ 16,484 Cr.
Current Price₹ 281
Stock P/E95.7
Book Value₹ 30.0
ROCE10.3 %
ROE10.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)65%
Compounded Profit Growth (TTM)1755%
Standalone figures.
Valuation
Market capRs 16,032 Cr
Enterprise valueRs 16,012 Cr
P/E (TTM)811.76x
Price to book93.52x
Price to sales5.10x
EV / EBITDA133.22x
EV / EBIT458.53x
EV / sales5.10x
Earnings yield0.12%
Profitability
Operating margin (excl. other income)-7.59%
Operating margin (incl. other income)-7.04%
EBITDA margin3.83%
Pre-tax margin0.63%
Net profit margin0.63%
Net margin, latest quarter1.50%
ROE-88.06%
ROCE-50.69%
ROA-31.89%
ROE, 3-year average-68.18%
ROCE, 3-year average-49.05%
ROA, 3-year average-33.58%
ROIC (approx.)23.15%
Other income / net worth4.53%
Growth
Sales growth (latest year)42.84%
Sales CAGR, 3 years63.66%
Sales growth QoQ19.42%
Profit growth QoQ55.69%
Per share
EPS (TTM)Rs 0.34
EPS (latest year)Rs -6,185.33
EPS (latest quarter)Rs 0.24
EPS, 3-year averageRs -6,536.31
Book value per shareRs 2.92
Sales per shareRs 53.52
Cash flow per shareRs -1.24
Free cash flow per shareRs 2.69
Efficiency
Asset turnover3.20x
Fixed asset turnover16.99x
Debtor days40 days
Debtors turnover9.01x
Cash conversion cycle45 days
Working capital days-24 days
Leverage
Total debtRs 66 Cr
Cash and bankRs 86 Cr
Net debtRs -21 Cr
Debt to equity0.38x
Net debt / EBITDA-0.17x
Interest coverage2.30x
Current ratio (filing 2026-03-31)1.89x
Quick ratio (filing 2026-03-31)1.89x
Trade payables (filing 2026-03-31)Rs 362 Cr
Owners' fund to total sources38.72%
Debt to assets14.82%
Cash flow
Cash from Operating Activity (latest year)Rs -73 Cr
Cash from Investing Activity (latest year)Rs -40 Cr
Cash from Financing Activity (latest year)Rs 90 Cr
Net Cash Flow (latest year)Rs -23 Cr
Free cash flow (latest year)Rs 158 Cr
FCFE (approx.: FCF + change in debt)Rs 125 Cr
Statement figures
Net sales (TTM)Rs 3,142 Cr
Net sales (latest year)Rs 1,415 Cr
Sales (latest quarter)Rs 950 Cr
Operating profit excl. other income (latest year)Rs -107 Cr
Operating profit (latest quarter)Rs 35 Cr
Other income (TTM)Rs 27 Cr
EBITDA (TTM)Rs 120 Cr
PBDT (TTM)Rs 105 Cr
Profit before tax (TTM)Rs 20 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs -143 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 85 Cr
Depreciation (latest quarter)Rs 24 Cr
Interest (TTM)Rs 15 Cr
Cost of goods sold (latest year)Rs 24 Cr
Total expenditure (latest year)Rs 1,523 Cr
Total income (latest year)Rs 1,423 Cr
Share capitalRs 0 Cr
ReservesRs 171 Cr
Shareholders' fundsRs 171 Cr
Total assetsRs 443 Cr
Net blockRs 83 Cr
InvestmentsRs 60 Cr
ReceivablesRs 157 Cr
Other liabilitiesRs 206 Cr
Shares outstanding (crore)58.69
Ownership
Promoter holding16.51%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SHADOWFAX | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.4% | -2.8% | -1.6 pts |
| 1 month | +6.2% | -6.8% | +13.0 pts |
| 3 months | +21.2% | -7.6% | +28.8 pts |
| 6 months | +137.8% | +0.4% | +137.4 pts |
64 mutual fund schemes hold about ₹3,580 Cr.
Over three months 42 bought more and 22 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| ICICI Pru Flexi Cap Fund | 1.64% | 425 | -15% |
| ICICI Pru Small Cap Fund | 3.85% | 379 | +41% |
| ICICI Pru Small Cap Fund | 3.85% | 367 | +41% |
| Nippon India Small Cap Fund | 0.42% | 347 | -10% |
| ICICI Pru Balanced Advantage Fund(M | 0.36% | 269 | -9% |
| HSBC Midcap Fund | 1.44% | 247 | +100% |
| Motilal Oswal Multi Cap Fund | 2.76% | 129 | +81% |
| Bandhan Large & Mid Cap Fund | 0.53% | 111 | -11% |
| ICICI Pru Transportation and Logistics Fund | 2.20% | 90 | +34% |
| Motilal Oswal Small Cap Fund | 1.11% | 90 | +5% |
| Kotak Small Cap Fund | 0.43% | 85 | +100% |
| HSBC Focused Fund | 3.65% | 67 | -28% |
| TRUSTMF Small Cap Fund | 2.01% | 57 | -8% |
| Motilal Oswal Focused Fund | 3.06% | 56 | +16% |
| ICICI Pru Aggressive Hybrid Fund(A | 0.11% | 56 | +100% |
| JM Flexi Cap Fund | 1.03% | 53 | +48% |
| ICICI Pru ELSS-Tax Saver Fund | 0.31% | 45 | +100% |
| iSIF Equity Ex-Top 100 Long-Short Fund | 1.71% | 42 | +81% |
| Union Flexi Cap Fund | 1.60% | 39 | +100% |
| ICICI Pru Exports & Services Fund | 2.27% | 35 | -10% |
| Franklin Build India Fund | 1.10% | 35 | +15% |
| ICICI Pru Exports & Services Fund | 2.27% | 34 | -10% |
| Helios Small Cap Fund | 2.23% | 32 | -7% |
| Nippon India Power & Infra Fund | 0.40% | 32 | +28% |
| ITI Small Cap Fund | 0.85% | 31 | +100% |
Red flags
F-score 6 of 8| explain | Receivables outrunning sales Receivables grew 126% vs sales +43% in 2026 |
| look | Repeated losses Net loss in each of the last two years |
| look | Auditor change Auditor change 2026-09-18: Shadowfax Technologies Limited has informed the Exchange regarding Change in Auditors of the company. |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,324 Cr +66.3% vs Jun 2025.
Net profit ₹66 Cr +633.3%.
Activity
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| Allcargo Logistics Ltd | 1,580 | 34.4 | 4.83 % |
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No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 100perc in previous 365 daysClose to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsScrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Shadowfax Technologies Ltd?
Shadowfax Technologies Ltd (SHADOWFAX) has a market capitalisation of Rs 16,484 Cr. at the 2026-10-01 close.
What is the P/E ratio of Shadowfax Technologies Ltd?
Shadowfax Technologies Ltd trades at a P/E of 95.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Shadowfax Technologies Ltd's latest quarterly results?
In the Jun 2026 quarter, Shadowfax Technologies Ltd sales was Rs 1,324 Cr (+66.3% vs Jun 2025) and net profit was Rs 66 Cr.
What is the 52-week high and low of Shadowfax Technologies Ltd?
The 52-week high is Rs 292.20 and the 52-week low is Rs 98.55.