Unicommerce eSolutions (UNIECOM) Q4 25/26 earnings summary

Executive summary

• Achieved 51.6% year-on-year revenue growth in FY26, reaching INR 204.3 crore, and 54.5% growth in adjusted EBITDA to INR 43.9 crore, maintaining the Rule of 40 for SaaS companies.

• Transitioned to a multi-platform, AI-first SaaS company with three integrated platforms: Uniware, Shipway, and Convertway, embedding AI across products and go-to-market strategies.

• Onboarded 450+ enterprise clients in FY26, the highest annual addition to date, with strong adoption of new modules and international business turning profitable.

• Five-year journey saw 5x revenue growth, with FY26 adjusted EBITDA surpassing FY21 revenue, reflecting strong operating leverage and disciplined cost management.

• Net profit attributable to equity holders for FY26 was ₹204.58 million, up from ₹176.21 million in FY25.

Financial highlights

• FY26 revenue: INR 204.3 crore (up from INR 134.8 crore in FY25); adjusted EBITDA: INR 43.9 crore (up from INR 28.4 crore); adjusted EBITDA margin: 21.5%.

• Profit after tax for FY26: INR 20.5 crore, up 16.1% year-on-year; EPS increased from INR 1.58 to INR 1.78.

• Cash and bank balance as of March 31, 2026: INR 81.3 crore, more than double the previous year.

• Q4 FY26 revenue: INR 51.6 crore, up 14% year-on-year; adjusted EBITDA: INR 9.6 crore; PAT: INR 3.4 crore.

• Cash flow from operations for FY26 was ₹47 crore, up from ₹28 crore in FY25.

Outlook and guidance

• Confident of delivering double-digit growth in Uniware and Shipway for FY27 and beyond, with continued investments in AI-first product innovation, sales, marketing, and talent.

• Near-term investments in sales, marketing, AI, and talent will lower EBITDA and PAT in the next two quarters, but full-year FY27 profitability expected to surpass FY26.

• Strategy for FY27 and beyond includes organic growth, selective inorganic expansion, and stringent cost management to sustain profitability.