Unicommerce eSolutions Ltd
NSE: UNIECOM BSE: 544227IT / Software
Incorporated in 2012, Unicommerce eSolutions Ltd manages e-commerce operations for brands, sellers, and logistics providers through its SaaS platform[1]
₹85
52W: ₹78.5 — ₹156
PE 33.3 · Book ₹19.9 · +327% vs bookMarket Cap₹956 Cr
Stock P/E33.3Price to Earnings
ROCE24.1%Return on Capital
ROE18.1%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 45.1% CAGR over last 5 years
- +Debtor days have improved from 35.9 to 21.1 days.
- +Company's working capital requirements have reduced from 101 days to 61.5 days
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
Shareholding Pattern
Promoters36.01%
FIIs0.15%
DIIs3.83%
Public60.01%
| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 39.42% | 39.42% | 39.19%▼0.2 | 39.19% | 36.34%▼2.8 | 36.01%▼0.3 | 36.01% |
| FIIs | 2.3% | 0.32%▼2.0 | 0.42%▲0.1 | 0.15%▼0.3 | 0.25%▲0.1 | 0.02%▼0.2 | 0.15%▲0.1 |
| DIIs | 10.28% | 8.07%▼2.2 | 7.51%▼0.6 | 6.12%▼1.4 | 5.68%▼0.4 | 5.47%▼0.2 | 3.83%▼1.6 |
| Public | 47.99% | 52.2%▲4.2 | 52.88%▲0.7 | 54.53%▲1.6 | 57.72%▲3.2 | 58.5%▲0.8 | 60.01%▲1.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.96 | 26.53 | 27.47 | 29.31 | 29.47 | 27.46 | 27.73 | 29.65 | 31.84 | 30.66 |
| Expenses | 21.41 | 22.89 | 23.27 | 23.6 | 21.01 | 19.28 | 19.34 | 20.95 | 21.31 | 20.41 |
| Operating Profit | 4.55 | 3.64 | 4.2 | 5.71 | 8.46 | 8.18 | 8.39 | 8.7 | 10.53 | 10.25 |
| OPM % | 17.53% | 13.72% | 15.29% | 19.48% | 28.71% | 29.79% | 30.26% | 29.34% | 33.07% | 33.43% |
| Net Profit | 3.88 | 2.88 | 3.51 | 4.47 | 6.64 | 7.06 | 6.36 | 6.45 | 8.1 | 7.83 |
| EPS ₹ | 0.66 | 0.49 | 0.6 | 0.44 | 0.65 | 0.68 | 0.62 | 0.58 | 0.72 | 0.7 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹120Cr, up 5.3% YoY. OPM at 32%.
Debt Position
Borrowings at ₹1Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 3.83% (-6.45pp change). FIIs: 0.15% (-2.15pp change). Promoters hold 36.01%.
Margin & Efficiency
ROCE improving from 0% (Mar 2019) to 24% (Mar 2026). Working capital days: 62.
Valuation
PE 33.3x with 24.1% ROCE. Price is 327% above book value of ₹19.9. Dividend yield: 0%.
Recent Announcements
- Compliances-Reg.24(A)-Annual Secretarial Compliance 2d - Unicommerce filed its FY2026 Secretarial Compliance Report on May 14, 2026; no non-compliances reported.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - Unicommerce announced a partnership with Waaree Energies on May 5, 2026 to streamline e-commerce operations.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 May - Unicommerce eSolutions Limited has intimated the exchange about the earnings call transcript for Q4 and FY 26
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 28 Apr - Audio link of Q4 and FY26 analyst/investor conference call uploaded on website.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Intimation of Newspaper Publication for Audited (Standalone and Consolidated) Financial Results for the quarter and financial year ended 31st March 2026
- Financial Year 2025 from bse
- Transcript
- PPT