
Unicommerce Reports 70% YoY Growth in Q4 FY25
For Q4 FY25, Unicommerce's consolidated revenue surged 70.6 per cent year-on-year to INR 452.7 million, up from INR 265.3 million in the same quarter last year
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Unicommerce eSolutions Limited has reported robust growth for the fourth quarter and full fiscal year ended March 31, 2025, according to its latest audited regulatory filing. The e-commerce enablement firm posted strong gains across revenue, profitability, and operational metrics, bolstered by strategic acquisitions and expanding cross-platform synergies.
For Q4 FY25, Unicommerce's consolidated revenue surged 70.6 per cent year-on-year to INR 452.7 million, up from INR 265.3 million in the same quarter last year. Adjusted EBITDA nearly doubled to INR 88.8 million, while margins expanded to 19.6 per cent. Profit after tax for the quarter rose 16.4 per cent to INR 33.5 million. For the full fiscal year, the company saw revenue climb 30.1 per cent to INR 1,347.9 million, with PAT growing 34.3 per cent to INR 176.2 million.
"Despite the headwinds, our net revenue retention for Uniware stood at 103 per cent in FY25," said Kapil Makhija, managing director & CEO. He emphasized that the drop from 108 per cent in FY24 was in line with broader e-commerce trends, but noted the company's continued strength in new client acquisition and cross-selling.
Another driver of the company's momentum is the integration of Shipway Technology Pvt. Ltd., which was fully acquired in December 2024. The acquisition contributed to the group's financials for the first time this fiscal and reached adjusted EBITDA break-even in Q4 FY25. "This acquisition aligns perfectly with our vision to be a one-stop shop for e-commerce enablement," Makhija added, pointing to successful cross-platform expansions with brands like Baggit and Zouk.
The company's annual recurring revenue hit INR 1,811 million by the end of FY25, up 70.6 per cent YoY. Anurag Mittal, CFO, highlighted that cash flow from operations improved significantly to INR 279.6 million in FY25. While the cash balance dipped due to the INR 684 million Shipway acquisition, the company remains confident about the long-term value. "We have consistently delivered strong performance over the years and expect to sustain this momentum," he said.
Looking ahead, Unicommerce plans to deepen its product offerings, enhance AI-led tools, and fully leverage synergies across platforms to drive FY26 growth.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Entrepreneur
16 minutes ago
- Entrepreneur
Gadkari Pushes for 5% GST on Crude Ethanol Amid Broader Tax Overhaul
While a large volume of items fall under the 5 per cent category, most of the government's revenue comes from the 18 per cent slab You're reading Entrepreneur India, an international franchise of Entrepreneur Media. As India prepares for a significant revamp of its Goods and Services Tax (GST) system, Union Road Transport Minister Nitin Gadkari has pitched for a steep reduction in the GST on crude ethanol—from 18 per cent to 5 per cent—to support the shift toward flex-fuel vehicles, as per The Times of India report. Currently, ethanol used under the Ethanol Blended Petrol (EBP) Programme enjoys a concessional GST rate of 5 per cent. In contrast, crude ethanol—used in pure ethanol vehicles—is taxed at 18 per cent, a disparity Gadkari warns could derail the broader adoption of cleaner, ethanol-based mobility solutions. "Why will people go for these vehicles if the price of crude ethanol is equal to or more than that of petrol?" Gadkari reportedly said, according to a source cited by TOI. Though over 400 filling stations across the country now supply 100 per cent ethanol, uptake remains limited. Gadkari believes lowering the tax burden on crude ethanol could make flex-fuel vehicles more attractive to consumers, reinforcing India's push for alternative energy in transport and reducing dependence on imported crude. His call comes at a critical juncture, as Finance Minister Nirmala Sitharaman leads the Centre's renewed effort to rationalise the GST framework. The exercise, which includes consultations with state governments, seeks to streamline tax rates, correct classification anomalies, and improve revenue efficiency. This effort follows two earlier attempts by separate Groups of Ministers (GoMs) to address similar concerns—both of which ended without consensus. A third GoM is currently examining the future of cesses, particularly the compensation cess that is scheduled to lapse by March next year. The broader reform could have implications for both industry pricing and state finances. India's GST system, introduced in 2017, includes four main tax slabs—5 per cent, 12 per cent, 18 per cent, and 28 per cent. While a large volume of items fall under the 5 per cent category, most of the government's revenue comes from the 18 per cent slab. Industry bodies have advocated for merging the 12 per cent and 18 per cent brackets into a single 15–16 per cent rate to simplify compliance. However, such changes could result in significant revenue loss and face resistance from state governments concerned about shrinking fiscal space.


Entrepreneur
31 minutes ago
- Entrepreneur
MTR-Eastern Owner Files Papers for IPO, NSDL Gearing for Listing in July
Orkla India, the owner of food brands MTR and Eastern, has submitted preliminary documents with SEBI and the NSDL is reportedly preparing for its much-anticipated initial public offering (IPO) in July 2025. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Orkla India, the owner of food brands MTR and Eastern, has submitted preliminary documents with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) on Tuesday. According to the draft red herring prospectus (DRHP) filed by the company, the public listing will be a complete offer for sale (OFS) of 2.28 crore equity shares. These shares will be sold by the share selling promoters, Orkla Asia Pacific Pte Ltd, including other shareholders Navas Meeran and Feroz Meeran. Because of the nature of the IPO, the company will not raise any funds from the listing, with all the funds raised going to the shareholders selling their shares. As per its equity composition, 10 per cent of the company is equally owned by shareholders Navas Meeran and Feroz Khan, while Orkla Asia Pacific Pte Ltd and its parent company, Norwegian Industrial Group Orkla ASA). Formerly known as MTR Foods, Orkla India is a company with diversified offerings with products including spices, ready-to-eat meals, and breakfast mixes under the brands MTR and Eastern. ICICI Securities, Citigroup Global Markets India, JP Morgan India, and Kotak Mahindra Capital Company will be the book running lead managers (BRLMs) for the IPO. The broader food processing industry in India (including packaged foods) hit INR 30.5 trillion, which is approximately USD 370 billion in 2024, and is expected to reach INR 65.2 trillion by 2033 with a compound annual growth rate (CAGR) of approximately CAGR 8.4% per cent, according to imarc. The packaged food segment itself stood at INR 28 trillion in 2023, projected to rise to INR 61 trillion by 2032 with a CAGR of approximately 9.1 per cent, accorsding to Research and data. NSDL The National Securities Depository (NSDL) is reportedly preparing for its much-anticipated initial public offering (IPO) in July 2025, according to a Bloomberg report citing people familiar with the matter. According to the report, NSDL is aiming to raise close to INR 3421.6 crore (USD 400 million). With the markets regulator SEBI already giving the nod for its public listing last year, the report says processes necessary internally are speeding up. NSDL, being a SEBI-registered market infrastructure institution (MII), has played a key role in the dematerialisation of securities in Indian capital markets. The institution also provides essential electronic infrastructure for the dematerialization process as well as electronic settlement of trades in the Indian securities market. The listing will be a full offer for sale (OFS), with existing shareholders such as DBI Bank, the National Stock Exchange of India (NSE), and State Bank of India (SBI) selling their shares. Since the public listing is fully OFS, NSDL will not raise any funds through the listing. NSDL reported total revenue from operations at INR 1,268.24 crore in FY24, with 37.3 per cent of the said revenue coming from its depository services.


Entrepreneur
2 hours ago
- Entrepreneur
სელფი მობაილი ZEG ფესტივალის პარტნიორია
საავტორო უფლება © 2025 Entrepreneur Media, LLC ყველა უფლება დაცულია. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media LLC