Latest news with #ZinkaLogisticsSolutions
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Business Standard
12 hours ago
- Business
- Business Standard
Zinka Logistics hits new high, zooms 133% against issue price in 9 months
Zinka Logistics Solutions share price today Zinka Logistics Solutions (Zinka) shares hit a new high of ₹637 on the BSE today, surging 9 per cent in Thursday's intraday trade. The stock price of the transport-related services provider surpassed its previous high of ₹594.60, which it had touched on August 19, 2025. Zinka's app, Blackbuck, is India's largest digital platform for truck operators, providing services related to tolling and fuelling, monitoring vehicles using telematics, marketplace for loads and used vehicles, and financing purchase of used vehicles. In the past one month, Zinka shares have outperformed the market by soaring 48 per cent as compared to 0.15 per cent decline in the BSE Sensex. Currently, the stock is trading 133 per cent higher against its issue price of ₹273 per share. The company made its stock market debut on November 22, 2024. At 01:46 PM, the stock price of Zinka Logistics was trading 4 per cent higher at ₹610.15, as against 0.26 per cent rise in the benchmark index. A combined 5.65 million equity shares, representing 3.2 per cent of total equity of the company, has, so far, changed hands on the NSE and BSE. Zinka Logistics Q1 results In the April to June 2025 quarter (Q1FY26), Zinka reported a strong operational performance with adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda) growing 290 per cent year-on-year (Y-o-Y) from ₹12.10 crore in Q1FY25 to ₹47.21 crore in Q1FY26. Adjusted Ebitda margins expanded to 35.8 per cent from 13.1 per cent a year ago. Net revenues grew 43.06 per cent Y-o-Y at ₹131.85 crore, against ₹92.17 crore in Q1FY25. The company said the profitability of the business continues to expand, driven by strong operating leverage in the core businesses, while at the same time with strong expansion in new business areas. Zinka Logistics Solutions Share Outlook Zinka's digital platform empowers India's truck operators, helping them manage their business and grow their income. Using the platform, truck operators digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads on the marketplace and get access to financing for the purchase of used vehicles. In addition, its large, omnichannel distribution network and multi-pronged approach help the company to reach, onboard and serve a wide base of truck operators nationwide. The Indian trucking industry is expected to benefit from increased consumer consumption levels, which will, in turn, raise demand for goods transportation. Aligned with the Viksit Bharat@2047 vision, the Indian Government has allocated ₹11.21 trillion for the infrastructure sector, which will support growth in the domestic truck industry by expanding road networks. India's manufacturing sector is projected to grow at a compounded annual growth rate (CAGR) of 9.11 per cent from 2025-2030. This is expected to drive truck demand by increasing vehicle production and the need for transportation of raw materials, Zinka said in its FY25 annual report. "With the average monthly transacting truck operators on Blackbuck increasing at a compounded annual growth rate (CAGR) of 40.3 per cent to 7.21 lakh over FY2022-FY2025, it is estimated to cover approximately 20 per cent of the truck operators in the country. Further, with its expansive network of channel partners/employees covering 10,000+ touch points across 80 per cent of India's districts and 76 per cent of toll plaza network, the prospects for expansion of its customer base remain strong," rating agency Icra said in its rating rationale.
Business Standard
06-08-2025
- Business
- Business Standard
Smallcap stock hits record high; up 109% against issue price. Do you own?
Shares of Zinka Logistics Solutions (Zinka) hit an all-time high of ₹569.90, as they rallied 18 per cent on the BSE in Wednesday's intra-day trade in an otherwise weak broader market. The stock surpassed its previous high of ₹548 touched on December 27, 2024. Zinka's app, Blackbuck, is India's largest digital platform for truck operators, providing services related to tolling and fuelling, monitoring vehicles using telematics, a marketplace for loads and used vehicles, and financing the purchase of used vehicles. At 12:13 PM, Zinka quoted 11 per cent higher at ₹535.90 on the back of a nearly 10-fold jump in average trading volumes. A combined 10.66 million equity shares have changed hands on the NSE and BSE. In comparison, the BSE Sensex was down 0.15 per cent, while the BSE Midcap and BSE Smallcap indices were down 0.73 per cent and 1.1 per cent, respectively. With today's rally, the stock price of Zinka is trading 109 per cent above its issue price of ₹273 per share. It bounced back 130 per cent from its 52-week low level of ₹248.25, which it had touched on November 27, 2024. The company made its stock market debut on November 22, 2024. Track LIVE Stock Market Updates Here Zinka Logistics Solutions Q1 results In April to June 2025 quarter (Q1FY26), Zinka has reported a strong operational performance with adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda) growing 290 per cent year-on-year (Y-o-Y) from ₹12.10 crore in Q1FY25 to ₹47.21 crore in Q1FY26. Adjusted Ebitda margins expanded to 35.8 per cent from 13.1 per cent in the year-ago quarter. Net revenues grew 43.06 per cent Y-o-Y at ₹131.85 crore, against ₹92.17 crore in Q1FY25. The company said the profitability of the business continues to expand, driven by strong operating leverage in the core businesses, while at the same time with strong expansion in new business areas. The core businesses were growing at 40.62 per cent, leveraging the tailwinds of the trucking industry and strong execution excellence. The growth businesses grew strongly by 251.52 per cent, led by the launch of 'SuperLoads' business, which is the evolution of the marketplace loads business from classifieds to transactions, the company said. ICRA's view on Zinka Logistics Solutions ICRA, the rating agency, on June 24, 2025, has upgraded the short-term rating of Zinka, which factors in the improvement in its business and financial risk profiles and expectation that the same will be sustained, going forward. ICRA expects Zinka to generate healthy accruals, going forward, while maintaining a comfortable capital structure as the residual business in the company is the profitable technology-focused service platform with minimal working capital requirement. With the average monthly transacting truck operators on Blackbuck increasing at a compounded annual growth rate (CAGR) of 40.3 per cent to 7.21 lakh over FY2022-FY2025, it is estimated to cover approximately 20 per cent of the truck operators in the country. Further, with its expansive network of channel partners/employees covering over 10,000 touch points across 80 per cent of India's districts and 76 per cent of the toll plaza network, the prospects for expansion of its customer base remain strong, ICRA said in the rating rationale.
Time of India
05-08-2025
- Business
- Time of India
BlackBuck Q1 revenue up 56% to Rs 144 cr
BENGALURU: Trucking platform BlackBuck reported a 56% year-on-year rise in revenue from operations to Rs 144 crore for the June quarter, driven by strong growth in both its core payments and telematics business and newer segments such as SuperLoads. Tired of too many ads? go ad free now Net profit came in at Rs 33.7 crore, up from Rs 28.7 crore a year earlier. Total income grew 62% to Rs 160 crore, while adjusted Ebitda surged nearly three times to Rs 47.2 crore, translating into a margin of 35.8% compared to 13.1% in the year-ago period. The company attributed the improvement to operating leverage and expansion in newer business lines. The core payments and telematics segment, which forms the bulk of BlackBuck's revenue, grew 41% year-on-year to Rs 120 crore. Growth businesses, including SuperLoads, rose over 250% to Rs 23 crore. BlackBuck also saw a 28% jump in gross transaction value of payments to Rs 6,847 crore, with the number of transacting truck operators rising 14% to 7.8 lakh. 'Our core platform continues to compound while our growth businesses are scaling rapidly,' the company said in its earnings presentation. 'Operating leverage is driving sustained profitability, while customer engagement metrics such as daily app usage and multi-service adoption are trending up.' The company, which recently completed its IPO and is in the process of rebranding from Zinka Logistics Solutions to BlackBuck Limited, said it will continue investing in its platform and expanding its physical touchpoints, which now exceed 10,000 across 80% of India's districts. Stay informed with the latest business news, updates on bank holidays and public holidays.
Business Standard
05-08-2025
- Business
- Business Standard
Zinka Logistics Solutions consolidated net profit rises 17.54% in the June 2025 quarter
Sales rise 55.81% to Rs 143.61 crore Net profit of Zinka Logistics Solutions rose 17.54% to Rs 33.70 crore in the quarter ended June 2025 as against Rs 28.67 crore during the previous quarter ended June 2024. Sales rose 55.81% to Rs 143.61 crore in the quarter ended June 2025 as against Rs 92.17 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 143.6192.17 56 OPM % 28.169.07 - PBDT 55.0613.76 300 PBT 45.746.81 572 NP 33.7028.67 18
Business Standard
04-07-2025
- Business
- Business Standard
Zinka Logistics Solutions gains after RBI grants PPI license to TZF Logistics Solutions
Zinka Logistics Solutions rose 1.60% to Rs 437.10 after the company announced that the Reserve Bank of India (RBI) has issued a prepaid payment instruments (PPI) license to TZF Logistics Solutions, a wholly owned subsidiary of the company. According to an exchange filing, the certificate of authorization, issued on 3 July 2025, allows TZF Logistics Solutions to issue prepaid payment instruments under the Payment and Settlement Systems Act, 2007, and related RBI circulars. The company stated that the license will help TZF Logistics Solutions to set up and operate a payment system for prepaid payment instruments. Zinka Logistics Solution offers a digital platform, the BlackBuck app, for truck operators. Truck operators use the BlackBuck app for their diverse business needs. It offers payments, telematics, a freight marketplace, and vehicle financing services to help truck operators manage their business and grow their income. The company reported a consolidated net profit of Rs 280.17 crore in Q4 FY25 as against a net loss of Rs 90.75 crore in Q4 FY24. Revenue from operations jumped 30.7% YoY to Rs 121.81 crore in the quarter ended 31 March 2025.
