BLACKBUCK LIMITED

In the Q2 and H1 FY27 earnings conference call, BlackBuck Limited reported total income of 253 crores, a 51% year-on-year growth, with EBITDA at 51 crores (40% YoY growth) and profit after tax at 41.4 crores (42% YoY growth). The company highlighted 9 lakh transacting customers, a 13% YoY increase, and 4.8 lakh power users (20% YoY growth). GTV from tolling reached 7,070 crores, up 17% YoY. Core business revenue grew 31% YoY, while growth businesses like super loads and vehicle finance saw 166% YoY growth. Telematics revenue accelerated, with deferred revenue increasing due to long-term recognition. Management emphasized investments in super loads and telematics, noting higher upfront costs but long-term growth potential. The company also discussed strategies to mitigate MDR impacts on UPI transactions and explained that core revenue growth was driven by telematics and minor one-off benefits. Depreciation expenses doubled YoY, linked to telematics growth, with no specific capex guidance provided. The call concluded with management addressing questions on market share, competition, and operational strategies.

The document emphasizes strong revenue growth, expanding customer base, and strategic investments in high-growth areas like telematics and super loads, with management highlighting positive trends and long-term growth potential.