Unicommerce Shares Plunge 4% To Hit A Fresh All-Time Low

SUMMARY

Shares of ecommerce-focussed SaaS major Unicommerce tumbled over 4% to hit an all-time low at INR 112.55 apiece on the BSE on Monday (February 24)

The decline in its share price came as broader market rout continued amid uncertainty over US tariff policies and concerns over slowing domestic growth spooked investors

Unicommerce posted a consolidated net profit INR 6.29 Cr in Q3 FY25 on an operating revenue of INR 32.74 Cr

Shares of ecommerce-focussed SaaS major Unicommerce tumbled over 4% to hit an all-time low at INR 112.55 apiece on the BSE on Monday (February 24) as broader market rout continued amid uncertainty over US tariff policies and concerns over slowing domestic growth spooked investors.

At 12:11 PM, the stock was trading 2.47% lower at INR 114.35 on the BSE, extending its losses for the second consecutive session. Over the last 11 trading sessions, Unicommerce’s shares have given investors negative returns of 22%.

It is pertinent to note that Unicommerce’s consolidated net profit zoomed 62.1% to INR 6.29 Cr in the third quarter of the ongoing financial year (FY25) from INR 3.88 Cr in the year-ago quarter.

Sequentially, profit increased 40.7% from INR 4.47 Cr. The company’s adjusted EBITDA for Q3 FY25 increased 63.5% year-on-year (YoY) to INR 8.88 Cr, while adjusted EBITDA margin expanded 620 basis points YoY to 27.1%.

The robust jump in its bottom line came on the back of an over 26% jump in revenue from contracts with customers to INR 32.74 Cr from INR 25.96 Cr in Q3 FY24. Sequentially, the company’s top line saw a rise of 11.7% from INR 29.31 Cr.

Unicommerce’s next phase of growth will be driven by ecommerce expansion in the country, an uptick in the total addressable market from complementary offerings, client acquisition, and an extended product suite, managing director and CEO Kapil Makhija said in a post-earnings call earlier.

Unicommerce share price dwindled amid a broader market decline. Benchmark equity indices BSE Sensex and Nifty 50 fell over 1% each to 74,493.97 and 22,548.35, respectively—their lowest in the last eight months—amid a sharp decline in financial services and IT stocks.

Among the biggest laggards were heavyweights like Zomato, Reliance and Bharti Airtel.

Twenty out of the 32 new-age tech stocks under Inc42’s coverage were trading in the red at the time of writing, with TBO Tek emerging as the biggest loser, with its shares crashing over 6% to the day’s low of INR 1,400 apiece on the BSE.

Shares of MobikWik plummeted nearly 6% to hit their lifetime low of INR 293.60 while IndiaMART InterMESH slipped 1.6% to hit its 52-week low at INR 1,989.10 before recovering all losses.