Added to YB: 2026-07-07
Pitch date: 2026-07-03
UNIECOM.NS [neutral]
Unicommerce eSolutions Limited
-1.99%
current return
Author Info
Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.
Company Info
Unicommerce eSolutions Limited provides a suite of software-as-a-service products in India and internationally.
Market Cap
INR 10.1B
Pitch Price
INR 91.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.25
P/E
51.14
EV/Sales
4.72
Sector
Software
Category
growth
Unicommerce eSolutions: A Deep Dive
UNIECOM.NS (deep dive): Indian e-commerce infrastructure SaaS (Uniware OMS/WMS). FY26 rev ₹204.3cr (+51.6% YoY), adj EBITDA ₹43.9cr (+54.5%), PAT ₹20.5cr (+16%, lagging on Shipway amortization). Sticky high-margin core, frugal culture, AI layer on 10yr data. Risks: Shipway lower-margin/competitive, KPI opacity, FY27 reinvestment must yield growth. Author sees co at 'Step 7'—messy post-M&A financials before synergy-driven re-rating; valuation may bottom near.
Read full article (14 min)