Blackbuck Ltd · NSE:BLACKBUCK

Blackbuck — Q3 FY25 Earnings Presentation

12 slides from Blackbuck's earnings presentation, Feb 5, 2025

  1. Slide 1: Exchange filing cover letter for investor presentation

    ` Ref: BLACKBUCK/CORP/2024-25/33 February 05, 2025 To To National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400051 Mumbai – 400001 Scrip Code: 544288, Scrip Symbol: BLACKBUCK, Series – EQ I

  2. Slide 2: Q3'25 Earnings Presentation

    Q3’25 Earnings Presentation

  3. Slide 3: Snapshot of Q3'25

    Snapshot of Q3’25 ₹ 122.96 Cr. ₹ 114.69 Cr. ₹ 42.04 Cr. Revenues1 Contribution Margin2 Adjusted EBIDTA3 ▲ 44.73% YoY ▲ 48.07% YoY ▲ 459.16% YoY 7,35,132 3,49,772 6,083 Cr. Transacting Customers Users (>=2 Services) GTV Payments ▲ 20.29% YoY ▲ 29.11% YoY ▲ 34.71% YoY Consistent profitable growth, whi

  4. Slide 4: Trucking industry overview

    Trucking industry overview $170-175 Bn Industry 75% trucks owned by small 3.5 Mn Truck Owners operators (<5 Trucks) 8-9% CAGR 12.5 Mn Trucks Cash Leakages Lower Accessibility Lower Accessibility leading to higher Ineffective Ineffective costs Monitoring Monitoring Financing Payments Maintenance Truc

  5. Slide 5: Our Strategy

    Our Strategy 87.31% of Revenues Offerings Tolling Vehicle Fuel Vehicle Loads Brokerage Fuel Fleet Docs + Pipeline Tracking Payments Finance Platform Platform Sensor … BlackBuck Platform 7,35,132 x 45 Mins Transacting Customers Daily App Usage Truck Operator’s Lifecycle 9K+ 80%+ Distribution Physical

  6. Slide 6: Operational Metrics

    Operational Metrics KEY METRICS Q3’25 Q3’24 YoY 9M’25 9M’24 YoY Average monthly transacting truck operators Units 735,132 611,119 20.29% 707,444 579,721 22.03% Monthly transacting users using at least two services Units 349,772 270,914 29.11% 330,104 248,137 33.03% Time spent on App Daily by Transac

  7. Slide 7: Key Highlights

    Key Highlights • BlackBuck maintained its growth momentum with the overall revenues of the company growing YoY by ~45% in Q3’25 and ~50% in 9M’25 o The core businesses (Tolling and Vehicle tracking solutions) continue to contribute majority revenues and delivered a YoY growth of ~35% in Q3’25 and ~4

  8. Slide 8: Operating leverage at play (1/2)

    Operating leverage at play (1/2) YoY Q3’ 25 Q3’ 24 ▲Change Drivers for Operating Leverage Revenues (₹ Cr.) 122.96 84.95 +38.01 91% Adj. EBIDTA (₹ Cr.) 42.04 7.52 +34.52 Recurring Revenues High Contribution Margin QoQ Q3’ 25 Q2’ 25 ▲Change Strong User Retention Revenues (₹ Cr.) 122.96 104.27 +18.69 A

  9. Slide 9: Operating leverage at play (2/2)

    Operating leverage at play (2/2) Adj. EBITDA (INR Cr) 42.0 24.6 18.3 16.7 7.5 -5.8 -5.1 Adj. -9.0% -7.5% 8.9% 16.8% 18.7% 23.6% 34.2% EBITDA % Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 BlackBuck’s high margin growth ensures profitable and sustainable outcomes 8

  10. Slide 10: P&L Snapshot

    P&L Snapshot KEY METRICS Q3’25 Q3’24 YoY 9M’25 9M’24 YoY Revenue from Operations ₹ in Cr. 113.98 80.87 40.95% 304.92 203.70 49.68% Other Income ₹ in Cr. 8.98 4.09 119.54% 20.63 13.30 55.12% Total Income1 ₹ in Cr. 122.96 84.95 44.73% 325.55 217.00 50.01% Direct Costs ₹ in Cr. 8.27 7.50 10.28% 23.80 1

  11. Slide 11: Walkthrough from PAT to Adjusted EBIDTA

    Walkthrough from PAT to Adjusted EBIDTA KEY METRICS Q3’25 Q3’24 YoY 9M’25 9M’24 YoY Profit / (Loss) after Tax ₹ in Cr. (48.03) (19.59) - (288.82) (103.20) - Less: Profit/ (Loss) from discontinued operations ₹ in Cr. - (13..11) - 35.21 (23.70) - Add: - - Exceptional items ₹ in Cr. 77.89 - - 373.01 -

  12. Slide 12: Thank You!

    Thank You! 11

BlackBuck (Zinka Logistics Solutions Limited) — Q3 FY25 Earnings Presentation on 6ix