Investor Presentation

Here's a summary of the BlackBuck investor presentation: **Financial Highlights:** BlackBuck reported a Total Income of ₹159.56 Cr, up 62.27% year-over-year (YoY). Adjusted EBITDA significantly increased 290.25% YoY to ₹47.21 Cr, with the Adjusted EBITDA margin expanding to 35.8% of net revenues.

Profit After Tax (PAT) grew 17.52% YoY to ₹33.70 Cr, while the Contribution Margin remained high at 92.68%. **Strategic Initiatives & Growth Drivers:** The company's strategy focuses on transforming the Indian trucking industry by addressing the full lifecycle needs of truck operators.

Growth businesses, notably the new 'SuperLoads' transaction-based platform, surged 251.52% YoY, demonstrating a successful pivot from classifieds to transactional services and driving overall revenue momentum. **Business Developments:** Transacting truck operators grew 13.87% YoY to 783,399, with users availing at least two services increasing 24.23% YoY.

The Gross Transaction Value (GTV) of payments rose 27.84% YoY to ₹6,847.46 Cr, reflecting deeper customer engagement and adoption across its platform offerings. **Market Position & Competitive Advantage:** Operating in a large $170-175 billion trucking market, BlackBuck maintains a strong competitive edge through its asset-light platform model.

Its extensive network boasts 783K transacting customers, 10K+ physical touchpoints, and over 80% district presence, yielding high recurring revenues and strong operating leverage. **Investor Implications:** The company exhibits positive growth potential, underscored by robust revenue expansion, substantial profitability improvement from operating leverage, and the successful scale-up of new business segments, indicating strong execution within a large, addressable market.