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Urban Company gains 8% as UBS flags a ‘Blinkit moment’ in home services
Urban Company shares rose after UBS initiated Buy coverage, citing accelerating online home-services adoption. Q1 FY27 revenue grew 43.9%, while heavy InstaHelp investment drove losses; core India consumer-services NTV crossed ₹1,000 Cr for the first time.
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Reported figures
From the report. Source details below
| Shares rose as much as 8.1% to ₹157.35; UBS target price | ₹180 |
|---|---|
| Market capitalisation | ₹24,110 Cr |
| Q1 FY27 operating revenue rose 43.9% YoY to | ₹528.3 Cr |
| Core India consumer-services NTV rose 29% YoY to | ₹1,056 Cr |
| Cash and treasury investments | ₹2,019 Cr |
Also in the report
- NTV projected to grow 32% CAGR from ₹4,300 Cr in FY26 to ₹10,000 Cr by FY29
- Q1 FY27 consolidated net loss ₹92.1 Cr versus ₹6.9 Cr profit a year earlier
- InstaHelp delivered 3.82 Mn orders and ₹53 Cr NTV in Q1 FY27
The source
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