Shiprocket date, Share Price Target, 2026, 2027, 2030, 2040
Shiprocket is an Indian company that helps online businesses manage their shipping and delivery work. It connects online sellers with different courier companies through one platform. Sellers can use it to book shipments, choose suitable courier services, track orders, manage cash-on-delivery payments, and handle product returns. It also provides domestic and international shipping services, allowing businesses to deliver products to customers in different parts of India and other countries. It also connects with online stores and e-commerce platforms, which makes managing orders and deliveries easier.
What is Shiprocket Ltd?
Shiprocket was established in 2017 in New Delhi, India. The company was founded by Saahil Goel, Vishesh Khurana, and Gautam Kapoor. It helps small businesses, online sellers, D2C brands, and retailers manage their shipping and delivery work. It connects sellers with different courier companies through one platform, making it easier to send products to customers across India and other countries. Sellers can use it to book shipments, choose a courier service, create shipping labels, track orders, manage returns, and handle other delivery tasks.
It is an Indian technology company that helps online businesses manage their shipping and delivery work. Over time, it has added many more services apart from shipping. These include order management, product storage, delivery, customer communication, marketing tools, international shipping, and financial services. Its platform is mainly useful for online sellers, small businesses, D2C brands, and retailers. In 2026, its share price target would be ₹255, as per stock market analysts.
According to stock market analysts, its share price would be between ₹70 to ₹255 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 70 | 255 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | — | — |
| February | — | — |
| March | — | — |
| April | — | — |
| May | — | — |
| June | — | — |
| July | — | — |
| August | 90 | 170 |
| September | 70 | 190 |
| October | 88 | 220 |
| November | 98 | 232 |
| December | 115 | 255 |
It mainly helps online sellers manage their orders and deliveries. Sellers can use the platform to choose a courier company, book a shipment, print shipping labels, and track their packages. They can also check delivery updates and handle problems if an order is delayed or returned. It also provides tools for managing orders, storing products, and communicating with customers. This means the company does more than just help deliver packages. In 2027, its share price target would be ₹365, as per stock market analysts.
According to stock market analysts, its share price would be between ₹173 to ₹365 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 173 | 365 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 173 | 268 |
| February | 180 | 277 |
| March | 185 | 285 |
| April | 189 | 293 |
| May | 200 | 300 |
| June | 212 | 312 |
| July | 225 | 322 |
| August | 236 | 336 |
| September | 254 | 348 |
| October | 274 | 351 |
| November | 290 | 355 |
| December | 300 | 365 |
It helps sellers send products to customers across India. Its platform gives sellers access to several courier companies, so they can choose a suitable delivery option for their orders. Its domestic shipping network covers more than 19,000 unique PIN codes. Sellers can compare shipping options, check delivery costs, create multiple shipments, and track their orders through the platform. They can also manage delivery problems from the same place. In 2028, its share price target would be ₹500, as per stock market analysts.
According to stock market analysts, its share price would be between ₹320 to ₹500 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 320 | 500 |
It also helps Indian businesses send products to customers in other countries. Its international shipping services are designed for sellers who want to grow their business outside India. The company offers services such as ShipX, CargoX, and LaunchX to support international and cross-border business. These services can help with international deliveries, large shipments, and entering new markets. Its platform supports shipping to more than 220 countries and territories. In 2029, its share price target would be ₹612, as per stock market analysts.
According to stock market analysts, its share price would be between ₹470 to ₹612 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 470 | 612 |
It also offers fulfilment services to online businesses. Fulfilment means storing products, packing orders, and sending them to customers. Shiprocket provides warehouses where businesses can keep their products until they are sold. The company currently has more than 40 fulfilment centres. These warehouses help businesses store products closer to their customers and manage orders more easily. In 2030, its share price target would be ₹790, as per stock market analysts.
According to stock market analysts, its share price would be between ₹580 to ₹790 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 580 | 790 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 580 | 642 |
| February | 589 | 665 |
| March | 598 | 685 |
| April | 610 | 700 |
| May | 628 | 712 |
| June | 636 | 720 |
| July | 654 | 738 |
| August | 674 | 748 |
| September | 690 | 765 |
| October | 712 | 775 |
| November | 732 | 781 |
| December | 740 | 790 |
Technology is an important part of Shiprocket’s business. The company uses software, data, automation, and AI to make e-commerce work easier for businesses. It offers tools such as Sense and Trends. Sense is designed to help businesses check addresses, improve delivery accuracy, and reduce problems such as returned orders. Trends provides information that can help businesses understand markets and customer activity. The company also offers tools for online checkout and customer communication. In 2040, its share price target would be ₹1874, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1410 to ₹1874 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1410 | 1874 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1410 | 1558 |
| February | 1441 | 1575 |
| March | 1458 | 1590 |
| April | 1474 | 1621 |
| May | 1490 | 1635 |
| June | 1525 | 1652 |
| July | 1554 | 1668 |
| August | 1550 | 1685 |
| September | 1574 | 1721 |
| October | 1590 | 1748 |
| November | 1632 | 1790 |
| December | 1680 | 1874 |
It also helps businesses communicate with their customers and improve their marketing. Its platform includes tools such as Identify, which uses technology and WhatsApp to help businesses stay connected with customers. Good communication is important for online sellers because customers often want updates about their orders, delivery times, and returns. Businesses also need to communicate with customers after a purchase so they can build long-term relationships. In 2050, its share price target would be ₹4025, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3710 to ₹4025 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3710 | 4025 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3710 | 3832 |
| February | 3741 | 3855 |
| March | 3765 | 3987 |
| April | 3784 | 3900 |
| May | 3800 | 3933 |
| June | 3825 | 3950 |
| July | 3841 | 3969 |
| August | 3858 | 3987 |
| September | 3875 | 4014 |
| October | 3890 | 4044 |
| November | 3921 | 4087 |
| December | 4022 | 4112 |
Should I buy Shiprocket stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 70 | 180 |
| 2027 | 173 | 365 |
| 2028 | 320 | 500 |
| 2029 | 470 | 612 |
| 2030 | 580 | 790 |
| 2040 | 1410 | 1874 |
| 2050 | 3710 | 4025 |
It is a growing company, but it also carries some risk. Its sales are increasing, and the company could benefit from the growth of online shopping and D2C businesses. However, it is still not making regular profits, and its ROE and ROCE are negative. This means the company is not yet earning enough from the money invested in its business. Its cash flow has improved, which is a positive sign, but higher borrowings and interest costs are still areas to watch. Overall, it may be suitable for investors who are comfortable taking some risk and can wait for long-term growth.
Shiprocket earnings results (Financials)
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
| Sales + | 358 | 611 | 1,089 | 1,316 | 1,632 | 2,024 |
| Expenses + | 348 | 690 | 1,372 | 1,609 | 1,692 | 2,091 |
| Operating Profit | 10 | -79 | -283 | -293 | -60 | -67 |
| OPM % | 2.8% | -13% | -26% | -22% | -3.7% | -3.3% |
| Other Income + | 7 | 24 | -25 | -203 | 43 | 50 |
| Interest | 2 | 1 | 10 | 23 | 22 | 26 |
| Depreciation | 1 | 7 | 41 | 76 | 35 | 36 |
| Profit before tax | 14 | -64 | -359 | -595 | -74 | -79 |
| Tax % | 13% | -0% | 0% | 0% | 0% | 0% |
| Net Profit + | 12 | -64 | -359 | -595 | -74 | -79 |
| EPS in Rs | 292.20 | -1,454.17 | -6,317.95 | -10,044.25 | -1,065.40 | -4.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Is Shiprocket stock good to buy? (bull case & bear case)
Bull Case:
- The company’s sales increased from ₹358 crore to ₹2,024 crore between FY21 and FY26.
- Sales grew by around 465% during this period, showing strong business growth.
- The company has achieved around 41% average yearly sales growth over the last five years.
- Sales have also grown by around 23% per year over the last three years.
- Cash generated from the main business improved from a ₹216 crore loss to ₹53 crore, which is a good sign.
- Free cash flow also improved from a ₹240 crore negative figure to ₹35 crore positive, showing better cash management.
- Shiprocket works in the growing online shopping and D2C market, which can help the company grow in the future.
- The company is adding more services such as international shipping, warehousing, checkout, marketing, AI tools, and financial services, giving it more ways to earn money.
Bear Case:
- The company is still making losses, with a net loss of ₹79 crore in FY26.
- Its main business also made an operating loss of ₹67 crore in FY26, showing that it is not yet profitable.
- The operating margin was -3.3% in FY26, which means the company is spending more than it earns from its main business.
- Borrowings increased from ₹44 crore to ₹394 crore, which can increase financial pressure on the company.
- The company has low interest coverage, which means paying interest could become difficult if profits do not improve.
Conclusion
It is a fast-growing company with good future potential, but it also has some risks. Its sales are growing strongly, and the growing online shopping market can help the company expand further. It is also adding new services, which can create more opportunities to earn money. However, the company is still making losses, and its ROE and ROCE are negative. Its borrowings have also increased, which is another concern. The main challenge for Shiprocket is to turn its growing sales into regular profits while keeping its costs under control.
