Urban Company Q2 FY27: Revenue up 41% to ₹537 Cr, Board approves ₹2,500 Cr fundraise
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 16 Oct 2026, 04:18 PM IST · BSE ID: d940a639-3ecf-406d-adba-57294b314d0e
View Original BSE Filing (PDF)
💡
In Simple Terms
Urban Company's second-quarter revenue grew significantly, and its board approved raising up to ₹2,500 Cr. in fresh capital.
🤖 AI Summary
- Consolidated revenue from operations grew 41% YoY to ₹537 Cr. for Q2 FY27.
- Net Transaction Value (NTV) increased 39% YoY to ₹1,432 Cr., with 15.1 million orders delivered.
- Adjusted EBITDA (Ex-InstaHelp) was ₹30 Cr., up 213% YoY, while consolidated Adjusted EBITDA was ₹(144) Cr.
- Board approved a capital raise of up to ₹2,500 Cr., subject to shareholder approval.
- The Company closed the quarter with ₹1,901 Cr. in cash and treasury investments.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Net Transaction Value (NTV)
₹1,432 Cr.
39% YoY
Consolidated Revenue from operations
₹537 Cr.
41% YoY
Orders delivered
15.1 million
103% YoY
Adjusted EBITDA (Ex-InstaHelp)
₹30 Cr.
213% YoY
Consolidated Adjusted EBITDA
₹(144) Cr.
Cash and treasury investments
₹1,901 Cr.
Approved Capital Raise
₹2,500 Cr.
🏢 How This Affects the Company
The core business demonstrated continued growth momentum and margin expansion, while the company aggressively invested in InstaHelp, which scaled rapidly with improving unit economics.
The approval of a capital raise of up to ₹2,500 Cr. positions the company to invest across its business segments and pursue inorganic opportunities, adding to existing cash reserves of ₹1,901 Cr.
Orders delivered increased by 103% YoY, indicating higher service fulfillment volume and annual transacting users reached nearly 10 million, up 35% YoY.
The ₹(174) Cr. investment in InstaHelp, resulting in a consolidated Adjusted EBITDA of ₹(144) Cr., indicates a strategic loss-making phase in a new segment.
👥 What This Means For Shareholders
✅
Action Required
Shareholder approval will be required for the proposed capital raise of up to ₹2,500 Cr.
👤
Who Is Affected
Existing shareholders will be affected by the dilution from the fresh capital raise. The specific terms of the raise will determine the extent of the impact.
🔍
Management Signal
The decision to raise up to ₹2,500 Cr. signals management's intent to invest aggressively in growth and cement leadership in new categories like InstaHelp.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder meeting date for approval of the capital raise.
Q3 FY27 financial results to assess combined Q2+Q3 NTV growth for Native.
Updates on InstaHelp unit economics to check loss per order trend.
MEDIUM RISK
Significant investment in InstaHelp leads to consolidated losses. Execution of a large capital raise is subject to market conditions.
💡 Investor Takeaway
Urban Company reported Q2 FY27 consolidated revenue of ₹537 Cr., up 41% YoY. Adjusted EBITDA (Ex-InstaHelp) increased 213% YoY to ₹30 Cr. The Board approved a fundraise of up to ₹2,500 Cr., adding to the ₹1,901 Cr. cash and treasury investments.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated revenue from operations increased 41% YoY to ₹537 Cr., reflecting strong business growth.
- Adjusted EBITDA (Ex-InstaHelp) grew 213% YoY to ₹30 Cr., demonstrating core business profitability and margin expansion.
⚠️ Concerns
- Consolidated Adjusted EBITDA showed a loss of ₹(144) Cr., primarily due to a ₹(174) Cr. investment in InstaHelp.
- InstaHelp's Net Order Value declined to ₹114 from ₹138, reflecting competitive intensity and introductory pricing.
📅 Company Track Record
Urban Company's Q1 FY27 consolidated revenue was ₹528.34 Crores, with a net loss of Rs. (92.12) Crores. The Q4 FY26 NTV surged 42% YoY to ₹1,148 Cr. Consolidated NTV has grown ~40% YoY for three straight quarters.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Urban Company's consolidated revenue from operations for Q2 FY27?
Urban Company's consolidated revenue from operations for the quarter ended September 30, 2026 (Q2 FY27) was ₹537 Cr., representing a 41% YoY growth.
What was Urban Company's Net Transaction Value (NTV) in Q2 FY27?
The consolidated Net Transaction Value (NTV) for Urban Company in Q2 FY27 grew 39% YoY to ₹1,432 Cr.
Did Urban Company's Board approve any capital raise in October 2026?
Yes, Urban Company's Board approved a fresh capital raise of up to ₹2,500 Cr., subject to shareholder approval.
What was the Adjusted EBITDA for Urban Company (excluding InstaHelp) in Q2 FY27?
Adjusted EBITDA for Urban Company (Ex-InstaHelp) for Q2 FY27 was ₹30 Cr., which is a 213% YoY increase.
What were Urban Company's cash and treasury investments at the end of Q2 FY27?
Urban Company closed Q2 FY27 with ₹1,901 Cr. in cash and treasury investments.
Questions based on this BSE filing only. For information purposes.