Despite a significant 52.2% revenue growth in Q4, BlackBuck's profit dropped by 77% compared to last year. However, the quarterly profit increased by 107.3%, reaching ₹65.7 crore. The total income for the quarter amounted to ₹199.6 crore, with expenses totaling ₹159.2 crore.

Morgan Stanley has assigned Blackbuck an 'Equal Weight' status, implying neutral sentiment, and set a target price of ₹650, suggesting potential growth for the company according to their analysis.

BlackBuck aims to achieve profitability by fiscal year 2026, projected along with a significant 55% increase in revenues and strategic expansion plans.

Black Buck Limited significantly increased its income by 55% year-on-year to reach ₹714.6 Crore in FY26, with EBITDA growing by 79%. The company's core and growth segments demonstrated robust performance, but challenges such as fuel scarcity and the ongoing conflict in West Asia remain a concern.

BlackBuck's Q4 pre-tax profit dipped to INR 400 million compared to last year, marking a year-on-year decrease from INR 423 million.

BlackBuck Ltd has scheduled a board meeting on May 19, 2026, to approve their FY26 financial results. Trading will be suspended from April 1, 2026, until after the results are announced.

Morgan Stanley has kept its neutral stance on BlackBuck, setting a target price of INR 650. The decision is backed by BlackBuck's strong Q4 growth, attributed to over 60% revenue from tolling, enhanced FASTag collections, and a Q4 GTV growth rate of 15-20%.