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Unicommerce eSolutions Limited (UNIECOM) AI Stock Analysis

IN:UNIECOM

Unicommerce eSolutions Limited

(NSE:UNIECOM)

Select Model
Rating:76.1Outperform
Price Target:INR 94.00â–²(16.99% Upside)
Action:reiterated
Date:09/12/26

The score is driven primarily by very strong financial performance and balance-sheet quality, reflecting rapid revenue and profit growth, rising equity with low leverage, and improving cash generation. This strength is moderated by a premium valuation and currently weak price momentum, which together temper near-term upside despite the company’s attractive long-term financial profile.

Positive Factors
Rapid revenue growth with sustained profitabilitySharp revenue acceleration alongside positive EBIT and net income indicates strong customer and usage expansion without sacrificing profitability. If sustained, this combination can strengthen operating scale, support reinvestment, and improve the platform’s competitive position over the next several quarters.
Negative Factors
Variable cash-flow efficiencyAlthough FY2026 cash generation was strong, the weaker prior-year conversion shows that reported earnings do not consistently translate into cash at the same rate. Such variability can make funding capacity less predictable and requires monitoring as the business scales.

Unicommerce eSolutions Limited (UNIECOM) vs. iShares MSCI India ETF (INDA)

-50%-40%-30%-20%-10%0%10%IN:UNIECOM-37.35%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 8.93B
Dividend Yield
―
Average Volume (3M)
38.30K
Price to Earnings (P/E)
40.9
Beta (1Y)
1.45
Revenue Growth
―
EPS Growth
―
Country
India
Employees
254
Sector
General
Sector Strength
55
Industry
Software - Application

Unicommerce eSolutions Limited Business Overview & Revenue Model

Company Description

Unicommerce eSolutions Ltd., an Indian enterprise established in Gurugram in 2012, delivers a comprehensive suite of software-as-a-service (SaaS) solutions designed for e-commerce operations, catering to clients both domestically and across internati...

How the Company Makes Money

Unicommerce primarily makes money by selling its software as a service (SaaS) to businesses that need to run and scale e-commerce and omnichannel operations. Key revenue streams: 1) Subscription / license fees (core): Customers pay recurring fees to...

Unicommerce eSolutions Limited Financial Statement Overview

Summary

Strong revenue and net income growth, significant equity expansion with low debt, and improving operating and free cash flows indicate robust, low-risk financial health, with only modest concerns around cash-to-income conversion and recent margin visibility.

Income Statement

92Very Positive

Balance Sheet

88Very Positive

Cash Flow

85Very Positive
Financial statement breakdown
BreakdownTTMMar 2025Mar 2025
Income Statement
Total Revenue452.74M1.35B2.04B
Gross Profit294.00M688.08M1.20B
EBITDA93.04M318.83M395.08M
Net Income33.58M176.81M204.58M
Balance Sheet
Total Assets2.28B2.28B2.71B
Cash, Cash Equivalents and Short-Term Investments324.32M324.32M379.33M
Total Debt77.04M77.04M94.69M
Total Liabilities1.58B1.58B775.82M
Stockholders Equity701.49M701.49M1.93B
Cash Flow
Free Cash Flow162.42M213.88M467.09M
Operating Cash Flow118.57M279.60M488.42M
Investing Cash Flow-151.57M-219.81M-446.36M
Financing Cash Flow-34.60M-52.80M-25.82M

Unicommerce eSolutions Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price80.35

Price Trends

50DMA83.70Negative
100DMA85.50Negative
200DMA91.87Negative

Market Momentum

MACD-0.69Negative
RSI45.85Neutral
STOCH74.07Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNIECOM, the sentiment is Negative. The current price of 80.35 is below the 20-day moving average (MA) of 81.90, below the 50-day MA of 83.70, and below the 200-day MA of 91.87, indicating a bearish trend. The MACD of -0.69 indicates Negative momentum. The RSI at 45.85 is Neutral, neither overbought nor oversold. The STOCH value of 74.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UNIECOM.

Unicommerce eSolutions Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:UNIECOM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:INFOBEANIN:INFOBEAN85OutperformINR 13.31B9.09―0.72%35.59%40.03%
IN:BLACKBUCKIN:BLACKBUCK76OutperformINR 103.26B56.74――50.17%-39.95%
IN:UNIECOMIN:UNIECOM76OutperformINR 9.03B40.94――――
IN:KELLTONTECIN:KELLTONTEC68NeutralINR 5.79B6.53――9.34%2.71%
IN:KSOLVESIN:KSOLVES64NeutralINR 4.75B13.18―4.99%10.91%15.87%
IN:MAPMYINDIAIN:MAPMYINDIA64NeutralINR 43.58B31.64―0.44%1.83%-12.91%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-50%-25%0%25%50%IN:UNIECOMIN:BLACKBUCKIN:INFOBEANIN:KELLTONTECIN:KSOLVESIN:MAPMYINDIADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:UNIECOM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:UNIECOMUnicommerce eSolutions Limited80.35-50.75-38.71%
IN:BLACKBUCKZinka Logistics Solutions Limited566.60-117.10-17.13%
IN:INFOBEANInfoBeans Technologies Ltd.137.29-19.18-12.26%
IN:KELLTONTECKellton Tech Solutions Ltd.10.90-10.65-49.42%
IN:KSOLVESKsolves India Ltd200.10-107.52-34.95%
IN:MAPMYINDIAC.E. Info Systems Ltd.795.00-1007.67-55.90%

Unicommerce eSolutions Limited Corporate Events

Unicommerce Sets September 30, 2026 as Date for Digitally Hosted AGM

Sep 8, 2026

Unicommerce eSolutions Limited has scheduled its 15th Annual General Meeting for September 30, 2026, at 10:30 a.m. IST, to be conducted via video conference and other audio-visual means in line with regulatory allowances. The meeting notice and the a...

Unicommerce Moves AGM and Annual Report Access Fully Online for Shareholders

Sep 8, 2026

Unicommerce eSolutions Limited has notified stock exchanges that it is sending letters to shareholders whose email addresses are not registered, providing a web link to access its 15th Annual Report and AGM notice online. The move is in line with SEB...

Unicommerce Sets Virtual 15th AGM, Publishes E-Voting Details

Sep 6, 2026

Unicommerce eSolutions Limited has announced details of its 15th Annual General Meeting, which will be held on September 30, 2026, at 10:30 a.m. IST via video conference and other audio-visual means, in line with regulatory guidance. The company has...

Unicommerce Announces Resignation of Company Secretary Anil Kumar

Sep 5, 2026

Unicommerce eSolutions Limited has announced the resignation of Company Secretary and key managerial personnel Anil Kumar, effective after business hours on September 5, 2026, citing personal reasons and commitments. The company has acknowledged his...

Ajanta Group Taps Unicommerce to Streamline E-Commerce Operations

Jun 30, 2026

Ajanta Group, one of India’s leading footwear brands with legacy labels such as Ajanta Shoes and Ajanta Footcare, has partnered with Unicommerce to modernise and consolidate its e-commerce operations. The company will deploy Unicommerce’s...

Unicommerce Integrates with Swiggy Networks to Streamline B2B Order Processing

Jun 24, 2026

Unicommerce eSolutions Limited has integrated its platform with Swiggy Networks, a subsidiary of Swiggy, to streamline B2B order processing for brands within the Swiggy Networks ecosystem. The integration allows brands to manage and fulfil bulk order...

Unicommerce Plans Virtual Analyst and Investor Meet on June 29

Jun 23, 2026

Unicommerce eSolutions Limited has announced a scheduled virtual group meeting with analysts and institutional investors on June 29, 2026, from 5:00 p.m. onwards, in line with disclosure requirements under SEBI’s Listing Obligations and Disclos...

Unicommerce Closes Trading Window Ahead of June-Quarter Results

Jun 23, 2026

Unicommerce eSolutions Limited has announced the closure of its trading window for company securities in line with the Securities and Exchange Board of India’s Prohibition of Insider Trading Regulations, 2015, and its internal code of conduct....

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 12, 2026