Shadowfax to scale dark stores from 15 to 100 by FY27, chasing quick commerce wedge
Logistics player Shadowfax will add 85 dark stores by FY27 to serve vertical quick commerce and D2C brands, promising 30-min delivery within a 7 km radius. Capex earmarked at ₹180-190 Cr, with ~10% directed to dark stores. Q4 FY26 swung to ₹55.8 Cr profit on ₹1,237 Cr revenue (+73.6% YoY); 3PL share now 27-29% across 15,166 pincodes.
Shadowfax plans to scale dark stores from 15 to 100 by FY27, targeting vertical quick commerce and D2C brands. Q4 FY26 swung to ₹55.8 Cr profit on ₹1,237 Cr revenue (+73.6% YoY); 3PL share now 27-29%.