Shares of Urban Company rose after a significant Rs 428 crore block trade highlighted growing institutional interest, amid continued revenue growth and persistent losses at the home services platform.
Urban Company shares rose after a large block trade worth about Rs 428 crore drew fresh attention to the home services platform, with the stock touching an intraday high of Rs 146 on the NSE on Thursday.
According to EquityPandit, about 3.15 crore shares, equal to roughly 2% of the company, changed hands in a pre-market deal at Rs 136 a share, a discount of around 6% to the prevailing price. SBI Mutual Fund was the buyer, while early backers Accel and VY Capital were the sellers. The report said SBI has been steadily increasing its exposure to Urban Company, lifting its stake from about 1.89% in December to roughly 5.9% by March, with the latest purchase taking it towards 8%.
The trading interest came as the company continued to post strong revenue growth, even as losses stayed elevated. EquityPandit said Urban Company’s June quarter revenue climbed 44% from a year earlier to Rs 528.34 crore, while the net loss widened to Rs 92 crore as it kept spending on expansion. Business Standard separately reported that in the March 2026 quarter, revenue rose 42.59% to Rs 425.56 crore, but the consolidated net loss increased to Rs 161.16 crore.
The two sets of results point to the same tension facing the company: fast growth and improving performance in parts of the business, but no clear path to near-term profitability. EquityPandit said India revenue rose 31% year on year and margins improved to 23% from 14.8%, while the international business grew 82% and turned profitable at the operating level. It also said InstaHelp order volumes rose 43% from the previous quarter to 3.82 million, though the average order value slipped slightly.
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