Urban Company Share Price Falls 7% After Q3 Results; Stock Near Lowest Since Listing

Urban Company shares slipped nearly 7% after the company released its Q3 FY26 results. The drop pushed the stock to ₹116.58, the lowest level seen since it listed in September 2025. This move also means the share price is around 25% lower than its IPO price.

The market reaction was sharp and quick, and the Q3 numbers are the main reason behind the decline. The company reported strong revenue growth, but losses and rising investments weighed heavily on sentiment.

Market Performance

Urban Company shares fell 7% in a single session after the results announcement. The stock touched ₹116.58, its lowest level since listing.

Here’s how the stock has moved since listing:

• IPO price: ₹103
• Listing date: September 17, 2025
• Listing price: ₹162.25 (listed at 57% premium)
• Highest post-listing level: ₹201.18 on September 22, 2025
• Current level: ₹116.58
• Down from listing price: ~28%
• Above IPO price: ~13%

This pattern shows the stock has moved from a strong debut to a sharp correction, driven mainly by quarterly performance and spending trends.

Main News: Q3 FY26 Results Overview

Urban Company reported its Q3 FY26 consolidated results on January 23, 2026. The company posted a strong revenue rise, but the headline numbers also showed a net loss, pulling the stock lower.

Key Q3 Numbers (Consolidated)

• Revenue from operations: ₹382.68 crore
• YoY growth: 33% (from ₹287.92 crore in Q3 FY25)
• Net loss: ₹21.26 crore
• Q3 FY25 net profit: ₹231.84 crore
• One-time impact: ₹2.69 crore due to new labour code implementation

The results show a clear shift: revenue is rising, but profitability has slipped sharply compared to last year.

Company Details (What the Numbers Mean)

Urban Company reported Adjusted EBITDA loss of ₹17 crore, mainly because of rising investments in InstaHelp.

Here are the key breakdowns:

• Adjusted EBITDA loss (consolidated): ₹17 crore
• InstaHelp losses: ₹61 crore
• Core business EBITDA profit: ₹44 crore

So, while the core business remains profitable, the losses are coming from new business investments.

Summary of the Article

Urban Company’s Q3 results were a mixed bag. Revenue grew strongly, but the company posted a loss due to heavy spending in its new business segment, InstaHelp.

The market reaction was immediate: the stock dropped to ₹116.58, its lowest since listing, and now sits 25% below its IPO price.

The story is simple: revenue is improving, but profitability is under pressure due to investments in expansion.