Quick Commerce & E-commerce

The platforms and the picks-and-shovels behind them, separated by tier so an operator and a supplier never blur.

Core — the theme IS a principal business todayGrowing — real operations, not yet the main businessAnnounced — committed plans or orders, little revenue yetMention-only — appears only as outlook language
Luxury TimeGems, Jewellery And WatchesGrowing₹55 CrP/E 16.5 vs 13.0ROCE 19.1%

Luxury Time has current direct-to-consumer and e-commerce sales operations, but these are one component of its broader watch distribution, retail and service business.

“During the financial year under review, the Company continued to operate in the premium and luxury watch ecosystem with an integrated presence across distribution, retail, direct-to-consumer/e-commerce, after-sales service, brand support and tools/machinery distribution.”

Luxury Time Ltd - 544635 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 31
Pace E-commerce Ventures LimitE-Retail/ E-CommerceGrowing₹34 CrP/E 4.8 vs 13.1ROCE 6.0%

Company operates four owned e-commerce/hyperlocal websites for its consumer (D2C) and B2B brands, alongside marketplace presence, though the e-commerce focus is being complemented by newer hydration and B2B verticals.

“Owned E-commerce and Hyperlocal: 4 owned websites across B2B and B2C”

Pace E-Commerce Ventures Ltd - 543637 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 11
+1 more quote from the report

“The Company is also engaged in the manufacturing and trading of textiles, furniture, garments, home décor items, accessories and other related products, which are sold through the Company's own e-commerce platform as well as through various online and offline channels.”

Pace E-Commerce Ventures Ltd - 543637 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 33
Ahasolar TechnologiesE-Retail/ E-CommerceGrowing₹20 CrROCE 2.1%

Operates a Solar Marketplace as one of its four core business categories, earning on transaction margins for solar product buy/sell.

“Our company works on the transaction margins for the transactions that happen in the marketplace for buying and selling of solar products.”

Ahasolar Technologies Ltd - 543941 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 27
Rajnandini Fashion India LimitGarments & ApparelsGrowingROCE 43.3%

The company currently sells its women’s apparel through leading e-commerce platforms and its own online channel alongside wholesale distribution.

“Its products are marketed and sold through leading e-commerce platforms, its own online presence and wholesale channels, enabling the Company to cater to customers across different geographical markets.”

Rajnandini Fashion India Ltd - 544771 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 18

The company develops cold chain storage solutions tailored for quick commerce, supplying/enabling quick-commerce operators as one of several material handling product lines.

“From designing highly customized, high-precision pallets for Automated Storage and Retrieval Systems (ASRS) to developing robust cold chain storage solutions tailored for the high-velocity demands of quick commerce, innovation is at the heart of everything we build.”

Prima Innovation Ltd - 544855 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 5
Aptus PharmaPharmaceuticalsAnnounced₹647 CrP/E 49.3 vs 32.1ROCE 26.3%

Aptus plans to introduce a company-operated e-commerce and direct-to-consumer sales channel, but no current e-commerce revenue is reported.

“Revenue will be generated by promoting OTC, wellness, personal-care and self-care products directly through traditional trade channels and, progressively, through a proposed e-commerce/D2C platform.”

Aptus Pharma Ltd - 544529 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 11
Birla Precision TechIndustrial ProductsAnnounced₹397 CrP/E 34.0 vs 28.9ROCE 8.6%

The company is developing an e-commerce platform to expand market reach, with no stated evidence of a live platform or revenue.

“We took steps to strengthen our digital and technology backbone, including the rollout of Zoho CRM across our sales teams, and the development of our e-commerce platform to expand market reach.”

Birla Precision Technologies Ltd - 522105 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 7
Vegorama Punjabi Angithi LimitRestaurantsAnnounced₹318 CrP/E 56.3 vs 66.5ROCE 53.2%

The company plans to use online platforms and home-delivery services to reach more customers alongside its restaurant and catering operations.

“The brand’s future strategies focus on expanding its fine dining and corporate catering services, leveraging digital transformation through online platforms to expand customer base and provide home delivery services, and entering new markets to further solidify its position as a key player in the industry.”

Vegorama Punjabi Angithi Ltd - 544765 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 22
Ace Software ExportsSoftware ProductsAnnounced₹286 CrP/E 47.0 vs 20.5ROCE 4.6%

ACE Software Exports has executed a share purchase agreement to acquire 100% of QeApps Private Limited (a Shopify e-commerce apps developer with 20+ apps and 10,000+ active installations across 15+ countries) for ₹1,200 lakhs; the related-party acquisition awaits shareholder approval and would make QeApps a wholly owned subsidiary.

“QeApps is a technology and software solutions provider specializing in the development of innovative applications for the e-commerce ecosystem, particularly the Shopify platform. It offers a portfolio of 20+ Shopify applications covering solutions such as product bundling, upselling and cross-selling, checkout optimization, multi-address shipping, customer engagement and other e-commerce requirements.”

ACE Software Exports Ltd-$ - 531525 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 23
Kanchi KarpooramKANCHIAnnounced₹164 CrP/E 30.8ROCE 3.3%

The company has amended its objects clause to enable entry into B2C e-commerce for its camphor products, representing a committed but pre-revenue expansion into e-commerce channels.

“The Company has added new businesses to its objects clause to enhance the margin of revenue. This would primarily facilitate its entry into the B2C market through e-commerce and to diversify its business by venturing into the renewable energy generation sector.”

Kanchi Karpooram Ltd - 538896 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 19
Nagarjuna Agri TechAnnounced₹112 CrP/E 38.4ROCE 0.7%

The company’s approved but still-pending Kathleen acquisition is intended to add a bakery-store network sold through quick-commerce and food-delivery platforms.

“By modernizing Kathleen’s operations, enhancing product innovation, and leveraging digital sales and food delivery partnerships with quick commerce and food delivery apps”

Nagarjuna Agri Tech Ltd - 531832 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 13
Impera WorldwideAnnounced₹24 CrROCE -79.0%

The Company has passed a Special Resolution via Postal Ballot to alter its Main Objects Clause to permit e-commerce and technology-enabled B2B commercial activities, but there is no current revenue from this segment.

“the Main Objects of the Company have been expanded to include, inter alia, activities relating to trading, manufacturing, processing, importing, exporting and distribution of various goods and commodities, including agro commodities, chemicals, polymers, textiles, metals and allied products; e-commerce and technology-enabled B2B commercial activities;”

Impera Worldwide Ltd - 514177 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 26
Continental ControlsOther Electrical EquipmentAnnounced₹10 CrP/E 27.0 vs 25.5ROCE -5.9%

Company approved acquiring commercial usage rights for "Ready Shopping" and "Ready Pharmacy" e-commerce platforms from promoter OCAL; stated main objects also cover e-commerce activity, but the firm has no operational revenue yet (FY26 income from operations is nil).

“The Board of Directors, at its Meeting held on 15th July 2026, approved the acquisition of acquire the commercial usage rights for "Ready Shopping" and "Ready Pharmacy" from the Promoter, Onelife Capital Advisors Limited(OCAL) including all associated operational concepts, workflows, methodologies, and proprietary business know-how, for a Fixed License Fee of Rs. 53,99,603/- and an ongoing quarterly royalty share of 0.5%”

Continental Controls Ltd - 531460 - Corrigendum To The Notice Of 31St Annual General Meeting And Annual Report For The Financial Year 2025-26 · Sept 2026 · p. 31
Wakefit InnovationsFurniture Home FurnishingMention-only₹4,496 CrP/E 25.0 vs 35.6ROCE 6.8%

Wakefit's products are distributed via quick commerce platforms as part of its external channel mix, but this is a distribution mention rather than a material revenue driver or platform operation.

“presence on major e-commerce platforms and quick commerce platforms providing additional convenience and familiarity to customers”

Wakefit Innovations Ltd - 544642 - Notice Of The 10Th Annual General Meeting (''AGM'') And Annual Report Of The Company For The Financial Year 2025-26 · Aug 2026 · p. 28
Parag Milk FoodsDairy ProductsMention-only₹3,894 CrP/E 29.6 vs 27.2ROCE 10.1%

The company has a current sales presence in quick-commerce and digital channels, but the report does not establish platform operations or material theme-specific revenue.

“The Company also strengthened its presence across modern trade, quick commerce and digital platforms, while deepening consumer engagement through on-ground activations and partnerships.”

Parag Milk Foods Ltd - 539889 - Notice Of Annual General Meeting To Be Held On September 29, 2026 And Integrated Annual Report For FY 2025-26 · Sept 2026 · p. 34
Godavari BiorefineriesDiversified FMCGMention-only₹1,165 CrP/E 7589.0 vs 37.3ROCE 0.4%

The Jivana consumer food brand uses quick commerce as a sales/distribution channel, but the company does not operate a quick-commerce platform.

“Quick commerce is an important distribution channel, supporting everyday and top up purchases through:”

Godavari Biorefineries Ltd - 544279 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 15
Coffee Day EnterpriseCOFFEEDAYMention-only₹638 CrP/E 3.1ROCE 5.3%

Coffee Day lists quick commerce as one of several distribution channels for its coffee products, but the text does not quantify or characterise revenue from it as material.

“Coffee products are distributed through a wide range of channels, including company-owned cafés, franchise café networks, modern trade and organised retail, general trade, e-commerce, quick commerce platforms, institutional sales, and export markets.”

Coffee Day Enterprises Ltd - 539436 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 33
Prakash PipesPlastic Products - IndustrialMention-only₹595 CrP/E 55.3 vs 14.5

E-commerce and quick-commerce are cited as demand drivers for the company's flexible packaging division, but only as part of broader industry commentary rather than as a materially distinct revenue line.

“The rapid expansion of e-commerce and quick-commerce is a key demand driver for flexible packaging, increasing the need for durable, lightweight and logistics-efficient solutions.”

Prakash Pipes Ltd - 542684 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 19
Ind Terrain FashionsGarments & ApparelsMention-only₹148 CrP/E 325.3 vs 18.0ROCE 1.2%

Quick commerce / hyper-local delivery is flagged only as a future market opportunity in ITFL's risks-opportunities-threats table; the company sells apparel via e-commerce platforms but does not operate or materially supply quick-commerce infrastructure.

“Integrating offline and online channels presents a massive opportunity along with Quick Commerce & Hyper-Local Delivery”

Indian Terrain Fashions Ltd - 533329 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 31
Filtra Consultants and EngineeOther UtilitiesMention-only₹76 CrP/E 13.3ROCE 23.9%

Company explicitly states it is only 'exploring' the application of quick-commerce principles to its existing industrial B2B distribution — no actual quick-commerce operations.

“We are also exploring the application of quick-commerce principles to industrial B2B distribution. For Filtra, this means improving stock visibility, speeding up quotations and order conversion, placing inventory more efficiently, streamlining fulfilment and ensuring predictable dispatch.”

Filtra Consultants and Engineers Ltd - 539098 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 26
Yaan EnterprisesTour, Travel Related ServicesMention-only₹50 CrP/E 61.6 vs 9.6ROCE 17.4%

E-commerce is listed only as a brief aspirational diversification initiative among several others, with no specifics on platforms, revenue or operations.

“During the year, the Company has also ventured into other high potential areas such as agro products trading, e-commerce, real estate and handicrafts.”

Yaan Enterprises Ltd - 538521 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 23
Rose Merc.ltd.Trading & DistributorsMention-only₹27 CrP/E 4.5 vs 17.6ROCE 20.2%

E-commerce is listed as one of Rose Merc's diversified business verticals, but no specific e-commerce/quick-commerce platforms or operations are described in the text.

“Rose Merc Limited is a BSE-listed diversified enterprise with a growing presence across FinTech, Capital Markets, Fashion & Luxury, Sports, Media, E-commerce, Strategic Investments, and Emerging Businesses.”

Rose Merc Ltd - 512115 - Reg. 34 (1) Annual Report. · Aug 2026 · p. 9
Ontic FinserveOther Financial ServicesMention-only₹12 CrROCE 19.4%

Objects clause lists e-retail/online shopping, virtual malls, shopping catalogues and net commerce (B2B/B2C) as permitted activities.

“internet advertising and marketing, creating virtual malls, stores, shops, creating shopping catalogues, providing secured payment processing, net commerce solutions for business to business and business to consumers, online trading in and outside India”

Ontic Finserve Ltd - 540386 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 32
Southern Infoconsultants LimitComputers - Software & ConsultingMention-only₹10 CrP/E 31.6 vs 16.0ROCE -2.0%

Company's vision/mission describes an upcoming 'informative and e-commerce portal' as future aspiration, with the current business stated as IT hardware/software and IT support services.

“The Company is in the process of launching its ambitious online portal which is a unique attempt dedicated to a particular segment of society, providing a single platform for all their needs.”

Southern Infoconsultants Ltd - 540174 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 3
+1 more quote from the report

“The company is exploring the opportunity in the e-commerce industry as well which is also showing quantum jumps. The Company expects to launch its unique informative cum e-commerce site shortly.”

Southern Infoconsultants Ltd - 540174 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 29
Haria ApparelsOther Textile ProductsMention-only₹8 CrP/E 16.6 vs 16.6ROCE 8.3%

The company cites organized e-retail expansion only as a market opportunity for its apparel distribution, not as an operated platform or material revenue source.

“E-commerce Expansion: The rapid expansion of organized e-retail networks offers an efficient direct-to-consumer channel to scale distribution footprint at minimal capital expenditure.”

Haria Apparels Ltd - 538081 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 36
Boston CommerceHealthcare Service ProviderMention-only₹7 CrROCE -933.7%

Company altered its Object Clause to permit future e-commerce and trading activities, but currently has no operations or revenue in this area — purely aspirational scope expansion.

“the Members also approved the alteration of the Object Clause of the Memorandum of Association, thereby enabling the Company to evaluate business opportunities in additional areas, including information technology and software services, agriculture and allied activities, real estate development, trading, e-commerce and other allied activities.”

Boston Commerce Ltd - 531458 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 21
Kahan PackagingPackagingMention-only₹3 CrP/E 1.2 vs 17.9ROCE 12.4%

Kahan Packaging supplies corrugated, protective, flexible and customised packaging products whose demand is supported by the growth of e-commerce and quick-commerce, presented as an industry opportunity rather than a distinct revenue driver.

“The growth of e-commerce and quick-commerce has increased the requirement for corrugated boxes, protective packaging, mailers, tamper-evident solutions, labels and right-sized packaging.”

Kahan Packaging Ltd - 543979 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 27
Sarup IndustriesFootwearMention-onlyROCE 1.0%

Footwear manufacturer cites e-commerce as an industry opportunity in its MDA but does not itself operate any e-commerce or quick-commerce platform.

“Use of e-commerce indirect marketing.”

Sarup Industries Ltd-$ - 514412 - Reg. 34 (1) Annual Report. · Sept 2026 · p. 30
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How this list is built

Definition used: Operates e-commerce or quick-commerce platforms, or earns materially from supplying/enabling them (dark stores, delivery logistics, e-commerce roll-ups). Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.