Price History
Eternal Ltd's P/E ratio of 641.5, significantly higher than the industry average of 20.7, indicates a premium valuation. Despite outperforming the Sensex by 14.1% over the past year, its three-month performance has mirrored the market with a decline.
Eternal (previously Zomato) and Swiggy are grappling with increased margin challenges due to rising fuel costs and declining ad revenue, according to Elara Capital. The first quarter of the upcoming financial year could bring unexpected drops in order volume and growth rate for these food delivery platforms. However, a 30% electric vehicle (EV) penetration is helping them mitigate some exposure to higher fuel costs.
ICICI Securities predicts significant growth for digital businesses like Zomato, Swiggy, and Nykaa, estimating a potential market value of around $214 billion in eight identified internet stocks.
In a notable turn of events, Raymond Realty has experienced an impressive 6613% surge in profits in the fiscal year, outperforming other companies like Eternal Ltd which reported a 346% profit growth and Craftsman Automation Ltd with a 74% increase. Similarly, Lloyds Engineering Works and BHEL have also seen significant gains with respective rises of 137% and 156%. This suggests a strong financial performance across various industries in the market.
Retail investors continue to back the high-priced Eternal stock, with shares now trading 30% lower from their peak. Conversely, investor interest in Zomato remains strong, as share ownership has increased over the past two quarters despite a 13% drop in stock value.
Retail investors continue to back the high-priced Eternal stock, with shares now trading 30% lower from their peak. Conversely, investor interest in Zomato remains strong, as share ownership has increased over the past two quarters despite a 13% drop in stock value.
Motilal Oswal maintains a positive outlook for Eternal, suggesting investors consider buying the stock and predicting it could reach ₹340.
Investment firm Nomura maintains a positive outlook for Eternal, downgrading its target price from ₹380 to ₹340. Despite the adjustment, it continues to recommend buying shares in the company.
Zomato's Chief Financial Officer, Akshant Goyal, forecasts a significant 60% compound annual growth rate (CAGR) in the future. This optimistic outlook suggests a strong and sustained growth trajectory as discussed during the Q4 earnings call.
Brokerages have marked Zomato, Maruti Suzuki, Bandhan Bank, and Indus Towers as noteworthy stocks to watch due to their potential bullish or bearish performance. Investors should keep a close eye on these companies in the upcoming market movements.
Eternal's Q4 earnings saw a significant boost, with net profit increasing by an impressive 346% year-on-year, reaching ₹174 crore. The company also reported a robust 196% year-on-year growth in revenue, totalling ₹17,292 crore for the same period.
InCred has given a positive recommendation for Eternal (Zomato/Blinkit), setting a target price at ₹383. This endorsement is based on impressive year-over-year growth of around 20% and compounded annual growth rate (CAGR) of approximately 60%. However, it's important to consider potential risks such as intensifying competition that could affect the company's valuation.
Eternal's Q4 EBITDA of $4.86 billion surpassed expectations by $1 billion and increased significantly from the previous quarter, demonstrating strong financial performance. The company also reported an improved EBITDA margin of 2.81%, outpacing estimates and showing a quarterly improvement from 2.26%.
Investment firm Emkay remains bullish on Eternal, suggesting investors consider buying the stock. The forecasted price target of ₹370 implies a potential increase of around 46%, making it an appealing prospect for growth-focused portfolios.
Nuvama maintains a positive outlook for Eternal, recommending investors to buy, yet lowers its price forecast to ₹380.
Eternal Limited has officially endorsed its FY26 financial results, maintaining an unaltered auditor's viewpoint. The company also announced a significant INR 24.2 crore agreement to transfer technology assets and employees, marking a strategic move in the tech sector.
Macquarie has downgraded Eternal (Zomato/Blinkit) to 'Underperform' due to slowing growth, setting a target price of ₹200. The food delivery sector saw a 19% year-on-year increase, but the District segment shows a weak profitability margin of -3%, which is concerning.
Morgan Stanley maintains a positive outlook on Eternal, boosting its price target to ₹347, suggesting potential growth ahead. Investors may consider adding Eternal to their portfolios due to the firm's optimistic stance.
Eternal's Q4 net profit jumped by 67% compared to the previous quarter, reaching 1.7 billion rupees. However, this figure missed the estimated 1.91 billion, suggesting a discrepancy between actual and forecasted results.
Eternal Ltd, the company behind Zomato, is set to release its Q4 results on April 28th. Analysts predict a 7.5% increase in revenue from the previous quarter, amounting to approximately Rs 17,534 crore. Additionally, EBITDA is anticipated to surge by 20.7%, reaching Rs 444 crore. The company's focus will be on driving growth for Blinkit and expanding new store locations.
Eternal's shares plummeted to the day's low, suggesting caution from investors ahead of the Q4 earnings announcement. Investors are advised to keep a close eye on key performance indicators during the upcoming results release.
Investec prefers Zomato over Swiggy due to its superior scale, execution, and financial visibility, as stated in their new coverage. Zomato's Blinkit seems to be outperforming Swiggy's Instamart in the quick commerce sector, showing potential for stronger unit economics and profitability.
Eternal Ltd's astronomical Price-to-Earnings (P/E) ratio of 1084.3 significantly surpasses the industry average of 21.8, indicating high investor confidence and potential for growth. This Nifty 50 stock is making waves in market benchmarks due to noticeable changes in institutional holdings.
Zomato has abolished the price parity clause due to pushback from NRAI, a move aimed at ending the controversy over restrictions on restaurant pricing. Meanwhile, anticipation builds for Eternal's Q4 FY26 results as their profit in the December quarter jumped 73% and revenue tripled to 16,315 crores, largely thanks to their Blinkit model.
Eternal Ltd will convene a board meeting on the 28th of April, 2026, for reviewing their FY26 financial results. The earnings call is set for 5 PM IST, with details and a transcript to be posted on their website afterward.
Eternal Ltd's staggering P/E ratio of 1029, significantly higher than the industry average of 22.5, has sparked intrigue among investors due to its unusual valuation disparity. The company's Nifty 50 listing and institutional interest seem to be bolstering investor confidence despite a mix of performance metrics.
The Sensex experienced a significant increase of 1,207 points, pushing the Nifty index above the 24,200 mark. IndiGo's shares saw a substantial rise of 4%, while there was noticeable trading activity surrounding Eternal stocks.
Goldman Sachs maintains a positive outlook for Eternal Ltd, setting a target price of ₹350, despite concerns around competitor Blinkit's market size assessment. Despite the competitive pressure and growth challenges, Goldman believes that Eternal has potential margin expansion levers to navigate through this competition.
IndiGo's shares experience a drop at the market opening.
Despite hitting an intraday low, Eternal managed to recover by more than 3%. This suggests some resilience in the stock's performance amidst market fluctuations.
Swiggy, Nykaa, and Eternal report impressive revenue growth in Q4 FY26, with Swiggy's sales up by 21.6% and Nykaa's by 26%. On the other hand, Bharti Airtel and Jio anticipate steady growth, but Vodafone Idea could face subscriber losses due to challenges ahead. The 5G rollout and debt updates are crucial factors to watch out for.
Bernstein anticipates Zomato and Swiggy to enhance profitability by raising fees, potentially increasing EBITDA per order by 4-9%. The valuation discrepancy between Zomato ($12-14B) and Swiggy ($4-5B) in quick commerce suggests potential consolidation could narrow the gap.