Archive · 23 Jul 2026
Eternal Shares Rise on Bullish Brokerage Views
Eternal Ltd, the company that owns Zomato, saw its stock price go up by more than 4% after it released its earnings for the first three months of the fiscal year.
Even though the company made less profit than expected, investors were happy because the company is doing well in food delivery and quick commerce.
The company's revenue grew a lot compared to last year, and experts think the company will keep doing well in the future.
Eternal Ltd's stock rose over 4% following positive brokerage views.
The company reported a net profit of Rs 92 crore for Q1 FY27, down 47% sequentially but up from Rs 25 crore year-on-year.
Revenue grew 17% quarter-on-quarter to Rs 20,211 crore, exceeding estimates.
EBITDA rose 22% sequentially to Rs 594 crore, with a slight margin improvement to 2.9%.
Brokerages remain bullish, citing strong operational execution and future growth potential.
- Who
- Eternal Ltd, parent company of Zomato
- What
- Stock price rise due to positive brokerage views
- When
- June quarter earnings
- Where
- India
- Why
- Strong operational execution and future growth potential
Bullish Investors
Bearish Investors
Profit Performance
Bullish Investors
Investors focus on strong operational execution and future growth potential.
Bearish Investors
Concerns about the 47% sequential decline in profit.
Revenue Growth
Bullish Investors
Revenue growth of 17% quarter-on-quarter and over 100% year-on-year is promising.
Bearish Investors
Revenue growth may not be sustainable given competitive pressures.
EBITDA and Margins
Bullish Investors
Improving EBITDA and margins indicate operational efficiency.
Bearish Investors
Margins remain low at 2.9%, raising concerns about profitability.
- Company
- Eternal Ltd
- Stock Price
- Rs 295
- Profit (Q1 FY27)
- Rs 92 crore
- Revenue (Q1 FY27)
- Rs 20,211 crore
- EBITDA (Q1 FY27)
- Rs 594 crore
- EBITDA Margin
- 2.9%