Eternal Ltd. News and Updates

Name: Latest research reports of Eternal Ltd. authored by Anand Rathi and published by - Trendlyne research reports.
Item: Eternal Ltd.
Rating: 5
Author: Anand Rathi

Keep track of all breaking news on Eternal Ltd. from all sources in a single place.

Eternal Ltd.

22 May 2025, 11:28AM

239.30

4.49%

Zomato adds new charges for long-distance deliveries; restaurants unhappy

Business Standard

In addition to the new delivery fee, Zomato has also asked some restaurants to sign new agreements reflecting a name change of its parent company to 'Eternal'

Eternal Ltd. is trading below its 150 day SMA of 243.5

Eternal Ltd.

21 May 2025, 07:14PM

239.30

4.49%

CCPA likely to direct Zomato, Swiggy to revise cancellation, refund policy

Business Standard

The consumer watchdog took suo-motu cognisance of unfair practices in 2024 and is now likely to direct Zomato and Swiggy to revise refund and cancellation policies

Eternal Ltd.'s price crossed above 100Day SMA today

Eternal Ltd.

17 May 2025

239.30

4.49%

Zomato's parent firm inks 5-yr office lease deal in Andheri for Rs 95 cr

Business Standard

The lease agreement spans five years, featuring a fixed monthly rent of Rs 160 per sq ft for the first three years, followed by a 15 per cent escalation thereafter

Eternal Ltd. is trading above its 100 day SMA of 229.5

Eternal Ltd.

16 May 2025

239.30

4.49%

Zomato, Swiggy shares rise up to 3% as platforms drop rain surcharge waiver for members

Economic Times

Zomato and Swiggy shares increased as they removed the rain surcharge waiver from membership programs, impacting even paying subscribers. This move aims to support delivery partners during adverse weather and enhance profitability, especially with losses in quick commerce. Zomato's food delivery EBITDA rose 55% YoY, while Swiggy's jumped fivefold, highlighting the sector's importance.

Eternal Ltd. has an average target of 265.43 from 7 brokers.

Eternal Ltd.

03 May 2025

239.30

4.49%

Strong show in Blinkit despite aggressive expansion & heightened competition; retaining a Buy

Buy: Eternal Ltd.

Anand Rathi

Exceeding estimates, Eternal’s Q4 saw strong execution in Blinkit, with the GOV growing ~20.8% q/q, 134% y/y, and the contribution margin expanding ~10bps q/q, which is encouraging, given heightened competition and aggressive dark store addition (~294 added; ~40% of the total 1,301 stores added in the last two quarters).

Eternal Ltd.'s price crossed above 100Day SMA today

Eternal Ltd.

02 May 2025

239.30

4.49%

Eternal Q4 Review: Brokerages Largely Positive On Zomato Parent Despite Q4 Profit Miss

NDTV Profit

Despite cuts to earnings or multiples, all brokerages retained a positive view. Citi, Nomura, and JPMorgan reiterated their 'buy' calls. Jefferies alone chose to "stay on the sidelines."

Eternal Ltd. has an average target of 265.43 from 7 brokers.

Zomato's parent Eternal Q4 net profit falls 78% to 39 cr, revenue up 64%

Business Standard | 01 May 2025 4 more

Eternal Ltd.

02 May 2025

239.30

4.49%

Despite Q4FY25 profit beat, management sounded cautious on competition

Buy: Eternal Ltd.

Target

ICICI Securities Limited

Adjusted EBITDA profitability in Q4FY25 was above our estimates (act. INR 0.7bn vs. est. INR 0.1bn). This was achieved by containing quick commerce (QC) losses despite adding 294 dark stores and 1mn sq.ft. warehousing space in a quarter with seasonally lower AOV (-5.9% QoQ).

Eternal Ltd. has an average target of 265.43 from 7 brokers.

Eternal Ltd.

02 May 2025

239.30

4.49%

Inline Q4; competition drags QC profitability

Buy: Eternal Ltd.

Target

Emkay

Eternal delivered broadly inline operating performance in Q4. Revenue grew 7.9% QoQ, better than our estimate, led by Quick Commerce (QC) and Hyperpure. Food Delivery GOV saw a decline of 1.4% QoQ, due to persistent sluggishness in the demand environment, temporary shortage of delivery partners owing to high demand in QC, and increased competition from packaged food delivery in QC.

Eternal Ltd.'s price crossed above 100Day SMA today

Eternal Ltd.

02 May 2025

239.30

4.49%

Result Update:Eternal Ltd

Hold: Eternal Ltd.

Recommendation Target

Axis Direct

We believe near-term profitability is likely to impact margins owing to increased competition. Hence, we downgrade the stock to HOLD.

Eternal Ltd. has an average target of 265.43 from 7 brokers.

Eternal Ltd.

01 May 2025

239.30

4.49%

Blinkit profits remain elusive

Buy: Eternal Ltd.

Target

Motilal Oswal

Eternal reported 4QFY25 revenues of INR58b, up 8% QoQ, in line with our estimate. Growth was led by Blinkit (GOV up 20% QoQ/134% YoY). The food delivery business delivered 16% YoY growth in GOV with a steady increase in margins.