E

ETERNAL LIMITED

ETERNALNSE
Market snapshot · 2026-08-11 11:45 UTC

318.00

+₹7.75 (+2.50%)

MARKET CAP

₹2.93L Cr

STOCK P/E

676.6x

52W HIGH

₹368.45

52W LOW

₹212.60

BOOK VALUE

₹33.83

EPS

₹0.47

ROE

SECTOR

Communication Services

DEBT/EQUITY

14.83

VOLUME

2.07Cr

P/B RATIO

9.40x

PEG RATIO

2.90

Sector

Communication Services

Themes

Online ServicesEcommerce
E
Earnings
₹348.30₹315.15₹281.99₹248.84₹215.68VolumeEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Eternal Limited is an Indian online platform company connecting consumers, restaurants, merchants, and delivery partners. India Food Ordering and Delivery drives consumer transactions, while Quick Commerce expands rapid-delivery orders and Hyperpure supplies restaurants through B2B food ingredients. Going Out adds bookings across restaurants, theatres, sports facilities, and events. Recent competitive pressure, including concerns around Swiggy, could constrain order growth and sustain elevated customer-acquisition spending, worsening margins. Revenue grew 168.6% year-on-year, but profit declined 30.6%, indicating declining margins and weaker earnings quality. ROE is unavailable, while debt-to-equity of 14.83 implies extreme leverage that can distort and pressure shareholder returns. At 670.2 times earnings, the stock is significantly overvalued relative to its negative profit growth and declining margin trend. The investor case depends on whether Quick Commerce and food delivery can reach profitable scale before competition and leverage intensify balance-sheet risk.

Valuation Metrics

Trading 29.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.34). Confidence: 71%.

Live forward EPS implies next-12-month EPS of ₹3.83. Applying the stock's normalized valuation corridor produces a fair range of ₹1,544.41 to ₹2,276.48, with base value near ₹1,994.70 (+527.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹3.83

Forward P/E

83.0x

Base Fair Value

₹1,994.70

Fair Range

₹1,544.41 - ₹2,276.48

Upside To Base

+527.3%

Estimate Source

Live forward EPS

Growth Estimate

+233.3%

P/E
Strongly Overvalued

5Y Average

252.90

Current

676.60

Overvalued

594.38

Undervalued

403.24

P/S
Strongly Overvalued

5Y Average

2.35

Current

4.34

Overvalued

3.42

Undervalued

1.08

EV/EBITDA
Strongly Overvalued

5Y Average

88.31

Current

163.18

Overvalued

128.56

Undervalued

40.40

Peers & Comparison

Sector: Communication Services · Theme: Online Services

Online Services Peers5 peers
Avg P/E: 82.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SWIGGY LIMITED
SWIGGYOnline Services
+37.3%-15.0%
-29.1%
INDIAMART INTERMESH LTD
INDIAMARTOnline Services
+11.4%30.6%
21.8x
Undervalued
-73% vs avg
-30.4%
ONE 97 COMMUNICATIONS LTD
PAYTMOnline Services
+27.7%7.2%
146.2x
Premium
+78% vs avg
+41.4%
INFO EDGE (I) LTD
NAUKRIOnline Services
+15.9%44.1%
58.7x
Undervalued
-29% vs avg
-3.0%
PB FINTECH LIMITED
POLICYBZROnline Services
+40.1%10.2%
101.8x
Premium
+24% vs avg
-10.8%
WHY THESE PEERS

ETERNAL LIMITED trades at a premium (652.6x vs peer avg 82.1x), implying higher growth or quality expectations from the Online Services cohort. Peers include SWIGGY LIMITED, INDIAMART INTERMESH LTD, ONE 97 COMMUNICATIONS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹3.35K CrJun 2026

Latest net profit

₹585 CrJun 2026

Latest EPS

₹0.61Jun 2026

Net margin

8.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr850 Cr1.70K Cr2.55K Cr3.40K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr850 Cr1.70K Cr2.55K Cr3.40K Cr₹0₹0₹0₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr850 Cr1.70K Cr2.55K Cr3.40K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-13.50K Cr0.00 Cr13.50K Cr27.00K Cr40.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +1,4201,5961,7821,8242,0482,1512,2262,1922,4132,6502,8832,9533,349
Expenses +1,3071,4891,6091,6351,8311,8971,9321,9032,0892,2602,5042,6473,091
Operating Profit113107173189217254294289324390379306258
OPM %8%7%10%10%11%12%13%13%13%15%13%10%8%
Other Income +186229236230276269311393405436425537602
Interest545444446691320
Depreciation18171919192227294249555660
Profit before tax276315385396470497574649681771740774780
Tax %0%0%0%0%0%15%14%11%12%10%11%9%25%
Net Profit +276315384396470421494575602691657705585
EPS in Rs0.320.370.440.450.530.480.510.600.620.720.680.730.61
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
FIIs +42.34%39.04%36.24%32.61%29.09%
DIIs +26.49%30.04%32.61%35.88%39.21%
Government +0.10%0.10%0.10%0.10%0.11%
Public +25.17%25.12%25.47%26.68%26.99%
Others5.90%5.70%5.58%4.73%4.60%
Jun 2026
FIIs +
DIIs +
Government +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 31, 2026PDFCompany Reports Open

General Updates

Jul 30, 2026PDFCompany Reports Open

Notice Convening 16Th AGM Of The Company

Jul 29, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Jul 29, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 29, 2026PDFCompany Reports Open