Eternal (NSE: ETERNAL), also known for its popular platform Zomato, is a leading online food delivery and restaurant discovery company in India. It connects users with restaurants for food ordering, dining, and quick delivery services. The company focuses on digital convenience, fast delivery, and customer experience. It generates revenue from food orders, ads, and restaurant partnerships. It is a strong player in the online food delivery market and attracts investors seeking high-growth internet stocks, food tech companies, and digital platform investments in India with long-term expansion potential.
Eternal (Zomato) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹2,91,778 Cr |
| ROE | 1.18% |
| P/E Ratio (TTM) | 671.89 |
| EPS (TTM) | 0.45 |
| P/B Ratio | 9.41 |
| Dividend Yield | 0.00% |
| Industry P/E | 124.16 |
| Book Value | 32.14 |
| Debt to Equity | 0.15 |
| Face Value | 1 |
Eternal Share Price Target 2026
Eternal share price target for 2026 is expected to range from ₹250 to ₹350. Here are three key factors that could affect the company’s share price in 2026:
- Strong Dominance in Online Food Delivery: Eternal leads the Indian online food delivery sector through its famous Zomato platform. Thousands of families and young workers order daily meals using this popular smartphone app. As urban cities grow and people search for quick meals, total order numbers keep increasing steadily. High order volumes bring strong revenue, which helps push the company stock price upward.
- Rapid Growth of Blinkit Quick Commerce: The company owns Blinkit, a fast delivery service that supplies groceries and household goods within minutes. Millions of busy shoppers prefer ordering daily essentials online instead of visiting local stores. As Blinkit opens new fulfillment centers and increases daily orders, it generates massive sales growth. Investors closely track this quick commerce progress when pricing the company’s share.
- Collection of Platform Fees and Commissions: It earns money by charging small platform fees to app users and commission fees to partner restaurants. Every time a customer places a food order, the company collects a percentage of the total bill. Increasing these tiny extra charges boosts total profit margins without raising costs, creating steady income that attracts institutional buyers to the stock.
Eternal Share Price Target 2027
Eternal share price target for 2027 is expected to range from ₹3 to ₹5. Here are three key factors that could affect the company’s share price in 2027:
- Expansion of Hyperpure Business Supply: Hyperpure is the company’s business service that supplies fresh ingredients directly to partner restaurants. It sells high-quality vegetables, meats, and kitchen items at fair wholesale prices. By connecting farmers directly to eateries, Hyperpure creates a reliable supply chain. Growing sales in this business branch help diversify revenue sources, making the share price far more stable.
- Expansion into Smaller Indian Cities: Eternal is expanding its food and grocery delivery networks beyond big metro areas into smaller towns. Millions of people living in Tier Two and Tier Three cities are using online food delivery for the first time. Tapping into these new markets creates millions of fresh customers, expanding total business scale and driving long-term share price appreciation.
- Launch of New Lifestyle and Event Services: The company created a new brand section called District to handle ticket sales, dining out, and entertainment events. This new service allows users to book movie tickets, concerts, and restaurant tables within one app. Diversifying into lifestyle experiences increases customer engagement, opens up fresh profits, and builds investor excitement about future company earnings potential.
Eternal Share Price Target 2030
Eternal share price target for 2030 is expected to range from ₹800 to ₹900. Here are three key factors that could affect the company’s share price in 2030:
- Smart Use of Consumer Data and Technology: Eternal uses advanced computer algorithms to predict what food users like and optimize delivery routes for riders. Smart technology helps delivery drivers find the fastest paths, reducing fuel costs and speeding up orders. Satisfied customers keep coming back because their orders arrive quickly, improving brand loyalty and supporting higher valuation multiples on stock markets.
- Strategic Partnerships with Restaurants and Brands: The company forms strong partnerships with famous restaurant chains and major food brands. These partner eateries offer exclusive discounts and special deals only on the company app. Unique food offers attract thousands of active users away from competitors. Stable business relationships keep food choices exciting for consumers, which keeps overall company trading revenue growing year after year.
- Turning Consistently Profitable and Debt-Free Status: The company has shifted from burning cash to generating net profit across its main operations. The management keeps money reserves high while maintaining virtually zero long-term debt. Having clean financial books reduces risk for big investment funds. As net profit margins improve every quarter, financial strength builds confidence among traders, keeping share demand high.
Eternal Share Price Target 2040
Eternal share price target for 2040 is expected to range from ₹1800 to ₹2800. Here are three risks & challenges that could affect the company’s share price in 2040:
- Tough Competition from Swiggy and Zepto: The company faces fierce competition from rival apps like Swiggy and Zepto in quick commerce and food delivery. To keep customers from switching to competing apps, Eternal must offer big discounts and spend heavily on advertising. Fighting price wars reduces profit margins, making it harder for the company stock to maintain steady profit growth.
- High Dark Store Expansion Costs for Blinkit: Expanding the Blinkit network requires opening hundreds of small neighborhood warehouses called dark stores. Buying inventory, paying rent, and hiring staff for these centers costs massive amounts of cash upfront. If new dark stores fail to get enough daily orders to cover expenses, heavy operational losses will drag down the total profit of the company.
- Government Regulations on Gig Worker Rules: Thousands of delivery riders work as independent contractors rather than permanent employees. Government authorities are discussing new laws that might force companies to pay delivery workers medical insurance, pension benefits, and minimum wages. If government rules change, worker compliance costs will shoot up dramatically, squeezing net earnings and creating serious financial worry for company shareholders.
Eternal Share Price Target 2050
Eternal share price target for 2050 is expected to range from ₹5400 to ₹7400. Here are three risks & challenges that could affect the company’s share price in 2050:
- Tax Disputes and Legal Notice Challenges: Eternal faces ongoing legal tax disputes regarding goods and services tax on delivery charges. Tax authorities have sent large tax demand notices asking for huge extra payments. If courts order the company to pay these unexpected tax penalties, it would lose substantial cash reserves. Sudden legal payments hurt quarterly financial results and cause stock price drops.
- Very High Stock Price Valuation Expectations: The company stock trades at extremely high valuation multiples compared to its actual earnings. Stock buyers expect revenue and profit to grow very fast without any mistakes. If quarterly sales slow down even a little bit, disappointed investors might sell their holdings quickly. High stock valuation leaves zero room for error, causing extreme share price volatility.
- Food Safety Issues and Restaurant Partner Conflicts: Maintaining high food safety and hygienic delivery standards is a constant operational challenge. If partner restaurants serve spoiled food or deliver late, frustrated customers blame the delivery app. Social media backlash or negative public reviews harm the brand reputation quickly. Losing user trust directly reduces active app orders, hurting company revenues and depressing stock value.
Eternal Share Price Target 2026 To 2050
| Year | Target Price (₹) |
|---|---|
| 2026 | 250 to 350 |
| 2027 | 350 to 450 |
| 2028 | 450 to 600 |
| 2029 | 600 to 750 |
| 2030 | 800 to 900 |
| 2040 | 1800 to 2800 |
| 2050 | 5400–7400 |
Also Read: Shanti Gold International Share Price Target
Eternal (Zomato) Shareholding Pattern
| Category | Holding |
|---|---|
| Foreign Institutions | 42.34% |
| Retail and Others | 31.07% |
| Mutual Funds | 21.59% |
| Other Domestic Institutions | 5.00% |
Eternal (Zomato) Key Competitors
Swiggy, Uber Eats, DoorDash, Grubhub, Deliveroo, Just Eat Takeaway, Dunzo, Blinkit, Amazon Food, and Ola Dash.
Disclaimer: All the information provided in this article is for educational and infomational purposes only. DateUpdateGo always advises seeking guidance from a certified financial advisor before making any investment-related decisions.
