Eternal

Indicators

12 bullish · 5 neutral · 4 bearish

Verdict

Quick commerce fuels rapid scale and turns profitable, while food delivery delivers steady margins amid heavy infrastructure investment.

Why

• •Quick commerce revenue surged from ₹2,400 Cr to ₹15,664 Cr over five quarters, with EBITDA flipping from a ₹162 Cr loss to a ₹102 Cr profit as store count expanded to 2,443.
• •India food ordering and delivery maintains healthy unit economics, growing EBITDA from ₹451 Cr to ₹606 Cr and lifting margins from 5.0% to 5.6% alongside a growing customer base.
• •Consolidated cash flow remains strong at ₹905 Cr, but heavy capital expenditure (₹711 Cr) and rising inventory levels (₹3,060 Cr) are tying up working capital.
• •The Going Out segment continues to operate at a loss, with EBITDA remaining negative at ₹65 Cr despite a modest revenue increase to ₹318 Cr.

Signals