The share price of Eternal (formerly Zomato) surged 10% in the early trade today after the company posted its Q1FY26 results on July 21. While the bottom line disappointed with a sharp fall in profit, the stock still ended Monday with a strong rally, touching a five-month high of Rs 276.80.
Let’s take a look at the stock performance of the company so far and other key takeaways that investors should not miss post the Q1FY26 result.
Eternal share price hits 5-month highs
The Eternal share price surged nearly 8% on July 21, closing at Rs 276.80, the highest level in five months. This comes even though the company posted a 90% year-on-year fall in net profit, with Q1 FY26 profit standing at just Rs 25 crore, down from Rs 253 crore a year ago.
Eternal’s share price up nearly 30% in 2025
Despite some ups and downs, Eternal’s share price has been on a steady upward trajectory. It’s up nearly 3% over the past week, 10% in the past month, and about 30% year-to-date. The market capitalisation of the company as of now stands at 2.46 lakh crore. The 52 week high of the company is Rs 277.75 per share and low is at Rs 209.86 per share.
Eternal Q1 Revenue growth
The silver lining for this rally in the price is that the company’s revenue is booming. Eternal’s operating revenue jumped 70% YoY to Rs 7,167 crore. This growth in revenue was mainly driven by the growth of its quick commerce business, Blinkit. In fact, for the first time ever, Blinkit overtook food delivery in terms of order value.
Blinkit leads charge with 127% growth
Blinkit is now the star of Eternal’s portfolio. During the quarter, the platform added 243 new stores and saw its Net Order Value (NOV) rise 127% compared to the same period last year. The company is also shifting Blinkit to an inventory-led model, which is expected to improve margins going forward.
Eternal profitability under pressure
While revenue grew, adjusted EBITDA dropped 42% YoY to Rs 172 crore due to higher investments in Blinkit and the company’s “going-out” offerings. CEO Deepinder Goyal said, “I think the YoY growth is likely to bottom out now..NOV growth for FY26 may stay under 20%, but we hope to trend back towards it by FY27.”
