Eternal Limited
NSE: ETERNAL · E-Retail/ E-Commerce · sector
₹325.55NSE close 2026-10-26
Key numbers
Market cap₹2,99,832 cr
Price₹325.55
52w high / low₹344 / ₹213
P/E602.9xSector median 13.4x
P/B9.6xSector median 3.1x
Book value₹34.0
Dividend yield–
ROE1.6%Sector median 1.3%
ROCE4.9%Sector median 3.0%
OPM2.8%Sector median 2.6%
Debt / equity0.00xSector median 0.01x
EV/EBITDA134.9xSector median 28.7x
Interest cover2.8x
Current ratio1.85x
Sales growth 3y+97.3%Sector median +40.6%
Profit growth 3y–Sector median +66.9%
PEG3.72x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 15 companies in E-Retail/ E-Commerce (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6,614 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 2.8x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 287% of net profit in the last 12 months.
- Debtor days went from 24 (FY24) to 12 (FY26).
- No dividend in the last 5 financial years.
- Price ₹325.55 on 2026-10-26: -5.5% from the 52-week high, +53.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹348.30 · low ₹209.81
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,405 | 5,833 | 7,167 | 13,590 | 16,315 | 17,292 | 20,211 | 24,138 |
| EBITDA | 162 | 72 | 115 | 239 | 368 | 486 | 594 | 752 |
| OPM % | 3.0% | 1.2% | 1.6% | 1.8% | 2.3% | 2.8% | 2.9% | 3.1% |
| Other income | 252 | 368 | 354 | 352 | 348 | 342 | 375 | 351 |
| Net profit | 59 | 39 | 25 | 65 | 102 | 174 | 92 | 125 |
| EPS (₹) | 0.07 | 0.04 | 0.03 | 0.07 | 0.11 | 0.19 | 0.10 | 0.14 |
| Revenue YoY | +201.9% | +196.5% | +182.0% | +77.6% | ||||
| Profit YoY | +72.9% | +346.2% | +268.0% | +92.3% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,192 | 7,079 | 12,114 | 20,243 | 54,364 | 77,956 |
| EBITDA | -1,553 | -1,210 | 42 | 637 | 1,208 | 2,200 |
| Net profit | -1,209 | -971 | 351 | 527 | 366 | 493 |
| EPS (₹) | -1.67 | -1.20 | 0.41 | 0.60 | 0.40 | 0.54 |
| Revenue growth | +68.9% | +71.1% | +67.1% | +168.6% | +143.7% | |
| Profit growth | – | – | +50.1% | -30.6% | +162.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +97.3% | – | +143.7% |
| Net profit | – | – | +162.2% |
| EPS | – | – | – |
| Share price | – | – (2y) | -7.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 19,460 | 20,413 | 30,317 | 30,980 |
| Borrowings | – | 40 | 0 | 0 | 0 |
| Cash & equivalents | – | 5,502 | 2,011 | 5,886 | 6,614 |
| Total assets | – | 21,599 | 23,356 | 35,623 | 40,736 |
| Fixed assets | – | 208 | 287 | 965 | 2,033 |
| Capital work in progress | – | 8 | 18 | 51 | 136 |
| Investments | – | 2,280 | 10,365 | 10,920 | 9,742 |
| Receivables | – | 457 | 794 | 1,946 | 1,764 |
| Inventory | – | 83 | 88 | 176 | 2,181 |
| Payables | – | 680 | 886 | 1,536 | 3,010 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -693 | -844 | 646 | 308 | 632 |
| Cash from investing | -7,938 | 457 | -347 | -7,993 | 536 |
| Cash from financing | 8,750 | -127 | -207 | 8,042 | -842 |
| Capex | 59 | 103 | 215 | 936 | 1,751 |
| Free cash flow | -752 | -947 | 431 | -628 | -1,119 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -5.0% | 1.7% | 1.7% | 1.2% |
| ROCE % | – | -5.0% | 1.8% | 2.8% | 3.3% |
| Debtor days | – | 24 | 24 | 35 | 12 |
| Inventory days | – | 22 | 11 | 12 | 26 |
| Payable days | – | 178 | 112 | 101 | 36 |
| Cash conversion cycle (days) | – | -132 | -77 | -54 | 2 |
| Working capital days | – | 484 | 102 | 151 | 67 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 33.01% |
| DIIs | 36.22% |
| of which Mutual funds | 28.74% |
| of which Insurance | 4.09% |
| Government | 0.00% |
| Public (non-institutions) | 26.24% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| Info Edge (India) Limited | 12.38% |
| Foodie Bay Employees Esop Trust | 4.53% |
| Deepinder Goyal | 4.40% |
| Hdfc Trustee Company Limited-Hdfc Flexi Cap Fund | 4.12% |
| Sbi Nifty 50 Etf | 3.48% |
| Kotak Flexicap Fund | 2.59% |
| Icici Prudential Balanced Advantage Fund | 2.41% |
| Nippon Life India Trustee Ltd-A/C Nippon India Etf Nifty 50 Bees | 2.28% |
| Uti-Flexi Cap Fund | 2.07% |
| Nps Trust- A/C Sbi Pension Fund Scheme - State Govt | 1.88% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Large Cap Fund | 1.87% |
| Camas Investments Pte. Ltd. | 1.74% |
| Motilal Oswal Midcap Fund | 1.71% |
| Sbi Life Insurance Co. Ltd | 1.19% |
| Government Of Singapore | 1.18% |
21,26,951 shareholders. Pledged: – of promoter shares.
Peers in E-Retail/ E-Commerce
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ETERNAL | ₹2,99,832 cr | 602.9x | 9.6x | 1.6% | 4.9% | 2.8% | +97.3% | – |
| MEESHO | ₹99,012 cr | – | 22.6x | -30.9% | -27.4% | -12.9% | – | – |
| NYKAA | ₹94,495 cr | 370.6x | 65.7x | 18.7% | 24.2% | 7.8% | +24.9% | – |
| SWIGGY | ₹48,666 cr | – | 2.7x | -26.3% | -19.2% | -11.8% | – | – |
| URBANCO | ₹20,113 cr | – | 10.2x | -21.5% | -17.3% | -23.2% | – | – |
| CARTRADE | ₹13,553 cr | 58.2x | 5.5x | 9.8% | 12.9% | 33.1% | +28.9% | – |
| FIRSTCRY | ₹7,966 cr | – | 1.6x | -2.6% | 0.2% | 2.6% | – | – |
| SHIPROCKET | ₹7,639 cr | – | – | – | – | – | – | – |
| RTNINDIA | ₹3,185 cr | – | 3.6x | -73.0% | – | – | +64.7% | – |
| ROBU | ₹939 cr | 38.4x | 11.0x | 35.0% | 43.9% | 11.7% | +56.8% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Quick commerce | ₹37,779 cr | 69.5% | ₹430 cr | 1.1% |
| India food ordering and delivery | ₹10,159 cr | 18.7% | ₹2,079 cr | 20.5% |
| Hyperpure supplies (B2B business) | ₹5,366 cr | 9.9% | ₹16 cr | 0.3% |
| Going Out | ₹973 cr | 1.8% | ₹-292 cr | -30.0% |
| All other segments (Residual) | ₹87 cr | 0.2% | ₹-206 cr | -236.8% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information Service Activities (NIC Code: 63999): Other information & communication service activities
| Sector | Consumer Discretionary |
| Industry | E-Retail/ E-Commerce |
| Sub-industry | E-Retail/ E-Commerce |
| Symbol | ETERNAL |
| BSE code | 543320 |
| ISIN | INE758T01015 |
| Face value | ₹1.0 |
| Incorporated | 2010-01-18 |
| Website | www.eternal.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.