Eternal Q4FY26: Strong growth across verticals, management reiterates margin guidance

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

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AI summary

Eternal (formerly Zomato) reported Q4FY26 consolidated adjusted revenue of INR 17,680 crore (+186% YoY) and adjusted EBITDA of INR 429 crore (+160% YoY). Blinkit NOV grew 95.4% YoY to INR 14,386 crore with 2,243 stores; management more confident in reaching 5-6% steady-state EBITDA margin. Food delivery NOV grew 18.8% YoY with EBITDA margin at 5.5%. District (going-out) NOV grew 46.5% YoY. Cash balance stands at INR 17,972 crore. Guides to $1B EBITDA by FY29, District $3B NOV by FY30.

Likely market impact

Strong Q4 with margin improvement across segments; multi-year growth and profitability targets reaffirmed, supporting positive long-term outlook.