Eternal Ltd.
NSE: ETERNAL · Consumer Services
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Instant answers about Eternal Ltd. — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | 4,192 | 7,079 | 12,114 | 20,243 | 54,364 |
| EBITDA | -1,851 | -1,210 | 42 | 637 | 1,208 |
| Operating margin | -44.1% | -17.1% | 0.3% | 3.1% | 2.2% |
| Interest | 12 | 49 | 72 | 154 | 392 |
| Depreciation | 150 | 437 | 526 | 863 | 1,597 |
| Profit before tax | -1,221 | -1,014 | 291 | 697 | 615 |
| Tax | 2 | -44 | -60 | 170 | 249 |
| Net profit | -1,209 | -971 | 351 | 527 | 366 |
| EPS ₹ | -1.67 | -1.20 | 0.41 | 0.60 | 0.40 |
| Operating cash flow | -693 | -844 | 646 | 308 | 632 |
| Capex | 59 | 103 | 215 | 936 | 1,751 |
| Dividend paid | 0 | 0 | 0 | 0 | 0 |
| Total assets | 17,327 | 21,599 | 23,356 | 35,623 | 40,736 |
| Equity | 16,506 | 19,460 | 20,413 | 30,317 | 30,980 |
Quarterly performance
last 22 quarters · ₹ crore| JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 844 | 1,024 | 1,112 | 1,212 | 1,414 | 1,661 | 1,948 | 2,056 | 2,416 | 2,848 | 3,288 | 3,562 | 4,206 | 4,799 | 5,405 | 5,833 | 7,167 | 13,590 | 16,315 | 17,292 | 20,211 | 24,138 |
| Operating profit | -376 | -536 | -489 | -450 | -307 | -311 | -366 | -225 | -48 | -47 | 51 | 86 | 177 | 226 | 162 | 72 | 115 | 239 | 368 | 486 | 594 | 752 |
| Operating margin | -44.6% | -52.3% | -44.0% | -37.1% | -21.7% | -18.7% | -18.8% | -11.0% | -2.0% | -1.7% | 1.6% | 2.4% | 4.2% | 4.7% | 3.0% | 1.2% | 1.6% | 1.8% | 2.3% | 2.8% | 2.9% | 3.1% |
| Other income | 72 | 137 | 148 | 138 | 168 | 170 | 173 | 170 | 181 | 212 | 219 | 235 | 236 | 221 | 252 | 368 | 354 | 352 | 348 | 342 | 375 | 351 |
| Interest | 3 | 3 | 3 | 2 | 5 | 12 | 16 | 16 | 18 | 16 | 18 | 20 | 25 | 30 | 43 | 56 | 67 | 86 | 107 | 132 | 151 | 155 |
| Depreciation | 36 | 38 | 39 | 38 | 42 | 107 | 155 | 134 | 130 | 128 | 128 | 140 | 149 | 180 | 247 | 287 | 314 | 376 | 439 | 468 | 546 | 625 |
| Profit before tax | -359 | -435 | -67 | -360 | -186 | -260 | -364 | -204 | -15 | 21 | 124 | 161 | 239 | 237 | 124 | 97 | 88 | 129 | 170 | 228 | 272 | 323 |
| Tax | 2 | 0 | 0 | 0 | 0 | -10 | -17 | -17 | -17 | -15 | -14 | -14 | -14 | 61 | 65 | 58 | 63 | 64 | 68 | 54 | 180 | 198 |
| Net profit | -356 | -430 | -63 | -360 | -186 | -251 | -347 | -188 | 2 | 36 | 138 | 175 | 253 | 176 | 59 | 39 | 25 | 65 | 102 | 174 | 92 | 125 |
| EPS ₹ | -0.56 | -0.59 | -0.08 | -0.47 | -0.24 | -0.31 | -0.42 | -0.23 | 0.00 | 0.04 | 0.16 | 0.20 | 0.29 | 0.20 | 0.07 | 0.04 | 0.03 | 0.07 | 0.11 | 0.19 | 0.10 | 0.14 |
| Revenue YoY | — | — | — | — | 67.4% | 62.2% | 75.2% | 69.7% | 70.9% | 71.4% | 68.8% | 73.2% | 74.1% | 68.5% | 64.4% | 63.8% | 70.4% | 183.2% | 201.9% | 196.5% | 182.0% | 77.6% |
| Profit YoY | — | — | — | — | — | — | — | — | — | — | — | — | 12550.0% | 388.9% | -57.2% | -77.7% | -90.1% | -63.1% | 72.9% | 346.2% | 268.0% | 92.3% |
Returns & margins
trailing-twelve-month, per quarter| MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -7.3% | -6.3% | -4.4% | -5.8% | -5.0% | -4.0% | -2.5% | -0.1% | 1.7% | 2.9% | 3.5% | 3.1% | 1.7% | 1.0% | 0.6% | 0.7% | 1.2% | 1.4% | 1.6% |
| ROCE | -7.3% | -6.3% | -4.3% | -5.7% | -5.0% | -4.0% | -2.5% | -0.0% | 1.8% | 3.1% | 4.0% | 4.1% | 2.8% | 2.4% | 2.2% | 2.6% | 3.3% | 4.1% | 4.9% |
| Net margin | -28.8% | -21.8% | -15.9% | -18.3% | -13.7% | -9.7% | -5.4% | -0.1% | 2.9% | 4.3% | 4.7% | 3.7% | 2.6% | 1.3% | 0.6% | 0.5% | 0.7% | 0.6% | 0.6% |
| EBITDA margin | -44.1% | -37.4% | -28.8% | -23.0% | -17.1% | -11.8% | -7.4% | -2.5% | 0.3% | 1.9% | 3.4% | 3.6% | 3.1% | 2.5% | 1.8% | 1.9% | 2.2% | 2.5% | 2.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest coverage | -100.73 | -76.02 | -37.97 | -32.04 | -19.83 | -12.65 | -7.53 | -0.10 | 5.04 | 7.90 | 9.18 | 7.45 | 5.53 | 3.79 | 2.74 | 2.53 | 2.57 | 2.68 | 2.82 |
| Asset turnover | 0.24 | 0.27 | 0.25 | 0.29 | 0.33 | 0.37 | 0.42 | 0.48 | 0.52 | 0.60 | 0.63 | 0.71 | 0.57 | 0.65 | 0.84 | 1.13 | 1.33 | 1.65 | 1.73 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '21‡ | MAR '22‡ | SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | — | 764 | 834 | 836 | 845 | 868 | 872 | 907 | 910 | 919 | 921 |
| Other equity / reserves | 7,644 | 15,741 | 18,914 | 18,623 | 18,897 | 19,545 | 20,446 | 29,410 | 29,912 | 30,061 | 30,354 |
| Total equity | 8,099 | 16,506 | 19,747 | 19,460 | 19,742 | 20,413 | 21,318 | 30,317 | 30,822 | 30,980 | 31,275 |
| Borrowings | 1 | 0 | 61 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current liabilities | 518 | 712 | 1,184 | 1,441 | 1,685 | 2,083 | 2,665 | 3,326 | 4,211 | 5,672 | 8,682 |
| Non-current liabilities | 93 | 117 | 773 | 704 | 687 | 867 | 1,229 | 1,987 | 3,089 | 4,091 | 5,159 |
| Total assets | 8,704 | 17,327 | 21,697 | 21,599 | 22,108 | 23,356 | 25,205 | 35,623 | 38,115 | 40,736 | 45,109 |
| Property, plant & equipment | 23 | 51 | 208 | 208 | 218 | 287 | 513 | 965 | 1,431 | 2,033 | 3,040 |
| Capital work-in-progress | 0 | 1 | 14 | 8 | 12 | 18 | 59 | 51 | 116 | 136 | 296 |
| Investments | 2,205 | 4,718 | 4,657 | 6,765 | 10,719 | 11,645 | 11,708 | 13,192 | 14,758 | 14,833 | 14,662 |
| Inventories | 15 | 40 | 82 | 83 | 89 | 88 | 140 | 176 | 1,502 | 2,181 | 4,262 |
| Receivables | 130 | 160 | 302 | 457 | 563 | 794 | 1,375 | 1,946 | 1,470 | 1,764 | 2,007 |
| Cash & equivalents | 306 | 392 | 487 | 218 | 353 | 309 | 375 | 666 | 431 | 996 | 467 |
Cash flow
annual · ₹ crore · line = free cash flow| FY21‡ | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Cash from operations | -1,018 | -693 | -844 | 646 | 308 | 632 |
| Cash from investing | -5,244 | -7,938 | 457 | -347 | -7,993 | 536 |
| Cash from financing | 6,402 | 8,750 | -127 | -207 | 8,042 | -842 |
| Capex | 10 | 59 | 103 | 215 | 936 | 1,751 |
| Free cash flow | -1,028 | -752 | -947 | 431 | -628 | -1,119 |
| Dividends paid | — | 0 | 0 | 0 | 0 | 0 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Consumer Services · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Eternal Ltd. | 3,34,461 | 363.15 | 678.4 | 10.69 | 1.6% |
| Avenue Supermarts Ltd. | 2,23,396 | 3,425.00 | 71.7 | 8.56 | 11.9% |
| Trent Ltd. | 1,64,172 | 3,079.00 | 86.6 | 21.13 | 24.4% |
| Indian Hotels Co. Ltd. | 1,26,398 | 888.00 | 57.2 | 9.27 | 16.2% |
| Lenskart Solutions Ltd. | 1,26,056 | 724.75 | 161.6 | 13.52 | 8.4% |
| Meesho Ltd. | 1,08,067 | 233.48 | — | 25.69 | -21.9% |
| FSN E-Commerce Ventures Ltd. | 1,01,110 | 353.00 | 313.5 | 61.10 | 19.5% |
| Info Edge (India) Ltd. | 77,285 | 1,191.90 | 43.8 | 1.67 | 3.8% |
| Swiggy Ltd. | 50,087 | 191.17 | — | 2.95 | -21.1% |
| Vishal Mega Mart Ltd. | 44,037 | 94.00 | 77.0 | 5.58 | 7.2% |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
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FAQs
What is the share price of Eternal Ltd.?
Eternal Ltd. (ETERNAL) closed at ₹363.15 on NSE on 06 Nov 2026.
What is the market cap of Eternal Ltd.?
₹3,34,461 crore at the latest close.
What is the P/E ratio of Eternal Ltd.?
678.4, on trailing-twelve-month earnings from its filings.
How fast is Eternal Ltd. growing?
Eternal Ltd.: revenue has compounded at 97.3% a year over three years. Latest-quarter revenue is up 77.6% year on year, profit up 92.3%.
How profitable is Eternal Ltd.?
On a trailing-twelve-month basis return on equity is 1.6%, return on capital employed 4.9%, operating margin 2.8%, net margin 0.6%.
How much debt does Eternal Ltd. have?
Eternal Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹467 cr (balance sheet of 2026-09-30). Operating profit covers interest 2.8 times.
Financials parsed from Eternal Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '21, annual from FY22, balance sheet from Mar '21. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.