Preview: India's Eternal dips ahead of fourth quarter results

Eternal

28/04/2026 05:23

** Shares of India's Eternal ETEA.NS fall 1.6% to 251.15 rupees ahead of fourth quarter results

** Analysts on an average expect revenue to rise 3x y/y to 182.81 billion rupees ($1.94 billion) - data compiled by LSEG

** HDFC Securities expects food delivery and quick commerce businesses to clock a 18% and 100% y/y growth, respectively

** Jefferies sees Blinkit' s net order value to grow - a key metric to track underlying demand - in the low double digits, with EBITDA continuing to improve quarter on quarter

** Recent LPG shortages have led to menu limits, but volumes are largely unaffected so far; however, margins could come under pressure from higher fulfilment costs - Institutional research

** ETEA rated "buy" on average by 31 analysts, median PT at 370 rupees - data compiled by LSEG

** YTD stock down 11.34%

($1 = 94.4200 Indian rupees)

(Reporting by Surbhi Misra and Urvi Dugar in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))