Synopsis: Eternal Ltd, parent of Zomato and Blinkit, saw a Rs. 1,535 crore block deal as 5.3 crore shares (0.54% of equity) changed hands at Rs. 290.4 each, amid a market dip to Rs. 286.70 per share.
This company is one of the leading online Food Service platforms in terms of the value of food sold. Its offerings include food delivery, dining-out services, Loyalty programs and is now in the spotlight after a block deal took place worth of Rs. 1,500cr.
With market capitalization of Rs. 2,77,777 cr, the shares of Eternal Ltd are currently trading at Rs. 287 per share, dropping by 2% in today’s market session making a low of Rs. 286.70, from its previous close of Rs. 292.40 per share.
Block Deal
Eternal Ltd, the parent company of Zomato and Blinkit, witnessed a significant market block trade on Monday, with 5.3 crore shares, representing about 0.54% of its total equity, being exchanged. The shares were transacted at Rs. 290.4 each, putting the total value of the deal at approximately Rs. 1,535 crore, according to stock exchange data.
About the company
Eternal Limited is an Indian publicly listed tech and e-commerce company that operates a diversified portfolio of businesses across food delivery, quick commerce, B2B supplies, and events.
Its key units include a food-ordering platform, a quick-commerce app, a B2B ingredients supplier for restaurants, and services for event ticketing and bookings. The company rebranded to “Eternal” in 2025 to reflect its evolution from a standalone food-delivery app into a broader tech-driven commerce and services conglomerate.
On a year-on-year (YoY) basis, the company reported sales of Rs. 13,590 crore for Q2FY26, up 183% from Rs. 4,799 crore in Q2FY25. EBITDA rose modestly by 6%, reaching Rs. 239 crore compared to Rs. 226 crore a year ago.
However, net profit declined sharply by 63% YoY, falling to Rs. 65 crore from Rs. 176 crore, while earnings per share (EPS) dropped 65%, standing at Rs. 0.07 versus Rs. 0.20 in the same period last year.
Written by Manideep Appana
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