Eternal Limited — Cyborg Score 7/10

Strong
Online Food Delivery, Quick Commerce, and Digital Entertainment Services

Strategic Profile

Many users engage with multiple Eternal brands, ordering food from Zomato, groceries from Blinkit, and booking tables via District, with the company actively cross-linking products across apps to deepen customer engagement and retention. Hyperpure, the restaurant supply business, showed 33% YoY growth with positive Adjusted EBITDA margin for the first time.

Cyborg Score Rationale

Net profit jumped 72.88% YoY to ₹102 Cr in Q3 FY26. FY25-26 revenue reached ₹21,320 crore with profit of ₹527 crore. The company expects losses to reduce sequentially towards breakeven in 4-6 quarters across key segments.

Top Insights

  • Deepinder Goyal resigned as CEO effective February 1, 2026, with Albinder Dhindsa (Blinkit CEO) appointed as new Group CEO; Goyal transitioned to Vice Chairman.
  • District is expected to become a $3 billion NOV business with 5% Adjusted EBITDA margin by FY30.
  • Eternal shares surged 6% to three-month high; stock up 29.35% in six months.
  • Company launched AI-powered hotline to simplify delivery partner onboarding.

Named Competitors

  • Swiggy — Food delivery and quick commerce platform
  • Uber Eats — Global food delivery service
  • Dunzo — Quick commerce and delivery services

Recent Developments

  • (February 2026) AI-powered hotline launched to simplify delivery partner onboarding.
  • (February 2026) CEO Deepinder Goyal resigned; Albinder Dhindsa appointed as new Group CEO effective Feb 1.
  • (January 2026) Dissolved step-down subsidiary Zomato Netherlands B.V.

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