ETERNAL543320Quick commerce, food
Eternal's Q2 earnings beat estimates with revenue growth of 37%, dark store target raised, and Hyperpure turning EBITDA positive; brokerages hiked target prices
By ScoutQuest · · 1 min read
- Revenue growth
- 37 percent
- Dark store target by March 2027
- 3,500 dark stores
- Dark store target by March 2028
- 5,000 dark stores
- Mature Blinkit city margin
- over 5 percent
- Food delivery growth guidance
- 20 percent plus annually
Heard on business television between 07:39:20 - 07:42:20 IST.
- Overall revenue growth was 37% for the quarter.
- Dark store target guidance raised to 3,500 by March 2027 and 5,000 by March 2028; Blinkit expansion to be funded internally, mature cities operating over 5% adjusted margin.
- Food delivery growth guidance maintained at 20%+ annually; District target of 28,000 crore GOV and 1,400 crore adjusted EBITDA by FY30.
- Hyperpure Q2 adjusted EBITDA turned profitable at around 10 crore versus a loss of 5 crore a year ago.
- UBS maintained target price of 390 citing confidence on competition; Jefferies hiked target to 430 from 415 citing faster Blinkit rollout and AI platform dark.ai as a monitorable; Jefferies/another brokerage maintained target of 385 citing bullish commentary despite Q2 EBITDA miss from growth investments.
- CFO Akshant Goel said the company wants to maintain margins broadly flattish over the next one to two years while reinvesting in growth.
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Source: Live TV News Channel · 22 Oct 2026
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