Tradepoint21
Tradepoint21
June 18, 2025 at 01:26 AM
🚢 Eternal Ltd (ex-Zomato): Silent Growth Accelerator Formerly Zomato, now a multi-platform powerhouse in food/quick commerce. Why it stands out: Blinkit (quick commerce): 123% YoY GOV growth; doubling stores to 2,000 by Dec-2025. District (dining-out): 160% YoY surge post-Paytm entertainment acquisition. Hyperpure (B2B): Revenue doubled YoY; supplies 87K+ outlets. Strong finances: ₹19,235 Cr cash; food delivery EBITDA-positive. Quiet strengths: ✓ Scalable model with synergistic businesses ✓ Deep B2B client relationships (JSW, IFFCO, etc.) ✓ Re-rating potential as newer units mature Caveat: Premium valuation (P/E 480) warrants monitoring. Ideal for investors tracking India’s digital consumption shift.
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