Goldman Sachs ne Eternal Ltd. (Zomato aur Blinkit ki parent company) par 'Buy' rating di hai aur target price rakha hai ₹350. Brokerage ko food delivery aur quick commerce mein solid growth ki ummeed hai Q1FY27 mein.
Kya Hua?
Bhai log, suno! Goldman Sachs ne Eternal Ltd., jo Zomato aur Blinkit ko manage karti hai, us par apna 'Buy' recommendation launch kiya hai. Inka target price hai ₹350, matlab abhi ke prices se lagbhag 37% upar jaane ki probability. Ye bullish outlook ka main reason hai Q1FY27 mein food delivery aur quick commerce business mein zabardast growth ki expectation.
Analysts Itne Optimistic Kyun?
Goldman Sachs ka kehna hai ki Blinkit, yaani quick commerce wala business, ka net order value pichhle saal ke hisaab se 85% badh sakta hai. Aur haan, Blinkit ke operating margins bhi 30 basis points badhne ki ummeed hai quarter-on-quarter. Food delivery mein bhi order value 20% year-on-year badhne ka forecast hai.
Aur ek interesting baat, Eternal Ltd. khud keh rahi hai ki Blinkit 3 saal mein 60% se zyada CAGR se grow karegi, jo Goldman Sachs ke 45% ke estimate se bhi zyada hai. Agar company apne targets poore kar gayi toh stock mein aur bhi tezi aa sakti hai!
Financials Bhi Kamaal Ke!
FY26 ki Q4 mein, jo March 31, 2026 ko khatam hui, Eternal Ltd. ka net profit ₹174 Crore raha, jo pichhle saal ki same quarter ke ₹39 Crore se 346% zyada hai. Revenue bhi 196% badhkar ₹17,292 Crore ho gaya. Operating margins bhi 2.8% tak pahunch gaye.
Competition Ka Scene Kya Hai?
Sab theek hai, lekin bhai, quick commerce sector mein competition bahot hai. Swiggy Instamart aur Zepto jaise players bhi market mein apni jagah bana rahe hain. Iski wajah se prices aur delivery charges par pressure rehta hai. Goldman Sachs ne kaha hai ki abhi Blinkit ke margins ko nuksaan pahunchane wala kuch nahi dikh raha, par competitive discounts aur marketing expenses ka risk hamesha bana rahega.
Investors Kya Track Karein?
Sabse important ye dekhna hoga ki company growth ke saath-saath apne margins ko kaise maintain karti hai. Naye cities mein expansion aur delivery logistics ka kharcha bhi crucial rahega. Aage chal kar order value growth, competition par company ka stand, aur dono business units ke profit margins par nazar rakho.