Latest news with #JustDialLtd
Time of India
28-04-2025
- Business
- Time of India
JM Financial maintains Buy on Just Dial, raises target price to Rs 1,250
JM Financial has maintained a Buy call on Just Dial with a revised target price of Rs 1,250 (Rs 1,220 earlier). The current market price of Just Dial is Rs 932.05 Time period given by analyst is year when Just Dial Ltd. price can reach defined target. Just Dial, incorporated in 1993, is a Mid Cap company with a market cap of Rs 7994.81 crore, operating in Services sector. Just Dial's key products/revenue segments include Other Services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 361.56 crore, up 6.37% from last quarter Total Income of Rs 339.90 crore and up 17.89% from last year same quarter Total Income of Rs 306.69 crore. The company has reported net profit after tax of Rs 115.74 crore in the latest quarter. The company?s top management includes Mr.B Anand, Thakur, Fulwadaya, Pandit, Krishnamurthy, Bahadur, Monteiro, Khasgiwala, Mr.V Subramaniam, Mr.V S S Mani, Taluja. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares outstanding. Investment Rationale Just Dial's collections (lead indicator for revenue) grew in 4Q by 11.3% YoY, meaningfully better than JMFe of 7.0% as well as 9MFY25 growth of 5.6%. Sequential paid campaign additions too were robust at 12.2k versus JMFe of 7.7k and ahead of 8k/7k/3k in 1Q/2Q/3Q. While revenue grew 7.0% YoY (a miss on JM Financial estimates by c.1%), EBITDA jumped 22% YoY to Rs 861 million (ahead of our estimate by 3%) due to better-than-expected margin expansion. Traffic trend too was decent at 11.8% YoY, partly aided by a slight increase in A&P spend. While operating performance was better than expected, clarity on the company?s cash distribution policy (refer our recent note) remains a key trigger for stock performance. Ex-cash and other income stock is extremely cheap at 8x FY26 PER, as current cash and investments itself account for ~67% of Just Dial?s market cap. JM Financial continues to use target PER multiple (ex-cash and other income) of 18x to arrive at Mar?26 target price of Rs 1,250. Promoter/FII Holdings Promoters held 74.15 per cent stake in the company as of 31-Mar-2025, while FIIs owned 6.56 per cent, DIIs 8.92 per cent.
Business Standard
21-04-2025
- Business
- Business Standard
Volumes spurt at Just Dial Ltd counter
Just Dial Ltd notched up volume of 1.82 lakh shares by 10:47 IST on BSE, a 7.53 fold spurt over two-week average daily volume of 24231 shares APL Apollo Tubes Ltd, Cochin Shipyard Ltd, Honasa Consumer Ltd, HDFC Life Insurance Company Ltd are among the other stocks to see a surge in volumes on BSE today, 21 April 2025. Just Dial Ltd notched up volume of 1.82 lakh shares by 10:47 IST on BSE, a 7.53 fold spurt over two-week average daily volume of 24231 shares. The stock rose 11.87% to Rs.1,029.85. Volumes stood at 6877 shares in the last session. APL Apollo Tubes Ltd notched up volume of 3.52 lakh shares by 10:47 IST on BSE, a 5.37 fold spurt over two-week average daily volume of 65448 shares. The stock rose 0.72% to Rs.1,599.20. Volumes stood at 2.61 lakh shares in the last session. Cochin Shipyard Ltd saw volume of 3.83 lakh shares by 10:47 IST on BSE, a 3.33 fold spurt over two-week average daily volume of 1.15 lakh shares. The stock increased 4.40% to Rs.1,514.05. Volumes stood at 1.27 lakh shares in the last session. Honasa Consumer Ltd recorded volume of 42422 shares by 10:47 IST on BSE, a 2.94 times surge over two-week average daily volume of 14449 shares. The stock gained 0.60% to Rs.234.90. Volumes stood at 41233 shares in the last session. HDFC Life Insurance Company Ltd clocked volume of 1.22 lakh shares by 10:47 IST on BSE, a 2.83 times surge over two-week average daily volume of 43119 shares. The stock lost 1.68% to Rs.708.00. Volumes stood at 29757 shares in the last session.
