Just Dial Limited

NSEI:JUSTDIAL Stock Report

Market Cap: ₹45.8b

Just Dial Past Earnings Performance

Past criteria checks 2/6

Just Dial has been growing earnings at an average annual rate of 38.2%, while the Interactive Media and Services industry saw earnings growing at 32.7% annually. Revenues have been growing at an average rate of 14.5% per year. Just Dial's return on equity is 9.7%, and it has net margins of 40.9%.

Key information

38.23%

Earnings growth rate

34.60%

EPS growth rate

Interactive Media and Services Industry Growth15.57%
Revenue growth rate14.50%
Return on equity9.73%
Net Margin40.95%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 04

JUSTDIAL: Stable Assumptions And Upcoming Board Actions Will Support Bullish Repricing

Analysts have kept their Just Dial price target broadly unchanged at a fair value of ₹965.86, citing stable assumptions on discount rate, revenue growth, profit margin and future P/E as the key reasons for maintaining their view. What's in the News A board meeting is scheduled for April 13, 2026, at 18:45 Indian Standard Time to review and approve the audited financial statements for the year ended March 31, 2026, as recommended by the Audit Committee.
Narrative Update May 20

JUSTDIAL: Board Review Of CFO Transition Will Support Bullish Repricing

Analysts have maintained their fair value estimate for Just Dial at ₹965.86, while making slight adjustments to key assumptions such as the discount rate and future P/E. This leaves the overall price target effectively unchanged and reflects updated views on risk and earnings quality without altering the core valuation story.
Narrative Update Apr 28

JUSTDIAL: Upcoming Board Meeting And Margin Outlook Will Support Bullish Repricing

Analysts have trimmed their price target on Just Dial from ₹997.29 to ₹965.86, as updated assumptions reflect more moderate revenue growth of 5.75% and a lower future P/E of 21.68, partly offset by a higher projected profit margin of 39.81%. What's in the News Board meeting scheduled on April 13, 2026, at 18:45 Indian Standard Time to review and approve the audited financial statements and audited financial results for the year ended March 31, 2026 (company filing).
Analysis Article Apr 18

Just Dial Limited Just Missed EPS By 9.1%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Just Dial Limited ( NSE:JUSTDIAL ) filed its yearly result this time last week...
Narrative Update Apr 13

JUSTDIAL: Upcoming Board Results Review Will Support Bullish Repricing

Analysts have trimmed their price target on Just Dial from ₹1,035.71 to ₹997.29. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Mar 30

JUSTDIAL: Stable Fair Value And Upcoming Q3 Review Will Support Upside

Analysts have maintained Just Dial's price target at ₹1,035.71, with only minor tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions that leave their overall valuation view essentially unchanged. What's in the News A board meeting is scheduled for January 13, 2026 to consider and approve Just Dial Limited's unaudited financial results for the third quarter ended December 31, 2025 (Key Developments).
Narrative Update Mar 11

JUSTDIAL: Stable Fair Value And Upcoming Q3 Review Will Support Upside

Analysts have kept their fair value estimate for Just Dial broadly unchanged at around ₹1,035.71, with only minor adjustments to inputs such as the discount rate and forward P/E. This has resulted in a steady price target rather than a clear move higher or lower.
Narrative Update Feb 25

JUSTDIAL: Stable Fair Value And Upcoming Q3 Results Will Support Upside

Analysts have kept Just Dial's fair value estimate effectively unchanged at ₹1,035.71, with only marginal tweaks to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions, reflecting fine tuning rather than a material shift in the valuation view. What's in the News Just Dial has scheduled a Board meeting on January 13, 2026 to consider and approve the unaudited financial results for the third quarter and the nine-month period ended December 31, 2025 (company filing).
Narrative Update Feb 10

JUSTDIAL: Stable Assumptions And Upcoming Results Will Support Future Upside

Analysts have maintained their fair value estimate for Just Dial at ₹1,035.71 per share. The slight adjustment in the discount rate and forward P/E assumptions mainly reflects updated views on risk and valuation multiples, rather than any major change in the core outlook.
Narrative Update Jan 27

JUSTDIAL: Stronger Margins And Upcoming Results Will Support Future Upside

Analysts have trimmed their Just Dial fair value estimate from ₹1,064.29 to ₹1,035.71 as they reset assumptions around discount rate, revenue growth, profit margin and future P/E, while still viewing the business as supported by healthier profitability metrics and a lower implied valuation multiple. What's in the News A board meeting is scheduled on January 13, 2026, to consider and approve the unaudited financial results for the third quarter and nine months ended December 31, 2025 (Key Developments).
Analysis Article Jan 16

Just Dial Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Last week saw the newest quarterly earnings release from Just Dial Limited ( NSE:JUSTDIAL ), an important milestone in...
Narrative Update Jan 12

JUSTDIAL: Stable Margins And Upcoming Results Will Support Future Upside

Analysts have trimmed their fair value estimate for Just Dial from ₹1,077 to about ₹1,064. This reflects slightly softer revenue growth assumptions and a marginally higher discount rate, partially offset by a modestly stronger profit margin outlook and a slightly lower future P/E expectation.
Narrative Update Dec 24

JUSTDIAL: Stable Margins And Upcoming Results Will Support Future Upside

Analysts have maintained their fair value estimate for Just Dial at ₹1,077.00 per share, reflecting stable assumptions around the discount rate, revenue growth, profit margins, and future valuation multiples. What's in the News A board meeting is scheduled for October 13, 2025, to consider and approve unaudited financial results for the second quarter and half year ended September 30, 2025 (company filing).
Narrative Update Dec 10

JUSTDIAL: Stable Margins And Earnings Outlook Will Support Future Upside

Analysts have maintained their fair value estimate for Just Dial at ₹1,077 per share, with only marginal tweaks to the discount rate and long term assumptions, reflecting continued confidence in the company’s stable growth and profitability profile. What's in the News Board meeting scheduled on October 13, 2025, to consider and approve unaudited financial results for the second quarter and half year ended September 30, 2025 (Board Meeting filing).
Narrative Update Nov 26

JUSTDIAL: Profit Margins And Market Confidence Will Remain Steady Amid Upcoming Results

Analysts have maintained their price target for Just Dial at ₹1,077, citing steady expectations for the company's growth and profitability metrics. What's in the News Just Dial's Board Meeting is scheduled for October 13, 2025, to review and approve the unaudited financial results for the second quarter and half year ending September 30, 2025 (Board Meeting Announcement).
Narrative Update Nov 12

JUSTDIAL: Fair Value And Profitability Will Remain Resilient Amid Slight Risk Adjustments

Analysts have maintained their fair value estimate for Just Dial at ₹1,077. They made only slight adjustments to the discount rate and future PE assumptions to reflect updated risk assessments and market expectations.
Narrative Update Oct 29

Upcoming Earnings Announcement Will Demonstrate Strength Of Online Platform Strategy

Analysts have maintained their price target for Just Dial at ₹1,077, citing consistent growth assumptions and stable business fundamentals as reasons for no change. What's in the News The Board of Just Dial Limited is scheduled to meet on October 13, 2025 to consider and approve the unaudited financial results for the second quarter and half year ended September 30, 2025 (company statement).
Analysis Article Oct 16

Just Dial Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Just Dial Limited ( NSE:JUSTDIAL ) recently reported its second-quarter numbers. Revenues were in...
Narrative Update Oct 15

Focusing On Qualified Leads And Online Platforms Will Yield Success

Analysts have revised their price target for Just Dial downward from ₹1,149.57 to ₹1,077.00. They cite slightly lower expectations for revenue growth, even though the profit margin outlook has marginally improved.
Narrative Update Sep 05

Focusing On Qualified Leads And Online Platforms Will Yield Success

With marginal shifts in both the discount rate (14.73% to 14.72%) and future P/E (25.53x to 25.52x), analysts have left their fair value estimate for Just Dial unchanged at ₹1150. What's in the News Just Dial's board will meet to approve the unaudited financial results for the quarter ended June 30, 2025.
Analysis Article Jul 18

Just Dial Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Just Dial Limited ( NSE:JUSTDIAL ) shareholders are probably feeling a little disappointed, since its shares fell 3.2...
Analysis Article May 16

Just Dial (NSE:JUSTDIAL) Could Be Struggling To Allocate Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
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New Narrative Apr 27

Focusing On Qualified Leads And Online Platforms Will Yield Success

Optimizing sales strategy and implementing dynamic pricing can enhance revenue growth and improve earnings.
Analysis Article Apr 23

Just Dial Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

It's been a pretty great week for Just Dial Limited ( NSE:JUSTDIAL ) shareholders, with its shares surging 12% to ₹984...
Analysis Article Apr 16

Benign Growth For Just Dial Limited (NSE:JUSTDIAL) Underpins Its Share Price

Just Dial Limited's ( NSE:JUSTDIAL ) price-to-earnings (or "P/E") ratio of 13.8x might make it look like a buy right...
Analysis Article Feb 14

Just Dial (NSE:JUSTDIAL) Could Be Struggling To Allocate Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Jan 14

Earnings Miss: Just Dial Limited Missed EPS By 8.4% And Analysts Are Revising Their Forecasts

It's been a mediocre week for Just Dial Limited ( NSE:JUSTDIAL ) shareholders, with the stock dropping 12% to ₹899 in...
Analysis Article Jan 08

If EPS Growth Is Important To You, Just Dial (NSE:JUSTDIAL) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 17

Insufficient Growth At Just Dial Limited (NSE:JUSTDIAL) Hampers Share Price

Just Dial Limited's ( NSE:JUSTDIAL ) price-to-earnings (or "P/E") ratio of 17.6x might make it look like a buy right...
Analysis Article Oct 14

Just Dial Limited (NSE:JUSTDIAL) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Shareholders of Just Dial Limited ( NSE:JUSTDIAL ) will be pleased this week, given that the stock price is up 14% to...
Analysis Article Sep 17

Does Just Dial (NSE:JUSTDIAL) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 29

Some Investors May Be Worried About Just Dial's (NSE:JUSTDIAL) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Jul 20

Just Dial Limited (NSE:JUSTDIAL) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Just Dial Limited ( NSE:JUSTDIAL ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jul 04

Here's Why We Think Just Dial (NSE:JUSTDIAL) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Apr 26

There's No Escaping Just Dial Limited's (NSE:JUSTDIAL) Muted Earnings Despite A 38% Share Price Rise

Just Dial Limited ( NSE:JUSTDIAL ) shares have had a really impressive month, gaining 38% after a shaky period...
Analysis Article Mar 20

The Returns On Capital At Just Dial (NSE:JUSTDIAL) Don't Inspire Confidence

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Feb 09

Just Dial (NSE:JUSTDIAL) Could Easily Take On More Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 08

It May Be Possible That Just Dial Limited's (NSE:JUSTDIAL) CEO Compensation Could Get Bumped Up

Key Insights Just Dial to hold its Annual General Meeting on 14th of September Total pay for CEO Venkatachalam Mani...
Analysis Article Jun 13

Returns On Capital Signal Tricky Times Ahead For Just Dial (NSE:JUSTDIAL)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jun 23

Calculating The Intrinsic Value Of Just Dial Limited (NSE:JUSTDIAL)

How far off is Just Dial Limited ( NSE:JUSTDIAL ) from its intrinsic value? Using the most recent financial data, we'll...

Revenue & Expenses Breakdown

How Just Dial makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:JUSTDIAL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2612,1394,97000
31 Dec 2511,9585,5462590
30 Sep 2511,7755,6802590
30 Jun 2511,5926,0262590
31 Mar 2511,4195,8422590
31 Dec 2411,2305,4232130
30 Sep 2411,0075,0302130
30 Jun 2410,7654,2082130
31 Mar 2410,4293,6292130
31 Dec 2310,0523,3082470
30 Sep 239,6153,1412470
30 Jun 239,0612,94500
31 Mar 238,4481,6272470
31 Dec 227,7891,0126610
30 Sep 227,1644526610
30 Jun 226,67126000
31 Mar 226,4707086610
31 Dec 216,5608245850
30 Sep 216,6661,1295850
30 Jun 216,7821,2735050
31 Mar 216,7522,142790
31 Dec 207,3442,5666710
30 Sep 208,0032,6876710
30 Jun 208,7542,98300
31 Mar 209,5312,7236710
31 Dec 199,5042,5888390
30 Sep 199,4182,5418390
30 Jun 199,2032,25600
31 Mar 198,9152,0698390
31 Mar 187,8181,4329320
31 Mar 177,1861,2146370
31 Mar 166,6771,4284880

Quality Earnings: JUSTDIAL has high quality earnings.

Growing Profit Margin: JUSTDIAL's current net profit margins (40.9%) are lower than last year (51.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: JUSTDIAL's earnings have grown significantly by 38.2% per year over the past 5 years.

Accelerating Growth: JUSTDIAL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JUSTDIAL had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-14.9%).


Return on Equity

High ROE: JUSTDIAL's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 11:18
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Just Dial Limited is covered by 32 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital