Just Dial Ltd. (JUSTDIAL) AI Stock Analysis

• Market Cap: ₹68.22B
• Dividend Yield: N/A
• Average Volume (3M): 10.58K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.90
• Revenue Growth: 6.97%
• EPS Growth: 12.91%
• Country: IN
• Employees: 12,834
• Sector: Services
• Sector Strength: N/A
• Industry: Internet Content & Information
• EPS (TTM): 14.04
• Shares Outstanding: 85,044,655
• 10 Day Avg. Volume: 18,640
• 30 Day Avg. Volume: 10,578
• PEG Ratio: 0.19
• Price to Book (P/B): 1.50
• Price to Sales (P/S): 6.04
• P/FCF Ratio: 22.51
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,060.00
• Price Target Upside: 33.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: ₹917.00 ▲(15.90% Upside)

Just Dial Ltd. shows strong financial performance with high profitability and a robust balance sheet, which are the most significant factors driving the score. The technical analysis indicates a bearish trend, and the valuation suggests the stock is reasonably priced. The absence of earnings call data and corporate events does not impact the score.

Just Dial Ltd. Business Overview & Revenue Model

Company Description

Just Dial Limited engages in the search engine business under the Justdial brand name in India and internationally. The company offers local search, search related, and software services through various platforms, including internet, mobile internet, over the telephone, and text. It also provides review and rating certification services under the JD Ratings name; and online payment services under the JD Pay name. In addition, the company engages in the advertising and events business; and the operation of JD Social, a social sharing platform, as well as Search Plus, JD Maps, JD Omni, and other platforms. Further, it offers website development and maintenance services. As of June 30, 2021, the company had a database of approximately 30.6 million listings. Just Dial Limited was incorporated in 1993 and is based in Mumbai, India.

How the Company Makes Money

Just Dial generates revenue primarily through a subscription-based model, where businesses pay for listings on the platform to enhance their visibility. The company offers various paid services, including featured listings, advertisements, and enhanced profiles that allow businesses to showcase their offerings more effectively. Additionally, Just Dial earns revenue from lead generation services, where businesses receive inquiries and leads from potential customers. Partnerships with local businesses and service providers also contribute to its earnings, as these collaborations often involve revenue-sharing agreements. Furthermore, Just Dial has expanded its revenue streams by venturing into e-commerce and providing digital marketing solutions, thus diversifying its income sources.

Just Dial Ltd. Financial Statement Overview

Summary

Just Dial Ltd. exhibits strong financial performance with a notable net profit margin of 51.15% and robust revenue growth. The balance sheet is solid with a low debt-to-equity ratio and high equity ratio, indicating financial stability. However, the decrease in EBITDA margin and slightly lower free cash flow to net income ratio suggest potential operational efficiency challenges.

Income Statement

Just Dial Ltd. demonstrates strong revenue growth with a 9.5% increase from 2024 to 2025. The company has a remarkable net profit margin of 51.15%, and a gross profit margin of 39.11% for 2025, indicating efficient cost management and profitability. However, the EBITDA margin shows a decrease from previous years, suggesting potential pressure on operational efficiencies.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.02 and a high equity ratio of 83.42%, indicating strong financial stability. The return on equity is impressive at 12.69%, reflecting effective use of shareholders' funds to generate profit. Just Dial Ltd. maintains a significant cash position, enhancing its liquidity and financial flexibility.

Cash Flow

Just Dial Ltd. has shown healthy free cash flow growth of 25.38% from 2024 to 2025, indicating effective cash generation. The operating cash flow to net income ratio is 0.53, suggesting a solid conversion of net income into cash. However, the free cash flow to net income ratio is slightly lower at 0.52, which may point to the need for improving operational cash flow efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.59B	11.42B	10.43B	8.45B	6.47B	6.75B
Gross Profit	5.97B	3.87B	2.41B	1.29B	752.30M	1.60B
EBITDA	6.60B	3.35B	5.22B	2.28B	1.20B	3.04B
Net Income	6.03B	5.84B	3.63B	1.63B	708.30M	2.14B
Balance Sheet
Total Assets	0.00	55.21B	48.61B	43.37B	40.33B	17.86B
Cash, Cash Equivalents and Short-Term Investments	52.79B	52.79B	46.25B	40.78B	34.88B	615.20M
Total Debt	0.00	998.40M	853.10M	683.80M	553.30M	629.70M
Total Liabilities	-46.06B	9.14B	8.37B	6.70B	5.47B	5.22B
Stockholders Equity	46.06B	46.06B	40.23B	36.67B	34.86B	12.64B
Cash Flow
Free Cash Flow	0.00	3.06B	2.48B	12.88B	243.80M	1.35B
Operating Cash Flow	0.00	3.11B	2.59B	1.79B	389.60M	1.39B
Investing Cash Flow	0.00	-2.90B	-2.30B	-1.63B	-21.87B	1.74B
Financing Cash Flow	0.00	-288.40M	-272.10M	-230.80M	21.09B	-2.91B

Just Dial Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 791.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JUSTDIAL, the sentiment is Negative. The current price of 791.2 is below the 20-day moving average (MA) of 825.50, below the 50-day MA of 829.90, and below the 200-day MA of 877.37, indicating a bearish trend. The MACD of -7.52 indicates Positive momentum. The RSI at 36.02 is Neutral, neither overbought nor oversold. The STOCH value of 3.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JUSTDIAL.

Just Dial Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JUSTDIAL	73 Outperform	₹68.22B	11.85	―	―	6.97%	12.91%
HAPPYFORGE	69 Neutral	₹88.85B	32.97	―	0.32%	―	―
INFIBEAM	68 Neutral	₹65.51B	26.92	―	0.24%	42.31%	6.38%
ICRA	68 Neutral	₹60.50B	34.08	―	0.96%	10.80%	21.15%
IONEXCHANG	59 Neutral	₹59.76B	22.84	―	0.37%	12.99%	1.85%
MHRIL	57 Neutral	₹67.07B	51.51	―	―	3.14%	6.79%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Just Dial Ltd. Corporate Events

Just Dial Announces Audited Financial Results for FY 2025

Just Dial Limited announced the approval of its audited financial results for the fiscal year ending March 31, 2025, during a board meeting. The results, which were endorsed by the audit committee and reviewed by Deloitte Haskins & Sells LLP, showed a true and fair view of the company’s financial performance, adhering to Indian Accounting Standards. The announcement underscores Just Dial’s commitment to transparency and regulatory compliance, potentially reinforcing stakeholder confidence in its financial health.

Just Dial Reports Strong Financial Growth in Q4 FY25

Just Dial Limited announced its financial results for the fourth quarter ending March 31, 2025, showing significant growth in key financial metrics. The company reported a 7.0% year-over-year increase in revenue to ₹289.2 Crores, a 21.9% rise in EBITDA to ₹86.1 Crores, and a 36.3% increase in net profit to ₹157.6 Crores. The results highlight the company’s strong operational performance, with an improved EBITDA margin of 29.8% and a notable increase in quarterly unique visitors by 11.8% to 191.3 million. The company’s cash and investments also grew by 14.1% year-over-year, indicating robust financial health and effective cost management.

Just Dial Releases Financial Results for Q1 and FY 2025

Just Dial Limited has released an investor presentation detailing its financial results for the quarter and year ending March 31, 2025. This presentation is aimed at analysts and investors, providing insights into the company’s financial performance, which could influence its market positioning and stakeholder decisions.