Just Dial Ltd. (JUSTDIAL) AI Stock Analysis

• Market Cap: ₹71.38B
• Dividend Yield: N/A
• Average Volume (3M): 6.86K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.92
• Revenue Growth: 7.68%
• EPS Growth: 43.22%
• Country: IN
• Employees: 12,834
• Sector: Services
• Sector Strength: N/A
• Industry: Internet Content & Information
• EPS (TTM): 18.80
• Shares Outstanding: 85,044,655
• 10 Day Avg. Volume: 7,191
• 30 Day Avg. Volume: 6,863
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹1,029.00
• Price Target Upside: 22.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 80 Outperform
• Price Target: ₹1,029.00 ▲(22.60% Upside)

Just Dial Ltd. presents a strong investment opportunity with robust financial stability and a low P/E ratio indicating potential undervaluation. While technical indicators show mixed signals, the company's solid profitability and balance sheet support a positive outlook. The absence of dividends may deter income investors, but overall, the stock's potential value makes it attractive.

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 makes money primarily through its paid listings and advertisements on its platform. Businesses pay a fee to have their listings prominently displayed or featured, thereby gaining increased visibility to potential customers. The company also generates revenue through transaction-based services, where it charges a commission or service fee for facilitating certain transactions. Additionally, Just Dial has monetization strategies that include providing value-added services to businesses, such as digital marketing and branding solutions. These key revenue streams, combined with strategic partnerships and collaborations with various businesses across industries, contribute significantly to the company's earnings.

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	11.42B	11.42B	10.43B	8.45B	6.47B	6.75B
Gross Profit	9.27B	4.47B	2.41B	1.29B	752.30M	1.60B
EBITDA	6.13B	3.35B	5.22B	2.28B	1.20B	3.04B
Net Income	5.84B	5.84B	3.63B	1.63B	708.30M	2.14B
Balance Sheet
Total Assets	55.21B	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	998.40M	998.40M	853.10M	683.80M	553.30M	629.70M
Total Liabilities	9.14B	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	17.88B	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: 839.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 839.3 is above the 20-day moving average (MA) of 833.64, below the 50-day MA of 849.28, and below the 200-day MA of 899.31, indicating a neutral trend. The MACD of 1.57 indicates Negative momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 50.34 is Neutral, 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	80 Outperform	₹71.38B	11.84		―	7.68%	43.22%
ICRA	75 Outperform	63.85B	35.97	16.14%	0.92%	10.80%	21.15%
INFIBEAM	68 Neutral	57.61B	23.68	6.04%	0.27%	42.31%	6.38%
HAPPYFORGE	68 Neutral	92.00B	34.15	14.46%	0.31%	0.00%	0.00%
MHRIL	60 Neutral	71.98B	56.32	16.35%	―	3.14%	6.79%
IONEXCHANG	59 Neutral	61.98B	23.68	17.20%	0.36%	12.99%	1.85%
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.