Just Dial

BSell / Avoid

JUSTDIAL · NSE · Small Cap · Payments / Tech

Payments / Tech

Fetching live…

₹1,050

1D -0.2%1M -1.0%1Y -8%

Fundamental (RQ-100)

Technical (TQ-100)

Valuation

Market cap

₹9.0K Cr

Live decision ratingB+Sell / Avoid

Fundamental score breakdown

72/100

Growth Quality

9.4 / 20

Rev 1Y 10.0%, 3Y CAGR 12.0%, 5Y CAGR 4.0%

Margin & Profitability

15.0 / 15

EBITDA 32.0%, PAT 30.0%

Return on Capital

11.0 / 20

ROCE 14.0%, ROE 12.0%

Cash Flow Quality

13.0 / 15

OCF/EBITDA 0.85

Leverage

10.0 / 10

ND/EBITDA -5.00

Reinvestment

3.0 / 8

Capex/Sales 1.0%

Accounting

7.0 / 7

Governance

4.0 / 5

Technical score breakdown

40/100

Trend Structure

8.0 / 20

↓ 200 · ↓ 50 · ↓ 20

Momentum

5.0 / 15

1Y -8.0%, 1M -1.0%

Volume Dynamics

8.0 / 15

Vol30 —%

Relative Strength

4.0 / 15

1Y -8.0%

MA Cluster

5.0 / 10

Extension

5.0 / 10

—% from 50DMA

Volatility

4.0 / 8

Price Action

1.0 / 7

-100.0% from 52W H

Business

What this company actually does

Local discovery (Reliance group).

Stores

—

Dark stores

—

Cities

—

Listed status

Listed

Format exposure

How direct is this play?

Primary formatPayments / Tech

Exposure typeMeaningful

Revenue visibilityHigh

Operating leverage stageMaturity

Policy beneficiaryNone

Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue

₹1.1K Cr

Rev 1Y growth

10%

Rev 3Y CAGR

12%

EBITDA margin

32.0%

PAT margin

30.0%

ROE

12%

ROCE

14%

OCF/EBITDA

0.85

Net Debt/EBITDA

-5.0

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E

Forward P/E

EV/EBITDA

EV/Sales

7.0

P/B

2.5

FCF Yield

4.3%

Trading below 25× EV/EBITDA — relatively reasonable for this segment.

Investment thesis

AI-generated · always cite sources before acting

Bull

Long-runway TAM with structural tailwinds.

Base

Earnings growth of ~13% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if Payments / Tech GMV outperforms.

Bear

Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.

Variant perception

Consensus views Just Dial as a challenged player. Our differentiated take: the current multiple already prices in mid-cycle outcomes.

Key monitorables

Quarterly EBITDA margin trajectory
Revenue growth vs management guidance
Capex vs store/dark-store adds
Promoter holding and ESOP dilution

Peers

Same primary format · sorted by market cap