Just Dial share price slips on mixed Q3 earnings

Just Dial

Just Dial share price down marginally percent in the opening trade on January 14 following the company reported a mixed performance in the quarter ended December 2025 (Q3FY26).

At 09:20am, Just Dial was quoting at Rs 727.00, down Rs 8.40, or 1.14 percent, on the BSE.

The company's Q3 net profit declined 10.2% year-on-year to Rs 117.9 crore compared with Rs 131.3 crore in the same period last year.

However, revenue grew 6.4% YoY to Rs 305.6 crore from Rs 287.3 crore.

The earnings before interest, tax, depreciation and amortization (EBITDA) increased 9.6% YoY to Rs 95.2 crore versus Rs 86.8 crore last year and margin expanded to 31.1% from 30.2%, YoY.

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Citi has maintained a 'buy' rating on the stock, although it has reduced the target price to Rs 1,000.

According to research firm, the revenue growth was in line with expectations, rising 6.4 percent year-on-year.

The company’s EBITDA margin exceeded estimates, supported by continued operating expense rationalisation. As a result, EBITDA grew 10 percent YoY, while the overall headcount declined 1 percent quarter-on-quarter, it added.

Citi noted that the company needs to increase investments in its sales force, product development, and traffic acquisition to drive future growth.

Meaningful EBITDA growth beyond topline expansion is expected to be driven mainly by operating leverage. However, growth estimates have been revised downward, and the valuation multiple has been cut to 10x from 12x earlier, reflecting continued traffic decline, Citi added further.

In the previous trading session, the share closed at Rs 735.40, up Rs 13.90, or 1.93 percent.

The share touched a 52-week high of Rs 1,049.85 and a 52-week low of Rs 700.00 on 21 April, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 29.95 percent below its 52-week high and 5.06 percent above its 52-week low.

he market capitalisation of the company stands at Rs 6,254.18 crore.