Eternal Block Deal: Institutional Investor Plans to Offload Share ₹1,500 Crore

On Monday, December 8, 2025, Eternal share price is on investors’ radar as a sizeable block deal is expected with reports indicating that an institutional investor plans to divest up to 0.5% of the company’s equity.

Eternal Block Deal Details

The proposed block deal could be worth as much as ₹1,500 crore, with the floor price fixed at ₹289.5 per share. This comes after a similar bulk movement in mid-June, when approximately 60.93 lakh shares, representing about 0.06% of Eternal’s outstanding equity, were traded at an average price of ₹256 per share, amounting to a deal value of around ₹156 crore.

Eternal Q2FY26 Financial Performance

Eternal, the Indian multinational technology conglomerate behind brands such as Zomato, Blinkit, District, and Hyperpure, has seen mixed financial performance recently. In Q2 FY26, despite revenue surging over 183% to ₹13,590 crore driven primarily by its quick-commerce arm, the company’s consolidated net profit dropped 63.07% to ₹65 crore.

Food delivery NOV grew 14% year-on-year in the latest quarter, a slight improvement from the 13% YoY growth reported in Q1FY26, suggesting that growth likely bottomed out earlier in the year and is now gradually recovering. Profitability also strengthened, with the adjusted EBITDA margin reaching a record 5.3% of NOV and absolute adjusted EBITDA crossing ₹500 crore, up from ₹451 crore in the previous quarter.

Also Read: Eternal CEO Deepinder Goyal Reveals ‘Temple’, a New Brain Blood Flow Monitoring Device

Meanwhile, the quick-commerce segment continued its strong momentum, with NOV surging 137% YoY (27% QoQ), the fastest pace in ten quarters, supported by the addition of 272 net new stores, bringing the total network to 1,816 outlets. Adjusted EBITDA margins in this segment improved sequentially to –1.3% from –1.8%, although the pace of margin expansion lagged expectations due to increased investments aimed at gaining market share.

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