<\/p>
As the food delivery companies Swiggy Ltd and Eternal Ltd are setting the stage for a fourth quarter in the 2025-26 fiscal year, while they are recalibrating their quick commerce strategies amid external shocks such as fuel shortages and restaurant disruptions.<\/p>
Brokerage firm Nirmal Bang noted that the “uninterrupted growth is attributed to the positive impact of the T20 World Cup between February and March, which should offset the softness stemming from cooking fuel shortages”.<\/p>
According to Nirmal Bang, the focus in QC is shifting to \u2018good quality growth from ‘just growth’.\u00a0<\/p>
Swiggy<\/strong><\/p> For Swiggy’s food delivery business, Nirmal Bang expects gross order value (GOV) growth to exceed 20%, with revenues approaching Rs 2,030 crore, a 25% year-on-year (YoY) jump, driven by a higher take rate courtesy of an improved advertisement mix and the incremental benefit of increased platform fees kicking in during March.\u00a0<\/p> \u201cWe believe adjusted EBITDA should grow closer to Rs 280 crore for Q4FY26E indicating a margin expansion of 20bps during the quarter,\u201d Nirmal Bang added.<\/p> JM Financial also expects the 20% YoY GOV expansion for Swiggy’s food delivery, noting that monthly transacting users (MTUs) are expected to inch up to 1.82 crore.<\/p> \u201cHowever, adjusted EBITDA loss is likely to be around Rs 850 crore vs Rs 900 crore in 3Q, indicating path to the profitability will continue to disappoint investors,\u201d JM Financial said<\/p> Eternal<\/strong><\/p> \u201cFor Eternal\u2019s food delivery business, we believe the positive eventrelated impact should lead to 18% NOV growth and 20% GOV growth despite the external shock witnessed during March,\u201d Nirmal Bang said.<\/p> Nirmal Bang expects Eternal’s food delivery revenue to hit Rs 1040 crore (+23% YoY), an adjusted EBITDA of Rs 540 crore (+25% YoY) with a 20 basis point margin expansion.\u00a0<\/p> JM Financial projects Eternal’s food delivery MTUs to reach 2.51 crore, predicting a 24% YoY growth in adjusted revenue. For its quick commerce vertical, Blinkit, Nirmal Bang expects an 11% QoQ NOV growth.\u00a0<\/p> Target prices<\/strong><\/p> Nirmal Bang maintains a ‘Buy’ rating on both counters. The brokerage has set a target price of Rs 363 for Swiggy and Rs 334 for Eternal.<\/p> JM Financial maintains a ‘Buy’ on Eternal with a target price of Rs 400 (implies 69% upside from current levels), but has a ‘Reduce’ call on Swiggy, maintaining a target price of Rs 270.<\/p> <\/div> Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.<\/i><\/p> eternal zomato, eternal share price, swiggy share price, eternal share price target, eternal q4 results 2026, eternal q4 earnings, swiggy q4 results, q4 results preview, food delivery stocks#Eternal #Swiggy #results #preview #upside #Zomato #stock #Target #prices1776144869<\/p> ","protected":false},"excerpt":{"rendered":" As the food delivery companies Swiggy Ltd and Eternal Ltd are setting the stage for a fourth quarter in the 2025-26 fiscal year, while they are recalibrating their quick commerce strategies amid external shocks such as fuel shortages and restaurant disruptions. Brokerage firm Nirmal Bang noted that the “uninterrupted growth is attributed to the positive […]<\/p>\n","protected":false},"author":1,"featured_media":6447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[4402,24090,24089,2153,2160,24087,24093,1773,1040,24092,308,2121,10430,24091,24088,1798,1841,4395],"class_list":["post-6446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-eternal","tag-eternal-q4-earnings","tag-eternal-q4-results-2026","tag-eternal-share-price","tag-eternal-share-price-target","tag-eternal-zomato","tag-food-delivery-stocks","tag-preview","tag-prices","tag-q4-results-preview","tag-results","tag-stock","tag-swiggy","tag-swiggy-q4-results","tag-swiggy-share-price","tag-target","tag-upside","tag-zomato"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/6446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6446"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/6446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/6447"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6446"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}