Synopsis: Just Dial delivered steady Q1 FY27 growth with higher revenue and profit, strong mobile traffic, improving long-term profitability, and stable margins despite a slight decline in EBITDA and PAT margins.
This Reliance Group Stock, engaged in providing local search, business discovery, digital marketing, and lead generation services, connecting consumers with businesses through its online platform, mobile apps, and voice services across India, jumped 14.77 percent after the company reported June quarterly results with a 66 percent QoQ increase in net profit.
With a market capitalization of Rs. 5,417.20 crores, the share of Just Dial Limited has reached an intraday high of Rs. 648 per equity share, rising nearly 14.77 percent from its previous day’s close price of Rs. 564.60. Since then, the stock has retreated and is currently trading at Rs. 636.95 per equity share.
Q1 FY27 Result Walkthrough
Coming into the quarterly results of Just Dial Limited, the company’s consolidated revenue from operations increased by 9.73 percent YOY, from Rs. 298 crore in Q1 FY26 to Rs. 327 crore in Q1 FY27, and grew by 6.51 percent QoQ from Rs. 307 crore in Q4 FY26.
In Q1 FY27, Just Dial Limited’s consolidated net profit increased by 3.75 percent YOY, reaching Rs. 166 crore compared to Rs. 160 crore during the same period last year. As compared to Q4 FY26, the net profit has increased by 66 percent, from Rs. 100 crore.
The basic earnings per share increased by 4.10 percent and stood at Rs. 19.54 as against Rs. 18.77 recorded in the same quarter in the previous year, FY2026. Just Dial Limited’s revenue and net profit have grown at a CAGR of 12 percent and 30 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 13.1 percent and 10.6 percent, respectively. Just Dial Limited has an earnings per share (EPS) of Rs. 59.2, and its debt-to-equity ratio is 0.02x.
EBITDA & Margin Analysis
Just Dial Limited’s EBITDA has increased by 1.16 percent, from Rs. 86.4 crore in Q1 FY26 to Rs. 87.4 crore in Q1 FY27. Further, the company’s EBITDA margin has decreased from 29 percent in Q1 FY26 to 26.7 percent in Q1 FY27. The PAT margin declined to 36.2 percent in Q1 FY27 from 37.5 percent in Q1 FY26.
Platforms Traffic Share (Q1 FY27)
In Q1 FY27, Just Dial recorded 192.9 million quarterly unique visitors, with mobile platforms contributing 86.5 percent of the total traffic, highlighting the company’s strong mobile-first user base. Desktop/PC accounted for 10.6 percent of traffic through the Justdial website, while voice-based services contributed 2.9 percent. This traffic mix reflects the growing preference for mobile access and the company’s strong digital reach across multiple platforms.
Domestic Presence
Just Dial Limited has a strong presence across India with branches in 11 cities. Its corporate headquarters is in Mumbai, while technology operations are based in Bengaluru. It has a large workforce of 5,796 tele-sales employees and 5,169 field sales executives. The company also has an extensive on-ground network across over 250 cities, serving customers in more than 11,000 PIN codes, helping it reach people across the country efficiently.
Company Overview
Just Dial Limited is one of India’s leading local search and business discovery platforms, connecting sellers of products and services with potential buyers across the country. The company has built a strong digital ecosystem with a vast database of 56.1 million listings, making it easier for users to find businesses and services. Its platform continues to witness high customer engagement, supported by 160.5 million ratings and reviews, helping users make informed decisions.
The company enjoys strong online traffic, recording 192.9 million quarterly unique visitors in Q1 FY27. It operates a scalable and profitable business model while supporting businesses through 639,200 active paid campaigns, enabling them to reach a wider customer base. With its large user base, extensive business listings, and growing digital presence, Just Dial remains a key player in India’s local search and online business discovery market.
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