Just Dial (JUSTDIAL) | Financial Analysis & Statements
Just Dial Ltd. Small-cap Communication Services
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2026Income Metrics
Revenue
3.1B
Operating Income
778.9M
25.35%
Net Income
1.0B
32.55%
EPS (Diluted)
₹11.76
Balance Sheet Metrics
Total Assets
60.4B
Total Liabilities
9.4B
Shareholders Equity
51.1B
Debt to Equity
0.18
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Mar 31, 2026
Annual Income Flow
2026
Just Dial Income Statement From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 12.1B | 11.4B | 10.4B | 8.4B | 6.5B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | - | 433.2M | 398.3M | 425.3M | 803.5M |
| Other Operating Expenses | 1.3B | 1.1B | 655.4M | 633.1M | 603.6M |
| Total Operating Expenses | 1.3B | 1.5B | 1.1B | 1.1B | 1.4B |
| Operating Income | 3.1B | 2.9B | 1.7B | 543.9M | -295.9M |
| Operating Margin % | 25.7% | 25.2% | 16.4% | 6.4% | -4.6% |
| Non-Operating Items | |||||
| Interest Income | - | 334.5M | 237.3M | 234.9M | 239.9M |
| Interest Expense | 90.6M | 105.1M | 92.8M | 76.7M | 68.4M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 6.2B | 6.6B | 4.7B | 1.9B | 832.9M |
| Income Tax | 1.2B | 799.5M | 1.0B | 251.1M | 124.6M |
| Effective Tax Rate % | 19.3% | 12.0% | 22.2% | 13.4% | 15.0% |
| Net Income | 5.0B | 5.8B | 3.6B | 1.6B | 708.3M |
| Net Margin % | 40.9% | 51.2% | 34.8% | 19.3% | 10.9% |
| Key Metrics | |||||
| EBITDA | 4.0B | 3.7B | 2.4B | 1.1B | 256.4M |
| EPS (Basic) | ₹58.44 | ₹68.70 | ₹42.72 | ₹19.32 | ₹9.49 |
| EPS (Diluted) | ₹58.44 | ₹68.69 | ₹42.67 | ₹19.14 | ₹9.31 |
| Basic Shares Outstanding | 85047912 | 85036390 | 84957387 | 84239512 | 74614578 |
| Diluted Shares Outstanding | 85047912 | 85036390 | 84957387 | 84239512 | 74614578 |
Income Statement Trend
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Just Dial Balance Sheet From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 67.2M | 103.0M | 176.8M | 155.6M | 232.5M |
| Short-term Investments | 58.6B | 52.7B | 46.1B | 40.5B | 34.6B |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Other Current Assets | 499.3M | 497.8M | 458.6M | 439.9M | 398.0M |
| Total Current Assets | 59.1B | 53.5B | 46.9B | 41.2B | 35.4B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | - | 0 | 1.2B | 0 | 0 |
| Goodwill | 46.9M | 167.8M | 278.6M | 341.6M | 29.2M |
| Intangible Assets | - | 167.8M | 278.6M | 341.6M | 29.2M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 73.9M | 159.0M | 168.9M | 175.1M | 150.9M |
| Total Non-Current Assets | 1.3B | 1.7B | 1.7B | 2.1B | 5.0B |
| Total Assets | 60.4B | 55.2B | 48.6B | 43.4B | 40.3B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 168.3M | 148.3M | 134.5M | 152.6M | 145.8M |
| Short-term Debt | 296.7M | 290.1M | 262.6M | 240.9M | 217.6M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 5.4B | 5.3B | 4.9B | 4.1B | 3.2B |
| Total Current Liabilities | 6.7B | 6.5B | 6.1B | 5.3B | 4.2B |
| Non-Current Liabilities | |||||
| Long-term Debt | 548.4M | 708.3M | 590.5M | 442.9M | 335.7M |
| Deferred Tax Liabilities | 1.6B | 1.2B | 1.1B | 367.5M | 366.5M |
| Other Non-Current Liabilities | 541.9M | 695.5M | 567.6M | -100.0K | 100.0K |
| Total Non-Current Liabilities | 2.7B | 2.6B | 2.3B | 1.4B | 1.2B |
| Total Liabilities | 9.4B | 9.1B | 8.4B | 6.7B | 5.5B |
| Equity | |||||
| Common Stock | 850.4M | 850.4M | 850.4M | 843.2M | 836.1M |
| Retained Earnings | - | 22.9B | 17.0B | 13.4B | 11.7B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 51.1B | 46.1B | 40.2B | 36.7B | 34.9B |
| Key Metrics | |||||
| Total Debt | 845.1M | 998.4M | 853.1M | 683.8M | 553.3M |
| Working Capital | 52.5B | 47.0B | 40.8B | 35.9B | 31.1B |
Balance Sheet Composition
Just Dial Cash Flow Statement From 2022 to 2026
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 6.2B | 6.6B | 4.7B | 1.9B | 832.9M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 1.1M | 2.8M | -3.5M | 95.4M | 216.9M |
| Working Capital Changes | -30.5M | 453.3M | 787.3M | 985.0M | 235.0M |
| Operating Cash Flow | 5.8B | 6.9B | 2.5B | 1.6B | 184.1M |
| Investing Activities | |||||
| Capital Expenditures | -40.8M | -50.7M | -109.0M | -176.6M | -117.1M |
| Acquisitions | - | 0 | - | - | - |
| Investment Purchases | -15.3B | -14.2B | -10.2B | -14.8B | -40.3B |
| Investment Sales | 12.5B | 11.1B | 7.5B | 13.4B | 18.4B |
| Investing Cash Flow | -2.9B | -3.1B | -2.5B | -1.5B | -22.1B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | 0 |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | 0 | 0 | 7.2M | 7.7M | 21.7B |
| Free Cash Flow | 2.6B | 3.1B | 2.4B | 1.3B | 243.8M |
| Net Change in Cash | 2.9B | 3.7B | 16.0M | 94.5M | -221.7M |
Cash Flow Trend
Just Dial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
8.05
Forward P/E
7.56
Price to Book
0.91
Price to Sales
3.82
PEG Ratio
-0.82
Profitability Ratios
Profit Margin
40.95%
Operating Margin
25.35%
Return on Equity
10.23%
Return on Assets
3.38%
Financial Health
Current Ratio
8.87
Debt to Equity
1.66
Beta
0.14
Per Share Data
EPS (TTM)
₹67.71
Book Value per Share
₹600.52
Revenue per Share
₹142.73
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| JUSTDIAL | 46.3B | 8.05 | 0.91 | 10.23% | 40.95% | 1.66 |
| Info Edge India | 637.8B | 50.61 | 1.40 | 2.61% | 42.57% | 0.54 |
| Indiamart Intermesh | 129.7B | 21.57 | 5.57 | 25.20% | 39.82% | 1.10 |
| Matrimony.com | 8.9B | 28.71 | 3.79 | 18.74% | 7.23% | 22.34 |
| Digicontent | 1.7B | 27.90 | 4.43 | 89.02% | 1.26% | 275.53 |
| Jupiter Infomedia | 740.2M | 19.49 | 2.76 | 8.08% | -31.32% | 0.04 |
Financial data is updated regularly. All figures are in the company's reporting currency.




