Just Dial has been a cornerstone of India’s digital landscape since its inception in 1996 under the visionary leadership of V. S. S. Mani. Renowned as a local search engine and directory service, it has provided users with a reliable platform to explore a wide array of services, spanning from restaurants to healthcare facilities. Through its multi-channel approach encompassing phone, website, and mobile apps, Just Dial has emerged as a trusted resource for accessing localized information nationwide. Its enduring popularity and continued innovation underscore its significance in facilitating seamless connections between consumers and businesses. As Just Dial navigates through the ever-evolving technology landscape, its commitment to enhancing user experiences and driving business growth remains unwavering, positioning it as a key player in India’s digital ecosystem.
Just Dial Q4 FY24 Results:
- Just Dial’s Q4 FY24 performance showcased a robust 38.44% surge in consolidated net profit, amounting to ₹115.74 crore, compared to the corresponding period last fiscal year.
- The company experienced a significant 16.2% year-on-year growth in operating revenue, reaching ₹270.3 crore, coupled with a 2% increase quarter-on-quarter.
- Operating EBITDA stood at ₹70.6 crore, highlighting an impressive EBITDA margin of 26.1% and notable expansion of 1,176 bps year-on-year and 334 bps quarter-on-quarter.
- Total income for the quarter escalated to ₹361.56 crore from ₹306.69 crore in the preceding year.
- Despite a marginal uptick in expenses to ₹214.12 crore, Just Dial’s consolidated net profit for the fiscal year ended March 31, 2024, surged to ₹362.93 crore from ₹162.72 crore in the prior fiscal year.
- Notably, Just Dial observed an increase in total traffic, with 171.1 million unique visitors, marking a 7.4% year-on-year and 3.1% quarter-on-quarter rise.
You can buy Just Dial shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
| When | Maximum Price | Minimum Price |
| July 2024 | 1,033.60 | 898.79 |
| August 2024 | 1,074.95 | 934.74 |
| September 2024 | 1,117.95 | 972.13 |
| October 2024 | 1,096.03 | 953.07 |
| November 2024 | 1,139.87 | 991.19 |
| December 2024 | 1,151.27 | 1,001.10 |
In 2024, Just Dial is expected to see fluctuations in its stock prices. By July 2024, the stock is projected to have a maximum price of ₹1,033.60 and a minimum price of ₹898.79. Moving forward to December 2024, the maximum price is anticipated to reach ₹1,151.27, with a minimum of ₹1,001.10. These projections indicate potential growth for Just Dial’s stock throughout the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,162.78 | 894.44 |
| February 2025 | 1,174.52 | 903.48 |
| March 2025 | 1,199.19 | 922.45 |
| April 2025 | 1,187.31 | 913.32 |
| May 2025 | 1,152.73 | 886.72 |
| June 2025 | 1,204.61 | 926.62 |
| July 2025 | 1,180.99 | 908.45 |
| August 2025 | 1,217.51 | 936.55 |
| September 2025 | 1,232.12 | 947.79 |
| October 2025 | 1,264.16 | 972.43 |
| November 2025 | 1,295.76 | 996.74 |
| December 2025 | 1,354.07 | 1,041.59 |
In 2025, Just Dial is expected to experience varying stock prices throughout the year. By January 2025, the stock is anticipated to have a maximum price of ₹1,162.78 and a minimum price of ₹894.44. By December 2025, these prices are projected to increase, with a maximum price reaching ₹1,354.07 and a minimum price of ₹1,041.59.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,512.61 | 1,163.55 |
| February 2026 | 1,551.40 | 1,193.38 |
| March 2026 | 1,611.90 | 1,239.93 |
| April 2026 | 1,580.30 | 1,215.61 |
| May 2026 | 1,534.27 | 1,180.21 |
| June 2026 | 1,603.31 | 1,233.32 |
| July 2026 | 1,571.87 | 1,209.13 |
| August 2026 | 1,620.49 | 1,246.53 |
| September 2026 | 1,677.21 | 1,290.16 |
| October 2026 | 1,720.81 | 1,323.70 |
| November 2026 | 1,763.83 | 1,356.79 |
| December 2026 | 1,807.93 | 1,390.71 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,844.09 | 1,418.53 |
| February 2027 | 1,891.37 | 1,454.90 |
| March 2027 | 1,965.14 | 1,511.64 |
| April 2027 | 1,926.60 | 1,482.00 |
| May 2027 | 1,870.49 | 1,438.84 |
| June 2027 | 1,954.66 | 1,503.59 |
| July 2027 | 1,916.33 | 1,474.10 |
| August 2027 | 1,975.60 | 1,519.69 |
| September 2027 | 2,044.75 | 1,572.88 |
| October 2027 | 2,097.91 | 1,613.78 |
| November 2027 | 2,150.36 | 1,654.12 |
| December 2027 | 2,204.12 | 1,695.48 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,248.20 | 1,729.39 |
| February 2028 | 2,305.85 | 1,773.73 |
| March 2028 | 2,395.78 | 1,842.90 |
| April 2028 | 2,348.80 | 1,806.77 |
| May 2028 | 2,280.39 | 1,754.14 |
| June 2028 | 2,383.01 | 1,833.08 |
| July 2028 | 2,336.28 | 1,797.14 |
| August 2028 | 2,408.54 | 1,852.72 |
| September 2028 | 2,492.83 | 1,917.56 |
| October 2028 | 2,557.65 | 1,967.42 |
| November 2028 | 2,621.59 | 2,016.61 |
| December 2028 | 2,687.13 | 2,067.02 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,740.87 | 2,108.36 |
| February 2029 | 2,811.15 | 2,162.42 |
| March 2029 | 2,920.79 | 2,246.76 |
| April 2029 | 2,863.51 | 2,202.70 |
| May 2029 | 2,780.11 | 2,138.55 |
| June 2029 | 2,905.22 | 2,234.78 |
| July 2029 | 2,848.25 | 2,190.96 |
| August 2029 | 2,936.34 | 2,258.72 |
| September 2029 | 3,039.11 | 2,337.78 |
| October 2029 | 3,118.13 | 2,398.56 |
| November 2029 | 3,196.08 | 2,458.53 |
| December 2029 | 3,275.99 | 2,519.99 |
| When | Maximum Price | Minimum Price |
| January 2030 | 3,341.51 | 2,570.39 |
| February 2030 | 3,427.19 | 2,636.30 |
| March 2030 | 3,560.85 | 2,739.11 |
| April 2030 | 3,491.03 | 2,685.40 |
| May 2030 | 3,389.34 | 2,607.19 |
| June 2030 | 3,541.87 | 2,724.51 |
| July 2030 | 3,472.42 | 2,671.09 |
| August 2030 | 3,579.81 | 2,753.70 |
| September 2030 | 3,705.10 | 2,850.08 |
| October 2030 | 3,801.44 | 2,924.18 |
| November 2030 | 3,896.47 | 2,997.29 |
| December 2030 | 3,993.89 | 3,072.22 |
In January 2030, Just Dial’s shares are projected to reach a maximum price of ₹3,341.51 and a minimum price of ₹2,570.39. Moving into February, prices are expected to fluctuate between ₹3,427.19 and ₹2,636.30, showing a slight increase. March brings further anticipation, with Just Dial’s shares experiencing a surge, reaching maximum prices of ₹3,560.85 and minimum prices stabilizing at ₹2,739.11. The trend continues throughout the year, with fluctuations in April and May, followed by stability in June and July. August and September witness moderate increases, while October and November reflect a notable rise. Finally, December culminates with Just Dial’s shares reaching their peak for the year, with maximum prices expected to hit ₹3,993.89 and minimum prices showing a slight increase to ₹3,072.22.
Financial Condition of Just Dail: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 953 | 675 | 647 | 845 | 1,043 |
| Expenses + | 680 | 520 | 649 | 759 | 826 |
| Operating Profit | 273 | 155 | -2 | 86 | 217 |
| OPM % | 29% | 23% | 0% | 10% | 21% |
| Other Income + | 140 | 150 | 122 | 142 | 305 |
| Interest | 9 | 7 | 7 | 8 | 9 |
| Depreciation | 52 | 42 | 30 | 32 | 46 |
| Profit before tax | 352 | 255 | 83 | 188 | 467 |
| Tax % | 23% | 16% | 15% | 13% | 22% |
| Net Profit + | 272 | 214 | 71 | 163 | 363 |
| EPS in Rs | 41.96 | 34.61 | 8.47 | 19.3 | 42.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Over the span of five years, from March 2020 to March 2024, the company exhibited a trajectory of steady sales growth, witnessing an ascent from ₹953 crore to ₹1,043 crore. Despite facing escalations in expenses, which surged from ₹680 crore to ₹826 crore during the same duration, the company adeptly sustained a robust operating profit, reaching ₹217 crore by March 2024. The operational proficiency, symbolized by the operating profit margin (OPM %), demonstrated a commendable rebound, escalating from a nadir of 0% in March 2022 to an encouraging 21% by March 2024. Noteworthy contributions from other income significantly bolstered profitability, augmenting from ₹140 crore to ₹305 crore. Overall, the company showcased unwavering growth in profitability, with net profit ascending from ₹272 crore to ₹363 crore, alongside an improvement in earnings per share (EPS) from ₹41.96 to ₹42.68. Throughout this phase, the company opted to retain earnings, refraining from dispensing dividends, presumably to fortify reinvestment in growth endeavors or fortify its financial stance.
FAQS
How has Just Dail Sales Performance Evolved Over the past five years?
Over the past five years, Just Dial’s sales performance has exhibited a consistent upward trajectory, despite occasional fluctuations. Beginning at ₹953 crore in March 2020, the sales figures have steadily ascended, culminating in ₹1,043 crore by March 2024. This signifies a positive trend in the company’s revenue generation throughout the specified period.
It is anticipated that Just Dial share price will increase to ₹1,354.07 by the end of 2025.
Just Dial share price is expected to reach ₹3,993.89 by the end of 2030.
What is the current Marketcap of Just Dail?
As of 3rd July 2024, the current Marketcap of Just Dial is ₹8,723 Cr.
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CONCLUSION
In conclusion, the recent unveiling of Just Dial’s Q4 FY24 results unveils a compelling narrative of the company’s enduring strength and adaptability within the dynamic Indian internet technology arena. The notable surge of 38.44% in consolidated net profit to ₹115.74 crore, accompanied by a substantial 16.2% year-on-year uptick in operating revenue to ₹270.3 crore, serves as a testament to the company’s prowess in driving significant financial strides. Moreover, achieving an operating EBITDA of ₹70.6 crore with a commendable margin of 26.1% reflects Just Dial’s adeptness in operational management and sustainable profitability strategies. As Just Dial persists in its trajectory of innovation and expansion, buoyed by its burgeoning total income and escalating traffic, it emerges as a compelling investment prospect for stakeholders seeking to capitalize on India’s burgeoning digital growth narrative.
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