Why is Just Dial Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 10.24% and Operating profit at 15.68% over the last 5 years
2
Flat results in Dec 25
- NON-OPERATING INCOME(Q) is 50.77 % of Profit Before Tax (PBT)
- EPS(Q) Lowest at Rs 13.87
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -24.22% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in E-Retail/ E-Commerce)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Just Dial for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Just Dial
-24.22%
-0.74
32.84%
Sensex
5.37%
0.47
11.36%
Quality key factors
Factor
Value
Sales Growth (5y)
10.24%
EBIT Growth (5y)
15.68%
EBIT to Interest (avg)
12.13
Debt to EBITDA (avg)
0.45
Net Debt to Equity (avg)
-1.13
Sales to Capital Employed (avg)
0.24
Tax Ratio
22.21%
Dividend Payout Ratio
0
Pledged Shares
13.90%
Institutional Holding
14.92%
ROCE (avg)
-37.44%
ROE (avg)
10.72%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
27
Price to Book Value
1.38
EV to EBIT
5.83
EV to EBITDA
4.59
EV to Capital Employed
-1.92
EV to Sales
0.95
PEG Ratio
2.81
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
9.02%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
5What is working for the Company
NET SALES(Q)
Highest at Rs 305.69 cr
PBDIT(Q)
Highest at Rs 95.24 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 31.16%
PBT LESS OI(Q)
Highest at Rs 82.07 cr.
-2What is not working for the Company
NON-OPERATING INCOME(Q)
is 50.77 % of Profit Before Tax (PBT
EPS(Q)
Lowest at Rs 13.87
Loading Valuation Snapshot...
Here's what is working for Just Dial
Net Sales - Quarterly
Highest at Rs 305.69 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 95.24 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 31.16%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 82.07 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Just Dial
Non Operating Income - Quarterly
is 50.77 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Earnings per Share (EPS) - Quarterly
Lowest at Rs 13.87
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






