Justdial is an Indian internet technology company that operates as a local search engine and directory service. It provides a platform for users to search for a wide range of services, including restaurants, hotels, hospitals, banks, taxis, and more. The company offers its services through multiple channels, including phone, website, and mobile apps.
Founded in 1996 by V. S. S. Mani, Justdial quickly gained popularity in India as a reliable source for local information and contact details. It has since grown to become one of the leading local search providers in the country.
This article examines Just Dial’s’ share price objective from 2024 to 2030 and assesses whether it is a promising stock to take into account for investment.
Just Dial Q4 FY24 Results: Shares jump over 13% after Q4FY24 results
- Just Dial’s Q4 FY24 results revealed a 38.44% increase in consolidated net profit to ₹115.74 crore compared to the same period last fiscal year.
- Operating revenue saw a substantial 16.2% year-on-year growth to reach ₹270.3 crore, with a 2% increase quarter-on-quarter.
- The operating EBITDA amounted to ₹70.6 crore, showcasing an EBITDA margin of 26.1% and significant expansion of 1,176 bps year-on-year and 334 bps quarter-on-quarter.
- Total income during the quarter rose to ₹361.56 crore from ₹306.69 crore in the year-ago period.
- Despite a slight increase in expenses to ₹214.12 crore, the company’s consolidated net profit for the fiscal year ended March 31, 2024, surged to ₹362.93 crore from ₹162.72 crore in the previous fiscal year.
- Just Dial witnessed an uptick in total traffic, with 171.1 million unique visitors, marking a 7.4% increase year-on-year and 3.1% quarter-on-quarter.
H0w to Buy Just Dail Shares?
You can buy Just Dial shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
Share Price Prediction of Just Dail 2024, 2025 to 2030
Share Price Target of Just Dail 2024
| When | Maximum Price | Minimum Price |
| June 2024 | 1,052.30 | 915.05 |
| July 2024 | 1,041.78 | 905.90 |
| August 2024 | 1,083.45 | 942.13 |
| September 2024 | 1,126.79 | 979.82 |
| October 2024 | 1,104.70 | 960.61 |
| November 2024 | 1,148.88 | 999.03 |
| December 2024 | 1,160.37 | 1,009.02 |
In 2024, Just Dial’s share prices are projected to fluctuate. In June, the maximum price is expected to be 1,052.30, with a minimum of 915.05. By December, the maximum is anticipated to peak at 1,160.37, with a minimum of 1,009.02. This trend indicates a generally positive outlook for Just Dial’s market performance throughout the year.
Share Price Target of Just Dail 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,220.24 | 938.64 |
| February 2025 | 1,232.56 | 948.12 |
| March 2025 | 1,258.44 | 968.03 |
| April 2025 | 1,245.98 | 958.45 |
| May 2025 | 1,209.69 | 930.53 |
| June 2025 | 1,264.13 | 972.41 |
| July 2025 | 1,239.34 | 953.34 |
| August 2025 | 1,277.67 | 982.83 |
| September 2025 | 1,293.01 | 994.62 |
| October 2025 | 1,326.62 | 1,020.48 |
| November 2025 | 1,359.79 | 1,045.99 |
| December 2025 | 1,420.98 | 1,093.06 |
As we step into 2025, Just Dial’s share prices are projected to fluctuate. In January, the maximum price is expected to be 1,220.24, with a minimum of 938.64. By December, the maximum price is anticipated to peak at 1,420.98, with a minimum of 1,093.06.
Just Dail Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1495.09 | ₹940.57 |
| 2027 | ₹1677.83 | ₹744.48 |
| 2028 | ₹1,700.09 | ₹980.07 |
| 2029 | ₹2,006.01 | ₹1,013.21 |
| 2030 | ₹2,202.83 | ₹1,241.98 |
In 2026, the Just Dial share price is projected to fluctuate, with the maximum price reaching ₹1495.09 and the minimum price expected to be around ₹940.57. Moving into 2027, further volatility is anticipated, with the share price ranging from a high of ₹1677.83 to a low of ₹744.48. By 2028, the share price is forecasted to stabilize somewhat, with a maximum of ₹1,700.09 and a minimum of ₹980.07. In 2029, a gradual increase in the share price is expected, reaching a maximum of ₹2,006.01 and a minimum of ₹1,013.21. Finally, by 2030, the Just Dial share price is anticipated to continue its upward trajectory, with a maximum projected at ₹2,202.83 and a minimum around ₹1,241.98.
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 five-year period from March 2020 to March 2024, the company saw steady growth in sales, rising from ₹953 crore to ₹1,043 crore. Despite increasing expenses, which climbed from ₹680 crore to ₹826 crore over the same period, the company managed to maintain a healthy operating profit, reaching ₹217 crore by March 2024. Operational efficiency, as indicated by the operating profit margin (OPM %), rebounded from a low of 0% in March 2022 to 21% by March 2024. Other income contributed significantly to profitability, increasing from ₹140 crore to ₹305 crore. Overall, the company demonstrated consistent growth in profitability, with net profit rising from ₹272 crore to ₹363 crore, and earnings per share (EPS) improving from ₹41.96 to ₹42.68. Throughout this period, the company retained earnings, choosing not to distribute dividends, likely to support reinvestment in growth initiatives or strengthen its financial position.
FAQS
How has Just Dail Sales Performance Evolved Over the past five years?
Just Dial’s sales have shown fluctuations over the past five years. Over the past five years, Just Dial’s sales performance has shown a consistent upward trend. Starting from ₹953 crore in March 2020, the sales figures have steadily increased, reaching ₹1,043 crore by March 2024. This indicates a positive trajectory in the company’s revenue generation over the specified period.
What is the share price target of Just Dail for 2025?
It is anticipated that Just Dial share price will increase to ₹1,420.98 by the end of 2025.
What is the share price prediction of Just Dail for 2030?
Just Dial share price is expected to reach around ₹2,202.83 by the end of 2030.
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CONCLUSION
In conclusion, Just Dial’s recent Q4 FY24 results underscore its robust performance and resilience in the Indian internet technology landscape. With a remarkable 38.44% increase in consolidated net profit to ₹115.74 crore, alongside a significant 16.2% year-on-year growth in operating revenue to ₹270.3 crore, the company has demonstrated its ability to drive substantial financial gains. Furthermore, achieving an operating EBITDA of ₹70.6 crore with an impressive margin of 26.1% signifies Just Dial’s efficient operational management and profitability. As the company continues to innovate and expand its reach, supported by its growing total income and traffic, it presents a promising investment opportunity for those seeking exposure to India’s digital growth story.
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