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 2023 to 2030 and assesses whether it is a promising stock to take into account for investment.
LATEST NEWS ABOUT JUST DIAL
- Justdial has joined forces with MSSIDC to facilitate the promotion of registered small businesses.
- The returns on capital for Just Dial indicate challenging times ahead.
HOW TO BUY JUST DIAL SHARES?
You can buy Just Dial shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF JUST DIAL : 2023 TO 2030
SHARE PRICE TARGET 2023 OF JUST DIAL
When | Maximum Price | Minimum Price |
July 2023 | ₹779.10 | ₹708.27 |
August 2023 | ₹794.68 | ₹722.44 |
September 2023 | ₹812.96 | ₹739.05 |
October 2023 | ₹789.28 | ₹717.53 |
November 2023 | ₹805.07 | ₹731.88 |
December 2023 | ₹829.22 | ₹753.84 |
Just Dial is projected to experience significant growth in its share price target for 2023. Based on the provided data, the maximum price targets range from ₹779.10 to ₹829.22, while the minimum price targets range from ₹708.27 to ₹753.84. These targets indicate potential fluctuations in the stock’s value throughout the year.
With a market capitalization of ₹6,304 Cr. and a stock P/E ratio of 38.7, Just Dial is positioned to attract investor interest. The projected growth percentage suggests positive prospects for the company’s share price. Investors should closely monitor market conditions and company performance to make informed decisions regarding Just Dial’s shares in 2023.
Considering the maximum and minimum price targets, there is an upward trend throughout the year. For instance, in July 2023, the maximum price target is ₹779.10, while the minimum price target is ₹708.27. This indicates a potential growth range of approximately 10%. Moving into August, the share price continued to rise, with a maximum of ₹794.68 and a minimum of ₹722.44. In September, the growth trend persisted as the maximum price reached ₹812.96 and the minimum price stood at ₹739.05. Despite a slight dip in October, with a maximum of ₹789.28 and a minimum of ₹717.53, the upward trajectory resumed in November, with a maximum price of ₹805.07 and a minimum price of ₹731.88. By the end of December 2023, the maximum price target of ₹829.22 and the minimum price target of ₹753.84 suggest a growth range of around 10%.
SHARE PRICE TARGET 2024 OF JUST DIAL
When | Maximum Price | Minimum Price |
January 2024 | ₹872.86 | ₹759.01 |
February 2024 | ₹948.76 | ₹825.01 |
March 2024 | ₹958.35 | ₹833.34 |
April 2024 | ₹871.22 | ₹757.59 |
May 2024 | ₹726.02 | ₹631.32 |
June 2024 | ₹871.22 | ₹757.59 |
July 2024 | ₹740.54 | ₹643.95 |
August 2024 | ₹814.59 | ₹708.34 |
September 2024 | ₹855.32 | ₹743.76 |
October 2024 | ₹1,006.26 | ₹875.01 |
November 2024 | ₹1,056.58 | ₹918.76 |
December 2024 | ₹1,077.71 | ₹937.14 |
Looking ahead to 2024, Just Dial’s share price target shows potential growth and fluctuations throughout the year. Analyzing the provided data, we can observe the projected minimum and maximum price targets for each month.
In January 2024, the maximum price target is ₹872.86, while the minimum price target is ₹759.01. This indicates a potential growth range of approximately 15%. The following months continue to exhibit varying price targets, reflecting potential growth and volatility. The most significant growth percentage occurred in October, with the share price reaching a maximum of ₹1,006.26. This represented a substantial increase compared to the preceding month and reflected a significant growth percentage of around 15% for investors. Similarly, November and December showed notable growth percentages, with the maximum prices reaching ₹1,056.58 and ₹1,077.71, respectively. s
It is important to note that these projected price targets can be subject to market conditions and external factors that may impact actual performance. Nevertheless, the data indicates an overall positive growth outlook for Just Dial’s share price in 2024. Investors should closely monitor the market, company performance, and any relevant news to make informed decisions regarding the potential growth and fluctuations of Just Dial’s shares in 2024.
SHARE PRICE TARGET 2025 OF JUST DIAL
When | Maximum Price | Minimum Price |
January 2025 | ₹1,099.26 | ₹845.59 |
February 2025 | ₹1,157.12 | ₹890.09 |
March 2025 | ₹1,214.97 | ₹934.60 |
April 2025 | ₹1,084.80 | ₹834.46 |
May 2025 | ₹986.18 | ₹758.60 |
June 2025 | ₹1,084.80 | ₹834.46 |
July 2025 | ₹1,033.14 | ₹794.72 |
August 2025 | ₹1,076.19 | ₹827.84 |
September 2025 | ₹1,130.00 | ₹869.23 |
October 2025 | ₹1,197.80 | ₹921.38 |
November 2025 | ₹1,281.64 | ₹985.88 |
December 2025 | ₹1,307.28 | ₹1,005.60 |
Looking ahead to 2025, Just Dial’s share price target indicates potential growth and fluctuations throughout the year.
In January 2025, the maximum price target is ₹1,099.26, while the minimum price target is ₹845.59. This suggests a potential growth range of approximately 30%.March marked another notable increase in the share price, reaching a maximum of ₹1,214.97 and a minimum of ₹934.60. This growth percentage demonstrated a positive trajectory for investors. However, April witnessed a slight decline in share price, with a maximum of ₹1,084.80 and a minimum of ₹834.46, resulting in a negative growth percentage for the month. The subsequent months also show varying price targets, reflecting potential growth and volatility.
Moving into the second half of the year, July exhibited a maximum price of ₹1,033.14 and a minimum price of ₹794.72, indicating a positive growth percentage. August continued the upward trend, with a maximum of ₹1,076.19 and a minimum of ₹827.84, contributing to the growth percentage of the stock. September and October demonstrated consistent growth percentages, as the share price increased to ₹1,130.00 and ₹1,197.80 at their respective maximums. For instance, in November 2025, the maximum price target reaches ₹1,281.64, while the minimum price target is ₹985.88, indicating a growth range of around 30%.
However, the data suggests an overall positive growth outlook for Just Dial’s share price in 2025.
JUST DIAL SHARE PRICE PREDICTION 2026-2030
Year | Maximum Price | Minimum Price |
2026 | ₹915.09 | ₹640.57 |
2027 | ₹777.83 | ₹544.48 |
2028 | ₹1,400.09 | ₹980.07 |
2029 | ₹2,876.01 | ₹2,013.21 |
2030 | ₹3,202.83 | ₹2,241.98 |
In 2026, the maximum price target is ₹915.09, while the minimum price target is ₹640.57. This suggests a potential growth range of approximately 43%. The subsequent year, 2027, witnessed a lower maximum price of ₹777.83 and a minimum price of ₹544.48. While this represents a decline in the share price compared to the previous year, it is essential to note that the growth percentage can still be positive or negative, depending on the comparison with previous periods.
Moving forward to 2028, the maximum price target jumps significantly to ₹1,400.09, with a minimum price target of ₹980.07. This indicates a substantial potential growth range of approximately 43%. The growth trend continued in 2029, as the share price soared to new heights. With a maximum price of ₹2,876.01 and a minimum price of ₹2,013.21, investors witnessed substantial growth in their investments during this year.
In 2030, Just Dial’s share price reached even higher levels, with a maximum of ₹3,202.83 and a minimum of ₹2,241.98. This growth further emphasized the potential for positive growth percentages, indicating a positive trend for investors during that year.
These projections suggest potential investment opportunities in Just Dial, with the share price predicted to experience significant growth over the years.
FINANCIAL CONDITION OF JUST DIAL : LAST 5 YEARS
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Sales | 892 | 953 | 675 | 647 | 845 |
Expenses | 663 | 680 | 520 | 649 | 759 |
Operating Profit | 229 | 273 | 155 | -2 | 86 |
OPM % | 26% | 29% | 23% | 0% | 10% |
Other Income | 93 | 140 | 150 | 122 | 142 |
Interest | 0 | 9 | 7 | 7 | 8 |
Depreciation | 34 | 52 | 42 | 30 | 32 |
Profit before tax | 288 | 352 | 255 | 83 | 188 |
Tax % | 28% | 23% | 16% | 15% | 13% |
Net Profit | 207 | 272 | 214 | 71 | 163 |
EPS in Rs | 31.93 | 41.96 | 34.62 | 8.49 | 19.32 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Note: All figures are in Crore INR (except EPS) and percentages. “OPM” refers to Operating Profit Margin.
From March 2019 to March 2020, the company experienced growth in sales, with an increase from 892 to 953. However, expenses also grew during this period, resulting in a slightly higher operating profit of 273 compared to the previous year’s 229. The operating profit margin (OPM %) increased from 26% to 29%, indicating improved profitability. Other income, interest, and depreciation also saw slight increases, leading to a higher profit before tax of 352 and a net profit of 272.
However, in March 2023, there was a recovery in the company’s performance. Sales increased to 845, and expenses were also higher, leading to an operating profit of 86. The operating profit margin improved to 10%.
EPS (Earnings Per Share) in rupees rose from ₹31.93 in March 2019 to ₹41.96 in March 2020. However, it dropped to ₹8.49 in March 2022 and recovered slightly to ₹19.32 in March 2023.
Lastly, the dividend payout percentage remained at 0% throughout the five-year period.
Just Dial’s financial indicators demonstrate its adeptness in overcoming challenges and achieving consistent performance, emphasizing its stability and potential for growth.
FAQS
HOW HAS JUST DIAL’S SALES PERFORMANCE EVOLVED OVER THE PAST FIVE YEARS?
Just Dial’s sales have shown fluctuations over the past five years. While there was an initial increase from ₹892 crore in March 2019 to ₹953 crore in March 2020, sales dropped to ₹675 crore in March 2021. However, there has been a slight recovery, with sales reaching ₹845 crore in March 2023.
WHAT IS THE SHARE PRICE TARGET OF JUST DIAL FOR 2025?
It is anticipated that Just Dial share price will increase to ₹1307 by the end of 2025.
WHAT IS THE SHARE PRICE TARGET FOR 2030?
Just Dial share price might reach around ₹3202 by the end of 2030.
WHAT ARE THE OPERATING PROFIT MARGINS(OPM) OF JUST DIAL OVER THE LAST FIVE YEARS?
For the years 2019,2020,2021,2022 and 2023 the OPM are 26%,29%,23%,0% and 10%.
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CONCLUSION
Buying Just Dial demands serious thought and investigation, to sum up. The company appears to have a combination of advantageous and difficult elements, according to the financial data supplied. Over the previous few years, Just Dial’s sales, operating profit, and net profit have all fluctuated.
Although some metrics, like sales and net profit, have shown signs of improvement, it is crucial to continuously monitor the company’s performance and market conditions.
Considering the potential growth targets and other financial indicators, investors should carefully analyze their risk tolerance, investment goals, and time horizon before considering an investment in Just Dial.

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