Eternal: Delivery Partner Base Doubles in FY26

Key Update: Eternal has doubled its electric-vehicle (EV) delivery partner base to more than 1 lakh in FY26. Around 3 million people delivered orders through the company’s platforms, Zomato and Blinkit, during FY26. The expansion reflects the growing adoption of EVs across the company’s delivery network. The initiative supports the company’s efforts to increase EV usage in food delivery and quick-commerce operations. Fundamental Ratios: Key metrics such as P/E, ROE, ROCE and debt-to-equity should be reviewed along with the latest financial results. Risk Factors: Intense competition in food delivery and quick commerce Delivery-partner retention and incentive costs EV charging infrastructure and operating costs Regulatory changes affecting gig workers Profitability and cash-flow pressures Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult a SEBI-registered investment professional before making investment decisions.