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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comJust Dial Ltd is one of India’s oldest and most trusted local search and business discovery platforms. Over the years, the company has transitioned from a traditional phone-based directory model to a digital-first platform, serving millions of users across mobile apps, websites, and voice-based services.
With strong promoter backing, a debt-free balance sheet, and a renewed focus on profitability and monetization, Just Dial has regained investor attention. In this article, we analyze Just Dial Ltd share price targets from 2026 to 2030 based on current market data, business fundamentals, and long-term digital services trends.
| Detail | Value |
|---|---|
| Open | ₹653.50 |
| Previous Close | ₹652.85 |
| Day’s High | ₹654.60 |
| Day’s Low | ₹632.15 |
| VWAP | ₹641.16 |
| 52-Week High | ₹1,048.90 |
| 52-Week Low | ₹632.15 |
| All-Time High | ₹1,894.40 |
| All-Time Low | ₹250.00 |
| Market Capitalization | ₹5,447 Cr |
| Volume | 48,179 |
| Value (Lacs) | ₹308.63 |
| 20D Avg Volume | 1,27,994 |
| 20D Avg Delivery (%) | 39.11% |
| Face Value | ₹10 |
| Book Value Per Share | ₹574.21 |
| Beta | 1.23 |
| UC Limit | ₹783.40 |
| LC Limit | ₹522.30 |
Just Dial Ltd provides local search, listings, and digital marketing solutions for small and medium businesses (SMEs). Its platform connects consumers with local merchants across categories such as restaurants, healthcare, education, real estate, repairs, and professional services.
The company earns revenue primarily through paid listings, advertisements, and lead generation services. With increasing digital adoption among small businesses, Just Dial continues to play a key role in India’s local commerce ecosystem.
Strong brand recognition in local search
Asset-light, cash-generating business model
Large SME and merchant database
Debt-free balance sheet with healthy cash reserves
High promoter ownership ensuring stability
| Investor Type | Holding (%) |
|---|---|
| Promoters | 74.15% |
| Retail & Others | 10.93% |
| Mutual Funds | 8.52% |
| Foreign Institutions | 5.96% |
| Other Domestic Institutions | 0.45% |
High promoter holding reflects long-term commitment and confidence in the company’s future.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 820 | 900 |
| 2027 | 950 | 1,050 |
| 2028 | 1,100 | 1,230 |
| 2029 | 1,280 | 1,450 |
| 2030 | 1,500 | 1,700 |
These estimates are based on gradual revenue growth, margin improvement, and stable demand for local digital advertising services.
By 2026, Just Dial may benefit from improved monetization of its user base and merchant listings.
Growth Drivers:
Higher digital ad spending by SMEs
Better conversion of free listings to paid plans
Stable operating margins
Investment View: Suitable for medium-term investors seeking steady returns.
In 2027, Just Dial’s profitability focus could strengthen earnings visibility.
Growth Drivers:
Increased penetration in Tier-II and Tier-III cities
Improved customer retention
Cost-efficient digital operations
Investment View: Positive outlook with moderate risk.
By 2028, the company may see consistent cash flows and stronger valuation multiples.
Growth Drivers:
Rising demand for hyperlocal discovery
Integration of analytics and performance-based ads
Strong brand trust
Investment View: Attractive for long-term portfolio stability.
As local commerce digitization accelerates, Just Dial could consolidate its market position.
Growth Drivers:
Expansion of value-added merchant services
Higher repeat usage by consumers
Operational efficiency
Investment View: Suitable for investors looking for steady compounding.
By 2030, Just Dial may emerge as a mature, high-cash-flow digital services company.
Growth Drivers:
Strong SME digital adoption
Predictable revenue streams
Long-term relevance in local search
Investment View: Good long-term wealth preservation and growth candidate.
Just Dial Ltd represents a low-debt, cash-generating digital services business with stable fundamentals. While it may not offer hyper-growth like new-age startups, it provides consistency and downside protection.
High promoter holding
Strong balance sheet
Stable business model
Exposure to SME digitization
Competition from global search platforms
Slower revenue growth compared to tech startups
Dependence on SME advertising cycles
Monitoring quarterly earnings and paid subscriber growth remains important.
Just Dial Ltd continues to be a reliable player in India’s local digital discovery space. Its focus on profitability, strong promoter backing, and asset-light model make it appealing for conservative and long-term investors.
Based on current trends and assumptions, Just Dial Ltd share price may range between ₹1,500 and ₹1,700 by 2030, provided steady execution and stable market conditions.
1. What is the current share price of Just Dial Ltd?
It trades close to the levels mentioned in the latest market data and fluctuates daily.
2. Is Just Dial Ltd a good long-term investment?
It may suit investors seeking stable returns with lower risk compared to high-growth tech stocks.
3. What is the Just Dial share price target for 2026?
The expected range is ₹820 to ₹900.
4. What is the Just Dial share price target for 2030?
The projected range is ₹1,500 to ₹1,700.
5. What impacts Just Dial’s share price the most?
SME advertising demand, digital adoption trends, profitability, and overall market sentiment.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a qualified financial advisor before making investment decisions.
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