Eternal Market Update: February 2026 Eternal shares have faced significant volatility following a high-profile leadership transition and intensifying sector rivalry. As of **February 25, 2026**, the stock is trading near **255.30**, marking a decline of approximately **10%** since the start of the year. The price is currently resting below its **50-day and 200-day** moving averages, reflecting a loss of momentum after reaching a peak of **368.45** in late 2025. Strategic Leadership Shift A major catalyst for recent market uncertainty is the resignation of the founder from the CEO position, effective **February 1, 2026**. The former CEO has transitioned to the role of Vice Chairman to focus on external ventures. The leadership of the group has been handed to the head of the quick commerce division, a move designed to centralize the company’s focus on its fastest-growing vertical. Performance and Profitability Despite the stock price slump, the company’s Q3 FY26 financials showed fundamental strength. Consolidated net profit jumped **73%** year-on-year to reach **102 crore**. Revenue from operations witnessed a massive surge, climbing over **200%** to **16,315 crore**, though analysts noted this figure was partially boosted by a shift to an inventory-led accounting model in the quick commerce segment. Segment Breakdown The quick commerce arm reached a significant milestone by achieving adjusted EBITDA breakeven with a **4 crore** profit. The network expanded aggressively, ending the quarter with **2,027 stores**, with management targeting up to **4,000 stores** by March 2027. Meanwhile, the core food delivery business remains the primary profit engine, reporting an all-time high adjusted EBITDA margin of **5.4%**. Competitive Landscape and Outlook The broader market remains cautious as competitors like Swiggy and Zepto escalate spending to capture market share. While Eternal maintains a robust cash position of **17,820 crore**, the capital-intensive nature of the 10-minute delivery model continues to weigh on overall margins. Analysts view the current correction as a valuation reset, suggesting a period of cautious accumulation as the market awaits more predictable earnings under the new leadership structure.