Eternal, the parent company of Zomato, has announced a significant new round of employee stock option plans (ESOPs) worth over ₹200 crore, underlining its continued focus on rewarding and retaining talent.
In a regulatory filing on Wednesday, the company confirmed the approval of 6.41 million stock options. Each option can be converted into one equity share with a face value of ₹1, exercisable at ₹1 per share.
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Based on Eternal’s prevailing market price of approximately ₹328, the total value of the grant is estimated at around ₹210 crore.
This latest initiative follows an ESOP allotment worth ₹26 crore cleared in July. The company has been making extensive use of stock options as an incentive tool, with Blinkit founder Albinder Dhindsa also spearheading a major ESOP exercise earlier in the year.
Eternal’s financial performance reflects strong topline growth, with operating revenue for Q1 FY26 rising 70 per cent year on year to ₹7,167 crore. However, net profit dropped sharply to ₹25 crore, down from ₹253 crore in the same period last year.
Despite the profit decline, investor sentiment has remained broadly positive. Shares of Eternal have advanced nearly 19% since the beginning of the year.
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