Urban Company gets Buy call with ₹190 target; profitability seen only in FY30

Brokerage initiates Urban Company at Buy with a ₹190 target, citing India home-services growth, micro-market density and cross-sell potential from InstaHelp. It expects profitability only in FY30 amid incubation spending, international losses and competitive risks.

Newer report , , NDTV Profit : Brokerages keep Urban Company on radar as UPI MDR debate gains momentum

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Current market price: ₹168.50

Also in the report

  • 19.8% FY26-29E NTV CAGR for India consumer services excluding InstaHelp
  • 47.4% FY26-29E adjusted EBITDA CAGR for India consumer services

Other figures

  • 10.4x FY28E revenue
  • 8.3x FY29E revenue

The source

Source Read the source at The Hindu BusinessLine

Published

First seen