<ul data-eligibleForWebStory="false">Eternal Ltd.-owned Blinkit's transition to an inventory-led business model is expected to expand operating margins, as per JM Financial analysts.With this shift, Blinkit will directly sell to customers and maintain its inventory, moving away from reliance on third-party sellers.The change follows approval of a 49.5% foreign ownership cap, aligning with regulations for an inventory-led e-commerce model.Analysts estimate that Blinkit's Ebitda margin could improve by 50-110 basis points, leading to Ebitda break-even by December quarter of this fiscal.