Pankaj Chadda and Deepender Goyal founded Zomato, an Indian company that delivers food to customers through a variety of delivery partners at any time or at a specified point in time. After customers place orders through the company’s web portal, Zomato connects restaurants with customers from different locations. The app is currently available in more than 1000 Indian cities.
Zomato Share Price Target 2024-2030
Since 2010, Zomato Limited has been a leading online platform for food service. Among the things it gives are food conveyance and feasting out administrations, Faithfulness projects and others. By December 31, 2020, Zomato will have expanded to 23 countries, with a total of 131,233 operating food delivery outlets, 161,637 delivery partners, and an average of 10.7 million customers placing monthly food orders.
Zomato Share Price Target Today Update
Share investments necessitate making educated decisions based on in-depth research and expert evaluation. You have come to the right place if you are interested in Zomato stocks. This weblog will offer definite bits of knowledge into the Zomato Offer Value Focus from 2024 to 2030. To give you the information you need to make an informed investment decision, our evaluation is based on the company’s growth, average performance, and future possibilities.
What Is Zomato?
Since its inception in 2008, Zomato has grown into a global food delivery company and restaurant aggregator. Settled in Gurugram, India, Zomato presents realities, menus, and client assessments of eating places notwithstanding feasts transport options from accomplice ingesting places in select out urban areas.
Zomato Business Profile
Its versatile application has been the top downloaded food and savors application India for every one of the first three monetary years on iOS Application Store and Google Play, in light of information from Q2FY24 which shows that the organization had 18.4 million normal month to month executing clients against 16.4 mn in the past quarter, Q4FY23.
The app receives approximately 90 billion monthly visits for the fiscal year that begins in March 2023 (FY23). Over 1,000 of India’s 248 cities have reached break-even, and Zomato has added over 500 new cities to its portfolio in FY22, making it one of the most active cities in the country.
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Business Segments
In general, Zomato operates in three business segments: hyper pure, dining out, and food delivery.
Food Delivery– Customers, Delivery Partners, and Restaurants are the three primary stakeholders in Zomato’s food delivery business. Orders for Zomato’s food delivery service have increased by 13.2 times in India over the years, from 30.6 million in FY18 to 403.
Dining Out-Zomato’s dining deals allow users to find restaurants, learn more about them, share their thoughts on the service they received, upload photos, and read reviews left by other customers. In addition, when they eat on particular premises, they can use it to pay caterers and reserve tables.
Hyper pure– HyperPure is Zomato’s service for delivering food from farm to table to restaurants. The company delivers raw, fresh, and unadulterated ingredients directly from growers, mills, and manufacturers in order to assist partners in streamlining their supply chain processes. We had invoiced 40,000 distinct restaurants by the end of Q2FY23.
Blinkit– The business is currently present in fifteen Indian cities. By the end of the twenty-fourth fiscal year (FY24), the company aims to have 480 locations. In addition, they anticipate reaching profitability in the first quarter of the 25th fiscal year (Q1FY25).
Zomato Share Price History
Zomato’s share price nse was 46 Rs per share in 2021, a significant decline from the company’s trend price of 139 Rs per share in 2021. The company suffered a significant setback as a result of this, resulting in a loss of 4,192 crore rupees in 2022. After that, Zomato’s NSE and BSE share prices continued to rise, but the company is currently also losing Rs 1200 crore.
The Destiny Growth of Zomato
Zomato’s focus on expanding its service offerings and user base indicates significant future growth potential in the food delivery and restaurant aggregation markets. Zomato is a significant player in the food delivery industry, with significant growth potential and a significant market position. According to our expert assessment, Zomato shares are anticipated to perform well in the upcoming years. Long-term customers may benefit from investing in Zomato.
Zomato Fundamentals & Quarterly Results
| Market Cap | ₹ 1,83,222 Cr. |
| Current Price | ₹ 208 |
| High / Low | ₹ 214 / 73.4 |
| Stock P/E | 522 |
| Book Value | ₹ 23.1 |
| Dividend Yield | 0.00 % |
| ROCE | 1.77 % |
| ROE | 1.76 % |
| Face Value | ₹ 1.00 |
| Debt to equity | 0.04 |
| Debt Capacity | 0.05 |
| Debt preceding year | ₹ 507 Cr. |
| Debt | ₹ 749 Cr. |
| Reserves | ₹ 19,545 Cr. |
| EPS | ₹ 0.40 |
| EPS last year | ₹ 0.40 |
| Pledged percentage | 0.00 % |
| FCF Prev Ann | ₹ -945 Cr. |
| EVEBITDA | 206 |
| Industry PE | 62.4 |
| PEG Ratio | 31.3 |
| Piotroski score | 7.00 |
| Earnings yield | 0.20 % |
| Sales growth 5Years | 56.0 % |
Zomato Quarterly Results
| Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
| Sales + | 1,212 | 1,414 | 1,661 | 1,948 | 2,056 | 2,416 | 2,848 | 3,288 | 3,562 |
| Expenses + | 1,662 | 1,721 | 1,973 | 2,314 | 2,282 | 2,464 | 2,895 | 3,237 | 3,476 |
| Operating Profit | -450 | -307 | -312 | -366 | -226 | -48 | -47 | 51 | 86 |
| OPM % | -37% | -22% | -19% | -19% | -11% | -2% | -2% | 2% | 2% |
| Other Income + | 130 | 168 | 170 | 173 | 171 | 181 | 212 | 219 | 235 |
| Interest | 2 | 5 | 12 | 16 | 15 | 18 | 16 | 18 | 20 |
| Depreciation | 38 | 42 | 107 | 155 | 134 | 130 | 128 | 128 | 140 |
| Profit before tax | -359 | -186 | -261 | -364 | -204 | -15 | 21 | 124 | 161 |
| Tax % | -0% | -0% | 4% | 5% | 8% | 113% | -71% | -11% | -9% |
| Net Profit + | -360 | -186 | -251 | -347 | -188 | 2 | 36 | 138 | 175 |
| EPS in Rs | -0.46 | -0.24 | -0.29 | -0.41 | -0.22 | 0.00 | 0.04 | 0.16 | 0.20 |
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CAGR Report
| Metric | 10 Years | 5 Years | 3 Years | TTM / 1 Year |
| Compounded Sales Growth | % | 56% | 82% | 71% |
| Compounded Profit Growth | % | 17% | 38% | 133% |
| Stock Price CAGR | % | % | % | 183% |
| Return on Equity | % | -9% | -5% | 2% |
Zomato Shareholding Pattern
| Mar 2022 | Mar 2023 | Mar 2024 | |
| FIIs + | 10.44% | 54.61% | 55.11% |
| DIIs + | 3.05% | 8.04% | 15.28% |
| Public + | 83.60% | 35.15% | 28.05% |
| Others + | 2.91% | 2.22% | 1.58% |
| No. of Shareholders | 14,20,336 | 19,10,058 | 19,16,416 |
Zomato Share Price Target 2024-2030 Forecast
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹155.75 | ₹195.81 | ₹219.84 |
| 2025 | ₹224 | ₹211 | ₹252 |
| 2026 | ₹257 | ₹241 | ₹288 |
| 2027 | ₹294 | ₹276 | ₹328 |
| 2028 | ₹335 | ₹315 | ₹376 |
| 2029 | ₹384 | ₹362 | ₹431 |
| 2030 | ₹440 | ₹414 | ₹495 |
ZOMATO Share Price Target 2025
| Month | Target |
| January | ₹224 |
| February | ₹228 |
| March | ₹233 |
| April | ₹225 |
| May | ₹218 |
| June | ₹211 |
| July | ₹219 |
| August | ₹228 |
| September | ₹237 |
| October | ₹242 |
| November | ₹247 |
| December | ₹252 |
ZOMATO Share Price Target 2026
| Month | Target |
| January | ₹257 |
| February | ₹262 |
| March | ₹267 |
| April | ₹258 |
| May | ₹249 |
| June | ₹241 |
| July | ₹251 |
| August | ₹261 |
| September | ₹271 |
| October | ₹276 |
| November | ₹282 |
| December | ₹288 |
ZOMATO Share Price Target 2027
| Month | Target |
| January | ₹294 |
| February | ₹300 |
| March | ₹306 |
| April | ₹296 |
| May | ₹286 |
| June | ₹276 |
| July | ₹287 |
| August | ₹298 |
| September | ₹310 |
| October | ₹316 |
| November | ₹322 |
| December | ₹328 |
ZOMATO Share Price Target 2028
| Month | Target |
| January | ₹335 |
| February | ₹342 |
| March | ₹349 |
| April | ₹337 |
| May | ₹326 |
| June | ₹315 |
| July | ₹328 |
| August | ₹341 |
| September | ₹355 |
| October | ₹362 |
| November | ₹369 |
| December | ₹376 |
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ZOMATO Share Price Target 2029
| Month | Target |
| January | ₹384 |
| February | ₹392 |
| March | ₹400 |
| April | ₹387 |
| May | ₹374 |
| June | ₹362 |
| July | ₹376 |
| August | ₹391 |
| September | ₹407 |
| October | ₹415 |
| November | ₹423 |
| December | ₹431 |
ZOMATO Share Price Target 2030
| Month | Target |
| January | ₹440 |
| February | ₹449 |
| March | ₹458 |
| April | ₹443 |
| May | ₹428 |
| June | ₹414 |
| July | ₹431 |
| August | ₹448 |
| September | ₹466 |
| October | ₹475 |
| November | ₹485 |
| December | ₹495 |
Final Words
The Zomato share is gradually entering the platform because, in the past, the company suffered a significant loss. However, the stock has recently recovered, and the company itself is currently suffering a significant loss. Therefore, you must comprehend the company’s position and the Zomato Share Price Target 2025, 2030, and 2040 prior to investing in this stock. The NSE and BSE prices of Zomato shares have reached a 52-week high of 213 Rs per share. However, Zomato stock has a low return percentage; both short-term and long-term investments yield low returns.
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