Hi, are you searching for a Zomato Share price target, prediction, or forecast for 2024,2025 till 2050 then you are in the right place. In this article, I will provide a detailed analysis of Zomato’s share price based on fundamentals and technicals and give you detailed information about the company. so details are given below, if you like this share it with your friends and family.
Zomato is a Technology-based platform that connects customers, restaurant partners, and delivery partners across local markets and serves their multiple needs.
Zomato business areas
Food ordering and delivery
Hyperpure (B2B supplies)
Dining-out and others.
Food ordering and delivery
The company delivers a gross of 213 Billion Rs. Of food through India in 2021, the orders cover more than 535.2 million in the year 2021. The active more than 1000 Cities. The company created a platform where customers search for the best restaurant nearby order the food at their convenience and pay either in cash or via online payment methods.
The company generates its significant revenue from the commission that the restaurant partner pays to the company. In addition, the company also generates revenue from food delivery-related advertising from restaurant partners.
Hyperpure (B2B supplies)
The company also supplies fresh, hygienic, quality ingredients directly from farmers, mills, and producers to their restaurant partners and helps them to make their supply chains more effective.
Dining-out and others.
The Company also helps the customer search and discover restaurants, read and write reviews, upload photos, book a table, and make payments while dining out at restaurants.
Zomato Company Information
| Sector | E-commerce |
| Company Name | Zomato Limited |
| incorporated | July 2008 |
| Funder | Mr. Deepinder Goyal and Mr. Sanjeev Bikhchandani |
| Chairman | Mr. Kaushik Dutta |
| Headquarter | Gurgaon, Haryana |
| website | zomato.com |
History of the Zemato Share price
Zomato listed in NSE 23 July 21, opening at 116 Rs made a high of 138.90 for the day. On 16 Nov 2021, the share made its all-time high of 169 Rs. After that, the stock began a downtrend and made a low of 75.50 Rs. On 16 Mar 2022.
The stock tries to move high but Major 88 is not able to cross. After that, the continued downward trend made a low of 50.05 on 10 May 2022. The next day the stock buns back and made a high of 79.80 Rs on 1 Jun 2022 but fails to sustain that level again the stock continues a downtrend.
Finally, the made its all-time low of 40.60 on 27 Jul 2022. The stock started its uptrend and made a high of 69.25 on 18 Aug 2022 and the stock went in range bond between 75 to 55 till 22 Dec 2022 and breaks the range downside making a low of 44.35 on 25 Jan 2023.
Now the stock is trading at nearly 54 Rs. trying to break 55 levels.
Fundamentals of Zomato Ltd.
| Market Cap | 46,393.21 Cr |
| EPS | -0.61 |
| PE | -81.58 |
| PB | 2.09 |
| ROE | -2.56 |
| Book Value | 23.78 |
| Cash | 1,464 Cr. |
| DEBT | 0 Cr. |
| Sales Growth | 110.69% |
| Profit Growth | -23.93% |
Fundamental Analysis of Zomato Ltd.
Before investing in the company we have to check some financial ratios of the company to know the financial condition of the company. Here some ratios are discussed below
The company shows good sales growth of 110.69% which is fair in relation to its growth and performance.
The price-to-earnings ratio of the company is -87.37% which is low and undervalued which indicates for every rupee of earnings how much an investor is willing to pay for a share.
The current ratio is used to measure the company’s ability to pay its short-term liabilities with its short-term assets. Zomato has a current ratio of -9.53% which is negative for the company. A higher Current ratio is better for the company’s future.
Debt to Equity ratio: the company has a ‘zero’ DE ratio which means the company has a low proportion of debt in its capital. High debt creates a burden on the interest paid for the company.
The company is not paying any dividends to its investors.
Return on Assets – ROA measures how a company can earn on its investment in assets. The ROA of the company is -8.37% which is bad for the company’s future performance.
The company has not pledged any of its stacks.
Technical Analysis of Zomato Ltd.
Now the stock is trading at nearly 54 to 55 range as of 8 Feb 2023. The near resistance for the stock is 55. The next resistance is 60. If the stock does not cross the 55 levels the first support is 50 Rs and 46 Rs.
If the stock sustains above 55 then its first target is 60, the second target is 68, and the third target is 75 for the short term.
Zomato Share Holding Pattern
FII holding in Zomato is more than 56 % which indicates that smart money believes that the company can grow in the future.
DII holding in Zomato is up to 7 % which is below 10%, not good for the company.
Promoter holding is ‘zero’ which indicates no control of the promoter over the company.
Public holding is more than 35% which creates more liquidity in the market if some bad news comes against the company.
Zomato Ltd Share price target
| Year | Minimum | Maximum |
| 2023 | 50 | 63 |
| 2024 | 60 | 88 |
| 2025 | 102 | 169 |
| 2030 | 249 | 378 |
| 2035 | 508 | 670 |
| 2040 | 785 | 978 |
| 2045 | 1242 | 1330 |
| 2050 | 1511 | 1654 |
Zomato Share price Target/prediction/Forecast
Zomato Share Price Target 2023
Zomato share price target for 2023 will be a minimum of 50 and a maximum will be 63. The expected target will be 59.
Zomato Share Price Target 2024
Zomato’s Share price Target for 2024 will be a minimum of 60 and a maximum will be 88. The expected target will be 85.
Zomato Share Price Target 2025
Zomato’s Share price Target for 2025 will be a minimum of 102 and a maximum will be 169. The expected target will be 163.
Zomato Share Price Target 2030
Zomato’s Share price Target for 2030 will be a minimum of 249 and a maximum will be 378. The expected target will be 245.
Zomato Share Price Target 2035
Zomato’s Share price Target for 2035 will be a minimum of 508 and a maximum will be 670. The expected target will be 658.
Zomato Share Price Target 2040
Zomato’s Share price Target for 2040 will be a minimum of 785 and a maximum will be 978. The expected target will be 968.
Zomato Share Price Target 2045
Zomato’s Share price Target for 2045 will be a minimum of 1242 and a maximum will be 1330. The expected target will be 1322.
Zomato Share price Target 2050
Zomato’s Share price Target for 2050 will be a minimum of 1511 and a maximum will be 1654. The expected target will be 1649.
Conclusion:
In recent years Zomato doing well, and the sales of the company increasing but the company is in a low profit. Smart money investment signals that the company may do well in the future. So taking all aspects into consideration it may become multi-baggers in the future. So before investment check once all ratios and technicals. for more information, you can mail us or comment below and rate us.
