Zomato Share Price Target 2024, 2025, 2026, 2027, 2030. Look At The Highest Price

If you think about which share will be best for investment in recent times then you should know about Zomato Share Price Target. Today in our blog we will explain the basic idea about Zomato Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Zomato Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price on a yearly basis. We use expert data and analysis to give a clear knowledge about Zomato Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s have a look at Zomato Share Price Target 2024 to 2030.

What is Zomato Company?

Zomato is an Indian multinational restaurant and food delivery company. The Company was founded in the year 2008. Zomato Company supplies its products to more than 1000 Indian cities and towns through overall India.

Overview Of Zomato Ltd Company

Zomato Company was founded by Mr. Deepinder Goyal and Pankaj Chaddah and the company was first founded as FoodieBay in 2008. From the year 2011, the company expanded its brunches to Delhi, Chennai, Pune, Bangalore, Ahmedabad and Hyderabad. In the year 2012, the company also spread its business in different international countries like Sri Lanka, the Philippines, South Africa, and the United Kingdom. From the year 2013, the company also spread business in New Zealand, Indonesia, Turkey, Brazil, and many other different countries.

After starting the business in the restaurant base the company also started its business through the online delivery process in the year 2015. At that time Zamato Company did not have delivery services, but with the help of Delhivery company’s online service system, the company started its business. According to the investigation of 2022 Zomato Company has employee more than 4000. With the company’s growth, the sales growth and profit growth of the company also increase.

Financial Data Analysis Zomato Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Zomato Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Zomato Ltd Company has a PE ratio of 143.40, which is overvalued.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Zomato Ltd Company has a ROA of 0.60%, which is a very bad sign for the company’s growth.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Zomato Ltd Company has a current ratio of 9.89, which is comparatively better.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Zomato Ltd Company has an ROE of 0.68%, which should be high.

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Zomato Share Price Target 2024, 2025, 2027, 2030

Zomato Share Price Target is a bullish trend in the share market. Zomato Share is under enlisted BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). In the past 1 year, the share price increase rate was +141.02 (172.55%), in the past 6 months, the share price increase rate was +89.61 (67.32%), and the last 1 month’s share price increase rate was +38.27 (20.69%) the maximum share price increase rate is +97.21 (77.15%).

Being a food delivery company the company has had a huge demand in recent times and always runs to good profit. Zomato Share Price Target always gives good returns to the investors. In recent months Zomato Share hit a lower circuit but on a term basis, it must be beneficial. Let’s have a look at Zomato Share Price Target 2024 to 2030.

Zomato Share Price Target 2024

Zomato is one of the most user-friendly apps where customers can search for famous restaurants, and cafes in their locality to order their chosen food online and able to get the delivery at their doorstep. Through this app, customers also be able to search famous restaurants, and their food supply capacity, get information about restaurant reviews and ratings and the customers know about restaurants’ hygiene policy-related ratings. In recent times Zomato has acquired 15 organizations and one of the most famous Blinkit which was acquired in 2022, March.

For more demand increasing of the company the sales rate of the company always increases. The last 3 years’ sales rate was 27% and last year’s sales rate was 31%. The net sales amount was ₹3712 Crore in March 2022, it became ₹4693.12 Crore in 2023, March. If we look at the share price forecast, Zomato Share Price Target 2024 the 1st Price Target is ₹170 and the 2nd Price Target is ₹440.

Zomato Share Price Target 2025

By providing an online delivery system Zomato Company become one of the most valuable companies in the Indian Startup ecosystem. Especially with the COVID situation people getting more habituated to online food delivery of food, ordering grocery items, and many other online delivery systems. Zomato Company also has a facility to supply Grocery items. The Company delivers grocery items to more than 80 cities nationwide. To continue the online grocery delivery system Zomato Company partnering with online grocery companies like BigBasket and Grofers.

The revenue growth from the operation of Zomato Company increased by 16.4% in the last year. In the financial year 2024 quarter two, the revenue amount was ₹2,785 Crore which became ₹3,895 Crore in financial year 2024 quarter three. Comparatively within the third quarter of the last financial year 2023, the operating revenue growth was 63.2%.

Zomato Company earns 52.12% revenue within its total operating revenue from the food ordering and delivery business in the base of the 2024 quarter there results. If we look at the share price forecast Zomato Share Price Target 2025, the 1st Price Target is ₹450 and the 2nd Price Target is ₹660.

Zomato Share Price Target 2027

As an online delivery app Zomato Ltd Company always emphasizes advertisement and promotion. According to analysts, the company invests ₹375 Crore in this field. For this purpose, total expenditure increases by 12.1% against ₹3,425 Crore as per quarter three result of financial year 2024. Zomato’s quick commerce subsidiary Blinkit’s revenue also increased by 115% for the last financial year 2023-24, through Blinkit’s 46.1 million customer orders in one year’s analysis record.

For the company’s growth, the profit amount of the company also increased last 3 years profit growth was 27% which became 112.56% in the last 1 year which means the company is increasing rapidly. The net profit amount became ₹137 Crore in the October-December quarter result for the financial year 2023-24 compared to last year’s net loss of ₹349 Crore. If we look at the share price forecast Zomato Share Price Target 2027 the 1st Price Target is ₹880 and the 2nd Price Target is ₹1095.

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Zomato Share Price Target 2030

Being an online delivery app the company also has an agreement with a global data management System. The company always maintains privacy about customer data at the time of order placement besides that the company maintains safe online payment methods which may be done by the customer. Zomato is required to refund the order payment amount to the customer if it will be necessary. Zomato uses a centralized system for receiving orders. Zomato Company also asks restaurants for self-declaration about maintaining proper hygiene which is described by WHO.

As Zomato Company has brunches outside of India and delivers its product for this reason the FII investors in this company are high which is 55-56% which means half a portion of the share is held by FII which is a very good part for the company’s further growth.

To increase its growth rate company also focuses more on spreading its business in the International market. In the future, they will grow more with the new digitization of the world. Zomato also thinking about spreading the business in semi-urban areas. All forecasts of shares depend on the favorable condition of the market, the company’s profit growth, and overall company performance. If we look at the forecast share price Zomato Share Price Target 2030 the 1st Price Target is ₹1745 and the 2nd Price Target is ₹1936.25.

How To Purchase Zomato Share?

The most common trading platform for purchasing the Zomato Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of Zomato

• IRCTC
• BLS E-Services
• AGS Transact
• MOS Utility

Investors types and ratio of Zomato Company

There are mainly three Types of Investors in Zomato Company. Depending upon the ratios the company’s growth also depended.

Public Holding

Public Investors an individuals who invest in the public market for profit in the future (large and small companies). Zomato Company’s Public Holding capacity is 30.03%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries company. For Zomato Company FII is 55.01%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. For Zomato Company DII is 14.96%.

Advantages and Disadvantages Of Zomato Share

Every share has some advantages and some disadvantages also. So, Zomato Share also has some advantages and disadvantages which are described below.

Advantages

• The revenue growth of the company is 16.4% in the last year and it’s grown rapidly on a quarters basis.
• The profit growth of the company also increased rapidly which is 112.56% in the last year.
• The company has a healthy cash conversation cycle which is 8.95 days which is very good for the cash investment cycle.
• The company has a healthy liquidity position with a current ratio that is 8.45 which is good for the company’s growth.
• The company has a small amount of debt.

Disadvantages

• The company has a high tranding PE Ratio which is 124 which is not good for the company’s growth.
• The ROE has a poor in the last 3 years 0.89% ratio which is not good for the company’s growth.
• In the last 3 years, the ROCE is -9.02% which is not good for the company’s performance.

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FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about Zomato Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Zomato Share Price Target may reach a very high position. Zomato Company is related to the online food delivery system. So the demand for this sector also increases which helps the share to gain profit in the future.

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