Zomato Limited, founded in 2010, is a prominent online Food Service platform known for its significant food sales. The company provides a range of services, including food delivery, dining-out options, loyalty programs, and more.
By the end of December 31, 2020, Zomato had expanded its presence to 23 countries, with an impressive network of 131,233 active food delivery restaurants and 161,637 active delivery partners. Furthermore, the platform boasted an average monthly customer base of 10.7 million, indicating its popularity and widespread usage.
This article aims to explore the share price target of Zomato from 2024to 2030, as well as analyze the viability of Zomato as a promising stock to consider for investment.
HOW TO BUY ZOMATO SHARES?
You can buy Zomato shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF ZOMATO: 2024 TO 2030
SHARE PRICE TARGET 2024 OF ZOMATO
| Month | Sum of Maximum Price (₹) | Sum of Minimum Price (₹) |
|---|---|---|
| March 2024 | ₹155.10 | ₹134.87 |
| April 2024 | ₹150.58 | ₹130.94 |
| May 2024 | ₹148.36 | ₹129.01 |
| June 2024 | ₹153.70 | ₹133.65 |
| July 2024 | ₹152.16 | ₹132.31 |
| August 2024 | ₹158.25 | ₹137.61 |
| September 2024 | ₹164.58 | ₹143.11 |
| October 2024 | ₹161.35 | ₹140.30 |
| November 2024 | ₹167.80 | ₹145.92 |
| December 2024 | ₹169.48 | ₹147.38 |
Throughout 2024, Zomato is anticipated to witness fluctuations in its pricing. In March 2024, customers can expect the maximum price to be around ₹155.10, while the minimum price may settle at ₹134.87. As the year progresses, Zomato’s pricing strategy is forecasted to evolve, with variations in maximum and minimum prices anticipated in different months. Finally, December 2024 is projected to be a pivotal month for Zomato, with prices peaking at ₹169.48 for the maximum and ₹147.38 for the minimum, offering customers a diverse range of choices.
SHARE PRICE TARGET 2025 OF ZOMATO
| Month | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| January 2025 | ₹169.65 | ₹130.50 |
| February 2025 | ₹169.99 | ₹130.76 |
| March 2025 | ₹173.56 | ₹133.51 |
| April 2025 | ₹170.16 | ₹130.89 |
| May 2025 | ₹165.20 | ₹127.08 |
| June 2025 | ₹172.64 | ₹132.80 |
| July 2025 | ₹169.25 | ₹130.19 |
| August 2025 | ₹174.49 | ₹134.22 |
| September 2025 | ₹176.58 | ₹135.83 |
| October 2025 | ₹181.17 | ₹139.36 |
| November 2025 | ₹185.70 | ₹142.85 |
| December 2025 | ₹194.06 | ₹149.27 |
In January 2025, Zomato is expected to set its maximum price at ₹169.65 and its minimum price at ₹130.50. As February approaches, Zomato’s pricing is forecasted to remain competitive, with the maximum and minimum prices projected to be ₹169.99 and ₹130.76, respectively. Moving into March 2025, Zomato is anticipated to continue its trend of offering quality service, with maximum and minimum prices estimated to reach ₹173.56 and ₹133.51, respectively. The following months are also expected to see fluctuations in Zomato’s pricing, with December 2025 marking the peak of the year, with the maximum price reaching ₹194.06 and the minimum price settling at ₹149.27.
ZOMATO SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹236.16 | ₹151.99 |
| 2027 | ₹287.91 | ₹185.29 |
| 2028 | ₹351.00 | ₹225.90 |
| 2029 | ₹427.92 | ₹275.40 |
| 2030 | ₹521.70 | ₹335.75 |
Over the span of five years from 2026 to 2030, the maximum and minimum prices exhibit a consistent upward trajectory, indicative of potential market growth. In 2026, the year commenced with a maximum price of ₹236.16 and a minimum of ₹151.99, suggesting a range of market dynamics. The positive trend continued in 2027, with the maximum price reaching ₹287.91 and the minimum at ₹185.29, indicating sustained market optimism.
Moving into 2028, the market displayed further expansion, as the maximum price surged to ₹351.00, and the minimum increased to ₹225.90, signifying a robust growth pattern. This trend persisted in 2029, with the maximum and minimum prices reaching ₹427.92 and ₹275.40, respectively, reflecting an escalating market trajectory.
By 2030, the market saw significant growth, recording a maximum price of ₹521.70 and a minimum of ₹335.75. The consistent upward movement over these years highlights the potential for expanding opportunities and increased market demand. This comprehensive analysis provides valuable insights for investors, businesses, and policymakers to navigate and capitalize on the evolving market conditions throughout the specified period.
FINANCIAL CONDITION OF ZOMATO :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 1,313 | 2,605 | 1,994 | 4,192 | 7,079 |
| Expenses | 3,556 | 4,909 | 2,461 | 6,043 | 8,290 |
| Operating Profit | -2,243 | -2,305 | -467 | -1,851 | -1,210 |
| OPM % | -171% | -88% | -23% | -44% | -17% |
| Other Income | 1,285 | 16 | -200 | 793 | 681 |
| Interest | 9 | 13 | 10 | 12 | 49 |
| Depreciation | 43 | 84 | 138 | 150 | 437 |
| Profit before tax | -1,010 | -2,386 | -815 | -1,220 | -1,015 |
| Tax % | 0% | 0% | 0% | 0% | 4% |
| Net Profit | -1,010 | -2,386 | -816 | -1,222 | -971 |
| EPS in Rs | -28,574.18 | -70,096.54 | -23,123.76 | -1.54 | -1.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
The sales figures show a steady growth from March 2019 to March 2023, increasing from 1,313 to 7,079.However,The net profit figures indicate the final profitability after considering taxes. The company has been incurring losses, but the losses have decreased over the years.
The earnings per share (EPS) figure is negative in all years except March 2022 and March 2023. The negative values indicate losses per share, with the losses reducing in recent years. The company has not paid any dividends during the specified period, as the dividend payout percentage is 0%.
FAQS
How Has Zomato’s Financial Performance Been In Recent Years?
Zomato’s financial performance has shown fluctuations. While the company experienced losses in previous years, it has also shown significant growth in terms of sales and expanding its market reach.
What Is The Expected Share Price Target Of Zomato For 2024?
Zomato’s share price in 2024 will likely fall within the range of ₹129.01(minimum) and ₹169.48(maximum)
What Is The Expected Share Price Target Of Zomato For 2025?
Zomato share might reach around ₹194.06 by the end of 2025.
What Is The Expected Share Price Target Of Zomato For 2030?
Zomato share might reach around ₹521.70 by the end of 2030.
Is Zomato Planning To Pay Dividends To Its Shareholders?
According to the data, Zomato has not paid any dividends to its shareholders in the years mentioned. However, dividend payouts can be subject to the company’s financial performance and management decisions.
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CONCLUSION
Based on the information provided regarding Zomato’s share price performance in 2024, and 2025, it is evident that the company has experienced significant growth in its share price over these years. Zomato’s share price consistently displayed upward trends, with fluctuations observed during certain months. The growth percentages ranged from approximately 10% to 30% during different periods, showcasing the company’s resilience and potential in the market.
For investors, Zomato’s performance in these years suggests that it has been a lucrative investment opportunity. The consistent growth in share price demonstrates the company’s ability to capitalize on its business model and adapt to market demands. As a leading player in the food delivery and dining industry, Zomato’s expansion and increasing popularity have contributed to its positive trajectory.
In conclusion, Zomato has shown strong growth potential in recent years, making it an attractive investment option for those seeking exposure to the food delivery and restaurant industry. As with any investment, careful consideration and risk management are essential for long-term success.
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