Last updated on December 19th, 2024 at 09:17 pm
Zomato, a leader in India’s food delivery and restaurant aggregator sector, currently trades at ₹278.02. With a growing user base and an evolving market, the company has immense potential to scale further, making it a favorite among growth-oriented investors.
About Zomato
Zomato started as a restaurant discovery platform and has since evolved into a comprehensive food delivery and restaurant services company. It has expanded its operations globally and diversified its offerings, including grocery delivery and cloud kitchens.
Company Details
- Founded: 2008
- Headquarters: Gurugram, Haryana
- Sector: FoodTech
- Key Competitors: Swiggy, Domino’s (Jubilant FoodWorks), Amazon Food
Promoter Details
| Promoter Name | Holding (%) |
|---|---|
| Info Edge India Limited | 15.2 |
| Other Institutional Holders | 65.5 |
| Public & Retail Investors | 19.3 |
Zomato Share Price Target 2024
Key Growth Drivers:
- Increased Digital Adoption: Rising demand for online food delivery.
- Expanding Revenue Streams: Entry into quick commerce and cloud kitchens.
- Minimum Target: ₹300
- Maximum Target: ₹320
Zomato Share Price Target 2025
Growth Catalysts:
- Global Expansion: Scaling operations in untapped markets.
- Profitability Goals: Achieving consistent positive EBITDA.
- Minimum Target: ₹350
- Maximum Target: ₹380
Zomato Share Price Target 2026 to 2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 400 | 430 |
| 2027 | 450 | 480 |
| 2028 | 500 | 540 |
| 2029 | 580 | 620 |
| 2030 | 650 | 700 |
Zomato Share Price Target 2035
By 2035, with market maturity and dominance in food-tech and allied segments, Zomato could emerge as a global leader.
- Minimum Target: ₹850
- Maximum Target: ₹1,000
Zomato Share Price Target 2040
Zomato’s long-term growth will depend on its ability to innovate, expand globally, and sustain profitability in a competitive market.
- Minimum Target: ₹1,200
- Maximum Target: ₹1,400
Zomato has shown resilience in scaling its operations and adapting to changing consumer needs. For long-term investors, it offers promising potential, but risks such as competition and regulatory challenges should be considered.
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