Zomato Share Price Target from 2024 to 2030 – Detailed Analysis and Forecast

Zomato Share Price Target from 2024 to 2030 : Investing in shares requires a well-rounded understanding of the company’s market performance, growth prospects, and industry dynamics. If you’re considering investing in Zomato, this article provides an in-depth analysis of Zomato’s share price target from 2024 to 2030, based on market trends, company fundamentals, and expert projections.

Overview of Zomato

Founded in 2008, Zomato is a major player in the food delivery and restaurant aggregation sector. Headquartered in Gurugram, India, Zomato connects users to a wide range of dining options, offering detailed restaurant information, menus, customer reviews, and food delivery services. Over the years, it has grown significantly, expanding across multiple cities in India and international markets.

For more details, visit the official website: Zomato

Zomato Share Price Overview

Zomato has established itself as a leader in the food delivery space, benefitting from the digital shift in consumer habits and continued growth in online food delivery. Here is a snapshot of Zomato’s recent market performance:

Market Cap₹ 2,28,331 Cr.
Current Price₹ 258
High / Low₹ 298 / 112
Stock P/E308
Book Value₹ 24.1
Dividend Yield0.00 %
ROCE1.14 %
ROE1.12 %
Face Value₹ 1.00

Zomato Share Price Target 2024-2030

As a high-growth tech-enabled company, Zomato has experienced share price volatility. Below is a projected forecast for Zomato’s share price targets from 2024 to 2030:

Year	Share Price Target
2024	₹325 – ₹334.40
2025	₹450 – ₹457.49
2026	₹534 – ₹539.24
2027	₹627 – ₹622.35
2028	₹709 – ₹704.37
2029	₹872 – ₹876.17
2030	₹955 – ₹959.45

These targets take into account Zomato’s ongoing expansion, market dynamics, and growth potential in a rapidly evolving industry.

Key Factors Affecting Zomato’s Share Price

Zomato Share Price Target 2024 Share Price Target: ₹325

Service Expansion: Zomato aims to diversify its services, potentially including grocery delivery and cloud kitchens, which could attract more users and drive revenue.
Strategic Partnerships: By collaborating with restaurants, food brands, and delivery providers, Zomato can offer exclusive promotions, attracting more customers to its platform.
Market Competition: With intense competition from players like Swiggy, Uber Eats, and others, Zomato’s ability to innovate and improve its customer experience will be critical to maintaining its market position.

Zomato Share Price Target 2025 Share Price Target: ₹450

Technological Advancements: Integrating AI and machine learning for better customer insights and personalized experiences could lead to increased user engagement.
Sustainability Initiatives: As consumer demand for sustainable practices grows, Zomato’s adoption of eco-friendly practices, such as minimizing packaging waste, could enhance its brand reputation.
International Expansion: Zomato’s potential to enter new markets outside India could diversify revenue streams and mitigate market-specific risks.

Zomato Share Price Target 2030 Share Price Target: ₹955

Competition Risks: The food delivery market remains competitive, with established players like Swiggy and Uber Eats potentially challenging Zomato’s growth.
Regulatory Environment: Compliance with evolving food safety and gig economy regulations could increase operational costs, impacting profitability.
Economic Factors: Shifts in consumer spending due to economic downturns may affect demand for food delivery services, potentially impacting revenue and share price growth.

How to Buy Zomato Shares

To buy Zomato shares, you can use popular trading platforms such as Zerodha, Upstox, Groww, and Angel One. Simply register, complete your KYC process, and search for Zomato Ltd to initiate your investment.

Competitors of Zomato

Zomato operates in a highly competitive industry, facing major players such as:

Swiggy – Market Capitalization: ~$10 billion
Foodpanda (Delivery Hero) – Part of Delivery Hero with a market cap of ~$4.5 billion
Dunzo – Market Capitalization: ~$775 million
Uber Eats – Part of Uber Technologies with a market cap of ~$56 billion
Grab – Market Capitalization: ~$12 billion

These companies compete with Zomato in terms of user acquisition, technology, and service expansion.

Zomato Financials and Shareholding Pattern

Zomato’s financial metrics indicate strong growth potential but also underscore the challenges of maintaining profitability.

Metric	Sep 2024	Y/Y Change
Revenue	₹47.99B	68.5%
Operating Expense	₹28.29B	46.43%
Net Income	₹1.76B	388.89%
Net Profit Margin	3.67%	191.27%
EPS	0.20	400.00%
EBITDA	₹2.11B	557.61%

Shareholding Pattern:

Promoters: 0%
FII (Foreign Institutional Investors): 52.53%
DII (Domestic Institutional Investors): 17.3%
Public: 30.12%

The strong presence of institutional investors indicates Zomato’s appeal in the global investment community.

Advantages and Disadvantages of Investing in Zomato

Advantages

High Brand Recognition: Zomato is a well-established brand with a strong market position.
Growth Potential: The company’s expansion into new markets and services offers significant growth opportunities.
Diverse Service Offerings: From food delivery to restaurant reviews, Zomato’s multiple services attract a broad customer base.

Disadvantages

Intense Competition: High competition in the food delivery space puts pressure on pricing and profitability.
Earnings Volatility: Fluctuating demand and operational expenses can result in inconsistent earnings.

FAQ on Zomato Share Price

Who owns Zomato?

Zomato is a publicly traded company, with shares held by a range of institutional and retail investors.

Is Zomato a good investment?

Given its growth potential and solid market presence, Zomato may present an attractive investment opportunity. However, investors should remain mindful of the inherent risks in the food delivery sector.

What is the growth outlook for Zomato?

Zomato continues to expand its services and user base, with promising growth prospects in the food delivery and restaurant aggregation markets.

Conclusion

Zomato has positioned itself as a leading player in the food delivery industry, with robust growth potential in both domestic and international markets. While Zomato’s share price is expected to perform well through 2030, investors should consider the challenges and risks involved. For those with a long-term perspective, Zomato could be a strategic addition to their investment portfolio.