Zomato India Limited is a prominent food delivery and restaurant discovery platform in India. Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, the company initially started as a restaurant discovery platform, providing users with information about local eateries, menus, and user reviews. Over the years, Zomato expanded its services to include food delivery and online ordering, becoming one of the leading players in the Indian food tech industry. In this Article we will provide detailed & research information about Zomato Limited Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Zomato Limited
Zomato India Limited operates on a multifaceted business model that revolves around restaurant discovery, food delivery, and related services. Here’s an overview of their business model:
- Restaurant Discovery and Listing: Zomato provides a platform where users can explore a comprehensive database of restaurants, cafes, eateries, and other food establishments. Restaurants can list their information on the platform, including menus, pricing, location, photos, and reviews. This helps users discover new dining options and make informed decisions about where to eat.
- User Engagement: Zomato encourages user engagement by allowing customers to leave reviews, rate restaurants, and share their dining experiences. User-generated content, such as reviews and photos, contributes to building a vibrant community within the platform.
- Food Delivery and Online Ordering: Zomato offers a food delivery service that enables users to order meals from their favorite restaurants and have them delivered to their doorstep. The company partners with various restaurants and manages the logistics of food delivery, acting as an intermediary between customers and eateries.
- Cloud Kitchens: Zomato has also ventured into the concept of cloud kitchens or virtual restaurants. These are delivery-only kitchens that operate without a physical dining space. Zomato collaborates with restaurants to establish cloud kitchens, allowing them to cater specifically to the online delivery market.
- Subscription Services: Zomato introduced subscription services like “Zomato Gold,” which provides customers with special offers and discounts at partner restaurants. This subscription model encourages customer loyalty and repeat business.
- Advertising and Promotions: Restaurants can opt for advertising and promotional services on the Zomato platform to increase their visibility and attract more customers. This could include featuring their establishments at the top of search results or running targeted ads.
Shareholding of Zomato Limited
As of June 2023, Shareholding of Zomato are as –
- Foreign Institution- 54.43%.
- Retails & Others- 36.37%.
- Mutual Funds- 3.01%.
- Other Domestic Institutions – 0.90%
Zomato Limited Share
Zomato Limited Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of August, 2023, Zomato share price on the NSE was INR 94.75/- Zomato Share 52 week high at Rs. 102.85/- & 52 week low Rs.44.35/-.
| Company Name | Zomato Limited |
| Share Name | Zomato |
| Sector | Service Provider |
| Headquater | Gurugram |
| Foundation | 2008 |
| Key Person | Deepinder Goyal (CEO & MD) |
| Market Cap | 81,484 Crores Rs. |
| Revenue | 5,506 Crore Rs |
| Official Website | Click Here |
Zomato Limited Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 95 | 105 |
| 2024 | 115 | 140 |
| 2025 | 150 | 175 |
| 2026 | 185 | 210 |
| 2027 | 225 | 260 |
| 2028 | 280 | 330 |
| 2029 | 350 | 390 |
| 2030 | 410 | 480 |
| 2040 | 750 | 830 |
| 2050 | 1250 | 1380 |
Note:- “That these share price targets for “Zomato Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Zomato Limited
Here is the annual result summary of Zomato :
- Total revenue: ₹19,482 crore (up 67.6% YoY).
- Gross profit: ₹11,632 crore (up 62.7% YoY).
- Operating income: ₹-5,210 crore (down 16.5% YoY).
- Net loss: ₹3,466 crore (down 19.5% YoY).
Last 2 Year History of Zomato Share
In Last 2 year Zomato Share give 75.42% returns to its Investors.
| Year | Share Price |
| Aug- 2021 | 139 |
| Aug- 2022 | 61.45 |
| Aug- 2023 | 93.40 |
Zomato Share Price Target 2023
Zomato could expand its service offerings beyond food delivery and restaurant discovery. This might include strengthening their cloud kitchen operations, entering new verticals like grocery delivery, or exploring partnerships with other sectors in the broader food and hospitality industry.
Zomato share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹95 | ₹105 |
Zomato Share Price Target 2024
Zomato’s presence has already extended to various international markets. The company could continue to explore opportunities for global expansion, adapting their services to fit the preferences and needs of different countries and cultures.
Zomato share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹115 | ₹140 |
Zomato Share Price Target 2025
With increasing emphasis on health and wellness, Zomato could incorporate features that cater to users’ dietary preferences, allergies, and nutritional requirements. This could include offering healthier menu choices, vegan options, and highlighting nutritional information.
Zomato share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹150 | ₹175 |
Zomato Share Price Target 2026
Zomato could further leverage the data they collect to provide valuable insights to both restaurants and users. Enhanced analytics and trends could help restaurants better understand customer preferences and make informed decisions about their menus and marketing strategies.
Zomato share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹185 | ₹210 |
Zomato Share Price Target 2027
Zomato has made several acquisitions to expand its offerings and market presence. Notable acquisitions include Urbanspoon in the United States and TableGrabber, Blinkit in India.
Zomato share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹225 | ₹260 |
Zomato Share Price Target 2028
Zomato’s platform has become a significant cultural and social influence in many regions, shaping dining habits and preferences among users.
Zomato share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹280 | ₹330 |
Zomato Share Price Target 2029
Zomato is likely to continue investing in technology and innovation to enhance user experiences and streamline their services. This could involve the development of more advanced algorithms for restaurant recommendations, improving the user interface, and incorporating emerging technologies like artificial intelligence and machine learning to further personalize user interactions.
Zomato share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹350 | ₹390 |
Zomato Share Price Target 2030
Zomato may focus on strategies to increase user engagement and loyalty, such as refining their subscription services, launching loyalty programs, and offering exclusive perks to their frequent users.
Zomato share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹410 | ₹480 |
Joint Venture & Subsidiaries of Zomato Limited
Here are some joint ventures and subsidiaries associated with Zomato Limited:
Joint Ventures:
- Zomato Gold: Zomato Gold is a subscription-based dining program that offers users exclusive deals and discounts at partner restaurants. While not a joint venture in the traditional sense, it’s a significant collaboration between Zomato and the participating restaurants.
Subsidiaries:
- Zomato Media Private Limited: This is the main operating subsidiary of Zomato Limited, handling the company’s core restaurant discovery and food delivery services.
- Zomato Payments Private Limited: Zomato Payments focuses on providing secure and convenient payment solutions for transactions made through the Zomato platform.
- Zomato Logistics Private Limited: Also known as Zomato Delivered, this subsidiary manages the logistical aspects of food delivery, including partnering with delivery personnel and ensuring efficient delivery processes.
- Zomato UAE Limited: This subsidiary operates specifically in the United Arab Emirates market, offering the same services as the parent company within that region.
- Zomato Australia Pty Limited: Similar to the UAE subsidiary, this entity operates within the Australian market, providing Zomato’s services to users and restaurants in Australia.
- Zomato Philippines Private Limited: Zomato’s subsidiary in the Philippines, catering to users and restaurants within that country.
- Zomato Indonesia PT: This subsidiary operates in Indonesia, offering Zomato’s services to users and restaurant partners in the Indonesian market.
- Zomato Italy S.r.l.: Zomato’s subsidiary in Italy, serving the Italian market with its platform and services.
- Zomato Lebanon SAL: Operating in Lebanon, this subsidiary facilitates restaurant discovery and food delivery services in the country.
- Zomato Turkey Ticaret Anonim Sirketi: This subsidiary operates in Turkey, providing Zomato’s services to users and restaurants in the Turkish market.
- Zomato Ireland Limited: This subsidiary serves the Irish market, helping users discover restaurants and order food online.
Future Plan of Zomato Limited
The future of Zomato Limited looks bright. The company is well-positioned to capitalize on the growing food delivery market in India and around the world. Zomato has a strong brand, a large user base, and a wide network of restaurants. The company is also investing heavily in technology and marketing, which will help it to stay ahead of the competition.
Here are some of the key factors that will drive Zomato’s growth in the future:
- Growing food delivery market: The food delivery market in India is still in its early stages of development, and it is expected to grow rapidly in the coming years. This growth will be driven by factors such as rising disposable incomes, increasing urbanization, and the growing popularity of online ordering.
- Strong brand and large user base: Zomato has a strong brand and a large user base of over 100 million users. This gives the company a significant advantage over its competitors.
- Wide network of restaurants: Zomato has a wide network of over 1 million restaurants. This gives the company a strong bargaining power with restaurants, which helps it to keep costs low.
- Investment in technology and marketing: Zomato is investing heavily in technology and marketing. This will help the company to stay ahead of the competition and reach a wider audience.
Overall, Zomato is well-positioned for continued growth in the future. The company has a strong brand, a large user base, and a wide network of restaurants. Zomato is also investing heavily in technology and marketing, which will help it to stay ahead of the competition.
FAQs-
The company is still losing money, and it faces competition from other large players in the food delivery market. If you are looking for a safe investment, Zomato may not be the best option for you. However, if you are looking for a high-growth investment with the potential for significant returns, Zomato could be a good option.
As of August 8, 2023, the current Zomato share price is ₹97.00.
The expected target price of Zomato varies depending on the analyst or research firm. However, some analysts have set target prices of ₹100, ₹120, or even ₹150 for Zomato shares in the next few years.
As per our analyst Zomato Share in 2025 will be Rs.150 to Rs.175 (approx)
There are both positive and negative factors that could affect the growth of Zomato’s share price. It is impossible to say for sure whether Zomato shares will grow in the future. However, the company has a number of factors in its favor, such as the growth of the food delivery market, its strong brand and large user base, and its investment in technology and marketing.
