Complete Analysis On Zomato Share…

By Prarit

Zomato Share Price Target 2023, 2024, 2025, 2030 

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In the recent past, Zomato’s shares experienced significant declines due to losses. On July 23, 2021, Zomato’s initial public offering (IPO) was issued at a price of Rs 126 per share, but by January 27, 2023, it had fallen to Rs 46.95 per share. This resulted in substantial losses for investors. However, now the share price of Zomato is gradually recovering. In the last month alone, there has been a surge of 21.98% in Zomato’s share price, which has brought back optimism among investors.

Zomato, an Indian online food delivery company, operates in more than 100 cities across India, as well as in the United Arab Emirates, Australia, New Zealand, and the United Kingdom. The company was founded in 2008 and went public in 2021. As of March 31, 2023, Zomato had incurred a net loss of INR 1.88 billion (USD 24 million). The company’s revenue for the quarter was INR 20,560 crores (USD 260 million), showing a year-on-year increase of 69.66%. The Gross Order Value (GOV) for the quarter was INR 22,265 million (USD 280 million), representing a year-on-year increase of 75.2%. In 2018, Zomato acquired Uber Eats India in a deal worth $100 million, which helped Zomato establish a prominent position in the Indian food delivery market and boost its growth.

In recent quarters, Zomato’s financial performance has been mixed. In the fourth quarter of 2022, the company’s net loss reduced, but its revenue growth remained slow. The GOV growth for Zomato has been strong, but this metric is not directly comparable to straight revenue.

Zomato's food delivery growth forecast slashed by 4%; quick commerce biz to  add long-term value - BusinessToday

Please note that predicting specific share price targets for Zomato in 2023, 2024, 2025, or 2030 requires detailed financial analysis and expertise, and it’s essential to consult with financial experts or analysts for accurate and reliable projections.

As of March 31, 2023, some key financial figures for Zomato are as follows:

  1. Net Loss: INR 188 crores (USD 24 million)
  2. Revenue: INR 20,560 crores (USD $260 million)
  3. Gross Order Value (GOV): INR 22,265 crores (USD $280 million)
  4. Active Users: 100 million
  5. Monthly Active Users: 15 million
  6. Average Order Value: INR 350 (USD $4.50)
  7. Net Promoter Score (NPS): 70

Zomato Limited's Share Price Target in 2023."

In 2023, Zomato Limited’s share price target (Zomato Share Price Target 2023) is being predicted by various market experts and brokerage firms to be in the range of INR 100 to INR 110 per share. Currently, Zomato’s share price is trading on the National Stock Exchange (NSE) at INR 99. The company’s Q4 results were better than expected, and management has provided guidance for strong growth in FY24.

Several factors contribute to the positive outlook for Zomato’s share price in 2023:

  1. Strong Growth in Food Delivery Business: Zomato is expected to witness a 25% Compound Annual Growth Rate (CAGR) in its food delivery business during the financial years 2023-2025. The company is expanding its presence in Tier II and Tier III cities and investing in new initiatives like Zomato Gold and Zomato Genie.

  2. Growth in Quick E-commerce Business: Zomato’s quick e-commerce business, Blinkit, is expected to experience rapid growth in 2023. The company is expanding Blinkit’s presence in major cities and investing in new technologies.

  3. Acquisitions: Zomato may continue with acquisitions in the food delivery and quick e-commerce sectors in 2023. Such acquisitions could help Zomato expand its reach and strengthen its competitive position.

  4. Zomato Lists At ₹116: 5 Things You Need To Know | BOOM


Considering these factors, the share price target for Zomato in 2023 is expected to range from INR 100 to INR 110 per share. However, please note that stock prices are subject to market fluctuations and other variables, and investors should exercise caution and conduct their research before making investment decisions.

“Zomato Limited’s Share Price Target in 2024.”

As per various market experts and brokerage firms, the Zomato Share Price Target in 2024 is expected to reach ₹125-145. This projection is based on the company’s continuous growth in revenue and user base, along with its plans for expansion into new markets. However, it is important to note that this is only an estimation, and the actual price may vary higher or lower.

Here are some factors that could impact Zomato’s share price in 2024:

  1. Financial Performance: If Zomato continues to show growth in its revenue and profits, it could be a positive signal for investors and may lead to an increase in the share price.

  2. Competitive Landscape: Zomato faces competition from other food delivery apps such as Swiggy and Uber Eats. If these companies succeed in gaining market share, it may put pressure on Zomato’s share price.

  3. Overall Economic Environment: A strong economy may lead to increased spending on food delivery, benefiting Zomato. On the other hand, a weak economy could lead to a decrease in demand for food delivery services, potentially impacting Zomato’s business negatively.

In conclusion, the Zomato Share Price Target for 2024 appears positive. However, there are several factors that can influence the price, and investors should carefully consider these factors before making any investment decisions.

The projected share price targets for 2024 are ₹125 and ₹145.

Zomato Launches 'Everyday' Home-style Meal Service, Discontinues 10-Minute Delivery

“Zomato Limited’s Share Price Target in 2025.”

Based on current trends, many market experts and brokerage firms believe that the Zomato Share Price Target by 2025 could reach ₹160-180 per share.

There are several reasons that could contribute to the growth in Zomato’s share price in the coming years. The company is expanding its international presence, which could lead to an increase in revenue and profits. Additionally, Zomato is investing in new technologies such as artificial intelligence and machine learning, which could improve its customer experience and efficiency.

If we talk about the Zomato Share Price Target for 2025, the first target could be ₹160, and the second target could be ₹180 per share.

“Zomato Limited’s Share Price Target in 2030.”

By 2030, the Zomato Share Price Target is expected to be between ₹450 and ₹510. This projection is based on the company’s current financial performance, growth prospects, and overall market conditions.

Zomato is a leading food delivery platform in India and has experienced rapid growth in recent years, establishing a strong position in the market. The company is also expanding into new markets such as the United States and the United Kingdom.

The overall market conditions for the food delivery platform are favorable as well. The global food delivery market is expected to grow at an annual growth rate (CAGR) of 15% from 2022 to 2027. The increasing popularity of online ordering, the growing number of millennials, and rising disposable income in emerging markets could lead to substantial growth in Zomato’s share price.

If we talk about the Zomato Share Price Target for 2030, the first target could be ₹450, and the second target could be ₹510 per share. However, it is essential to remember that these are estimates, and the actual share price may vary depending on various factors and market conditions.

Future Of Zomato Share

The future of Zomato’s share appears positive. The company is well-positioned to benefit from the growth of the online food delivery market in India. Zomato boasts a strong brand, a large user base, and an extensive network of restaurants. Additionally, the company is investing in new initiatives, such as its grocery delivery service, which could help attract more customers and expand its business further.

Here are some reasons that could contribute to the positive future of Zomato’s share:

  1. Growth of the online food delivery market: The online food delivery market in India is growing rapidly, with an expected CAGR of 21% from 2022 to 2026. This growth is fueled by the increasing popularity of online shopping, the rising middle class, and the penetration of smartphones.

  2. Strong brand and user base: Zomato has a strong brand presence and a user base of over 100 million in India. This gives Zomato a significant advantage over its competitors.

  3. Extensive network of restaurants: Zomato has a vast network of restaurants with over 1.5 million restaurant listings on its platform. This extensive range of options attracts more users and enhances customer experience.

  4. Investment in new initiatives: Zomato’s investment in new initiatives, such as its grocery delivery service, allows the company to diversify its offerings and tap into new revenue streams.

Overall, Zomato’s future outlook appears promising. The company’s strong position in the online food delivery market in India, along with its brand value, user base, and restaurant network, makes it well-positioned for future growth. Additionally, its investment in new initiatives demonstrates its commitment to expanding its business and improving customer experience.

Risk In Zomato Share

Zomato is an online food delivery company operating in India since 2008. The company has experienced rapid growth in recent years but still faces several risks. Some of the key risks associated with Zomato’s share price include:

  1. Competition: Zomato faces fierce competition from other food delivery companies such as Swiggy and Uber Eats. These companies are also making significant investments, which could lead to price wars and impact Zomato’s profitability.

  2. Regulation: The food delivery industry in India is highly regulated, and Zomato may have to comply with new regulations that could increase operational costs and make it more challenging to operate profitably.

  3. Economic Slowdown: India’s economy has been growing at a slower pace compared to previous years. This could lead to a decrease in consumer spending, impacting Zomato’s business and revenues.

  4. Technological Risks: Zomato heavily relies on technology to run its operations. Any security breaches or technical issues could disrupt its services and harm its reputation.

Despite these risks, Zomato is a well-managed company with a strong brand and a large user base. If the company can continue to expand its business and maintain profitability, it could be a good long-term investment for investors.

“Frequently asked questions”

What sector does Zomato company work in? Zomato operates in the online food delivery sector.

What is the name of the CEO of Zomato Limited? The CEO of Zomato Limited is Deepinder Goyal.

How much debt does Zomato Limited have? As of March 31, 2023, Zomato Limited has a total debt of over ₹404 crore, which the company is actively trying to reduce.

What is the future outlook for Zomato Limited? In the future, all operations will be online, and the online food delivery sector is expected to experience significant growth, which can result in good profits for Zomato.

What will be the Zomato Share Price Target in 2030? In 2030, the Zomato share price can touch a target of ₹450 or ₹510.