Zomato Ltd. is a Food Delivery company and it is an international food Aggregator and food delivery Corporation company it was Established in 2008 by Deependra Goyal and Pankaj Chaddah. it is partnered with Restaurants in over 1000+ Indian cities and it is a competitor of Swiggy in the food Delivery Sector and Food Sector.
In this Article we will Explore the Zomato share price target 2024, 2025, 2030, 2040, 2050 in details with his Advantage & Disadvantages. through the Market trends and his financial conditions.
Now we go to see Zomato share price target 2024, 2025, 2030, 2040, and 2050 but before going to see Zomato share price Target we take a smart overview of this company as we say Company Profiles.
Zomato Ltd. : Company Profile
Company Name
Zomato
Company Type
Public
ISIN
INE758T01015
Founaded
July 2008
Traded as
BSE: 543320, NSE: Zomato
Founder
Deepinder Goyal, Pankaj Chaddah
Area Served
India
Headquarters
Gurgaon, Haryana, India
Service
Food delivery, Table reservation
Revenue (2023)
₹7,079 crore (US$890 million)
Owners
Info Edge (13.71%), Antfin Singapore (4.3%), Deepinder Goyal (4.24%)
over the Past 3 years the Company has Demonstrated robust profit growth of 26.99% and Revenue Growth of 26.30%.
The Company Maintains a Virtual Debt free Status.
Cons:
The Benefit for the Company from a Low tax rate of 0.026%
over the past 5 years it struggle with a Low EBITDA margin of 71.40%.
Disclaimer: Dear readers, please note that the stock price projections provided here for Zomato share price target 2024, 2025, 2030, 2040, 2050 are based on various factors such as the company’s past performance, fundamental analysis, technical indicators, and market trends. However, it’s important to understand that investing in the stock market carries inherent risks, and past performance is not indicative of future results. These projections are for informational purposes only and should not be considered as financial advice or guarantees of future performance. Investors are encouraged to conduct their own research and consult with financial professionals before making any investment decisions.