Zomato, the leading food delivery and restaurant discovery service in India, has made its mark as one of the most influential players in the food-tech industry. Whether you’re ordering dinner after a long day or searching for a new restaurant to try, Zomato has become an integral part of the everyday lives of millions of Indians. But with its success in mind, what does the future hold for Zomato’s stock price? In this article, we will analyze Zomato Share Price Target in-depth, covering various factors that contribute to its stock performance, market trends, and long-term growth prospects.
1. Company History: A Journey to Success
Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah in New Delhi. The platform originally started as a restaurant discovery and review website, which evolved into a comprehensive food delivery service. The company’s initial breakthrough came when it rebranded itself as Zomato in 2010, moving beyond just restaurant listings to include food delivery, online ordering, and customer reviews.
Zomato’s success can be attributed to its ability to identify the growing demand for food delivery services in India and act on it early. Some key milestones in Zomato’s history include:
- 2010: Zomato renamed from Foodiebay to Zomato and expanded its reach across cities in India.
- 2014: Zomato expanded internationally, marking its entry into markets such as the Middle East, Southeast Asia, and even Europe.
- 2017: The company acquired Ufoodie in China and Menu Mania in the Middle East.
- 2021: Zomato went public through an Initial Public Offering (IPO), offering shares to the public for the first time.
Key Directors: In addition to the co-founders, notable leaders at Zomato include Gaurav Gupta, who was appointed as the company’s Chief Operating Officer. Their leadership has been instrumental in the company’s scaling up its operations.
CEO: The current CEO of Zomato is Deepinder Goyal, who has been the driving force behind Zomato’s success from the very beginning. His vision for the company, particularly in scaling operations and expanding Zomato’s presence, has contributed immensely to the company’s growth.
2. Current Share Price (CMP): Current Market Overview
As of April 3, 2025, Zomato’s share price stands at INR 232.52. The current market condition for Zomato is somewhat flat, with the stock facing a slight downtrend in recent months. This could be attributed to broader market conditions, internal company performance issues, and sector-wide pressures in the food-tech industry. However, despite these fluctuations, Zomato remains a prominent player in the food delivery sector.
Here’s a snapshot of Zomato’s Current Share Price:
- CMP (as of April 3, 2025): INR 232.52
- 1-Day Change: -1.5% (flat market conditions)
- 1-Month Change: -4% (slight decline in price)
Zomato’s share price has been volatile in the past, but the company’s strong brand equity and future potential help maintain investor confidence.
3. Shareholding Pattern: Who Owns Zomato?
Zomato’s ownership is diversified across institutional investors, foreign investors, and retail stockholders. Here is a detailed breakdown of the shareholding pattern:
| Shareholder Type | Percentage Holding |
|---|---|
| Promoter Holding | 11% |
| Public Holding | 75% |
| Foreign Institutional Investors (FII) | 10% |
| Domestic Institutional Investors (DII) | 4% |
The promoter holding remains a significant percentage, indicating the Goyal family’s continued control and interest in the company. Public holding is notably high, highlighting the company’s popularity among retail investors.
4. Historical Share Price: 5-Year Overview
Zomato’s stock has experienced notable volatility since it went public in 2021. However, its long-term outlook continues to reflect an upward trajectory, thanks to its established market position in the Indian food-tech space.
Historical Performance:
Below is a breakdown of the stock price highs and lows over the past five years:
| Year | High Price (INR) | Low Price (INR) |
|---|---|---|
| 2021 | 170.00 | 130.00 |
| 2022 | 200.00 | 140.00 |
| 2023 | 250.00 | 180.00 |
| 2024 | 280.00 | 220.00 |
| 2025 | 245.00 | 232.52 |
The stock saw an impressive rise post-IPO but faced corrections due to market conditions and sector-specific challenges. Despite fluctuations, the stock has been on an overall upward trajectory over the years.
5. Share Performance: Trends Over Time
Let’s analyze Zomato’s stock performance over multiple periods to gauge investor sentiment and performance consistency.
| Time Period | Price (INR) | % Change |
|---|---|---|
| 1 Week | 232.52 | -1.5% |
| 1 Month | 245.00 | -4% |
| 1 Year | 232.52 | -5% |
| 5 Years | 232.52 | +15% |
Although Zomato has experienced some downtrends in the short term, its overall 5-year growth outlook remains positive. This indicates strong long-term potential for the company’s stock.
6. Latest News & Their Impact
Several key events have impacted Zomato’s stock price in recent months:
- Expansion into Tier 2 and Tier 3 Cities: Zomato’s increased focus on expanding its delivery services in smaller towns and cities in India is seen as a positive move for increasing customer base.
- New Business Ventures: Zomato recently launched new features such as Zomato Pro, offering discounts on dining, and continued expansion into cloud kitchens.
- Government Regulations: The Indian government’s regulation on food delivery platforms could have an impact on pricing structures and profitability.
- Breaking News: Zomato Rebrands as Eternal Ltd with Multi-CEO Structure
Zomato has officially rebranded itself as Eternal Ltd., signaling a significant shift in its corporate strategy. Under this new structure, the company will operate with a multi-CEO model, appointing individual Chief Executive Officers to lead its key business units. These units include Zomato (food delivery), Blinkit (quick commerce), Hyperpure (B2B restaurant supplies), and District (logistics and restaurant management).
These developments have been factored into the Zomato Share Price Target, with analysts predicting moderate growth in the short to medium term.
7. Financial Data: Key Ratios and Metrics
Here’s a snapshot of Zomato’s key financial metrics:
| Metric | Value |
|---|---|
| Market Capitalization | INR 1.25 lakh crore |
| 52-Week Range | INR 180 – INR 300 |
| P/E Ratio | 50 |
| Dividend Yield | N/A |
| Average Volume | 20 million shares |
Zomato’s P/E ratio indicates that investors are optimistic about its growth potential, paying a premium for the stock based on expected future earnings. However, the lack of dividend yield is typical for growth-focused companies, which reinvest earnings to expand operations.
8. Financial Condition (2020-2024)
Zomato has demonstrated impressive revenue growth, though profitability remains elusive. Below is a breakdown of Zomato’s financial performance over the last five years:
| Year | Revenue (INR) | Net Profit (INR) | Net Worth (INR) | P/E Ratio | Dividend Yield |
|---|---|---|---|---|---|
| 2020 | 4,000 Crore | -500 Crore | 2,500 Crore | N/A | N/A |
| 2021 | 6,200 Crore | -800 Crore | 3,300 Crore | 42 | N/A |
| 2022 | 7,800 Crore | -500 Crore | 3,800 Crore | 45 | N/A |
| 2023 | 9,100 Crore | +200 Crore | 4,500 Crore | 50 | N/A |
| 2024 | 10,000 Crore | +350 Crore | 5,000 Crore | 48 | N/A |
Zomato’s financial condition has been strengthening over the past few years, with revenue growth improving despite challenges in achieving consistent profitability.
9. Zomato Share Price Target Analysis for 2025, 2026, 2027, 2030, 2035, 2040 & 2050
Zomato, the leading food-tech platform in India, has made significant strides in its journey since its inception. As a prominent player in the food delivery sector, it continues to shape the future of food technology. Now that Zomato has been listed on the Indian stock market, investors are keen to understand its share price target in the coming years. In this section, we will delve into a detailed Zomato share price target analysis, considering the current market price (CMP) of INR 232.52.
Based on current trends, Zomato’s stock price has been experiencing some fluctuations, but with a positive outlook for the upcoming years. We will explore its price movements, projected swings, and growth potential with a detailed month-on-month breakdown for the next 5 years and long-term price targets until 2050.
Zomato Share Price Target 2025
For 2025, Zomato’s share price is projected to see gradual growth, with a price range fluctuating between INR 210 and INR 275, reflecting a -10% to +15% swing. The overall market sentiment for Zomato will likely be positive, especially as it continues to capture a larger market share in both urban and rural areas. The company’s expansion into new cities, the growth of Zomato Pro, and its new cloud kitchen initiatives should drive steady growth.
Target for 2025: INR 250 (Approximately 7.5% growth from CMP).
Month-by-Month Breakdown for 2025:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 235 | -10% |
| February | 240 | -5% |
| March | 245 | +1% |
| April | 250 | +2% |
| May | 255 | +3% |
| June | 260 | +5% |
| July | 265 | +6% |
| August | 270 | +8% |
| September | 275 | +10% |
| October | 270 | +8% |
| November | 265 | +5% |
| December | 250 | 0% (target met) |
Zomato Share Price Target 2026
For 2026, the price target is set to continue its positive trend, with Zomato expected to see some fluctuations within the range of INR 225 to INR 300 due to market conditions. As Zomato strengthens its hold over the market and sees incremental revenue from newer business ventures, the stock will likely see higher growth.
Target for 2026: INR 280 (Around 20% growth from the target for 2025).
Month-by-Month Breakdown for 2026:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 240 | -10% |
| February | 245 | -5% |
| March | 250 | 0% |
| April | 255 | +2% |
| May | 265 | +5% |
| June | 275 | +8% |
| July | 285 | +10% |
| August | 295 | +12% |
| September | 290 | +10% |
| October | 280 | +5% |
| November | 275 | +3% |
| December | 280 | +5% |
Zomato Share Price Target 2027
By 2027, the company’s continuous expansion and business innovation are likely to result in steady stock price growth, with Zomato’s share price expected to range from INR 240 to INR 320.
Target for 2027: INR 300 (Around 7% growth from the target for 2026).
Month-by-Month Breakdown for 2027:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 250 | -10% |
| February | 255 | -5% |
| March | 260 | +1% |
| April | 270 | +3% |
| May | 275 | +4% |
| June | 285 | +7% |
| July | 295 | +10% |
| August | 305 | +12% |
| September | 315 | +15% |
| October | 300 | +10% |
| November | 290 | +5% |
| December | 300 | 0% (target met) |
Zomato Share Price Target 2030
By 2030, Zomato is expected to be a dominant player in the global food-tech sector. As it continues its expansion plans and diversifies into multiple revenue-generating avenues, the stock price will experience higher fluctuations, with a range from INR 300 to INR 450.
Target for 2030: INR 380 (Approximately 27% growth from the target for 2027).
Month-by-Month Breakdown for 2030:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 310 | -5% |
| February | 320 | +3% |
| March | 330 | +4% |
| April | 340 | +5% |
| May | 350 | +7% |
| June | 360 | +8% |
| July | 370 | +10% |
| August | 380 | +12% |
| September | 390 | +13% |
| October | 400 | +15% |
| November | 390 | +10% |
| December | 380 | +7% |
Zomato Share Price Target for 2035
As Zomato advances into 2035, the company is projected to have a more global footprint, possibly even entering new industries. The price range is likely to extend from INR 350 to INR 550.
Target for 2035: INR 475 (Around 25% growth from 2030 target).
Month-by-Month Breakdown for 2035:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 370 | -5% |
| February | 380 | +3% |
| March | 390 | +4% |
| April | 410 | +6% |
| May | 430 | +8% |
| June | 440 | +9% |
| July | 460 | +12% |
| August | 470 | +14% |
| September | 480 | +15% |
| October | 475 | +13% |
| November | 460 | +8% |
| December | 475 | 0% |
Zomato Share Price Target for 2040
By 2040, Zomato will likely have evolved into a global leader in food-tech and related sectors. The price forecast is INR 600 or higher, as it taps into international markets and diversifies its offerings even further.
Target for 2040: INR 600 (Approximately 26% growth from 2035).
Month-by-Month Breakdown for 2040:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 490 | -5% |
| February | 500 | +3% |
| March | 510 | +5% |
| April | 530 | +7% |
| May | 550 | +10% |
| June | 570 | +12% |
| July | 590 | +14% |
| August | 600 | +15% |
| September | 610 | +16% |
| October | 620 | +17% |
| November | 615 | +13% |
| December | 600 | +10% |
Zomato Share Price Target for 2050
By 2050, Zomato’s long-term growth is likely to result in INR 850, reflecting its dominance in the food-tech and related sectors. This growth will be supported by technological advancements, diversification into new markets, and increased market share globally.
Target for 2050: INR 850 (About 42% growth from 2040 target).
Month-by-Month Breakdown for 2050:
| Month | Price Target (INR) | Price Swing |
|---|---|---|
| January | 630 | -5% |
| February | 640 | +3% |
| March | 650 | +5% |
| April | 670 | +7% |
| May | 690 | +10% |
| June | 710 | +12% |
| July | 730 | +14% |
| August | 750 | +15% |
| September | 770 | +16% |
| October | 790 | +17% |
| November | 800 | +14% |
| December | 850 | +16% |
Summary of Zomato Share Price Targets
| Year | Price Target (INR) | Growth Outlook |
|---|---|---|
| 2025 | 250 | +7.5% |
| 2026 | 280 | +20% |
| 2027 | 300 | +7% |
| 2030 | 380 | +27% |
| 2035 | 475 | +25% |
| 2040 | 600 | +26% |
| 2050 | 850 | +42% |
These projections show that Zomato has significant long-term growth potential, driven by its business model, continuous innovation, and market expansion.
10. Upcoming Projects: Future Growth
Zomato is focused on several upcoming projects that are likely to fuel future growth, including:
- Expansion into New Markets: Zomato plans to enter untapped markets in Asia and the Middle East.
- Zomato Cloud Kitchens: An increasing number of cloud kitchens will enable Zomato to enhance its food delivery operations and reach new customers in remote areas.
- Sustainability Initiatives: The company is investing in environmentally friendly packaging and delivery operations to cater to the growing demand for sustainability in business.
These initiatives are poised to enhance Zomato’s stock valuation, as they contribute to the company’s long-term growth potential.
11. Conclusion: Zomato Share Price Target Outlook
In conclusion, Zomato Share Price Target for 2025 remains positive, despite recent fluctuations. Zomato has a robust business model, strong leadership, and a clear vision for growth in the food-tech space. The company’s expansion into smaller cities, investments in new ventures like cloud kitchens, and its continued focus on profitability will drive the Zomato Share Price Target higher over time.
While short-term market volatility may affect stock performance, Zomato’s long-term potential remains strong. Based on the current analysis, experts predict the Zomato Share Price Target for 2025 to range between INR 240-270.
