ZOMATO LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 182.2 INR | -1.00% |
|
+3.82% | +47.26% |
| May. 14 | Jefferies Adjusts Zomato’s Price Target to INR230 From INR205, Keeps at Buy | MT |
| May. 14 | Nomura Adjusts Zomato’s Price Target to INR225 From INR180, Keeps at Buy | MT |
Valuation
| Fiscal Period: Marzo | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 624,830 | 424,550 | 1,589,291 | - | - |
| Enterprise Value (EV) 1 | 593,461 | 330,421 | 1,551,458 | 1,467,306 | 1,446,762 |
| P/E ratio | -49.3 x | -42.5 x | 455 x | 136 x | 67.3 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 14.9 x | 6 x | 13 x | 9.03 x | 6.85 x |
| EV / Revenue | 14.2 x | 4.67 x | 12.8 x | 8.34 x | 6.23 x |
| EV / EBITDA | -32.1 x | -27.3 x | 3,694 x | 145 x | 62.5 x |
| EV / FCF | -78.9 x | -34.9 x | 360 x | 101 x | 48.8 x |
| FCF Yield | -1.27% | -2.87% | 0.28% | 0.99% | 2.05% |
| Price to Book | 3.81 x | 2.19 x | 7.74 x | 7.52 x | 6.74 x |
| Nbr of stocks (in thousands) | 7,592,101 | 8,324,518 | 8,637,451 | - | - |
| Reference price 2 | 82.30 | 51.00 | 184.0 | 184.0 | 184.0 |
| Announcement Date | 5/23/22 | 5/19/23 | 5/13/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Marzo | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 41,924 | 70,794 | 121,140 | 175,948 | 232,044 |
| EBITDA 1 | - | -18,508 | -12,103 | 420 | 10,142 | 23,143 |
| EBIT 1 | - | -20,011 | -16,472 | -4,840 | 6,764 | 19,708 |
| Operating Margin | - | -47.73% | -23.27% | -4% | 3.84% | 8.49% |
| Earnings before Tax (EBT) 1 | - | -12,205 | -10,146 | 2,910 | 12,384 | 25,642 |
| Net income 1 | -8,128 | -12,087 | -9,713 | 3,510 | 11,788 | 24,769 |
| Net margin | - | -28.83% | -13.72% | 2.9% | 6.7% | 10.67% |
| EPS 2 | -1.510 | -1.670 | -1.200 | 0.4000 | 1.352 | 2.735 |
| Free Cash Flow 1 | - | -7,520 | -9,470 | 4,310 | 14,589 | 29,673 |
| FCF margin | - | -17.94% | -13.38% | 3.56% | 8.29% | 12.79% |
| FCF Conversion (EBITDA) | - | - | - | 1,026.19% | 143.84% | 128.21% |
| FCF Conversion (Net income) | - | - | - | 122.79% | 123.75% | 119.8% |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 7/22/21 | 5/23/22 | 5/19/23 | 5/13/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,444 | 10,242 | 11,120 | 12,118 | 14,139 | 16,613 | 19,482 | 20,560 | 24,160 | 26,288 | 32,602 | 35,205 | 38,874 |
| EBITDA 1 | - | -5,358 | -4,888 | -4,497 | -3,073 | -3,114 | -3,662 | -2,254 | -480 | -188.2 | 278.6 | 1,415 | 1,645 |
| EBIT 1 | -4,120 | -5,742 | -5,275 | -4,874 | -3,489 | -4,181 | -5,210 | -3,592 | -1,780 | -1,382 | -872.7 | 234.9 | 447.9 |
| Operating Margin | -48.79% | -56.06% | -47.44% | -40.22% | -24.68% | -25.17% | -26.74% | -17.47% | -7.37% | -5.26% | -2.68% | 0.67% | 1.15% |
| Earnings before Tax (EBT) 1 | - | -4,349 | -672 | - | -1,860 | -2,605 | -3,637 | -2,404 | -150 | 173 | 755 | 1,804 | 2,308 |
| Net income 1 | - | -4,296 | -632 | -3,597 | -1,857 | -2,508 | -3,466 | -1,882 | 20 | 169.6 | 739.2 | 1,926 | 2,234 |
| Net margin | - | -41.94% | -5.68% | -29.68% | -13.13% | -15.1% | -17.79% | -9.15% | 0.08% | 0.65% | 2.27% | 5.47% | 5.75% |
| EPS 2 | -0.5600 | -0.5900 | -0.0800 | -0.4700 | -0.2400 | -0.3100 | -0.4200 | -0.2300 | -0.2229 | 0.0401 | 0.1192 | 0.2043 | 0.2567 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/10/21 | 11/10/21 | 2/10/22 | 5/23/22 | 8/1/22 | 11/10/22 | 2/9/23 | 5/19/23 | 8/3/23 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | - | 31,369 | 94,129 | 20,110 | 121,985 | 142,529 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -7,520 | -9,470 | 4,310 | 14,589 | 29,673 |
| ROE (net income / shareholders' equity) | - | -9.83% | -5.4% | 1.76% | 5.37% | 10.5% |
| ROA (Net income/ Total Assets) | - | -9.29% | -4.99% | 3.25% | 3.91% | 10.1% |
| Assets 1 | - | 130,152 | 194,630 | 108,113 | 301,147 | 245,910 |
| Book Value Per Share 2 | - | 21.60 | 23.30 | 23.50 | 24.50 | 27.30 |
| Cash Flow per Share 2 | - | -0.9600 | -1.040 | 0.7400 | 2.410 | 4.280 |
| Capex 1 | - | 590 | 1,030 | 2,150 | 3,606 | 4,614 |
| Capex / Sales | - | 1.41% | 1.45% | 1.77% | 2.05% | 1.99% |
| Announcement Date | 7/22/21 | 5/23/22 | 5/19/23 | 5/13/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
26
Last Close Price
184
INR
Average target price
217.5
INR
Spread / Average Target
+18.21%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +47.17% | 19.03B | |
| +27.66% | 443B | |
| +31.75% | 276B | |
| +12.57% | 145B | |
| +7.73% | 93.11B | |
| +24.64% | 90.17B | |
| +64.02% | 61.13B | |
| +14.54% | 46.32B | |
| +23.05% | 35.73B | |
| -12.79% | 31.13B |
- Stock Market
- Equities
- ZOMATO Stock
- Financials Zomato Limited
