In this article, you will find the details of Zomato Share Price History. Additionally, we will provide important fundamental details about Zomato Shares.
Zomato Share Price History
| Year | Zomato | YOY Change% |
|---|---|---|
| 2021 | ₹137.45 | – |
| 2022 | ₹59.35 | -56.9% |
| 2023 | ₹103.75 | 74.8% |
In 2021, Zomato, the popular food delivery and restaurant discovery platform, marked its presence in the market with a stock price of ₹137.45. The company’s reputation as an innovator in the food tech industry and its large user base propelled its growth and recognition among investors.
However, the following year brought unexpected challenges. In 2022, Zomato witnessed a steep decline in its share price, plummeting to ₹59.35, a significant drop of 56.9%. Various market factors and internal dynamics could have contributed to this downturn, making investors cautious about the company’s trajectory.
Yet, Zomato proved its resilience and adaptability in 2023. Bouncing back from the previous year’s setback, the company’s stock price surged to ₹103.75, reflecting a robust growth of 74.8%. This remarkable turnaround showcased Zomato’s ability to navigate market volatility and regain investor confidence.
The journey over these years is a testament to the unpredictable nature of the stock market and Zomato’s persistent efforts to evolve and thrive.
Also Read: SBI Share Price History from 1995
About Zomato
Zomato is a well-known name in food delivery and restaurant discovery. Originating in India, the platform has successfully expanded its footprint across various countries, offering users an extensive range of eateries.
Whether you’re craving street food or gourmet dining, Zomato acts as a bridge between food lovers and restaurants. Its user-friendly interface, genuine customer reviews and ratings have made it a go-to app for many when deciding where to eat or ordering food online.
Over the years, Zomato has been a mediator for food delivery and delved into other segments, including cloud kitchens and grocery delivery. The company’s commitment to innovation proves its continuous hard work to enhance user experience and diversify its offerings.
From exclusive tie-ups with restaurants to introducing safety features during the pandemic, Zomato’s journey embodies adaptability and a persistent pursuit of excellence in food tech.
Fundamentals of Zomato
Here are some primary fundamental data about Zomato (until 2023):
Market Capitalization and Current Price:
The company boasts a considerable market capitalization of ₹91,594 Cr., reflecting its significant standing in the market. Its current share price stands at ₹106, with the past year seeing a high of ₹115 and a low of ₹44.4. Such fluctuations indicate the dynamic nature of the stock market and the company’s response to various economic and sectoral influences.
Book Value and Price Metrics:
With a book value of ₹22.8 per share, the company’s stock trades at a price-to-book value ratio of 4.71. This ratio can give investors a sense of how much they’re paying for the company’s net assets. Interestingly, the stock P/E (Price to Earnings) ratio is not provided, possibly due to the company’s negative earnings per share (EPS) of ₹-0.92.
Returns and Dividends:
The company faces challenges, as evidenced by the negative Return on Capital Employed (ROCE) of -5.79% and a negative Return on Equity (ROE) of -5.91%. Such figures suggest the company needs to generate a positive return on its investments or equity. Furthermore, the company has not distributed dividends, as indicated by a dividend yield of 0.00%, which might result from its current financial performance and a strategy to retain profits.
Debt Position:
The company’s debt stands at ₹507 Cr., resulting in a very conservative debt-to-equity ratio of 0.03. Such a low ratio indicates that the company is not aggressively financed by debt and has majorly relied on equity for its operations.
Promoter Holding:
Interestingly, the promoter holding in the company is 0.00%, suggesting that the original promoters do not currently have a stake in the company. This can be due to various reasons and is something potential investors might want to delve deeper into.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)
Questions and Answers about Zomato
What is the Zomato share price in 2021?
Zomato share price in 2021 was ₹137.45.
What is the Zomato share price in 2022?
Zomato share price in 2022 was ₹59.35.
What is the Zomato share price in 2023?
Zomato share price in 2023 was ₹103.75.
What is Zomato Pro?
Zomato Pro is a subscription service that offers members exclusive discounts, free deliveries, and other perks at partner restaurants.
In which countries does Zomato operate?
While Zomato originated in India, it has expanded its services to several countries across the world, including Australia, the UAE, and others.