Buy Zomato, target price Rs 270: Motilal Oswal Financial Services
buy call on Zomato with a target price of Rs 270. The current market price of Zomato is Rs 207.95. Zomato., incorporated in 2010, is a Small Cap company with a market cap of Rs 200872.05 crore, operating in Services sector.
Zomato's key products/revenue segments include Service Revenue, Royalty Income, Traded Goods for the year ending 31-Mar-2024.
Financials For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 5657.00 crore, up 12.69% from last quarter Total Income of Rs 5020.00 crore and up 61.31% from last year same quarter Total Income of Rs 3507.00 crore. The company has reported net profit after tax of Rs 59.00 crore in the latest quarter.
The company's top management includes Mr.Kaushik Dutta, Mr.Deepinder Goyal, Mr.Sanjeev Bikhchandani, Ms.Aparna Popat Ved, Ms.Gunjan Tilak Raj Soni, Ms.Namita Gupta, Ms.Sutapa Banerjee. Company has Deloitte Haskins & Sells as its auditors. As on 31-12-2024, the company has a total of 965 Crore shares outstanding.
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