Zomato Ltd
Incorporated in 2010, Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold. Its offerings include food delivery, dining-out services, Loyalty programs, and others.
As of December 31, 2020, Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million customers.[1]
- Market Cap ₹ 40,843 Cr.
- Current Price ₹ 47.8
- High / Low ₹ 95.6 / 40.6
- Stock P/E
- Book Value ₹ 23.8
- Dividend Yield 0.00 %
- ROCE -10.6 %
- ROE -10.7 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 21.3 to 16.9 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -21.0% over last 3 years.
- Working capital days have increased from 158 days to 366 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|
79 | 134 | 245 | 371 | 1,163 | 2,336 | 1,714 | 3,611 | 4,265 | |
176 | 416 | 863 | 427 | 4,529 | 4,543 | 2,048 | 5,238 | 5,515 | |
Operating Profit | -97 | -282 | -617 | -56 | -3,366 | -2,207 | -334 | -1,627 | -1,250 |
OPM % | -123% | -210% | -252% | -15% | -289% | -94% | -19% | -45% | -29% |
31 | 26 | 65 | 14 | 2,508 | -160 | -415 | 668 | 887 | |
Interest | 1 | 4 | 15 | 24 | 59 | 11 | 8 | 6 | 10 |
Depreciation | 5 | 22 | 18 | 13 | 23 | 74 | 129 | 133 | 147 |
Profit before tax | -72 | -281 | -585 | -78 | -940 | -2,451 | -886 | -1,098 | -519 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0% | |
Net Profit | -72 | -281 | -585 | -78 | -940 | -2,451 | -886 | -1,098 | -519 |
EPS in Rs | -2,408.98 | -9,128.74 | -19,026.66 | -2,324.25 | -27,849.27 | -72,584.54 | -25,206.26 | -1.39 | -0.67 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 46% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -49% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -28% |
3 Years: | -21% |
Last Year: | -11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 0 | 252 | 455 | 764 | 834 | |
Reserves | 513 | 558 | 384 | 1,419 | 2,812 | 601 | 7,754 | 15,980 | 19,481 |
0 | 304 | 0 | 0 | 0 | 67 | 46 | 30 | 142 | |
171 | 140 | 57 | 94 | 677 | 2,317 | 948 | 726 | 755 | |
Total Liabilities | 683 | 1,002 | 442 | 1,513 | 3,489 | 2,985 | 8,748 | 17,501 | 21,212 |
14 | 27 | 13 | 4 | 174 | 1,580 | 1,450 | 1,348 | 1,411 | |
CWIP | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
Investments | 634 | 747 | 251 | 1,237 | 2,540 | 524 | 2,506 | 5,136 | 9,125 |
33 | 227 | 177 | 270 | 774 | 881 | 4,792 | 11,017 | 10,676 | |
Total Assets | 683 | 1,002 | 442 | 1,513 | 3,489 | 2,985 | 8,748 | 17,501 | 21,212 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
-2,074 | -281 | -509 | ||||||
1,646 | -6,115 | -8,129 | ||||||
362 | 6,474 | 8,763 | ||||||
Net Cash Flow | -66 | 79 | 126 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 24 | 35 | 19 | 20 | 21 | 26 | 17 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 41 | 24 | 35 | 19 | 20 | 21 | 26 | 17 |
Working Capital Days | -5 | 1 | 55 | -12 | 12 | -11 | 119 | 366 |
ROCE % | -41% | -92% | -6% | -100% | -118% | -9% | -11% |
Documents
Announcements
- Board Meeting Intimation for Approval Of The Un-Audited Financial Results For The Quarter And Nine Months Ended December 31, 2022 1 Feb
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Feb - Company will hold its earnings conference call on Friday, February 10, 2023 at 5:00 PM IST, to discuss the financial results of the Company for …
-
Announcement Under Regulation 30 (LODR)
27 Jan - Clarification w.r.t. news item appearing in www.rediff.com
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
25 Jan - Zomato Limited has informed the Exchange about allotment of 17,65,182 Equity Shares pursuant to exercise of options under Zomato Employee Stock Option Plan 2018 and …
-
Clarification sought from Zomato Ltd
25 Jan - Exchange has sought clarification from Zomato Ltd on January 25, 2023, with reference to news appeared inwww.rediff.com dated January 25, 2023 quoting "Zomato stops 10-minute …
Concalls
-
Nov 2022TranscriptPPT
-
Aug 2022TranscriptPPT
-
May 2022TranscriptPPT
Leading Foodservice platform[1] Zomato Ltd. is one of the leading Food Services platforms in India in terms of the value of food sold. During FY21, 32.1 million average Monthly Active Users visited its platform in India. As of March 31, 2021, Zomato had 389,932 Active Restaurant Listings. Its mobile application is the most downloaded food and drinks application in India in each of the last three fiscal years on iOS App Store and Google Play combined. App gets ~90 billion monthly visits as of FY23[2] In India, ~248 cities are at contribution break even [3] and as of FY22, Zomato is active in 1000+ cities with 500+ cities added in FY22.[4]