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 ₹ 53,301 Cr.
- Current Price ₹ 62.4
- High / Low ₹ 169 / 40.6
- Stock P/E
- Book Value ₹ 21.3
- Dividend Yield 0.00 %
- ROCE -10.6 %
- ROE -10.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 2.93 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -21.0% over last 3 years.
- Company's cost of borrowing seems high
* 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 | 3,985 | |
| 176 | 416 | 863 | 427 | 4,529 | 4,543 | 2,048 | 5,238 | 5,555 | |
| Operating Profit | -97 | -282 | -617 | -56 | -3,366 | -2,207 | -334 | -1,627 | -1,570 |
| OPM % | -123% | -210% | -252% | -15% | -289% | -94% | -19% | -45% | -39% |
| 31 | 26 | 65 | 14 | 2,508 | -160 | -415 | 668 | 771 | |
| Interest | 1 | 4 | 15 | 24 | 59 | 11 | 8 | 6 | 7 |
| Depreciation | 5 | 22 | 18 | 13 | 23 | 74 | 129 | 133 | 139 |
| Profit before tax | -72 | -281 | -585 | -78 | -940 | -2,451 | -886 | -1,098 | -945 |
| Tax % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | |
| Net Profit | -72 | -281 | -585 | -78 | -940 | -2,451 | -886 | -1,098 | -945 |
| 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 | -1.21 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 71% |
| 3 Years: | 46% |
| TTM: | 77% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | -83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -55% |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 252 | 455 | 764 | |
| Reserves | 513 | 558 | 384 | 1,419 | 2,812 | 601 | 7,754 | 15,980 |
| 0 | 304 | -0 | -0 | -0 | 67 | 46 | 30 | |
| 171 | 140 | 57 | 94 | 677 | 2,317 | 948 | 726 | |
| Total Liabilities | 683 | 1,002 | 442 | 1,513 | 3,489 | 2,985 | 8,748 | 17,501 |
| 14 | 27 | 13 | 4 | 174 | 1,580 | 1,450 | 1,348 | |
| CWIP | 2 | 1 | 1 | 1 | 1 | 1 | 0 | -0 |
| Investments | 634 | 747 | 251 | 1,237 | 2,540 | 524 | 2,506 | 5,136 |
| 33 | 227 | 177 | 270 | 774 | 881 | 4,792 | 11,017 | |
| Total Assets | 683 | 1,002 | 442 | 1,513 | 3,489 | 2,985 | 8,748 | 17,501 |
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
- Closure of Trading Window 23 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 22 Sep
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Sep - He Company will be participating in an investor conference.
- Revised Disclosures under Reg. 29(1) / 29(2) of SEBI (SAST) Regulations, 2011 16 Sep
- Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 2 Sep
Concalls
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Aug 2022TranscriptPPT
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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 was present in 525 cities in India, with 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.