If you have been following India’s digital consumption boom, then you already know that Zomato has become one of the strongest internet-based companies in the country. Because the company now operates across food delivery, dining, quick-commerce and logistics, investors are increasingly curious about the Zomato share price target from 2026 to 2030. Moreover, as India’s food delivery market expands rapidly due to changing lifestyles and rising disposable incomes, Zomato’s long-term potential continues to attract massive interest. Therefore, if you want a clean, factual, well-researched and simple explanation of what Zomato may look like from 2026 to 2030, this article will help you understand its business model, fundamentals, growth drivers and risks with complete clarity.

Zomato Share (Eternal) Business Model Explained
Zomato operates on what it calls the Eternal Business Model, which focuses on building businesses that can scale sustainably for decades. Because Zomato has multiple verticals under one ecosystem, it aims to create a profitable, long-term digital powerhouse.
1. Food Delivery (Core Business)
This includes restaurant partner onboarding, commissions, delivery charges and platform fees. Since more Indians now prefer ordering online, this segment continues to grow consistently.
2. Blinkit (Quick Commerce)
Blinkit delivers groceries and daily essentials within minutes. Because quick commerce has become a huge trend in urban India, Blinkit has contributed significantly to Zomato’s revenue in recent quarters.
3. Hyperpure (B2B Supplies for Restaurants)
Hyperpure supplies fresh ingredients and kitchen essentials directly to restaurants. Since this improves Zomato’s relationship with merchant partners, it adds long-term value.
4. Dining Out & Zomato Gold
Zomato also earns through reservation services, dining promotions and subscription programs.
5. Intercity Legends
This service delivers signature dishes from famous restaurants across Indian cities. Although still small, it adds brand value.
Because these segments work together, Zomato’s business becomes stronger, more integrated and more profitable over time.
Zomato Share Price Scenario Based Table
Since no company issues long-term targets, all projections should always be treated as scenario-based.
Year |
Growth Basis |
Price Target Range (₹) |
|---|---|---|
2026 |
Strong delivery + Blinkit profitability |
210 to 245 |
2027 |
Expansion in quick commerce |
245 to 290 |
2028 |
Improved margins + wider service coverage |
290 to 340 |
2029 |
Strong cash flow + new vertical scaling |
340 to 395 |
2030 |
Long-term digital consumption growth |
395 to 455 |
These numbers are not predictions, but realistic scenarios based on market expansion, company fundamentals and current financial direction.
Financial Performance and Fundamentals
Based on publicly available sources such as NSE, Screener, Moneycontrol and Zomato’s own annual reports, the company has shown strong improvement:
Key Financial Highlights:
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Current Share Price Range (2026): ₹170 to ₹185
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52-Week High: Around ₹200
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Market Capitalisation: Approximately ₹1.60 lakh crore
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Revenue Growth: Strong double-digit growth year-on-year
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Profit After Tax: Recently turned profitable
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EBITDA Margins: Improving due to operational efficiency
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Cash Flow: Strengthening as scale increases
Because Zomato achieved profitability sooner than expected, investor confidence has increased significantly. Moreover, Blinkit’s growth has boosted consolidated performance.
Growth Drivers for Zomato Share 2026 to 2030
1. Rising Food Delivery Adoption
Because more consumers choose convenience over dining out, the demand for online delivery continues to rise every year.
2. Blinkit Quick-Commerce Growth
Blinkit is growing faster than traditional grocery players, and this contributes heavily to Zomato’s long-term value.
3. Large Addressable Market
India’s food delivery and quick commerce markets are expected to grow significantly between 2026 and 2030.
4. Profitability Improvement
As Zomato optimizes delivery costs, increases platform fees and improves operational efficiency, margins improve consistently.
5. Strong Technology Infrastructure
Zomato invests heavily in AI, automation and logistics optimization, which helps reduce costs over time.
6. Expanding Restaurant Network
More restaurant partners mean more choices and higher order frequency.
Risk Factors That May Affect Zomato from 2026 to 2030
Although Zomato shows strong growth potential, investors must still consider potential risks:
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High Competition: Swiggy remains a strong competitor.
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Thin Margins: Delivery and quick commerce are low-margin businesses.
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Regulatory Issues: Pricing rules and delivery fees may face government intervention.
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Consumer Behavior Changes: Economic slowdowns may reduce spending.
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Operational Costs: Delivery partner incentives may impact profitability.
Because these risks exist, investors should always monitor quarterly performance carefully.
Quick Overview
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Zomato’s business model is diversified and customer-centric
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Blinkit and Hyperpure strengthen long-term strategy
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Revenue and profitability are improving steadily
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Scenario-based price targets show potential upside
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Risks exist but are manageable with execution discipline
Long-Term Investment Outlook: Zomato 2026 to 2030
If you are considering Zomato for long-term investment, then you should know that the company is building a multi-vertical digital ecosystem. Moreover, India’s digital consumption wave continues to get stronger, and food delivery plus quick commerce are among the biggest beneficiaries of this trend. Additionally, Zomato’s improving profitability, growing order frequency and strong brand recall support a positive long-term outlook. However, investors must treat the Zomato share price target from 2026 to 2030 as a guided scenario rather than a fixed outcome. Therefore, tracking earnings, customer trends, competition and execution becomes extremely important.
Official Websites
Zomato Investor Reports & Presentations:
Zomato Corporate Website:
Zomato Investor Relations (Annual Reports):
Disclaimer
This article is only for educational purposes, and it should not be considered financial advice. Since stock prices can change due to many factors, readers should verify information from official sources before investing. Moreover, consulting a SEBI-registered advisor is recommended because long-term targets are only scenario-based estimates and not guaranteed results.
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