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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comEternal (Zomato) Ltd, one of India’s largest food delivery and quick-commerce companies, has undergone a significant transformation in recent years. From a pure food-delivery platform, the business has expanded into a full-stack convenience ecosystem through Blinkit, dining-out services, and lifestyle offerings. This shift has widened Zomato’s total addressable market and attracted strong investor interest.
With rising revenue, evolving business verticals, and growing institutional confidence, Eternal (Zomato) Ltd is positioned as one of India’s most dynamic digital consumer businesses. In this article, we analyze its share price targets from 2026 to 2030 based on current market data, operational trends, and sector performance.
Let’s explore the company’s fundamentals, price details, shareholding structure, Blinkit’s role, and long-term outlook.
(As of Latest Market Data)
| Detail | Value |
|---|---|
| Open | ₹290.90 |
| Previous Close | ₹292.40 |
| Day’s High | ₹297.40 |
| Day’s Low | ₹284.15 |
| VWAP | ₹289.36 |
| 52-Week High | ₹368.45 |
| 52-Week Low | ₹194.80 |
| All-Time High | ₹368.45 |
| All-Time Low | ₹40.60 |
| Market Capitalization | ₹2,76,048 Cr |
| Volume | 7,84,87,887 |
| Value (Lacs) | 2,24,514.60 |
| 20D Avg Volume | 8,60,32,394 |
| 20D Avg Delivery (%) | 19.23% |
| Face Value | ₹1 |
| Book Value Per Share | ₹31.48 |
| UC Limit | ₹321.60 |
| LC Limit | ₹263.20 |
| Beta | — |
Eternal (Zomato) Ltd has evolved into a multi-vertical digital powerhouse, offering:
Online food delivery
Restaurant discovery
Dining-out and nightlife services
Quick-commerce delivery through Blinkit
This evolution has expanded Zomato’s market reach beyond meals to groceries, essentials, and lifestyle services. Analysts highlight that Blinkit’s rapid growth and rising valuation now play a major role in Zomato’s projected long-term performance.
Growing food-delivery market share across metros and non-metros
Blinkit’s strong expansion and increasing contribution to revenue
Rising demand for convenience and instant delivery commerce
Scalable business model powered by technology and logistics
Enhanced operational efficiency and focus on profitability
Quarterly revenue has surged significantly even as profits fluctuate due to high Blinkit investments.
Analysts maintain optimistic ratings, citing Blinkit’s rapid scaling and long-term margin improvement.
Diversification into lifestyle services and dining-out strengthens brand presence.
| Investor Type | Holding (%) |
|---|---|
| Foreign Institutions | 39.04% |
| Retail & Others | 30.84% |
| Mutual Funds | 24.68% |
| Other Domestic Institutions | 5.44% |
Strong institutional ownership reflects long-term confidence in Zomato’s growth strategy.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 330 | 360 |
| 2027 | 370 | 410 |
| 2028 | 415 | 455 |
| 2029 | 460 | 505 |
| 2030 | 510 | 575 |
These projections factor in the scaling of Blinkit, expansion of food delivery, operational efficiencies, and sector-wide digital consumption trends.
By 2026, improved profitability driven by order volume growth and cost optimization may strengthen performance.
Growth Drivers:
Increasing transactions across food delivery
Efficiency gains from fleet and logistics optimization
Strong demand from Tier II and Tier III cities
Early effects of Blinkit’s maturing unit economics
Investment View: Suitable for medium-term investors expecting steady growth.
2027 is expected to highlight Blinkit as Zomato’s primary growth engine, supported by rising adoption and operational efficiencies.
Growth Drivers:
Higher margins in quick commerce
Expansion of dark stores and faster delivery network
Stronger monetization across the Zomato ecosystem
Cross-selling synergy between food and quick commerce
Investment View: Strong long-term potential due to multi-vertical revenue streams.
By 2028, Zomato’s business diversification may reflect more balanced, stable revenue sources.
Growth Drivers:
Ad revenue expansion from restaurants
Growth of premium subscription programs like Zomato Gold
Tech-driven cost efficiencies
Broader digital adoption in urban and semi-urban regions
Investment View: Good for investors seeking exposure to India’s digital consumption economy.
With India’s consumption sector maturing, Eternal (Zomato) Ltd could exhibit sustained upward momentum.
Growth Drivers:
Higher customer retention due to ecosystem integration
Expansion beyond metros into high-growth regions
Consistent EBITDA improvement across verticals
Enhanced profitability as Blinkit scales further
Investment View: Favors investors looking for momentum and stable long-term growth.
By 2030, Zomato may be positioned among India’s leading consumer-internet giants.
Growth Drivers:
Clear dominance in food delivery and quick commerce
Strong cash flow and improved margin stability
Growth in discretionary spending across the economy
Multi-service platform advantage enhancing customer lifetime value
Investment View: Ideal for long-term wealth creation.
Eternal (Zomato) Ltd represents a high-growth opportunity backed by strong institutional support and a rapidly expanding digital ecosystem. While near-term profitability may fluctuate due to investments in Blinkit and scaling operations, the long-term outlook remains highly positive.
Expanding revenue from food and quick-commerce
Blinkit’s rising valuation and strong adoption
Enhanced profitability potential as scale increases
Strong brand recall and dominant market position
Multi-vertical business reducing dependence on one revenue stream
High competition in both quick commerce and food delivery
Potential volatility due to aggressive expansion costs
Regulatory uncertainty around e-commerce and consumer data
Execution risks in scaling dark stores and logistics
Reviewing quarterly performance and broader market trends is recommended before taking major positions.
Eternal (Zomato) Ltd has transitioned into a comprehensive digital convenience platform, backed by strong revenue growth and rapid expansion of Blinkit. Although short-term profits may fluctuate due to aggressive reinvestment, the long-term growth trajectory remains compelling.
Analysts project that the stock could reach between ₹510 and ₹575 by 2030, supported by ecosystem integration, rising digital consumption, and operational efficiency. For investors seeking long-term exposure to India’s tech-enabled consumer economy, Eternal (Zomato) Ltd holds promising potential.
1. What is the current share price of Eternal (Zomato) Ltd?
It is around the values listed in the current market data table and fluctuates based on market activity.
2. What is the 2026 share price target?
The expected range is ₹330 to ₹360.
3. Is Eternal (Zomato) Ltd a good long-term investment?
Yes, for investors comfortable with volatility and looking for digital consumption sector growth.
4. What is the share price target for 2030?
The projected target for 2030 is ₹510 to ₹575.
5. What influences the share price the most?
Growth and profitability of Blinkit, performance of food delivery, competition, operational efficiency, and overall market sentiment.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making investment decisions.
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