In case Zomato starts giving loans to restaurants, those loans will be secured by the cash that goes to them through Zomato, it will be holding that. But I believe its all about thinking too much from now. As of now they have majorly 3 business and we should try to calculate the earnings from them. I believe FY2025 Zomato will be ending between 2000 crores to 2500 crores of net profits and looking at the valuations that D-mart and Reliance retail is getting at this growth Zomato can also get a 100 multiple.
Disc. Invested and views may be biased.
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