Is Zomato worth to invest in?

Zomato is a great company, it's growth is tremendous! Nowadays there is lots of hype of Zomato's IPO Now How will you know it's a good company to invest in? So for that you have to check company's fundamentals.... so lets have a look ,

In FY2018 Net profit was -106 Crores

In FY2019 Net profit was -1010 Crores

In FY2020 Net profit was -2385 Crores

So the company is getting loss year after year!

The companys expanses is more then it's income!

Also the stake of the promoter in the company is very less around 6% Approximately

And the good thing about Zomato is it's growth

In FY2019 YoY growth was 185%

In Fy2020 YoY growth was 96%

Summary

At present Zomatos Fundamental is not good,

But the growth is quite good...

Due to the future plans of the company it can make profits in future but right now it's not good to invest your money in Zomato for long term ... But the hype is good and you can have a strong listing gain if you invest in IPO !

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