Historicals Financial Statement - ZOMATO LTD

Years Mar-18 Mar-19 Mar-20 Mar-21 Mar-22

# Income statement
Sales ₹ 466.0 ₹ 1,312.6 ₹ 2,604.7 ₹ 1,993.8 ₹ 4,192.4
Sales Growth - 181.66% 98.44% -23.45% 110.27%

COGS ₹ 342.7 ₹ 1,960.3 ₹ 3,023.0 ₹ 1,009.1 ₹ 2,345.0

COGS % Sales 73.54% 149.34% 116.06% 50.61% 55.93%

Gross Profit ₹ 123.3 (₹647.7) (₹418.3) ₹ 984.7 ₹ 1,847.4

Gross Margins 26.46% -49.34% -16.06% 49.39% 44.07%

Selling & General Expenses ₹ 215.8 ₹ 1,595.8 ₹ 1,886.4 ₹ 1,451.8 ₹ 3,698.2

S&G Exp % Sales 46.30% 121.58% 72.42% 72.82% 88.21%

EBITDA (₹92.5) (₹2,243.5) (₹2,304.7) (₹467.1) (₹1,850.8)

EBITDA Margin -19.84% -170.92% -88.48% -23.43% -44.15%

Interest ₹ 6.4 ₹ 8.7 ₹ 12.6 ₹ 10.1 ₹ 12.0

Interest % Sales 1.36% 0.66% 0.49% 0.51% 0.29%

Depreciation ₹ 29.2 ₹ 43.1 ₹ 84.2 ₹ 137.7 ₹ 150.3

Depreciation%Sales 6.26% 3.29% 3.23% 6.91% 3.59%

Earnings Before Tax (₹128.0) (₹2,295.3) (₹2,401.6) (₹614.9) (₹2,013.1)

EBT %Sales -27.46% -174.87% -92.20% -30.84% -48.02%

Tax - - - ₹ 1.3 ₹ 2.0

Effective Tax Rate 0.00% 0.00% 0.00% -0.21% -0.10%

Net Profit (₹128.0) (₹2,295.3) (₹2,401.6) (₹616.2) (₹2,015.1)

Net Margins -27.46% -174.87% -92.20% -30.91% -48.07%

No of Equity Shares Err:508 Err:508 Err:508 Err:508 Err:508

# Balance Sheet
Equity Share Capital ₹ 0.0 ₹ 0.0 ₹ 0.0 - ₹ 764.3
Reserves ₹ 1,036.1 ₹ 2,355.6 ₹ 457.4 ₹ 7,643.8 ₹ 15,741.2
Borrowings ₹ 11.9 ₹ 104.2 ₹ 73.2 ₹ 72.5 ₹ 70.3
Other Liabilities ₹ 326.6 ₹ 953.0 ₹ 2,369.8 ₹ 987.2 ₹ 751.2
Total Liabilities ₹ 1,374.5 ₹ 3,412.9 ₹ 2,900.4 ₹ 8,703.5 ₹ 17,327.0

Fixed Assets Net Block ₹ 189.8 ₹ 389.1 ₹ 1,590.6 ₹ 1,539.0 ₹ 1,404.3

Capital Work in Progress ₹ 1.3 ₹ 0.7 ₹ 1.0 ₹ 0.1 ₹ 0.6
Investments ₹ 829.2 ₹ 2,144.6 ₹ 323.9 ₹ 2,205.2 ₹ 4,717.7
Other Assets ₹ 120.0 ₹ 567.4 ₹ 498.2 ₹ 3,910.9 ₹ 9,429.3
Total Non Current Assets ₹ 1,140.3 ₹ 3,101.7 ₹ 2,413.7 ₹ 7,655.2 ₹ 15,551.9

Receivables ₹ 26.1 ₹ 70.3 ₹ 123.1 ₹ 129.9 ₹ 159.9

Inventory - ₹ 2.1 ₹ 3.7 ₹ 14.8 ₹ 39.7
Cash & Bank ₹ 208.1 ₹ 238.7 ₹ 359.9 ₹ 903.6 ₹ 1,575.5
Total Current Assets ₹ 234.1 ₹ 311.2 ₹ 486.7 ₹ 1,048.3 ₹ 1,775.1

Total Assets ₹ 1,374.5 ₹ 3,412.9 ₹ 2,900.4 ₹ 8,703.5 ₹ 17,327.0

 Mar-23 LTM

₹ 7,079.4 ₹ 10,608.0
68.86% 49.84%

₹ 3,267.3 ₹ 10,878.0
46.15% 102.55%

₹ 3,812.1 (₹270.0)
53.85% -2.55%

₹ 5,022.7 -
70.95% 0.00%

(₹1,210.6) -
-17.10% -

₹ 48.7 ₹ 67.0
0.69% 0.63%

₹ 436.9 ₹ 520.0
6.17% 4.90%

(₹1,696.2) -
-23.96% 0.00%

(₹43.6) (₹62.0)
2.57% -

(₹1,652.6) (₹13.0)
-23.34% -0.12%

Err:508 881.98

₹ 836.4 -
₹ 18,623.4 -
₹ 506.6 -
₹ 1,632.3 -
₹ 21,598.7 -

₹ 6,342.8 -
₹ 7.5 -
₹ 6,764.6 -
₹ 6,927.4 -
₹ 20,042.3 -

₹ 456.9 -
₹ 82.7 -
₹ 1,016.8 -
₹ 1,556.4 -

₹ 21,598.7 -
 Ratio Analysis - ZOMATO LTD
Years Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

Sales Growth - 181.66% 98.44% -23.45% 110.27% 68.86%

EBITDA Growth 0.00% 2326.70% 2.73% -79.73% 296.23% -34.59%
EBIT Growth 0.00% 1693.90% 4.63% -74.40% 227.39% -15.74%
Net Profit Growth 0.00% 1693.90% 4.63% -74.34% 227.02% -17.99%

Gross Margin 26.46% -49.34% -16.06% 49.39% 44.07% 53.85%

EBITDA Margin -19.84% -170.92% -88.48% -23.43% -44.15% -17.10%
EBIT Margin -26.09% -174.21% -91.72% -30.33% -47.73% -23.27%
EBT Margin -27.46% -174.87% -92.20% -30.84% -48.02% -23.96%
Net Profit Margin -27.46% -174.87% -92.20% -30.91% -48.07% -23.34%

Debtor Turnover ratio 17.87x 18.66x 21.16x 15.35x 26.22x 15.49x

Creditor Turnover Ratio 1.43x 1.38x 1.10x 2.02x 5.58x 4.34x
Inventory Turnover 0.00x 616.24x 698.32x 134.72x 105.60x 85.60x
Fixed Assets Turnover 2.46x 3.37x 1.64x 1.30x 2.99x 1.12x
Capital Turnover 0.45x 0.56x 5.69x 0.26x 0.25x 0.36x

Debtor Days 20 days 20 days 17 days 24 days 14 days 24 days

Payable Days 256 days 265 days 332 days 181 days 65 days 84 days
Inventory Days 0 days 1 days 1 days 3 days 3 days 4 days
Cash Conversion Cycle -235 days -245 days -314 days -154 days -48 days -56 days

Current Ratio 0.72x 0.33x 0.21x 1.06x 2.36x 0.95x

Quick Ratio 0.72x 0.33x 0.21x 1.06x 2.36x 0.95x
Debt to Equity Ratio 0.01x 0.04x 0.16x 0.01x 0.00x 0.03x
Net Working Capital -₹ 92.40 -₹ 641.86 -₹ 1,883.10 ₹ 61.10 ₹ 1,023.90 -₹ 75.90
Operating Cash Flow -₹ 155.70 -₹ 2,842.22 -₹ 4,103.56 -₹ 268.30 -₹ 676.60 -₹ 849.60
 Mean Median

87.16% 98.44%
418.56% 1.36%
305.96% 2.32%
305.54% 2.32%

18.06% 35.26%
-60.65% -33.79%
-65.56% -39.03%
-66.22% -39.43%
-66.14% -39.49%

19.12x 18.26x
2.64x 1.72x
273.41x 120.16x
2.14x 2.05x
1.26x 0.41x

20 days 20 days
197 days 218 days
2 days 2 days
-176 days -195 days

0.94x 0.98x
0.94x 0.98x
0.04x 0.05x
-₹ 268.04 -₹ 303.17
-₹ 1,482.66 -₹ 1,748.06
COMPANY NAME ZOMATO LTD
LATEST VERSION 2.10
CURRENT VERSION 2.10

Number of shares 881.98

Face Value 1.00
Current Price 161.00
Market Capitalization 141,998.49

PROFIT & LOSS

Report Date Mar-14 Mar-15 Mar-16 Mar-17
Sales
Raw Material Cost
Change in Inventory
Power and Fuel
Other Mfr. Exp
Employee Cost
Selling and admin
Other Expenses
Other Income
Depreciation
Interest
Profit before tax
Tax
Net profit
Dividend Amount

Quarters
Report Date Sep-21 Dec-21 Mar-22 Jun-22
Sales 1,024.20 1,112.00 1,211.80 1,414.00
Expenses 1,560.00 1,600.90 1,661.50 1,721.00
Other Income 142.40 463.50 130.50 168.00
Depreciation 38.40 38.70 37.70 42.00
Interest 3.10 3.10 2.50 5.00
Profit before tax -434.90 -67.20 -359.40 -186.00
Tax 0.30
Net profit -429.60 -63.20 -359.70 -186.00
Operating Profit -535.80 -488.90 -449.70 -307.00

BALANCE SHEET
Report Date Mar-14 Mar-15 Mar-16 Mar-17
Equity Share Capital
Reserves
Borrowings
Other Liabilities
Total
Net Block
Capital Work in Progress
Investments
Other Assets
Total
Receivables
Inventory
Cash & Bank
No. of Equity Shares

CASH FLOW:
Report Date Mar-14 Mar-15 Mar-16 Mar-17
Cash from Operating Activity
Cash from Investing Activity
Cash from Financing Activity
Net Cash Flow
Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23
466.02 1,312.59 2,604.74 1,993.80 4,192.40 7,079.40
18.72 110.52 202.90 552.40 1,438.20
2.13 1.60 11.00 27.80 43.00
2.41 3.17 6.29 1.90 4.00 23.40
49.81 1,339.70 2,108.91 74.50 183.30 383.70
290.49 600.79 798.88 740.80 1,633.10 1,465.00
182.17 1,514.30 1,756.34 1,435.00 3,654.40 4,962.00
33.59 81.52 130.10 16.80 43.80 60.70
21.03 1,285.05 15.97 -200.20 792.60 681.60
29.15 43.12 84.24 137.70 150.30 436.90
6.35 8.69 12.64 10.10 12.00 48.70
-106.92 -1,010.24 -2,385.61 -815.10 -1,220.50 -1,014.60
1.30 2.00 -43.60
-103.68 -964.95 -2,367.16 -812.80 -1,208.70 -971.30

Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

1,661.00 1,948.20 2,056.00 2,416.00 2,848.00 3,288.00
1,973.00 2,314.40 2,282.00 2,464.00 2,895.00 3,237.00
170.00 173.40 171.00 181.00 212.00 219.00
107.00 154.80 134.00 130.00 128.00 128.00
12.00 16.10 15.00 18.00 16.00 18.00
-261.00 -363.70 -204.00 -15.00 21.00 124.00
-10.00 -17.10 -16.00 -17.00 -15.00 -14.00
-251.00 -346.60 -189.00 2.00 36.00 138.00
-312.00 -366.20 -226.00 -48.00 -47.00 51.00

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

0.03 0.03 0.03 764.30 836.40
1,036.06 2,355.61 457.35 7,643.80 15,741.20 18,623.40
11.85 104.22 73.18 72.50 70.30 506.60
326.55 953.02 2,369.83 987.20 751.20 1,632.30
1,374.49 3,412.88 2,900.39 8,703.50 17,327.00 21,598.70
189.80 389.08 1,590.55 1,539.00 1,404.30 6,342.80
1.29 0.74 0.96 0.10 0.60 7.50
 829.23 2,144.55 323.92 2,205.20 4,717.70 6,764.60
354.17 878.51 984.96 4,959.20 11,204.40 8,483.80
1,374.49 3,412.88 2,900.39 8,703.50 17,327.00 21,598.70
26.08 70.34 123.12 129.90 159.90 456.90
2.13 3.73 14.80 39.70 82.70
208.07 238.69 359.88 903.60 1,575.50 1,016.80
337,694.00 337,694.00 337,694.00 309,711.00 ### ###

Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23

-2,143.63 -1,017.90 -693.00 -844.00
1,739.51 -5,244.60 -7,971.00 797.20
358.91 6,401.90 8,749.80 -127.40
-45.22 139.40 85.80 -174.20