{"id":70099,"date":"2026-04-13T13:29:08","date_gmt":"2026-04-13T07:59:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=70099"},"modified":"2026-04-13T13:29:11","modified_gmt":"2026-04-13T07:59:11","slug":"zomato-share-price-falls-blinkit-profitability-fears","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/","title":{"rendered":"Zomato Drops 6.1% as Blinkit Profitability Timeline Slips \u2014 Is the Quick Commerce Dream Turning into a Cash Burn Nightmare?"},"content":{"rendered":"<p>Zomato \u2014 rebranded as Eternal but still the stock that tracks the pulse of India&#8217;s consumption-meets-technology story \u2014 dropped 6.1% in a single session as Q4 FY26 results revealed Blinkit&#8217;s EBITDA margin slipped back to -3%, versus the guided breakeven. At Rs 205, the stock is approaching its 52-week low of Rs 182. When a company trading at 380 times earnings misses profitability milestones on its most-watched segment, the market does not give it the benefit of the doubt.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2014 Get Free Investment Predictions on Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#What_Happened_%E2%80%94_The_Full_Picture\" title=\"What Happened \u2014 The Full Picture\">What Happened \u2014 The Full Picture<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Why_the_Market_Is_Selling_Zomato_Eternal_Today\" title=\"Why the Market Is Selling Zomato (Eternal) Today\">Why the Market Is Selling Zomato (Eternal) Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#The_Bull_Case_%E2%80%94_Why_the_Sellers_Might_Be_Wrong\" title=\"The Bull Case \u2014 Why the Sellers Might Be Wrong\">The Bull Case \u2014 Why the Sellers Might Be Wrong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#What_Most_Investors_Are_Missing\" title=\"What Most Investors Are Missing\">What Most Investors Are Missing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Zomato_Eternal_Share_Price_Levels_Support_2026_Target\" title=\"Zomato (Eternal) Share Price: Levels, Support &amp; 2026 Target\">Zomato (Eternal) Share Price: Levels, Support &amp; 2026 Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#The_Three_Scenarios_Investors_Are_Pricing_In_Right_Now\" title=\"The Three Scenarios Investors Are Pricing In Right Now\">The Three Scenarios Investors Are Pricing In Right Now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Key_Business_Segments_What_to_Watch\" title=\"Key Business Segments &amp; What to Watch\">Key Business Segments &amp; What to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#What_Should_Zomato_Eternal_Shareholders_Do_Today\" title=\"What Should Zomato (Eternal) Shareholders Do Today?\">What Should Zomato (Eternal) Shareholders Do Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_Why_did_Zomato_Eternal_share_price_fall_today\" title=\"Q: Why did Zomato (Eternal) share price fall today?\">Q: Why did Zomato (Eternal) share price fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_What_is_Blinkits_current_financial_performance\" title=\"Q: What is Blinkit&#8217;s current financial performance?\">Q: What is Blinkit&#8217;s current financial performance?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_Is_Zomato_profitable\" title=\"Q: Is Zomato profitable?\">Q: Is Zomato profitable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_What_is_Zomato_share_price_target_2026\" title=\"Q: What is Zomato share price target 2026?\">Q: What is Zomato share price target 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_What_is_Zomato_rebranding_to_Eternal\" title=\"Q: What is Zomato rebranding to Eternal?\">Q: What is Zomato rebranding to Eternal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_Who_are_Blinkits_competitors\" title=\"Q: Who are Blinkit&#8217;s competitors?\">Q: Who are Blinkit&#8217;s competitors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_What_is_Zomatos_cash_position\" title=\"Q: What is Zomato&#8217;s cash position?\">Q: What is Zomato&#8217;s cash position?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Q_Should_I_buy_Zomato_after_todays_fall\" title=\"Q: Should I buy Zomato after today&#8217;s fall?\">Q: Should I buy Zomato after today&#8217;s fall?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-price-falls-blinkit-profitability-fears\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Happened_%E2%80%94_The_Full_Picture\"><\/span><strong>What Happened \u2014 The Full Picture<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Detail<\/strong><\/td><\/tr><tr><td>Trigger<\/td><td>Blinkit Q4 FY26 EBITDA margin turned negative again; -3% vs guided breakeven<\/td><\/tr><tr><td>Blinkit Dark Stores<\/td><td>580 operational dark stores (target was 600 by March 2026)<\/td><\/tr><tr><td>Blinkit GOV<\/td><td>Rs 4,850 crore in Q4 FY26 \u2014 growing 65% YoY but below Rs 5,200 Cr estimate<\/td><\/tr><tr><td>Cash Burn<\/td><td>Consolidated cash burn Rs 580 crore in Q4 \u2014 higher than Q3&#8217;s Rs 420 crore<\/td><\/tr><tr><td>Food Delivery<\/td><td>Food delivery EBITDA margins stable at 4.8% \u2014 healthy<\/td><\/tr><tr><td>Company Rebranding<\/td><td>Zomato officially renamed &#8216;Eternal&#8217; in FY26 to reflect multi-vertical strategy<\/td><\/tr><tr><td>New Verticals<\/td><td>District (events), Hyperpure (B2B restaurant supply) \u2014 both pre-profitability<\/td><\/tr><tr><td>CEO Comment<\/td><td>Deepinder Goyal: &#8216;We will be EBITDA positive consolidated in FY27&#8217;<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_the_Market_Is_Selling_Zomato_Eternal_Today\"><\/span><strong>Why the Market Is Selling Zomato (Eternal) Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The Zomato share price fall logic is precise. Every valuation model for Zomato (Eternal) has been built on a specific timeline: Blinkit achieves EBITDA breakeven by Q4 FY26, then moves to positive contribution margin in FY27, then reaches 3\u20135% EBITDA margin by FY28. That timeline has just slipped by at least 2 quarters. Blinkit&#8217;s dark store buildout from 400 to 580 stores has been faster than unit economics maturation. Each new dark store takes 8\u201312 months to achieve the gross margin profile of a mature store. The company opened 180+ stores in one year \u2014 a pace that guarantees near-term losses even with healthy underlying demand.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Bull_Case_%E2%80%94_Why_the_Sellers_Might_Be_Wrong\"><\/span><strong>The Bull Case \u2014 Why the Sellers Might Be Wrong<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Blinkit&#8217;s gross order value of Rs 4,850 crore \u2014 growing 65% year on year \u2014 is genuinely exceptional. No quick commerce business in India has grown this fast from this base. Zepto and Swiggy Instamart are growing quickly too, but Blinkit&#8217;s absolute GOV lead is widening, not narrowing. Deepinder Goyal&#8217;s management track record on long-term execution \u2014 building Zomato from a restaurant discovery platform to a food delivery leader to a quick commerce contender \u2014 deserves credibility weight. The consolidated cash burn of Rs 580 crore in Q4 is uncomfortably high but the company has Rs 12,000+ crore in cash \u2014 runway of 5+ years even at elevated burn rates. The breakeven delay is painful but not existential.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Most_Investors_Are_Missing\"><\/span><strong>What Most Investors Are Missing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>What most Discover readers chasing this story may not know: Blinkit&#8217;s dark store economics show a very specific pattern. Stores that have been operational for more than 18 months are EBITDA positive at 3\u20134% margin. The problem is that 40%+ of Blinkit&#8217;s current store base is under 12 months old. The consolidated Blinkit margin is being dragged down by the newest stores, not by deterioration in the mature store base. If you zoom in on the cohort data rather than the blended average, Blinkit&#8217;s underlying economics are healthier than the headline -3% suggests.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zomato_Eternal_Share_Price_Levels_Support_2026_Target\"><\/span><strong>Zomato (Eternal) Share Price: Levels, Support &amp; 2026 Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>Parameter<\/td><td>Value<\/td><\/tr><tr><td>CMP (April 2026)<\/td><td>Rs 205<\/td><\/tr><tr><td>52-Week High<\/td><td>Rs 295<\/td><\/tr><tr><td>52-Week Low<\/td><td>Rs 182<\/td><\/tr><tr><td>Decline from Peak<\/td><td>30%<\/td><\/tr><tr><td>Market Cap<\/td><td>Rs 1.8L Cr<\/td><\/tr><tr><td>Trailing P\/E<\/td><td>380x (forward PE ~65x FY27)<\/td><\/tr><tr><td>12M Analyst Target<\/td><td>Rs 240\u2013275<\/td><\/tr><tr><td>Short-Term Support<\/td><td>Rs 182\u2013195<\/td><\/tr><tr><td>Short-Term Resistance<\/td><td>Rs 230\u2013250<\/td><\/tr><tr><td>NSE Symbol<\/td><td>ETERNAL<\/td><\/tr><\/tbody><\/table><\/figure><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Zomato (Eternal) live with SEBI-registered research alerts.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Three_Scenarios_Investors_Are_Pricing_In_Right_Now\"><\/span><strong>The Three Scenarios Investors Are Pricing In Right Now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Probability<\/strong><\/td><td><strong>Price Implication<\/strong><\/td><\/tr><tr><td>Blinkit breakeven achieved in Q1 FY27; GOV crosses Rs 6,000 Cr quarterly<\/td><td>Medium<\/td><td>Recovery to Rs 240\u2013260; re-rating on profitability evidence<\/td><\/tr><tr><td>Blinkit stays loss-making through FY27; GOV growth slows below 40%<\/td><td>Medium-Low<\/td><td>Break below Rs 182 support; re-test Rs 160\u2013165<\/td><\/tr><tr><td>Consolidated EBITDA positive by Q2 FY27 with food delivery carrying Blinkit<\/td><td>Medium-High<\/td><td>Stock recovers toward Rs 250\u2013275 on path to profitability clarity<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Business_Segments_What_to_Watch\"><\/span><strong>Key Business Segments &amp; What to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Business Segment<\/strong><\/td><td><strong>Q4 FY26 GOV\/Revenue<\/strong><\/td><td><strong>Profitability Status<\/strong><\/td><\/tr><tr><td>Food Delivery<\/td><td>Rs 18,200 Cr GOV<\/td><td>EBITDA positive at 4.8% margin \u2014 healthy<\/td><\/tr><tr><td>Blinkit Quick Commerce<\/td><td>Rs 4,850 Cr GOV<\/td><td>EBITDA -3%; mature stores positive; new stores drag<\/td><\/tr><tr><td>Hyperpure (B2B)<\/td><td>Rs 680 Cr revenue<\/td><td>EBITDA breakeven \u2014 scaling well<\/td><\/tr><tr><td>District (Events)<\/td><td>Rs 85 Cr GMV<\/td><td>Early stage; high growth, pre-profitability<\/td><\/tr><tr><td>Zomato Gold (Membership)<\/td><td>Rs 95 Cr revenue<\/td><td>High-margin subscription; growing 40%+ YoY<\/td><\/tr><\/tbody><\/table><\/figure><p>Track Zomato (Eternal) and sector peers live on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a> \u2014 real-time fundamentals, FII\/DII flows, and analyst ratings.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_Zomato_Eternal_Shareholders_Do_Today\"><\/span><strong>What Should Zomato (Eternal) Shareholders Do Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Zomato (Eternal) at Rs 205 is approaching its 52-week low of Rs 182. At 380x trailing P\/E, this is not a value stock \u2014 it is a growth momentum stock where the profitability narrative drives the multiple. The Blinkit breakeven delay is the single catalyst that, when it reverses, will drive the stock 20\u201330% higher quickly. The patient investor&#8217;s thesis: Blinkit&#8217;s mature store economics are sound, the cash runway is adequate, and Deepinder Goyal has not missed execution on the core food delivery business. Hold and monitor quarterly Blinkit EBITDA margin closely.<\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro for SEBI-registered analyst recommendations on Zomato (Eternal) \u2014 with entry, stop-loss, and target.<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Zomato&#8217;s 6.1% fall reflects the reality of investing in a high-growth, pre-profitability platform at 380x earnings. The Blinkit delay is real \u2014 2 quarters of profitability slip is not trivial at this valuation. But the cohort economics of mature Blinkit stores, the food delivery profitability foundation, and the Rs 12,000 crore cash buffer make this a delay story, not a structural failure. Rs 182 is the 52-week low and the line in the sand. The next catalytic event is Q1 FY27 \u2014 if Blinkit GOV crosses Rs 6,000 crore quarterly with margins improving, the correction will prove to have been the entry opportunity.<\/p><p>This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_did_Zomato_Eternal_share_price_fall_today\"><\/span><strong>Q: Why did Zomato (Eternal) share price fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Zomato shares fell 6.1% as Q4 FY26 results showed Blinkit&#8217;s EBITDA margin at -3% \u2014 missing the guided breakeven target. Combined with higher consolidated cash burn of Rs 580 crore and Blinkit GOV below analyst estimates of Rs 5,200 crore, the profitability timeline disappointment triggered institutional selling.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Blinkits_current_financial_performance\"><\/span><strong>Q: What is Blinkit&#8217;s current financial performance?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Blinkit&#8217;s Q4 FY26 Gross Order Value was Rs 4,850 crore \u2014 growing 65% YoY. However, EBITDA margin was -3%, missing the guided breakeven. The company now has 580 operational dark stores vs the original target of 600. Mature dark stores (18 months+) are EBITDA positive; new stores drag the blended average.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Zomato_profitable\"><\/span><strong>Q: Is Zomato profitable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Zomato&#8217;s food delivery segment is EBITDA positive at 4.8% margin. Blinkit (quick commerce) is EBITDA negative at -3%. On a consolidated basis, Zomato (Eternal) reported net profit at the group level driven by food delivery, partially offset by Blinkit and new venture losses. FY27 consolidated EBITDA profitability is the stated management target.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Zomato_share_price_target_2026\"><\/span><strong>Q: What is Zomato share price target 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month Zomato (Eternal) target is Rs 240\u2013275. The stock trades at Rs 205, implying 17\u201334% upside to consensus. At 380x trailing P\/E, the stock is valued on FY28+ earnings \u2014 when Blinkit is expected to be margin-positive. These are analyst estimates, not guaranteed returns.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Zomato_rebranding_to_Eternal\"><\/span><strong>Q: What is Zomato rebranding to Eternal?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Zomato rebranded its parent entity to Eternal in FY26 to reflect its evolving multi-vertical identity \u2014 encompassing food delivery (Zomato), quick commerce (Blinkit), B2B restaurant supply (Hyperpure), and the events platform (District). The NSE ticker has changed to ETERNAL.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Who_are_Blinkits_competitors\"><\/span><strong>Q: Who are Blinkit&#8217;s competitors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Blinkit competes with Swiggy Instamart, Zepto, and Big Basket Now in India&#8217;s quick commerce market. Blinkit leads in GOV with Rs 4,850 crore quarterly. Zepto is the fastest-growing challenger with strong Tier 2 presence. Swiggy Instamart is backed by Prosus and has deep pockets. The market is large enough for 2\u20133 profitable players.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Zomatos_cash_position\"><\/span><strong>Q: What is Zomato&#8217;s cash position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Zomato (Eternal) reported cash and cash equivalents of approximately Rs 12,000 crore as of Q4 FY26. At the current quarterly consolidated cash burn of Rs 580 crore, the company has 20+ quarters of runway \u2014 eliminating any near-term funding risk.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Should_I_buy_Zomato_after_todays_fall\"><\/span><strong>Q: Should I buy Zomato after today&#8217;s fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article is for informational purposes only. Zomato at Rs 205 is near its 52-week low. The Blinkit profitability delay is real but the cash position is strong and mature store economics are healthy. Investors should track Q1 FY27 Blinkit EBITDA margin as the primary re-rating catalyst. Consult a SEBI-registered financial advisor before investing.<strong>Disclaimer: <\/strong>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/why-is-krbl-share-price-falling\"><strong>Why is KRBL Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-reliance-infrastructures-share-price-falling\"><strong>Why is Reliance Infrastructures Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-mahanagar-gas-share-price-falling\"><strong>Why is Mahanagar Gas Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-is-happiest-minds-share-price-falling\"><strong>Why is Happiest Minds Share Price Falling? Check Next Share Price Target&nbsp;<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Zomato \u2014 rebranded as Eternal but still the stock that tracks the pulse of India&#8217;s consumption-meets-technology story \u2014 dropped 6.1% in a single session as Q4 FY26 results revealed Blinkit&#8217;s EBITDA margin slipped back to -3%, versus the guided breakeven. At Rs 205, the stock is approaching its 52-week low of Rs 182. When a<\/p>\n","protected":false},"author":28,"featured_media":70105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3858],"class_list":["post-70099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-q4-results"],"metadata":{"_edit_lock":["1776067177:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["65"],"rank_math_description":["Zomato share price falls 6.1% \u2014 what triggered the sell-off, who is right, and what should investors do? 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