Zomato’s stock closed at ₹236.86 today, up 2.25%, quietly nibbling its way into the list of top gainers. But what caught everyone’s attention was its rebranding to ‘Eternal’ on the Nifty 50 — a name that sounds more like a vampire love story than a biryani app.
We don’t know whether the name change is real, poetic, or just NSE being dramatic. But one thing is clear:
Zomato has had a second wind.
📈 From meme stock to meat stock
After its post-IPO crash, Zomato became a punchline. But now?
- EBITDA positive
- Blinkit turning profitable
- Take rates up
- Competition stabilizing
Even your cousin who mocked it at ₹140 is now secretly adding it to his SIP.
🤝 What’s working?
- Blinkit acquisition finally makes sense. It’s driving margins and brand stickiness.
- Reduced discounts and controlled losses.
- Growth in Tier 2 & 3 cities, where thalis arrive faster than ambulances.
- They’ve managed to do what many startups couldn’t — turn food into consistent cash flow.
📊 Financials snapshot:
Metric | FY25 Q4 | YoY Change |
---|---|---|
Revenue | ₹3,404 crore | ▲52% |
Net Profit | ₹28 crore | First ever! |
EBITDA Margin | 3.2% | Positive! |
🧠 But what’s Eternal?
If this Eternal is a symbolic gesture (new age, longevity, etc.), it might be brilliant branding. Or just… lunch break creativity. Either way, it’s working — stock is up 60% in 6 months.
🍟 EduConclusion:
Zomato’s gone from flaming startup to lean, profitable (and possibly Eternal) delivery juggernaut. The food is still cold sometimes, but the stock is heating up.
Just don’t bet your retirement on it. It’s still a delivery app, not a divine promise.