Swiggy Ltd
Founded in 2014, Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app.[1]
- Market Cap ₹ 69,917 Cr.
- Current Price ₹ 305
- High / Low ₹ 617 / 303
- Stock P/E
- Book Value ₹ 38.2
- Dividend Yield 0.00 %
- ROCE -18.3 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 8.00 times its book value
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Miscellaneous
Part of Nifty 100 Equal Weight BSE LargeCap BSE IPO Nifty Next 50 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 3,288 | 2,008 | 3,557 | 4,653 | 6,372 | |
| 6,937 | 3,021 | 6,575 | 8,730 | 8,661 | |
| Operating Profit | -3,650 | -1,013 | -3,018 | -4,077 | -2,289 |
| OPM % | -111% | -50% | -85% | -88% | -36% |
| 158 | -24 | -586 | 475 | 541 | |
| Interest | 82 | 74 | 43 | 28 | 22 |
| Depreciation | 195 | 203 | 121 | 128 | 117 |
| Profit before tax | -3,768 | -1,314 | -3,768 | -3,758 | -1,888 |
| Tax % | 0% | 0% | 0% | 0% | 0% |
| -3,768 | -1,314 | -3,768 | -3,758 | -1,888 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -23% |
| TTM: | 50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.86 | 3 | 3 | 10 |
| Reserves | 3,135 | 2,209 | -2,964 | -5,755 | -6,570 | 8,534 |
| 90 | 79 | 15,563 | 15,780 | 15,762 | 153 | |
| 1,264 | 993 | 1,606 | 1,451 | 1,610 | 1,827 | |
| Total Liabilities | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 10,525 |
| 1,124 | 550 | 409 | 894 | 754 | 695 | |
| CWIP | 9 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2,226 | 1,387 | 10,348 | 6,131 | 5,568 | 5,514 |
| 1,130 | 1,344 | 3,448 | 4,452 | 4,483 | 4,316 | |
| Total Assets | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 10,525 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -3,723 | -656 | -2,473 | -3,863 | -1,409 | |
| 2,984 | 772 | -10,728 | 3,340 | 1,852 | |
| 914 | 10 | 13,670 | -60 | -46 | |
| Net Cash Flow | 175 | 126 | 470 | -584 | 397 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 14 | 25 | 28 | 31 | 13 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 14 | 25 | 28 | 31 | 13 |
| Working Capital Days | -18 | -41 | -36 | -3 | -20 |
| ROCE % | -39% | -36% | -31% | -18% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
16h - Nomination and Remuneration Committee at their meeting held on May 02, 2025, have approved the allotment of equity shares under ESOP Plans
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
19h - Swiggy's Bolt service live in 500+ cities, powers 10%+ orders, partners with 45,000+ restaurants.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Swiggy schedules Q4 and FY25 earnings conference call on May 9, 2025, at 17:00 IST.
-
Board Meeting Intimation for Consider And Approve The Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2025
2d - Board meeting on May 9 to approve FY25 audited results; trading window closed till May 11.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Swiggy confirms no borrowings; not classified as Large Corporate per SEBI norms.
Concalls
-
Feb 2025Transcript PPT REC
-
Dec 2024TranscriptPPT
-
Feb 2024TranscriptPPT
Business Model[1] Swiggy operates a diversified hyperlocal commerce platform through its unified app - ''SWIGGY'' The company, known for pioneering hyperlocal commerce in India, offers a range of services through five main segments: