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 ₹ 99,871 Cr.
- Current Price ₹ 400
- High / Low ₹ 617 / 297
- Stock P/E
- Book Value ₹ 52.5
- Dividend Yield 0.00 %
- ROCE -23.3 %
- ROE -91.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 20.2 to 15.6 days.
Cons
- Stock is trading at 7.62 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
Consumer Discretionary Consumer Services Retailing E-Retail/ E-Commerce
Part of BSE 500 BSE 200 Nifty Next 50 Nifty 500 Nifty 100
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 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|
3,288 | 2,008 | 3,557 | 4,653 | 6,372 | 8,796 | 9,537 | |
6,937 | 3,021 | 6,575 | 8,730 | 8,661 | 11,810 | 13,050 | |
Operating Profit | -3,650 | -1,013 | -3,018 | -4,077 | -2,289 | -3,013 | -3,513 |
OPM % | -111% | -50% | -85% | -88% | -36% | -34% | -37% |
158 | -24 | -586 | 475 | 541 | 590 | 593 | |
Interest | 82 | 74 | 43 | 28 | 22 | 18 | 17 |
Depreciation | 195 | 203 | 121 | 128 | 117 | 100 | 98 |
Profit before tax | -3,768 | -1,314 | -3,768 | -3,758 | -1,888 | -2,542 | -3,035 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | |
-3,768 | -1,314 | -3,768 | -3,758 | -1,888 | -2,542 | -3,035 | |
EPS in Rs | -11.12 | -60.03 | |||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 35% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 2% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -92% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.86 | 3 | 3 | 229 |
Reserves | 3,135 | 2,209 | -2,964 | -5,755 | -6,570 | 11,781 |
89 | 79 | 15,563 | 15,780 | 15,762 | 128 | |
1,265 | 993 | 1,606 | 1,451 | 1,610 | 2,607 | |
Total Liabilities | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 14,745 |
1,124 | 550 | 409 | 894 | 754 | 665 | |
CWIP | 9 | 0 | 0 | 0 | 0 | 0 |
Investments | 2,226 | 1,387 | 10,348 | 6,131 | 5,568 | 5,820 |
1,130 | 1,344 | 3,448 | 4,452 | 4,483 | 8,259 | |
Total Assets | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 14,745 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-3,723 | -656 | -2,473 | -3,863 | -1,409 | -1,444 | |
2,984 | 772 | -10,728 | 3,340 | 1,852 | -2,608 | |
914 | 10 | 13,670 | -60 | -46 | 4,348 | |
Net Cash Flow | 175 | 126 | 470 | -584 | 397 | 296 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 14 | 25 | 28 | 31 | 13 | 16 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 14 | 25 | 28 | 31 | 13 | 16 |
Working Capital Days | -18 | -43 | -36 | -6 | -21 | -4 |
ROCE % | -39% | -36% | -31% | -18% | -23% |
Documents
Announcements
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Intimation Of Order
1d - Swiggy received INR 30.12 lakh GST demand order; company to appeal, expects no major financial impact.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Aug - Swiggy Q1 FY26 earnings call details Instamart growth, AOV up 26%, margin improvement, and measured store expansion.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Aug - Newspaper Publication of the unaudited financial results for the quarter ended June 30, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
31 Jul - Audio recording of Swiggy's July 31, 2025 analyst conference call now available online.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
31 Jul - Swiggy's Q1 FY26 CRISIL report confirms IPO proceeds used as per objectives, no deviations noted.
Concalls
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Dec 2024TranscriptPPT
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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: