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 ₹ 69,984 Cr.
- Current Price ₹ 305
- High / Low ₹ 617 / 303
- Stock P/E
- Book Value ₹ 31.6
- Dividend Yield 0.00 %
- ROCE -24.4 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Debtor days have improved from 49.8 to 31.3 days.
- Company's working capital requirements have reduced from 19.7 days to 10.1 days
Cons
- Stock is trading at 9.65 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 BSE Allcap BSE IPO Nifty 100 Equal Weight Nifty Next 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2,547 | 5,705 | 8,265 | 11,247 | |
| 3,843 | 9,355 | 12,538 | 13,447 | |
| Operating Profit | -1,296 | -3,650 | -4,273 | -2,199 |
| OPM % | -51% | -64% | -52% | -20% |
| -19 | 239 | 438 | 341 | |
| Interest | 75 | 48 | 58 | 71 |
| Depreciation | 221 | 170 | 286 | 421 |
| Profit before tax | -1,612 | -3,629 | -4,179 | -2,350 |
| Tax % | 0% | 0% | 0% | 0% |
| -1,617 | -3,629 | -4,179 | -2,350 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -24% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
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| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.86 | 3 | 3 | 10 |
| Reserves | 1,736 | -3,296 | -6,509 | -7,785 | 7,071 |
| 93 | 16,071 | 16,162 | 16,437 | 1,044 | |
| 1,086 | 1,637 | 1,624 | 1,874 | 2,305 | |
| Total Liabilities | 2,915 | 14,412 | 11,281 | 10,529 | 10,430 |
| 747 | 801 | 1,505 | 2,041 | 2,222 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 925 | 10,348 | 6,541 | 5,171 | 4,640 |
| 1,243 | 3,263 | 3,235 | 3,317 | 3,568 | |
| Total Assets | 2,915 | 14,412 | 11,281 | 10,529 | 10,430 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -1,175 | -3,900 | -4,060 | -1,313 | |
| 1,282 | -9,160 | 3,968 | 1,472 | |
| 14 | 13,634 | -172 | -123 | |
| Net Cash Flow | 120 | 574 | -264 | 37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 24 | 71 | 47 | 31 |
| Inventory Days | 10 | 4 | 1 | 4 |
| Days Payable | 223 | 154 | 94 | 70 |
| Cash Conversion Cycle | -189 | -79 | -46 | -35 |
| Working Capital Days | -38 | 25 | 24 | 10 |
| ROCE % | -48% | -37% | -24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
3m - Nomination and Remuneration Committee at their meeting held on May 02, 2025, have approved the allotment of equity shares under ESOP Plans
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
3h - Swiggy's Bolt service live in 500+ cities, powers 10%+ orders, partners with 45,000+ restaurants.
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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.
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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.
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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
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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: