Swiggy Ltd
NSE: SWIGGY BSE: 544285
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]
₹255
52W: ₹248 — ₹474
PE 161 · Book ₹75.5 · +238% vs bookMarket Cap₹70,264 Cr
Stock P/E161Price to Earnings
ROCE2.76%Return on Capital
ROE2.65%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company is almost debt free.
Weaknesses
- −Stock is trading at 3.30 times its book value
- −Working capital days have increased from 85.1 days to 281 days
Shareholding Pattern
Promoters0%
FIIs14.59%
DIIs25.45%
Public54.39%
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 6.19% | 4.9%▼1.3 | 7.36%▲2.5 | 12.23%▲4.9 | 16.07%▲3.8 | 14.59%▼1.5 |
| DIIs | 7.75% | 9.33%▲1.6 | 13.53%▲4.2 | 15.95%▲2.4 | 22.54%▲6.6 | 25.45%▲2.9 |
| Public | 86.07% | 85.77%▼0.3 | 71.38%▼14.4 | 64.93%▼6.4 | 55.47%▼9.5 | 54.39%▼1.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,663 | 1,775 | 1,953 | 2,146 | 2,298 | 1,711 | 2,693 | 3,000 | 2,153 | 2,194 |
| Expenses | 2,168 | 1,548 | 2,546 | 2,742 | 3,061 | 1,842 | 3,787 | 3,963 | 2,120 | 2,137 |
| Operating Profit | -505 | 228 | -593 | -596 | -763 | -131 | -1,094 | -963 | 33 | 57 |
| OPM % | -30% | 13% | -30% | -28% | -33% | -8% | -41% | -32% | 2% | 3% |
| Net Profit | -309 | -515 | -497 | -491 | -626 | -927 | -991 | -881 | -895 | -652 |
| EPS ₹ | 0 | 0 | 0 | -49.22 | -2.8 | -4.05 | -3.97 | -3.53 | -3.24 | -2.36 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹8,258Cr, down 6.1% YoY. OPM at 0%.
Debt Position
Borrowings at ₹185Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
Institutional Flow
DIIs: 25.45% (+17.70pp change). FIIs: 14.59% (+8.40pp change). Promoters hold 0%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 3% (Mar 2026). Working capital days: 281.
Valuation
PE 161x with 2.76% ROCE. Price is 238% above book value of ₹75.5. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 14 May - Transcript of the Earnings Conference Call for Analysts and Investors held on May 08, 2026
- Clarification On Postal Ballot 13 May - Swiggy clarifies postal ballot amendment supports future IOCC status; requires shareholder and regulatory approvals.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 May - Newspaper Publication of Audited Financial Results for the quarter and financial year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 May - Swiggy shared audio recording of its May 8, 2026 analyst and investor conference call.
- Financial Year 2025 from bse
- Transcript
- PPT