Swiggy Ltd
SWIGGYSwiggy Ltd
SWIGGY


Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
-31.95 | 10.62 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
-128.27 | 11.56 | 0.34% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Swiggy is a consumer technology company in India offering a convenience platform for food delivery, grocery shopping, and household items, with additional services like Dineout, Genie, and Swiggy Minis.
Peers
Compare with peersGet more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||
---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,675.90 | 6,119.78 | 8,714.46 | 11,634.35 | 14,238.95 | |||||
Raw Materials | 564.50 | 2,275.59 | 3,373.95 | 4,615.83 | 16,217.27 | |||||
Power & Fuel Cost | 22.10 | 29.99 | 18.62 | 56.69 | ||||||
Employee Cost | 1,085.30 | 1,708.49 | 2,129.82 | 2,012.16 | ||||||
Selling & Administrative Expenses | 830.60 | 4,656.35 | 6,019.50 | 5,758.96 | ||||||
Operating & Other expenses | 1,488.80 | 859.78 | 1,007.89 | 1,048.97 | ||||||
EBITDA | -1,315.40 | -3,410.42 | -3,835.32 | -1,858.26 | -1,978.32 | |||||
Depreciation/Amortization | 220.90 | 170.09 | 285.79 | 420.59 | 523.18 | |||||
PBIT | -1,536.30 | -3,580.51 | -4,121.11 | -2,278.85 | -2,501.50 | |||||
Interest & Other Items | 75.30 | 48.38 | 58.19 | 71.40 | 88.91 | |||||
PBT | -1,611.60 | -3,628.89 | -4,179.30 | -2,350.25 | -2,590.41 | |||||
Taxes & Other Items | 5.30 | 0.00 | 0.00 | 0.00 | — | |||||
Net Income | -1,616.90 | -3,628.89 | -4,179.30 | -2,350.25 | -2,590.41 | |||||
EPS | -1,54,281.41 | -8,373.55 | -2,378.89 | -829.90 | -861.58 | |||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Communication ServicesOnline Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Swiggy Ltd | -35.22 | 10.62 | — |
Zomato Ltd | 562.67 | 9.68 | — |
Info Edge (India) Ltd | 171.87 | 3.13 | 0.29% |
PB Fintech Ltd | 1,117.06 | 12.73 | — |
Price Comparison
Compare SWIGGY with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 6.36%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 6.18%
Shareholding Pattern
Sep 2024
Nov 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 4.40%
Top 5 Mutual Funds holding Swiggy Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3016% | Percentage of the fund’s portfolio invested in the stock 1.02% | Change in the portfolio weight of the stock over the last 3 months 0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/75 (+16) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2911% | Percentage of the fund’s portfolio invested in the stock 1.53% | Change in the portfolio weight of the stock over the last 3 months -1.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 26/73 (-18) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.2661% | Percentage of the fund’s portfolio invested in the stock 3.52% | Change in the portfolio weight of the stock over the last 3 months 1.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 6/50 (+12) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
SWIGGY has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Shares of Swiggy have fallen 21.21% in five consecutive sessions. The stock hit a record low of Rs 359 today. The food delivery giant, which debuted on 13 November 2024, at Rs 412 (a 5.64% premium over its Rs 390 IPO price), has struggled since. Its IPO was subscribed 3.59 times. On 5 February 2025, Swiggy reported consolidated net loss of Rs 799.08 crore in Q3 FY25 compared with net loss of Rs 574.38 crore in Q3 FY24. However, revenue from operations jumped 30.98% to Rs 3993.06 crore in Q3 FY25 compared with Rs 3,048.69 crore in Q3 FY24. The company reported pre-tax loss of Rs 799.08 crore in Q3 FY25 as against per-tax loss of Rs 574.38 crore in Q3 FY24. Total expenses climbed 32.38% to Rs 4898.27 crore in Q3 FY25 as compared with Rs 3700.17 crore in Q3 FY24. Advertising and sales promotion stood at Rs 751.48 crore (up 65.33% YoY), delivery and related charges was at Rs 1126.94 crore (up 30.33% YoY) employee benefit expenses stood at Rs 656.77 (up 50.38% YoY) and finance cost was at Rs 25.55 crore (up 41.55% YoY) during the period under review. Swiggy's gross order value (GOV) grew 38% YoY to Rs 12,165 crore, while the consolidated adjusted EBITDA loss reduced by around 2% YoY to Rs 490 crore. The platform's average monthly transacting users (MTU) increased 25.3% YoY to reach 17.8 million. Swiggy's food delivery business gross order value (GOV) grew 19.2% YoY to Rs 7,436 crore. The segment also added 2.4 million MTUs over the past year, driven by multiple industry-leading innovations. 'Bolt,' a 10-minute restaurant food delivery service launched in October 2024, already accounts for 9% of overall food deliveries. On growth outlook front, the company stated that it is on track to deliver its high-teens growth guidance for the fiscal year, with its new propositions for faster delivery and affordable meals. It remains committed to delivering approximately 5% adjusted EBITDA margins in the medium-term. Swiggy Instamart reported an 88% YoY rise in GOV to Rs 3,907 crore. Average order value increased by 14% YoY to Rs 534, driven by greater selection and increased consumer salience. Instamart added 96 new active stores during the quarter (over 16% QoQ); driving up active dark store area to 2.45 million sq ft (over 25% QoQ). Growth investments in quick-commerce led to a reduction in contribution margin from -1.9% in Q2FY25 to -4.6% in Q3FY25, as the company ramped up user activation and dark store expansion across geographies. A dark store refers to a retail outlet or warehouse that is solely used for processing online orders and is not accessible to the public. The company stated that it remains on track to achieve a 4 million square foot active dark store footprint by March-2025. It also maintains its guidance for contribution break-even in Q3 FY26. As of 31st December 2024, cash and cash equivalents stood at Rs 8,183 crore. Swiggy is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app - to browse, select, order and pay for food Food Delivery, grocery and household items Instamart, and have their orders delivered to their doorstep through its on-demand delivery partner network. Its platform can be used to make restaurant reservations 'Dineout' and for events bookings SteppinOut, avail product pick-up/ drop-off services 'Genie' and engage in other hyperlocal commerce (Swiggy Minis, among others) activities. Being among the first hyper local commerce platforms, Swiggy has successfully pioneered the industry in India, launching Food Delivery in 2014 and Quick Commerce in 2020. Powered by Capital Market - Live
Net Loss of Swiggy reported to Rs 799.08 crore in the quarter ended December 2024 as against net loss of Rs 574.38 crore during the previous quarter ended December 2023. Sales rose 30.98% to Rs 3993.07 crore in the quarter ended December 2024 as against Rs 3048.69 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3993.073048.69 31 OPM %-18.18-17.25 - PBDT-648.58-461.71 -40 PBT-802.57-569.77 -41 NP-799.08-574.38 -39 Powered by Capital Market - Live
However, revenue from operations jumped 30.98% to Rs 3993.06 crore in Q3 FY25 as compared with Rs 3,048.69 crore in Q3 FY24. The company reported pre-tax loss of Rs 799.08 crore in Q3 FY25 as against per-tax loss of Rs 574.38 crore in Q3 FY24. Total expenses climbed 32.38% to Rs 4898.27 crore in Q3 FY25 as compared with Rs 3700.17 crore in Q3 FY24. Advertising and sales promotion stood at Rs 751.48 crore (up 65.33% YoY), delivery and related charges was at Rs 1126.94 crore (up 30.33% YoY) employee benefit expesnses stood at Rs 656.77 (up 50.38% YoY) and finance cost was at Rs 25.55 crore (up 41.55% YoY) during the period under review. Swiggy's gross order value (GOV) grew 38% YoY to Rs 12,165 crore, while the consolidated adjusted EBITDA loss reduced by around 2% YoY to Rs 490 crore. The platform's average monthly transacting users (MTU) increased 25.3% YoY to reach 17.8 million. Swiggy's food delivery business gross order value (GOV) grew 19.2% YoY to Rs 7,436 crore. The segment also added 2.4 million MTUs over the past year, driven by multiple industry-leading innovations. 'Bolt,' a 10-minute restaurant food delivery service launched in October 2024, already accounts for 9% of overall food deliveries. On growth outlook front, the company stated that it is on track to deliver its high-teens growth guidance for the fiscal year, with its new propositions for faster delivery and affordable meals. It remains committed to delivering approximately 5% adjusted EBITDA margins in the medium-term. Swiggy Instamart reported an 88% YoY rise in GOV to Rs 3,907 crore. Average order value increased by 14% YoY to Rs 534, driven by greater selection and increased consumer salience. Instamart added 96 new active stores during the quarter (over 16% QoQ); driving up active darkstore area to 2.45 mn sq ft (over 25% QoQ). Growth investments in quick-commerce led to a reduction in contribution margin from -1.9% in Q2FY25 to -4.6% in Q3FY25, as the company ramped up user activation and darkstore expansion across geographies. The company stated that it remains on track to achieve a 4 million square foot active darkstore footprint by March-2025. It also maintains its guidance for conrtribution break-even in Q3 FY26. As of 31st December 2024, cash and cash equvivalents stood at Rs 8,183 crore. Sriharsha Majety, MD and introduced One BLCK, the premium tier of our Swiggy One subscription program. We delivered higher YoY growth across all 3 of our primary businesses during Q3, which accelerated B2C GOV growth to 38% YoY. The secular expansion in food delivery margins and cashow generation is balanced by growth investments being made in quick-commerce including darkstores expansion and marketing, amidst high competitive intensity in the near term. With this thrust, Instamart added another 86 stores in January 2025, and has grown MTUs to 9 million (more than 2 million).' Swiggy is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app - to browse, select, order and pay for food 'Food Delivery, grocery and household items 'Instamart', and have their orders delivered to their doorstep through its on-demand delivery partner network. Its platform can be used to make restaurant reservations 'Dineout' and for events bookings 'SteppinOut', avail product pick-up/ drop-off services 'Genie' and engage in other hyperlocal commerce (Swiggy Minis, among others) activities. Being among the first hyper local commerce platforms, Swiggy has successfully pioneered the industry in India, launching Food Delivery in 2014 and Quick Commerce in 2020.Powered by Capital Market - Live
Earnings Today: State Bank of India (SBI), Hero Motocorp, ITC, Britannia Industries, Trent, Bharti Airtel, PI Industries, Ramco Cements, Uno Minda, PVR Inox, Finolex Industries, Bharat Dynamics, Cochin Shipyard, BEML, Aurobindo Pharma, Apollo Tyres, ZF Commercial Vehicle Control Systems India, TD Power Systems, Walchandnagar Industries, Emcure Pharmaceuticals, Somany Ceramics, Sai Life Sciences, Reliance Communications, PG Electroplast, NMDC, Motherson Sumi Wiring India, NCC, Minda Corporation, NOCIL, Muthoot Microfinance, KIMS, JK Lakshmi Cement, Gulf Oil Lubricants, Dhampur Sugar Industries, Bharti Hexacom, and others will release their results later today. Stocks to Watch: Swiggy reported consolidated net loss of Rs 799.08 crore in Q3 FY25 as compared with net loss of Rs 574.38 crore in Q3 FY24. Net sales jumped 31% YoY to Rs 3,993.07 crore in Q3 FY25. Sula Vineyards' consolidated net profit declined 34.7% to Rs 28.06 crore in Q3 FY25 as compared with Rs 42.98 crore in Q3 FY24. Net sales fell 1.4% YoY to Rs 200.15 crore during the quarter. Welspun Corp's consolidated net profit surged 131.2% to Rs 674.70 crore in Q3 FY25 as compared with Rs 291.86 crore in Q3 FY24. Net sales plunged 23.9% to Rs 3613.51 crore in Q3 FY25 from Rs 4749.71 crore in Q3 FY24. Reliance Power reported consolidated net profit of Rs 41.95 crore in Q3 FY25 as compared with net loss of Rs 1136.75 crore in Q3 FY24. Net sales fell 4.7% YoY to Rs 1,852.84 crore in Q3 FY25. Ultratech Cement commissioned an additional 0.6 MTPA grinding capacity at an existing unit in Sonar Bangla, West Bengal. The said additional capacity will help to service composite cement demand in the East region and will also help to increase its blended cement ratio. Ola Electric has launched a new product named Roadster X+ 4.5kWh and Roadster X+ 9.1kWh, which is an electric motorcycle.Powered by Capital Market - Live
Swiggy will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live
Swiggy has allotted 2,61,93,411 equity shares under ESOP on 25 January 2025. Consequent to this allotment made on January 25, 2025, the paid-up equity share Capital of the Company stands increased from Rs. 2,23,84,47,311 divided into 2,23,84,47,311 equity shares of Rs. 1 each to Rs. 2,26,46,40,722 divided into 2,26,46,40,722 equity shares of Rs. 1 each. Powered by Capital Market - Live
Swiggy announced that its on-demand convenience platform, Swiggy Instamart, has expanded to 76 cities across the nation, and will soon also be available as a standalone app. As one of Swiggy's flagship services, Instamart will continue be accessible via Swiggy's unified platform, where it has delivered rapid growth in the past year. The Instama app provides users an even more direct experience, offering greater convenience by ensuring quicker access to Swiggy's pioneering quick-commerce service. Amitesh Jha, CEO of Swiggy Instamart, said 'Swiggy Instamart is on a rapid growth trajectory, offering compelling value proposition with 10-minute deliveries and an expanding range of nearly 50,000 products. The launch of the Instamart app ensures seamless adoption and access to the service in a category that we believe we have only scratched the surface of. Whether consumers access Instamart via Swiggy or the standalone app, all Swiggy One, One Lite, and One BLCK benefits will apply, ensuring that our ever-growi user base continues to enjoy the same great perks.Powered by Capital Market - Live
The one-month lock-in period for anchor investors, who participated in Swiggy's initial public offering (IPO) on November 13, concluded today. As a result, approximately 6.5 crore shares, or about 3% stake in the company, became eligible for trading. While these shares are now tradable, it does not necessarily mean that all anchor investors will immediately sell their holdings. The remaining 50% of their shares will be subject to a lock-in period until 9 February 2025. Swiggy made its stock market debut on 13 November 2024 and listed at Rs 412, a premium of 5.64% to the issue price of Rs 390. Its IPO was subscribed 3.59 times. Meanwhile a foreign brokerage firm initiated its coverage on the Swiggy stock with an 'outperform' rating and price target of Rs 708 each. Swiggy is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app - to browse, select, order and pay for food Food Delivery, grocery and household items Instamart, and have their orders delivered to their doorstep through its on-demand delivery partner network. Its platform can be used to make restaurant reservations Dineout and for events bookings SteppinOut, avail product pick-up/ drop-off services Genie and engage in other hyperlocal commerce (Swiggy Minis, among others) activities. Being among the first hyper local commerce platforms, Swiggy has successfully pioneered the industry in India, launching Food Delivery in 2014 and Quick Commerce in 2020. The food delivery aggregator reported net loss of Rs 625.53 crore in Q2 FY25 compared with net loss of Rs 657 crore in corresponding quarter last year. Revenue from operations jumped 30.33% YoY to Rs 3601.45 crore during the quarter. Powered by Capital Market - Live
Swiggy today introduced One BLCK, an exclusive, invite-only membership for consumers seeking the highest level of convenience and service. One BLCK is designed to deliver an elevated Swiggy experience. Members will enjoy faster deliveries on every food order, along with an On-Time Guarantee. When dining out, members can indulge in complimentary cocktails, drinks, or desserts. They will also benefit from access to Swiggy's top customer care agents for personalized, priority support. One BLCK members will also enjoy all the benefits of the current Swiggy One membership, including unlimited free deliveries on both food delivery and Instamart, as well as exclusive member-only discounts on food delivery and Dineout.Powered by Capital Market - Live
Net Loss of Swiggy reported to Rs 625.53 crore in the quarter ended September 2024 as against net loss of Rs 657.01 crore during the previous quarter ended September 2023. Sales rose 30.33% to Rs 3601.45 crore in the quarter ended September 2024 as against Rs 2763.33 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3601.452763.33 30 OPM %-15.39-22.58 - PBDT-492.53-552.12 11 PBT-623.41-656.72 5 NP-625.53-657.01 5 Powered by Capital Market - Live
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant