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]
Business Model[1]Swiggy operates a diversified hyperlocal commerce platform through itsunified app - ''SWIGGY''The company, known for pioneering hyperlocal commerce in India, offers a range of services through five main segments:Food Delivery[2]Launched in 2014, this core segment enables users to browse, order, and have meals delivered from a wide network of restaurant partners. Swiggy monetizes this by charging fees from restaurants, delivery charges, and platform-based advertising opportunities.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Eternal | 281.80 | 1446.53 | 271946.88 | 0.00 | 65.00 | -63.07 | 13590.00 | 183.18 | 2.66 | 31995.00 | 1.84 | 188.00 | 65.00 | 8.82 | 1.47 | 0.11 |
| 2. | Swiggy | 378.40 | – | 104450.27 | 0.00 | -881.00 | -87.45 | 3000.00 | 39.79 | -23.28 | 10390.82 | -37.33 | -3430.36 | -881.00 | 7.86 | -19.57 | 0.01 |
| 3. | Meesho | 182.53 | – | 82378.18 | 0.00 | -289.36 | – | 2503.87 | – | -8.71 | 9389.90 | -6.16 | -4851.17 | -215.92 | – | -85.20 | 0.04 |
| 4. | FSN E-Commerce | 269.55 | 736.46 | 77159.33 | 0.00 | 32.98 | 249.10 | 2345.98 | 25.14 | 9.59 | 8829.89 | 6.50 | 104.77 | 35.05 | 55.57 | 1.95 | 1.01 |
| 5. | Urban Company | 138.26 | – | 19993.91 | 0.00 | -52.39 | -586.90 | 747.30 | 33.90 | 2.37 | 1114.57 | -9.46 | -45.45 | -52.39 | 8.76 | 12.43 | 0.06 |
| 6. | Brainbees Solut. | 299.25 | – | 15621.27 | 0.00 | -50.54 | 33.09 | 2099.08 | 10.19 | -0.40 | 8064.27 | 2.72 | -134.63 | -33.22 | 3.28 | -2.79 | 0.35 |
| 7. | Cartrade Tech | 2897.70 | 74.12 | 13863.45 | 0.00 | 64.07 | 113.99 | 193.41 | 25.42 | 7.59 | 712.18 | 28.55 | 187.04 | 59.66 | 5.92 | 5.54 | 0.06 |
| – | Median: 12 Co. | 264.8 | 41.81 | 14742.36 | 0.0 | 2.58 | -13.01 | 1423.19 | 25.42 | 5.0 | 4488.86 | 2.65 | 8.48 | 2.58 | 5.92 | 2.87 | 0.08 |
Standalone figures in ₹ crores
| Dec 2023 | Dec 2024 | Jun 2024 | Jun 2025 | Mar 2024 | Mar 2025 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
Sales | 1,663 | 2,298 | 1,953 | 2,693 | 1,775 | 2,400 | 1,548 | 2,146 | 3,000 |
Expenses | 2,168 | 3,061 | 2,546 | 3,787 | 1,548 | 3,459 | 2,211 | 2,742 | 3,963 |
Operating Profit | -505 | -763 | -593 | -1,094 | 228 | -1,059 | -663 | -596 | -963 |
Other Income | 231 | 166 | 127 | 131 | 64 | 160 | 107 | 136 | 109 |
Profit before tax | -309 | -626 | -497 | -991 | -515 | -927 | -591 | -491 | -881 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Profit | -309 | -626 | -497 | -991 | -515 | -927 | -591 | -491 | -881 |
EPS in Rs | – | -2.80 | – | -3.97 | – | -4.05 | – | -49.22 | -3.53 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
Sales | 3,288 | 2,008 | 3,557 | 4,653 | 6,372 | 8,796 | 10,391 |
Expenses | 6,937 | 3,021 | 6,575 | 8,730 | 8,661 | 11,810 | 14,270 |
Operating Profit | -3,650 | -1,013 | -3,018 | -4,077 | -2,289 | -3,013 | -3,879 |
Other Income | 158 | -24 | -586 | 475 | 541 | 590 | 566 |
Interest | 82 | 74 | 43 | 28 | 22 | 18 | 16 |
Depreciation | 195 | 203 | 121 | 128 | 117 | 100 | 96 |
Profit before tax | -3,768 | -1,314 | -3,768 | -3,758 | -1,888 | -2,542 | -3,425 |
Net Profit | -3,768 | -1,314 | -3,768 | -3,758 | -1,888 | -2,542 | -3,425 |
EPS in Rs | – | – | – | – | – | -11.12 | -14.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.86 | 3 | 3 | 229 | 232 |
Reserves | 3,135 | 2,209 | -2,964 | -5,755 | -6,570 | 11,781 | 11,774 |
Borrowings | 89 | 79 | 15,563 | 15,780 | 15,762 | 128 | 123 |
Other Liabilities | 1,265 | 993 | 1,606 | 1,451 | 1,610 | 2,607 | 2,561 |
Total Liabilities | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 14,745 | 14,690 |
Fixed Assets | 1,124 | 550 | 409 | 894 | 754 | 665 | 651 |
Gross Block | 1,344 | 1,031 | 885 | 1,424 | 1,192 | 1,145 | – |
Accumulated Depreciation | 220 | 481 | 475 | 530 | 438 | 479 | – |
CWIP | 9 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 2,226 | 1,387 | 10,348 | 6,131 | 5,568 | 5,820 | 7,559 |
Other Assets | 1,130 | 1,344 | 3,448 | 4,452 | 4,483 | 8,259 | 6,480 |
Total Assets | 4,489 | 3,281 | 14,206 | 11,478 | 10,805 | 14,745 | 14,690 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
Cash from Operating Activity | -3,723 | -656 | -2,473 | -3,863 | -1,409 | -1,444 |
Cash from Investing Activity | 2,984 | 772 | -10,728 | 3,340 | 1,852 | -2,608 |
Cash from Financing Activity | 914 | 10 | 13,670 | -60 | -46 | 4,348 |
Net Cash Flow | 175 | 126 | 470 | -584 | 397 | 296 |
Standalone Figures in ₹ Crores / Yearly
| 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% |
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