Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,763 | 3,049 | 3,046 | 3,222 | 3,601 | 3,992 | 4,410 | 4,961 | 5,561 | 6,148 | 6,383 | 6,812 |
| Expenses | 3,387 | 3,575 | 3,536 | 3,766 | 4,155 | 4,718 | 5,374 | 5,916 | 6,360 | 6,931 | 7,081 | 7,463 |
| Operating Profit | -624 | -526 | -490 | -544 | -554 | -726 | -964 | -955 | -799 | -783 | -698 | -651 |
| OPM % | -23% | -17% | -16% | -17% | -15% | -18% | -22% | -19% | -14% | -13% | -11% | -10% |
| Other Income | 87 | 78 | 73 | 75 | 82 | 107 | 121 | 87 | 59 | 86 | 266 | 211 |
| Interest | 15 | 18 | 20 | 20 | 23 | 26 | 32 | 41 | 48 | 55 | 56 | 53 |
| Depreciation | 105 | 108 | 117 | 122 | 131 | 154 | 206 | 288 | 304 | 313 | 312 | 298 |
| Profit before tax | -657 | -574 | -555 | -611 | -626 | -799 | -1,081 | -1,197 | -1,092 | -1,065 | -800 | -791 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -657 | -574 | -555 | -611 | -626 | -799 | -1,081 | -1,197 | -1,092 | -1,065 | -800 | -791 |
| EPS in Rs | -62.75 | -3.57 | -4.73 | -4.80 | -4.38 | -3.86 | -2.90 | -2.87 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,468 | 2,547 | 5,705 | 8,265 | 11,247 | 15,227 | 23,053 | 24,904 |
| Expenses | 7,292 | 3,843 | 9,355 | 12,538 | 13,447 | 18,015 | 26,288 | 27,835 |
| Operating Profit | -3,824 | -1,296 | -3,650 | -4,273 | -2,199 | -2,788 | -3,235 | -2,931 |
| OPM % | -110% | -51% | -64% | -52% | -20% | -18% | -14% | -12% |
| Other Income | 218 | -19 | 239 | 438 | 341 | 384 | 498 | 622 |
| Interest | 85 | 75 | 48 | 58 | 71 | 101 | 200 | 212 |
| Depreciation | 217 | 221 | 170 | 286 | 421 | 612 | 1,217 | 1,227 |
| Profit before tax | -3,908 | -1,612 | -3,629 | -4,179 | -2,350 | -3,117 | -4,154 | -3,748 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | -3,920 | -1,617 | -3,629 | -4,179 | -2,350 | -3,117 | -4,154 | -3,748 |
| EPS in Rs | -13.63 | -15.05 | -14.01 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 55% | 41% | 47% | ||
| Compounded Profit Growth | % | % | 0% | -1% | ||
| Stock Price CAGR | % | % | % | -40% | ||
| Return on Equity | % | % | % | -29% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.88 | 0.01 | 0.86 | 3 | 3 | 229 | 261 |
| Reserves | 2,966 | 1,736 | -3,296 | -6,509 | -7,785 | 9,991 | 18,053 |
| Borrowings | 89 | 93 | 16,071 | 16,162 | 16,437 | 1,702 | 2,551 |
| Other Liabilities | 1,346 | 1,086 | 1,637 | 1,624 | 1,874 | 3,283 | 4,372 |
| Total Liabilities | 4,402 | 2,915 | 14,412 | 11,281 | 10,529 | 15,205 | 25,237 |
| Fixed Assets | 1,332 | 747 | 801 | 1,505 | 2,041 | 3,631 | 4,558 |
| CWIP | 9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,879 | 925 | 10,348 | 6,541 | 5,171 | 2,677 | 6,034 |
| Other Assets | 1,182 | 1,243 | 3,263 | 3,235 | 3,317 | 8,897 | 14,645 |
| Total Assets | 4,402 | 2,915 | 14,412 | 11,281 | 10,529 | 15,205 | 25,237 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3,841 | -1,175 | -3,900 | -4,060 | -1,313 | -2,169 | -2,898 |
| Cash from Investing Activity | 3,195 | 1,282 | -9,160 | 3,968 | 1,472 | -1,372 | -4,983 |
| Cash from Financing Activity | 849 | 14 | 13,634 | -172 | -123 | 3,903 | 9,397 |
| Net Cash Flow | 202 | 120 | 574 | -264 | 37 | 362 | 1,516 |
| Free Cash Flow | -4,175 | -915 | -4,128 | -4,217 | -1,657 | -2,912 | -3,809 |
| CFO/OP | 99% | 91% | 105% | 94% | 60% | 79% | 89% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 13 | 24 | 71 | 47 | 31 | 59 | 64 |
| Inventory Days | 31 | 10 | 4 | 1 | 4 | 3 | 3 |
| Days Payable | 311 | 223 | 154 | 94 | 70 | 111 | 83 |
| Cash Conversion Cycle | -268 | -189 | -79 | -46 | -35 | -48 | -16 |
| Working Capital Days | -22 | -41 | 18 | 18 | 0 | 21 | 66 |
| ROCE % | -57% | -48% | -37% | -24% | -29% | -24% |
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| FIIs | 6.19% | 4.90% | 7.36% | 12.23% | 16.07% | 14.59% | 13.96% |
| DIIs | 7.75% | 9.33% | 13.53% | 15.95% | 22.54% | 25.45% | 27.38% |
| Public | 86.07% | 85.77% | 71.38% | 64.93% | 55.47% | 54.39% | 53.57% |
| Others | 0.00% | 0.00% | 7.72% | 6.88% | 5.94% | 5.59% | 5.08% |
| No. of Shareholders | 4,23,592 | 5,04,712 | 5,13,632 | 5,22,922 | 5,35,024 | 5,36,096 | 5,70,439 |
Fundamentals
Market Cap₹ 70,029 Cr.
Current Price₹ 254
Book Value₹ 66.4
ROCE-24.1 %
ROE-29.1 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)47%
Compounded Profit Growth (TTM)-1%
Consolidated figures.
Valuation
Market capRs 65,695 Cr
Enterprise valueRs 80,994 Cr
Price to book-10.10x
Price to sales2.64x
EV / sales3.25x
Earnings yield-5.71%
Profitability
Operating margin (excl. other income)-51.70%
Operating margin (incl. other income)-46.41%
EBITDA margin-9.27%
Pre-tax margin-15.05%
Net profit margin-15.05%
Net margin, latest quarter-11.61%
ROE85.28%
ROCE-36.74%
ROA-32.53%
ROE, 3-year average160.68%
ROCE, 3-year average-49.56%
ROA, 3-year average-39.54%
ROIC (approx.)-40.22%
Other income / net worth-6.73%
Growth
Sales growth (latest year)44.87%
Sales CAGR, 3 years33.57%
Sales growth QoQ6.72%
Sales growth YoY (latest quarter)37.31%
Per share
EPS (TTM)Rs -13.58
EPS (latest year)Rs -1,572.72
EPS (latest quarter)Rs -2.87
EPS, 3-year averageRs -53,364.05
Book value per shareRs -23.57
Sales per shareRs 90.22
Cash flow per shareRs -14.71
Free cash flow per shareRs -13.80
Efficiency
Asset turnover0.73x
Fixed asset turnover5.49x
Inventory turnover366.16x
Inventory days1 days
Debtor days47 days
Debtors turnover7.78x
Creditor days83 days
Cash conversion cycle-16 days
Working capital days66 days
Leverage
Total debtRs 16,162 Cr
Cash and bankRs 864 Cr
Net debtRs 15,298 Cr
Debt to equity-2.48x
Interest coverage-16.68x
Current ratio (filing 2026-03-31)3.35x
Quick ratio (filing 2026-03-31)3.33x
Trade payables (filing 2026-03-31)Rs 2,278 Cr
Owners' fund to total sources-57.67%
Debt to assets143.27%
Cash flow
Cash from Operating Activity (latest year)Rs -4,060 Cr
Cash from Investing Activity (latest year)Rs 3,968 Cr
Cash from Financing Activity (latest year)Rs -172 Cr
Net Cash Flow (latest year)Rs -264 Cr
Free cash flow (latest year)Rs -3,809 Cr
FCFE (approx.: FCF + change in debt)Rs -3,718 Cr
Statement figures
Net sales (TTM)Rs 24,904 Cr
Net sales (latest year)Rs 8,265 Cr
Sales (latest quarter)Rs 6,812 Cr
Operating profit excl. other income (latest year)Rs -4,273 Cr
Operating profit (latest quarter)Rs -651 Cr
Other income (TTM)Rs 622 Cr
EBITDA (TTM)Rs -2,309 Cr
PBDT (TTM)Rs -2,521 Cr
Profit before tax (TTM)Rs -3,748 Cr
Net profit (TTM)Rs -3,748 Cr
Net profit (latest year)Rs -4,179 Cr
Net profit (latest quarter)Rs -791 Cr
Depreciation (TTM)Rs 1,227 Cr
Depreciation (latest quarter)Rs 298 Cr
Interest (TTM)Rs 212 Cr
Cost of goods sold (latest year)Rs 3,896 Cr
Total expenditure (latest year)Rs 12,538 Cr
Total income (latest year)Rs 8,702 Cr
Share capitalRs 3 Cr
ReservesRs -6,509 Cr
Shareholders' fundsRs -6,506 Cr
Total assetsRs 11,281 Cr
Net blockRs 1,505 Cr
InvestmentsRs 6,541 Cr
ReceivablesRs 1,062 Cr
InventoryRs 11 Cr
Other liabilitiesRs 1,624 Cr
Shares outstanding (crore)276.03
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SWIGGY | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -11.0% | -2.8% | -8.2 pts |
| 1 month | -13.5% | -6.8% | -6.7 pts |
| 3 months | -4.1% | -7.6% | +3.5 pts |
| 6 months | -8.5% | +0.4% | -8.9 pts |
| 1 year | -44.1% | -9.9% | -34.2 pts |
286 mutual fund schemes hold about ₹19,317 Cr.
Over three months 220 bought more and 56 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Kotak Mid Cap Fund | 1.64% | 1,166 | +17% |
| Nippon India Multi Cap Fund | 1.76% | 989 | +57% |
| SBI Large & Midcap Fund | 2.05% | 868 | +66% |
| Mirae Asset Large & Midcap Fund | 1.54% | 707 | +18% |
| ICICI Pru Multi Asset Allocation Fund | 0.77% | 677 | +7% |
| ICICI Pru Focused Fund | 3.62% | 649 | +42% |
| Nippon India Large Cap Fund | 1.18% | 641 | +37% |
| HDFC Large Cap Fund | 1.30% | 520 | +20% |
| Mirae Asset Midcap Fund | 2.47% | 516 | +14% |
| Nippon India Growth Mid Cap Fund | 0.81% | 423 | +43% |
| Mirae Asset ELSS Tax Saver Fund | 1.50% | 395 | +21% |
| ICICI Pru Large Cap Fund | 0.49% | 395 | +38% |
| Kotak Multi Cap Fund | 1.27% | 373 | +59% |
| Kotak Large & Mid Cap Fund | 1.13% | 366 | +121% |
| ICICI Pru India Opp Fund | 0.81% | 309 | +199% |
| HDFC Flexi Cap Fund | 0.27% | 306 | +15% |
| SBI Midcap Fund | 1.15% | 282 | +100% |
| SBI Midcap Fund | 1.15% | 280 | +100% |
| ICICI Pru Technology Fund | 1.87% | 256 | +13% |
| SBI Multicap Fund | 1.03% | 254 | +100% |
| Nippon India Focused Fund | 2.89% | 250 | +28% |
| SBI Flexicap Fund | 1.07% | 248 | +20% |
| Invesco India Midcap Fund | 1.48% | 235 | -18% |
| Franklin India Mid Cap Fund | 1.78% | 233 | +50% |
| Invesco India Contra Fund | 1.08% | 223 | +95% |
Red flags
F-score 3 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Share dilution Share count up 210% in a year, 2630% in three |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹6,812 Cr +37.3% vs Jun 2025.
Net loss ₹791 Cr.
Activity
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| Rentomojo Ltd | 5,219 | 48.0 | 21.5 % |
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| Macfos Ltd | 1,084 | 40.8 | 33.8 % |
| Acetech E-Commerce Ltd | 238 | 23.1 | 34.6 % |
| Intrasoft Technologies Ltd | 164 | 12.0 | 6.29 % |
| Womancart Ltd | 81 | 9.90 | 12.8 % |
| Kaushalya Logistics Ltd | 78 | 6.36 | 17.0 % |
| Digidrive Distributors Ltd | 68 | 11.1 | 2.85 % |
No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.50
Max pain (expiry 2026-10-27)260
Largest call open interest at300
Largest put open interest at240
Implied volatility, at the money38.9%
Underlying at snapshot238.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
| Trade date | Shares sold short |
|---|---|
| 2026-09-29 | 43,800 |
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Loss making
Quick answers
What is the market cap of Swiggy Ltd?
Swiggy Ltd (SWIGGY) has a market capitalisation of Rs 70,029 Cr. at the 2026-10-01 close.
What were Swiggy Ltd's latest quarterly results?
In the Jun 2026 quarter, Swiggy Ltd sales was Rs 6,812 Cr (+37.3% vs Jun 2025) with a net loss of Rs 791 Cr.
What is the 52-week high and low of Swiggy Ltd?
The 52-week high is Rs 459.95 and the 52-week low is Rs 235.75.