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SWIGGY · NSE · E-Retail/ E-Commerce

Swiggy Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: E-Commerce/App based Aggregator
No valuation view.No view: a loss-maker (growth stage), so earnings multiples do not apply.
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Swiggy's share price today?

Swiggy last traded at ₹230.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.8% on the day, down 46.1% over a year. Its 52-week range is ₹230 to ₹460. The live price is in the app.

₹230.00 −1.8% today
−46.1% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
23 month-end closes, 30 Nov 2024 to 30 Sep 2026, adjusted for splits and bonuses
52-week range0% of the way up
Low ₹230High ₹460

What is Swiggy's market cap?

Swiggy's market capitalisation is about ₹64,647 crore: what it would cost to buy every share at today's price. That makes it the 62nd largest mid cap company we cover.

₹64,647 Cr Mid Cap62nd largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: SWIGGY
ISIN
INE00H001014
Cap bucket
Mid Cap, 62nd largest by market cap
Industry (NSE)
Consumer Discretionary › Consumer Services › Retailing › E-Retail/ E-Commerce
Listed since
2024
Futures and options
Traded

Is Swiggy overvalued?

No valuation view yet. No view: a loss-maker (growth stage), so earnings multiples do not apply.

Valuation

Latest price and trailing 12 months
P/E -15.36
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 3.25
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹64,647 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield Not available
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 3.12
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth Not available
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
No valuation model could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored; P/E vs own history, P/E vs peers: no positive EPS; Warranted P/B: no ROE

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Swiggy a quality business?

Quality score 28.3; CAUTION on 20 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 28.3
among 9 companies
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CAUTION
20 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE Not available
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE Not available
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin -14.7%
vs peers 5.4% · 8th of 9
Profit after everything, as a share of revenue. Learn more →
EPS ₹-15.92
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Swiggy made money for shareholders?

Not over these periods: −46.1% over one year.

Shareholder returns

1-year return −46.1%
Price only
What the share price did over the last 12 months. Learn more →
5-year return Not available
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Not available
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−1.9%
1M
−14.8%
3M
−12.2%
6M
−11.4%
1Y
−46.1%
3Y
—
5Y
—
— not available

Is Swiggy growing?

Revenue 3 years 40.3% a year; revenue 5 years 33.1% a year. History break: FY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 40.3% a year
vs peers 27.7% · 1st of 9
Compound annual growth of revenue over three years. Learn more →
Profit 3 years Not available
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 33.1% a year
Compound annual growth of revenue over five years. Learn more →
History break: FY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures.
Profit 5 years Not available
Compound annual growth of net profit over five years. Learn more →
History break: FY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures.
EPS 3 years Not available
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years Not available
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
History break: FY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures.
P/E vs own history Not available
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →
History break: FY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures.

How did Swiggy do last quarter?

Swiggy reported revenue of ₹6,812 Cr, up 52.5% on a year earlier and a net profit of ₹-791 Cr, up 33.3% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹6,812 Cr
+52.5% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹-791 Cr
+33.3% on a year earlier
What was left for shareholders after every cost and tax.

How does Swiggy compare with its peers?

Compared with 8 Retailing (the industry, as the basic industry was too small); the ranks are in the app.

Compared with 8 Retailing (the industry, as the basic industry was too small)

8 companies

Swiggy against its peers

Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Swiggy Ltd₹64,647 Cr—3.2——−46.1%
Avenue Supermarts Ltd₹2.3 L Cr73.510.113.5%17.5%−16.3%
Trent Ltd₹1.6 L Cr86.015.228.9%29.2%−6.5%
Lenskart Solutions Ltd₹1.2 L Cr176.99.55.9%7.6%+68.1%
Meesho Ltd₹1.1 L Cr—1.94.5%5.8%+36.8%
FSN E-Commerce Ventures Ltd₹98,245 Cr385.437.35.1%6.6%+31.2%
Info Edge (India) Ltd₹79,042 Cr49.41.8-1.6%4.8%−8.6%
Vishal Mega Mart Ltd₹45,677 Cr51.07.09.9%13.2%−34.0%
Urban Company Ltd₹24,638 Cr—6.6——+2.6%
Peer median—————−1.9%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Swiggy?

Swiggy has no promoter holding; it is widely held.

Shareholding pattern

Latest filing, percent of shares
Promoters0.0%
The founders and controlling group.
Foreign institutions14.0%
Overseas funds investing through the FPI route.
Domestic institutions27.4%
Indian insurers, banks, pension and mutual funds together.
Mutual funds22.8%
Indian mutual fund schemes; part of domestic institutions.
Retail and others6.7%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Swiggy?

28 analysts cover Swiggy, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

28 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Swiggy do and what is it sensitive to?

Swiggy Limited operates an online platform in India for food delivery, restaurant discovery, quick commerce, dining and curated events, and B2B supply chain services for wholesalers and retailers. Sensitive to: consumption slowdown and geopolitical uncertainty.

Business-model card

FY2025 · 39 verified
4Revenue
4Channels
2Regulators
3Reg. dependencies
5Sensitivities
4Costs
2Geographies

Swiggy Limited operates an online platform in India for food delivery, restaurant discovery, quick commerce, dining and curated events, and B2B supply chain services for wholesalers and retailers. It earns mainly platform fees, commissions, service charges, advertising, subscriptions and onboarding fees, and also books revenue from sale of food and traded goods.

Revenue by segment

2026-03-31
Supply chain and distribution47.4%
Food Delivery34.0%
Quick-commerce16.7%
Out of home consumption1.6%
Platform Innovations0.2%

Revenue engine

4 verified
Food delivery
Described in the excerpt as the largest and oldest business. Revenue is recognised as an order facilitation fee or commission, not the gross order value (see customers_channels for the merchant side).
Quick commerce
Delivery of groceries and essentials in minutes, using merchant partnerships, dark stores and a delivery network. The excerpt says it is the fastest-growing offering.
Supply chain services
Tech-led B2B warehousing, logistics and distribution for wholesalers and retailers. Reported as a separate revenue line; the excerpt describes it as a volume play with thin margins.
1 more statement
Sale of traded goods
Revenue booked from sale of traded goods, reported separately from platform services in the revenue note. Interpretation: revenue here is recognised on a gross basis, as the company is principal when it controls the goods.

Customers & channels

4 verified
Partner merchants and brands as customers
Under the revenue policy, partner merchants and brands are the customers for platform services, so restaurant and grocery merchants pay the company's commission and fees.
End users (platform users)
Individuals who order food and daily essentials for home delivery, discover restaurants and book tables. Users are treated as customers only in select cases, such as service charges.
Delivery partners
A large fleet whose availability and well-being affect service continuity. Their delivery fees are not recognised as revenue, but the company may collect service charges from them.
1 more statement
Dining-out users (table reservations)
Users who book tables and pay while dining out, linked to the out-of-home consumption line.

Regulators

2 verified
Food Safety and Standards Act 2006
Governs food safety and standards for food sold through the platform, one of the other laws the company lists as applying specifically to it.
Legal Metrology Act, 2009
Listed as a law applying specifically to the company, relevant to how products sold through the platform are measured and labelled.

Regulatory dependencies

3 verified
Changes in laws, regulations and their enforcement
Changes to rules on the business model, gig worker social security, food safety, data protection, foreign investment, consumer protection, competition and tax could raise compliance costs or force changes to practice.
Gig worker regulation
Interpretation: a tighter framework for delivery workers would raise the operating cost of the delivery fleet and the compliance burden. The excerpt says it may influence operating costs over time.
Labour, data and zoning rules in quick commerce
Legal complexities around these areas may disrupt quick commerce operations, which the excerpt lists under regulatory risks.

Sensitivities

5 verified
Consumption slowdown and geopolitical uncertainty
When consumption slows or uncertainty rises, demand may moderate, order frequency and values may fall, and operating costs may rise.
Inflation, interest rates and currencies
The excerpt says performance is influenced by movements in these variables. The direction is not stated in the excerpt.
Discretionary spending
Food delivery is described as leveraged to discretionary consumption, so demand is sensitive to discretionary spending.
2 more statements
Price wars and discounts in quick commerce
Intense competition on price could threaten profitability and customer loyalty.
Interest rates on borrowings
The impact of a change in floating rates on profitability was not material in FY2025. The company had no debt obligation in the current year of the later filing.

Cost inputs

4 verified
Technology and cloud infrastructure
A separate line in other expenses, cloud-native on AWS. The FY2025 amount (3,467.02) rose from 2,956.96 in FY2024 as stated in the excerpt.
Outsourcing support and supply chain management services
Separate expense lines in other expenses. Outsourcing support rose to 6,477.94 from 3,787.91. Supply chain management services rose to 5,421.87 from 2,551.09.
Payment gateway charges
A separate expense line in other expenses (1,827.51 in FY2025 vs 1,394.35 in FY2024), tied to payment volumes.
1 more statement
AWS cloud platform
Interpretation: the platform runs on AWS, so cloud usage is a variable infrastructure cost tied to scale.

Geographies

2 verified
India (domestic only)
The entire source of revenue is in India, and the company operates solely in India.
Operating footprint across 28 states and 7 Union Territories
The company reports its national locations as 35 (28 states and 7 Union Territories).
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (30 Jul 2026).

Change log

6 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Results filedQ4 FY2026 results filed.
  3. Results filedQ3 FY2026 results filed.
  4. Results filedQ2 FY2026 results filed.
  5. Results filedQ1 FY2026 results filed.
  6. Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored; P/E vs own history, P/E vs peers: no positive EPS; Warranted P/B: no ROE.
  • FlagsCAUTION on 20 of 30 flags judged; 3 red; 10 could not be judged.
  • ForensicsForensic scores withheld: share count up 14% in the year.
  • History breakFY2022 step year (revenue +129%, shares +8070%) in the 5-year growth figures: those figures span the accounts before and after it.
  • Data gapsDividend yield, PEG on our 3-year EPS growth, Business quality, ROE, ROCE, 5-year return and 6 more: not available yet.

What this page rests on

✓7 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓23 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2025 · 39 verified

Questions people ask

What is Swiggy's share price today?

Swiggy last traded at ₹230.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.8% on the day, down 46.1% over a year. Its 52-week range is ₹230 to ₹460. The live price is in the app.

What is Swiggy's market cap?

Swiggy's market capitalisation is about ₹64,647 crore: what it would cost to buy every share at today's price. That makes it the 62nd largest mid cap company we cover.

Is Swiggy Ltd a large cap, mid cap or small cap?

Swiggy Ltd (SWIGGY) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Swiggy Ltd's P/E ratio?

-15.36. Price divided by last year's earnings per share: how many years of today's profit you pay for.

How does Swiggy Ltd make money?

Swiggy Limited operates an online platform in India for food delivery, restaurant discovery, quick commerce, dining and curated events, and B2B supply chain services for wholesalers and retailers. It earns mainly platform fees, commissions, service charges, advertising, subscriptions and onboarding fees, and also books revenue from sale of food and traded goods.

Who are Swiggy Ltd's peers?

Compared with 8 Retailing (the industry, as the basic industry was too small): Avenue Supermarts Ltd, Trent Ltd, Lenskart Solutions Ltd, Meesho Ltd, FSN E-Commerce Ventures Ltd and 3 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Swiggy do last quarter?

Swiggy reported revenue of ₹6,812 Cr, up 52.5% on a year earlier and a net profit of ₹-791 Cr, up 33.3% in the Jun 2026 quarter.

Who owns Swiggy?

Swiggy has no promoter holding; it is widely held.

What do analysts say about Swiggy?

28 analysts cover Swiggy, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Swiggy, and 6,621 other companies, with 212 filters and the full peer tables

See Swiggy in the app →See pricing