Financials Swiggy Limited

Equities

Delayed NSE India S.E. Other stock markets 11:35:27 2026-01-18 pm EST			5-day change	1st Jan Change
338.60 ^INR	-0.48%		-3.10%	-12.30%

Jan. 14	Walmart's Flipkart, Swiggy drop 10-minute delivery claim in India	RE
Jan. 14	India's Swiggy changes '10-minute' delivery claim after government order	RE

Fiscal Period: March	2024	2025	2026	2027	2028
Net sales ¹	-	152,268	223,856	294,171	367,107
Change	-	-	47.01%	31.41%	24.79%
EBITDA ¹	-	-27,858	-28,781	-11,320	14,621
Change	-	-	-3.31%	60.67%	229.16%
EBIT ¹	-	-33,981	-38,979	-23,534	37.54
Change	-	-	-14.71%	39.62%	100.16%
Interest Paid ¹	-	-1,006	-1,523	-1,796	-1,981
Earnings before Tax (EBT) ¹	-	-31,168	-36,779	-19,968	349.8
Change	-	-	-18%	45.71%	101.75%
Net income ¹	-23,502	-31,168	-35,832	-20,205	963.9
Change	-	-32.62%	-14.96%	43.61%	104.77%
Announcement Date	9/27/24	5/9/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	36,014	39,931	44,100	49,610	55,610	59,551	61,702	59,600	65,300	70,600	74,000
Change	-	10.87%	10.44%	12.49%	12.09%	7.09%	3.61%	-3.41%	9.56%	8.12%	4.82%
EBITDA ¹	-5,542	-7,257	-9,618	-9,550	-7,980	-6,989	-6,064	-1,200	-700	-500	-
Change	-	-30.95%	-32.54%	0.7%	16.44%	12.42%	13.23%	80.21%	41.67%	28.57%	-
EBIT ¹	-6,850	-8,797	-11,675	-12,430	-11,020	-9,887	-8,649	-4,500	-4,300	-4,400	-4,000
Change	-	-28.41%	-32.72%	-6.47%	11.34%	10.28%	12.52%	47.97%	4.44%	-2.33%	9.09%
Charge d'intérêts ¹	-230.5	-255.6	-321.5	-410	-480	-257.5	-257.5	-	-	-	-
Earnings before Tax (EBT) ¹	-6,254	-7,991	-10,812	-11,970	-10,920	-9,194	-8,386	-	-	-	-
Change	-	-27.77%	-35.3%	-10.71%	8.77%	15.81%	8.78%	-	-	-	-
Net income ¹	-6,255	-7,991	-10,812	-11,970	-10,920	-10,082	-11,981	-6,725	-6,007	-5,439	-3,236
Change	-	-27.74%	-35.3%	-10.71%	8.77%	7.67%	-18.83%	43.87%	10.67%	9.45%	40.51%
Announcement Date	12/3/24	2/5/25	5/9/25	7/31/25	10/30/25	-	-	-	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2024	2025	2026	2027	2028
Net Debt ¹	-	-29,197	-68,205	-50,779	-46,378
Change	-	-	-133.6%	25.55%	8.67%
Announcement Date	9/27/24	5/9/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2025	2026	2027	2028
CAPEX ¹	7,508	8,104	9,194	10,282
Change	-	7.94%	13.45%	11.83%
Free Cash Flow (FCF) ¹	-29,203	-25,499	-12,952	8,777
Change	-	12.68%	49.21%	167.76%
Announcement Date	5/9/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-18.3%	-12.86%	-3.85%	3.98%
EBIT Margin (%)	-	-22.32%	-17.41%	-8%	0.01%
EBT Margin (%)	-	-20.47%	-16.43%	-6.79%	0.1%
Net margin (%)	-	-20.47%	-16.01%	-6.87%	0.26%
FCF margin (%)	-	-19.18%	-11.39%	-4.4%	2.39%
FCF / Net Income (%)	-	93.69%	71.16%	64.1%	910.54%
Profitability
ROA	-	-24.22%	-24.7%	-15.1%	5.45%
ROE	-	-34.61%	-36.6%	-24.13%	0.71%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	4.93%	3.62%	3.13%	2.8%
CAPEX / EBITDA (%)	-	-26.95%	-28.16%	-81.22%	70.32%
CAPEX / FCF (%)	-	-25.71%	-31.78%	-70.99%	117.15%
Items per share
Cash flow per share ¹	-	-9.55	-13.1	-13.29	-11.17
Change	-	-	-37.17%	-1.42%	15.96%
Dividend per Share ¹	-	-	-	-	-
Change	-	-	-	-	-
Book Value Per Share ¹	-	44.7	32.35	35.98	38.92
Change	-	-	-27.63%	11.22%	8.19%
EPS ¹	-10.7	-13.72	-15.13	-8.25	-0.1963
Change	-	-28.22%	-10.31%	45.49%	97.62%
Nbr of stocks (in thousands)	-	2,286,481	2,593,883	2,593,883	2,593,883
Announcement Date	9/27/24	5/9/25	-	-	-