Swiggy Ltd

Swiggy Ltd

₹ 597 2.62%
20 Dec - close price
About

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]

Key Points

Business Model[1] Swiggy operates a diversified hyperlocal commerce platform through its unified app - ''SWIGGY'' The company, known for pioneering hyperlocal commerce in India, offers a range of services through five main segments:

  1. 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.
  • Market Cap 1,33,736 Cr.
  • Current Price 597
  • High / Low 613 / 391
  • Stock P/E
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE -18.3 %
  • ROE %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: E-Commerce/App based Aggregator Industry: Miscellaneous

Part of BSE IPO

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Jun 2024 Sep 2024
1,548 1,953 2,146
2,211 2,546 2,742
Operating Profit -663 -594 -596
OPM % -43% -30% -28%
107 127 136
Interest 6 5 5
Depreciation 29 26 26
Profit before tax -591 -497 -491
Tax % 0% 0% 0%
-591 -497 -491
EPS in Rs -49.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,288 2,008 3,557 4,653 6,372
6,937 3,021 6,575 8,730 8,661
Operating Profit -3,650 -1,013 -3,018 -4,077 -2,289
OPM % -111% -50% -85% -88% -36%
158 -24 -586 475 541
Interest 82 74 43 28 22
Depreciation 195 203 121 128 117
Profit before tax -3,768 -1,314 -3,768 -3,758 -1,888
Tax % 0% 0% 0% 0% 0%
-3,768 -1,314 -3,768 -3,758 -1,888
EPS in Rs
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 47%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -23%
TTM: 50%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.86 3 3 10
Reserves 3,135 2,209 -2,964 -5,755 -6,570 8,534
90 79 15,563 15,780 15,762 153
1,264 993 1,606 1,451 1,610 1,827
Total Liabilities 4,489 3,281 14,206 11,478 10,805 10,525
1,124 550 409 894 754 695
CWIP 9 0 0 0 0 0
Investments 2,226 1,387 10,348 6,131 5,568 5,514
1,130 1,344 3,448 4,452 4,483 4,316
Total Assets 4,489 3,281 14,206 11,478 10,805 10,525

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-3,723 -656 -2,473 -3,863 -1,409
2,984 772 -10,728 3,340 1,852
914 10 13,670 -60 -46
Net Cash Flow 175 126 470 -584 397

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 14 25 28 31 13
Inventory Days
Days Payable
Cash Conversion Cycle 14 25 28 31 13
Working Capital Days -18 -41 -36 -3 -20
ROCE % -39% -36% -31% -18%

Shareholding Pattern

Numbers in percentages

Nov 2024
5.22%
8.11%
86.66%
No. of Shareholders 5,69,765

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents