Swiggy Ltd
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]
- Market Cap ₹ 93,163 Cr.
- Current Price ₹ 417
- High / Low ₹ 489 / 391
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -24.4 %
- ROE %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 49.8 to 31.3 days.
- Company's working capital requirements have reduced from 19.7 days to 10.1 days
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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 2,547 | 5,705 | 8,265 | 11,247 | |
| 3,843 | 9,355 | 12,538 | 13,447 | |
| Operating Profit | -1,296 | -3,650 | -4,273 | -2,199 |
| OPM % | -51% | -64% | -52% | -20% |
| -19 | 239 | 438 | 341 | |
| Interest | 75 | 48 | 58 | 71 |
| Depreciation | 221 | 170 | 286 | 421 |
| Profit before tax | -1,612 | -3,629 | -4,179 | -2,350 |
| Tax % | 0% | 0% | 0% | 0% |
| -1,617 | -3,629 | -4,179 | -2,350 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -24% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.86 | 3 | 3 |
| Reserves | 1,736 | -3,296 | -6,509 | -7,785 |
| 93 | 16,071 | 16,162 | 16,437 | |
| 1,086 | 1,637 | 1,624 | 1,874 | |
| Total Liabilities | 2,915 | 14,412 | 11,281 | 10,529 |
| 747 | 801 | 1,505 | 2,041 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 925 | 10,348 | 6,541 | 5,171 |
| 1,243 | 3,263 | 3,235 | 3,317 | |
| Total Assets | 2,915 | 14,412 | 11,281 | 10,529 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -1,175 | -3,900 | -4,060 | -1,313 | |
| 1,282 | -9,160 | 3,968 | 1,472 | |
| 14 | 13,634 | -172 | -123 | |
| Net Cash Flow | 120 | 574 | -264 | 37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 24 | 71 | 47 | 31 |
| Inventory Days | 10 | 4 | 1 | 4 |
| Days Payable | 223 | 154 | 94 | 70 |
| Cash Conversion Cycle | -189 | -79 | -46 | -35 |
| Working Capital Days | -38 | 25 | 24 | 10 |
| ROCE % | -48% | -37% | -24% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
14 Nov - Appointment of Mr. M. Sridhar as Compliance Officer.
-
Intimation Under Regulation 7(1) Of The SEBI (LODR) Regulation, 2015.
13 Nov - Appointment of Registrar & Share Transfer Agent.
-
Appointment of Company Secretary and Compliance Officer
13 Nov - Appointment of Compliance Officer M. Sridhar.
-
Intimation Pursuant To Regulation 8(1) And 8(2) Of SEBI (Prohibition Of Insider Trading) Regulations 2015
13 Nov - Submission of Fair Disclosure Code under SEBI regulations.
-
Closure of Trading Window
13 Nov - Closure of trading window for securities.
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: