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India
As of 18 Sept 2026, 03:30 pm
At the 13th Annual General Meeting on August 18, 2026, all seven resolutions presented to shareholders were approved. These included the adoption of the audited financial statements for the fiscal year ending March 31, 2026, adjustments to the authorized share capital, and a provision to limit aggregate foreign ownership to a maximum of 49.50%.
As of the latest report, among 30 analysts covering Swiggy, 21 recommend a 'buy', six suggest a 'hold', and three advise a 'sell'. While analyst sentiment is largely positive, two factors are noted as potentially impacting sentiment around the Instamart business.
On September 7, 2026, Swiggy Limited, through its subsidiary Swiggy Networks Limited (SNL), agreed to sell its entire stake in Lynks Logistics Limited to Trustroot Internet Private Limited (TIPL). This transaction, expected to conclude by October 22, 2026, involves a share swap where TIPL will issue Series R Compulsorily Convertible Preference Shares to SNL. In the last financial year, Lynks Logistics had nil revenue and a net worth of negative ₹11 lakh. The B2B distribution business being transferred contributed ₹668 crore in revenue, representing 2.90% of Swiggy's consolidated revenue, and net assets of ₹500 crore, or 2.73% of consolidated net worth.
In an investor presentation on August 6, 2026, Swiggy reported INR 18,926 crore in B2C Gross Order Value (GOV) and an average of 27.5 million Monthly Transacting Users (MTU) for Q1 FY27. The company projects significant growth across its food delivery, quick commerce, and out-of-home consumption segments. Swiggy aims to achieve INR 10,000 crore in Adjusted EBITDA by FY31, supported by initiatives like the 'Toing' affordability platform and the 'Switch' offering.
As of September 17, 2026, Swiggy's stock has shown varied returns across different timeframes. It experienced a decline of 37% over the last year (return_1y) and a 29% year-to-date decrease (return_ytd). However, it saw a 7% increase in the last three months (return_3m). Technically, the daily trend is indicated as bullish with a Supertrend value of 263.27, while the weekly and monthly trends are indicated as bearish, with Supertrend values of 308.98 and 436.59, respectively.
As of 18 Sept 2026, 03:30 pm
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Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Trading volume was unusually high, but the closing price did not show a clear directional move.
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Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | PEAK₹6,812 crore | ₹6,383 crore | ₹6,148 crore | ₹5,561 crore | ₹4,961 crore |
| Profit Before Tax | PEAK-₹790 crore | -₹799 crore | -₹1,064 crore | -₹1,091 crore | -₹1,196 crore |
| Expenses | PEAK₹7,813 crore | ₹7,448 crore | ₹7,298 crore | ₹6,711 crore | ₹6,244 crore |
| Finance Costs | ₹53 crore | PEAK₹56 crore | ₹55 crore | ₹48 crore | ₹41 crore |
| Segment Revenue From Operations | PEAK₹6,812 crore | ₹6,383 crore | ₹6,148 crore | ₹5,561 crore | ₹4,961 crore |
| Paid Up Value Of Equity Share Capital | PEAK₹262 crore | ₹261 crore | ₹260 crore | ₹232 crore | ₹230 crore |
Revenue from operations reached ₹6,812 crore, up 6.7% from ₹6,383 crore in the preceding three months and significantly above the ₹4,961 crore recorded in the year-ago quarter. The year-on-year growth rate remained substantial, while the sequential increase continued the top-line expansion seen over recent quarters.
Swiggy’s June quarter results demonstrate that top-line growth outpaced expense growth, cutting the pre-tax loss by more than one-third relative to the same period last year. The near-flat sequential loss highlights that the brunt of the improvement came from the year-on-year comparison, reflecting operating leverage as the business scales.
Exchange disclosures and regulatory announcements for Swiggy.
Swiggy Limited, through its wholly owned subsidiary Swiggy Networks Limited (SNL), entered into agreements on September 7, 2026, to sell its entire stake in step-down subsidiary Lynks Logistics Limited to Trustroot Internet Private Limited (TIPL) via a share swap. The transaction is expected to close by October 22, 2026. As consideration, TIPL will issue 166,534 Series R Compulsorily Convertible Preference Shares at USD 314.40 per share to SNL. Lynks had nil revenue and a negative net worth of ₹11 lakh as of March 31, 2026, while the B2B distribution business being transferred contributed revenue of ₹668 crore (2.90% of consolidated revenue) and net assets of ₹500 crore (2.73% of consolidated net worth) for the last financial year. The transaction is not a related party transaction.
Swiggy Limited announced its participation in three scheduled investor meetings: Citi's 2026 GEMS Conference on September 8-9 in New York, Jefferies 5th India Forum 2026 on September 17 in Gurugram, and J.P. Morgan India Conference on September 21 in Mumbai. The company disclosed these dates via a regulatory filing dated September 3, 2026, noting that the schedule is subject to change or cancellation by either party due to exigencies.
Swiggy Limited held its 13th Annual General Meeting on August 18, 2026, via video conference, lasting from 3:00 PM to 4:10 PM IST. All seven resolutions set out in the July 23, 2026 notice were passed by shareholders with the requisite majority, including the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-classification of authorized share capital, and a cap of up to 49.50% on aggregate foreign ownership.
MEETING DATE : 18-AUG-2026
Swiggy Limited has released an investor presentation for its Capital Markets Day on August 6, 2026. The presentation details Q1 FY27 financial performance, including INR 18,926 Cr in B2C GOV and 27.5 Mn average MTU, with projections for significant growth in its food delivery, quick commerce, and out-of-home consumption businesses. The company aims to achieve INR 10,000 Cr in Adjusted EBITDA by FY31, driven by innovation, operational excellence, and strategic initiatives like the 'Toing' affordability platform and 'Switch' proposition for enhanced consumer offerings.
Swiggy Limited announced its FY31 vision on August 6, 2026, aiming for ₹10,000 Cr. Adjusted EBITDA and ₹2.5 Lakh Cr. consolidated Gross Order Value (GOV). The company projects Food Delivery GOV to grow 2.5-3.5x and achieve ₹5,000 Cr. Adjusted EBITDA by FY31. Dineout's GOV is expected to reach ₹20,000-25,000 Cr. by FY31 with ₹1,000 Cr. Adjusted EBITDA, while Instamart targets ₹1.5+ Lakh Cr. GOV by FY31. Swiggy reported a cash balance of ₹14,400 Cr. and is debt-free.
Swiggy Limited has disclosed the transcripts of its earnings call held on July 30, 2026. The transcripts were uploaded to the company's website on August 5, 2026, at 15:55:00. Prior intimation of this call was provided to the exchange on July 20, 2026.
Swiggy Limited has submitted the transcript of its Q1 FY27 Earnings Conference Call held on July 30, 2026. The call discussed strategies for quick commerce, including achieving contribution margin breakeven and focusing on growth, with management indicating flexibility to operate within a 0 to -100 bps contribution margin range. Discussions also covered take rate improvements driven by monetization across brand negotiations, advertising, and user fees, and the company's outlook on food delivery competition and the sustainability of its marketplace model. Management addressed impacts of wage hikes and last-mile costs, and provided insights into the company's approach to private brands and platform innovations like 'Toing'.
Recent market and company developments associated with Swiggy.
Among the 30 analysts who have coverage on Swiggy, 21 have a "buy" rating, six have a "hold" rating and three have a "sell" rating.
NSEs Rs 22,561.57 crore IPO ranks as Indias second-largest, behind Hyundai Motor India. The exchange attracted 189 anchor investors and raised Rs 6,746.18 crore before opening for public subscription, making it the second-highest in the historical anchor investor comparison.
Swiggy launched "Early Cashout" for Food Marketplace delivery partners in over 720 cities, allowing them to withdraw earnings before weekly payouts.
Artificial intelligence is raising concerns for repetitive white-collar roles. Saurabh Mukherjea suggests that many jobs could be automated soon, reshaping the employment landscape and promoting a shift towards gig work, particularly in India. Details here.
Amazon Pay India, CEO, Vikas Bansal, UPI, digital credit, insurance, loans, Google Pay, PhonePe
Alexa+ launched in india, how to enable alexa+
Amazon has launched its generative AI-powered Alexa+ assistant in India. This new version offers more conversational voice interactions and personalized responses. Alexa+ understands natural conversation and can perform various everyday tasks for users. It is designed to recognize Indian languages and cultural references effectively. The service is currently available for eligible customers under an early access program.
Swiggy and Hero MotoCorp have partnered to offer delivery partners vehicle access. Delivery partners can select Hero MotoCorp vehicles and financing through the Swiggy app. This collaboration provides loans with up to ninety percent loan-to-value ratios. Road safety training programs are also included for all Swiggy delivery partners. The initiative aims to enhance safety and vehicle accessibility for delivery personnel.
Comprehensive Section Breakdown for Swiggy
Strategic Vision: Online food ordering, delivery, and quick commerce platform.
• Network effects from connecting customers, vendors, and delivery partners.
• Logistics infrastructure for hyperlocal delivery.
• Brand recognition and customer loyalty.
Swiggy Limited reported its financial results for the quarter ended 30 June 2026, showing a 37.3% jump in revenue from operations compared with a year earlier, while total expenses rose by a slower 25.1%. The pre-tax loss narrowed to ₹790 crore, a reduction of ₹406 crore from the same quarter last year, and was only marginally lower than the prior quarter. The gap between revenue and expense growth drove the improved bottom line.
Total expenses were ₹7,813 crore, a 4.9% sequential increase and 25.1% higher than a year ago. The year-on-year expense growth rate was considerably lower than the revenue growth rate, which was the primary factor behind the narrower loss.
Among the major expense items, purchases of stock-in-trade amounted to ₹2,978 crore. Employee benefit expense stood at ₹662 crore, depreciation at ₹298 crore, and finance costs at ₹53 crore. Other expenses, which include delivery, marketing and technology costs, totalled ₹3,822 crore.
Other income of ₹211 crore brought total income to ₹7,023 crore for the quarter. After accounting for total expenses of ₹7,813 crore, the pre-tax loss settled at ₹790 crore, compared with a loss of ₹799 crore in the previous quarter and ₹1,196 crore a year earlier. The year-on-year reduction represents a 34% decline in the pre-tax loss.
The net loss for the period was ₹791 crore, essentially in line with the pre-tax figure. The modest ₹9 crore sequential improvement suggests that the pace of margin expansion was relatively flat compared with the prior quarter, but the gains over the longer term are clear.
For Q1 FY27, Swiggy reported strong progress in its core businesses. Management highlighted that Food Delivery Adjusted EBITDA improved by INR 100 Cr YoY to INR 292 Cr, with GOV growing 17.4% YoY. The sequential margin dip was attributed to seasonal factors and is expected to normalize through the year. Quick Commerce achieved contribution break-even in May '26, exactly as guided a year ago. Management believes the differentiated assortment strategy will drive the next growth phase, with further EBITDA improvement from scale-led efficiencies. Toing expanded to 50 cities, with 2 out of 3 new users being new to the platform, broadening category adoption. Platform MTUs grew 27.4% YoY to 27.5 million, and Out-of-Home Consumption posted its highest-ever Adjusted EBITDA margin of 0.9% of GOV.
Category: Consumer Tech
Allows users to order food from a wide selection of restaurant partners and have it delivered by Swiggy's delivery fleet.
Key Products & Services: Swiggy
Category: Consumer Tech
Customers can order groceries and household items, fulfilled by merchant partners often through dark stores, and delivered by Swiggy's delivery partners.
Key Products & Services: Instamart
Category: Consumer Tech
Enables users to discover restaurants, make reservations, access promotions, and conduct digital payments at participating establishments.
Key Products & Services: Dineout
Category: Consumer Tech
Facilitates bookings for in-restaurant events and curates live events in collaboration with partners, focusing on premium dining and entertainment.
Key Products & Services: Scenes
Category: Supply Chain
Operates its own cloud kitchens to expand available restaurant choices and optimize delivery logistics.
Key Products & Services: Swiggy Access
Category: B2B Services
Provides instant package delivery, functioning as a person-to-person courier service.
Key Products & Services: Swiggy Genie
Core Thesis: Swiggy operates a three-sided marketplace model, acting as an aggregator and logistics platform to connect customers, vendors, and delivery partners, enabling scalability without direct ownership of restaurants.
• Aggregator and Logistics Platform: Facilitates the entire order process from customer order placement to final delivery by connecting customers, vendors, and delivery partners. • Unified App Experience: Offers a convenience platform accessible through a single app for various services including food delivery, quick commerce, and dining experiences. • Diversified Service Portfolio: Expands beyond core food delivery to include quick commerce, dining reservations, event bookings, cloud kitchens, and instant package delivery.