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Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app
Swiggy Limited will participate in investor meetings this September. These include one-on-one and group meetings at Citi's 2026 GEMS Conference (Sept 8-9, New York), Jefferies 5th India Forum 2026 (Sept 17, Gurugram), and J.P. Morgan India Conference (Sept 21, Mumbai).
Swiggy eyes ₹10,000 Cr Adjusted EBITDA by 2031, targeting ₹250,000 Cr GOV, up from ₹67,734 Cr. Growth is driven by food affordability and a differentiated Instamart strategy. Food delivery aims for ₹5,000 Cr Adj. EBITDA, Dineout for ₹1,000 Cr. Instamart targets ₹150,000+ Cr GOV. The company is debt-free with ₹14,400...
**Business Performance:** Swiggy kicked off Q1FY27 with B2C Gross Order Value (GOV) up 28% YoY to ₹18,926 Cr, driven by 27% growth in monthly users. Food Delivery's GOV rose 17% to ₹9,490 Cr, boosting Adjusted EBITDA margin to a strong 3.1%. Instamart surged 40% in GOV to ₹7,907 Cr, reaching...
Swiggy's Q1 FY27 call signals a quick commerce strategy shift, now targeting 0 to -100 bps contribution margin for growth. Quick commerce revenue rose 13% QoQ (NOV 3%), driven by higher take rates. Food delivery's adjusted growth was 18%, aiming for 5% margins from current 3%. Instamart will expand stores,...