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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 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...
Swiggy's food delivery delivered INR 292 Cr Adjusted EBITDA (+INR 100 Cr YoY). Overall revenue rose 34% YoY to INR 7,112 Cr. Quick Commerce hit contribution break-even in May, with GOV up 39.8% YoY to INR 7,907 Cr, despite a quarterly loss of INR 778 Cr.
Swiggy hit its Quick Commerce contribution margin break-even target, narrowing Adjusted EBITDA losses to ₹778 Cr. Food delivery GOV grew 17.4% YoY to ₹9,490 Cr, delivering ₹292 Cr Adjusted EBITDA. The Board approved capping foreign shareholding at 49.5% for IOCC status, aiming to boost Quick Commerce margins.
Swiggy's FY25-26 BRSR details strong ESG, earning an 'AA' MSCI rating. Key wins: huge emission cuts (EVs, Eco Saver, cutlery opt-out), `21 Cr partner insurance, 70,000+ women-run restaurants empowered, and zero data breaches. Focus on sustainable growth.
Swiggy's aggregate foreign investment stands at ~49.76% of fully diluted equity, as it works towards qualifying as an Indian-owned and controlled company. This has no immediate impact on ownership, operations, or share rights.