Swiggy Limited — Investor Meet, 14-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Swiggy’s Q4 FY25 food delivery revenue grew ~18% YoY, near the low end of guidance amid macro challenges. Bolt, the 10-minute delivery service, now makes up 12% of orders and is scaling well. Quick commerce posted 16% growth in new order value (NOV) and 20% growth in gross order value (GOV), supported by 314 new stores and 2.8 million monthly transacting users. Management plans slower store growth to deepen markets, targeting Instamart’s breakeven in 3–5 quarters. Out-of-home dining turned profitable with a ~4% EBITDA margin target. Focus remains on innovation, efficiencies, and sustainable unit economics. Cash balance stands strong at ~Rs. 6,700 Cr.