Swiggy (SWIGGY)₹188.00−2.24%E-Retail/ E-Commerce
In the Sep 2026 quarter (consolidated), Swiggy reported sales of ₹7,567 Cr, up 36.1% from Sep 2025, and net profit of −₹921 Cr. For the year to Mar 2026, sales were ₹23,063 Cr and net profit −₹4,152 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,049 | 3,044 | 3,222 | 3,599 | 3,988 | 4,410 | 4,956 | 5,560 | 6,150 | 6,386 | 6,809 | 7,567 |
| Expenses | 3,563 | 3,524 | 3,755 | 4,138 | 4,699 | 5,352 | 5,898 | 6,335 | 6,906 | 7,057 | 7,433 | 8,307 |
| Operating Profit | −527 | −490 | −545 | −555 | −727 | −965 | −956 | −800 | −785 | −699 | −652 | −774 |
| OPM % | −17.0% | −16.0% | −17.0% | −15.0% | −17.9% | −22.0% | −18.9% | −13.9% | −13.0% | −10.9% | −10.0% | −10.0% |
| Other Income | 77.73 | 72.77 | 74.80 | 81.68 | 107 | 121 | 86.64 | 58.80 | 85.70 | 265 | 210 | 211 |
| Interest | 17.99 | 19.99 | 19.97 | 22.99 | 25.99 | 31.98 | 40.97 | 47.94 | 54.94 | 55.99 | 52.96 | 53.97 |
| Depreciation | 108 | 117 | 122 | 131 | 154 | 206 | 288 | 303 | 313 | 311 | 298 | 308 |
| Profit before tax | −574 | −554 | −610 | −625 | −798 | −1,080 | −1,196 | −1,091 | −1,064 | −799 | −790 | −920 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | −4.99 | −24.96 | −12.98 | −2.99 | 3.99 | 0.00 | 0.00 | 0.00 | −9.98 | 0.00 | 0.00 | 0.00 |
| Net Profit | −574 | −555 | −611 | −626 | −798 | −1,081 | −1,196 | −1,092 | −1,065 | −800 | −791 | −921 |
| EPS (Rs) | — | — | — | −62.78 | −3.58 | −4.74 | −4.81 | −4.39 | −3.87 | −2.91 | −2.88 | −3.35 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,468 | 2,545 | 5,701 | 8,267 | 11,241 | 15,227 | 23,063 | 26,912 |
| Expenses | 7,265 | 3,830 | 9,319 | 12,495 | 13,400 | 17,941 | 26,199 | 29,704 |
| Operating Profit | −3,831 | −1,297 | −3,659 | −4,283 | −2,201 | −2,792 | −3,242 | −2,910 |
| OPM % | −110.0% | −51.0% | −64.0% | −52.0% | −20.0% | −18.0% | −13.9% | −10.8% |
| Other Income | 217 | −18.94 | 238 | 437 | 340 | 383 | 497 | 773 |
| Interest | 84.93 | 74.99 | 47.95 | 57.95 | 70.98 | 101 | 200 | 218 |
| Depreciation | 217 | 221 | 170 | 286 | 421 | 611 | 1,215 | 1,230 |
| Profit before tax | −3,906 | −1,609 | −3,622 | −4,174 | −2,346 | −3,113 | −4,150 | −3,574 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Exceptional items | −41.93 | −148 | −110 | −11.98 | −45.93 | −9.99 | −5.99 | −9.98 |
| Net Profit | −3,918 | −1,618 | −3,630 | −4,175 | −2,349 | −3,117 | −4,152 | −3,577 |
| EPS (Rs) | — | — | — | — | — | −13.64 | −15.06 | −13.01 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.89 | 0.02 | 0.87 | 3.01 | 3.01 | 230 | 262 |
| Reserves | 2,968 | 1,736 | −3,287 | −6,492 | −7,767 | 10,003 | 18,068 |
| Borrowings | 89.27 | 93.25 | 16,088 | 16,169 | 16,446 | 1,706 | 2,556 |
| Other Liabilities | 1,352 | 1,091 | 1,636 | 1,616 | 1,865 | 3,299 | 4,393 |
| Total Liabilities | 4,411 | 2,921 | 14,438 | 11,297 | 10,547 | 15,237 | 25,279 |
| Fixed Assets | 1,337 | 750 | 803 | 1,512 | 2,048 | 3,646 | 4,573 |
| CWIP | 8.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1,881 | 926 | 10,365 | 6,547 | 5,178 | 2,680 | 6,047 |
| Other Assets | 1,184 | 1,245 | 3,269 | 3,238 | 3,321 | 8,911 | 14,659 |
| Inventories | 27.88 | 15.94 | 23.89 | 10.96 | 48.83 | 54.80 | 75.72 |
| Trade receivables | 122 | 165 | 1,115 | 1,063 | 966 | 2,469 | 4,054 |
| Cash & equivalents | 581 | 699 | 1,101 | 861 | 889 | 3,290 | 4,029 |
| Total Assets | 4,411 | 2,921 | 14,438 | 11,297 | 10,547 | 15,237 | 25,279 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −3,857 | −1,179 | −3,916 | −4,076 | −1,317 | −2,176 | −2,908 |
| Cash from investing activity | 3,196 | 1,281 | −9,157 | 3,967 | 1,472 | −1,371 | −4,982 |
| Cash from financing activity | 852 | 14.06 | 13,670 | −173 | −123 | 3,917 | 9,432 |
| Net cash flow | 203 | 120 | 576 | −265 | 37.12 | 363 | 1,521 |
| Capex | 334 | 0.00 | 291 | 168 | 353 | 752 | 921 |
| Free cash flow | −4,174 | −915 | −4,125 | −4,215 | −1,656 | −2,910 | −3,810 |
| CFO / OP % | 98.9% | 91.0% | 105.0% | 93.9% | 60.0% | 79.0% | 88.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 13 | 24 | 71 | 47 | 31 | 59 | 64 |
| Inventory days | 31 | 10 | 4 | 1 | 4 | 3 | 3 |
| Days payable | 310 | 222 | 153 | 93 | 69 | 110 | 82 |
| Cash conversion cycle | −268 | −189 | −79 | −46 | −35 | −48 | −16 |
| Working capital days | −21 | −40 | 19 | 19 | 0 | 22 | 67 |
| ROCE % | — | −57.0% | −48.0% | −37.0% | −24.0% | −29.0% | −24.0% |
For the Sep 2026 quarter, Swiggy reported sales of ₹7,567 Cr, up 36.1% year on year and net profit of −₹921 Cr. The operating margin was −10.0%.
Swiggy's sales for the year to Mar 2026 were ₹23,063 Cr; over the last twelve months they were ₹26,912 Cr.
Net profit for the year to Mar 2026 was −₹4,152 Cr, and −₹3,577 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−13.01.
Swiggy reported borrowings of ₹2,556 Cr at Mar 2026, against cash and equivalents of ₹4,029 Cr.
Cash from operations was −₹2,908 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3,810 Cr.