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Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.
2013
5.4K+
LTM Revenue $1.8B
LTM EBITDA -$263M
$10.0B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Swiggy has a last 12-month revenue of $1.8B and a last 12-month EBITDA of -$263M.
In the most recent fiscal year, Swiggy achieved revenue of $1.3B and an EBITDA of -$216M.
Swiggy expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Swiggy valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $945M | $1.3B | XXX | XXX | XXX |
| Gross Profit | $342M | $500M | XXX | XXX | XXX |
| Gross Margin | 36% | 39% | XXX | XXX | XXX |
| EBITDA | -$445M | -$216M | XXX | XXX | XXX |
| EBITDA Margin | -47% | -17% | XXX | XXX | XXX |
| Net Profit | -$421M | -$485M | XXX | XXX | XXX |
| Net Margin | -45% | -38% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Swiggy's stock price is INR 333 (or $4).
Swiggy has current market cap of INR 761B (or $8.8B), and EV of INR 862B (or $10.0B).
See Swiggy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $10.0B | $8.8B | XXX | XXX | XXX | XXX | $-0.13 |
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Sign UpAs of April 15, 2025, Swiggy has market cap of $8.8B and EV of $10.0B.
Swiggy's trades at 5.6x LTM EV/Revenue multiple, and -38.0x LTM EBITDA.
Analysts estimate Swiggy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Swiggy and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $10.0B | XXX | XXX | XXX |
| EV/Revenue | 6.1x | XXX | XXX | XXX |
| EV/EBITDA | -39.5x | XXX | XXX | XXX |
| P/E | -29.1x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -41.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpSwiggy's NTM/LTM revenue growth is 34%
Swiggy's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Swiggy's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Swiggy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Swiggy and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 36% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -16% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -52% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 19% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 17% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 1% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 79% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Prosus | XXX | XXX | XXX | XXX | XXX | XXX |
| Just Eat Takeaway.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Marti Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Airtasker | XXX | XXX | XXX | XXX | XXX | XXX |
| Articore Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Swiggy acquired XXX companies to date.
Last acquisition by Swiggy was XXXXXXXX, XXXXX XXXXX XXXXXX . Swiggy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Swiggy founded? | Swiggy was founded in 2013. |
| Where is Swiggy headquartered? | Swiggy is headquartered in India. |
| How many employees does Swiggy have? | As of today, Swiggy has 5.4K+ employees. |
| Who is the CEO of Swiggy? | Swiggy's CEO is Mr. Sriharsha Majety. |
| Is Swiggy publicy listed? | Yes, Swiggy is a public company listed on NSE. |
| What is the stock symbol of Swiggy? | Swiggy trades under SWIGGY ticker. |
| When did Swiggy go public? | Swiggy went public in 2024. |
| Who are competitors of Swiggy? | Similar companies to Swiggy include e.g. Prosus, Just Eat Takeaway.com, Marti Technologies, Airtasker. |
| What is the current market cap of Swiggy? | Swiggy's current market cap is $8.8B |
| What is the current revenue of Swiggy? | Swiggy's last 12-month revenue is $1.8B. |
| What is the current EBITDA of Swiggy? | Swiggy's last 12-month EBITDA is -$263M. |
| What is the current EV/Revenue multiple of Swiggy? | Current revenue multiple of Swiggy is 5.6x. |
| What is the current EV/EBITDA multiple of Swiggy? | Current EBITDA multiple of Swiggy is -38.0x. |
| What is the current revenue growth of Swiggy? | Swiggy revenue growth between 2023 and 2024 was 36%. |
| Is Swiggy profitable? | Yes, Swiggy is EBITDA-positive (as of the last 12 months). |
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