Swiggy Ltd.
NSE: SWIGGYSwiggy Ltd.: A 30-second snapshot
Swiggy (SWIGGY) trades at ₹256.70, down 45.84% from its 52-week high and below both the 50-DMA (₹279.44) and 200-DMA (₹363.84). The business reported Q4 FY26 revenue of ₹6,383 crore (+45% YoY) but carried a net loss of ₹800 crore; ROE stands at -29.12%, profit margin at -18.02%, and the company has generated no FCF-positive years in its available history. D/E of 13.93 is among the highest in the Consumer Goods peer group.
P/E
—
Forward P/E
-121.4
ROE
-29.1%
Debt / Equity
13.93
Profit Margin
-18.0%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
0/5
Quality
38/100
News
8 headlines · 2 positive · 3 negative
Earnings Release: Here's Why Analysts Cut Their Swiggy Limited (NSE:SWIGGY) Price Target To ₹391 - simplywall.st
simplywall.st
Swiggy Q4 FY26 Results: Overall Revenue Jumps 45% to ₹6,383 Crores, Net Loss Narrows to ₹800 Crores - Groww
Groww
Swiggy Q4 results: Net loss narrows to Rs 800 crore, revenue rises 45% - Moneycontrol.com
Moneycontrol.com
Swiggy Ltd Says Proposed Amendment Forms Part Of Broader Endeavour To Become Indian Owned, Controlled - TradingView
TradingView
Why Swiggy, Eternal shares are falling today - Business Today
Business Today
Recent context
- ·Q4 FY26 results (May 2026): revenue +45% YoY to ₹6,383 crore, net loss ₹800 crore — analysts responded by cutting price targets, with simplywall.st noting a revised target of ₹391 following the earnings release.
- ·Swiggy disclosed a proposed amendment described as part of a broader effort to become Indian-owned and controlled; the development was reported neutrally and may have structural ownership implications over time.
- ·The stock declined alongside Eternal Ltd. on May 11, 2026 as reported by Business Today, suggesting sector-level pressure on food-delivery platform stocks was a factor in recent price weakness.
Strengths
- +Revenue growth of 44.7% over 5 years reflects strong top-line expansion, with Q4 FY26 revenue reaching ₹6,383 crore — a 45% YoY increase per reported results.
- +Net loss narrowed to ₹800 crore in Q4 FY26, indicating some trajectory of loss reduction even as absolute losses remain large.
- +Mean analyst rating of 1.81 across 27 analysts on a 1–5 scale (lower = more constructive) reflects the most constructive end of sell-side coverage relative to peers with sparse or absent ratings.
- +Forward PE of -121.42 reflects market pricing of a path to eventual profitability, consistent with the high-growth, loss-making stage-of-development profile.
Weaknesses
- −ROE of -29.12% and profit margin of -18.02% place SWIGGY in the bottom tier of the Consumer Goods peer group; no year of ROE above 15% has been recorded in available history.
- −D/E of 13.93 is extreme for a non-bank consumer company; debt trend is classified as rising, compounding leverage risk at a time of negative FCF.
- −Consistency score of 15/100 with zero FCF-positive years signals that losses are structural across the observable period, not isolated to a single quarter.
- −Stock is 45.84% below its 52-week high with resistance levels clustered at ₹285.60, ₹299.00, and ₹300.75 — none of which have been retested from the current price of ₹256.70.
Open questions
- ?At what revenue scale or gross-margin level would Swiggys current cost structure produce positive operating cash flow, and how does the companys own guidance on that timeline compare with analyst assumptions?
- ?Does the D/E of 13.93 reflect operating lease liabilities typical of delivery-platform accounting, or does it include debt drawn to fund operations — and how is the debt-service obligation evolving relative to EBITDA trends?
- ?The proposed ownership structure amendment toward Indian-owned and controlled status: what are the regulatory drivers, and how might a change in promoter composition affect strategic continuity?
- ?Given that 5-year revenue CAGR is 44.7% while ROE remains deeply negative, what is the trajectory of unit economics (contribution margin per order, delivery cost per order) that would indicate the business model is approaching self-funding?
Peer comparison: Consumer Goods
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| SWIGGY | Swiggy Ltd.You're viewing | — | -29.1% | 36 |
| Industry avg | across 5 peers | 79.6 | +19.6% | 37 |
| TRENT | Trent Ltd. | 84.8 | +27.1% | 49 |
| ETERNAL | Eternal Ltd. | — | +1.2% | 41 |
| DMART | Avenue Supermarts Ltd. | 95.6 | +12.9% | 37 |
| TITAN | Titan Company Ltd. | 73.1 | +37.1% | 34 |
| ASIANPAINT | Asian Paints Ltd. | 64.9 | — | 23 |
Technical state
Current price
₹256.70
SMA 50
₹279.44
SMA 200
₹363.84
RSI (14)
37.2 (neutral)
From 52w high
-45.8%
1Y return
-19.9%
3M return
-27.8%
50-DMA
Below
200-DMA
Below
Algorithmic resistance levels
Risk flags
- highROE of -29.12% and profit margin of -18.02% reflect an unprofitable business; FCF-positive years = 0 across available history and D/E of 13.93 is extreme for a consumer-facing non-bank company.
- highConsistency score of 15/100 with zero years of ROE above 15% and zero FCF-positive years signals persistent structural losses rather than a transient dip.
- mediumStock is 45.84% below its 52-week high, trading below both the 50-DMA (₹279.44) and 200-DMA (₹363.84); price has declined 19.86% over 1 year and 27.84% over 3 months, with RSI at 37.23.
- mediumSWIGGY ranks 5th of 6 peers on ROE and 4th of 6 on quality score (36), placing it in the bottom tier of the Consumer Goods peer set on both profitability and composite quality.
- lowAnalyst price targets were cut following Q4 FY26 earnings; the stock is drawing attention for ongoing losses even as revenue scaled 45% YoY — a pattern of revenue growth without margin improvement.
Cross-section contradictions
- Q4 FY26 revenue grew 45% YoY to ₹6,383 crore and net loss narrowed to ₹800 crore, yet the stock is down 19.86% over 1 year and 27.84% over 3 months — revenue scale has not translated into price appreciation during this period.
- Mean analyst rating of 1.81 across 27 analysts (1–5 scale, lower = more constructive) reflects relatively constructive sell-side positioning, while the stock trades 45.84% below its 52-week high — a notable divergence between analyst stance and price action.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days