Company Valuation: Swiggy Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2025 2026 2027 2028 2029
Market Cap 1 754,996 674,539 620,241 - -
Change - -10.66% -8.05% - -
Enterprise Value (EV) 1 725,799 626,929 585,515 607,565 616,326
Change - -13.62% -6.61% 3.77% 1.44%
P/E -24.1x -15.4x -21.5x -43.4x 244x
PBR 7.39x 3.71x 4.04x 4.38x 4.39x
PEG -0.9x -0.7x 0.6x 0.9x -2x
Capitalization / Revenue 4.96x 2.93x 2.04x 1.61x 1.38x
EV / Revenue 4.77x 2.72x 1.93x 1.58x 1.37x
EV / EBITDA -26.1x -19.4x -26.7x -134x 41.2x
EV / EBIT -21.4x -14.1x -16.9x -32.1x 681x
EV / FCF -24.9x -16.4x -29.1x -46x 299x
FCF Yield -4.02% -6.09% -3.43% -2.18% 0.33%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -13.72 -16.87 -11.05 -5.479 0.9738
Distribution rate - - - - -
Net sales 1 152,268 230,530 303,451 384,247 450,693
EBITDA 1 -27,858 -32,310 -21,898 -4,519 14,973
EBIT 1 -33,981 -44,480 -34,705 -18,905 905.1
Net income 1 -31,168 -41,540 -29,279 -14,092 3,258
Net Debt 1 -29,197 -47,610 -34,726 -12,676 -3,915
Reference price 2 330.20 260.05 238.00 238.00 238.00
Nbr of stocks (in thousands) 2,286,481 2,593,883 2,606,055 - -
Announcement Date 5/9/25 5/8/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-22.63x2.03x-28.18x-.--% 6.8B
16.67x8.14x17.39x0.25% 4,190B
23.23x7.35x12.93x0.29% 1,847B
14.88x3.97x9.19x1.37% 494B
28.21x13.23x20.91x0.64% 483B
19.42x5.75x17.28x-.--% 290B
21.02x1.52x10.44x1.01% 267B
92.29x12.12x65.11x-.--% 191B
21.46x2.46x12.51x-.--% 140B
7.99x0.88x3.8x-.--% 111B
Average 22.25x 5.75x 14.14x 0.36% 801.99B
Weighted average by Cap. 20.74x 7.59x 16.66x 0.36%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SWIGGY Stock
  4. Valuation Swiggy Limited