ALFA Finder| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 34% YoY |
|---|---|
| Margins | Quick Commerce hit break-even; Food delivery EBITDA margin at 3.1%. |
| Demand visibility | Strong organic growth driven by differentiated assortment strategy. |
| Management confidence | High regarding profitability transition and competitive positioning. |
Growth
Revenue grew 34% YoY to INR 7,112 Cr; Food delivery GOV grew 17.4% YoY; Out-of-home GOV rose 45% YoY.
Outlook
Targets INR 10,000 Cr annualized Dineout GOV in 2 years; plans to add ~75 stores in Q2 FY27.
Risks
Seasonal monsoon impacts, annual salary increments, and LPG supply disruptions affecting restaurant operations were noted as headwinds.
Last quarter's promises, checked
Delivered
- Guided Quick Commerce contribution breakeven in Q1 FY27 → delivered Breakeven (= BEAT)
- Guided 18-20% medium-term Food Delivery growth → delivered 17.4% YoY (= PARTIAL)
- Guided store additions for densification → delivered ~75 stores planned for Q2 (= BEAT)
Partly delivered
- Guided EBITDA breakeven in 4 quarters from Q4 FY26 → delivered -0.2% margin (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: SWIGGY. Summary written with AI assistance from the document.
Swiggy Ltd: key numbers
- Share price
- ₹192.06
- Market cap
- ₹53,015 Cr
- Revenue (annual)
- ₹23,053 Cr
- Net profit (annual)
- ₹-4,154 Cr
- P/E (TTM)
- -14.8×Sector 66.2×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 8.86%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Swiggy Ltd
All →Swiggy Capital Structure Change
Nippon India Mutual Fund bought about 0.18% of Swiggy, lifting its stake from 4.99% to 5.17%. The disclosure is a non-promoter Reg 29(1) filing covering open-market purchases through October 26, 2026.
- Execution
- Purchase transactions from November 13, 2024 to October 26, 2026
Swiggy Annual General Meeting
Swiggy's postal ballot seeks shareholder approval to re-appoint two independent directors, Anand Kripalu and Suparna Mitra. E-voting runs until 27 Nov 2026.
Swiggy Other Announcement
Swiggy Limited submitted the Monitoring Agency Report for the quarter ended September 30, 2026, regarding the utilization of IPO and QIP proceeds.
Swiggy Earnings Call Transcript: Key Takeaways
Swiggy is pivoting back to growth, leveraging 'Toing' for affordable food delivery to expand the market while Instamart focuses on high-frequency habit building.
- Call
- Guides 20% growth
Swiggy Results Update
Swiggy's Q2 FY27 letter reports B2C GOV of ₹20,793 Cr and Adjusted Revenue of ₹7,909 Cr. Food delivery EBITDA reached a record ₹341 Cr at 3.4% margin.
Swiggy Management Change
Swiggy's board approved re-appointment of Anand Kripalu and Suparna Mitra as Non-Executive Independent Directors for five-year terms. Both appointments are subject to shareholder approval.