Projected Income Statement: Swiggy Limited

Forecast Balance Sheet: Swiggy Limited

Fiscal Period: March 2024 2025 2026 2027 2028
Net Debt 1 - -29,197 -47,610 -52,725 -41,484
Change - - -63.06% 51.65% 21.32%
Announcement Date 27/09/24 09/05/25 08/05/26 - -
1INR in Million
Estimates

Cash Flow Forecast: Swiggy Limited

Fiscal Period: March 2025 2026 2027 2028
CAPEX 1 7,508 9,190 9,016 10,879
Change - 22.4% -2.75% 20.66%
Free Cash Flow (FCF) 1 -29,203 -38,170 -20,014 -11,934
Change - -30.71% 34.2% 40.37%
Announcement Date 09/05/25 08/05/26 - -
1INR in Million
Estimates

Forecast Financial Ratios: Swiggy Limited

Fiscal Period: March 2024 2025 2026 2027 2028

Profitability

     
EBITDA Margin (%) - -18.3% -14.02% -5.39% 0.45%
EBIT Margin (%) - -22.32% -19.29% -9.39% -2.94%
EBT Margin (%) - -20.47% -18.02% -8.05% -2%
Net margin (%) - -20.47% -18.02% -7.71% -1.77%
FCF margin (%) - -19.18% -16.56% -6.62% -3.13%
FCF / Net Income (%) - 93.69% 91.89% 85.91% 176.43%

Profitability

     
ROA - -24.22% -20.54% -11.35% -6.01%
ROE - -34.61% -29.12% -13.19% -4.92%

Financial Health

     
Leverage (Debt/EBITDA) - - - - -
Debt / Free cash flow - - - - -

Capital Intensity

     
CAPEX / Current Assets (%) - 4.93% 3.99% 2.98% 2.85%
CAPEX / EBITDA (%) - -26.95% -28.44% -55.38% 627.12%
CAPEX / FCF (%) - -25.71% -24.08% -45.05% -91.16%

Items per share

     
Cash flow per share 1 - -9.55 -11.77 -0.2514 -4.305
Change - - -23.24% 98.13% -1,612.05%
Dividend per Share 1 - - - - -
Change - - - - -
Book Value Per Share 1 - 44.7 70.17 61.14 59.04
Change - - 56.99% -3.63% -3.44%
EPS 1 -10.7 -13.72 -16.87 -8.653 -2.792
Change - -28.22% -22.96% 44.99% 67.73%
Nbr of stocks (in thousands) - 2,286,481 2,593,883 2,593,883 2,593,883
Announcement Date 27/09/24 09/05/25 08/05/26 - -
1INR
Estimates
2026 2027 *
P/E Ratio -15.4x -29.7x
PBR 3.71x 4.21x
EV / Sales 2.72x 2.03x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
27
Last Close Price
257.20INR
Average target price
374.00INR
Spread / Average Target
+45.41%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  3. SWIGGY Stock
  4. Financials Swiggy Limited
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