• Swiggy Growth

Swiggy Revenue Growth

Growth in %

  • 128.70%

    1 Year

  • 90.84%

    4 Year

  • 372.73%

    7 Year

After one & half years of lockdown economy opened up in FY22 and people got confident in ordering food from outside thereby registering a growth of 128.7% in its revenues. Swiggy proved it to be a true technology-based business by earning 60.3% of its revenues from the platform services provided to restaurants and 33.2% of its revenues coming from Instamart which is into the online delivery of home groceries   

Swiggy Net Profit Growth(PAT)

Growth in %

  • -150.40%

    1 Year

  • -11.55%

    3 Year

  • -186.31%

    7 Year

The net loss in FY22 widened by -124.4% over FY21 due to growth of 145.6% in total expenses over FY21. The major increase was in employee benefit costs which increased to Rs 1,708.5 Cr in FY22 from Rs 1,085.3 Cr in FY21. Another major rise was in advertising promotional expenses from Rs 461.0 Cr in FY21 to Rs 1,848.7 Cr in FY22.       

Swiggy EPS Growth

Growth in %

  • -123.23%

    1 Year

  • 90.25%

    3 Year

  • 24.50%

    7 Year

EPS dropped in FY22 by 123.2% over FY21 majorly due to the broadening of net loss and an increase in the number of shares on account of capital raised by the company to run its business. The company issued 4,52,377 shares in a private placement, among which 10 were equity shares and 4,52,367 compulsory convertible preferential shares (CCPS) which increased the number of issued shares    

  • Swiggy Book Value Growth

Growth in %

  • -98.21%

    1 Year

  • -53.07%

    4 Year

  • -27.18%

    6 Year

Although the company was able to raise funds to run its business in FY22 which increased its book value significantly and number of shares as well which reduced the book value per share of the company    

Swiggy EBITDA Growth

Growth in %

  • -176.67%

    1 Year

  • -10.80%

    3 Year

  • -185.31%

    7 Year

The EBITDA showed a decline of 176.5% in FY22 due to an increase in selling & administrative expenses which consist of advertising and promotional expenses from Rs 461.0 Cr in FY21 to Rs 1,848.7 Cr in FY22.  

Swiggy Operating Profit Growth

Growth in %

  • -144.95%

    1 Year

  • -12.39%

    3 Year

  • -187.04%

    7 Year

The Operating profit of the company declined by 144.8% in FY22 due to a significant rise in total expenses of the company by 145.6% in FY22

Swiggy Asset Growth

Growth in %

  • 394.18%

    1 Year

  • 92.14%

    4 Year

  • 215.38%

    7 Year

The total assets of the company increased by 394.2% in FY22 from Rs 2,915.0 Cr in FY21 to Rs 14,405.7 Cr in FY22 due to a significant increase in cash & cash equivalents of the company from Rs 523.0 Cr in FY21 to 1,096.1 Cr in FY22 and an increase in current investments from Rs 908 Cr in FY21 to 9,068 Cr in FY22. 

Swiggy Cash Flow from Operations

Growth in %

  • -231.86%

    1 Year

  • -18.46%

    3 Year

  • -200.10%

    7 Year

Cash flow from Operating Activities has decreased -231.8% y-o-y due to the rise in net loss and increase in trade receivables

  • Swiggy Solvency Ratios

Swiggy D/E Ratio

The D/E of the company is always less than 1 as the company has less debt and funds the business activities of the company through equity only.  

Swiggy Current Ratio

The company has significantly higher current assets due to high cash in the book and the current liabilities of the company are low due to negligible debt in the book therefore the healthy current ratio. It has increased significantly due to the rise in current investment and cash of the company  

Swiggy Quick Ratio

The company has an asset-light business and therefore it has a negligible inventory of Rs 17.7 Cr in FY22. Due to low inventory, the current ratio and quick ratio are almost the same. 

Swiggy Interest Coverage Ratio

The interest coverage ratio of the company is negative due to the negative operating profit of the company. The interest coverage ratio declined in FY22 due to a decline in the operating profit of the company

  • Swiggy Operating Efficiency

The margins of the company are not improving as the business model of the company is such that it is required to spend a lot on talent hiring and advertisement and marketing. These expenses have become a must to do for the company in order to do the sales and keep its brand awareness

Swiggy Operating Profit EBIT Margin(OPM)

  

Swiggy Profit Before Tax Margin (PBT Margin)

Swiggy Profit After Tax Margin (PAT Margin)

  • Swiggy Profitablity Ratio

The return ratios of the company are not impressive and are just reflective of the changes in the capital structure of the company rather than the betterment of the return ratios of the company on the operational side. The company is making losses since its inception and is raising funds by issuing equity to operate its business.    

Swiggy Return on Equity(RoE)

Swiggy Return on Capital Employed(RoCE)

Swiggy Return to Assets (RoA)

  • Swiggy Valuation Ratios

Swiggy Earning Yield