Swiggy joins five investor meets from May 18

1 min read     Updated on 14 May 2026, 06:47 AM
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Swiggy Limited announced its participation in five analyst and institutional investor conferences scheduled from May 18 to June 8, 2026. The meetings, held in Hong Kong and Mumbai, include sessions with Goldman Sachs, Bank of America, and Morgan Stanley. The disclosure was filed on May 13, 2026, by Company Secretary Cauveri Sriram.

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Swiggy Limited has informed the stock exchanges that it will participate in five analyst and institutional investor conferences scheduled between May 18 and June 8, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scheduled Investor Meetings

The company will engage in one-on-one and/or group meetings across multiple forums spanning Hong Kong and Mumbai. The schedule of confirmed conferences is detailed below:

Conference Date Mode / Location
Goldman Sachs Asia Communacopia + Technology Conference 18-19 May 2026 Physically, in Hong Kong
Bank of America's Flagship India Conference 01 June 2026 Physically, in Mumbai
Morgan Stanley India Investment Forum 2026 02 June 2026 Physically, in Mumbai
Citi India Conference 2026 04 June 2026 Physically, in Mumbai
ICICI Securities India Investor Conference 2026 08 June 2026 Physically, in Mumbai

Regulatory Disclosure Details

The intimation was filed on May 13, 2026, and signed by Cauveri Sriram, Company Secretary and Compliance Officer of Swiggy Limited. The disclosure is also being hosted on the company's corporate website at https://www.swiggy.com/corporate/ . It is noted that dates and locations are subject to change, and meetings or calls may be postponed or cancelled by the investor or the company due to exigencies.

Historical Stock Returns for Swiggy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-8.62%-3.33%-35.03%-16.89%-43.99%

What key financial metrics or strategic updates is Swiggy likely to highlight to attract institutional investors amid increasing competition from Zomato and quick commerce players?

Could Swiggy's roadshow across Hong Kong and Mumbai signal plans for a potential secondary offering, block deal, or foreign institutional investment drive in the near term?

How might Swiggy's investor engagement strategy influence its stock performance and analyst sentiment following these conferences in June 2026?

Swiggy FY26 Results: Revenue ₹23,053 Cr, Food Delivery GOV Hits 15-Quarter High

9 min read     Updated on 10 May 2026, 01:43 AM
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Swiggy Limited reported FY26 consolidated revenue of ₹23,053 crore, up 45% YoY, with a net loss of ₹4,154 crore. Food Delivery GOV reached a 15-quarter high of INR 9,005 crore in Q4 FY26, while Instamart posted 68.8% YoY GOV growth to INR 7,881 crore. The audited results were published in Financial Express and Vijaya Karnataka on May 09, 2026, per SEBI Regulations 30 and 47, with the Board having approved the results on May 08, 2026.

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Swiggy Limited reported its audited financial results for the quarter and year ended March 31, 2026, with the Board of Directors approving the consolidated and standalone statements on May 08, 2026. The statutory auditors, Walker Chandiok & Co LLP, issued an unmodified opinion on the financial results. The company demonstrated strong top-line expansion across business segments, with Food Delivery achieving its strongest growth pace in nearly four years, although elevated investments in quick commerce and platform expansion resulted in a consolidated net loss for the year. Following the results announcement, the company made the audio recording of the Conference Call for Analysts and Investors held on May 08, 2026, available on its website. The audited financial results were also published in newspapers including Financial Express and Vijaya Karnataka on May 09, 2026, pursuant to SEBI Regulations 30 and 47.

"Food delivery has grown at its strongest pace in nearly four years, crossing INR 1,000 Cr in annual adjusted EBITDA and defying scepticism around a sector slowdown, with meaningfully better margins than a year ago. Out of home continues to be a profitable and growing part of the business. In quick commerce, the next phase will be defined by anticipating consumer needs, not merely fulfilling them. Unit economics continue to improve quarter on quarter, and we remain on track for contribution margin breakeven in line with our guidance. The strong balance sheet gives us room to be disciplined and deliberate as we enter FY27," said Sriharsha Majety, MD & Group CEO, Swiggy.

Consolidated Financial Performance

On a consolidated basis, Swiggy posted significant revenue growth for both the quarter and the full year. Revenue from operations for FY26 reached ₹23,053 crore, compared to ₹15,227 crore in FY25, representing a 45% surge. For the quarter ended March 31, 2026, consolidated revenue stood at ₹6,383 crore, up from ₹4,410 crore in the corresponding quarter of the previous year. The consolidated net loss for Q4 narrowed to ₹800 crore from ₹1,081 crore in Q4 FY25, reflecting improving operating leverage. Total expenses for FY26 rose to ₹27,701 crore from ₹18,725 crore in FY25, driven primarily by purchases of stock-in-trade (₹10,044 crore), delivery and related charges (₹5,849 crore), and advertising expenses (₹4,207 crore). The company recognized an exceptional item of ₹10 crore during the quarter ended December 31, 2025, pertaining to the statutory impact of the new Labour Codes.

Metric: Q4 FY26 (Mar 31, 2026) Q3 FY26 (Dec 31, 2025) Q4 FY25 (Mar 31, 2025) FY26 FY25
Revenue from Operations (₹ Crore): 6,383 6,148 4,410 23,053 15,227
Total Income (₹ Crore): 6,649 6,244 4,531 23,561 15,623
Total Expenses (₹ Crore): 7,448 7,298 5,610 27,701 18,725
Net Loss (₹ Crore): (800) (1,065) (1,081) (4,154) (3,117)

Swiggy Platform — Key Operating Metrics

Consolidated Adjusted Revenue grew 41.3% YoY to INR 6,665 crore in Q4 FY26, up 3.6% QoQ. Platform Average Monthly Transacting Users (MTUs) grew 27.2% YoY to 25.2 million, while B2C Gross Order Value reached INR 18,131 crore in Q4 FY26. B2C Adjusted EBITDA Margin improved by 181 bps YoY to -3.0% of B2C GOV, gaining 43 bps QoQ. Consolidated Adjusted EBITDA improved by INR 60 crore QoQ to a loss of INR 652 crore. As at March 31, 2026, Swiggy's consolidated cash and cash equivalents stood at INR 15,053 crore.

Platform Metric: Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26
B2C Gross Order Value (INR Crore): 12,888 14,797 16,683 18,122 18,131
B2C Adjusted EBITDA Margin (% of B2C GOV): -4.8% -4.7% -3.6% -3.5% -3.0%
Consolidated Adjusted EBITDA (INR Crore): (732) (813) (695) (712) (652)
Platform MTUs (million): 19.8 21.6 22.9 24.3 25.2
B2C Total Orders (million): 246 264 282 294 301
Platform Frequency (#): 4.22 4.13 4.10 4.04 4.01

Food Delivery Operational Highlights

Swiggy's Food Delivery business Gross Order Value (GOV) growth accelerated to 22.6% YoY to INR 9,005 crore in Q4 FY26, a 15-quarter high, ahead of the company's guided range of 18–20%. This acceleration was driven by a sharper increase in order volumes (+19.0% YoY) and user volumes (+21.4% YoY) rather than average order values. Food Delivery MTUs grew 21% YoY to reach 18.3 million. Adjusted EBITDA improved 9.1% QoQ and 39.8% YoY to INR 297 crore, with Adjusted EBITDA Margin reaching a lifetime high of 3.3% of GOV, up 41 bps YoY and 26 bps QoQ. The Food Delivery segment delivered INR 1,000 crore in annual Adjusted EBITDA for FY26. Speed and affordability propositions — including Bolt, One BLCK, 99-Store, and Eat Right — collectively account for approximately one fourth of total platform volumes. The company proactively shut down Snacc during the quarter, citing insufficient scale for the micro-kitchen model's sustainable economics.

Food Delivery Metric: Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26
Adjusted EBITDA (INR Crore): 212 192 240 272 297
MTUs (million): 15.1 16.3 17.2 18.1 18.3
Avg. Monthly Transacting Restaurant Partners ('000): 251.7 255.4 263.7 270.2 275.4

Quick Commerce (Instamart) Operational Highlights

Instamart posted 68.8% YoY GOV growth to INR 7,881 crore in Q4 FY26, with Net Order Value (NOV) growth at 60.3% to INR 5,675 crore (sequential growth at 4%). Network expansion remained selective, with seven darkstores added to take the total to 1,143 stores across 129 cities, covering more than 4.8 million sq ft. Average order value grew 32.8% YoY to INR 700, driven by a sustained non-grocery mix and larger basket sizes. Contribution margin improved 65 bps QoQ to -1.8%, with the monthly contribution margin reaching -1.1% in March 2026. Adjusted EBITDA margin improved to -10.9% from -11.4% in Q3, with Quick Commerce posting an overall Adjusted EBITDA loss of INR 858 crore for the quarter. The company noted that current darkstore utilization stands at approximately 40%, indicating capacity to double the business without significant additional store additions. Management expressed confidence in achieving contribution margin breakeven guidance in Q1 FY27, and outlined a medium-term vision to grow to over 1 lakh crore Net Order Value with 4–5% EBITDA.

Quick Commerce Metric: Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26
Total Orders (million): 88.6 92.4 100.8 106.4 112.6
Average Order Value (INR per order): 527 612 697 746 700
NOV (% of GOV): 76% 74% 70% 69% 72%
Adjusted EBITDA (INR Crore): (840) (896) (849) (908) (858)
MTUs (million): 9.8 11.1 12.0 12.8 13.3
Active Dark Stores (Exit): 1,021 1,062 1,102 1,136 1,143
Active Dark Store Area (Mn Sq ft): 3.97 4.30 4.59 4.79 4.81
Orders/Dark Store/Day (#): 1,190 985 1,025 1,034 1,093

Out-of-Home Consumption and Supply Chain

The Out-of-Home (OOH) Consumption business continued its steady profitability trajectory. GOV grew 43% YoY to INR 1,245 crore in Q4 FY26, with Adjusted EBITDA margins expanding to 0.8% during the quarter. The Dineout platform crossed 52,000 average monthly active restaurant partners (9% QoQ growth), growing at 36% YoY. The segment delivered its first full year of profitability in FY26, achieving a 0.6% EBITDA margin compared to -12% in FY23. The Supply Chain and Distribution segment recorded revenue of INR 3,135 crore in Q4 FY26, up 56.4% YoY, with Adjusted EBITDA margin improving to -1.3% from -3.5% in Q4 FY25.

Out-of-Home Consumption Metric: Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26
Adjusted EBITDA (INR Crore): 2 5 6 8 10
Avg. Monthly Active Restaurants ('000): 39 41 44 48 53
Supply Chain & Distribution Metric: Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26
Revenue (INR Crore): 2,004 2,259 2,560 2,981 3,135
YoY Growth: 58.4% 78.1% 76.3% 76.1% 56.4%
Adjusted EBITDA (INR Crore): (71) (62) (46) (42) (42)
Adjusted EBITDA Margin (% of Revenue): -3.5% -2.7% -1.8% -1.4% -1.3%

Segment-Wise Performance

Swiggy operates across five segments: Food Delivery, Out-of-Home Consumption, Quick Commerce, Supply Chain and Distribution, and Platform Innovations. Food Delivery remained the only segment to report a positive segment result, contributing ₹1,041 crore in FY26. Quick Commerce recorded a segment loss of ₹3,063 crore in FY26 against ₹1,896 crore in FY25, reflecting ongoing investments in the Instamart business. The Platform Innovations segment, which serves as a sandbox for new business models, recorded an Adjusted EBITDA loss of INR 58 crore in Q4 FY26 with an Adjusted EBITDA margin of -462.8% of Adjusted Revenue.

Segment: FY26 Revenue (₹ Crore) FY25 Revenue (₹ Crore) FY26 Segment Result (₹ Crore) FY25 Segment Result (₹ Crore)
Food Delivery: 7,832 6,353 1,041 603
Out-of-Home Consumption: 375 238 29 (28)
Quick Commerce: 3,859 2,130 (3,063) (1,896)
Supply Chain and Distribution: 10,935 6,418 (77) (218)
Platform Innovations: 52 88 (195) (73)

Standalone Financial Results and Corporate Actions

On a standalone basis, Swiggy reported revenue from operations of ₹8,258 crore for FY26. The standalone continuing operations turned profitable, recording a profit of ₹416 crore against a loss of ₹201 crore in FY25. The Instamart business was classified as discontinued operations effective April 01, 2026, following its transfer to a wholly-owned step-down subsidiary, Swiggy Instamart Private Limited. Loss from discontinued operations for FY26 stood at ₹3,835 crore before tax on a standalone basis.

Key corporate developments during the year included a Qualified Institutions Placement (QIP) aggregating ₹10,000 crore, with 26,66,66,663 equity shares allotted at ₹375 per share, and the sale of its entire investment in Rapido for ₹2,399 crore, recognizing a gain of ₹1,350 crore in Other Comprehensive Income. Inter-corporate deposits of ₹1,130 crore given to Supr Infotech Solutions Limited were converted into Compulsorily Convertible Debentures. Approximately 100,000 delivery partners have registered on the E-Shram portal, unlocking access to accident, health, life insurance, pension, and other government-sponsored schemes. The Board also appointed Mr. Rahul Bothra and Mr. Phani Kishan Addepalli as Additional Directors effective June 01, 2026, while Mr. Lakshmi Nandan Reddy Obul resigned as Whole Time Director – Head of Innovation effective April 10, 2026.

Historical Stock Returns for Swiggy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-8.62%-3.33%-35.03%-16.89%-43.99%

With Instamart now operating as a separate subsidiary and management targeting contribution margin breakeven in Q1 FY27, could Swiggy pursue an independent IPO or strategic partnership for the quick commerce business to unlock its valuation?

Given that Swiggy's darkstore utilization stands at only ~40%, how might intensifying competition from Blinkit and Zepto influence the company's decision to aggressively expand capacity versus prioritizing path to profitability?

As Food Delivery crosses ₹1,000 crore in annual Adjusted EBITDA and hits a 15-quarter high in GOV growth, could Swiggy consider returning capital to shareholders or accelerating M&A activity given its ₹15,053 crore cash balance?

More News on Swiggy

1 Year Returns:-16.89%