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Swiggy (NSE:SWIGGY) Degree of Operating Leverage : 0.91 (As of Mar. 2025)


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What is Swiggy Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Swiggy's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 0.91. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Swiggy's Degree of Operating Leverage or its related term are showing as below:

NSE:SWIGGY's Degree of Operating Leverage is ranked better than
55.48% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 1.295 vs NSE:SWIGGY: 0.91

Swiggy Degree of Operating Leverage Historical Data

The historical data trend for Swiggy's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Swiggy Degree of Operating Leverage Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Degree of Operating Leverage
- 0.33 -1.17 0.91

Swiggy Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.17 - 0.62 0.65 0.91

Competitive Comparison of Swiggy's Degree of Operating Leverage

For the Internet Retail subindustry, Swiggy's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Swiggy's Degree of Operating Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swiggy's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Swiggy's Degree of Operating Leverage falls into.


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Swiggy Degree of Operating Leverage Calculation

Swiggy's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -30162.13 (Mar. 2025) / -22788.4 (Mar. 2024) - 1 )/( 152267.55 (Mar. 2025) / 112473.9 (Mar. 2024) - 1 )
=0.3236/0.3538
=0.91***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Swiggy  (NSE:SWIGGY) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Swiggy Degree of Operating Leverage Related Terms

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Swiggy Business Description

Traded in Other Exchanges
Address
Outer Ring Road, No. 55, Sy No. 8-14, Ground Floor, I&J Block, Embassy Tech Village, Devarbisanahalli, Bengaluru, KA, IND, 560103
Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Swiggy Headlines

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