Swiggy (BOM:544285) EBIT: ₹-39,540 Mil (TTM As of Mar. 2026)

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BOM:544285 Swiggy Ltd BOM:544285
9 GF Score
Price ₹270.40
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What is Swiggy EBIT?

Swiggy BOM:544285 -2.33% 9 EBIT is ₹-39,540 Mil as of Mar. 2026. GuruFocus rates BOM:544285 with a GF Score™ of 9/100.

Swiggy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-7,440 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-39,540 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Swiggy's annualized ROC % for the quarter that ended in Mar. 2026 was -35.07%. Swiggy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -74.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Swiggy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.45%.

Swiggy  (BOM:544285) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Swiggy's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-40360 * ( 1 - 0% )/( (0 + 115090)/ 1 )
=-40360/115090
=-35.07 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=252370 - 22780 - ( 117060 - max(0, 48770 - 163270+117060))
=115090

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Swiggy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-29760/( ( (0 + max(0, 0)) + (36480 + max(3540, 0)) )/ 1 )
=-29760/( ( 0 + 40020 )/ 1 )
=-29760/40020
=-74.36 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40480 + 760 + 4970) - (22780 + 0 + 19890)
=3540

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Swiggy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-39540/613465.973
=-6.45 %

* 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.

Swiggy EBIT Related Terms

Swiggy EBIT Historical Data

* Premium members only.

The historical data trend for Swiggy's EBIT 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.

Swiggy EBIT Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
-35,810.68 -41,212.96 -22,788.40 -30,160.00 -39,540.00

Swiggy Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10,490.00 -11,560.00 -10,440.00 -10,100.00 -7,440.00

BOM:544285 vs AMZN, BABA, PDD: EBIT Comparison

For the Internet Retail subindustry, Swiggy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swiggy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Swiggy's EV-to-EBIT falls into.


BOM:544285
9GF Score
Swiggy Ltd BOM:544285
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Swiggy EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-39,540 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-39,540 Mil mean?
Swiggy (BOM:544285) has a EBIT of ₹-39,540 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Swiggy.
Is Swiggy's EBIT too high?
Swiggy's current EBIT is ₹-39,540 Mil. Overall, Swiggy has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's EBIT compare to AMZN and BABA?
Swiggy's EBIT of ₹-39,540 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Swiggy. Swiggy's current EBIT is ₹-39,540 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiggy stock overvalued right now?
Swiggy (BOM:544285) has a current EBIT of ₹-39,540 Mil. The current EBIT is ₹-39,540 Mil. Swiggy's overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Swiggy (BOM:544285), the current EBIT is ₹-39,540 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Swiggy Business Description

Other Exchanges SWIGGY:India
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.
9GF Score

Get the complete analysis for BOM:544285

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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