Swiggy (NSE:SWIGGY) EV-to-EBIT: -18.89 (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SWIGGY Swiggy Ltd NSE:SWIGGY
9 GF Score
Price ₹288.00
View Full Analysis

What is Swiggy EV-to-EBIT?

Swiggy NSE:SWIGGY +1.10% 9 EV-to-EBIT is -18.89 as of Aug. 03, 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 9/100. Among 879 Retail - Cyclical companies, Swiggy ranks worse than 113765.53% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Swiggy's Enterprise Value is ₹667,790 Mil. Swiggy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-35,360 Mil. Therefore, Swiggy's EV-to-EBIT for today is -18.89.

The historical rank and industry rank for Swiggy's EV-to-EBIT or its related term are showing as below:

NSE:SWIGGY' s EV-to-EBIT Range Over the Past 10 Years
Min: -62.93   Med: -23.87   Max: -12.39
Current: -18.88

During the past 5 years, the highest EV-to-EBIT of Swiggy was -12.39. The lowest was -62.93. And the median was -23.87.

NSE:SWIGGY's EV-to-EBIT is ranked worse than
100% of 879 companies
in the Retail - Cyclical industry
Industry Median: 13.63 vs NSE:SWIGGY: -18.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Swiggy's Enterprise Value for the quarter that ended in Jun. 2026 was ₹623,759 Mil. Swiggy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-35,360 Mil. Swiggy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -5.67%.


Swiggy  (NSE:SWIGGY) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Swiggy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=-35360/623759.26425
=-5.67 %

Swiggy's Enterprise Value for the quarter that ended in Jun. 2026 was ₹623,759 Mil.
Swiggy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-35,360 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.


Swiggy EV-to-EBIT Related Terms


Swiggy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Swiggy's EV-to-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 EV-to-EBIT Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 0.00 0.00 -23.77 -14.95

Swiggy Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 Premium Member Only -25.73 -23.26 -23.55 -14.95 -17.64

NSE:SWIGGY vs AMZN, BABA, PDD: EV-to-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.


NSE:SWIGGY
9GF Score
Swiggy Ltd NSE:SWIGGY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swiggy EV-to-EBIT Calculation

Swiggy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=667790.490/-35360
=-18.89

Swiggy's current Enterprise Value is ₹667,790 Mil.
Swiggy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-35,360 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 EV-to-EBIT →
What does a EV-to-EBIT of -18.89 mean?
Swiggy (NSE:SWIGGY) has a EV-to-EBIT of -18.89 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Swiggy and its competitors. According to the industry distribution chart, Swiggy ranks #999999 out of 879 companies in the Retail - Cyclical industry.
Is Swiggy's EV-to-EBIT too high?
Swiggy's current EV-to-EBIT is -18.89. Based on the distribution chart, Swiggy ranks #999999 out of 879 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Swiggy has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's EV-to-EBIT compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Swiggy ranks #999999 out of 879 companies for EV-to-EBIT. This places Swiggy in the lower half of its industry. The industry median EV-to-EBIT is 13.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.63, based on 879 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Swiggy and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiggy's current EV-to-EBIT is -18.89. 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 (NSE:SWIGGY) has a current EV-to-EBIT of -18.89. The current EV-to-EBIT is -18.89. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Swiggy (NSE:SWIGGY), the current EV-to-EBIT is -18.89 as of Aug. 03, 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 544285: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 NSE:SWIGGY

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

₹288.00
Price