Swiggy (NSE:SWIGGY) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:SWIGGY Swiggy Ltd NSE:SWIGGY
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What is Swiggy Interest Coverage?

Swiggy NSE:SWIGGY -1.41% 9 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 9/100. Among 824 Retail - Cyclical companies, Swiggy ranks worse than 121359.1% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Swiggy's Operating Income for the three months ended in Mar. 2026 was ₹-10,090 Mil. Swiggy's Interest Expense for the three months ended in Mar. 2026 was ₹-560 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Swiggy's Interest Coverage or its related term are showing as below:


NSE:SWIGGY's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.94
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Swiggy  (NSE:SWIGGY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Swiggy Interest Coverage Related Terms


Swiggy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Swiggy's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Swiggy Interest Coverage Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
0.00 0.00 0.00 0.00 0.00

Swiggy Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:SWIGGY vs AMZN, BABA, PDD: Interest Coverage Comparison

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

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

* The bar in red indicates where Swiggy's Interest Coverage falls into.


NSE:SWIGGY
9GF Score
Swiggy Ltd NSE:SWIGGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Swiggy Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Swiggy's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Swiggy's Interest Expense was ₹-2,000 Mil. Its Operating Income was ₹-44,480 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹19,410 Mil.

Swiggy did not have earnings to cover the interest expense.

Swiggy's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Swiggy's Interest Expense was ₹-560 Mil. Its Operating Income was ₹-10,090 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹19,410 Mil.

Swiggy did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Swiggy (NSE:SWIGGY) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Swiggy and its competitors. According to the industry distribution chart, Swiggy ranks #999999 out of 824 companies in the Retail - Cyclical industry.
Is Swiggy's Interest Coverage too high?
Swiggy's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Swiggy ranks #999999 out of 824 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 Interest Coverage compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Swiggy ranks #999999 out of 824 companies for Interest Coverage. This places Swiggy in the lower half of its industry. The industry median Interest Coverage is 7.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.94, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Swiggy and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiggy's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Swiggy (NSE:SWIGGY), the current Interest Coverage is 0 (At Loss) 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 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.
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