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SwiggyNSE:SWIGGY -2.74%22 Return-on-Tangible-Equity is -18.39% as of Mar. 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 22/100. Among 1,060 Retail - Cyclical companies, Swiggy ranks worse than 93.21% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Swiggy's annualized net income for the quarter that ended in Mar. 2026 was ₹-32,000 Mil. Swiggy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹174,040 Mil. Therefore, Swiggy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -18.39%.
The historical rank and industry rank for Swiggy's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SWIGGY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -40.48 Med: -31.14 Max: -29.65
Current: -35.06
During the past 5 years, Swiggy's highest Return-on-Tangible-Equity was -29.65%. The lowest was -40.48%. And the median was -31.14%.
NSE:SWIGGY's Return-on-Tangible-Equity is ranked worse than 93.21% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs NSE:SWIGGY: -35.06
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Swiggy Return-on-Tangible-Equity Related Terms
Swiggy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Swiggy's Return-on-Tangible-Equity 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.
NSE:SWIGGY vs AMZN, BABA, PDD: Return-on-Tangible-Equity Comparison
For the Internet Retail subindustry, Swiggy's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Swiggy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Swiggy's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -18.39% mean?
Swiggy (NSE:SWIGGY) has a Return-on-Tangible-Equity of -18.39% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Swiggy and its competitors. According to the industry distribution chart, Swiggy ranks #988 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 93.2%.
Is Swiggy's Return-on-Tangible-Equity too high?
Swiggy's current Return-on-Tangible-Equity is -18.39%. Based on the distribution chart, Swiggy ranks #988 out of 1060 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Swiggy has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's Return-on-Tangible-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Swiggy ranks #988 out of 1060 companies for Return-on-Tangible-Equity. This places Swiggy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Swiggy and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiggy's current Return-on-Tangible-Equity is -18.39%. 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 Return-on-Tangible-Equity of -18.39%. The current Return-on-Tangible-Equity is -18.39%. Swiggy's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Swiggy (NSE:SWIGGY), the current Return-on-Tangible-Equity is -18.39% 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 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.
22GF Score
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