Case study

SWIGGY

SWIGGY LIMITED

High-risk on the numbers1y model +0.1%

Each stock's 10,000-path forecast, rendered as light.

25Score

SWIGGY LIMITED (SWIGGY) Stock Analysis & Case Study

Is SWIGGY a good buy? The data-driven verdict.

SWIGGY LIMITED (SWIGGY) trades at ₹289,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 25/100.

On the numbers, SWIGGY LIMITED (SWIGGY) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 66.4× earnings, ROE of -29.1%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

SWIGGY fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹79,952 Cr
Current price
₹289
P/E ratio
66.4×
P/B ratio
4.35×
Book value
₹66
ROCE
-24.1%
ROE
-29.1%
Piotroski F-Score
2/8

How SWIGGY ranks against the 2,373 companies in our screener

We do not hold promoter holding or 3-year profit (PAT) growth figures for SWIGGY, as of 9 Aug 2026, so those are not ranked here.

Is SWIGGY overvalued? SWIGGY P/E vs peers

SWIGGY trades at 66.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

SWIGGY share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.7y of SWIGGY history (-28%/yr drift, 45%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SWIGGY 2027₹158₹281₹501+0%
SWIGGY 2028₹124₹281₹639+0%
SWIGGY 2029₹104₹282₹761+0%
SWIGGY 2030₹89₹282₹895+0%
SWIGGY 2031₹78₹282₹1,020+0%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SWIGGY goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
50%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹562 within 5 years

The bull case for SWIGGY

  • SWIGGY LIMITED is part of the nifty100 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹761.

The bear case & risks

  • SWIGGY's P/E of 66.4x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SWIGGY's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹104.

SWIGGY volatility & expected range, how bumpy is the ride?

Over the last 1.7 years SWIGGY compounded at -28%/year with annualized volatility of 45%. That volatility implies a 1-year 80% range of ₹158-₹501, the honest backbone behind any single price target.

SWIGGY price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 1.7 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.1%
80% range₹158-₹501
P(price ↑)50%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
0.3%
80% range₹104-₹761
P(price ↑)50%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
0.5%
80% range₹78-₹1,020
P(price ↑)50%
P(price 2×)25%

SWIGGY price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SWIGGY simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SWIGGY hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SWIGGY price target & forecast page.

SWIGGY Piotroski F-Score: 2/8, how financially strong is it?

2/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SWIGGY scores 2/8, weak on the financial-strength checks.

SWIGGY MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy SWIGGY with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox30.17%3.3×
Zerodha28.70%3.5×
Groww28.80%3.5×
Dhan26.68%3.7×
Kotak NeoCHEAPEST26.67%3.7×
Paytm Money50.00%2.0×
Pocketful33.45%3.0×
Fyers34.48%2.9×
Anand Rathi33.68%3.0×
Bajaj Broking34.00%2.9×
Share India33.79%3.0×

Compare every broker on the SWIGGY MTF page.

About SWIGGY LIMITED: sector, index & market-cap context

SWIGGY LIMITED (SWIGGY) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹79,952 Cr. See more stocks on our screener.

How the SWIGGY Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of SWIGGY LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SWIGGY analysis, FAQs

Is SWIGGY LIMITED (SWIGGY) a good buy?

On the numbers, SWIGGY LIMITED (SWIGGY) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 66.4× earnings, ROE of -29.1%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SWIGGY overvalued or undervalued?

SWIGGY trades at 66.4× earnings, expensive versus the ~22× long-run Nifty average.

What is the SWIGGY share price target for 2031?

SWIGGY's probability-weighted 2031 median target is ₹282, with an 80% range of ₹78-₹1,020 (10,000-path Monte-Carlo).

What is the probability SWIGGY doubles in 5 years?

The modelled probability of SWIGGY reaching ₹562 (2×) within 5 years is 25%.

What is the bull case for SWIGGY?

SWIGGY LIMITED is part of the nifty100 universe with live, tracked fundamentals on Downstox.

What are the risks in SWIGGY?

SWIGGY's P/E of 66.4x is lower than 18% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SWIGGY's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (45%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

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