Swiggy Unveils FY31 Growth Roadmap with Rs 10,000 Crore EBITDA Target

"Swiggy has outlined its FY31 vision, targeting Rs 10,000 crore in Adjusted EBITDA and tripling its Gross Order Value through sustained growth across its key business segments."

Swiggy Charts Long-Term Growth with Profitability and Expansion Focus

Swiggy Limited has unveiled its FY31 growth roadmap, setting ambitious financial and operational targets across its core businesses. The company expects stronger profitability and significant expansion in Gross Order Value (GOV), supported by continued investments in food delivery, quick commerce, and dining-out services.

FY31 Targets and Growth Strategy

• GOV Expansion: Consolidated Gross Order Value (GOV) is expected to triple to around Rs. 2.5 lakh crore from Rs. 67,734 crore in FY26.
• Food Delivery: The business is projected to grow 2.5–3.5x, with a target of Rs. 5,000 crore Adjusted EBITDA by FY31.
• Instamart: Swiggy aims to scale Instamart's GOV to more than Rs. 1.5 lakh crore, while expanding its user base to over 40 million.
• Dineout: The company expects nearly 5x revenue growth and is targeting Rs. 1,000 crore Adjusted EBITDA by FY31.

What to Watch Next

• Investors will closely monitor Swiggy's execution of its long-term growth strategy, particularly the expansion of Instamart, continued profitability in Food Delivery, and the scaling of Dineout.
• Progress toward the company's FY31 financial targets, sustained margin improvement, and growth in Gross Order Value will remain key indicators for the business.