Even though the new GST regime has established an 18% levy on delivery charges, Swiggy and Zomato stocks remain attractive to investors. With the anticipated progression of demand during the festival season, the rapid growth of quick commerce, and the improvement of cost efficiency, experts forecast a 30% upside.

Context about Zomato and Swiggy

Swiggy, based in Bengaluru, India, is a food delivery and quick commerce platform run by Bundl Technologies Pvt. Ltd. The company is involved in on-demand food delivery, groceries through Instamart, as well as hyperlocal logistics.

Zomato Limited, based in Gurugram, India, is a food delivery company that is publicly listed and among the top five in the world. It offers restaurant discovery, online ordering, and quick commerce through Blinkit. Together, these companies are the leaders of India’s online food delivery ecosystem which is a multi-billion dollar annual market.

Swiggy Zomato Stocks Outlook Amid GST Reforms

The government’s move to apply an 18% GST on the delivery charges collected by platforms has put food delivery services under a more transparent tax system. This new law makes sure there is a regular standard for compliance.

Actually, for Swiggy and Zomato, the Swiggy Zomato Stocks Outlook is positive because the platforms are likely to allow the new GST charges to pass to customers without actually causing any inconvenience. The logic is that delivery costs are in many cases already borne by loyalty program members or high-value orders, so consumers will hardly feel the change.

Also Read: Swiggy Shares Plunge 11 Percent as Zomato Weakness Spreads

Why Swiggy and Zomato Remain Resilient

Strong Festive Season Demand

Festival time in India is, generally speaking, a period when consumption goes up drastically. So with festivals going to happen soon, Swiggy and Zomato can schedule their days of managing a huge increase in the average volume of orders, thus compensating for a small increase in prices due to the implementation of GST.

Growing Quick Commerce Market

Quick commerce is becoming one of the main sources of the rapid growth of the business. Swiggy’s Instamart and Zomato’s Blinkit are rapidly growing not only in metro cities but also in small towns and rural areas. Furthermore, it is believed that with the full understanding of the taxes, people in smaller towns will be more likely to use this kind of service and hence revenue potential will be there in the long term.

Cost Optimization and Market Share

While both companies are focused on increasing efficiencies, reducing substantially the use of promotions, and improving their logistics operations. These efforts help to improve the economics for each unit of production and also increase investor confidence concerning the Swiggy Zomato Stocks Outlook scenario.

Investor Interest in Swiggy and Zomato

Swiggy and Zomato have consistently attracted capital from the stock market because of the trend factors that lead to sectoral growth. Analysts now expect growth in the food delivery market of 20–23% for FY26–FY27, as compared to only 17–18% that was the case in the earlier forecasts.

Besides that, valuations have become more bullish reflecting, among other things, the companies’ solid fundamentals and quick commerce monetization capabilities. The Swiggy Zomato Stocks Outlook is the indication of the potential for both of them to be able to provide steady returns even in the environment of a competitive market.

Profitability and Long-Term Projections

• Food delivery CAGR will exceed 20% over the next two years.

• Quick commerce dark store closure was slower than anticipated, leading to savings and margin enhancement.

• The businesses that once solely relied on delivery of food are branching out to sell groceries, beverages, and even offer additional services for the convenience of people.

• Swiggy has a target price of ₹560 while Zomato is around ₹420. Consequently, the investor stands to gain approximately 29–32% of the current market value in both companies.

Such cost-saving measures in addition to consumer enthusiasm for the services would place the firms on the path of sustainable profitability.

Key Highlights of Swiggy Zomato Stocks Outlook

• New delivery charges GST at 18% are unlikely to hit the customers appetite for the services.

• The rationale is that they will bear the GST cost but customers will be the ones paying it.

• Quick-commerce usage is growing rapidly which is why non-metro cities are eagerly adapting it.

• Strong order volumes will be the major attraction of the festive seasons.

• Long-term upgrades of valuation are pointing towards a 30% increase in returns.

Final Perspective

Swiggy Zomato Stocks Outlook will be glad to report a strong performance despite all regulatory changes. In the wake of the quick commerce boom and the improved profitability of these platforms, they have not only held their ground but are solidly positioned alongside India’s vibrant and rapidly changing consumer services sector for further growth.

Disclaimer

Presenting this article for informational purposes only and not offering investment advice of any kind. Readers are advised to seek professional financial guidance before taking market actions.

FAQ’s

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Read the full article here: Swiggy Zomato Stocks Outlook Strong Despite GST — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Swiggy, India’s food and grocery delivery giant, has partnered with Bounce to expand EV adoption, beginning in Delhi NCR and Bengaluru. The move supports Swiggy’s 2030 target of a 100% electric fleet, reinforcing its sustainability goals and reducing long-term operating costs.

India’s leading food and grocery delivery platform, Swiggy, has announced a strategic partnership with Bounce, a full-stack electric mobility company, to accelerate the adoption of electric vehicles (EVs) in its delivery operations. The move aligns with Swiggy’s long-term goal of transitioning to a 100% electric delivery fleet by 2030, a milestone that reflects the company’s sustainability roadmap and cost-efficiency focus.

In the first phase of this collaboration, Bounce will deploy its electric scooters in Delhi NCR and Bengaluru over the next three months. The scooters will be accessible through both the Bounce Daily app and Swiggy’s Delivery Partner app. Bounce will manage the complete deployment, maintenance, and lifecycle management of the vehicles, enabling Swiggy’s delivery partners to benefit from lower operating costs and reliable access to clean mobility solutions.

Also Read: Swiggy Bets Big on Festive Season With Fee Hike Gamble

Swiggy currently works with 5.4 lakh delivery partners and has an extensive footprint in India’s food delivery ecosystem, collaborating with more than 2.5 lakh restaurants across 700+ cities. Its quick commerce vertical, Instamart, further adds to its scale by serving 124 cities with 10-minute delivery across 20+ product categories.

Industry experts suggest that the partnership marks a strategic shift in Swiggy’s operational model by reducing dependence on fossil fuels, lowering long-term fleet costs, and strengthening brand positioning in India’s fast-growing green logistics sector. By targeting large-scale EV adoption, Swiggy is not only driving sustainability goals but also building resilience against fuel price volatility, a key financial factor in last-mile delivery operations.

The Swiggy-Bounce partnership is expected to be expanded to multiple cities in the coming months, reinforcing both companies’ commitment to cleaner urban mobility, cost-optimization, and scalable EV adoption across India.

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India’s GST reforms, coupled with fiscal measures, are set to boost consumption-driven stocks in FY26. Analysts highlight opportunities across FMCG, automobiles, durables, retail, and QSRs as market momentum shifts from capex to consumer demand.

India’s recent announcement of a Goods and Services Tax (GST) rejig, combined with the expected fiscal push from the upcoming eighth pay commission, is set to shape equity market trends in fiscal 2025-26 (FY26). Analysts believe the reforms will create stronger momentum for consumption-driven sectors while forcing a reallocation of capital away from capex-heavy plays in the near term.

The Nifty India Consumption Index has already outpaced broader benchmarks, rising nearly 11% this fiscal compared with a 5% gain in the Nifty 50 Index, underscoring investor preference for consumer-focused themes. Experts anticipate that the proposed GST changes will further amplify this divergence.

Sectors likely to benefit include FMCG leaders such as Hindustan Unilever, Britannia, and Tata Consumer, where stronger demand coupled with easing input costs could drive margin expansion. In autos, companies such as Maruti Suzuki, Ashok Leyland, and two-wheeler manufacturers are expected to gain from lower GST rates. Consumer durables players including Voltas, Blue Star, and Amber Enterprises are also positioned for growth as GST reductions align with festive season demand.

Construction-linked sectors stand to benefit as well. Lower GST on cement could provide a structural tailwind for companies such as Ultratech Cement, boosting developer margins and infrastructure-linked demand.

Also Read: India’s GST Collection Hits ₹1.96 Trillion: Key Factors Behind the Rise

Logistics and quick commerce operators like Delhivery may see indirect gains from stronger retail volumes, while the hospitality segment—represented by LemonTree Hotels—is expected to capture demand recovery, supported by reduced tax on mid-market hotel tariffs.

Financial institutions are also positioned to benefit from higher consumer spending. HDFC Bank and Bajaj Finance could see higher loan disbursements in auto, durables, and personal finance categories, with lending margins supported by broader consumption growth.

While the reforms are expected to inject an estimated $13 billion boost to annual consumption if 65% of payouts flow back into spending, analysts caution on the fiscal side. Any revenue shortfall may require expenditure rationalization, potentially curbing capex and social sector allocations. This trade-off highlights the balancing act policymakers face between stimulating demand and sustaining fiscal discipline.

From a market perspective, equity strategists expect a high single-digit return from the Nifty for the remainder of FY26, with consumer-oriented stocks likely to outperform. The structural tilt in favor of consumption underscores a broader shift in investment strategy—favoring consumer staples, autos, durables, and cement over capital goods and infrastructure.

As India enters the festive season with a restructured GST regime, investors are advised to remain overweight on consumer sectors. This tilt represents not just a short-term demand story but a structural trend that may define equity allocation patterns through FY26.

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India’s leading Portfolio Management Services (PMS) funds are reshaping market strategies with high-conviction bets on fintech, healthcare, specialty chemicals, and industrial leaders. July 2025 data reveals 42 focused stock ideas where top-performing PMS managers are channeling smart money.

India’s Portfolio Management Services (PMS) industry, a niche yet rapidly expanding segment of wealth management, is attracting high-net-worth investors by offering concentrated, research-driven equity strategies. Headquartered in financial hubs such as Mumbai, leading PMS providers have carved out a reputation for generating superior alpha compared to traditional mutual funds.

The latest performance data for July 2025 shows a clear thematic shift—portfolio managers are aggressively backing digital disruptors, healthcare innovators, chemical producers, and industrial champions, while selectively exploring opportunities in mid- and small-cap segments.

Healthcare in Focus with InCred Asset Management

InCred Asset Management, through its Healthcare Portfolio, delivered the month’s strongest return at 11.96%, led by a significant 19.81% allocation to Healthcare Global Enterprises, India’s largest cancer care chain. The portfolio also holds Thyrocare Technologies (17.35%) and Krsnaa Diagnostics (11.62%), signaling confidence in diagnostics-led growth. Other plays include Jubilant Pharmova (10.04%) and RPG Life Sciences (6.81%), aligning with India’s expanding healthcare infrastructure and medical tourism boom.

Digital Disruption Bets by Valcreate Investment Managers

Valcreate Investment Managers is betting big on the digital economy through its IME Digital Disruption Strategy, which gained 6.34% in July. The fund allocated heavily to Eternal (22%), followed by fintech heavyweight One 97 Communications – Paytm (19.30%) and insurance aggregator PB Fintech (19.20%). Other allocations include Nykaa (11.40%) and Swiggy (7.10%), positioning the portfolio to benefit from India’s e-commerce and digital payments surge.

Agrochemicals and Lifesciences Growth

Valcreate’s Lifesciences & Specialty Opportunities Fund, which rose 8.48%, is centered around agrochemicals. Sharda Cropchem (15.85%), Divi’s Laboratories (9.33%), and Sumitomo Chemical India (8.08%) lead the pack, complemented by Dhanuka Agritech (7.49%) and Rallis India (7.31%). The strategy reflects India’s agricultural modernization and rising demand for crop protection products.

Industrial Excellence with Green Portfolio’s MNC Advantage Fund

Green Portfolio, through its MNC Advantage Fund (6.89% returns), has channeled investments into multinational subsidiaries fueling India’s industrial growth. Key holdings include KSB (12.68%), Integra Engineering India (10.21%), and Federal-Mogul Goetze (9.42%), along with John Cockerill India (6.16%) and Bosch (5.56%), capitalizing on India’s manufacturing push and infrastructure expansion.

Mid-Cap Diversification by Emkay Investment Managers

Emkay Investment Managers reported 4.20% returns from its Pearls Strategy, which maintains a mix of digital, pharma, and industrial stocks. Top picks include Eternal (16.30%), Divi’s Laboratories (9.70%), Nesco (8.80%), Federal Bank (7.10%), and Sundram Fasteners (7.10%).

Small-Cap Opportunities with Ambit Investment Advisors

Ambit’s Micro Marvels Portfolio (4.27% returns) is targeting small-cap leaders of tomorrow, with allocations in Rajratan Global Wire (7.00%), Teamlease Services (6.50%), and balanced exposure across Menon Bearings, Entero Healthcare Solutions, and Thejo Engineering (6.00% each).

Contrarian Fintech Recovery with Wryght Research

Wryght Research’s Factor Fund (2.69% returns) is showing contrarian confidence in fintech recovery with Paytm (7.73%) as its top holding. The fund is diversified into Hitachi Energy India (5.68%), Maharashtra Scooters (5.38%), Paradeep Phosphates (5.19%), and Bajaj Holdings & Investment (4.91%).

Conservative Approach by Brightseeds’ Xylem Maverick

The most cautious among the top performers, Brightseeds Xylem Maverick Strategy (2.55% returns), parked nearly 47.29% in cash and liquid ETFs. Its selective equity bets include Dharmaj Crop Guard (8.56%), Sudarshan Chemical Industries (7.00%), Borosil Renewables (6.37%), and Scoda Tubes (5.49%).

Broader Trend: Smart Money in New-Age and Industrial Stories

Across the board, July’s PMS performance reveals an unmistakable trend—India’s top fund managers are blending aggressive bets in digital disruption and fintech with stable exposure to healthcare, agrochemicals, and industrial leaders. With 42 distinct stock ideas, PMS funds are positioning themselves to ride India’s next growth wave across market caps and sectors.

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India-based food delivery giant Swiggy has raised its platform fee to Rs 14 per order during the festive season, aiming to improve profitability amid rising operational costs and growing competition.

Food delivery major Swiggy in India has increased its platform fee from Rs 12 to Rs 14 per order as demand spikes during the festive season. The move reflects the company’s strategy to enhance profitability while addressing higher operating costs, including payments to its delivery fleet.

Swiggy, which processes over 2 million orders daily, could generate an additional Rs 2.8 crore per day from the revised fee, translating into Rs 8.4 crore quarterly and Rs 33.6 crore annually if maintained. Analysts suggest that while a Rs 2 increase per order appears minimal for customers, it provides meaningful leverage for the company’s bottom line given its transaction volumes.

The platform fee, first introduced in April 2023 at Rs 2, has seen gradual hikes. The latest adjustment shows Swiggy’s focus on strengthening unit economics without impacting customer demand. Higher charges are often tested during peak demand events, and the company may reduce the fee back to Rs 12 once the festive season ends.

Also Read: Swiggy’s Q1 FY26: A Defining Moment in India’s Startup Economy

Swiggy’s financial results for Q1 FY26 revealed a widening net loss of Rs 1,197 crore, almost doubling from a year earlier, largely driven by heavy investments in its quick commerce vertical, Instamart. Despite this, revenue from operations grew sharply by 54% year-on-year to Rs 4,961 crore, reflecting robust customer engagement and demand growth.

Meanwhile, rival Zomato has also experimented with platform fee adjustments during high-demand periods. Both players are navigating the challenge of balancing growth with profitability, with analysts noting that platform fees could become a permanent lever in sustaining operational efficiency.

Experts highlight that the timing of Swiggy’s hike underlines the ongoing pressure on food delivery platforms to offset the high costs of expansion into quick commerce and logistics. By capitalizing on seasonal surges, companies can protect margins without eroding customer trust, as order volumes have shown resilience despite incremental charges.

As India’s food delivery market grows more competitive, strategic fee adjustments such as this are expected to remain part of the industry’s profitability playbook.

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Read the full article here: Swiggy Bets Big on Festive Season With Fee Hike Gamble — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

NPCI will stop UPI P2P collect requests from October 1, 2025, to prevent fraud, while merchant collect requests remain functional and UPI split payments provide a secure alternative.

India’s National Payments Corporation of India (NPCI) has directed banks and payment apps to stop all person-to-person (P2P) “collect requests” via the Unified Payments Interface (UPI) from October 1, 2025, in a move aimed at curbing financial fraud. The decision will discontinue the facility that allows a user to request money from another subscriber, commonly misused by fraudsters to trick users into authorizing payments.

Currently, UPI P2P collect transactions are capped at ₹2,000 per request, with a maximum of 50 successful credits per user per day. While these peer-to-peer collect requests will be discontinued, merchants can continue to use the feature for payments. Platforms like Flipkart, Amazon India, Swiggy, and IRCTC rely on merchant collect requests, which are processed only after the user approves and enters the UPI PIN.

Also Read: Fintechs Under Fire as Banks Introduce Transaction Charges

The move comes after NPCI observed that fraud cases associated with P2P collect requests, though reduced following transaction limits, remain a concern. The feature, initially designed for splitting bills among friends or reminding relatives of owed amounts, will now be replaced by alternative solutions such as UPI’s split payment option.

UPI remains India’s leading digital payments platform, processing nearly 20 billion transactions monthly, valued at approximately ₹25 lakh crore, and serving around 40 crore unique users. Analysts say the step is likely to enhance overall user safety while encouraging more structured and secure merchant transactions in India’s fast-growing digital payment ecosystem.

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Read the full article here: NPCI Reshapes the Future of Peer-to-Peer Transactions in India — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Indian stocks opened the week on a positive note with benchmark indices gaining nearly 1%, led by strong performances in banking and select heavyweight stocks. The Nifty 50 rose 0.91% to 24,585 points, while the S&P BSE Sensex climbed 0.93% to 80,604 points, reclaiming the 80,000 level. The broader market indices, including the Nifty Midcap 100 and Smallcap indices, also saw gains of about 1%. Key contributors included HBL Engineering, DOMS Industries, and tech companies like PB Fintech and Swiggy. Market sentiment was buoyed by hopes for a US-India trade agreement ahead of upcoming US tariffs and anticipation around US inflation data influencing Federal Reserve policy.

India’s stock markets started the week on a bullish note, with the Nifty 50 and S&P BSE Sensex gaining nearly 1%, led by robust performances in banking stocks and select heavyweights. The Nifty 50 closed 0.91% higher at 24,585 points, while the Sensex advanced 0.93% to reclaim the 80,000 mark at 80,604 points. Broader market indices such as the Nifty Midcap 100 and Smallcap indices also rebounded sharply, each gaining close to 1%.

Investor sentiment was supported by optimism over a potential trade agreement between India and the United States ahead of the upcoming US tariffs, along with focus on critical US inflation data that could influence Federal Reserve monetary policy. President Donald Trump’s tariffs, which started at 25% last week with further increases scheduled, have raised hopes for negotiations ahead of key international summits.

Among the top gainers, HBL Engineering surged 13.2% to ₹679 after a strong June-quarter financial performance. DOMS Industries climbed 11.5% to ₹262.50, reacting positively to robust quarterly results. Sai Life Sciences continued its upward trend, rising 7%, while Transformers & Rectifiers snapped a losing streak with a 7% gain.

Also Read: Stocks to Watch on 11 August: Earnings, Bank Policy, and Oil Compensation

Tech stocks under the spotlight included PB Fintech, One97 Communications, and Swiggy, which rallied up to 5.5%, reflecting growing investor interest in new-age digital firms. Other notable gainers included JM Financial, Kalpataru Projects, and Adani Enterprises, with gains ranging between 3% and 5%.

On the downside, 25 stocks closed lower, led by a 14.1% drop in PG Electroplast to ₹506, extending a recent sell-off. Amber Enterprises shed 6%, closing at ₹6,912, while Multibagger Action Construction Equipment fell 6.5% to ₹1,008.6. Stocks such as PTC Industries, Schneider Electric, International Gemmological Institute, and Sonata Software saw declines between 2% and 5.6%.

Market analysts highlight that the current rebound reflects investor confidence in India’s banking sector and tech innovation despite ongoing global uncertainties such as trade tariffs and inflation pressures. The focus remains on upcoming earnings announcements and macroeconomic data that could shape market direction in the near term.

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India’s benchmark indices fell for a second straight session, dragged down by heavy losses in pharma, IT, and metal sectors after the US imposed unexpected tariffs on Canadian imports. The Nifty dropped below 24,650, and the Sensex shed over 300 points amid broad-based selling pressure, with smallcaps particularly under strain.

India’s stock markets faced sharp losses on Friday, July 31, as investor sentiment was shaken by sudden US tariff escalations. The BSE Sensex dropped by 324.56 points, or 0.40%, to 80,861.02, while the NSE Nifty 50 declined by 124.25 points, or 0.50%, to 24,644.10.

This decline marked the second consecutive session of losses, primarily triggered by a steep fall in pharma, IT, and metal stocks, as well as ongoing concerns about global trade policies. Market breadth remained weak with over 2,000 stocks declining against 1,399 advancing.

The slide followed a new directive from the United States, where President Donald Trump unexpectedly hiked import duties on Canadian goods to 35% from 25%, intensifying global trade tensions. Analysts warn that these tariffs could potentially disrupt investor risk appetite worldwide.

Sectoral Pressure

The Nifty Pharma index led the losses, falling by 2.84%, followed by Nifty IT (-1.26%), Oil & Gas (-1.05%), and Metal (-0.93%). Meanwhile, Nifty FMCG (+0.86%) and Media (+1.03%) were the only gainers. Other indices like Auto, Infra, Realty, and Midcap 100 also witnessed notable selling.

The India VIX, a volatility gauge, rose 1.65% to 11.73, reflecting increased nervousness in the market.

Top Movers

Among the top losers on the Nifty were Dr. Reddy’s Laboratories, Sun Pharma, Cipla, Tata Steel, and ONGC.

On the other hand, Hindustan Unilever (HUL) surged nearly 8%, driven by positive analyst outlooks after its Q1 FY26 results showed a 6% YoY rise in net profit to ₹2,768 crore, with revenue up 5% to ₹16,323 crore. This rally pushed HUL’s two-day gains to over 12%.

Other Notable Stocks

• PNB Housing Finance plunged over 15% after the company accepted the resignation of its MD & CEO Girish Kousgi, raising concerns about continuity in strategic leadership.
  
• Swiggy dropped 4%, as its Q1 FY26 net loss widened 96% YoY to ₹1,197 crore, from ₹611 crore a year ago, despite positive sentiment from international brokerages.

Also Read: Mahindra Grabs 54.2% LCV Market Share: Full Q1 FY26 Breakdown

Technical View

Nifty faced resistance near the 50-EMA around 24,950 before slipping. The index closed around 24,750, with immediate support at 24,500 and resistance at 25,000. A move above 25,000 could shift market bias to bullish, while a breach below 24,500 may intensify selling.
The Sensex, meanwhile, remained volatile and needs a decisive close above 82,050 to regain upward momentum.

Top Gainers

• Trent
• Asian Paints
• HUL
• Eicher Motors
• ITC

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Read the full article here: Sensex Falls 350 Points, Nifty Slips Below 24,650 — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India-based Swiggy’s Q1 FY26 results revealed a near 96% YoY widening in net losses, triggering a 4% intraday stock decline. Despite strong revenue growth and rising traction in its quick commerce arm, investor sentiment remains cautious amid narrowing margins and seasonal cost pressures.

Shares of Swiggy slipped as much as 4.1% to ₹386 in early trade on August 1, following the release of its financial results for the first quarter of FY26. The company’s net loss widened sharply by 96% YoY to ₹1,197 crore, compared to ₹611 crore in the same quarter last year.

This negative bottom-line performance came despite a 54% YoY surge in revenue from operations, which grew to ₹4,961 crore from ₹3,222 crore. On a sequential basis, revenue also improved from ₹4,410 crore in the previous quarter, pointing to underlying business expansion.

The quick commerce segment, Instamart, continued to show remarkable traction. Annual revenue from Instamart more than doubled to ₹806 crore, reflecting increased adoption of instant delivery across metros and tier-2 cities. Gross Order Value (GOV) in this segment grew 107.6% YoY and 21.1% QoQ to ₹5,655 crore, with 1.2 million Monthly Transacting Users (MTUs) added during the quarter.

Adjusted EBITDA margin stood at 2.4%, down from 2.9% in Q4 FY25. The company attributes this dip to seasonal employment costs and expects normalization in the coming quarters as hiring and demand stabilize.

Also Read: Eternal Cash Reserves Surge to ₹18,857 Cr in Q1FY26

Despite the margin headwinds, Swiggy’s leadership remains optimistic, referring to Q1 as a potential trough in profitability. The focus remains on tightening operational efficiency while maintaining growth in both food delivery and quick commerce verticals.

At 9:30 AM IST, Swiggy’s shares were trading at ₹387 on the NSE, down 4.1% from the previous close. The stock has fallen over 25% YTD, signaling sustained investor caution amid expanding losses and a tight cost environment.

Looking ahead, analysts will closely watch Swiggy’s Q2 FY26 margin performance and volume recovery in both its key verticals to reassess its valuation trajectory.

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Read the full article here: Swiggy’s Q1 FY26: A Defining Moment in India’s Startup Economy — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

India’s Eternal reported a cash balance of ₹18,857 crore in Q1FY26, nearly tripling its key rival’s reserves. Strategic capex, strong operational cash flows, and QIP proceeds have fortified the company’s financial position ahead of intensifying competition in the quick commerce sector.

Eternal, the parent company of food delivery platform Zomato, reported a strong cash position of ₹18,857 crore for the quarter ending June 2025 (Q1FY26), up from ₹18,825 crore in the previous quarter. This bolstered balance sheet comes despite continued capital expenditure toward infrastructure and expansion, especially for its quick commerce arm, Blinkit.

The company’s cash position has significantly improved over the past year. In Q1FY25, Eternal’s cash reserves stood at ₹12,539 crore. A major contributor to this surge was a ₹8,446 crore capital raise through a Qualified Institutional Placement (QIP) during Q3FY25, which added meaningful liquidity to fund growth and maintain a competitive edge.

Eternal’s consistent profitability in its core food delivery business has allowed it to generate strong operating cash flows, which further fuel its war chest. The company stated in its filing that the increase in Q1FY26 could have been higher if not for partial recovery of ticketing advances issued in the previous quarter in its Going-Out vertical.

Significantly, Eternal’s current cash balance is almost three times larger than its closest rival. As per the last reported figures, Swiggy held ₹6,695 crore in cash as of Q4FY25. While Swiggy has yet to release its Q1FY26 results, analysts anticipate further depletion of its reserves due to sustained investment in Instamart, its quick commerce unit.

This widening gap in liquidity is critical as India’s quick commerce landscape intensifies. Players are ramping up expansion efforts, deploying capital toward dark store infrastructure, faster delivery networks, and competitive customer acquisition strategies. Eternal’s robust capital base offers a strategic advantage in absorbing these costs while maintaining operational agility.

Industry watchers note that with higher cash reserves, Eternal is better positioned to scale Blinkit, capture market share, and endure prolonged competitive pressure. The quick commerce segment, known for thin margins and high upfront costs, demands deep capital to achieve sustainable unit economics and long-term profitability.

Eternal’s recent performance underscores its strategy to balance growth with fiscal discipline, ensuring it remains a dominant force in India’s evolving consumer internet ecosystem. As the IPO-funded liquidity from competitors eventually thins out, the battle in quick commerce could increasingly favor players like Eternal that have not only scaled fast but also banked on strong internal accruals and capital raises at opportune times.

Read the full article here: Eternal Cash Reserves Surge to ₹18,857 Cr in Q1FY26 — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).