EduInvesting.in | May 13, 2025
India’s food delivery war has now spilled into Dalal Street. While Zomato changed its name to Eternal Ltd. (because nothing says “permanent” like ordering biryani at 1AM), Swiggy IPO’d with high hopes, high valuation, and high cholesterol.
So how are they doing in 2025?
Let’s plate it out.
📦 Current Market Price (CMP) and % Drop from All-Time Highs
| Company | CMP | All-Time High | % Below ATH |
|---|---|---|---|
| Zomato | ₹239.50 | ₹304.50 | 🔻 -21.3% |
| Swiggy | ₹297.85 | ₹617.30 | 🔻 -51.8% |
➡️ Zomato is delivering. Swiggy is trying not to cancel your order.
💸 Financial Appetite
| Metric | Zomato (Eternal Ltd.) | Swiggy |
|---|---|---|
| P/E Ratio | 436.09 😳 | Negative 😬 |
| ROE | 1.74% 🟢 | -30.5% 🔴 |
| Debt-to-Equity | 0.07 ✅ | 0.17 ⚠️ |
| Market Cap | ₹2.31 Lakh Cr 🏦 | ₹79,872 Cr 🥲 |
🧠 EduInvestor Take:
“Zomato’s stock chart looks like a dosa — flat but rising on the edges. Swiggy? More like a soggy samosa. It came out hot, looked promising, and then collapsed when you bit into the numbers.”
🔍 What the Street’s Whispering:
📈 Zomato (Eternal Ltd.)
- Has become the Go-To Delivery King
- Getting into B2B, quick commerce, Blinkit etc.
- Actually turning operational profits (yes, miracles do happen)
EduTake: “High P/E, but the street believes it’s now a real company. Like… with money and stuff.”
📉 Swiggy
- IPO-ed with a bang… then got banged by the market
- Still burning cash
- Trying to expand Instamart & dine-in, but margins are like your diet — thin and weak
EduTake: “Down 51% from highs. Cheaper? Yes. Better? Not yet.”
🍽️ The Taste Test
| Criteria | Winner |
|---|---|
| Stock Stability | Zomato |
| Revenue Growth | Swiggy |
| Brand Recall | Swiggy |
| Profitability Path | Zomato |
| Valuation Comfort | Neither 😅 |
🎯 Final Verdict
“Zomato is that kid who failed first year but now tops the class quietly. Swiggy is the overhyped cousin who showed up in a suit, gave a TED Talk, and forgot to bring lunch.”
Investors should nibble cautiously. If Zomato corrects more, it becomes interesting.
Swiggy? Let the hype cool down and see if they can deliver more than discounts.
