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Pre-IPOPublic Limited

Zepto

Zepto Limited

Consumer·E-commerce

CIN
—
ISIN
INE143401029
Incorporated
—
Registered state
—

Key valuation

Market cap
₹41,591 Cr
P/E
—
Debt / equity
0.0x
Shares outstanding
12,60,33,33,333

Indicative price

₹33.00

First quote recorded 24 Aug 2026. Price changes appear once a second dated quote is recorded.

Updated 20 Oct 2026, 16:41

Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.

Price history

First recorded price

₹33.00

24 Aug 2026

The price chart appears here once a second dated quote is recorded.

Business overview

Ten minutes. Thats the entire promise and its the reason Zepto exists. The company runs one of the fastest growing quick commerce platforms in India. Groceries and daily essentials arriving before you have finished deciding what else you needed. Aadit Palicha and Kaivalya Vohra started it, Palicha as CEO and Vohra as CTO, and both walked away from Stanford to do it. At the time that looked reckless. The trick is dark stores. Small fulfilment hubs pushed deep into neighbourhoods so the rider is never far away, with routing software deciding who goes where. Head office is in Bengaluru. The catalogue runs to tens of thousands of items now. Fresh produce, packaged goods, household things. Zepto Cafe came later and so did pharmacy and diagnostics. Global investors have put in serious money and the valuation is into the billions. Blinkit and Swiggy Instamart are fighting the same war and nobody has won it yet.

Key highlights

  • Incorporated in 2020

Financial snapshot

FY2026

Revenue FY2026
₹22,623.60 Cr
EBITDA
₹-4,746.10 Cr
PAT
₹-5,905.20 Cr
Net worth
₹5,997.90 Cr
Total debt
₹0.00 Cr
Cash & equivalents
—
Operating cash flow
₹-3,462.40 Cr
EPS
₹-4.69

Reported financials · FY2022–FY2026

Figures in ₹ crore unless stated.

Revenue CAGR 256.1%
ParticularsFY2022FY2023FY2024FY2025FY2026YoYCAGR
Profit & loss
Revenue from operationsYoY +103.6%CAGR +256.1%1412,0264,45511,11022,624+103.6%+256.1%
Other income25244493505——
Total expenses5333,3505,74716,24129,027——
EBITDA-369-1,162-1,071-4,154-4,746——
Depreciation & amortisation1568121404894——
EBIT-384-1,229-1,192-4,558-5,640——
Finance cost64357138265——
Profit before tax-390-1,273-1,249-4,695-5,905——
Tax expense00040——
Profit after tax-390-1,273-1,249-4,700-5,905——
Earnings per share₹-0.31₹-1.01₹-0.99₹-3.73₹-4.69——
Balance sheet
Net worthYoY -30.1%CAGR +105.6%3366466438,5865,998-30.1%+105.6%
Total debt12112116400——
Current liabilities1726339343,3475,308——
Current assets3951,1411,39810,1259,638——
Total assetsYoY -2.1%CAGR +114.5%6391,4781,93313,80013,510-2.1%+114.5%
Cash flow
Operating activities-445-1,082-1,132-4,625-3,462——
Investing activities-82-726323-7,3621,808——
Financing activities7081,6431,18910,7851,895——
Free cash flow-525-1,145-1,234-5,506-4,132——
Net change in cash181-165381-1,202241——
Margins, returns, liquidity, leverage and every other ratio from these figures: see Ratios

Revenue, EBITDA and PAT

₹ crore. A year with no reported figure is left out rather than drawn as zero.

-5,9051,2278,35915,49122,624FY2022 · Revenue: 141FY2022 · EBITDA: -369FY2022 · PAT: -390FY2022FY2023 · Revenue: 2,026FY2023 · EBITDA: -1,162FY2023 · PAT: -1,272FY2023FY2024 · Revenue: 4,455FY2024 · EBITDA: -1,071FY2024 · PAT: -1,249FY2024FY2025 · Revenue: 11,110FY2025 · EBITDA: -4,154FY2025 · PAT: -4,700FY2025FY2026 · Revenue: 22,624FY2026 · EBITDA: -4,746FY2026 · PAT: -5,905FY2026
-5,9051,2278,35915,49122,624FY2022 · Revenue: 141FY2022 · EBITDA: -369FY2022 · PAT: -390FY2022FY2023 · Revenue: 2,026FY2023 · EBITDA: -1,162FY2023 · PAT: -1,272FY2023FY2024 · Revenue: 4,455FY2024 · EBITDA: -1,071FY2024 · PAT: -1,249FY2024FY2025 · Revenue: 11,110FY2025 · EBITDA: -4,154FY2025 · PAT: -4,700FY2025FY2026 · Revenue: 22,624FY2026 · EBITDA: -4,746FY2026 · PAT: -5,905FY2026
  • Revenue
  • EBITDA
  • PAT

Every ratio here is worked out from the reported figures in the Financials tab, and valuation multiples from the indicative price in the header. Nothing is a stored value. A ratio the filings cannot support (a line not reported, or a zero or negative base) is left out or shown as —, never as a misleading number. Balance-sheet ratios use year-end figures.

Valuation multiples

What the indicative price pays for the latest year's earnings, book and cash. On FY2026 figures and the ₹33.00 indicative price.

Market cap
₹41,591 Cr
Enterprise value
₹41,591 Cr
Price / book (P/B)
6.93x
Price / sales (P/S)
1.84x
EV / sales
1.84x
Earnings yield
-14.2%
Free cash flow yield
-9.9%
How these are worked out
Market cap
Indicative price × shares outstanding
Enterprise value
Market cap + debt − cash
Price / book (P/B)
Market cap ÷ net worth
Price / sales (P/S)
Market cap ÷ revenue from operations
EV / sales
Enterprise value ÷ revenue from operations
Earnings yield
PAT ÷ market cap
Free cash flow yield
(Operating cash flow − capex) ÷ market cap

IPO / listing status

Pre-IPONot yet announced

The company has not announced IPO details such as a DRHP filing, an expected window or its bankers. This section will update once it does.

Research & news

Information currently unavailable

Nothing has been published on Zepto yet. Research, news and articles tagged with it will appear here when they are.

Browse all research

Documents

Information currently unavailable

No documents have been catalogued for this company yet.