Swan Defence

Which are the latest news on Swan Defence?

Why is Swan Defence and Heavy Industries Ltd falling/rising?

As of 05-Sep, Swan Defence and Heavy Industries Ltd's stock price is falling to 2,494.80, down 1.96%. This decline is due to underperformance in its sector, significant losses, weak financial results, a high debt-to-equity ratio, and negative EBITDA, raising concerns about its financial stability.

As of 05-Sep, Swan Defence and Heavy Industries Ltd's stock price is falling, currently at 2,494.80, reflecting a decrease of 49.75 (-1.96%). This decline is attributed to several factors. Firstly, the stock has underperformed its sector by 2.01% today and opened with a significant loss of 3.72%. It also reached an intraday low of Rs 2,420.6, which is a drop of 4.87%. <BR><BR>Despite a strong performance over the past year, where the stock has increased by 400.16%, recent financial results indicate weaknesses. The company reported a substantial decline in net sales for the quarter ending June 26, with a 56.5% drop compared to the previous four-quarter average. Additionally, the company has a high debt-to-equity ratio of 35.88 times, indicating weak long-term fundamental strength and raising concerns about its financial stability. <BR><BR>Moreover, the company has recorded a negative EBITDA of Rs. -299.09 crore, and its profits have decreased by 49.7% over the past year. These factors contribute to the perception of risk surrounding the stock, leading to its current decline in price.

Who are in the management team of Swan Defence?

The management team of Swan Defence includes Debashis Bir (CEO), Pankaj Pandaya (Independent Director), Venkata Rachakonda, Shiby Jobby, Ranjit Lahiry (Additional Independent Director), and several Company Secretaries: Avinash Godse and Rakesh Moreshar Kanzode, along with Vishant Shetty (Compliance Officer). They oversee the company's operations and governance.

The management team of Swan Defence includes the following individuals:<BR><BR>1. **Debashis Bir** - Whole Time Director & CEO<BR>2. **Pankaj Pandaya** - Independent Director<BR>3. **Venkata Rachakonda** - Director<BR>4. **Shiby Jobby** - Director<BR>5. **Avinash Godse** - Company Secretary<BR>6. **Ranjit Lahiry** - Additional Independent Director<BR>7. **Rakesh Moreshar Kanzode** - Company Secretary<BR>8. **Vishant Shetty** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

What does Swan Defence do?

Swan Defence and Heavy Industries Ltd operates in the Aerospace & Defense sector, focusing on shipbuilding and dismantling. As of June 2026, it reported net sales of 31 Cr and a net loss of 42 Cr, with a market cap of INR 12,686 Cr.

Overview:<BR>Swan Defence and Heavy Industries Ltd operates in the Aerospace & Defense industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in 1997 as 'Pipavav Ship Dismantling and Engineering Limited' and later changed its name to Pipavav Shipyard Limited in 2005. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 31 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: -42 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 12,686 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 40 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 35.88 <BR>Return on Equity: -324.51% <BR>Price to Book: 185.34<BR><BR>Contact Details:<BR>Address: Pipavav Port, Post Ucchaiya Via-Rajula Amreli Gujarat : 365560 <BR>Tel: 91-2794-305000 <BR>Email: rdel.investors@relianceada.com <BR>Website: http://www.rnaval.co.in

Who are the peers of the Swan Defence?

Swan Defence's peers include MTAR Technologie, Zen Technologies, Astra Microwave, Apollo Micro Sys, Sigma Advanced S, Paras Defence, Unimech Aero., Mishra Dhatu Nig, and Avantel. In terms of management risk, growth, and capital structure, Swan Defence ranks below average compared to its peers, with MTAR Technologie showing the highest 1-year return at 404.19%.

Peers: The peers of Swan Defence are MTAR Technologie, Zen Technologies, Astra Microwave, Apollo Micro Sys, Sigma Advanced S, Paras Defence, Unimech Aero., Mishra Dhatu Nig, and Avantel.<BR><BR>Quality Snapshot: Excellent management risk is observed at Zen Technologies and Mishra Dhatu Nig, while Good management risk is found at MTAR Technologie, Astra Microwave, and the rest. Average management risk is present at Apollo Micro Sys, Paras Defence, Unimech Aero., Avantel, and the rest, while Below Average management risk is seen at Sigma Advanced S and Swan Defence. For Growth, Excellent growth is noted at Zen Technologies, Apollo Micro Sys, and Sigma Advanced S, while Good growth is found at MTAR Technologie and the rest. Average growth is observed at Astra Microwave, Paras Defence, and the rest, while Below Average growth is seen at Swan Defence, Unimech Aero., and Avantel. In terms of Capital Structure, Excellent capital structure is present at Paras Defence, Unimech Aero., and Avantel, while Good capital structure is found at MTAR Technologie, Astra Microwave, and Mishra Dhatu Nig. Average capital structure is noted at Apollo Micro Sys, while Below Average capital structure is seen at Sigma Advanced S and Swan Defence.<BR><BR>Return Snapshot: The peer with the highest 1-year return is MTAR Technologie at 404.19%, while the peer with the lowest is Swan Defence, which does not have a 1-year return available for comparison. Notably, there are no peers with a negative six-month return.

How big is Swan Defence?

As of 31st August, Swan Defence and Heavy Industries Ltd has a market capitalization of 12,686.00 Cr and reported Net Sales of 312.33 Cr, with a Net Profit loss of 236.88 Cr over the latest four quarters. Shareholder's Funds are valued at 69.64 Cr, and Total Assets amount to 3,167.19 Cr as of March 2026.

As of 31st August, Swan Defence and Heavy Industries Ltd has a market capitalization of 12,686.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Swan Defence reported Net Sales of 312.33 Cr. However, the company experienced a loss of 236.88 Cr in Net Profit during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's Funds are valued at 69.64 Cr, while Total Assets amount to 3,167.19 Cr.

Should I buy, sell or hold Swan Defence and Heavy Industries Ltd?

When is the next results date for Swan Defence and Heavy Industries Ltd?

The next results date for Swan Defence and Heavy Industries Ltd is 11 August 2026.

The next results date for Swan Defence and Heavy Industries Ltd is scheduled for 11 August 2026.

Are Swan Defence and Heavy Industries Ltd latest results good or bad?

Swan Defence and Heavy Industries Ltd's latest Q4 FY26 results show extraordinary revenue growth of 4,712.22% year-on-year, but the company reported a significant net loss of ₹142.22 crores and negative operating margins, indicating serious operational challenges and financial instability. Overall, the results are more negative than positive, warranting caution from investors.

Swan Defence and Heavy Industries Ltd's latest results for Q4 FY26 present a mixed picture, but overall, they lean towards the negative side. While the company experienced an extraordinary revenue growth of 4,712.22% year-on-year, with net sales soaring to ₹236.28 crores from just ₹4.91 crores in the same quarter last year, this impressive figure is overshadowed by significant operational challenges.<BR><BR>The company reported a consolidated net loss of ₹142.22 crores, which is a substantial increase in losses compared to the previous quarter. This represents a 329.54% deterioration from a loss of ₹33.11 crores in Q3 FY26. The operating margin is deeply negative at -105.98%, indicating that the company is spending more than it earns, which raises serious concerns about its cost management and operational efficiency.<BR><BR>Moreover, the return on equity (ROE) stands at a troubling -50.89%, highlighting the company's struggle to generate value for shareholders. The high debt-to-equity ratio of 10.54 times further complicates its financial health, suggesting significant financial leverage and potential solvency risks.<BR><BR>Despite these alarming fundamentals, the market reacted positively, with the stock price rising 5% on the announcement day, reflecting speculative trading rather than a solid improvement in operational performance.<BR><BR>In summary, while the revenue growth is a positive sign, the overall financial results indicate serious underlying issues, making the latest performance more bad than good. Investors should approach with caution, given the persistent losses and operational inefficiencies.

Is Swan Defence technically bullish or bearish?

As of December 2, 2025, the trend is mildly bullish due to positive weekly MACD and Bollinger Bands, but caution is advised due to a bearish monthly RSI and mixed signals from the KST.

As of 2 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, both indicating bullish momentum. However, the monthly RSI is bearish, which suggests some caution. The daily moving averages are bullish, supporting the overall mildly bullish outlook. The KST shows a mildly bearish trend on the weekly timeframe, contrasting with its bullish monthly signal. Overall, while there are bullish indicators, the mixed signals, particularly from the RSI and KST, indicate a cautious approach is warranted.

How has been the historical performance of Swan Defence?

Swan Defence has experienced significant financial decline, with net sales dropping from 378.56 Cr in March 2018 to 7.03 Cr in March 2025, and operating losses worsening to -107.96 Cr in March 2025. The company faces increasing liabilities and negative cash flow, indicating a challenging financial position.

Answer:<BR>The historical performance of Swan Defence shows significant fluctuations in its financial metrics over the years, particularly in net sales, operating profit, and net profit.<BR><BR>Breakdown:<BR>Swan Defence's net sales have seen a drastic decline from 378.56 Cr in March 2018 to just 7.03 Cr in March 2025, with a notable drop to 0.00 Cr in March 2024. The total operating income followed a similar trend, peaking at 378.56 Cr in March 2018 and falling to 7.03 Cr in March 2025. The company's total expenditure, excluding depreciation, has increased significantly to 114.99 Cr in March 2025 from 28.97 Cr in March 2024, contributing to an operating profit (PBDIT) of -107.96 Cr in March 2025, which is a deterioration from -26.51 Cr in March 2024. The profit before tax also worsened to -181.51 Cr in March 2025 from -121.36 Cr in March 2024, leading to a profit after tax of -181.51 Cr in March 2025. The company's total liabilities increased to 2,891.77 Cr in March 2025, while total assets were reported at 2,891.77 Cr, indicating a challenging financial position. Cash flow from operating activities remained negative at -96.00 Cr in March 2025, although the net cash inflow was positive at 10.00 Cr. Overall, Swan Defence's financial performance has shown a trend of increasing losses and declining revenues over the years.

Is Swan Defence overvalued or undervalued?

Swan Defence is currently considered overvalued and risky due to troubling financial ratios, including a PE ratio of -5.27 and an ROE of -48.76%, despite its impressive stock performance compared to the Sensex.

As of 8 June 2020, Swan Defence's valuation grade has moved from does not qualify to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued, primarily due to its troubling financial ratios. The PE ratio stands at -5.27, while the EV to EBITDA ratio is an alarming -30.43, reflecting negative earnings and operational challenges. Additionally, the ROE is at a staggering -48.76%, suggesting that the company is not generating returns for its shareholders.<BR><BR>In comparison to its peers, Swan Defence's valuation metrics are starkly unfavorable. For instance, Mazagon Dock has a PE ratio of 56.89, while Cochin Shipyard's PE ratio is 76.08, both indicating a premium valuation in the industry. Furthermore, despite Swan Defence's recent stock performance, which has significantly outpaced the Sensex with a YTD return of 8197.36% compared to the Sensex's 5.58%, the underlying financial health raises concerns about sustainability. Overall, the combination of negative ratios and poor returns on equity leads to the conclusion that Swan Defence is overvalued in the current market environment.

Who are the top shareholders of the Swan Defence?

The top shareholder of Swan Defence is Hazel Infra Limited, holding 94.91% of the shares. Other shareholders include six foreign institutional investors with 0.02%, Vistra Itcl India Limited at 1%, and individual investors with a combined 3.25%.

The top shareholders of Swan Defence primarily include its promoters, with Hazel Infra Limited holding the largest stake at 94.91%. There are no pledged promoter holdings, and the company has no mutual fund investments. Additionally, six foreign institutional investors (FIIs) hold a total of 0.02% of the shares. The highest public shareholder is Vistra Itcl India Limited, which owns 1%. Individual investors collectively hold 3.25% of the shares.

Has Swan Defence declared dividend?

No Dividend History Available