SWAN DEFENCE N HEVY IND L SWANDEF NSEDEFENCEINFRA
Company Overview
Swan Defence and Heavy Industries Limited engages in the construction of vessels, repairs, and refits of ships and rigs and heavy engineering in India and internationally. The company builds vessels for building large commercial; cargo and niche and specialized vessels; and defence vessels. It also provides solutions for all kinds of ships and structures including large commercial and defence vessels, jack-up rigs, and offshore vessels, as well as steel repairs, jumboizing, and conversions; machinery, piping, electrical, and propeller repairs; tailshaft & rudder service; blasting, coating, and cathodic protection. In addition, the company offers engineering, procurement and construction, as well as load out services from its Offshore Yard. The company was formerly known as Reliance Naval and Engineering Limited and changed its name to Swan Defence and Heavy Industries Limited in January 2025. Swan Defence and Heavy Industries Limited was incorporated in 1997 and is based in Mumbai, India.
Why Investors Should Care
Revenue has grown at a 346.9% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹282.14 Cr (+3910.7% YoY); net profit ₹-225.91 Cr.
- Trailing 12 Months Year-on-year growth — revenue +3910.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 346.9%, profit CAGR -33.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 346.90% |
| 1 Year: | 3,910.73% |
Compounded Profit Growth
| 5 Years: | -33.75% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +773.93% |
| 6 Months: | +38.84% |
| 3 Months: | +30.65% |
| 1 Month: | +9.57% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)70.28 · Overbought
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 346.9% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -33.8% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SWANDEF SWAN DEFENCE N HEVY IND L NSEDEFENCEINFRA | 2,427.70 | -56.62 | ₹12,789.65 Cr | 0.00% | -7.52% | - | 346.90% | -33.75% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,785.60 | 32.39 | ₹5.21 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,768.30 | 30.37 | ₹4.07 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,573.40 | 33.55 | ₹3.06 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 5 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 405.00 | 55.63 | ₹2.96 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,985.00 | -80.56 | ₹1.93 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | ABB ABB India Limited NSEAIINFRA | 7,375.50 | 93.68 | ₹1.56 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 8 | CUMMINSIND Cummins India Limited NSEINFRA | 5,600.50 | 65.73 | ₹1.55 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 9 | BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU | 417.30 | 90.72 | ₹1.45 L Cr | 0.35% | 6.60% | 6.12% | 13.49% | 35.91% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2019 | Mar 2020 | Jun 2020 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.00 Cr | 17.00 Cr | 2.00 Cr | 0 | 0 | 0 | 1.00 Cr | 1.00 Cr | 4.91 Cr | 42.00 L | 39.57 Cr | 5.87 Cr | 236.28 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | -25.56 L | 14.26 Cr | 18.18 Cr | 8.32 L | 443.23 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 5.17 Cr | -13.84 Cr | 21.39 Cr | 5.79 Cr | -206.95 Cr |
| Operating Expenses | 62.00 Cr | 151.00 Cr | 20.00 Cr | 6.00 Cr | 12.00 Cr | 28.00 Cr | 35.00 Cr | 38.00 Cr | 30.52 Cr | 32.93 Cr | 44.16 Cr | 41.36 Cr | 60.97 Cr |
| Operating Income | -69.00 Cr | -151.00 Cr | -36.00 Cr | -23.00 Cr | -29.00 Cr | -43.00 Cr | -49.00 Cr | -52.00 Cr | -25.35 Cr | -46.77 Cr | -22.77 Cr | -35.57 Cr | -267.92 Cr |
| EBITDA | -50.00 Cr | -133.00 Cr | -18.00 Cr | -6.00 Cr | -12.00 Cr | -28.00 Cr | -34.00 Cr | -37.00 Cr | -4.38 Cr | -13.67 Cr | -2.50 Cr | -14.67 Cr | -119.86 Cr |
| Interest Expense | 357.00 Cr | 394.00 Cr | 389.00 Cr | 5.00 Cr | 10.00 Cr | 10.00 Cr | 6.00 Cr | 2.00 Cr | 2.46 Cr | 2.35 Cr | 2.28 Cr | 2.91 Cr | 4.78 Cr |
| Pretax Income | -426.00 Cr | -589.00 Cr | -586.00 Cr | -27.00 Cr | -39.00 Cr | -51.00 Cr | -53.00 Cr | -53.00 Cr | -22.75 Cr | -31.17 Cr | -19.86 Cr | -33.11 Cr | -142.15 Cr |
| Tax Provision | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | -426.00 Cr | -589.00 Cr | -586.00 Cr | -27.00 Cr | -39.00 Cr | -51.00 Cr | -53.00 Cr | -53.00 Cr | -22.75 Cr | -31.17 Cr | -19.86 Cr | -33.11 Cr | -142.15 Cr |
| Diluted EPS | -5.77 | -7.98 | -7.94 | -5.21 | -7.37 | -9.77 | -10.13 | -10.13 | -4.32 | -5.84 | -3.77 | -6.28 | -26.98 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 912.00 Cr | 312.00 Cr | 563.00 Cr | 378.00 Cr | 180.00 Cr | 75.00 Cr | 6.00 Cr | - | 3.16 Cr | 0 | 7.03 Cr | 282.14 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 9.52 Cr | 7.26 Cr | 3.08 Cr | 475.75 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | -6.36 Cr | -7.26 Cr | 3.95 Cr | -193.61 Cr |
| Operating Expenses | 830.00 Cr | 459.00 Cr | 529.00 Cr | 557.00 Cr | 266.00 Cr | 253.00 Cr | 30.00 Cr | - | 94.75 Cr | 90.17 Cr | 172.79 Cr | 179.42 Cr |
| Operating Income | -123.00 Cr | -368.00 Cr | -174.00 Cr | -387.00 Cr | -156.00 Cr | -250.00 Cr | -98.00 Cr | - | -101.12 Cr | -97.43 Cr | -168.84 Cr | -373.03 Cr |
| EBITDA | 81.00 Cr | -147.00 Cr | 34.00 Cr | -179.00 Cr | -86.00 Cr | -178.00 Cr | -24.00 Cr | - | 19,470.11 Cr | -26.53 Cr | -99.21 Cr | -150.32 Cr |
| Interest Expense | 487.00 Cr | 537.00 Cr | 626.00 Cr | 754.00 Cr | 1,368.00 Cr | 1,469.00 Cr | 2,032.00 Cr | - | 1,464.89 Cr | 26.37 Cr | 20.93 Cr | 12.32 Cr |
| Pretax Income | -578.00 Cr | -871.00 Cr | -760.00 Cr | -1,224.00 Cr | -10,536.00 Cr | -1,761.00 Cr | -3,427.00 Cr | - | 17,936.93 Cr | -121.36 Cr | -181.03 Cr | -225.91 Cr |
| Tax Provision | 208.08 Cr | 278.72 Cr | 182.40 Cr | 208.08 Cr | -421.44 Cr | -0 | -0 | - | 0 | 0 | 0 | 0 |
| Net Income | -371.00 Cr | -592.00 Cr | -577.00 Cr | -1,012.00 Cr | -10,927.00 Cr | -1,761.00 Cr | -3,427.00 Cr | - | 17,937.14 Cr | -120.59 Cr | -181.03 Cr | -225.91 Cr |
| Diluted EPS | -5.03 | -8.05 | -7.84 | -13.72 | -148.14 | -23.87 | -46.46 | - | 66,875.98 | -449.62 | -51.51 | -42.88 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 11,427.00 Cr | 11,821.00 Cr | 12,422.00 Cr | 12,994.00 Cr | 4,146.00 Cr | 4,747.00 Cr | 3,807.00 Cr | - | 2,785.42 Cr | 2,743.42 Cr | 2,891.77 Cr | 3,167.19 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,419.08 Cr | 1,433.86 Cr | 1,474.68 Cr | 1,463.97 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 8.10 Cr | 18.21 Cr | 28.38 Cr | 184.02 Cr |
| Inventory | - | - | - | - | - | - | - | - | 1,405.15 Cr | 1,405.40 Cr | 1,401.11 Cr | 952.08 Cr |
| Receivables | - | - | - | - | - | - | - | - | 0 | 0 | 45.66 L | 12.32 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 2,238.18 Cr | 2,266.77 Cr | 2,596.16 Cr | 3,097.56 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 306.38 Cr | 567.40 Cr | 292.01 Cr | 326.39 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 1,850.00 Cr | 1,625.74 Cr | 2,243.69 Cr | 2,725.06 Cr |
| Total Debt | 6,893.00 Cr | 8,306.00 Cr | 9,456.00 Cr | 10,689.00 Cr | 11,780.00 Cr | 12,918.00 Cr | 15,433.00 Cr | - | 2,147.50 Cr | 2,218.69 Cr | 2,505.25 Cr | 2,787.51 Cr |
| Total Equity | 2,616.00 Cr | 2,025.00 Cr | 1,447.00 Cr | 444.00 Cr | -10,421.00 Cr | -12,177.00 Cr | -15,304.00 Cr | - | 547.24 Cr | 476.65 Cr | 295.61 Cr | 69.64 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 26.82 L | 5.27 Cr | 5.27 Cr | 5.27 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 432.00 Cr | -598.00 Cr | -318.00 Cr | -224.00 Cr | -113.00 Cr | -1,183.00 Cr | 710.00 Cr | - | 1,428.33 Cr | -70.14 Cr | -96.21 Cr | 182.06 Cr |
| Investing Cash Flow | -1,069.00 Cr | -25.00 Cr | -122.00 Cr | -15.00 Cr | -16.00 Cr | 49.00 Cr | -1.00 Cr | - | 11.68 Cr | -10.87 Cr | -161.69 Cr | -439.80 Cr |
| Financing Cash Flow | 617.00 Cr | 644.00 Cr | 429.00 Cr | 280.00 Cr | 102.00 Cr | 1,099.00 Cr | -707.00 Cr | - | -1,459.73 Cr | 91.12 Cr | 268.07 Cr | 413.38 Cr |
| Capital Expenditure | -970.00 Cr | -27.00 Cr | -109.00 Cr | -19.00 Cr | -1.00 Cr | 21.00 Cr | 0 | - | - | -10.22 Cr | -162.77 Cr | -77.77 Cr |
| Free Cash Flow | -538.00 Cr | -625.00 Cr | -427.00 Cr | -243.00 Cr | -114.00 Cr | -1,162.00 Cr | 710.00 Cr | - | 1,428.33 Cr | -80.36 Cr | -258.98 Cr | 104.29 Cr |
| Net Change in Cash | -20.00 Cr | 20.00 Cr | -10.00 Cr | 41.00 Cr | -27.00 Cr | -35.00 Cr | 1.00 Cr | - | -19.72 Cr | 10.11 Cr | 10.17 Cr | 155.64 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | -201.3% | - | 56.1% | -68.6% |
| Operating Margin % | -13.5% | -117.9% | -30.9% | -102.4% | -86.7% | -333.3% | -1,633.3% | - | -3,198.8% | - | -2,400.1% | -132.2% |
| Net Margin % | -40.7% | -189.7% | -102.5% | -267.7% | -6,070.6% | -2,348.0% | -57,116.7% | - | 567,451.5% | - | -2,573.4% | -80.1% |
| ROE % | -14.2% | -29.2% | -39.9% | -227.9% | 104.9% | 14.5% | 22.4% | - | 3,277.7% | -25.3% | -61.2% | -324.4% |
| ROCE % | - | - | - | - | - | - | - | - | -4.1% | -4.5% | -6.5% | -13.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SWANDEF
SWANDEF Stock Price and Chart — NSE:SWANDEF - TradingView
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Swan Defence and Heavy Industries Ltd Financial Statements – NSE:SWANDEF - TradingView
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SWANDEF — Frequently Asked Questions
What is the current share price of SWAN DEFENCE N HEVY IND L (SWANDEF)?
As of 2026-07-27 05:56 IST, SWAN DEFENCE N HEVY IND L (SWANDEF) trades at ₹2,427.70 on NSE. Its 52-week range is ₹277.79 to ₹2,428.30.
What is the market capitalisation of SWANDEF?
SWAN DEFENCE N HEVY IND L (SWANDEF) has a market capitalisation of ₹12,789.65 Cr on NSE.
What is the P/E ratio of SWANDEF?
SWANDEF trades at a trailing price-to-earnings (P/E) ratio of -56.62. The industry average P/E is 29.17. Its price-to-book (P/B) ratio is 48.49.
Is SWANDEF a good stock to buy?
This page provides a data-driven analysis of SWAN DEFENCE N HEVY IND L (SWANDEF), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.