Swan Corp Ltd
NSE: SWANCORP BSE: 503310Energy
Swan Energy Limited (SEL) was originally incorporated in 1909 as Swan Mills Ltd. (SML), a manufacturer and marketer of cotton and polyester textile products in India. Over the years, it diversified into Real estate and is developing a Floating Storage and Regasification Units -based liquid natural gas (LNG) import terminal at Jafrabad in Gujarat.[1][2]
₹312
52W: ₹295 — ₹527
PE 527 · Book ₹146 · +114% vs bookMarket Cap₹9,794 Cr
Stock P/E527Price to Earnings
ROCE0.12%Return on Capital
ROE0.07%Return on Equity
Div. Yield0.03%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has been maintaining a healthy dividend payout of 83.9%
Weaknesses
- −The company has delivered a poor sales growth of -15.1% over past five years.
- −Company has a low return on equity of 0.07% over last 3 years.
- −Promoters have pledged 36.9% of their holding.
- −Earnings include an other income of Rs.46.8 Cr.
- −Company has high debtors of 228 days.
- −Promoter holding has decreased over last 3 years: -10.1%
- −Working capital days have increased from 184 days to 569 days
Shareholding Pattern
Promoters53.96%
FIIs10.41%
DIIs12.88%
Public22.72%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% | 53.96% |
| FIIs | 11.84% | 11.79%▼0.1 | 10.82%▼1.0 | 10.25%▼0.6 | 9.36%▼0.9 | 8.89%▼0.5 | 9.7%▲0.8 | 10.41%▲0.7 |
| DIIs | 14.81% | 13.65%▼1.2 | 13.18%▼0.5 | 13.24%▲0.1 | 13.22%▼0.0 | 12.9%▼0.3 | 12.82%▼0.1 | 12.88%▲0.1 |
| Public | 19.37% | 20.58%▲1.2 | 22.02%▲1.4 | 22.53%▲0.5 | 23.45%▲0.9 | 24.25%▲0.8 | 23.5%▼0.8 | 22.72%▼0.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 84.54 | 68 | 119.7 | 39.46 | 25.55 | 28.14 | 42.32 | 48 | 54.7 | 60.17 |
| Expenses | 77.89 | 63.69 | 121.32 | 48.17 | 24.29 | 27.13 | 47.17 | 52.21 | 61.62 | 63.55 |
| Operating Profit | 6.65 | 4.31 | -1.62 | -8.71 | 1.26 | 1.01 | -4.85 | -4.21 | -6.92 | -3.38 |
| OPM % | 7.87% | 6.34% | -1.35% | -22.07% | 4.93% | 3.59% | -11.46% | -8.77% | -12.65% | -5.62% |
| Net Profit | 0.58 | 0.36 | 0.18 | 3.25 | 1.22 | 1.57 | 3.02 | 7.72 | 5.61 | 2.22 |
| EPS ₹ | 0.02 | 0.01 | 0.01 | 0.1 | 0.04 | 0.05 | 0.1 | 0.25 | 0.18 | 0.07 |
AI Insights
Revenue Trend
TTM revenue at ₹205Cr, up 51.9% YoY. OPM at -9%.
Debt Position
Borrowings at ₹373Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
Institutional Flow
DIIs: 12.88% (+9.99pp change). FIIs: 10.41% (-6.71pp change). Promoters hold 53.96%.
Margin & Efficiency
ROCE declining from 6% (Mar 2014) to 0% (Mar 2025). Working capital days: 569.
Valuation
PE 527x with 0.12% ROCE. Price is 114% above book value of ₹146. Dividend yield: 0.03%.
Recent Announcements
- Non-Applicability Of Disclosure Of Large Entity/Large Corporate For The Financial Year Ended March 2026. 30 Apr - Swan Corp says Large Corporate disclosure framework is not applicable.
- Clarification On Significant Increase In The Volume 17 Apr - Company clarifies volume spike, stating all disclosures were already made.
- Clarification sought from Swan Corp Ltd 17 Apr - Exchange has sought clarification from Swan Corp Ltd on April 17, 2026, with reference to Movement in Volume.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 16 Apr - Postal ballot for appointing Bhagwati Sharma and Ashish Chhabria as independent directors; e-voting closes 19 May 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse