Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy Industries Ltd

2,854.60
INR
-86.90
(-2.95%)
-44.94EPS
115.75BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
9,528.52
3,404.83
1,166.06
2,085.65
1,399.44
668
281.17
23.33
23.56
11.79
- -
2
53.55
59.27
Basic EPS, GAAP
10.24
-1,384.11
-2,212.91
-2,156.15
-3,773.68
-40,738.03
-6,564.67
-12,776.8
-7,777.18
66,875.98
-22.89
-51.51
-42.88
-44.94
Free Cash Flow per Basic Share
-330.05
-2,011.73
-2,333.98
-1,593.78
-907.33
-423.73
-4,411.72
2,645.49
7,483.81
5,325.31
-15.25
-73.68
19.8
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11,162.45
9,771.33
7,563.54
5,404.77
1,653.31
-38,854.99
-45,402.07
-57,058.49
-64,835.66
2,040.32
90.48
56.11
13.22
- -
Tangible Book Value per Share
11,040.18
9,500.2
7,210.67
5,004.63
1,249.45
-39,258.84
-45,440.06
-57,424.35
-65,201.53
2,026.73
89.78
55.3
12.46
- -
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
53
35
53
53
Sales/Revenue/Turnover
25,337
9,115
3,122
5,584
3,753
1,792
754
63
63
32
- -
70
2,821
3,123
Operating Margin (%)
18.24
-1.23
-103.5
-28.16
-100.15
-26.19
-273.33
-1,315.11
-1,590.77
-3,198.85
- -
-2,394.93
-124.51
-116.02
Depreciation Expense
1,665
2,039
2,214
2,079
2,077
705
720
738
740
683
685
609
633
633
Net Income, GAAP
27
-3,705
-5,924
-5,772
-10,120
-109,266
-17,607
-34,269
-20,860
179,371
-1,206
-1,810
-2,259
-2,368
Effective Tax Rate (%)
87.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
0.11
-40.65
-189.78
-103.38
-269.66
-6,098.52
-2,334.8
-54,759.05
-33,005.62
567,451.48
- -
-2,573.56
-80.07
-75.82
Working Capital
-34,662
-18,321
-23,674
-33,984
-95,239
-125,538
-141,855
-167,214
-187,384
11,127
8,665
11,827
11,376
- -
LT Debt
20,966
54,895
59,839
59,583
11,174
2,672
2,622
925
869
19,314
16,989
23,037
27,707
- -
Total Equity
29,883
26,159
20,248
14,469
4,434
-104,215
-121,775
-153,039
-173,899
5,472
4,766
2,956
696
- -
Return on Invested Capital (%)
0.83
- -
- -
- -
- -
- -
- -
- -
- -
-4,426.67
- -
- -
- -
- -
Return on Capital (%)
0.53
- -
- -
- -
- -
- -
- -
- -
- -
5,333.4
- -
- -
- -
- -
Return on Common Equity (%)
0.11
-13.22
-25.53
-33.25
-107.07
- -
- -
- -
- -
- -
-23.56
-46.89
-123.7
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
168
- -
LT Borrowings
- -
27,251
- -
LT Finance Leases
- -
457
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
73,133
83,912
115,748

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
14,640
- -
Cash, Cash Equivalents & STI
- -
2,889
- -
Accounts Receivable, Net
- -
123
- -
Inventories
- -
9,521
- -
Total Current Liabilities
- -
3,264
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
168
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-272.24%
-43.37%
-76.44%
Free Cash Flow
78.36%
26.08%
-140.27%
Net Income, GAAP
3.84%
-204.96%
24.78%
Sales/Revenue/Turnover
- -
- -
3,910.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
10
12
49
70
2026
4
396
59
2,363
2,821
2027
306
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-9.77
-10.13
-10.13
-4.32
-51.51
2026
-5.84
-3.77
-6.28
-26.98
-42.88
2027
-7.91
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vipin Kumar Saxena
Full Time Employees
1,000
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Uttam House Mumbai MA India 400009
IPO Date
Oct 12, 2009
Website
sdhi.co.in
Business
Swan Defence and Heavy Industries Ltd Swan Defence and Heavy Industries Limited (SWANDEF.NS) operates as India's largest shipyard by capacity, specializing in shipbuilding, ship repair and refits, heavy engineering, and offshore fabrication; it constructs commercial vessels including Panamax bulk carriers up to 74,500 DWT, chemical tankers, offshore supply vessels, jack-up rigs, barges, and defence platforms such as naval offshore patrol vessels, landing platform docks, frigates, corvettes, and coast guard training ships; additionally, it provides heavy engineering solutions like fabrication of goliath cranes, ship-to-shore cranes, turbine components, and modules for offshore oil and gas, renewable energy, and yellow goods projects with an annual steel fabrication capacity of 144,000 metric tons. The company maintains state-of-the-art infrastructure across 600 acres in Pipavav, Gujarat, featuring the world's largest dry dock at 662m x 65m capable of handling vessels up to 400,000 DWT, a 340m x 60m wet basin, and a dedicated 750m x 265m offshore yard with 10,000-tonne load-out capacity, enabling simultaneous multi-vessel construction, repairs for ships and rigs, and year-round operations via 2.41 million sq. ft. of covered fabrication sheds. Founded in 1997 and headquartered in Mumbai as a step-down subsidiary of Swan Energy Limited, it serves domestic and international markets across commercial shipping, defence, and energy sectors with geographic focus on India and global trade routes. Recent developments include a January 2025 name change from Reliance Naval and Engineering Limited, resumption of share trading on NSE and BSE, signing of Letters of Intent for six 18,000 DWT ice-class hybrid chemical tankers with European owner Rederiet Stenersen AS valued at approximately USD220 million with options for six more, strategic MoUs with Samsung Heavy Industries for joint commercial shipbuilding of tankers, gas carriers, and container ships, Gujarat Maritime Board for INR4,250 crore infrastructure modernization, Mazagon Dock Shipbuilders for Indian Navy landing platform docks, Garden Reach Shipbuilders for indigenous commercial shipbuilding, Sagarmala Finance Corporation for financing support, Indian Maritime University for workforce training, and Varex Imaging for cargo inspection systems manufacturing, alongside completion of Indian Coast Guard vessel refits ahead of schedule and a planned USD500 million investment to expand shipbuilding capacity.