SWELECTES
Swelect Energy Systems financials
- Market cap
- ₹860 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue up 80.3%, net profit up 375.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 108 | 111 | 66 | 95 −35% | 67 −38% | 149 +34% | 119 +80% |
| EBITDA | 11 | 12 | 3 | 6 | 12 +9% | 8 −33% | 19 +533% | 25 +317% |
| Net profit | 5 | -3 | 0 | 4 | 6 +20% | 2 +167% | 8 | 19 +375% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −22.8% 1Y
1Y: ₹734.6 on 10 Sept 2025 → ₹567.4. High ₹934.25 (10 Oct 2025), low ₹496.45 (9 Mar 2026).
Financials, as filed
Revenue grew 8.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 11.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹297 Cr | ₹247 Cr | ₹431 Cr | ₹377 Cr |
| Operating profit | ₹62 Cr | ₹38 Cr | ₹33 Cr | ₹45 Cr |
| Operating margin | 21.0% | 15.4% | 7.7% | 11.9% |
| Interest | ₹29 Cr | ₹34 Cr | ₹33 Cr | ₹32 Cr |
| Depreciation | ₹25 Cr | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Net profit | ₹8 Cr | ₹51 Cr | ₹9 Cr | ₹20 Cr |
| Net margin | 2.7% | 20.6% | 2.1% | 5.3% |
| Cash from operations | ₹9 Cr | ₹-24 Cr | ₹31 Cr | ₹75 Cr |
| Free cash flow | ₹-11 Cr | ₹-41 Cr | ₹-4 Cr | ₹-58 Cr |
| ROCE | 5.0% | 6.0% | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹666 Cr | ₹695 Cr | ₹720 Cr | ₹772 Cr | ₹878 Cr | ₹789 Cr |
| Borrowings | ₹275 Cr | ₹290 Cr | ₹366 Cr | ₹358 Cr | ₹666 Cr | ₹439 Cr |
| Other liabilities | ₹101 Cr | ₹194 Cr | ₹98 Cr | ₹177 Cr | ₹220 Cr | ₹223 Cr |
| Total liabilities | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.8k Cr | ₹1.5k Cr |
| Fixed assets | ₹273 Cr | ₹265 Cr | ₹250 Cr | ₹266 Cr | ₹801 Cr | ₹326 Cr |
| Capital work in progress | ₹3 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹49 Cr | ₹77 Cr |
| Investments | ₹416 Cr | ₹474 Cr | ₹523 Cr | ₹459 Cr | ₹281 Cr | ₹572 Cr |
| Other assets | ₹364 Cr | ₹455 Cr | ₹424 Cr | ₹597 Cr | ₹648 Cr | ₹492 Cr |
| Total assets | ₹1.1k Cr | ₹1.2k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹1.8k Cr | ₹1.5k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +0.53 pp while the public trimmed −0.48 pp. The shareholder count shrank 14% to 27,232.
- Promoters
- 56.4%
- FIIs
- 0.6%
- Public
- 43.1%
Since Jun 2025
- FIIs +0.53 pp
- Public −0.48 pp
- DIIs −0.04 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 56.4%, FIIs 0.1%, DIIs 0.4%, Public 43.2%.Dec '23: Promoters 56.4%, FIIs 0.0%, Public 43.6%.Mar '24: Promoters 56.4%, FIIs 0.1%, DIIs 0.5%, Public 43.1%.Jun '24: Promoters 56.4%, FIIs 0.1%, DIIs 0.2%, Public 43.3%.Sep '24: Promoters 56.4%, FIIs 0.1%, Public 43.6%.Dec '24: Promoters 56.4%, FIIs 0.1%, Public 43.5%.Mar '25: Promoters 56.4%, FIIs 0.1%, DIIs 0.0%, Public 43.5%.Jun '25: Promoters 56.4%, FIIs 0.1%, DIIs 0.0%, Public 43.5%.Sep '25: Promoters 56.4%, FIIs 0.0%, Public 43.6%.Dec '25: Promoters 56.4%, FIIs 0.2%, Public 43.4%.Mar '26: Promoters 56.4%, FIIs 0.2%, Public 43.4%.Jun '26: Promoters 56.4%, FIIs 0.6%, Public 43.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Swelect Energy Systems Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Chellappan R | 48.80% | unchanged |
| Balan A | 3.10% | unchanged |
| Zen Securities Ltd | 2.05% | unchanged |
| Ketan Chhaganlal Dedhia | 1.72% | unchanged |
| Vattur S Rajendran | 1.40% | unchanged |
| Hitesh Satishchandra Doshi | 1.28% | unchanged |
| Pratiksha Satishchandra Doshi | 1.18% | −0.33 pp |
| V C Raghunath | 1.16% | unchanged |
| Nachiappan K V | 1.09% | unchanged |
| Gunasundari C | 0.81% | unchanged |
| Mirunalini V C | 0.47% | unchanged |
| Raghunath V C | 0.39% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Swelect Energy Systems Limited
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