SWISSMLTRY
SWISS MILITARY CONSUMER GOODS financials
- Market cap
- ₹352 Cr
- Sector
- Consumer Durables
Quarterly results
Q1 FY27: revenue down 4.1%, net profit down 30.5% 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 | 54 | 56 | 58 | 54 | 65 +21% | 70 +25% | 62 +8% | 52 −4% |
| EBITDA | 3 | 3 | 3 | 3 | 3 +24% | 3 +14% | 2 −43% | 2 −21% |
| Net profit | 2 | 2 | 3 | 2 | 2 +28% | 2 −18% | 2 −39% | 1 −30% |
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 −43.6% 1Y
1Y: ₹26.43 on 10 Sept 2025 → ₹14.91. High ₹26.43 (10 Sept 2025), low ₹13.02 (30 Mar 2026).
Financials, as filed
Revenue grew 17.8% a year over 2 years, FY24 to FY26. Operating margin held at 4.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹181 Cr | ₹213 Cr | ₹251 Cr |
| Operating profit | ₹9 Cr | ₹11 Cr | ₹11 Cr |
| Operating margin | 4.7% | 5.1% | 4.4% |
| Interest | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹8 Cr | ₹9 Cr | ₹8 Cr |
| Net margin | 4.5% | 4.3% | 3.1% |
| Cash from operations | ₹-2 Cr | ₹-3 Cr | ₹13 Cr |
| Free cash flow | ₹-2 Cr | ₹-40 Cr | ₹10 Cr |
| ROCE | 16.0% | 12.0% | 8.0% |
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 | ₹10 Cr | ₹20 Cr | ₹39 Cr | ₹39 Cr | ₹47 Cr | ₹47 Cr |
| Reserves | ₹-6 Cr | ₹-3 Cr | ₹27 Cr | ₹32 Cr | ₹84 Cr | ₹88 Cr |
| Borrowings | ₹0 Cr | ₹7 Cr | ₹0 Cr | ₹0 Cr | ₹17 Cr | ₹16 Cr |
| Other liabilities | ₹0 Cr | ₹3 Cr | ₹6 Cr | ₹18 Cr | ₹29 Cr | ₹30 Cr |
| Total liabilities | ₹4 Cr | ₹27 Cr | ₹72 Cr | ₹89 Cr | ₹177 Cr | ₹181 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹39 Cr | ₹40 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹2 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Other assets | ₹3 Cr | ₹22 Cr | ₹67 Cr | ₹84 Cr | ₹133 Cr | ₹136 Cr |
| Total assets | ₹4 Cr | ₹27 Cr | ₹72 Cr | ₹89 Cr | ₹177 Cr | ₹181 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 10% to 61,173.
- Promoters
- 63.1%
- Public
- 36.9%
Since Jun 2025
- Public +0.07 pp
- Promoters −0.06 pp
- FIIs −0.02 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 63.9%, Public 36.1%.Dec '23: Promoters 63.9%, Public 36.1%.Mar '24: Promoters 63.9%, FIIs 0.1%, Public 36.1%.Jun '24: Promoters 63.9%, FIIs 0.1%, Public 36.1%.Sep '24: Promoters 63.2%, Public 36.8%.Dec '24: Promoters 63.2%, Public 36.8%.Mar '25: Promoters 63.2%, FIIs 0.0%, Public 36.8%.Jun '25: Promoters 63.2%, FIIs 0.0%, Public 36.8%.Sep '25: Promoters 63.2%, Public 36.8%.Dec '25: Promoters 63.2%, Public 36.8%.Mar '26: Promoters 63.1%, Public 36.9%.Jun '26: Promoters 63.1%, Public 36.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Aaa Business Consultants Llp newly disclosed 3.79% held
- Priya Singh Aggarwal +0.22 pp 1.91% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of SWISS MILITARY CONSUMER GOODS LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anushi Retail Llp | 55.61% | unchanged |
| Ashok Sawhney Foundation | 4.02% | unchanged |
| Aaa Business Consultants Llp | 3.79% | newly disclosed |
| Uninet Strategic Advisory Limited | 3.58% | unchanged |
| Pankaj Shrimali | 2.05% | unchanged |
| Priya Singh Aggarwal | 1.91% | +0.22 pp |
| Madhuri Shrimali | 1.41% | unchanged |
| Swiss Military Lifestyle Products Private Limited | 0.00% | unchanged |
| Ashita Sawhney | 0.00% | unchanged |
| Anuj Sawhney | 0.00% | 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.
What the price assumes
Growth trapTo justify its price of ₹15, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~2%. At that growth it is worth ₹3 — downside of 78%.
- Growth the price implies
- 31.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 2.3% a year
- net profit, FY24–FY26 · EPS 2.3%
- The gap
- 0.3 pp
- -78% downside if it only repeats history
Learn to analyse SWISS MILITARY CONSUMER GOODS LIMITED
Guides on how to read this kind of business and the numbers that matter.