Swan Corp Ltd logo

Swan Corp Ltd

SWANCORP NSE

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]

AI Verdict: HOLD Confidence: 4%

Swan Corp shows strong 5-year profit CAGR of 43% and recent debt reduction, but extremely poor ROE of 1.46% over 3 years, high promoter pledge at 36.9%, and a steep 1-year stock decline of -28% signal significant fundamental and governance risks. At a PE of 37.6x with weak return ratios, the risk-reward is unfavorable for fresh entry.

Key Fundamentals

MicrocapDiversified GroupDiversified
Market Cap
₹10,161 Cr
Volatility
Moderate
P/E Ratio
36.37
EBITDA
₹-204 Cr
Return on Equity
-1.63%
Debt to Equity
0.46
Book Value
₹240.43
EPS
₹9.61
52W High
₹526.7
52W Low
₹295.65

Technical Indicators

Key Insights

Strengths

2
  • Company has reduced debt.
  • Company has delivered good profit growth of 43.1% CAGR over last 5 years

Weaknesses

7
  • Company has a low return on equity of 1.46% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 36.9% of their holding.
  • Earnings include an other income of Rs.774 Cr.
  • Company has high debtors of 188 days.
  • Promoter holding has decreased over last 3 years: -10.1%
  • Working capital days have increased from 105 days to 149 days

Growth Rate

Revenue Growth
-36.50% ↘
Net Income Growth
-69.17% ↘
Cash Flow Change
-2144.30% ↘
ROE
34.25% ↗
ROCE
96.89% ↘
EBITDA Margin (Avg.)
-115.11% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 20d ago
HOLD
Risk high

Swan Corp shows strong 5-year profit CAGR of 43% and recent debt reduction, but extremely poor ROE of 1.46% over 3 years, high promoter pledge at 36.9%, and a steep 1-year stock decline of -28% signal significant fundamental and governance risks. At a PE of 37.6x with weak return ratios, the risk-reward is unfavorable for fresh entry.

Bull Case 7
  • Compounded profit growth of 43% CAGR over 5 years demonstrates strong earnings momentum
  • TTM profit growth of 190% indicates a sharp recovery in recent earnings
  • Company has actively reduced debt, improving balance sheet health
  • 10-year stock CAGR of 19% shows long-term wealth creation track record
  • 3-year compounded sales growth of 45% reflects robust top-line expansion
  • 5-year compounded sales growth of 69% indicates sustained demand for its commodities business
  • Last year ROE improved to 4% from 3-year average of 1%, suggesting turnaround in capital efficiency
Bear Case 8
  • 3-year average ROE of just 1.46% is extremely poor for a company trading at 37.6x PE
  • Promoters have pledged 36.9% of their holding, signaling financial stress or over-leveraging at promoter level
  • Promoter holding has decreased by 10.1% over last 3 years, indicating lack of promoter confidence
  • Earnings include other income of Rs.774 Cr, raising concerns about core operating profit quality
  • Stock has declined 28% in the last 1 year, significantly underperforming broader markets
  • High debtor days of 188 days indicate poor receivables management and potential cash flow stress
  • Working capital days have increased from 105 to 149 days, worsening capital efficiency
  • TTM sales degrowth of -11% shows recent revenue contraction despite prior years of expansion

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 20d ago
Positives 3
  • Q4 profit turnaround May 30

    Swan Corp swung to a net profit of ₹2,513.26 lakh in Q4FY26, reversing a loss of ₹223.47 lakh in Q4FY25. Total income from operations rose to ₹1,50,858.39 lakh for the quarter.

  • FY26 dividend declared May 29

    Board announced a dividend of Re. 0.15 per share for FY26 with record date set for August 28, 2026.

  • Full-year profit of ₹2,712.81L May 30

    FY26 consolidated net profit after tax stood at ₹2,712.81 lakh on total income of ₹5,14,351.46 lakh, confirming a return to profitability.

Neutral 3
  • Whole-Time Director re-appointed May 29

    Mr. Sugavanam Padmanabhan re-appointed as Whole-Time Director for three years; internal and cost auditors appointed for FY27.

  • Two independent directors added May 19

    Ms. Bhagwati Sharma and Mr. Ashish Chhabria appointed as Non-Executive Independent Directors via postal ballot concluded May 19, 2026.

  • Board meet for FY26 results May 18

    Board meeting scheduled for May 29 to consider audited Q4 and FY26 financials and recommend a final dividend.

TL;DR: Swan Corp delivered a strong turnaround in Q4FY26, flipping from a loss to a net profit of ₹2,513.26 lakh, and declared a modest dividend. No material headwinds emerged in the recent news cycle. Board-level appointments signal governance continuity. The trend is clearly improving, with profitability restored and shareholder returns resuming, though the thin dividend suggests management is conserving capital for operations.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
933
804
1,223
1,592
1,398
1,142
1,032
1,908
856
1,213
1,138
1,150
870
Expenses
749
567
966
1,336
1,280
761
912
2,564
842
1,186
1,133
1,125
1,131
Operating Profit
184
237
257
256
118
381
120
-656
14
27
5
25
-261
OPM %
20%
30%
21%
16%
8%
33%
12%
-34%
2%
2%
0%
2%
-30%
Other Income
4
4
7
63
9
20
31
1,869
24
59
47
28
639
Interest
62
57
58
58
53
53
66
45
23
22
21
18
20
Depreciation
27
27
27
27
34
28
28
61
31
30
30
31
32
PBT
100
157
178
234
40
321
57
1,107
-15
34
1
4
327
Tax %
38%
8%
7%
6%
-40%
16%
-17%
49%
45%
20%
1044%
129%
23%
Net Profit
62
145
166
220
56
268
67
562
-22
27
-6
-1
251
EPS in Rs
0.21
2.8
3.2
4.36
0.85
4.43
1.64
18.59
-0.57
0.61
-0.12
-0.31
8.57
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
314
332
351
347
892
341
320
487
1,438
5,017
4,938
4,371
Expenses
284
304
317
312
814
289
252
419
1,207
4,149
5,079
4,575
Operating Profit
31
28
33
35
78
52
68
68
231
868
-141
-204
OPM %
10%
8%
10%
10%
9%
15%
21%
14%
16%
17%
-3%
-5%
Other Income
14
7
13
110
19
9
4
7
11
82
1,944
774
Interest
30
24
32
58
54
50
108
189
223
226
186
81
Depreciation
10
11
12
14
14
15
42
70
81
115
147
124
PBT
5
0
3
73
29
-4
-78
-184
-62
609
1,470
365
Tax %
43%
229%
78%
25%
121%
14%
-12%
-14%
-2%
4%
41%
26%
Net Profit
3
0
1
55
-6
-5
-69
-158
-61
586
874
271
EPS in Rs
0.14
-0.01
0.03
2.24
-0.22
-0.2
-2.81
-5.98
-2.31
9.61
24.1
8.75
Div. Payout %
110%
-582%
272%
4%
-46%
-51%
-4%
-2%
-4%
1%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
22
22
22
24
24
24
24
26
26
31
31
31
Reserves
408
408
409
907
899
890
850
1,219
2,257
6,248
7,311
7,505
Borrowings
705
817
821
912
1,077
1,206
3,077
4,117
4,985
3,449
2,823
2,103
Other Liabilities
554
538
596
793
1,169
1,368
985
1,035
2,956
2,439
3,437
4,213
Total Liabilities
1,690
1,785
1,848
2,636
3,170
3,489
4,936
6,397
10,225
12,168
13,604
13,853
Fixed Assets
373
384
604
577
564
556
2,282
2,238
4,225
4,148
3,734
3,806
CWIP
509
551
313
617
1,224
1,685
1,927
2,389
3,253
3,657
3,870
3,997
Investments
1
2
8
324
149
8
1
3
30
134
668
833
Other Assets
807
848
923
1,118
1,233
1,239
726
1,768
2,717
4,229
5,331
5,218
Total Assets
1,690
1,785
1,848
2,636
3,170
3,489
4,936
6,397
10,225
12,168
13,604
13,853
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-110
123
69
62
42
-95
302
29
-491
26
-529
-14
Investing
-61
-63
-29
-533
-763
-324
-2,001
-494
-860
-512
1,346
294
Financing
173
-45
-29
481
707
427
1,760
1,309
598
1,604
-560
-1,034
Net Cash Flow
2
15
12
10
-14
8
62
843
-752
1,118
257
-754
Free Cash Flow
-173
60
73
-158
-566
-563
-1,709
-462
-3,424
-421
1,311
-221
CFO/OP
-351
443
209
185
71
-172
444
52
-213
4
366
-37
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
67
64
96
60
17
58
33
160
453
139
100
188
Inventory Days
812
793
790
861
74
206
293
192
89
21
146
103
Days Payable
85
69
110
384
19
92
67
232
329
19
70
106
Cash Conversion Cycle
793
788
777
536
71
172
259
120
213
142
176
185
Working Capital Days
316
188
239
229
-220
-428
-1,237
-365
24
104
62
149
ROCE %
3%
2%
3%
3%
3%
2%
1%
0%
2%
8%
-1%
4%

Shareholding Pattern

As of Mar 2026
Promoters 53.96%
Public 14.55%
DIIs 12.89%
FIIs 10.42%
Others 8.19%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Feb 2024Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
64.89%
64.89%
64.89%
64.89%
64.09%
64.09%
64.09%
64.09%
64.09%
64.09%
64.09%
64.09%
53.96%
53.96%
53.96%
53.96%
53.96%
53.96%
53.96%
53.96%
53.96%
53.96%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
8.74%
8.74%
8.70%
17.57%
10.47%
1.90%
11.16%
11.84%
11.79%
10.83%
10.26%
9.36%
8.89%
9.70%
10.42%
DIIs
3.52%
3.52%
3.50%
3.36%
2.89%
2.89%
2.89%
2.91%
2.92%
2.89%
2.90%
5.88%
14.33%
14.34%
14.81%
13.67%
13.19%
13.24%
13.23%
12.90%
12.83%
12.89%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
1.78%
1.65%
2.27%
2.21%
1.86%
2.47%
2.60%
2.67%
3.02%
3.12%
4.59%
9.73%
11.17%
11.55%
11.61%
12.85%
13.14%
14.36%
15.50%
16.07%
15.39%
14.55%
Others
29.82%
29.95%
29.34%
29.54%
31.17%
30.55%
30.42%
21.58%
21.22%
21.20%
10.85%
9.82%
18.64%
8.99%
7.77%
7.73%
8.88%
8.18%
7.95%
8.18%
8.11%
8.19%
No. of Shareholders
0
6,290
6,884
11,139
11,502
9,929
13,997
14,410
18,760
19,493
40,019
56,452
90,095
98,555
94,730
1,23,321
1,37,945
1,50,875
1,60,674
1,60,856
1,44,702
1,37,452

Documents

Frequently Asked Questions about Swan Corp Ltd

What does Swan Corp Ltd do?
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 natura...
Where is Swan Corp Ltd (SWANCORP) listed?
Swan Corp Ltd is listed on the Indian stock exchanges. It is listed on NSE: SWANCORP and BSE: 503310. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Swan Corp Ltd belong to?
Swan Corp Ltd operates in the Commodities sector within the Chemicals & Petrochemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Swan Corp Ltd?
Swan Corp Ltd has a market capitalisation of approximately ₹10160.70 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Swan Corp Ltd?
The Price-to-Earnings (PE) ratio of Swan Corp Ltd is 36.37. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Swan Corp Ltd?
Over the past 52 weeks, Swan Corp Ltd has traded between a low of ₹295.65 and a high of ₹526.7. This range helps investors understand the stock's price volatility and recent trading levels.
Does Swan Corp Ltd pay dividends?
Yes, Swan Corp Ltd has a dividend yield of 0.03%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Swan Corp Ltd?
Swan Corp Ltd has a Return on Equity (ROE) of -1.63%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Swan Corp Ltd on Tapetide?
On Tapetide, you can view Swan Corp Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website swan.co.in
Listed 2012-05-29
Face Value ₹ 1
Issued Size 31,34,56,886

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