Swelect Energy Systems Ltd
SWELECTES NSE
Swelect Energy Systems Ltd
Capital GoodsNSE: SWELECTES BSE: 532051 Electrical Equipment
Key Fundamentals
MicrocapElectrical EquipmentCapital GoodsMarket Cap
₹1,038 Cr
Volatility
High Risk
P/E Ratio
18.93
EBITDA
₹188 Cr
Return on Equity
6.03%
Debt to Equity
0.87
Book Value
₹605.24
52W High
₹977
52W Low
₹483.1
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Swelect Energy Systems Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
4- Stock is trading at 1.14 times its book value
- Company has delivered good profit growth of 19.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.5%
- Debtor days have improved from 50.1 to 33.9 days.
Weaknesses
1- Company has a low return on equity of 1.93% over last 3 years.
Growth Rate
Revenue Growth
3.68% ↘
Net Income Growth
311.43% ↗
Cash Flow Change
-26.60% ↘
ROE
279.25% ↗
ROCE
18.10% ↗
EBITDA Margin (Avg.)
25.76% ↗
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 85 | 48 | 64 | 76 | 114 | 198 | 91 | 219 | 177 | 139 | 139 | 202 |
| Expenses | 50 | 62 | 32 | 40 | 52 | 93 | 169 | 73 | 190 | 136 | 98 | 105 | 167 |
| Operating Profit | 12 | 24 | 17 | 23 | 24 | 21 | 29 | 18 | 29 | 42 | 41 | 33 | 35 |
| OPM % | 19% | 28% | 35% | 37% | 32% | 18% | 15% | 20% | 13% | 24% | 29% | 24% | 18% |
| Other Income | 9 | 13 | 12 | 7 | 45 | 12 | 12 | 9 | 14 | 12 | 9 | 7 | 7 |
| Interest | 8 | 11 | 11 | 12 | 17 | 14 | 15 | 13 | 16 | 14 | 16 | 14 | 17 |
| Depreciation | 7 | 11 | 10 | 10 | 12 | 10 | 10 | 11 | 11 | 12 | 13 | 12 | 13 |
| PBT | 5 | 14 | 8 | 8 | 40 | 9 | 16 | 3 | 16 | 28 | 21 | 14 | 13 |
| Tax % | 15% | 15% | 10% | 2% | 9% | 28% | 43% | 453% | 43% | 24% | 24% | 32% | 13% |
| Net Profit | 4 | 12 | 7 | 8 | 36 | 7 | 9 | -11 | 9 | 21 | 16 | 10 | 11 |
| EPS in Rs | 2.31 | 7.2 | 4.51 | 5.23 | 23.97 | 4.14 | 5.43 | -7.1 | 5.84 | 13.55 | 10.01 | 6.11 | 6.73 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 222 | 276 | 241 | 294 | 228 | 252 | 253 | 391 | 246 | 243 | 622 | 657 |
| Expenses | 214 | 253 | 217 | 261 | 202 | 216 | 202 | 321 | 184 | 159 | 525 | 506 |
| Operating Profit | 8 | 23 | 24 | 34 | 25 | 36 | 51 | 70 | 62 | 84 | 97 | 151 |
| OPM % | 3.5% | 8% | 10% | 11% | 11% | 14% | 20% | 18% | 25% | 35% | 16% | 23% |
| Other Income | 24 | 32 | 36 | 27 | 27 | 4 | 23 | 21 | 2 | 79 | 47 | 34 |
| Interest | 13 | 12 | 10 | 10 | 15 | 17 | 18 | 25 | 30 | 51 | 57 | 61 |
| Depreciation | 17 | 17 | 19 | 23 | 26 | 30 | 28 | 31 | 26 | 42 | 43 | 49 |
| PBT | 2 | 26 | 31 | 27 | 10 | -7 | 28 | 36 | 8 | 70 | 44 | 76 |
| Tax % | 117% | 36% | 30% | 42% | 35% | 45% | 5% | 9% | 18% | 10% | 68% | 24% |
| Net Profit | 0 | 17 | 22 | 16 | 7 | -10 | 26 | 32 | 6 | 63 | 14 | 58 |
| EPS in Rs | -0.25 | 10.89 | 14.23 | 10.45 | 4.49 | -6.71 | 17.2 | 21.37 | 3.65 | 40.88 | 8.31 | 36.39 |
| Div. Payout % | -665% | 24% | 19% | 25% | 37% | -30% | 17% | 14% | 33% | 10% | 36% | 10% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 668 | 672 | 690 | 705 | 716 | 704 | 727 | 760 | 772 | 823 | 842 | 906 |
| Borrowings | 139 | 132 | 114 | 206 | 198 | 228 | 358 | 459 | 550 | 569 | 629 | 798 |
| Other Liabilities | 84 | 57 | 87 | 70 | 70 | 97 | 90 | 166 | 148 | 254 | 263 | 364 |
| Total Liabilities | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,749 | 2,082 |
| Fixed Assets | 290 | 301 | 323 | 376 | 427 | 441 | 463 | 566 | 666 | 717 | 813 | 842 |
| CWIP | 17 | 1 | 3 | 12 | 13 | 11 | 72 | 25 | 32 | 7 | 7 | 162 |
| Investments | 257 | 288 | 257 | 272 | 258 | 242 | 277 | 291 | 285 | 275 | 268 | 276 |
| Other Assets | 337 | 281 | 319 | 331 | 296 | 350 | 380 | 519 | 504 | 663 | 661 | 802 |
| Total Assets | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,749 | 2,082 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -5 | 4 | 29 | 3 | 69 | 28 | 33 | 97 | 131 | 90 | 130 | 95 |
| Investing | 49 | 42 | 18 | -98 | -120 | -30 | -142 | -73 | -284 | -83 | -113 | -198 |
| Financing | 15 | -28 | -52 | 49 | -53 | -4 | 94 | 99 | 11 | 34 | 19 | 50 |
| Net Cash Flow | 59 | 17 | -5 | -47 | -103 | -6 | -15 | 124 | -142 | 40 | 37 | -52 |
| Free Cash Flow | -49 | -82 | 17 | -97 | 1 | -19 | -82 | 11 | -19 | -38 | -7 | -138 |
| CFO/OP | 14 | 43 | 144 | 42 | 300 | 89 | 73 | 149 | 217 | 115 | 142 | 68 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 93 | 109 | 72 | 64 | 78 | 96 | 80 | 99 | 78 | 38 | 34 |
| Inventory Days | 86 | 83 | 157 | 135 | 191 | 209 | 210 | 289 | 412 | 1,034 | 166 | 179 |
| Days Payable | 107 | 91 | 176 | 104 | 173 | 160 | 178 | 231 | 244 | 411 | 108 | 150 |
| Cash Conversion Cycle | 70 | 86 | 90 | 103 | 82 | 128 | 129 | 138 | 267 | 702 | 95 | 63 |
| Working Capital Days | 128 | -15 | -23 | -107 | -175 | -178 | -186 | -99 | -267 | -275 | -62 | -84 |
| ROCE % | 1% | 3% | 5% | 4% | 1% | 2% | 4% | 5% | 4% | 5% | 5% | 8% |
Documents
1
Announcement Under Regulation 30 Of SEBI (LODR) -Commissioning Of 5 MW Solar Power Plant By SWELECT Energy Systems Limited.
2 May - 5 MW solar plant commissioned on 2 May 2026; 10 MW AAI project now completed. 2 May - 5 MW solar plant commissioned on 2 May 2026; 10 MW AAI project now completed.
2
Announcement under Regulation 30 (LODR)-Credit Rating
1 May - CRISIL reaffirmed ratings for ₹345 crore loans and ₹138.5 crore NCDs. 1 May - CRISIL reaffirmed ratings for ₹345 crore loans and ₹138.5 crore NCDs.
3
Announcement Under Regulation 30 Of SEBI (LODR) -Commissioning Of 5 MW Solar Power Plant By SWELECT Energy Systems Limited.
2 May - 5 MW solar plant commissioned on 2 May 2026; 10 MW AAI project now completed. 2 May - 5 MW solar plant commissioned on 2 May 2026; 10 MW AAI project now completed.
4
Announcement under Regulation 30 (LODR)-Credit Rating
1 May - CRISIL reaffirmed ratings for ₹345 crore loans and ₹138.5 crore NCDs. 1 May - CRISIL reaffirmed ratings for ₹345 crore loans and ₹138.5 crore NCDs.
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Apr - SWELECT Energy Systems Limited has informed about Copy of Newspaper Publication regarding Special Window for Transfer and Dematerialization of Physical Securities 17 Apr - SWELECT Energy Systems Limited has informed about Copy of Newspaper Publication regarding Special Window for Transfer and Dematerialization of Physical Securities
Frequently Asked Questions about Swelect Energy Systems Ltd
What does Swelect Energy Systems Ltd do?
Incorporated in 1994, Swelect Energy Systems Ltd is in the business of Solar and Solar
Related Activities[1]
Where is Swelect Energy Systems Ltd (SWELECTES) listed?
Swelect Energy Systems Ltd is listed on the Indian stock exchanges. It is listed on NSE: SWELECTES and BSE: 532051. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Swelect Energy Systems Ltd belong to?
Swelect Energy Systems Ltd operates in the Capital Goods sector within the Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Swelect Energy Systems Ltd?
Swelect Energy Systems Ltd has a market capitalisation of approximately ₹1038.45 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Swelect Energy Systems Ltd?
The Price-to-Earnings (PE) ratio of Swelect Energy Systems Ltd is 18.93. 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 Swelect Energy Systems Ltd?
Over the past 52 weeks, Swelect Energy Systems Ltd has traded between a low of ₹483.1 and a high of ₹977. This range helps investors understand the stock's price volatility and recent trading levels.
Does Swelect Energy Systems Ltd pay dividends?
Yes, Swelect Energy Systems Ltd has a dividend yield of 0.51%. 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 Swelect Energy Systems Ltd?
Swelect Energy Systems Ltd has a Return on Equity (ROE) of 6.03%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Swelect Energy Systems Ltd on Tapetide?
On Tapetide, you can view Swelect Energy Systems 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
Incorporated in 1994, Swelect Energy Systems Ltd is in the business of Solar and Solar Related Activities[1]
Website swelectes.com
CEO Mr. Arthanari Balan
Employees 352
Listed 2006-05-09
Face Value ₹ 10
Issued Size 1,51,58,760