Swan Defence and Heavy Industries Limited
Swan Defence and Heavy Industries Limited operates in Ship Building & Allied Services, part of the Industrials sector. It booked ₹31 cr of revenue in its latest quarter (Q1 FY27) and kept -136.2% of sales as profit. It is the 3rd largest of 3 Ship Building & Allied Services companies we track, by market value.
Healthier than 18% of companies in Industrials, on the 4 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 68
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
What today's price implies, against our models or its peers · lowest in its sector on what we could measure
How much of the promoters' stake is pledged, and how much they hold
Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in SWANDEF?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹31 cr |
| Other Income | ₹11 cr |
| Total Income | ₹42 cr |
| Cost of Materials | ₹45.2 L |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹12 cr |
| Finance Costs | ₹16 cr |
| Depreciation & Amortisation | ₹15 cr |
| Other Expenses | ₹39 cr |
| Total Expenses | ₹83 cr |
| Profit before Tax | ₹-42 cr |
| Tax Expense | ₹0 cr |
| Share of JV / Associates | ₹-8.2 L |
| Net Profit | ₹-42 cr |
| Net margin on total income | -100.2% |
The company made a net loss of ₹42 cr this quarter — income covered only ₹50 of every ₹100 it spent on costs and tax.
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 6 cr | 236 cr | 31 cr |
| Total income | 11 cr | 366 cr | 42 cr |
| Expenses | 44 cr | 509 cr | 83 cr |
| Profit before tax | -33 cr | -143 cr | -42 cr |
| Tax | 0 cr | 0 cr | 0 cr |
| Net profit (owners' share) | -33 cr | -142 cr | -42 cr |
| Net margin (owners' share, on revenue) | -563.8% | -60.2% | -136.2% |
| EPS (₹) | 6.28 | -26.98 | -7.91 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Mazagon Dock Shipbuilders Limited | ₹2,210 | ₹89,147 cr | 40.6 | 22.5% | 18.7% | — |
| Cochin Shipyard Limited | ₹1,334 | ₹35,103 cr | 57.9 | 10.3% | 13.8% | — |
| Swan Defence and Heavy Industries Limitedthis company | ₹2,721 | ₹14,334 cr | — | -239.4% | -136.2% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.