| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,014 | 1,213 | −16.4% |
| EBITDA | −3.8 | 26.7 | — |
| EBITDA margin | −0.4% | 2.2% | −2.6 pts |
| Profit before tax | −34.9 | 33.3 | — |
| Net profit | −36.0 | 27.0 | — |
| EPS | −₹1.15 | ₹0.84 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 7,503 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,238 | 1,238 | 798 | 1,325 | 162 | ||
| 1,658 | 1,658 | 1,578 | 1,745 | 1,451 | ||
| 2,103 | 2,103 | 2,802 | 3,440 | 4,765 | ||
| 10,027 | — | — | — | — | ||
| 4,172 | 4,371 | 4,938 | 5,017 | 1,438 | ||
| — | −11.5% | −1.6% | +248.9% | — | ||
| −234 | −204 | −141 | 868 | 231 | ||
| −5.6% | −4.7% | −2.9% | 17.3% | 16.1% | ||
| −359 | −328 | −289 | 753 | 150 | ||
| 208 | 271 | 874 | 586 | −61.0 | ||
| 5.0% | 6.2% | 17.7% | 11.7% | −4.2% | ||
| ₹7.13 | ₹8.75 | ₹24.10 | ₹9.61 | −₹1.95 | ||
| — | −63.7% | +150.8% | +593.3% | — | ||
| — | −14.5 | −529 | 25.9 | −491 | ||
| — | −210 | −472 | −44.1 | −2,070 | ||
| −224 | −224 | −1,001 | −18.3 | −2,561 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 7,502.6 | |
| - Cash, Equiv & ST Investments | 162.5 | 1,324.6 | 798.1 | 1,237.5 | 1,237.5 | |
| + Minority Interest | 1,451.4 | 1,745.1 | 1,577.6 | 1,658.3 | 1,658.3 | |
| + Total Debt | 4,764.8 | 3,439.9 | 2,801.8 | 2,103.5 | 2,103.5 | |
| Enterprise Value | — | — | — | — | 10,026.9 | |
| Revenue | 1,438.1 | 5,017.1 | 4,937.9 | 4,371.2 | 4,171.8 | |
| Growth %, YoY | — | +248.9 | -1.6 | -11.5 | — | |
| EBITDA | 231.1 | 867.7 | -141.4 | -203.8 | -234.4 | |
| Margin % | 16.07 | 17.29 | -2.86 | -4.66 | -5.62 | |
| EBIT | 149.8 | 752.7 | -288.6 | -327.7 | -358.7 | |
| Net Income | -61.0 | 586.0 | 874.4 | 271.3 | 208.3 | |
| Margin % | -4.24 | 11.68 | 17.71 | 6.21 | 4.99 | |
| EPS, Adj (current shares) | -1.95 | 9.61 | 24.10 | 8.75 | 7.13 | |
| Growth %, YoY | — | +593.3 | +150.8 | -63.7 | — | |
| Cash from Operations | -490.9 | 25.9 | -528.9 | -14.5 | — | |
| Capital Expenditures | -2,070.1 | -44.1 | -471.8 | -209.5 | — | |
| Free Cash Flow | -2,560.9 | -18.3 | -1,000.7 | -224.0 | -224.0 | |
Prices at the previous close · figures from the company's filings with NSE
Swan Corp (NSE: SWANCORP) had a market capitalisation of ₹6,539 crore at the previous close (₹239.35 a share), a PE ratio of 29.2 on the last four quarters' profit and a price-to-book ratio of 0.87. In FY26 its consolidated net profit attributable to shareholders was ₹274 crore on revenue of ₹4,371 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹31.4 crore. Its debt-to-equity ratio was 0.23 on 31 March 2026. Promoters held 53.96% of the shares on 30 September 2026.
Swan Corp's PE ratio is 29.2 at the previous close (₹239.35 a share): a market capitalisation of ₹6,539 crore divided by consolidated net profit attributable to shareholders of ₹224 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹274 crore) it is 23.9.
Swan Corp's price-to-book (PB) ratio is 0.87 at the previous close: a market capitalisation of ₹6,539 crore divided by shareholders' equity (book value) of ₹7,536 crore on 31 March 2026. That is a book value of ₹275.88 per share against a share price of ₹239.35.
Swan Corp's net worth — shareholders' equity in its consolidated balance sheet — was ₹7,536 crore on 31 March 2026, up 2.6% from ₹7,343 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,539 crore at the previous close.
Swan Corp's market capitalisation was ₹6,539 crore at the previous close: 27.32 crore shares at ₹239.35 each.
Swan Corp's basic earnings per share (EPS) were ₹8.65 in FY26, against ₹28.83 in FY25.
In 2026, Swan Corp has declared one dividend: ₹0.15 with record date 28 August 2026.
No. Swan Corp had borrowings of ₹2,103 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.23. Its cash and current investments were ₹1,395 crore, so its net debt was ₹709 crore.
Swan Corp's debt-to-equity ratio was 0.23 on 31 March 2026: borrowings of ₹2,103 crore against total equity of ₹9,195 crore. A year earlier, on 31 March 2025, it was 0.31.
Swan Corp's book value per share was ₹275.88 on 31 March 2026: shareholders' equity of ₹7,536 crore divided by the 27.32 crore shares in issue. The share price at the previous close was ₹239.35.
In FY26, Swan Corp's return on equity (ROE) was 3.7% and its return on capital employed (ROCE) was −3.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.1% and ROCE −2.7%.
On 30 September 2026, Swan Corp's shares were held by promoters 53.96%, foreign portfolio investors (FII/FPI) 10.50%, domestic institutions (DII) 12.83% (including mutual funds at 4.98%) and retail and other non-institutional investors 22.71%. Over the year, FII holding was up 1.61 percentage points from 8.89% and DII holding was down 0.07 percentage points from 12.90%.
In FY26, Swan Corp earned net profit attributable to shareholders of ₹274 crore on revenue of ₹4,371 crore, against ₹170 crore on ₹2,365 crore for Anupam Rasayan India. Swan Corp's operating margin was −7.5% (Anupam Rasayan India 16.3%) and its return on equity 3.7% (Anupam Rasayan India 5.5%).
Promoters held 53.96% of Swan Corp on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Swan Corp generated ₹14.5 crore of cash from operations and spent ₹210 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹224 crore. In FY25 it was −₹1,001 crore.
In FY26 (April 2025–March 2026), Swan Corp's consolidated net profit attributable to shareholders was ₹274 crore, down 63.7% from ₹755 crore in FY25, on revenue from operations of ₹4,371 crore (down 11.5%).
Swan Corp's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net loss ₹31.4 crore, against a profit of ₹19.1 crore in Q1 FY26; revenue from operations ₹1,014 crore, down 16.4% year on year.
Swan Corp will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Anupam Rasayan India, Atul and S H Kelkar and: Swan Corp's operating margin of −7.5% is the lowest of the four (Anupam Rasayan India 16.3%, Atul 11.3%, S H Kelkar and 5.2%; peer average 10.9%); its return on equity of 3.7% is the lowest of the four (Anupam Rasayan India 5.5%, Atul 11.5%, S H Kelkar and 5.3%; peer average 7.4%); its revenue growth over three years of 44.9% a year is the highest of the four (Anupam Rasayan India 13.9% a year, Atul 5.0% a year, S H Kelkar and 12.0% a year; peer average 10.3% a year).
From Swan Corp's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.