| ₹ 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 |
|---|
| 7,542 | — | — | — | — | 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 | ||
| 10,066 | — | — | — | — | ||
| 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 | — | — | — | — | 7,541.8 | |
| - 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 | — | — | — | — | 10,066.1 | |
| 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 29 October 2026 close · figures from the company's filings with NSE
Swan Corp (NSE: SWANCORP) had a market capitalisation of ₹6,539 crore at the 29 October 2026 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 29 October 2026 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 29 October 2026 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 29 October 2026 close.
Swan Corp's market capitalisation was ₹6,539 crore at the 29 October 2026 close: 27.32 crore shares at ₹239.35 each.
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.
In 2026, Swan Corp has declared one dividend: ₹0.15 with record date 28 August 2026.
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 29 October 2026 close was ₹239.35.
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'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%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Swan Corp's PE ratio is 23.9, the third highest of the four: Anupam Rasayan India 79.1, Atul 22.3 and S H Kelkar and 26.1, a peer average of 42.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Swan Corp's basic earnings per share (EPS) were ₹8.65 in FY26, against ₹28.83 in FY25.
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.
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.
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.
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%).
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%). At the 29 October 2026 close, Swan Corp's market capitalisation was ₹6,539 crore against ₹13,457 crore for Anupam Rasayan India, and its PE ratio on FY26 profit 23.9 against 79.1.
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, and NSE prices (the latest used here: the 29 October 2026 close). 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.