Swan Defence and Heavy Industries Limited

Capital Goods · Industrial Manufacturing

NSE: SWANDEF BSE: 533107
₹2756.60
▲ 52.20 (1.93%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
0/100
Weak
Valuation
—/100
Expensive
Momentum
54/100
Neutral

QVM read Mixed signals Quality Weak, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Swan Defence and Heavy Industries Limited formerly known as Reliance Naval and Engineering Limited, Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited (PSL) and Pipavav Defence & Offshore Engineering Company Limited is an Indian shipbuilding and heavy industry company. The shipyard is located near the village of Pipavav in Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar. The company was the first private sector company in India to obtain a license and contract to build warships and owns the largest shipyard in India.

Source: Wikipedia

Key Metrics

Market Capitalization
₹14,522 Cr
PE (TTM)
Data unavailable.
Price to Book
208.5
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
2.61%
FII + DII, latest filed period
Piotroski Score
5
Relative return vs Nifty50, qtr %
84.3
Relative return vs Sector, qtr %
31.3
Free Cash Flow
₹182 Cr
as of March 31, 2026
Industry median ₹-0 Cr (164 companies)
EPS Growth (YoY)
-33.45%
as of June 30, 2026
Industry median 4.14% (134 companies)
Net Profit Growth (TTM)
-47.58%
as of June 30, 2026
Industry median 11.36% (126 companies)
Operating Revenue Growth (TTM)
4092.36%
as of June 30, 2026
Industry median 7.84% (125 companies)
Profit Growth (YoY)
-33.46%
as of June 30, 2026
Industry median 5.87% (130 companies)
Revenue Growth (YoY)
7188.33%
as of June 30, 2026
Industry median 11.49% (120 companies)
Current Ratio
4.49
as of March 31, 2026
Industry median 1.96 (164 companies)
Debt to Equity
39.13
as of March 31, 2026
Industry median 0.15 (138 companies)
Interest Coverage
-8.00
as of June 30, 2026
Industry median 5.50 (134 companies)
Net Margin
-135.90%
as of June 30, 2026
Industry median 6.02% (130 companies)
Operating Margin (EBIT)
-82.06%
as of June 30, 2026
Industry median 10.50% (130 companies)
Operating Margin (TTM)
-67.71%
as of June 30, 2026
Industry median 9.63% (134 companies)
Return on Assets
-7.13%
as of March 31, 2026
Industry median 4.93% (131 companies)
Return on Capital Employed
-7.57%
as of March 31, 2026
Industry median 11.02% (133 companies)
Return on Equity
-324.41%
as of March 31, 2026
Industry median 8.85% (131 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

3 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 5)
  • No Debt to equity is below 0.5 (39.13)
  • No Return on equity is 15% or more (-324.4%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

4 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

2 of 3 met
  • Yes 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

2 of 5 met
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • Yes Price is above the 5, 10 and 20 day averages
  • Yes Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
1.9%
Low 2663.0000 · High 2791.2000
1W return
-0.7%
Low 2575.0000 · High 2791.2000
1M return
12.6%
Low 2314.0000 · High 2804.9000
52W return
354.9%
Low 636.2000 · High 2804.9000
Lifetime High ₹2776.2000 (Sept. 23, 2026)
Lifetime Low ₹37.8000 (Jan. 21, 2025)

Full price history and technicals →

EMA & SMA

Bullish6
Bearish0
5D
2712.9
10D
2696.7
20D
2646.6
50D
2515.2
100D
2285.6
200D
1813.5

Delivery and volume

Day avg. delivery
100.0%
Week avg. delivery
100.0%
Month avg. delivery
100.0%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

2736.93
Pivot
First resistance2810.87
Second resistance2865.13
Third resistance2939.07
First support2682.67
Second support2608.73
Third support2554.47
Day RSI62.2
Day MFI69.5
Day MACD69.39
Day MACD signal72.37

Beta

1M1.19
3M0.78
1Y0.33
3Y0.37

Price change analysis

↑ 12.6%
Over 1 Month
LowHigh
2314.002804.90
↑ 22.2%
Over 3 Months
LowHigh
2125.002804.90
↑ 74.0%
Over 6 Months
LowHigh
1505.402804.90
↑ 354.9%
Over 1 Year
LowHigh
636.202804.90
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →

Data unavailable (needs at least 2 historical quarters with both a filed EPS and a matching trading day).

Revenue (June 30, 2026)
₹31 Cr
Net profit (June 30, 2026)
₹-42 Cr
Basic EPS (June 30, 2026)
₹-7.9000

Ranks #11 of 140 in Industrial Manufacturing by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter89.90%
  • Mutual funds1.66%
  • FII/FPI0.68%
  • Other DII0.27%
  • Public7.49%

Largest holders

NameCategoryShares %Shares
Hazel Infra LimitedPromoter89.9000%47361253
QUANT MUTUAL FUND-QUANT ELSS TAX SAVER FUNDPublic1.2500%657922
ZERODHA BROKINGPublic1.0400%550000
VISTRA ITCL INDIA LIMITEDPublic1.0000%527654

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 89.90% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 0.61% to 0.68% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings were unchanged at 1.66% in Jun 2026 qtr

3 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 1 insider trades, 2 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
24 Mar 2026 Hazel Infra Limited Promoter Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
9 Jul 2021 IL & FS FINANCIAL SERVICES LIMITED Bulk Sell 8,805,007 4.1200 BSE
22 Oct 2020 TOPGAIN FINANCE PRIVATE LIMITED Bulk Sell 3,018,114 1.7100 BSE
22 Oct 2020 TOPGAIN FINANCE PRIVATE LIMITED Bulk Buy 3,805,002 1.6900 BSE
22 Oct 2020 VORA PRITESH PRAVINCHANDRA Bulk Sell 3,883,740 1.7100 BSE
22 Oct 2020 VORA PRITESH PRAVINCHANDRA Bulk Buy 4,383,740 1.6900 BSE
22 Oct 2020 VALIANT MAURITIUS PARTNERS FDI LTD Bulk Sell 9,127,583 1.6700 BSE
21 Oct 2020 VALIANT MAURITIUS PARTNERS FDI LTD Bulk Sell 5,176,072 1.7600 BSE
12 Jun 2020 ALPHA LEON ENTERPRISES LLP Bulk Buy 68 1.7800 BSE
12 Jun 2020 ALPHA LEON ENTERPRISES LLP Bulk Sell 8,000,068 1.8000 BSE
11 Jun 2020 ALPHA LEON ENTERPRISES LLP Bulk Buy 29 1.7400 BSE

All bulk and block deals →

Corporate Actions

Full history (4 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
—NAME_CHANGEName changed from Pipavav Defence and Offshore Eng Ltd to Reliance Defence and Engineering Limited
—NAME_CHANGEName changed from PIPAVAV SHIPYARD LTD. to Pipavav Defence and Offshore Eng Ltd
—NAME_CHANGEName changed from Reliance Defence and Engineering Limited to Reliance Naval and Engineering Limited
—NAME_CHANGEName changed from Reliance Naval and Engineering Limited to SWAN DEFENCE AND HEAVY INDUSTRIES LIMITED

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
11 Aug 2026 Financial Results Yes
27 May 2026 Financial Results/Fund Raising Yes
4 Feb 2026 Financial Results Yes
12 Nov 2025 Financial Results/Fund Raising/Other business matters Yes
1 Aug 2025 Financial Results/Other business matters Yes

Corporate Announcements

All 143 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
1 Oct 2026 Company Update Swan Defence And Heavy Industries Ltd - 533107 - Announcement under Regulation 30 (LODR)-Change in Management
1 Oct 2026 Appointment Swan Defence and Heavy Industries Limited has informed the Exchange regarding Appointment of Mr Venu Avadhanula as Chief Operating Officer (Senior Management Personnel) of the company w.e.f. October 01, 2026.
28 Sep 2026 Insider Trading / SAST Swan Defence And Heavy Industries Ltd - 533107 - Closure of Trading Window
28 Sep 2026 Trading Window Swan Defence and Heavy Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
17 Sep 2026 Amalgamation/Merger Swan Defence and Heavy Industries Limited has informed the Exchange about the effective date of the Scheme of Amalgamation Triumph Offshore Private Limited ("Transferor Company") and Swan Defence and Heavy Industries Limited ("Transferee Company") and their respective shareholders and creditors ( Scheme ) being 17th September, 2026.
16 Sep 2026 Company Update Swan Defence And Heavy Industries Ltd - 533107 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Swan Defence and Heavy Industries Limited has informed the Exchange about Schedule of Investors' meet
12 Sep 2026 Company Update Swan Defence And Heavy Industries Ltd - 533107 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Swan Defence and Heavy Industries Limited has informed the Exchange about Schedule of Investors meet
2 Sep 2026 Shareholders meeting Swan Defence and Heavy Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 02, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong revenue growth YoY (7188.3%)

Weaknesses

  • Low Return on Equity (-324.4%)
  • Thin net profit margin (-135.9%)
  • High financial leverage (Debt/Equity 39.13)
  • Declining profit YoY (-33.5%)

Opportunities

Data unavailable.

Threats

  • Weak interest coverage (-8.0x) -- limited cushion against rising rates

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Swan Defence and Heavy Industries Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.