Swan Defence and Heavy Industries Limited

Capital Goods · Industrial Manufacturing

NSE: SWANDEF BSE: 533107

About Swan Defence and Heavy Industries Limited

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 facts

BSE symbol533107
NSE symbolSWANDEF
ISININE542F01020
CINL35110GJ1997PLC033193
Listing date20 Jan 2025
Fiscal year end31 Mar
SectorCapital Goods
IndustryIndustrial Manufacturing
AuditorDM & Associates Company Secretaries LLP (Savyasachi Joshi)
Registered officePipavav Shipyard Limited, Pipavav Port, Post Ucchaiya, Via-Rajula,

Financial performance

Full financials →
Fiscal yearMar 26Mar 25Mar 24Mar 23Mar 22
Total income (before exceptional items)440†18†2†8†17†
Net profit-228-182-121†-1,628†-2,086†

₹ Crore. † Summed from the four quarterly filings of that fiscal year.

Board of directors

Current board roster from exchange filings. Director remuneration is not in our data, so it isn't shown.

NameDesignationTerm end
Arvind J. MorbaleExecutive DirectorJune 30, 2026
Nikhil V. MerchantExecutive DirectorJune 30, 2026
Arun SinhaIndependent DirectorJune 30, 2026
Jayaramakrishnan KannanIndependent DirectorJune 30, 2026
Kaiyoze Beji BillimoriaIndependent DirectorJune 30, 2026
Maya Swaminathan SinhaIndependent DirectorJune 30, 2026
Prabhakar Reddy PatilIndependent DirectorJune 30, 2026
Bhavik N. MerchantNon-Executive DirectorJune 30, 2026
Paresh V. MerchantNon-Executive DirectorJune 30, 2026
Vivek P. MerchantNon-Executive DirectorJune 30, 2026

Management, subsidiaries and brands

Key management names, their remuneration, subsidiaries and brand listings are not in the exchange filings we ingest yet, so they are not shown here rather than estimated.