SWELECT Energy Systems
Capital Goods
SWELECTES NSE
₹615.95 +3.95 (+0.65%)
- P/E
- 22.39
Close 4 Nov 2026 ₹615.95 −152.60 −19.9% 1Y
Start ₹768.55
Key Fundamentals
MicrocapElectrical EquipmentCapital GoodsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 8.00%
- Debt to Equity
- 0.87
- EPS (TTM)
- ₹27.51
- Book Value
- ₹605.24
- Market Cap
- —
- P/E (TTM)
- 22.39
- P/B
- 1.02
- ROE
- 5.34%
- Dividend Yield
- 0.57%
- EBITDA
- ₹188 Cr
- 52W High
- ₹821.15
- 52W Low
- ₹483.10
- Day Range
- ₹605.00 – ₹621.95
- Volume
- 4,889
Peer Comparison
Industrials › Capital Goods › Electrical Equipment › Heavy Electrical Equipment
| ₹423.85 | 51.25 | ₹1,46,351 Cr | 5.52 | 0.35% | 6.23% | 9.14% | ₹37,782 Cr | ₹2,878 Cr | |
| ₹6,750.00 | 47.87 | ₹1,40,908 Cr | 15.32 | 1.36% | 22.40% | 29.90% | ₹13,477 Cr | ₹2,988 Cr | |
| ₹841.45 | 96.28 | ₹1,27,312 Cr | 15.17 | 0.16% | 20.50% | 26.70% | ₹13,699 Cr | ₹1,364 Cr | |
| ₹29,100.00 | 112.75 | ₹1,24,045 Cr | 25.06 | 0.03% | 21.90% | 29.40% | ₹9,162 Cr | ₹1,149 Cr | |
| ₹3,509.00 | — | ₹1,22,035 Cr | 9.03 | 0.53% | 19.20% | 21.40% | ₹18,062 Cr | ₹3,276 Cr | |
| ₹4,265.00 | 83.66 | ₹1,04,523 Cr | 33.15 | 0.25% | 57.40% | 77.40% | ₹6,712 Cr | ₹1,305 Cr | |
| ₹2,963.00 | 70.90 | ₹1,01,562 Cr | 21.93 | 0.14% | 50.50% | 67.80% | ₹9,436 Cr | ₹1,489 Cr | |
| SWELECT Energy Systems (this company) | ₹615.95 | 22.39 | ₹923 Cr | 1.02 | 0.57% | 5.34% | 8.00% | ₹611 Cr | ₹44 Cr |
| Median 8 companies | ₹3,236.00 | 70.90 | ₹1,23,040 Cr | 15.25 | 0.30% | 21.20% | 28.05% | ₹11,457 Cr | ₹1,427 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
40 Weak
Data confidence 100/100
Category scores
- Quality
- 46
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 59
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 12
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 18
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 36
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 34
- Poor
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
4- Stock is trading at 1.02 times its book value
- Company has delivered good profit growth of 19.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.5%
- Debtor days have improved from 50.1 to 33.9 days.
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of 1.93% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 1 | 7 | 11 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Bearish
1
Neutral
7
Bullish
1
Overall
Strong Bullish
Bearish
1
Neutral
7
Bullish
11
Moving Averages
Strong Bullish
Bearish
0
Neutral
0
Bullish
10
Key readings
- RSI (14)
- 55.00
- Neutral
- MACD (12,26,9)
- 2.64
- Bullish
- SMA (50)
- 591.03
- Bullish
- SMA (200)
- 597.40
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +9.06% |
|---|---|
| 5Y | +21.03% |
| 3Y | +38.74% |
| 1Y | +5.63% |
| TTM | −10.86% |
Net profit
| 10Y | +13.06% |
|---|---|
| 5Y | +17.41% |
| 3Y | +113.02% |
| 1Y | +314.29% |
| TTM | +54.57% |
Operating cash flow
| 10Y | +37.27% |
|---|---|
| 5Y | +23.55% |
| 3Y | −10.16% |
| 1Y | −26.92% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +14.65 pp |
|---|---|
| 5Y | +2.82 pp |
| 3Y | −2.22 pp |
| 1Y | +7.39 pp |
| TTM | +5.44 pp |
Revenue by year
| Mar 2017 | ₹241 Cr |
|---|---|
| Mar 2018 | ₹294 Cr |
| Mar 2019 | ₹228 Cr |
| Mar 2020 | ₹252 Cr |
| Mar 2021 | ₹253 Cr |
| Mar 2022 | ₹391 Cr |
| Mar 2023 | ₹246 Cr |
| Mar 2024 | ₹243 Cr |
| Mar 2025 | ₹622 Cr |
| Mar 2026 | ₹657 Cr |
Net profit by year
| Mar 2017 | ₹22.00 Cr |
|---|---|
| Mar 2018 | ₹16.00 Cr |
| Mar 2019 | ₹7.00 Cr |
| Mar 2020 | −₹10.00 Cr |
| Mar 2021 | ₹26.00 Cr |
| Mar 2022 | ₹32.00 Cr |
| Mar 2023 | ₹6.00 Cr |
| Mar 2024 | ₹63.00 Cr |
| Mar 2025 | ₹14.00 Cr |
| Mar 2026 | ₹58.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 85.05 | 48.35 | 63.54 | 75.52 | 114 | 198 | 91.38 | 219 | 177 | 139 | 139 | 202 | 131 |
| Expenses | 61.5 | 31.57 | 40.06 | 51.66 | 92.85 | 169 | 72.97 | 190 | 136 | 98.1 | 105 | 167 | 102 |
| Operating Profit | 23.55 | 16.78 | 23.48 | 23.86 | 20.99 | 28.83 | 18.41 | 28.63 | 41.72 | 40.76 | 33.42 | 35.48 | 28.4 |
| OPM % | 27.69% | 34.71% | 36.95% | 31.59% | 18.44% | 14.59% | 20.15% | 13.08% | 23.54% | 29.35% | 24.11% | 17.53% | 21.72% |
| Other Income | 12.7 | 12.15 | 6.94 | 45.14 | 11.88 | 12.07 | 8.94 | 14.05 | 11.62 | 8.52 | 6.75 | 7.29 | 9.94 |
| Interest | 11.43 | 10.76 | 12.03 | 17.4 | 13.51 | 14.74 | 13.11 | 15.67 | 13.93 | 15.57 | 14.5 | 17.22 | 15.24 |
| Depreciation | 11.15 | 10.08 | 10 | 11.97 | 10.25 | 10.42 | 11.24 | 11.27 | 11.56 | 12.8 | 11.66 | 12.75 | 12.7 |
| PBT | 13.67 | 8.09 | 8.39 | 39.63 | 9.11 | 15.74 | 3 | 15.74 | 27.85 | 20.91 | 14.01 | 12.8 | 10.4 |
| Tax % | 15.44% | 9.64% | 2.03% | 9.08% | 27.66% | 42.95% | 453% | 42.95% | 24.09% | 24.29% | 32.05% | 13.36% | 26.35% |
| Net Profit | 11.55 | 7.31 | 8.21 | 36.03 | 6.59 | 8.98 | −10.58 | 8.98 | 21.14 | 15.84 | 9.52 | 11.09 | 7.66 |
| EPS (₹) | 7.2 | 4.51 | 5.23 | 23.97 | 4.14 | 5.43 | −7.1 | 5.84 | 13.55 | 10.01 | 6.11 | 6.73 | 4.66 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 222 | 276 | 241 | 294 | 228 | 252 | 253 | 391 | 246 | 243 | 622 | 657 | 611 |
| Expenses | 214 | 253 | 217 | 261 | 202 | 216 | 202 | 321 | 184 | 159 | 525 | 506 | 473 |
| Operating Profit | 8 | 23 | 24 | 34 | 25 | 36 | 51 | 70 | 62 | 84 | 97 | 151 | 138 |
| OPM % | 3.5% | 8% | 10% | 11% | 11% | 14% | 20% | 18% | 25% | 35% | 16% | 23% | 23% |
| Other Income | 24 | 32 | 36 | 27 | 27 | 4 | 23 | 21 | 2 | 79 | 47 | 36.08 | 32 |
| Interest | 13 | 12 | 10 | 10 | 15 | 17 | 18 | 25 | 30 | 51 | 57 | 61 | 63 |
| Depreciation | 17 | 17 | 19 | 23 | 26 | 30 | 28 | 31 | 26 | 42 | 43 | 49 | 50 |
| PBT | 2 | 26 | 31 | 27 | 10 | −7 | 28 | 36 | 8 | 70 | 44 | 76 | 58 |
| Tax % | 117% | 36% | 30% | 42% | 35% | 45% | 5% | 9% | 18% | 10% | 68% | 24% | — |
| Net Profit | 0 | 17 | 22 | 16 | 7 | −10 | 26 | 32 | 6 | 63 | 14 | 58 | 44 |
| EPS (₹) | −0.25 | 10.89 | 14.23 | 10.45 | 4.49 | −6.71 | 17.2 | 21.37 | 3.65 | 40.88 | 8.31 | 36.39 | 27.51 |
| Div. Payout % | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 24% | 19% | 25% | 37% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 17% | 14% | 33% | 10% | 36% | 10% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 668 | 672 | 690 | 705 | 716 | 704 | 727 | 760 | 772 | 823 | 842 | 906 |
| Borrowings | 139 | 132 | 114 | 206 | 198 | 228 | 358 | 459 | 550 | 569 | 629 | 798 |
| Other Liabilities | 84 | 57 | 87 | 70 | 70 | 97 | 90 | 166 | 148 | 254 | 263 | 364 |
| Total Liabilities | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,749 | 2,082 |
| Fixed Assets | 290 | 301 | 323 | 376 | 427 | 441 | 463 | 566 | 666 | 717 | 813 | 842 |
| CWIP | 17 | 1 | 3 | 12 | 13 | 11 | 72 | 25 | 32 | 7 | 7 | 162 |
| Investments | 257 | 288 | 257 | 272 | 258 | 242 | 277 | 291 | 285 | 275 | 268 | 276 |
| Other Assets | 337 | 281 | 319 | 331 | 296 | 350 | 380 | 519 | 504 | 663 | 661 | 802 |
| Total Assets | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,749 | 2,082 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −5 | 4 | 29 | 3 | 69 | 28 | 33 | 97 | 131 | 90 | 130 | 95 |
| Investing | 49 | 42 | 18 | −98 | −120 | −30 | −142 | −73 | −284 | −83 | −113 | −198 |
| Financing | 15 | −28 | −52 | 49 | −53 | −4 | 94 | 99 | 11 | 34 | 19 | 50 |
| Net Cash Flow | 59 | 17 | −5 | −47 | −103 | −6 | −15 | 124 | −142 | 40 | 37 | −52 |
| Free Cash Flow | −49 | −82 | 17 | −97 | 1 | −19 | −82 | 11 | −19 | −38 | −7 | −138 |
| CFO/EBITDA | 14 | 43 | 144 | 42 | 300 | 89 | 73 | 149 | 217 | 115 | 142 | 68 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 93 | 109 | 72 | 64 | 78 | 96 | 80 | 99 | 78 | 38 | 34 |
| Inventory Days | 86 | 83 | 157 | 135 | 191 | 209 | 210 | 289 | 412 | 1,034 | 166 | 179 |
| Days Payable | 107 | 91 | 176 | 104 | 173 | 160 | 178 | 231 | 244 | 411 | 108 | 150 |
| Cash Conversion Cycle | 70 | 86 | 90 | 103 | 82 | 128 | 129 | 138 | 267 | 702 | 95 | 63 |
| Working Capital Days | 128 | −15 | −23 | −107 | −175 | −178 | −186 | −99 | −267 | −275 | −62 | −84 |
| ROCE % | 1% | 3% | 5% | 4% | 1% | 2% | 4% | 5% | 4% | 5% | 5% | 8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view SWELECT Energy Systems insights
64 extracted metrics across FY08–FY27.
Documents
- 30 Apr 2026
- 2 May 2025
- 5 Feb 2025
- 6 Feb 2024
- 18 Jan 2024
- General announcements 23 Oct 2026
- General announcements 13 Oct 2026
Frequently Asked Questions about SWELECT Energy Systems
What does Swelect Energy Systems Ltd do?
Incorporated in 1994, Swelect Energy Systems Ltd is in the business of Solar and Solar Related Activities
Where is Swelect Energy Systems Ltd (SWELECTES) listed?
Swelect Energy Systems Ltd trades as SWELECTES on the NSE and under code 532051 on the BSE.
Which sector does Swelect Energy Systems Ltd belong to?
Swelect Energy Systems Ltd is classified under the Capital Goods sector, in the Electrical Equipment industry.
What is the PE ratio of Swelect Energy Systems Ltd?
Swelect Energy Systems Ltd trades at a PE ratio of 22.39 as of 4 Nov 2026, on earnings per share of ₹27.51, against a book value of ₹605.24 per share.
What is the 52-week high and low of Swelect Energy Systems Ltd?
Over the last 52 weeks Swelect Energy Systems Ltd has traded between ₹483.1 and ₹821.15 as of 4 Nov 2026.
Does Swelect Energy Systems Ltd pay dividends?
Swelect Energy Systems Ltd has a dividend yield of 0.57%.
What is the Return on Equity (ROE) of Swelect Energy Systems Ltd?
Swelect Energy Systems Ltd reported a return on equity of 5.34%. Its debt-to-equity ratio is 0.87.
Company Information
Incorporated in 1994, Swelect Energy Systems Ltd is in the business of Solar and Solar Related Activities
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