Debut Plus

₹2,662.8

▲ +78.31 +3.03%

As of 10 Sept 2026 · delayed

NSE Listed · Ship Building

Swan Defence and Heavy Industries Ltd. (SWANDEF)

Volume: 22,304Avg Vol 1W: 20,534Avg Vol 1M: 24,94052W Range:₹549.6₹2,750
NSE BSE www.rnaval.co.in AI Report
Key Ratios
Checked just now
Market Cap₹14,028 Cr
Current Price₹2,662.8
Previous Close₹2,584.49
High / Low (52w)₹2,750 / ₹549.6
Volume22,304
Avg Vol (1W)20,534
Avg Vol (1M)24,940
Stock P/E—
Book Value₹13.22
Dividend Yield0%
ROE-324.5%
ROA-7.48%
Revenue (TTM)—
Revenue Growth—
Profit Margin-75.84%
Total Debt₹1,144 Cr
Shares Outstanding5 Cr
Face Value₹10
EPS (TTM)₹0
P/B201.45
Debt / Equity14.49
50 DMA₹2,408.14
200 DMA—
Day change+3.03%
Price Chart
₹2,662.8▲ 384.45% · 1Y
₹2695₹5501.7L
2025-09-15
2026-09-10

20-day avg volume: 25K shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 87% YoY.
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹1 Cr₹1 Cr₹5 Cr₹0 Cr₹40 Cr₹6 Cr₹236 Cr₹31 Cr
EBITDA₹-49 Cr₹-50 Cr₹-18 Cr₹-29 Cr₹-18 Cr₹-30 Cr₹-138 Cr₹-25 Cr
Net Profit₹-53 Cr₹-53 Cr₹-23 Cr₹-31 Cr₹-20 Cr₹-33 Cr₹-142 Cr₹-42 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹18 Cr₹5 Cr₹0 Cr₹40 Cr₹6 Cr₹236 Cr₹440 Cr₹31 Cr
EBITDA₹-158 Cr₹-18 Cr₹-29 Cr₹-18 Cr₹-30 Cr₹-138 Cr₹-215 Cr₹-25 Cr
Net Profit₹-181 Cr₹-23 Cr₹-31 Cr₹-20 Cr₹-33 Cr₹-143 Cr₹-226 Cr₹-42 Cr
EPS-51.51—————-42.88—
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹4,146 Cr₹4,747 Cr₹3,807 Cr₹3,743 Cr₹2,785 Cr₹2,743 Cr₹2,892 Cr₹3,167 Cr
Total Liabilities₹14,568 Cr₹16,925 Cr₹19,111 Cr₹21,133 Cr₹2,238 Cr₹2,267 Cr₹2,596 Cr₹3,098 Cr
Equity₹-10,421 Cr₹-12,178 Cr₹-15,304 Cr₹-17,390 Cr₹547 Cr₹477 Cr₹296 Cr₹70 Cr
Total Debt————————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-127 Cr₹-1,186 Cr₹709 Cr₹2,007 Cr₹1,425 Cr₹-70 Cr₹-96 Cr₹183 Cr
Investing₹-16 Cr₹49 Cr₹-1 Cr₹2 Cr₹12 Cr₹-11 Cr₹-162 Cr₹-440 Cr
Financing₹102 Cr₹1,099 Cr₹-707 Cr₹-1,999 Cr₹-1,460 Cr₹91 Cr₹268 Cr₹413 Cr
Free Cash Flow₹-127 Cr₹-1,186 Cr₹709 Cr₹2,007 Cr₹1,425 Cr₹-70 Cr₹-96 Cr₹183 Cr
Shareholding
Promoter 89.9% Institutions 2.61% Public 7.49%
Efficiency & Working Capital
ROCE-7.5%
Interest Coverage-17.5
Dividend Payout—
Debtor Days—
Inventory Days—
Payable Days—
Cash Conversion Cycle—
Working Capital Days—
Shareholding Details

As of 2026-06-30

Promoter89.9%
FII0.7%
DII1.9%
Institutions2.6%
Public7.5%
Promoter Pledge0%
No. of Shareholders84,204
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodAug 2024Aug 2024Sept 2024Nov 2024Nov 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters94.9%94.9%94.9%94.9%94.9%94.9%94.9%94.9%94.9%94.9%89.9%89.9%
FIIs0%0%0%0%0%0%0%0%0%0%0.6%0.7%
DIIs0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%0.4%2.1%1.9%
Public4.7%4.7%4.7%4.7%4.7%4.7%4.7%4.7%4.7%4.7%7.4%7.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,01,2371,01,2371,01,2371,00,6621,00,6621,00,66299,42898,30296,58693,16687,73084,204
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Hazel Infra LimitedShareholding of Promoter and Promoter Group89.9%4.74 Cr
Quant Mutual Fund-quant Elss Tax Saver FundPublic Shareholding1.3%6,57,922
Zerodha BrokingPublic Shareholding1%5,50,000
Vistra Itcl India LimitedPublic Shareholding1%5,27,654
Swan Corp Limited (formerly Known As Swan Energy Limited)Shareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Nikhil MerchantChairman / Executive Director / Managing Director2025
Arvind MorbaleNon Independent Non Executive Director / WTD2025
Paresh V MerchantNon-Exec & Non-Independent Dir2025
VIVEK PARESH MERCHANTNon-Exec & Non-Independent Dir2025
BHAVIK NIKHIL MERCHANTNon-Exec & Non-Independent Dir2025
ARUN SINHAIndependent Non Exe. Director2025
Kaiyoze B BillimoriaIndependent Non Exe. Director2025
Ashish J BairagraIndependent Non Exe. Director2025
Maya SinhaIndependent Non Exe. Director2025
Prabhakar R PatilIndependent Non Exe. Director2025
Priti P DaveCompany Sec. & Compli. Officer2025
Jayaramakrishnan KannanDirector2025
Segments — Product
SegmentRevenueShare
Ship Building and Fabrication₹306 Cr100%
Segments — Geography
RegionRevenueShare
Within India₹75 Cr100%
Outside India₹0 Cr0%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹1011,0005353
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-11Board Meetings—
forthcoming—Book ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026020402,329
2026020001,713
2026000303
Insider / Designated-Person Trades

1 recent disclosure(s)

Hazel Infra LimitedDisposal · 26,38,747
Substantial Acquisitions (SAST)

2 disclosure(s)

'Insolvency & Bankruptcy Code 2016 By Nclt'08/12/2023 · 5,00,00,000
—08/12/2023 · 5,00,00,000
Company Information
Incorporated1997
ChairmanNikhil Merchant
AuditorN N Jambusaria & Co
Investor Email[email protected]
🌐 www.rnaval.co.in ↗

📍 Pipavav Port, Post Ucchaiya Via-Rajula, Amreli, Gujarat, 365560

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Suyog Telematics LimitedSuzlon Energy LimitedS V Global Mill Ltd.Shree Vasu Logistics Ltd.SVP Global Textiles Ltd.Swan Corp LimitedSwaraj Suiting LimitedSwaraj Engines Ltd.Swarnsarita Jewels Ind LimitedSwastik Pipe LimitedSwelect Energy Systems Ltd.Swiggy LimitedAll “S” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search