SWELECTES - Swelect Energy Systems Limited Share Price

Electrical Equipment

₹597.45+11.70(+2.00%)

Market Closed as of Apr 25, 2025, 15:30 IST

What does Swelect Energy Systems Limited do?

Heavy Electrical Equipment•Capital Goods•Small Cap

Swelect Energy Systems Limited engages in the manufacture and trading of solar modules, mounting structures, transformers, and inverters in India, Europe, and internationally. It operates through three segments: Solar and Solar Related Activities, Foundry Business, and Others. The company offers mono and multi-crystalline solar photovoltaic modules; building integrated photovoltaic modules; solar inverters; solar water pumps; and solar panels. It also engages in iron, steel, and investment casting activities. In addition, the company provides stabilizers; energy conservation and audits, design/retrofit sustainable buildings, and LED lighting systems; site feasibility analysis; engineering, procurement, and construction contracts; and operation and maintenance services. Further, it engages in solar and wind power generation, and provision of contract manufacturing services. The company was formerly known as Numeric Power Systems Limited and changed its name to Swelect Energy Systems Limited in May 2012. Swelect Energy Systems Limited was incorporated in 1994 and is based in Chennai, India.

Industry Group:Electrical Equipment

Employees:279

Website:www.swelectes.com

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Dilution Rank

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Technicals

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Insider Trading

Category	SWELECTES	Electrical
PE	22.08	65.92
PS	1.74	5.53
Growth	43.6 %	14.5 %

Share Holdings

Understand Swelect Energy Systems ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
CHELLAPPAN R	48.8%
BALAN A	3.1%
PRATIKSHA SATISHCHANDRA DOSHI	1.61%
ZEN SECURITIES LTD	1.45%
VATTUR S RAJENDRAN	1.4%
KETAN DEDHIA	1.36%
HITESH SATISHCHANDRA DOSHI	1.29%
V C RAGHUNATH	1.16%
NACHIAPPAN K V	1.09%
GUNASUNDARI C	0.81%
MIRUNALINI V C	0.47%
RAGHUNATH V C	0.39%
PREETHA BALAN	0.16%
AARTHI BALAN	0.16%
VASANTHA B	0.11%
RISHII NANDHAN K N	0.1%
JAYASHREE NACHIAPPAN	0.01%
SWELECT ELECTRONICS PRIVATE LIMITED	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Investor Care
Dividend Yield	0.43%
Dividend/Share (TTM)	4
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	27.07

Financial Health
Current Ratio	1.47
Debt/Equity	0.73
Debt/Cashflow	0.16

Income Statement for Swelect Energy Systems

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-26.2%	108	146	66	44	114	20
Other Income	-18.2%	10	12	12	12	9.32	9.26
Total Income	-24.8%	119	158	79	56	124	29
Cost of Materials	6.2%	69	65	6.01	89	11	5.48
Purchases of stock-in-trade	1269.9%	11	1.73	2.08	0.56	66	32
Employee Expense	-10.6%	4.46	4.87	4.33	4.57	3.35	3.59
Finance costs	3.6%	8.54	8.28	7.66	9.48	8.01	7.98
Depreciation and Amortization	-2.2%	3.73	3.79	3.73	3.64	3.58	3.68
Other expenses	-52%	13	26	14	10	13	6.89
Total Expenses	-26%	109	147	71	51	111	27
Profit Before exceptional items and Tax	-13.4%	9.66	11	7.43	5.24	12	2.33
Exceptional items before tax	-	0	0	0	17	0	0
Total profit before tax	-13.4%	9.66	11	7.43	22	12	2.33
Current tax	-	0	0	0	-0.28	0	0
Deferred tax	102.7%	13	6.92	0	0	0	0
Total tax	102.7%	13	6.92	0	-0.28	0	0
Total profit (loss) for period	-212.4%	-2.99	4.55	7.43	22	12	2.33
Other comp. income net of taxes	-	0	0	0	-0.62	0	0
Total Comprehensive Income	-212.4%	-2.99	4.55	7.43	22	12	2.33
Earnings Per Share, Basic	-248.5%	-1.97	3	4.9	14.76	8.1	1.54
Earnings Per Share, Diluted	-248.5%	-1.97	3	4.9	14.76	8.1	1.54

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	7.5%	246	229	286	185	142	120
Other Income	41.9%	45	32	31	33	32	35
Total Income	11.9%	292	261	316	217	174	155
Cost of Materials	520%	187	31	157	64	98	40
Purchases of stock-in-trade	-93.9%	3.57	43	113	39	1.12	12
Employee Expense	16.7%	15	13	14	12	12	13
Finance costs	33.3%	33	25	21	12	9.81	7.45
Depreciation and Amortization	0%	14	14	17	15	17	14
Other expenses	2.6%	41	40	48	31	45	35
Total Expenses	12.8%	257	228	283	186	163	140
Profit Before exceptional items and Tax	3.1%	34	33	34	31	11	15
Exceptional items before tax	-	17	0	0	-6.91	-24.72	0.3
Total profit before tax	56.2%	51	33	34	24	-14.17	15
Current tax	-63.9%	0	0.39	0	0	2.57	4.35
Total tax	-63.9%	0	0.39	0	0	2.57	4.35
Total profit (loss) for period	499.5%	51	9.34	34	24	-16.73	11
Other comp. income net of taxes	-97.6%	-0.62	0.18	0.22	0	0.45	0.12
Total Comprehensive Income	486.9%	51	9.52	34	24	-16.28	11
Earnings Per Share, Basic	536.4%	33.84	6.16	22.29	16.04	-11.04	7.2933333
Earnings Per Share, Diluted	536.4%	33.84	6.16	22.29	16.04	-11.04	7.2933333

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-54.3%	91	198	114	76	64	84
Other Income	-27.8%	8.94	12	12	8.73	7.82	7.38
Total Income	-52.6%	100	210	126	84	71	91
Cost of Materials	-69.5%	30	96	29	52	31	30
Purchases of stock-in-trade	1269.9%	11	1.73	2.08	0.88	9.57	31
Employee Expense	2.6%	6.45	6.31	5.64	5.97	4.8	8.38
Finance costs	-14.3%	13	15	14	17	12	12
Depreciation and Amortization	11.1%	11	10	10	12	10	11
Other expenses	-35.5%	21	32	20	18	12	19
Total Expenses	-50.3%	97	194	117	81	62	83
Profit Before exceptional items and Tax	-86.7%	3	16	9.11	3.22	9.26	8.09
Exceptional items before tax	-	0	0	0	32	0	0
Total profit before tax	-86.7%	3	16	9.11	36	9.26	8.09
Current tax	-23.2%	0.31	0.44	0.39	0.96	0.33	0.53
Deferred tax	125.6%	13	6.32	2.13	2.64	-0.16	0.25
Total tax	126.1%	14	6.75	2.52	3.6	0.17	0.78
Total profit (loss) for period	-245.1%	-10.58	8.98	6.59	36	8.21	7.31
Other comp. income net of taxes	581.8%	2.59	0.67	8.05	-10.85	-0.39	-0.64
Total Comprehensive Income	-203.8%	-7.99	9.66	15	25	7.83	6.67
Earnings Per Share, Basic	-261.9%	-6.98	5.93	4.35	23.77	5.42	4.821
Earnings Per Share, Diluted	-261.9%	-6.98	5.93	4.35	23.77	5.42	4.821

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-33.7%	243	366	391	253	252	228
Other Income	56.5%	37	24	21	30	28	26
Total Income	-28.5%	279	390	412	282	280	254
Cost of Materials	93%	138	72	181	91	132	31
Purchases of stock-in-trade	-94.8%	3.57	50	117	14	14	60
Employee Expense	-26.9%	20	27	28	25	24	25
Finance costs	61.3%	51	32	25	18	17	15
Depreciation and Amortization	28.1%	42	33	31	28	30	26
Other expenses	-30%	57	81	88	61	77	68
Total Expenses	-29.9%	252	359	376	248	272	244
Profit Before exceptional items and Tax	-10%	28	31	36	34	8.2	10
Exceptional items before tax	-	32	0	0	-6.91	-15.23	0.3
Total profit before tax	96.7%	60	31	36	28	-7.02	10
Current tax	250%	2.19	1.34	2.39	1.99	4.11	4.76
Deferred tax	463.5%	4.49	0.04	0.7	-0.52	-0.96	-1.14
Total tax	1392.1%	6.67	1.38	3.09	1.47	3.15	3.62
Total profit (loss) for period	1043.9%	63	6.42	32	26	-10.17	6.83
Other comp. income net of taxes	-177.9%	-6.79	11	5.19	-1.75	9.12	0.04
Total Comprehensive Income	243.8%	56	17	38	24	-1.05	6.87
Earnings Per Share, Basic	1157.6%	41.62	4.23	21.39	17.18	-6.71	4.5066667
Earnings Per Share, Diluted	1157.6%	41.62	4.23	21.39	17.18	-6.71	4.5066667

Cash Flow for Swelect Energy Systems

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-104.2%	0	25	21
Change in inventories	-230%	-100.39	79	-89.49
Depreciation	-43.5%	14	24	17
Impairment loss / reversal	-	-4	0	0
Unrealised forex losses/gains	-	0	0	-7.61
Adjustments for interest income	-	0	0	4.66
Net Cashflows from Operations	-266.8%	-40.71	26	89
Interest paid	-	-33.3	0	0
Interest received	-27.8%	-19.02	-14.66	0
Income taxes paid (refund)	87.3%	3.81	2.5	2.83
Net Cashflows From Operating Activities	-477.3%	-30.24	9.28	86
Cashflows used in obtaining control of subsidiaries	-80.6%	3.72	15	13
Proceeds from sales of PPE	-78.6%	0	0.44	0.43
Purchase of property, plant and equipment	-15.8%	17	20	7.66
Proceeds from sales of long-term assets	55.6%	29	19	3.98
Purchase of other long-term assets	-65%	15	41	0
Cash receipts from repayment of advances and loans made to other parties	-	34	0	0
Interest received	21.4%	18	15	4.66
Other inflows (outflows) of cash	-	-22.46	0	0
Net Cashflows From Investing Activities	197.1%	87	-87.6	-44.95
Proceeds from borrowings	83.3%	34	19	56
Payments of lease liabilities	-	0.11	0	0.98
Dividends paid	-76.9%	1.82	4.55	4.55
Interest paid	33.3%	33	25	20
Other inflows (outflows) of cash	-	0.03	0	0.02
Net Cashflows from Financing Activities	82.1%	-1.2	-11.31	30
Net change in cash and cash eq.	160.7%	56	-89.64	71

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-103.2%	0	32	25
Change in inventories	-579.5%	-114.09	25	-95.24
Depreciation	-2.4%	42	43	31
Unrealised forex losses/gains	-	0	0	4.84
Adjustments for interest income	-110%	0	11	7.74
Net Cashflows from Operations	-62.8%	59	157	114
Interest paid	-	-50.96	0	0
Interest received	-	-13.22	0	0
Income taxes paid (refund)	249.4%	6.8	2.66	7.86
Other inflows (outflows) of cash	95.9%	0	-23.31	0
Net Cashflows From Operating Activities	-31.5%	90	131	106
Proceeds from sales of PPE	-78.6%	0	0.44	0.43
Purchase of property, plant and equipment	-15.3%	128	151	-86.87
Proceeds from sales of long-term assets	-	30	0	0
Purchase of other long-term assets	-100.7%	0	149	8.24
Interest received	10%	12	11	7.74
Other inflows (outflows) of cash	-1521.7%	-59.99	5.29	4.69
Net Cashflows From Investing Activities	70.8%	-82.31	-284.13	91
Proceeds from borrowings	75%	85	49	131
Payments of lease liabilities	-	0.15	0	0
Dividends paid	-76.9%	1.82	4.55	4.55
Interest paid	63.3%	50	31	25
Other inflows (outflows) of cash	-	0.03	0	0.02
Net Cashflows from Financing Activities	210%	32	11	99
Net change in cash and cash eq.	127.3%	40	-141.86	297

Valuation
Market Cap	905.66 Cr
Price/Earnings (Trailing)	22.08
Price/Sales (Trailing)	1.74
EV/EBITDA	5.45
Price/Free Cashflow	-41.05
MarketCap/EBT	14.25

Fundamentals
Revenue (TTM)	520 Cr
Rev. Growth (Yr)	40.59%
Rev. Growth (Qtr)	-52.16%
Earnings (TTM)	41.02 Cr
Earnings Growth (Yr)	-228.8%
Earnings Growth (Qtr)	-217.77%

Profitability
Operating Margin	5.98%
EBT Margin	12.22%
Return on Equity	4.69%
Return on Assets	2.49%
Free Cashflow Yield	-2.44%

Balance Sheet for Swelect Energy Systems

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-88.1%	2.03	9.66	2.33	1.83	2.87	34
Current investments	3.7%	281	271	268	277	265	283
Loans, current	-22%	33	42	1.72	1.38	1.14	1.36
Total current financial assets	1.8%	568	558	365	451	422	410
Inventories	-23.4%	122	159	75	59	75	138
Total current assets	-4.8%	728	765	454	521	502	555
Property, plant and equipment	-1.7%	177	180	184	174	177	187
Capital work-in-progress	0%	0.29	0.29	1	2.46	0	0.79
Investment property	14.3%	25	22	22	21	20	19
Goodwill	-	0.15	0	0	0	0	0
Non-current investments	-0.5%	188	189	250	246	237	191
Loans, non-current	-13.3%	53	61	122	136	108	110
Total non-current financial assets	-1.4%	275	279	452	415	378	366
Total non-current assets	1.1%	553	547	727	678	641	639
Total assets	-2.4%	1,281	1,313	1,181	1,199	1,145	1,195
Borrowings, non-current	-21.4%	78	99	117	109	117	114
Total non-current financial liabilities	-21.2%	79	100	118	110	117	115
Provisions, non-current	3.4%	4.67	4.55	4.23	4.46	4.69	4.89
Total non-current liabilities	-14.4%	90	105	122	114	122	122
Borrowings, current	12.7%	285	253	258	257	217	175
Total current financial liabilities	6.6%	340	319	288	293	299	354
Provisions, current	0%	2.01	2.01	1.44	1.2	1.32	1.28
Total current liabilities	-6.1%	398	424	308	349	315	363
Total liabilities	-7.6%	488	528	430	464	437	484
Equity share capital	0%	15	15	15	15	15	15
Total equity	1.1%	793	784	750	735	708	710
Total equity and liabilities	-2.4%	1,281	1,313	1,181	1,199	1,145	1,195

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-53.2%	7.55	15	7.88	12	18	107
Current investments	3.3%	284	275	271	279	268	286
Loans, current	-112.1%	0.03	9.02	2.29	2.16	1.34	1.56
Total current financial assets	4.7%	620	592	492	553	553	530
Inventories	-16.6%	192	230	173	137	98	162
Current tax assets	-	0	0	-	0	0	-
Total current assets	-1.6%	868	882	698	718	680	708
Property, plant and equipment	-0.9%	558	563	539	503	410	408
Capital work-in-progress	-80.9%	2.1	6.75	40	32	40	25
Investment property	9.7%	35	32	38	37	26	25
Goodwill	0%	3.35	3.35	7.9	7.9	7.9	7.9
Non-current investments	-	0.3	0	5.3	5.3	5.3	5.3
Loans, non-current	-	0.41	0	0.54	6.91	6.26	5.9
Total non-current financial assets	-15.2%	40	47	90	49	51	79
Total non-current assets	0%	780	780	858	769	673	694
Total assets	-0.8%	1,648	1,662	1,557	1,487	1,354	1,403
Borrowings, non-current	-29.8%	159	226	231	233	195	185
Total non-current financial liabilities	-32.3%	160	236	235	234	195	186
Provisions, non-current	1.8%	4.99	4.92	4.78	4.87	5.04	5.2
Total non-current liabilities	-26.7%	182	248	245	242	203	195
Borrowings, current	39.2%	477	343	388	317	255	274
Total current financial liabilities	21.7%	539	443	465	413	326	411
Provisions, current	6.8%	7.11	6.72	5.51	2.68	2.16	4.17
Total current liabilities	6.3%	591	556	484	441	349	421
Total liabilities	-4%	772	804	729	683	552	616
Equity share capital	0%	15	15	15	15	15	15
Non controlling interest	5.6%	20	19	19	16	12	11
Total equity	2%	875	858	827	804	802	787
Total equity and liabilities	-0.8%	1,648	1,662	1,557	1,487	1,354	1,403

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BORORENEW	BOROSIL RENEWABLESGlass - Industrial	6.77 kCr	1.31 kCr	+3.08%	-2.25%	-90.98	5.17	+11.32%	-604.95%
SURANASOL	Surana SolarHeavy Electrical Equipment	168.68 Cr	41.08 Cr	+3.88%	-20.09%	273.17	4.11	+75.84%	+172.44%

SWELECTES - Swelect Energy Systems Limited Share Price

What does Swelect Energy Systems Limited do?

Sector Comparison: SWELECTES vs Electrical Equipment

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Investor Care

Financial Health

Income Statement for Swelect Energy Systems

Cash Flow for Swelect Energy Systems

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Balance Sheet for Swelect Energy Systems

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