Swelect Energy Systems

₹611.40As of Sun 8 Nov 2026, 12:00 UTC

NSE:SWELECTESTechnology

Country India

PE (Fwd) 15.38

TSR 10Y CAGR 10.80%

Div yield 0.57%

ROE —

Solar

Beta (5Y) 0.72

PE TTM 16.82

TSR TTM (23.55%)

Mkt cap ₹9.158B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹693

13.42%

13.10%

Price below Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

3.66

40.88

8.31

36.36

(82.89%)

1017.59%

(79.67%)

337.55%

Revenue₹B

2.457

2.428

6.217

6.571

(30.64%)

(1.19%)

156.06%

5.70%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

6.571

Revenue₹B

—

3.543

2.457

2.428

6.217

6.571

7.017

16.70%

5.70

Revenue growth%

—

(30.64)

(1.19)

156.06

5.70

6.78

2.26

—

45.15

Gross margin%

—

49.89

49.38

64.18

37.51

45.15

45.13

49.38

17.42

Operating margin%

—

15.04

20.47

19.94

9.66

17.42

17.59

17.42

8.40

Net margin%

—

9.15

2.26

25.52

2.03

8.40

8.18

8.40

16.82

P/E ratio (avg)x

—

11.95

90.68

18.38

134.5

20.55

16.16

20.55

8.104

EV/EBITx

—

7.264

9.997

23.53

28.22

9.902

7.517

9.997

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

36.36

EPS₹

—

21.38

3.66

40.88

8.31

36.36

37.82

14.20%

—

337.47

EPS growth%

—

(82.89)

1017.59

(79.67)

337.47

4.04

128.90

—

Bookvalue per sh₹

—

FCF per share₹

—

3.50

Dividend per sh₹

—

3.00

1.20

3.00

3.50

3.70

3.93%

—

0.57

Div yield (avg)%

—

1.17

0.36

0.40

0.27

0.47

0.61

0.40

—

9.63

Payout ratio%

—

14.03

32.81

7.34

36.10

9.63

9.79

14.03

—

15.18

Shares (diluted)M

—

15.16

15.18

◌15.18

0.03%

(0.11)

Buyback yield%

—

(0.11)

◌—

—

D/E ratiox

—

9.278

Enterprise value₹B

—

3.871

5.027

11.39

16.94

11.34

9.278

30.82%

—

LT debt₹M

—

Peers (US$97.22M)

Cap (US$)

Solarworld Energy…

100.6M

7.807x

Indosolar Limited

92.83M

6.920x

Solex Energy Limited

73.62M

8.661x

ANJI Technology Co.…

102.4M

949.8x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

2.032

1.770

Own earn%

—

Sh yield%

0.46

0.36

Owners

Insiders/Inst%

61.94

2.08

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

10–20

$1 testx

—

Incr. ROIC%

—

Swelect Energy Systems Limited engages in the manufacture and trading of solar mounting structures, solar photovoltaic inverters**and other ancillary products in India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹6.571B

16.70%

1.00×

Cost of revenue

₹3.604B

19.37%

1.09×

Operating expenses

₹1.822B

10.22%

0.80×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m