Financial Results for the year ended 31st March, 2026
SWELECTES · price
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Swelect Energy Systems reported standalone revenue of Rs. 37,613 Lakhs for FY26, down 8.6% from Rs. 41,154 Lakhs in FY25. Net profit declined 30% to Rs. 1,956 Lakhs from Rs. 2,784 Lakhs previously. Despite healthy operating cash flow of Rs. 7,525 Lakhs, the company posted a negative closing cash balance of Rs. 6,516 Lakhs (including bank overdrafts) due to heavy investments in subsidiaries and capex. The Board recommended a final dividend of Rs. 3.50 per share. Statutory auditors Deloitte Haskins & Sells issued an unmodified opinion. The company also appointed new internal and cost auditors for FY27.
The revenue and profit decline, coupled with negative cash balance and increased borrowings, may concern investors. However, the clean audit opinion and dividend declaration provide some stability.