Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · SWAN DEFENCE N HEVY IND L · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
SWAN DEFENCE N HEVY IND L NSE: SWANDEF · BSE: 533107
SWAN DEFENCE N HEVY IND L
StateQ1 FY27 filed
Last close · 27 Oct 2026₹2,650.00
Market cap₹14.0k cr
TTM P/E · P/B · EV/EBITDA— · 200.45 · —
SWAN DEFENCE N HEVY IND L is a listed company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · consolidated
FY22
FY23
FY24
FY25
FY26
Revenue
6
3
0
7
282
EBITDA (ex other income)
(25)
19,470
(29)
(110)
(310)
margin %
(394.7)
615955.3
—
(1567.4)
(109.8)
Owners' profit
0
0
3
(181)
(226)
EPS, as reported (₹)
(28.28)
66874.73
(449.59)
(51.51)
(42.88)
ROE % · ROCE %
12.0 · 0.5
3277.7 · 782.8
(25.3) · (4.4)
(61.2) · (6.2)
(324.4) · (7.6)
Debt / equity (x)
(0.17)
3.75
4.48
8.23
39.13
Cash from operations
2,007
1,428
(70)
(97)
182
Capex
0
0
0
(44)
0
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SWAN DEFENCE N HEVY IND L · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Q1 FY27
Revenue
1
1
5
0
40
6
236
31
Profit before tax
(54)
(53)
(23)
(31)
(20)
(33)
(143)
(42)
Net profit
(53)
(53)
(23)
(31)
(20)
(33)
(142)
(42)
EPS (₹)
(10.13)
(10.13)
(4.32)
(5.84)
(3.77)
6.28
(26.98)
(7.91)
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SWAN DEFENCE N HEVY IND L · 28 October 2026Page 3 of 3
Exhibit 3: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
15 Oct 2026 · SDHI corporate presentation: ₹6,500 Cr order book, H1FY27 PAT ₹525 Cr
investor communications
medium
—
—
14 Oct 2026 · Swan Defence publishes Q2 FY26-27 results in newspapers
compliance
minimal
—
—
12 Oct 2026 · Swan Defence Q2 PAT at Rs 566 Cr, order book Rs 6,500 Cr
investor communications
medium
—
—
12 Oct 2026 · SDHI posts 2.5x revenue jump in H1 FY27, order book at ₹6,500 Cr
investor communications
medium
—
—
12 Oct 2026 · Q2 FY27 results: PAT swings to Rs 567 cr on tax write-back post TOPL merger
results
high
—
—
9 Oct 2026 · Routine compliance certificate on demat and remat for July to September 2026
compliance
minimal
—
—
8 Oct 2026 · Swan Defence to meet institutional investors from Oct 13 to Oct 24
board shareholder meetings
low
—
—
6 Oct 2026 · Board meet on 12 Oct 2026 to consider Q2 and H1 FY26 results
results
low
—
—
1 Oct 2026 · New Chief Operating Officer appointed at Swan Defence
management changes
medium
—
—
28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results
compliance
minimal
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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More audited years; no estimates
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in