Kolkata-based NBFC listed on BSE, with the standalone NBFC segment forming 100% of segment revenue per the latest disclosed segmentation. Standalone FY26 revenue from operations was Rs 175.56 lakh against Rs 6.82 lakh in net profit, while consolidated FY26 revenue reached Rs 3,418.94 lakh with Rs 778.14 lakh in consolidated net profit, the gap reflecting the two wholly owned subsidiaries Radhashree Roadsters Private Limited and Radhashree Apartments Private Limited. During FY26, an additional Rs 1 crore was invested into Radhashree Roadsters at par, taking total investment in that subsidiary to Rs 1.5 crore, with the subsidiary earmarking funds for business operations and loan repayment. The consolidated balance sheet showed total assets of Rs 12,560.17 lakh against borrowings of Rs 764.17 lakh at year end, while operating cash flow was a negative Rs 1,642.6 lakh for FY26 and cash and cash equivalents declined from Rs 582.24 lakh to Rs 238 lakh. The cost shape is dominated by other operating expenses at 34.0% of consolidated revenue, with materials at 1.7%, employees at 2.0%, depreciation at 0.4% and capex at 1.7%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. SWATI PROJECTS LIMITED-NBFC (100%). Asset-light NBFC holding structure, with consolidated revenue and assets materially larger than standalone.
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1 | 1 | 34 |
| EBITDA (ex other income) | 1 | 0 | 11 |
| margin % | 56.0 | 27.5 | 30.8 |
| Owners' profit | 0 | (0) | 4 |
| EPS, as reported (₹) | 0.55 | (0.15) | 7.70 |
| ROE % · ROCE % | 4.4 · — | (1.3) · — | 43.0 · 36.7 |
| Debt / equity (x) | 0.00 | 0.00 | 0.03 |
| Cash from operations | (0) | (11) | 11 |
| Capex | (0) | (0) | (1) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 0 | 1 | 24 | 2 | 8 | 2 |
| Profit before tax | 0 | 0 | (0) | (1) | 7 | 1 | 3 | 1 |
| Net profit | 0 | 0 | (0) | (1) | 5 | 1 | 3 | 1 |
| EPS (₹) | 0.25 | 0.23 | (0.17) | (0.64) | 5.13 | 0.71 | 2.52 | 0.84 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Swati Projects publishes 43rd AGM notice in newspapers for FY2025-26 | compliance | minimal | — | — |
| 7 Sept 2026 · Swati Projects FY26 Annual Report: PAT jumps 5x to Rs 58L on standalone basis | results | medium | — | — |
| 5 Sept 2026 · Notice of 43rd AGM on 30 September 2026 via video conferencing | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Swati Projects 43rd AGM notice - 30 Sept 2026 via video conferencing | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Board meeting on 12 Aug 2026 to approve Q1 FY27 results | results | low | — | — |
| 15 Jul 2026 · RTA compliance certificate for Q1 FY27 share dematerialization | compliance | minimal | — | — |
| 29 Jun 2026 · Trading Window Closure for Q1 FY27 Results | compliance | minimal | — | — |
| 26 Jun 2026 · Subsidiary Rights Issue Allotment Completed After One Day Delay | corporate actions | medium | — | — |
| 25 Jun 2026 · Swati Projects invests Rs 1 Cr in wholly owned subsidiary Radhashree Roadsters | strategic transactions | low | — | — |
| 30 May 2026 · ANNUAL SECRETARIAL COMPLIANCE REPORT 24(A) for the financial year ended 31st March 2026. | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.4 | 18.2 | 21 of 212 | 91% |
| P/B | 2.3 | 1.1 | 181 of 245 | 25% |
| ROCE | 36.0 | 2.1 | 4 of 63 | 95% |
| ROE | 43.0 | 3.0 | 5 of 266 | 99% |
| Debt / Equity | 0.0 | 0.0 | 245 of 266 | 8% |
| EBITDA margin | 53.7 | 48.6 | 118 of 249 | 53% |
| Revenue growth | 166.9 | 12.6 | 32 of 231 | 87% |
| Profit growth | 230.0 | 7.8 | 35 of 251 | 86% |
| Market cap | 41 | 37 | 125 of 260 | 52% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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.
