What the business is, and whether it's a good one at a fair price.
Builds and operates solar power plants and provides solar energy systems and services to commercial and industrial customers in India. The reported FY24 segment is Solar Energy Systems / Services, which earned 242.78 crore at an EBIT of 36.55 crore, while consolidated FY26 revenue reached 657.12 crore and total assets stood at 2082.81 crore. The company commissions its own solar plants — it brought a 4.40 MW plant online in Tamil Nadu in July 2026 under a third-party power sale model through intra-state open access — and is setting up additional capacity including a 7.0 MWdc plant in Karnataka and a 26.6 MWp DC plant under group captive schemes. Through subsidiary SWELECT SolarKraft, it is taking a 49% stake in 80 MW (8x10 MW) of grid-connected solar PV projects under the PM KUSUM-C scheme for power sale to MPPMCL in Haryana. The business is asset-heavy: materials account for 65.8% of revenue and depreciation 7.4%, with capex at 36.8% of revenue reflecting the capital intensity of building solar plants. A small strategic investment in US grid-scale battery storage was made via a Singapore subsidiary.
Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from SWELECT ENERGY SYS LTD's filed financials and exchange disclosures
SWELECT ENERGY SYS LTD is a Electrical Equipment company listed on NSE and BSE, trading under the symbol SWELECTES.
Yes. Over the trailing twelve months SWELECT ENERGY SYS LTD reported a net profit of ₹44 Cr on revenue of ₹611 Cr.
Yes. The dividend yield is 0.53% at the current price. It paid out 8% of its profit as dividend in FY26.
No. Debt stands at 0.84× equity, and it carries net debt of ₹761 Cr. That is lower than 3% of its 35 Heavy Electrical Equipment peers.
On trailing P/E, SWELECT ENERGY SYS LTD ranks 9 of 34 in Heavy Electrical Equipment — cheaper than 76% of them, against an industry median of 35.1×. This is a position, not a valuation judgement.
On a typical session SWELECT ENERGY SYS LTD moves 1.53% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by SWELECT ENERGY SYS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.