profit from every ₹100 of sales.
₹0₹100
Swan Defence and Heavy Industries
₹2,832.05-0.25% today
+124.8% in 1 year
1-year low ₹1,259.701-year high ₹2,956.05
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Swan Defence and Heavy Industries sold, what it kept, and what it did with the cash.
Sales went from ₹31.6 million in 2023 to ₹2.82 billion in 2026, with -₹2.26 billion of profit last year.
SalesProfit
Swan Defence and Heavy Industries vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Swan Defence and Heavy Industries | No profit yet | ||
 SpaceX | No profit yet | ||
 GE Aerospace | 40.0× · Expensive | ||
 RTX | 39.4× · Expensive | ||
 Airbus | 31.1× · Expensive |
AI analysis
An AI analyst reads Swan Defence and Heavy Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 32 | 0 | 70 | 2,821 | |
| -64 | -73 | 39 | -1,936 | |
| -1,011 | -974 | -1,688 | -3,730 | |
| 194,701 | -265 | -992 | -1,503 | |
| 179,371 | -1,206 | -1,810 | -2,259 | |
| 66,875.98 | -449.62 | -51.51 | -42.88 | |
| -201.3% | – | 56.1% | -68.6% | |
| -3,198.8% | – | -2,400.1% | -132.2% | |
| 567,451.5% | – | -2,573.4% | -80.1% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 27,854 | 27,434 | 28,918 | 31,672 |
| Cash | 81 | 182 | 284 | 1,840 |
| Total debt | 21,475 | 22,187 | 25,053 | 27,875 |
| Total liabilities | 22,382 | 22,668 | 25,962 | 30,976 |
| 5,472 | 4,766 | 2,956 | 696 | |
| 3 | 3 | 53 | 53 | |
| 568.8% | -2.8% | -4.5% | -5.9% | |
| 3,277.7% | -25.3% | -61.2% | -324.4% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 14,283 | -701 | -962 | 1,821 | |
| – | 102 | 1,628 | 778 | |
| 14,283 | -804 | -2,590 | 1,043 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 148.8×
- 52.9×
- 143.1×
- –
- 0.7%
- -1.5%
- –
Profitability
- -68.6%
- -132.2%
- -80.1%
- –
- -5.6%
- 131.9%
- –
- –
- –
- –
Growth
- +346.9%
- –
- –
- –
- +169.8%
Financial health
- –
- 40.03
- –
- -17.3×
- 4.49
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 5%of 979
Bottom 1%of 984
Bottom 23%of 986
News
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategistMarketWatch · Nov 5, 2026House Intelligence Committee warns of 'Black Swan' AI risksCNBC · Aug 31, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
22No pass
Benjamin Graham
32No pass
Philip Fisher
33No pass
Peter Lynch
2No pass
Joel Greenblatt
2No pass
Charlie Munger
28No pass
Terry Smith
37No pass
Questions about Swan Defence and Heavy Industries
Is Swan Defence and Heavy Industries a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Swan Defence and Heavy Industries AI analysis
What does Swan Defence and Heavy Industries do?
Swan Defence and Heavy Industries Limited engages in the construction of vessels, repairs, and refits of ships and rigs and heavy engineering in India and internationally. It is in Aerospace & Defense, based in Mumbai, India.
Is Swan Defence and Heavy Industries stock halal?
Questionable. Swan Defence and Heavy Industries sits in a grey zone: scholars disagree about its industry. How we check
How has Swan Defence and Heavy Industries stock done over the past year?
Up 124.8% over the past twelve months, to ₹2,832.05. It traded between ₹1,259.70 and ₹2,956.05 and is 4.2% below its high.
Who are Swan Defence and Heavy Industries's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with Swan Defence and Heavy Industries's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.