Swan Corp Ltd.

NSE: SWANCORP · Chemicals

₹240.55-3.29%06 Nov 2026

Check figures: unusual quarterly results in SEP '26 (₹506.96 cr vs a typical ₹19.13 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Swan Corp Ltd. — computed from its filings, no language model

Market cap₹7,540 cr

Current price₹240.55

High / Low₹477 / ₹227

P/E10.3

P/B0.98

Book value₹246.3

ROE9.5%

ROCE4.2%

Debt / equity0.25

Dividend yield0.04%

EPS (TTM)₹23.43

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	341	320	487	1,438	5,017	4,938	4,371
EBITDA	52	68	68	231	868	-141	-204
Operating margin	15.3%	21.1%	14.0%	16.1%	17.3%	-2.9%	-4.7%
Interest	50	108	189	223	226	186	81
Depreciation	15	42	70	81	115	147	124
Profit before tax	-4	-78	-184	-62	609	1,469	363
Tax	1	-9	-26	-1	23	595	94
Net profit	-6	-38	-87	0	301	755	274
EPS ₹	-0.20	-2.80	-6.46	-2.52	20.57	28.83	8.65
Operating cash flow	—	—	29	-491	26	-529	-14
Capex	—	—	30	2,070	44	472	210
Dividend paid	—	—	2	3	3	3	3
Total assets	3,489	—	—	10,225	12,168	13,604	13,853
Equity	915	—	—	2,284	6,279	7,343	7,536

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	69	71	95	105	29	87	98	106	46	59	69	312	260	143	101	933	804	1,223	1,592	1,398	1,142	1,032	1,908	856	1,213	1,138	1,150	870	1,014	1,046
Operating profit	13	13	13	12	6	12	14	36	8	24	12	24	6	1	-14	238	237	257	256	118	381	120	-656	14	27	5	25	-261	-4	-4
Operating margin	19.4%	18.3%	13.8%	11.8%	20.5%	13.4%	14.0%	34.2%	16.9%	40.7%	17.8%	7.7%	2.1%	0.9%	-13.4%	25.5%	29.5%	21.0%	16.1%	8.4%	33.4%	11.6%	-34.4%	1.6%	2.2%	0.4%	2.2%	-30.0%	-0.4%	-0.4%
Other income	1	1	5	2	1	1	1	2	2	4	1	-0	2	3	2	4	4	7	63	9	20	31	1,868	26	59	47	27	639	34	76
Interest	10	9	16	16	5	18	10	76	39	51	43	55	49	56	56	62	57	58	58	53	53	66	45	23	22	21	18	20	34	31
Depreciation	4	4	4	3	4	4	4	31	18	18	18	17	18	18	18	27	27	27	27	34	28	28	61	31	30	30	31	32	31	32
Profit before tax	1	1	-2	-5	-2	-9	1	-69	-47	-41	-48	-49	-59	-70	-86	100	157	178	234	40	321	57	1,107	-16	33	0	4	326	-35	8
Tax	0	0	0	1	0	0	0	-9	-8	-3	-8	-7	-10	-12	-17	38	12	13	14	-16	53	-10	545	7	7	6	5	75	1	-558
Net profit	0	1	-3	-5	0	0	1	-28	-22	-26	-21	-19	-26	-32	17	0	0	85	0	27	139	51	583	-18	19	-4	-10	269	-31	507
EPS ₹	0.06	0.04	-0.06	-0.23	-0.07	-0.37	0.05	-2.42	-1.62	-1.53	-1.62	-1.69	-1.88	-2.20	-0.59	2.15	5.41	6.69	8.38	2.02	8.57	2.28	18.72	-0.75	0.84	-0.19	-0.04	8.02	-1.15	18.04
Revenue YoY	—	—	—	—	-57.9%	22.5%	2.5%	1.1%	58.7%	-32.0%	-29.2%	194.3%	464.1%	141.3%	45.9%	198.8%	208.9%	752.6%	1474.4%	49.8%	42.0%	-15.6%	19.9%	-38.8%	6.3%	10.3%	-39.7%	1.6%	-16.4%	-8.1%
Profit YoY	—	—	—	—	—	-100.0%	—	—	—	—	-2219.6%	—	—	—	—	—	—	—	-100.0%	—	—	-39.4%	—	-166.7%	-86.2%	-107.4%	-101.7%	—	-264.2%	—

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Swan Corp Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	155	537	409	177	277	332	312	319	333	316	860
Operating profit	42	56	96	79	43	41	32	19	21	4	45
Operating margin	26.9%	10.5%	23.6%	44.9%	15.5%	12.5%	10.1%	6.0%	6.4%	1.3%	5.2%
Other income	—	—	—	—	—	—	—	—	—	116	14
Interest	—	—	—	7	18	28	19	13	15	23	18
Depreciation	0	0	2	4	4	4	5	5	5	5	5
Profit before tax	33	54	84	68	31	10	7	1	4	91	36
Tax	5	15	27	22	11	3	2	0	2	19	33
Net profit	28	40	57	46	21	7	5	1	2	73	2

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	5	12	24	7	143	1	4	0	21	32	483	11	14	18	366	13	37	28	99	50	53	66	109	79	82	61	110	63	92	69	89	72	96	74	77	70	98	70	95	75	42	97	102	605	84	84	88
Operating profit	0	-1	-1	6	78	0	-43	-0	1	10	46	1	4	2	89	5	7	5	62	7	4	11	21	8	12	5	16	9	9	8	5	4	4	6	6	4	9	7	2	3	4	5	-7	37	1	5	1
Operating margin	3.0%	-6.2%	-5.1%	90.2%	54.4%	12.2%	-1151.8%	-455.6%	4.8%	31.8%	9.4%	12.4%	26.5%	10.9%	24.4%	39.4%	20.1%	16.6%	62.6%	13.4%	8.0%	16.2%	19.7%	10.1%	14.5%	8.8%	14.7%	14.3%	10.0%	12.0%	5.9%	5.3%	4.3%	7.5%	7.3%	6.4%	8.7%	9.6%	1.7%	3.6%	8.4%	4.9%	-6.7%	6.2%	0.8%	6.5%	1.5%
Other income	—	1	26	1	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	5	1	4	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	3	7	5	2	101	3	7	0	5
Interest	—	—	0	—	2	—	7	—	0	1	1	—	—	—	11	2	2	1	2	3	3	6	6	5	7	2	14	6	6	6	1	2	3	4	4	5	5	5	0	5	6	5	6	5	5	4	5
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	2	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	0	0	24	7	76	0	-50	-0	1	10	45	1	3	2	78	2	4	3	60	3	5	5	19	3	4	2	1	2	2	2	2	0	0	0	1	-2	2	0	3	3	1	0	87	34	1	0	0
Tax	0	0	3	0	5	0	0	0	0	0	15	0	0	0	27	0	0	0	22	0	0	0	11	0	0	0	3	0	0	0	2	0	0	0	0	0	0	0	2	0	0	0	19	0	0	0	33
Net profit	0	0	22	7	71	0	-50	-0	1	10	30	1	3	2	50	2	4	3	38	3	5	5	8	3	4	2	-2	2	2	2	-0	0	0	0	0	-2	2	0	1	3	1	0	68	34	1	0	-33
EPS ₹	0.01	0.02	0.02	0.73	7.45	0.01	-5.24	-0.05	0.06	1.02	3.13	0.14	0.36	0.20	5.29	0.23	0.38	0.26	6.28	0.28	0.49	0.52	0.87	0.27	0.36	0.20	-0.10	0.08	0.08	0.07	-0.01	0.00	0.01	0.01	0.01	-0.09	0.10	0.01	0.06	0.13	0.06	0.01	2.79	1.37	0.05	0.02	-1.35
Revenue YoY	—	—	—	—	2553.8%	-94.0%	-84.4%	-98.7%	-85.4%	4286.5%	12929.6%	11877.8%	-34.3%	-43.6%	-24.2%	16.9%	170.3%	50.3%	-72.9%	294.7%	42.2%	139.6%	9.6%	59.0%	55.9%	-8.1%	1.4%	-20.0%	11.2%	13.7%	-19.7%	14.0%	4.4%	7.7%	-12.6%	-2.9%	2.6%	-5.7%	23.1%	7.0%	-57.1%	39.4%	7.0%	707.3%	99.5%	-14.2%	-14.1%
Profit YoY	—	—	—	—	58866.7%	-77.3%	-331.1%	-106.7%	-99.3%	19240.0%	—	—	565.4%	-80.6%	68.9%	74.2%	5.2%	34.0%	-25.0%	19.3%	28.6%	97.6%	-78.2%	-1.9%	-14.5%	-56.4%	-127.1%	-34.5%	-56.2%	-29.5%	—	-95.9%	-90.3%	-91.5%	—	-2785.7%	1170.6%	30.8%	463.6%	—	-34.3%	-17.6%	5390.3%	978.5%	-8.5%	185.7%	-148.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	-0.8%	-0.8%	-0.9%	-0.5%	-3.0%	-5.4%	-8.2%	-10.6%	-9.6%	-10.0%	-8.3%	-5.1%	-1.8%	-0.7%	4.0%	3.3%	1.8%	4.0%	3.4%	12.4%	10.3%	8.7%	7.8%	-0.2%	3.6%	3.0%	9.5%
ROCE	2.2%	1.8%	1.8%	1.6%	1.4%	0.9%	1.0%	0.3%	0.2%	0.1%	-0.4%	-0.9%	1.5%	4.7%	7.6%	11.8%	8.6%	10.2%	10.0%	19.8%	16.3%	13.2%	12.4%	1.1%	4.6%	4.0%	4.2%
Net margin	-2.1%	-2.4%	-2.6%	-1.3%	-8.6%	-14.7%	-24.3%	-34.4%	-17.9%	-13.1%	-12.5%	-7.4%	-2.9%	-0.8%	3.3%	1.9%	2.2%	4.7%	4.2%	14.6%	15.3%	12.7%	11.3%	-0.3%	6.3%	5.4%	18.0%
EBITDA margin	15.3%	14.8%	13.7%	13.7%	21.1%	20.6%	26.5%	28.7%	14.0%	9.4%	5.5%	2.1%	16.1%	23.4%	23.5%	21.7%	17.3%	18.9%	16.9%	-0.7%	-2.9%	-9.9%	-11.9%	1.6%	-4.7%	-5.6%	-6.0%
Debt / equity	1.28	1.28	1.28	1.28	1.28	1.28	1.28	1.28	1.28	1.28	3.57	3.57	2.09	2.09	2.04	2.04	0.55	0.55	0.36	0.36	0.38	0.38	0.34	0.34	0.28	0.28	0.25
Interest coverage	0.92	0.84	0.68	0.70	0.28	0.14	0.12	0.03	0.03	0.01	-0.11	-0.22	0.48	1.44	2.50	3.85	3.69	4.49	3.85	8.06	8.91	8.61	11.12	1.26	5.47	4.16	3.94
Asset turnover	0.10	0.09	0.09	0.09	0.09	0.10	0.09	0.08	0.14	0.20	0.12	0.13	0.14	0.19	0.28	0.42	0.41	0.44	0.39	0.42	0.36	0.37	0.38	0.32	0.32	0.30	0.31

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 15 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '19‡	MAR '20‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	22	22	22	22	24	24	26	26	26	31	31	31	31	31	31
Other equity / reserves	409	408	408	406	899	890	1,158	2,257	2,501	6,248	6,435	7,311	7,365	7,505	7,690
Total equity	431	430	430	428	924	915	1,184	2,284	2,527	6,279	6,466	7,343	7,397	7,536	7,722
Borrowings	411	683	695	810	960	1,175	4,230	4,765	5,148	3,440	2,338	2,802	2,543	2,103	1,909
Current liabilities	601	456	589	587	1,800	1,803	1,171	2,261	2,389	1,323	3,501	2,700	2,508	2,877	1,993
Non-current liabilities	533	803	766	833	246	218	3,609	4,228	4,431	2,820	1,736	1,983	2,077	1,781	1,836
Total assets	1,565	1,690	1,785	1,848	3,170	3,489	6,367	10,225	10,952	12,168	13,163	13,604	13,593	13,853	13,032
Property, plant & equipment	—	—	—	—	135	132	1,804	3,826	3,788	3,760	3,718	3,228	3,276	3,281	3,282
Capital work-in-progress	450	509	551	276	1,224	1,685	2,425	3,253	3,443	3,657	3,724	3,870	3,945	3,997	4,072
Investments	1	1	2	8	149	8	62	30	126	134	184	668	318	833	953
Inventories	497	556	582	586	152	126	197	261	313	228	212	1,674	1,662	1,213	1,220
Receivables	66	57	59	93	42	54	365	1,786	1,805	1,949	2,594	1,391	1,899	2,284	1,487
Cash & equivalents	16	18	33	45	20	27	570	145	520	1,257	186	137	68	665	187

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 7 periods

	FY14‡	FY15‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	-159	-110	29	-491	26	-529	-14
Cash from investing	-105	-61	-494	-860	-512	1,346	294
Cash from financing	256	173	1,309	598	1,604	-560	-1,034
Capex	112	63	30	2,070	44	472	210
Free cash flow	-271	-173	-1	-2,561	-18	-1,001	-224
Dividends paid	3	3	2	3	3	3	3

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹3,282 cr25%

CWIP

₹4,072 cr31%

Investments

₹953 cr7%

Inventories

₹1,220 cr9%

Receivables

₹1,487 cr11%

Cash & equivalents

₹187 cr1%

Other assets

₹1,831 cr14%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%
Swan Corp Ltd.	7,540	240.55	10.3	0.98	9.5%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-11.5%

6 months-32.3%

1 year-49.9%

3Y CAGR-15.0%

5Y CAGR+13.5%

10Y CAGR+7.3%

50-day avg₹272.03

200-day avg₹323.70

RSI (14)34

Compare Swan Corp Ltd. with

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FAQs

What is the share price of Swan Corp Ltd.?

Swan Corp Ltd. (SWANCORP) closed at ₹240.55 on NSE on 06 Nov 2026.

What is the market cap of Swan Corp Ltd.?

₹7,540 crore at the latest close.

What is the P/E ratio of Swan Corp Ltd.?

10.3, on trailing-twelve-month earnings from its filings.

How fast is Swan Corp Ltd. growing?

Swan Corp Ltd.: revenue has compounded at 44.9% a year over three years. Latest-quarter revenue is down 8.1% year on year.

How profitable is Swan Corp Ltd.?

On a trailing-twelve-month basis return on equity is 9.5%, return on capital employed 4.2%, operating margin -6.0%, net margin 18.0%.

How much debt does Swan Corp Ltd. have?

Swan Corp Ltd. is lightly geared: debt to equity is 0.25 with borrowings of ₹1,909 cr against cash of ₹187 cr (balance sheet of 2026-09-30). Operating profit covers interest 3.9 times.

Financials parsed from Swan Corp Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.