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Prices as of 9 Oct 2026 close · Not investment advice

SWAN CORP LIMITED

NSE: SWANCORPPetrochemicals

Share price

₹261.50

+0.48% close of 9 Oct 2026

Market cap ₹8,107 CrP/E 36.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

35

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹8,107 Cr

P/E ratio

36.2

P/B ratio

1.1

ROCE

-0.6%

ROE

-4.5%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹480.3052-week low ₹260.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2023 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2023 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.4 times its growth rate, on earnings growth of 86%.

Profit growthPrice per ₹1 profitPer 1% growth
SWAN CORP LIMITED — this one86%/yr36.2×₹0.42
Supreme Petrochem Limited—30.5×—
Rain Industries Limited-69%/yr13.4×—
Bhansali Engineering Polymers Limited10%/yr15.6×₹1.6
Manali Petrochemicals Limited1%/yr12.4×₹12.4
DCW Limited-32%/yr18.1×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Petrochemicals), it ranks 10 of 10 on returns, 2 of 10 on growth, 10 of 10 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

It is losing money on the capital in the business, so there is no advantage to measure.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹979 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being paid 365 days before it paid its own suppliers to waiting 101 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

4 of 10 checks clear · 40%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue fell 16.4% year on year and net profit swung to a ₹35.99 Cr loss.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,014 Cr

Revenue vs last year

-16.4%

Revenue vs last quarter

+16.5%

Net profit

-₹36 Cr

Profit vs last year

-233.3%

Profit vs last quarter

-114.3%

Net margin

-3.6%

EPS

₹-1.15

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹8,107 Cr
Prev close
₹261.50
52w High
₹494
52w Low
₹254
Enterprise value
₹8,842 Cr
Beta
1.6
Price CAGR 1y
-38.0%
Price CAGR 3y
-2.0%
Price CAGR 5y
16.0%
Price CAGR 10y
10.0%

Ratios

Return on assets
2.0%
PEG ratio
0.4
P/E ratio
36.2
P/B ratio
1.1
EV / EBITDA
—
Industry P/E
13.6
ROCE
-0.6%
ROCE 5y average
1.6%
ROE
-4.5%
Debt / Equity
0.3
Interest coverage
5.5
Dividend yield
0.1%
ROE 3y average
-7.0%
ROE last year
-5.0%

Annual P&L

Annual revenue
₹4,371 Cr
Annual profit
₹271 Cr
Operating margin
-4.7%
Net profit margin
6.2%
EBITDA margin
-4.7%
Sales growth 3y
44.9%
Sales growth 5y
68.7%
Profit growth 3y
86.0%
Profit growth 5y
43.0%
EPS
₹8.8
Sales growth TTM
-17.0%
Profit growth TTM
-65.0%
Dividend payout
2.0%

Quarter P&L

Sales latest quarter
₹1,014 Cr
Profit latest quarter
-₹36 Cr
YoY quarterly sales growth
-16.4%
YoY quarterly profit growth
-233.3%
OPM latest quarter
-0.4%

Balance Sheet

Book Value
₹243
Face Value
₹1.0
Total debt
₹2,130 Cr
Total cash
₹822 Cr
Borrowings
₹2,130 Cr
Reserves / Equity
242.1

Cash Flow

Operating cash flow
-₹14 Cr
Free cash flow
-₹221 Cr
FCF yield
-3.7%
Net cash flow
-₹754 Cr

Shareholding

Promoter holding
54.0%
FII holding
10.3%
DII holding
12.9%
Public holding
22.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Supreme Petroch.785.4030.214,7691.31236.3192.11,692.722.118.8
Swan Corp258.5036.38,1030.06-36.0-264.21,013.8-16.4-0.6
Rain Industries212.9513.47,1630.47341.0388.05,167.217.48.3
Bhansali Engg.124.4015.53,0963.2365.643.0472.253.323.8
Manali Petrochem86.0012.41,4790.5764.4348.8274.717.17.3
DCW44.3918.41,3100.6534.6203.3541.914.09.9
T N Petro Prod.118.757.81,0681.2580.1126.0780.268.510.9
Median151.3013.31,1890.6131.0159.0507.015.514.8

Competes with: Agarwal Industrial Corporation Limited, Bhansali Engineering Polymers Limited, DCW Limited, Kothari Petrochemicals Limited, Manali Petrochemicals Limited, Pasupati Acrylon Limited, Rain Industries Limited, Supreme Petrochem Limited, Tamilnadu PetroProducts Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8041,2231,5921,3981,1421,0321,9088561,2131,1381,1508701,014
Expenses5679661,3361,2807619122,5648421,1861,1331,1251,1311,018
Material Cost7621,1081,0891,031590950
Change in Inventories2427-2819448-2.21
Purchases of Stock-in-Trade000000
Employee Cost232227343132
Other Expenses332944406138
Operating Profit237257256118381120-6561427525-261-4
OPM %3021168.413312-341.622.200.442.20-30-0.38
Other Income4763920311,8692459472863934
Exceptional items (within Other Income)-2.2300000
Interest57585853536645232221182034
Depreciation27272734282861313030313231
Profit before tax15717823440321571,107-153414327-35
Tax %876-4016-174945201,044129233
Net Profit1451662205626867562-2227-6-1251-36
EPS in Rs2.803.204.360.854.431.6419-0.570.61-0.12-0.318.57-1
Diluted EPS in Rs-0.750.84-0.19-0.048.02-1.15

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3143323513478923413204871,4385,0174,9384,3714,172
Expenses2843043173128142892524191,2074,1495,0794,5754,406
Material Cost4,1553,819
Change in Inventories32468
Purchases of Stock-in-Trade00
Employee Cost75114
Other Expenses818175
Operating Profit3128333578526868231868-141-204-234
OPM %108101091521141617-2.90-4.70-6
Other Income147131101994711821,944774749
Exceptional items (within Other Income)-2.230
Interest3024325854501081892232261868193
Depreciation101112141415427081115147124124
Profit before tax5037329-4-78-184-626091,469363296
Tax %43229782512114-12-14-244126
Net Profit3-0155-6-5-69-158-61586874271208
EPS in Rs0.14-0.010.032.24-0.22-0.20-2.81-5.98-2.319.61248.757.14
Diluted EPS in Rs298.65
Dividend Payout %110-5822724-46-51-4-2-4102

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
29%
5 years
69%
3 years
45%
TTM
-17%

Compounded profit growth

10 years
88%
5 years
43%
3 years
86%
TTM
-65%

Stock price CAGR

10 years
10%
5 years
16%
3 years
-2%
1 year
-38%

Return on equity

10 years
-7%
5 years
-7%
3 years
-7%
Last year
-5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222242424242626313131
Reserves4084084099078998908501,2192,2576,2487,3117,505
Borrowings7058178219121,0771,2063,0774,1174,9853,4492,8232,130
Other Liabilities5545385967931,1691,3689851,0352,9562,4393,4374,187
Minority Interest1,5781,658
Total Liabilities1,6901,7851,8482,6363,1703,4894,9366,39710,22512,16813,60413,853
Fixed Assets3733846045775645562,2822,2384,2254,1483,7343,806
CWIP5095513136171,2241,6851,9272,3893,2533,6573,8703,997
Investments12832414981330134668833
Other Assets8078489231,1181,2331,2397261,7682,7174,2295,3315,218
Total Assets1,6901,7851,8482,6363,1703,4894,9366,39710,22512,16813,60313,853

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-110123696242-9530229-49126-529-14
Cash from Investing Activity-61-63-29-533-763-324-2,001-494-860-5121,346294
Cash from Financing Activity173-45-294817074271,7601,3095981,604-560-1,034
Net Cash Flow2151210-14862843-7521,118257-754
Free Cash Flow-1736073-158-566-563-1,709-462-3,424-4212,419-221

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days67649660175833160453139100188
Inventory Days812793790861742062931928921146103
Days Payable85691103841992672323291970106
Cash Conversion Cycle79378877753671172259120213142176185
Working Capital Days316188239229-220-428-1,237-3652410462101
ROCE %3233321028-1-1

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters646454545454545454545454
FIIs181011121211109.368.899.701010
DIIs2.905.8214151413131313131313
Public152021192122232324242323
No. of Shareholders40,01956,45298,55594,7301,23,3211,37,9451,50,8751,60,6741,60,8561,44,7021,37,4521,40,601

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -41.2% (₹444.75 → ₹261.50)Brick size ₹10.70 (fixed)Bricks 35
₹300₹400₹262Nov '25Jan '26Mar '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹261.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

735inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,36,71,627inr

2026-03-31

News

News and filings about SWAN CORP LIMITED. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Dyes and textile processing chemicals
  • Greige fabric
  • Traded chemicals / petrochemicals / heavy distillates (Veritas)

Depends on the price of

  • Crude Oil Brent
  • LNG

Sells to

  • Bharat Petroleum Corporation · LNG regasification capacity / natural gas send-out (~1 MMTPA, 20-yr) at Swan LNG Jafrabad…
  • Gujarat State Petroleum Corporation (GSPC) · LNG regasification capacity (~1.5 MMTPA, 20-yr) at Swan LNG Jafrabad terminal
  • Indian Oil Corporation · LNG regasification capacity / natural gas send-out (~1 MMTPA, 20-yr) at Swan LNG Jafrabad…
  • Oil & Natural Gas Corporation · LNG regasification capacity / natural gas send-out (~1 MMTPA, 20-yr) at Swan LNG Jafrabad…
  • Oil refiners · petrochemicals / heavy distillates (Veritas distribution)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Chemicals
Industry
Petrochemicals
Classification
Chemicals › Petrochemicals
ISIN
INE665A01038

Business segments

  • Segment - Distribution & Development · 84%
  • Segment - Shipyard · 7%
  • Segment - Textile · 5%
  • Segment - Construction/Others · 3%
  • Segment - Warehousing · 2%

Plants

  • Swan LNG FSRU terminal, Jafrabad
  • Swan Mills textile processing plant
  • Veritas Dighi Port chemical complex
  • Veritas Hamriyah chemical terminal

News impact

Big market events that reach SWAN CORP LIMITED, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

28 Aug 2026unspecified₹0.15
22 Sep 2025unspecified₹0.1
19 Sep 2024unspecified₹0.1
21 Sep 2023unspecified₹0.1
20 Sep 2022unspecified₹0.1
7 Sep 2021unspecified₹0.1
18 Sep 2020unspecified₹0.1
3 Sep 2019unspecified₹0.1

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
10 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY53,31,806₹304.04
10 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL53,31,806₹304.19
10 Sep 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY17,24,427₹304.08
10 Sep 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL17,21,319₹304.19
10 Sep 2026GRAVITON RESEARCH CAPITAL LLPBUY15,91,724₹305.95
10 Sep 2026GRAVITON RESEARCH CAPITAL LLPSELL15,91,724₹305.85

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
9 Sep 2026Swan Engitech Private Limited · Promoter GroupUNKNOWN20,00,00056.26

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.