Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy Industries Ltd share price advanced by 5% to Rs 2874.55 after the company's net profit tanked by 1459.67% to Rs 566.44 crore, while revenue from operations gained significantly 124.93% to Rs 68.85 crore in Q3FY26 over Q2FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.45 lakh crore, tumbling by 23.48%. It has eased by 2.75% over last one week and fell by 10.47% in last one month while the market capitalization of Swan Defence and Heavy Industries Ltd has inched up 4.37% and 28.36% in the same period respectively. Profit before tax (PBT) of Swan Defence and Heavy Industries Ltd stood at Rs 3.29 crore in Q3 FY26, nosediving by 43.18% year-on-year, and plunging by 107.90% quarter-on-quarter. EBITDA came in at Rs 74 crore, rallying 91.10% YoY and expanding by 126.63% sequentially. Total expenses surged 53.29% to Rs 102.41 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 8.19 crore, surging by 1720% YoY, while employee benefits expense was at Rs 16.62 crore, witnessing a strong rise of 34.36% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 3913.37% to Rs 282.14 crore, while net profit grew slightly 1.97% to Rs 184.61 crore, compared to previous TTM. EBITDA saw a sharp decline of 11708% to Rs 529.87 crore, and PBT dipped slightly 5.79% to Rs 170.55 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 182.06 crore in FY26, as against Rs 96.21 crore in FY25. Swan Defence and Heavy Industries Ltd rallied 309.68% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.64% during the same period.

Swan Defence and Heavy Industries Ltd share price climbed 5% to Rs 2874.55 after the company's net profit witnessed a sharp fall of 1459.67% to Rs 566.44 crore, while revenue from operations increased sharply by 124.93% to Rs 68.85 crore in Q3FY26 over Q2FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.44 lakh crore, crashing by 23.48%. It has softened by 1.62% over last one week and slid back by 9.79% in last one month while the market capitalization of Swan Defence and Heavy Industries Ltd has marginally improved by 6.31% and 29.81% in the same period respectively. Profit before tax (PBT) of Swan Defence and Heavy Industries Ltd stood at Rs 3.29 crore in Q3 FY26, plunging by 43.18% year-on-year, and tanking 107.90% quarter-on-quarter. EBITDA came in at Rs 74 crore, rallying 91.10% YoY and jumping 126.63% sequentially. Total expenses surged 53.29% to Rs 102.41 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 8.19 crore, witnessing a sharp rise of 1720% YoY, while employee benefits expense was at Rs 16.62 crore, soaring 34.36% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 3913.37% to Rs 282.14 crore, while net profit saw a mild growth of 1.97% to Rs 184.61 crore, compared to previous TTM. EBITDA tumbled by 11708% to Rs 529.87 crore, and PBT saw a marginal contraction of 5.79% to Rs 170.55 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 182.06 crore in FY26, as against Rs 96.21 crore in FY25. Swan Defence and Heavy Industries Ltd surged by 290.18% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 11.80% during the same period.

Swan Defence and Heavy Industries Limited, formerly Reliance Naval and Engineering Limited, will hold a board meeting on Monday, 12th October 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026. The trading window for dealing in securities of the company will remain closed for designated persons and their immediate relatives from 1st October 2026 and will reopen 48 hours after the declaration of the financial results.

Swan Defence and Heavy Industries Limited, formerly known as Reliance Naval and Engineering Limited, announced the appointment of Mr. Venu Avadhanula as Chief Operating Officer, effective October 1, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. Mr. Avadhanula brings over 34 years of experience in shipyard operations, production, and infrastructure development, previously working at Drydocks World in Dubai.

Swan Defence and Heavy Industries Limited, formerly known as Reliance Naval and Engineering Limited, will close its trading window for designated employees and their immediate relatives from October 1, 2026, in accordance with the company’s code of conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will reopen 48 hours after the announcement of the unaudited financial results for the quarter and half year ended September 30, 2026, to the stock exchanges, and designated persons have had their PANs frozen at the security level.

Swan Defence and Heavy Industries Limited, formerly Reliance Naval and Engineering Limited, and Triumph Offshore Private Limited have filed a certified copy of the National Company Law Tribunal’s order approving their Scheme of Arrangement and Amalgamation with the Registrar of Companies, making the scheme effective from September 17, 2026, with an appointed date of April 1, 2024.

Swan Defence and Heavy Industries Ltd share price slipped 1.49% to Rs 2584.8 after the company's net profit plunged by 70.68% to Rs 41.68 crore, while revenue from operations nosedived 87.05% to Rs 30.61 crore in Q2FY26 over Q1FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.55 lakh crore, crashing by 18.05%. It has inched up 6.50% over last one week and crept higher by 0.43% in last one month while the market capitalization of Swan Defence and Heavy Industries Ltd has marginally improved by 1.83% and 34.82% in the same period respectively. Profit before tax (PBT) of Swan Defence and Heavy Industries Ltd stood at Rs 41.68 crore in Q2 FY26, rallying 35.37% year-on-year, and nosediving by 70.68% quarter-on-quarter. EBITDA came in at Rs 32 crore, tanking 35.57% YoY and plunging by 91.61% sequentially. Total expenses slumped by 86.76% to Rs 66.73 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.45 crore, slumping by 80.43% YoY, while employee benefits expense was at Rs 12.36 crore, jumping 23.23% YoY. For the TTM ended FY26, revenue from operations remained flat to Rs 7.03 crore, while net profit surged by 49.18% to Rs 181.04 crore, compared to previous TTM. EBITDA tumbled by 4001% to Rs 118.47 crore, and PBT surged 49.18% to Rs 181.04 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 96.21 crore in FY26, as against Rs 70.15 crore in FY25. Swan Defence and Heavy Industries Ltd jumped 594.19% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Swan Defence and Heavy Industries Ltd share price slipped 3.59% to Rs 2623.8 after the company's net profit plunged by 70.68% to Rs 41.68 crore, while revenue from operations dropped sharply 87.05% to Rs 30.61 crore in Q2FY26 over Q1FY26. The market capitalization of Ship Building & Allied Services industry group stocks on BSE stood at Rs 1.55 lakh crore, tanking 18.05%. It has inched up 5.97% over last one week and crept higher by 0.58% in last one month while the market capitalization of Swan Defence and Heavy Industries Ltd has improved by 2.55% and 37.85% in the same period respectively. Profit before tax (PBT) of Swan Defence and Heavy Industries Ltd stood at Rs 41.68 crore in Q2 FY26, rallying 35.37% year-on-year, and crashing by 70.68% quarter-on-quarter. EBITDA came in at Rs 32 crore, tumbling by 35.57% YoY and nosediving by 91.61% sequentially. Total expenses saw a steep drop of 86.76% to Rs 66.73 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 0.45 crore, registering a fall of 80.43% YoY, while employee benefits expense was at Rs 12.36 crore, witnessing a strong rise of 23.23% YoY. For the TTM ended FY26, revenue from operations remained flat to Rs 7.03 crore, while net profit saw a strong growth of 49.18% to Rs 181.04 crore, compared to previous TTM. EBITDA tumbled by 4001% to Rs 118.47 crore, and PBT witnessed a strong rise of 49.18% to Rs 181.04 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 96.21 crore in FY26, as against Rs 70.15 crore in FY25. Swan Defence and Heavy Industries Ltd jumped 604.66% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

Swan Defence and Heavy Industries Limited, formerly Reliance Naval and Engineering Limited, has secured a contract from Denmark-based Svitzer A/S to construct four TRAnsverse 3200 tugs, with deliveries scheduled to begin in early 2028. The order, which follows a competitive evaluation of global shipyards, will see the vessels built at SDHI’s yard in Pipavav, Gujarat, and reflects Svitzer’s commitment to the Indian maritime sector and government initiatives including Maritime India Vision 2030, Make in India, and Atmanirbhar Bharat.

Swan Defence and Heavy Industries Limited, formerly Reliance Naval and Engineering Limited, will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The trading window for securities of the company will remain closed for designated persons and their immediate relatives from July 1, 2026, and will reopen 48 hours after the declaration of the financial results.