Swan Defence and Heavy Industries Ltd

 Swan Defence and Heavy Industries (SDHI) has signed an exclusive Memorandum of Understanding (MoU) with European offshore oil & gas vessel leader Royal IHC. The partners will combine their expertise, infrastructure, and geographical advantages to design, build, and retrofit offshore oil and gas and other types of vessels. The MoU was signed along with Alar Infrastructure, the Indian representative of Royal IHC. The collaboration will explore opportunities to build Offshore Construction Vessels, Pipe Laying Vessels, and Multi-Purpose Offshore Support Vessels at SDHl's shipyard in Pipavav Port, Gujarat. The partnership will reinforce the Government of India's Make in India and Atmanirbhar Bharat initiatives by advancing indigenous shipbuilding and enhancing cost competitiveness.Powered by Capital Market - Live

The agreement, also involving Alar Infrastructure, aims to develop and retrofit offshore construction vessels, pipe laying vessels, and multi-purpose offshore support vessels at Swan Defence and Heavy Industries (SDHI)'s Pipavav Port, Gujarat shipyard. The partnership targets strengthening India's indigenous shipbuilding under Make in India and Atmanirbhar Bharat, and seeks to provide cost-competitive solutions for global offshore vessel markets. Swan Defence, formerly known as Reliance Naval and Engineering, is a shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country's largest dry dock (662m x 65m) and has a fabrication capacity of 144,000 tons per annum. On a consolidated basis, Swan Defence and Heavy Industries reported net loss of Rs 31.17 crore in Q1 June 2025 as against net loss of Rs 51.45 crore in Q1 June 2024. Net sales stood at Rs 0.42 crore in Q1 June 2025. No sales were reported in the same quarter last year. Powered by Capital Market - Live

Swan Defence and Heavy Industries (SDHI) announced a strategic Memorandum of Understanding (MoU) with Sagarmala Finance Corporation (SMFCL), India's maritime-focused NBFC. Under the partnership, SDHI & SMFCL will jointly explore projects including newbuilds, ship repairs and infrastructure for support under Maritime focused Equity Fund (MfEF). The MoU covers four strategic areas ancillary maritime across technical & commercial evaluation, financing, project execution, and ecosystem development to advance shipbuilding in line with Maritime India Vision 2030, PM Gati Shakti, and India's goal of becoming a global shipbuilding leader. SDHI and SMFCL will conduct feasibility studies covering project design, yard capacity, vessel types, and technology integration. The partnership will drive adoption of advanced, sustainable shipbuilding technologies - such as green fuels, energy-efficient designs, and digital shipyards - while promoting localisation of supply chains, vendor development, and robust backward linkages to strengthen India's maritime manufacturing ecosystem. Under the MoU, the partners will develop a financing plan covering capital structure, equity, debt, and credit enhancements, while identifying co-financiers such as multilateral institutions, government agencies, and private investors.Powered by Capital Market - Live

Swan Defence and Heavy Industries (SDHI) has signed a landmark Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of Rs 4250 crore. The partnership is set to modernize shipyard infrastructure, strengthen domestic supply chains and build a sustainable talent pipeline for India's maritime industry. This significant investment is a testament of SDHI's commitment toward India's maritime ambition. The Rs 4250 crore investment will be deployed across three key projects at the shipyard in Pipavav Port, Gujarat, that is home to India's largest dry dock, with capacity to build vessels up to 400,000 DWT. The partnership will infuse Rs 3500 crore for capacity expansion at the shipyard, including slipway, jetties, additional cranes, block fabrication, and dredging. This will enhance the shipyard's capacity to meet global as well as Indian shipbuilding demand. A 200 crore world-class Centre of Excellence (CoE) for Maritime will come up at the shipyard to deliver a certified, industry-ready workforce of over 1,000 youth annually. The CoE will be equipped with state-of-the-art smart classrooms, specialized labs, advanced simulators, and design software systems to enable innovation in ship design, shipbuilding, and retrofits. SDHI will also develop a 200-acre Maritime Cluster within the shipyard for an investment of 550 crores. The cluster will serve as a maritime hub for ancillary industries, suppliers, and support services to foster innovation, improve efficiency, boost local economy, and strengthen global trade. This strategic collaboration between SDHI and GMB aligns with the Maritime Amrit Kaal Vision 2047, ushering in a new era of growth, innovation, and global leadership for the Indian shipbuilding ecosystem. Powered by Capital Market - Live

Swan Defence & Heavy Industries announced that the 28th Annual General Meeting(AGM) of the company will be held on 24 September 2025.Powered by Capital Market - Live

Net Loss of Swan Defence and Heavy Industries reported to Rs 31.17 crore in the quarter ended June 2025 as against net loss of Rs 51.45 crore during the previous quarter ended June 2024. Sales reported to Rs 0.42 crore in the quarter ended June 2025. There were no Sales reported during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales0.420 0 OPM %-7528.570 - PBDT-16.02-36.61 56 PBT-31.17-51.45 39 NP-31.17-51.45 39 Powered by Capital Market - Live

Swan Defence & Heavy Industries will hold a meeting of the Board of Directors of the Company on 1 August 2025.Powered by Capital Market - Live

Swan Defence and Heavy Industries announced that Vishant Shetty, Company Secretary & Compliance Officer (KMP) of the Company, has submitted his resignation from his position and has since been relieved from his duties with effect from closing of business hours on 22 June 2025. Powered by Capital Market - Live

Net Loss of Swan Defence and Heavy Industries reported to Rs 22.89 crore in the quarter ended March 2025 as against net loss of Rs 38.85 crore during the previous quarter ended March 2024. Sales reported to Rs 4.91 crore in the quarter ended March 2025. There were no Sales reported during the previous quarter ended March 2024. For the full year,net loss reported to Rs 181.51 crore in the year ended March 2025 as against net loss of Rs 121.36 crore during the previous year ended March 2024. Sales reported to Rs 7.03 crore in the year ended March 2025. There were no Sales reported during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales4.910 0 7.030 0 OPM %-192.260 --1535.700 - PBDT-4.74-21.86 78 -118.40-52.90 -124 PBT-20.66-38.85 47 -179.28-121.36 -48 NP-22.89-38.85 41 -181.51-121.36 -50 Powered by Capital Market - Live

Swan Defence & Heavy Industries will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live