SWELECT FY26 PAT Jumps 312% to INR 57.58 Cr

2 min read     Updated on 23 May 2026, 02:49 PM
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AI Summary

SWELECT Energy Systems Limited reported a consolidated net profit of INR 57.58 crore for the financial year ended March 31, 2026, a significant increase from INR 13.98 crore in the previous year. Revenue from operations rose to INR 657.12 crore from INR 621.67 crore. The board recommended a final dividend of INR 3.50 per share and appointed auditors for the upcoming fiscal year.

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SWELECT Energy Systems Limited has reported its financial results for the year ended March 31, 2026. The board approved the audited standalone and consolidated financial results during a meeting held on May 21, 2026. The statutory auditors issued an unmodified opinion on the audited results.

Consolidated Financial Performance

For the financial year 2025-26, the company reported a consolidated net profit of INR 57.58 crore, a sharp rise from INR 13.98 crore in the previous year. Total income for the year stood at INR 693.21 crore, compared to INR 668.61 crore in the prior year. Revenue from operations increased to INR 657.12 crore from INR 621.67 crore.

For the quarter ended March 31, 2026, the consolidated net profit was INR 11.09 crore versus INR 8.98 crore in the same quarter of the previous year. Q4 revenue stood at INR 202.42 crore compared to INR 218.81 crore year-on-year. The following table summarises key annual and quarterly consolidated metrics:

Metric: FY26 FY25
Consolidated Net Profit (INR in Cr): 57.58 13.98
Consolidated Total Income (INR in Cr): 693.21 668.61
Revenue from Operations (INR in Cr): 657.12 621.67

Q4 EBITDA Performance

On an operational profitability basis, SWELECT Energy reported notable improvement in its quarterly EBITDA metrics. The table below captures the year-on-year Q4 EBITDA comparison:

Metric: Q4 FY26 Q4 FY25
EBITDA (INR in Cr): 42.87 42.67
Profit Before Tax (INR in Cr): 12.80 15.74
Profit After Tax (INR in Cr): 11.09 8.98
Revenue from Operations (INR in Cr): 202.42 218.81

Standalone Financial Results

On a standalone basis, the company reported a net profit of INR 19.56 crore for the year ended March 31, 2026, up from INR 8.58 crore in the previous year. Total standalone income for the year was INR 41.15 crore, while revenue from operations was INR 37.61 crore. For the quarter ended March 31, 2026, standalone net profit was INR 7.69 crore on a total income of INR 15.59 crore.

Dividend and Appointments

The Board of Directors has recommended a final dividend of INR 3.50 per equity share of face value INR 10 each for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the Annual General Meeting (AGM). If approved, it will be paid or credited on August 13, 2026. The record date for determining dividend entitlement is July 24, 2026.

Additionally, the board appointed M/s. S K Ram Associates, Chartered Accountants, as the Internal Auditor and M/s. Ravichandran Bhagyalakshmi & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-2027. The remuneration of the Cost Auditor is subject to ratification by the shareholders.

Annual General Meeting

The 31st Annual General Meeting is scheduled to be held on July 31, 2026, via Video Conferencing or Other Audio-Visual Means. The register of members will remain closed from July 25, 2026, to July 31, 2026, for the purpose of the AGM and determining dividend entitlement.

Historical Stock Returns for SWELECT Energy Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%+5.94%+0.48%-6.90%+18.10%+184.88%

What specific business segments or subsidiaries drove the fourfold increase in consolidated net profit for FY26, and are these growth drivers sustainable into FY27?

Given the decline in Q4 FY26 revenue from operations compared to Q4 FY25, does this signal a potential slowdown in order inflows or project execution that could impact FY27 performance?

How does SWELECT Energy plan to capitalize on India's expanding renewable energy sector, and are there any upcoming large-scale solar or energy storage projects in its pipeline?

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SwELECT transfers 17.5 lakh shares in ESG Green Energy

0 min read     Updated on 22 May 2026, 06:44 AM
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AI Summary

SwELECT Energy Systems transferred 17,50,000 equity shares in ESG Green Energy Private Limited to Syrma SGS Technology Limited. The off-market transfer was approved by the Investment Committee on May 20, 2026. Despite the transfer, ESG Green Energy remains a subsidiary of SwELECT Energy Systems.

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swelect energy systems has transferred 17,50,000 equity shares in ESG Green Energy Private Limited. The off-market transfer was approved by the company's Investment Committee during its meeting held on May 20, 2026.

The transferred equity shares have a face value of ₹10 each. The shares were sold to Syrma SGS Technology Limited, identified as a proposed group captive consumer within the subsidiary company.

Transaction Details

The transfer involves the following key details regarding the transaction:

Particulars Details
Number of Shares Transferred 17,50,000
Face Value ₹10 per share
Transferee Syrma SGS Technology Limited
Date of Approval May 20, 2026

Subsidiary Status

Despite the transfer of equity shares, the status of ESG Green Energy Private Limited remains unchanged. The company continues to be a subsidiary of SwELECT Energy Systems Limited. The compliance regarding this transfer has been submitted to the relevant stock exchanges for record.

Historical Stock Returns for SWELECT Energy Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.70%+5.94%+0.48%-6.90%+18.10%+184.88%

How will Syrma SGS Technology Limited's role as a group captive consumer impact ESG Green Energy's power generation capacity utilization and future revenue streams?

Could this equity transfer signal a broader strategy by SwELECT Energy Systems to onboard more industrial captive consumers into ESG Green Energy, and which sectors might be targeted next?

What are the potential financial benefits for Syrma SGS Technology Limited in terms of energy cost savings by becoming a group captive consumer, and how might this affect its operational margins?

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1 Year Returns:+18.10%