SWELECT Energy Systems
568.75
+29.30(+5.43%)
Market Cap₹862.15 Cr
PE Ratio14.74
Company Performance:
1D+5.43%
1M-1.80%
6M-22.97%
1Y-7.74%
5Y+195.15%
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More news about SWELECT Energy Systems
13Nov 25
SWELECT Energy Systems Reports 84% Jump in Q2 Net Profit Despite Revenue Decline
SWELECT Energy Systems Limited (SESL) reported a significant increase in net profit for Q2 FY2025-26, despite a revenue decline. Net profit rose by 84% to 619.24 million rupees, while revenue fell 35.2% to 9,454.99 million rupees. EBITDA increased by 91.5% to 4,075.60 million rupees, with EBITDA margin expanding to 29.35% from 14.59% year-over-year. The company's improved profitability amid lower sales suggests effective cost management and operational efficiency strategies.
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05Nov 25
SWELECT Energy Systems Bolsters Leadership with Appointment of Solar Industry Veteran
SWELECT Energy Systems Limited has appointed Srinivasu Mullapudi as Vice President - Supply Chain Management, EPC and Manufacturing, effective November 5, 2025. Mullapudi brings over 15 years of experience in the solar industry, specializing in procurement and supply chain management. He has handled annual procurement budgets exceeding ₹3000.00 crore and led strategic sourcing for multi-gigawatt solar projects. His expertise includes vendor management, EXIM operations, and digital procurement tools. This appointment aims to enhance SWELECT's operational efficiency, supply chain optimization, and cost leadership in the competitive solar energy market.
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16Oct 25
SWELECT Energy Systems Proposes Leadership Changes and Major Related Party Transaction
SWELECT Energy Systems Limited announces significant leadership changes and a material related party transaction through a postal ballot notice. Key proposals include redesignating R Chellappan as Whole-time Director and Vice-Chairman, appointing Dr. Arulkumar Pudur Shanmugasundaram as CEO and Managing Director, redesignating A Balan as Whole-time Director, and appointing Gnanasekar Sukumar Samuel as Non-Executive Director. The company also seeks approval for transactions up to Rs 350 crores with its subsidiary, ESG Green Energy Private Limited. Remote e-voting is scheduled from October 17 to November 15, 2025.
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01Oct 25
Swelect Energy Systems Expands Solar Capacity with New 2 MW Plant
SWELECT Energy Systems Limited has commissioned a new 2 MW solar power plant through its wholly-owned subsidiary, SWELECT Green Energy Solutions Private Limited. The plant, located in Kambiliampatti Village, Tamil Nadu, will sell power to third-party users via the Intra State Open Access System. This addition increases the subsidiary's total power generation capacity to 14 MW, strengthening SWELECT's position in the renewable energy market and aligning with India's sustainable energy goals.
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05Sept 25
SWELECT Energy Systems Revises Divestment Plan for AMEX Alloys Subsidiary
SWELECT Energy Systems Limited has modified its divestment strategy for its wholly owned subsidiary, AMEX Alloys Private Limited. The revised plan extends the timeline for the sale of equity investment. The new plan consists of two tranches: 90% shareholding to be divested by March 31, 2024, and the remaining 10% by June 30, 2024. This change was made in response to a request from the buyer, altering the original timeline set in the Share Purchase Agreement from October 11, 2023.
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04Sept 25
SWELECT Energy Systems Announces Major Leadership Restructuring
SWELECT Energy Systems Limited has announced significant changes to its leadership structure following a board meeting on September 4, 2025. R. Chellappan has been redesignated from Managing Director to Whole Time Director and Vice-Chairman, while A. Balan moves from Whole Time Director (Joint Managing Director) to Whole Time Director. Dr. Arulkumar Pudur Shanmugasundaram, with 30 years of technology industry experience, has been appointed as CEO & Managing Director. G.S. Samuel joins as a Non-Executive Non-Independent Director. Dr. Shanmugasundaram will also be part of several key committees. All appointments are effective from September 4, 2025, with remuneration approved subject to shareholder approval.
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13Aug 25
SWELECT Energy Systems Reports Strong Q1 Growth, Approves Solar Subsidiary Expansion
SWELECT Energy Systems Limited reported strong Q1 FY2026 results with consolidated revenue up 55.7% to Rs. 17,722.48 lakhs and profit after tax soaring 220.6% to Rs. 2,113.96 lakhs. The company's Board approved an additional Rs. 9 crore investment in its subsidiary, ESG Green Energy Private Limited, to increase solar power capacity from 16 MW to 25 MW. This will raise total investment in the subsidiary to Rs. 30 crores, reducing SWELECT's stake to 73.98% from 100%.
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30May 25
SWELECT ENERGY SYSTEMS Reports Mixed Q4 Results, Declares Dividend
SWELECT ENERGY SYSTEMS announced Q4 financial results with revenue increasing 191.39% to 2.20 billion rupees. EBITDA grew 20.88% to 286.00 million rupees. However, net profit declined 75.51% to 89.00 million rupees. The company declared a dividend of 3.00 rupees per share despite profitability challenges. EBITDA margin decreased to 13.08% from 31.33% year-over-year.
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02Apr 25
SWELECT Energy Systems Boosts Renewable Energy Portfolio with Wind and Solar Expansions
SWELECT Energy Systems Limited has enhanced its renewable energy capacity. The company added a 300 KW Solar PV Power Plant with a 200 kWh Battery Energy Storage System to its existing 500 KW Wind Energy Generator in Tamil Nadu. Additionally, its subsidiary, SWELECT Clean Energy Private Limited, commissioned a new 3 MW solar power plant, increasing its total generation capacity to 22 MW.
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01Apr 25
SWELECT Energy Systems Boosts Renewable Energy Portfolio with Wind and Solar Expansions
SWELECT Energy Systems has enhanced its renewable energy portfolio. The company upgraded its wind energy facility in Tamil Nadu with a 300 KW Solar PV Power Plant and a 200 kWh Battery Energy Storage System. Additionally, its subsidiary commissioned a new 3 MW Solar Power Plant in Dindigul District, Tamil Nadu, on March 31, 2025, bringing its total power generation capacity to 22 MW.
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22Mar 25
SWELECT Energy Systems Invests Rs 2.5 Crore in Subsidiary NOEL Media
SWELECT Energy Systems Limited has approved a Rs 2.5 crore investment in its wholly-owned subsidiary, NOEL Media & Advertising Private Limited. The investment will be made through 2,50,000 Redeemable, Non-Convertible, Non-Cumulative 0.01% Preference Shares at Rs 100 per share. This move aims to meet NOEL's funding requirements while maintaining SWELECT's 100% equity shareholding. NOEL, originally established for advertisement and media business, now operates a 1 MW Solar Power Plant in Tamil Nadu. The transaction is expected to be completed by March 31, 2025.
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13Mar 25
Swelect Energy Systems Secures 150 MW Solar Module Orders and Raises ₹290 Crore for Expansion
Swelect Energy Systems has secured orders for over 150 MW of high-efficiency TOPCon Bi-facial solar PV modules. The company has achieved a 100% success rate in module testing. Swelect Group raised ₹290 crore through NCDs, unlocking ₹260 crore in cash collaterals. The funds will be used to expand its IPP portfolio, aiming for 1 GW of solar power assets by 2026-27. For FY 2023, Swelect reported revenues of ₹390.33 crore.
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12Mar 25
SWELECT Energy Systems: Secures 150 MW Module Orders, Raises ₹290 Crore for Expansion
SWELECT Energy Systems has secured orders for over 150 MW of high-efficiency TOPCon Bi-facial solar PV modules, demonstrating its technological leadership. The company has also raised ₹290 crore through Non-Convertible Debentures, unlocking ₹260 crore in cash collaterals. SWELECT plans to reinvest these funds to expand its Independent Power Producer portfolio to 1 GW by 2026-27. The company reported revenues of ₹390.33 crore for the financial year ending March 31, 2023.
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SWELECT Energy Systems
568.75
+29.30
(+5.43%)
1 Year Returns:-7.74%
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