Swelect Energy Systems Ltd
Incorporated in 1994, Swelect Energy Systems Ltd is in the business of Solar and Solar
Related Activities[1]
- Market Cap ₹ 849 Cr.
- Current Price ₹ 562
- High / Low ₹ 1,405 / 460
- Stock P/E 125
- Book Value ₹ 564
- Dividend Yield 0.53 %
- ROCE 5.35 %
- ROE 3.61 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 18.9%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.30% over past five years.
- Company has a low return on equity of 2.56% over last 3 years.
- Earnings include an other income of Rs.78.0 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
176 | 176 | 222 | 276 | 241 | 294 | 228 | 252 | 253 | 354 | 246 | 243 | 478 | |
173 | 170 | 214 | 253 | 217 | 261 | 202 | 216 | 202 | 273 | 184 | 159 | 386 | |
Operating Profit | 3 | 6 | 8 | 23 | 24 | 34 | 25 | 36 | 51 | 81 | 62 | 84 | 92 |
OPM % | 2% | 4% | 3% | 8% | 10% | 11% | 11% | 14% | 20% | 23% | 25% | 35% | 19% |
673 | 27 | 24 | 32 | 36 | 27 | 27 | 4 | 23 | 5 | 2 | 79 | 78 | |
Interest | 4 | 5 | 13 | 12 | 10 | 10 | 15 | 17 | 18 | 23 | 30 | 51 | 59 |
Depreciation | 7 | 10 | 17 | 17 | 19 | 23 | 26 | 30 | 28 | 28 | 26 | 42 | 44 |
Profit before tax | 665 | 18 | 2 | 26 | 31 | 27 | 10 | -7 | 28 | 36 | 8 | 70 | 67 |
Tax % | 22% | 11% | 117% | 36% | 30% | 42% | 35% | 45% | 5% | 9% | 18% | 10% | |
521 | 17 | -0 | 17 | 22 | 16 | 7 | -10 | 26 | 32 | 6 | 63 | 41 | |
EPS in Rs | 342.68 | 10.64 | -0.25 | 10.89 | 14.23 | 10.45 | 4.49 | -6.71 | 17.20 | 21.37 | 3.65 | 40.91 | 26.44 |
Dividend Payout % | 2% | 56% | -665% | 24% | 19% | 25% | 37% | -30% | 17% | 14% | 33% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | -1% |
TTM: | 85% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 41% |
3 Years: | 14% |
TTM: | -74% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 47% |
3 Years: | 19% |
1 Year: | -54% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 655 | 668 | 668 | 672 | 690 | 705 | 716 | 704 | 727 | 760 | 772 | 824 | 840 |
47 | 101 | 139 | 132 | 114 | 206 | 198 | 228 | 358 | 459 | 550 | 569 | 635 | |
93 | 99 | 84 | 57 | 87 | 70 | 70 | 97 | 90 | 166 | 148 | 253 | 157 | |
Total Liabilities | 805 | 879 | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,648 |
184 | 267 | 290 | 301 | 323 | 376 | 427 | 441 | 463 | 566 | 666 | 717 | 711 | |
CWIP | 1 | 12 | 17 | 1 | 3 | 12 | 13 | 11 | 72 | 25 | 32 | 7 | 2 |
Investments | 281 | 292 | 257 | 288 | 257 | 272 | 258 | 242 | 277 | 291 | 285 | 275 | 285 |
339 | 309 | 337 | 281 | 319 | 331 | 296 | 350 | 380 | 519 | 504 | 663 | 650 | |
Total Assets | 805 | 879 | 901 | 871 | 901 | 991 | 994 | 1,044 | 1,192 | 1,401 | 1,485 | 1,661 | 1,648 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-36 | -44 | -5 | 4 | 29 | 3 | 69 | 28 | 33 | 97 | 131 | 90 | |
176 | 19 | 49 | 42 | 18 | -98 | -120 | -30 | -142 | -73 | -284 | -82 | |
-118 | 44 | 15 | -28 | -52 | 49 | -53 | -4 | 94 | 99 | 11 | 32 | |
Net Cash Flow | 23 | 19 | 59 | 17 | -5 | -47 | -103 | -6 | -15 | 124 | -142 | 40 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 90 | 91 | 93 | 109 | 72 | 64 | 78 | 96 | 89 | 99 | 78 |
Inventory Days | 104 | 122 | 86 | 83 | 157 | 135 | 191 | 209 | 210 | 346 | 412 | 1,034 |
Days Payable | 134 | 142 | 107 | 91 | 176 | 104 | 173 | 160 | 178 | 277 | 244 | 411 |
Cash Conversion Cycle | 37 | 69 | 70 | 86 | 90 | 103 | 82 | 128 | 129 | 158 | 267 | 702 |
Working Capital Days | 7 | 34 | 174 | 65 | 73 | 90 | 92 | 77 | 312 | 173 | 204 | 241 |
ROCE % | 8% | 2% | 1% | 3% | 5% | 4% | 1% | 2% | 4% | 6% | 4% | 5% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations , 2018
-
Announcement Under Regulation 30 Of SEBI LODR
1 Apr - SWELECT adds 300 KW solar capacity and commissions 3 MW solar plant.
- Closure of Trading Window 27 Mar
-
Announcement under Regulation 30 (LODR)-Acquisition
22 Mar - Investment of Rs. 2.5 Crores in Noel Media.
-
Media Release Titled 'SWELECT Secures Over 150 MW Of Solar Module And Raises ?290 Crores To Power Expansion'
12 Mar - SWELECT secures 150 MW solar orders and raises ₹290 crores.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Business Overview:[1]
SESL, the flagship of the Swelect group, formerly produced UPS under the Numeric brand. Now, it focuses on renewable energy—generating solar and wind power, manufacturing solar modules (1 GW capacity), PV inverters, charge controllers, and junction boxes. It also handles rooftop installations and EPC contracts for solar projects.