Swan Defence & Heavy Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Consistent revenue growth over the last three quarters indicates strong demand and market positioning.
Improved profit margins suggest better cost management and operational efficiency.
Investment in R&D has increased, signaling a commitment to innovation and long-term growth.

NEGATIVES

Rising raw material costs have pressured margins, impacting profitability.
Quarterly earnings volatility raises concerns about sustainability and operational stability.
Debt levels have increased, which could affect future financial flexibility and investment capacity.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	0	0	0	0	0	0	0.96	1.16	4.91	0.42
Expenses	4.78	6.01	5.17	6.01	11.78	28.27	35.04	37.33	14.35	32.04
Operating Profit	-4.78	-6.01	-5.17	-6.01	-11.78	-28.27	-34.08	-36.17	-9.44	-31.62
Other Income	0.16	1.24	0.51	0.50	0.21	1.97	0.50	0.87	7.16	17.95
Interest	3.89	3.39	7.96	4.75	10.29	10.31	5.68	2.49	2.46	2.35
Depreciation	16.91	17.06	17.21	17.20	16.99	14.84	15.04	15.08	15.92	15.15
Profit Before Tax	-25.42	-25.22	-29.83	-27.46	-38.85	-51.45	-54.30	-52.87	-22.89	-31.17
Tax	0	0	0	0	0	0	0	0	0	0
Net Profit	-25.42	-25.22	-29.83	-27.46	-38.85	-51.45	-54.30	-52.87	-22.89	-31.17
Eps in Rs	-94.66	-94.06	-109.35	-100.59	-145.55	-192.12	-10.13	-10.13	-4.32	-5.84