Swan Defence and Heavy Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Swan Defence and Heavy Industries Ltd reported a 141.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2934.2%.
• Its expenses for the quarter were up by 30.4% QoQ and 15.9% YoY.
• The net profit decreased 36.3% QoQ and decreased 62.8% YoY.
• The earnings per share (EPS) of Swan Defence and Heavy Industries Ltd declined at 3.77 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Swan Defence and Heavy Industries Ltd is a company operating in the defense and heavy industries sector. The company is known for providing various products and services related to defense equipment and heavy industrial machinery. As of the latest available data, there are no specific details on recent major developments or strategic changes within the company. The company’s focus is primarily on manufacturing and supplying defense-related goods and heavy industrial products, positioning itself within a specialized niche of the industrial market. Information on any recent expansions, partnerships, or changes in strategic direction is not available in the provided data.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Swan Defence and Heavy Industries Ltd reported a total income of ₹44.30 crores. This represents a significant increase of 141.2% from the previous quarter (Q1FY26), where total income was ₹18.37 crores. When compared to the same quarter in the previous year (Q2FY25), which recorded a total income of ₹1.46 crores, the company experienced a year-over-year increase of 2934.2%. These figures indicate a considerable rise in revenue over both the quarterly and yearly periods, suggesting a substantial growth in the company's income generation capabilities during this time frame.

Profitability

In terms of profitability, Swan Defence and Heavy Industries Ltd reported a loss, with a Profit Before Tax (PBT) of -₹20.32 crores in Q2FY26. This is an improvement from the previous quarter (Q1FY26), which saw a PBT of -₹31.17 crores, reflecting a quarter-over-quarter reduction in losses of 34.8%. On a year-over-year basis, the PBT improved by 62.6% from -₹54.30 crores in Q2FY25. After accounting for taxes, the Profit After Tax (PAT) stood at -₹19.86 crores in Q2FY26, marking a 36.3% improvement from the previous quarter's PAT of -₹31.17 crores and a 62.8% improvement from -₹53.39 crores in Q2FY25. The Earnings Per Share (EPS) was reported at -₹3.77 in Q2FY26, showing a positive trend when compared to -₹5.84 in Q1FY26 and -₹10.13 in Q2FY25.

Operating Metrics

The company's total expenses in Q2FY26 were ₹64.62 crores, which is a 30.4% increase from ₹49.54 crores in Q1FY26. Compared to the same quarter last year (Q2FY25), where total expenses were ₹55.76 crores, there was a year-over-year increase of 15.9%. The consistent increase in expenses over both the quarterly and yearly periods indicates a growth in operational activities. However, the absence of tax liabilities in both the current and previous periods suggests that the company either operates under specific tax exemptions or has not generated taxable income due to cumulative losses. The data provided does not include other key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, which would require additional financial information beyond what is available.