Swelect Energy's Q4 earnings report shows a 15.2% increase in net profit to Rs 10.2 crore despite a 7.5% decrease in sales. The improved EPS reached Rs 6.73, contributing to an 11.4% rise in stock price over the past year, closing at Rs 645.95.
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Swelect Energy reported a significant 24% increase in Q4 EBITDA, reaching ₹355M compared to ₹286M last year, demonstrating strong profitability growth with the EBITDA margin climbing to 17.5%.
Swelect Energy Systems announced a proposed final dividend of INR 3.50 per share for the fiscal year 2026, pending shareholder approval at the AGM. The company reported strong financial results for FY26, with revenue reaching INR 482.77 crores and profit before tax at INR 29.53 crores.
Swelect Energy Systems has announced the transfer of 17.5 million shares in its subsidiary, ESG Green Energy, to Syrma SGS Tech. However, ESG Green Energy will continue to operate as a subsidiary under Swelect's umbrella.
Swelect Energy Systems has seen a 1.4% increase in share price to Rs. 668.95 after completing a 10MW solar project for AAI and commissioning a 5MW plant in Tamil Nadu. The company's market capitalization stands at Rs. 1,014.1 crore, with a P/E ratio of 18.
Swelect Energy Systems Ltd has completed the installation of a new 5 MW solar plant in Tamil Nadu, providing clean energy for Chennai Airport. This development brings the airport's total solar capacity under a third-party power sale model to 10 MW.
Credit rating agency, CRISIL, has maintained Swelect Energy's long-term rating at A/Stable, indicating a robust outlook for the company. Short-term credit rating remains at A2. Additionally, NCDs worth INR 138.5 crore have been rated as A CE/Stable, signifying their strong credit quality and stable outlook.
Swelect Energy Systems, a well-known company, is exploring expansion into the wafer manufacturing sector. The CEO, Arulkumar Shanmugasundaram, believes that producing wafers could be less complex compared to cell manufacturing.
SWELECT Energy Systems has unveiled a new 50 MW solar substation in Tamil Nadu, equipped with a 50 MVA transformer to strengthen the 110 kV power grid connection.