MarketFriction

Swati Projects Ltd

BSE 543914 · Non Banking Financial Company (NBFC)
₹40.41 +4.96%
BSE close2026-10-01
Market cap₹39.2 Cr.
P/E5.58

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue0.340.400.390.380.420.510.180.6323.612.367.641.69
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Expenses0.100.100.180.190.150.260.351.2016.951.434.290.81
Financing Profit0.240.300.210.190.270.25-0.17-0.576.660.933.350.88
Financing Margin %70.59%75.00%53.85%50.00%64.29%49.02%-94.44%-90.48%28.21%39.41%43.85%52.07%
Other Income0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.010.010.050.020.020.020.000.020.030.030.060.03
Profit before tax0.230.290.160.170.250.23-0.17-0.596.630.903.290.85
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%11.86%22.02%20.00%22.80%0.00%
Net Profit0.230.290.160.170.250.23-0.17-0.655.180.712.540.85
EPS in Rs0.230.290.160.170.250.23-0.13-0.643.840.491.910.70
Gross NPA %
Net NPA %
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue0.851.041.491.471.4234.2335.30
Interest0.000.000.000.000.000.000.00
Expenses0.140.360.380.651.0323.8623.48
Financing Profit0.710.681.110.820.3910.3711.82
Financing Margin %83.53%65.38%74.50%55.78%27.46%30.30%33.48%
Other Income0.000.000.000.000.000.000.00
Depreciation0.000.030.050.080.070.130.15
Profit before tax0.710.651.060.740.3210.2411.67
Tax %25.35%27.69%19.81%25.68%150.00%23.93%
Net Profit0.530.460.860.55-0.167.789.28
EPS in Rs0.54-0.137.096.94
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%109%184%1929%
Compounded Profit Growth%68%103%2437%
Stock Price CAGR%%14%32%
Return on Equity%16%21%50%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.068.108.108.1010.1010.10
Reserves3.971.142.002.552.066.10
Borrowing0.002.002.002.001.810.59
Other Liabilities0.190.350.350.4411.6811.61
Total Liabilities9.2211.5912.4513.0925.6528.40
Fixed Assets0.000.120.190.220.380.83
CWIP0.000.000.000.000.000.00
Investments0.000.000.020.028.266.37
Other Assets9.2211.4712.2412.8517.0121.20
Total Assets9.2211.5912.4513.0925.6528.40
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.29-0.26-0.23-0.42-9.9510.59
Cash from Investing Activity0.290.290.300.4410.78-8.92
Cash from Financing Activity0.000.000.000.00-0.22-0.09
Net Cash Flow0.000.020.070.020.611.58
Free Cash Flow-0.29-0.38-0.30-0.54-9.9710.00
CFO/OP-20%-12%-4%-24%-2,403%126%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %5.87%5.04%8.89%5.30%-1.14%50.49%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters23.86%23.86%23.86%23.86%23.86%23.86%23.86%23.86%23.85%23.85%23.85%23.85%
Public76.15%76.15%76.15%76.14%76.14%76.14%76.15%76.15%76.14%76.15%76.15%76.15%
No. of Shareholders1,1211,1211,1431,20614,01723,37319,65718,53517,27516,00415,07814,421

Fundamentals

Market Cap₹ 39.2 Cr.
Current Price₹ 38.8
Stock P/E5.58
Book Value₹ 16.0
ROCE62.4 %
ROE50.5 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1929%
Compounded Profit Growth (TTM)2437%
Consolidated figures.
Valuation
Market capRs 33 Cr
Enterprise valueRs 35 Cr
P/E (TTM)4.67x
Price to book3.54x
Price to sales0.93x
EV / EBITDA2.94x
EV / EBIT2.97x
EV / sales0.98x
Earnings yield21.42%
Profitability
Operating margin (excl. other income)65.38%
Operating margin (incl. other income)65.38%
EBITDA margin33.48%
Pre-tax margin33.06%
Net profit margin19.86%
Net margin, latest quarter42.01%
ROE5.04%
ROCE6.41%
ROA4.42%
ROIC (approx.)75.34%
Tax rate27.69%
Growth
Sales growth (latest year)22.35%
Profit growth (latest year)-13.21%
Sales growth QoQ-77.88%
Profit growth QoQ-63.21%
Sales growth YoY (latest quarter)168.25%
Per share
EPS (TTM)Rs 8.65
EPS (latest year)Rs 0.57
EPS (latest quarter)Rs 0.88
Book value per shareRs 11.41
Sales per shareRs 43.58
Cash flow per shareRs -0.32
Free cash flow per shareRs 12.35
Efficiency
Asset turnover0.09x
Fixed asset turnover8.67x
Leverage
Total debtRs 2 Cr
Cash and bankRs 0 Cr
Net debtRs 2 Cr
Debt to equity0.22x
Net debt / EBITDA0.17x
Owners' fund to total sources79.72%
Debt to assets17.26%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 10 Cr
Cash from ops / profit, 5 years-0.03x
Statement figures
Net sales (TTM)Rs 35 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 12 Cr
Profit before tax (TTM)Rs 12 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 1 Cr
Share capitalRs 8 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 9 Cr
Total assetsRs 12 Cr
Net blockRs 0 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)0.81
Ownership
Promoter holding23.85% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period543914Nifty 50Difference
1 week+4.7%-2.8% +7.4 pts
1 month-17.1%-6.8% -10.3 pts
3 months+28.8%-7.6% +36.4 pts
3 years+56.4%+14.2% +42.3 pts

Red flags

F-score 1 of 8
explainWeak cash conversion Cash from operations was -56% of net profit over the last 2 years
lookShare dilution Share count up 60% in a year
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Revenue ₹2 Cr +168.3% vs Jun 2025. Net profit ₹1 Cr +230.8%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Swati Projects Ltd?

Swati Projects Ltd (543914) has a market capitalisation of Rs 39.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Swati Projects Ltd?

Swati Projects Ltd trades at a P/E of 5.58 on trailing twelve-month profit, at the 2026-10-01 close.

What were Swati Projects Ltd's latest quarterly results?

In the Jun 2026 quarter, Swati Projects Ltd revenue was Rs 2 Cr (+168.3% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03