Swan Defence and Heavy Industries Limited Q4 FY26 results press release summary

Results press release of 27 May 2026, summarised by AI from the filing.

SDHI reports FY26 total income of ~₹440 cr vs ₹17.5 cr in FY25, with an order book of ~$500M.

Key takeaways

1. Total income ₹440 cr in FY26 vs ₹17.5 cr in FY25, reflecting a record performance under new management.
2. Adjusted PAT ₹34.5 cr, after adjusting the impact of exceptional loss on account of sale of legacy OSVs.
3. Order book ~$500 million secured through historic, first-of-their-kind contracts by an Indian shipyard.
4. CIRP resolution Resolution Plan concluded through prepayment of CoC obligations originally due in December 2026 and 2027.

Original filing on BSE

Swan Defence and Heavy Industries Limited Q1 FY27 results

As filed: Revenue ₹30.6 cr, EBITDA −₹20.9 cr, PAT −₹41.7 cr, EBITDA margin -68.4%.

Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹30.6 cr). Scored once a year-earlier consolidated quarter exists.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹236 cr (+300% year on year), EBITDA −₹250 cr, PAT −₹142 cr, EBITDA margin -106.0%. Score 15 of 100, Below trend. Not enough history for a trend yet: scored on growth alone. Share price after the results: +12.9% in 29 days (Nifty 500: +0.6%).
• Q3 FY26: Revenue ₹5.9 cr, EBITDA −₹20.1 cr, PAT −₹33.1 cr, EBITDA margin -341.6%. Not scored. Too small to score: quarter revenue ₹5.9 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: +12.8% in 30 days (Nifty 500: −1.6%).
• Q2 FY26: Revenue ₹40.0 cr, EBITDA −₹8.0 cr, PAT −₹20.0 cr, EBITDA margin -20.0%. Not scored. No result for the same quarter last year. Share price after the results: +21.5% in 26 days (Nifty 500: −0.7%).
• Q1 FY26: Revenue ₹0.0 cr, EBITDA −₹32.0 cr, PAT −₹31.0 cr. Not scored. Too small to score: quarter revenue ₹0.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: +21.5% in 24 days (Nifty 500: +0.9%).
• Q4 FY25: Revenue ₹5.0 cr, EBITDA −₹10.0 cr, PAT −₹23.0 cr, EBITDA margin -200.0%. Not scored. Too small to score: quarter revenue ₹5.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little. Share price after the results: +21.5% in 24 days (Nifty 500: +1.0%).
• Q3 FY25: Revenue ₹1.0 cr, EBITDA −₹37.0 cr, PAT −₹53.0 cr, EBITDA margin -3700.0%. Not scored. Too small to score: quarter revenue ₹1.0 cr is below the ₹20.0 cr minimum. On a base this small, percentage changes say little.

Past price moves after results do not indicate future moves. Not a recommendation.

Swan Defence and Heavy Industries Limited earnings call, investor presentation and press release summaries

• Q4 FY26: Results press release (27 May 2026)