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Swadeshi Industries & Leasing Ltd (506863)

📊 BSE: 506863 🏢 Packaging 📢 Latest filing: 24 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Swadeshi Industries' revenue was ₹17.2 Cr (+85.6% year on year, -47.6% on the previous quarter), and net profit ₹0.6 Cr (+61.8% year on year); the operating margin was 4.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹17.2	+85.6%	-47.6%
Operating profit	₹0.8	+63.0%	-27.9%
Net profit	₹0.6	+61.8%	-31.2%
EPS (₹)	0.24	-22.6%	-29.4%
Operating margin	4.4%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Swadeshi Industries Schedules 42nd AGM on Sept 15, 2026; E-Voting Cut-Off Sept 4

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 24 Aug 2026, 12:36 PM

Swadeshi Industries & Leasing Ltd has announced the remote e-voting schedule for its 42nd Annual General Meeting (AGM), which will be held on September 15, 2026, at 11:00 AM. The cut-off date for determining shareholder voting eligibility is September 04, 2026. The remote e-voting facility on NSDL will run from September 12, 2026 (09:00 AM IST) to September 14, 2026 (05:00 PM IST). Practicing Company Secretary CS Dipika Kataria has been appointed as the scrutinizer.

42nd Annual General Meeting to be held on September 15, 2026 at 11:00 AM.
Cut-off date for e-voting entitlement established as September 04, 2026.
Remote e-voting window opens September 12, 2026 (9:00 AM IST) and closes September 14, 2026 (5:00 PM IST).
NSDL selected as e-voting agency with CS Dipika Kataria acting as scrutinizer.

💡 Shareholders seeking to vote on AGM resolutions should ensure shareholding by the September 04, 2026 cut-off date and review the upcoming AGM notice.

Swadeshi Industries Submits FY26 Annual Report; Convenes 42nd AGM on Sep 15, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Aug 2026, 12:33 PM

Swadeshi Industries and Leasing Ltd has submitted its 42nd Annual Report for FY 2025-26 and scheduled its Annual General Meeting for September 15, 2026. The AGM agenda includes standard financial statement adoption, appointment of secretarial auditors for 5 years, and regularisation of two Independent Directors for 5-year terms. Special resolutions also propose changing the company name to Swadeshi Industries Limited / Swadeshi Industries and Retail Limited and expanding the Memorandum of Association object clauses to include renewables, EVs, metals, and mining.

42nd Annual General Meeting scheduled for September 15, 2026 at 11:00 AM IST via VC/OAVM.
Proposed appointment of Independent Directors Dilip Jagdish Pendse and Rajeev Ranjan Sarkari for 5-year terms.
Proposed change of company name to Swadeshi Industries Limited or Swadeshi Industries and Retail Limited.
Special resolution to expand MoA objects to include renewable energy, electric vehicles, mining, textiles, and copper.

💡 Track shareholder voting results following the AGM on September 15, 2026, and watch for regulatory approvals from the Registrar of Companies regarding the name and object clause changes.

Swadeshi Industries & Leasing Issues Notice for 42nd AGM on September 15, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 22 Aug 2026, 09:23 PM

Swadeshi Industries & Leasing Ltd has issued the notice for its 42nd Annual General Meeting scheduled for September 15, 2026. Key special resolutions include proposing a corporate name change to 'Swadeshi Industries Limited' or 'Swadeshi Industries and Retail Limited', alongside altering its Object Clause in the Memorandum of Association. The company is also seeking shareholder approval for appointing two Independent Directors for a 5-year term and authorizing corporate investments and loans under Section 185.

42nd Annual General Meeting scheduled for September 15, 2026 at 11:00 AM IST via VC/OAVM
Proposed change of company name to 'Swadeshi Industries Limited' or 'Swadeshi Industries and Retail Limited'
Proposal to appoint Dilip Jagdish Pendse and Rajeev Ranjan Sarkari as Independent Directors for 5-year terms
Resolutions to alter the Object Clause of MOA and authorize investments and loans under Section 185

💡 Track shareholder voting results following the September 15, 2026 AGM to confirm approval for the name change and MOA alteration, along with any subsequent strategic disclosures regarding retail expansion.

Swadeshi Industries Schedules 42nd AGM for Sept 15, 2026; Sets Book Closure Dates

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 22 Aug 2026, 08:51 PM

Swadeshi Industries & Leasing Ltd has announced that its 42nd Annual General Meeting (AGM) will be held on Tuesday, September 15, 2026, at 11:00 AM IST via Video Conferencing. The company has fixed the book closure period from September 5, 2026, to September 15, 2026 (both days inclusive) for the AGM. Additionally, Friday, August 14, 2026, was set as the cut-off date to determine voting rights for remote e-voting.

42nd Annual General Meeting scheduled for Tuesday, September 15, 2026, at 11:00 AM via VC/OAVM
Book closure period set from Saturday, September 5, 2026, to Tuesday, September 15, 2026
Cut-off date for remote e-voting eligibility fixed as Friday, August 14, 2026
Decisions approved following the Board of Directors meeting held on August 12, 2026

💡 Shareholders holding shares by the cut-off date can participate and vote in the AGM resolutions via e-voting; watch for the annual report and AGM outcomes.

Swadeshi Industries Sets Book Closure from Sept 5 to Sept 15, 2026 for 42nd AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 22 Aug 2026, 08:31 PM

Swadeshi Industries & Leasing Ltd has announced the closure of its share transfer books and register of members from September 5, 2026 to September 15, 2026 (both days inclusive) for its 42nd Annual General Meeting (AGM). The AGM will be conducted on September 15, 2026 at 11:00 AM via Video Conferencing / Other Audio-Visual Means. The cut-off date for remote e-voting entitlement was fixed as August 14, 2026. This is a standard statutory compliance filing without direct financial or operational impact.

42nd Annual General Meeting scheduled on September 15, 2026 at 11:00 AM via VC/OAVM
Share transfer books closed from September 5, 2026 to September 15, 2026
Cut-off date for remote e-voting rights fixed as August 14, 2026
Board meeting approving these dates was held on August 12, 2026

💡 Eligible shareholders on the cut-off date should track the AGM notice to review voting resolutions and participate in the remote e-voting process.

Swadeshi Industries Appoints New Internal and Secretarial Auditors

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 12 Aug 2026, 08:39 PM

Swadeshi Industries & Leasing Ltd has appointed HRJ & Associates as its Internal Auditor and Mrs. Dipika Kataria as its Secretarial Auditor following a board meeting on August 12, 2026. Mrs. Kataria brings over 16 years of experience in corporate laws, SEBI regulations, and FEMA compliance. This routine governance update comes as the company manages a significantly larger scale, with FY26 revenue reaching ₹68.12 cr compared to ₹15.9 cr in FY25. The appointments are aimed at ensuring regulatory compliance and internal financial oversight.

Appointment of HRJ & Associates as Internal Auditor effective August 12, 2026
Appointment of Mrs. Dipika Kataria as Secretarial Auditor with 16+ years of professional experience
Company reported a TTM revenue of ₹62 cr and a market capitalization of ₹127 cr
FY26 revenue grew by approximately 328% year-on-year to ₹68.12 cr

💡 Investors should treat this as a routine administrative update; focus remains on the execution of the 'Swadeshi grocery store' expansion and margin sustainability.

Swadeshi Industries Appoints New CEO and Tech-Veteran Independent Director

🟢 POSITIVE ⭐ 7/10

MANAGEMENT 📅 12 Aug 2026, 08:36 PM

Swadeshi Industries & Leasing Ltd has announced a significant leadership overhaul, appointing Mr. Nitinkumar Radheshyam Sharma as CEO and Mr. Rajeev Ranjan Sarkari as an Additional Independent Director. Mr. Sarkari brings over 35 years of experience in AI and Digital Governance, having previously served as CEO of Vakrangee Limited's e-Governance division and led the MCA21 project at TCS. The company also appointed new Internal and Secretarial Auditors to strengthen its governance framework. These changes follow a year of massive revenue growth, with FY26 revenue reaching ‡68.12 Cr compared to ‡15.9 Cr in FY25.

Appointment of Mr. Rajeev Ranjan Sarkari as Independent Director, bringing 35+ years of technology and governance leadership experience.
Mr. Sarkari previously managed a workforce of over 7,500 professionals during his tenure at Vakrangee e-Solutions.
Mr. Nitinkumar Radheshyam Sharma appointed as CEO and Key Managerial Personnel effective August 12, 2026.
Mrs. Dipika Kataria appointed as Secretarial Auditor, bringing 16+ years of experience in corporate law and SEBI regulations.
HRJ & Associates appointed as the new Internal Auditor to oversee financial controls.

💡 Investors should monitor whether the new leadership can improve the company's thin operating margins (3.2% TTM) and sustain the high revenue growth trajectory established in FY26.

Swadeshi Industries Q1 FY27: Net Profit Grows 61% YoY to ₹0.55 Cr; Revenue Up 85% YoY

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 08:25 PM

Swadeshi Industries reported a consolidated revenue of ₹17.24 Cr for the quarter ended June 2026, marking an 85.5% increase compared to ₹9.29 Cr in the same quarter last year. Net profit followed a similar trajectory, rising 61.7% YoY to ₹0.55 Cr from ₹0.34 Cr. However, the company saw a significant sequential decline, with revenue falling 47.7% from the ₹32.98 Cr reported in the March 2026 quarter. Operating margins remain thin, with Profit Before Tax representing only 4% of total income.

Consolidated Revenue from operations reached ₹17.24 Cr, up 85.5% from ₹9.29 Cr in June 2025.
Net Profit for the quarter stood at ₹0.55 Cr, a 61.7% increase over the previous year's ₹0.34 Cr.
Sequential revenue declined by 47.7% compared to the March 2026 quarter (₹32.98 Cr).
Paid-up Equity Share Capital has increased to ₹23.12 Cr from ₹10.82 Cr in the year-ago period, indicating significant equity dilution.
Total expenses for the quarter were ₹16.55 Cr, with cost of materials/stock-in-trade accounting for 98% of total costs.

💡 Investors should monitor the company's ability to stabilize revenue sequentially and improve its thin net profit margins (currently ~3.2%). The significant increase in equity capital over the last year also warrants a check on the utilization of those funds for the 'Swadeshi grocery store' expansion.

Swadeshi Industries Q1 Revenue Jumps 260% to ₹31.85 Cr; Proposes Name & Object Change

🟢 POSITIVE ⭐ 7/10

BOARD_MEETING 📅 12 Aug 2026, 08:18 PM

Swadeshi Industries & Leasing reported a sharp 260% YoY increase in standalone revenue to ₹31.85 cr for Q1 FY27. Net profit grew 51% YoY to ₹0.53 cr, though EPS fell to ₹0.23 from ₹0.32 due to a significant increase in equity capital (from ₹10.82 cr to ₹23.13 cr). The board approved major structural changes, including the appointment of a new CEO, reclassifying three directors as 'Promoters', and proposing a change to the company's name and main business objects. These moves suggest a significant corporate restructuring and potential strategic pivot.

Standalone revenue for Q1 FY27 surged to ₹31.85 cr, a 260.7% increase from ₹8.83 cr in Q1 FY26.
Net profit for the quarter rose to ₹0.53 cr compared to ₹0.35 cr in the corresponding previous year quarter.
Paid-up equity share capital increased to ₹23.13 cr from ₹10.82 cr YoY, leading to EPS dilution.
Nitinkumar Radheshyam Sharma appointed as CEO; three directors reclassified from 'Professional' to 'Promoter' category.
Board proposed amending the Main Object Clause of the MoA and changing the company name, subject to member approval.

💡 Investors should monitor the upcoming 42nd AGM for details on the proposed name change and new business objects to understand the company's future strategic direction.

Aug 12 Board Meeting to Approve Q1 Results and FY26 Annual Report

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 07 Aug 2026, 05:29 PM

Swadeshi Industries & Leasing Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also consider and approve the Annual Report and Board's Report for FY 2025-26. This follows a year of significant growth where FY26 revenue reached ‑68.12 Cr compared to ‑15.9 Cr in FY25. The trading window for the company's securities has been closed since July 1, 2026, and will remain so until 48 hours after the results are declared.

Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
Approval of the Annual Report and Board's Report for the financial year 2025-26.
Trading window closed from July 1, 2026, until 48 hours after the results declaration.
Financial results to be approved for the quarter ended June 30, 2026.

💡 Monitor the Q1 FY27 results on August 12 to see if the company can sustain the high revenue run rate of ‑32.82 Cr achieved in the March 2026 quarter.

View All 506863 Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue grew by 545.11% YoY, reaching INR 15.89 Cr in FY25 compared to INR 2.46 Cr in FY24. Segment-specific growth percentages for copper, textiles, and edible oils are not explicitly broken down in the provided documents.

Geographic Revenue Split

Not disclosed in available documents, though the company operates a direct sales network spanning India and global markets.

Profitability Margins

Net Profit Margin improved significantly to 6.47% in FY25 from a net loss position in FY24. Profit for the year was INR 1.03 Cr compared to a loss of INR 0.06 Cr in the previous year.

EBITDA Margin

EBITDA margin stood at 7.41% in FY25 (INR 1.18 Cr) compared to a negative margin in FY24 (Loss of INR 0.058 Cr).

⚙️ Operational Drivers

Raw Materials

Copper, textile fibers, and oilseeds for edible oil production. Specific cost percentages for each are not disclosed.

Capacity Expansion

The company is diversifying the age profile of its oil plantations to ensure business longevity and connecting them with food parks and child industries in every town/Gram Panchayat.

Raw Material Costs

Not disclosed as a specific percentage of revenue, but the company notes risks from global commodity price volatility and inflation (5.7% global inflation in CY24).

Logistics & Distribution

The company utilizes a Direct Distribution Model and is digitizing its network to improve customer experience and keep pace with market demands.

📈 Strategic Growth

Growth Strategy

Expansion of the 'Swadeshi grocery store' retail chain in Rural and Tier 2/3 cities; leveraging the 'Agrovia' and 'Swadeshi Aahar' brands; and diversifying oil plantations to ensure long-term supply sustainability.

Products & Services

Edible oils, grocery products, copper products, and textile products.

Brand Portfolio

Agrovia, Swadeshi Aahar

New Products/Services

Expansion of the Swadeshi grocery store retail chain aimed at connecting villages to districts.

Market Expansion

Targeting Rural, Tier 2, and Tier 3 cities across India.

🌍 External Factors

Industry Trends

The industry is shifting toward sustainable growth and waterless technologies; global inflation eased to 5.7% in CY24, supporting a moderation in commodity prices.

Competitive Landscape

The company competes in the fragmented Indian copper, textile, and edible oil industries, positioning itself through a 'Swadeshi' (indigenous) product focus.

Competitive Moat

Brand trust in 'Agrovia' and 'Swadeshi Aahar' combined with an expansive Direct Sales Network and integrated oil plantations provide a competitive advantage in the edible oils and retail segments.