New Swan Multitech Ltd (544082)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, New Swan's revenue was ₹95.0 Cr (+25.0% year on year, +15.9% on the previous half-year), and net profit ₹5.0 Cr (-16.7% year on year); the operating margin was 11.6%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹95.0 | +25.0% | +15.9% |
| Operating profit | ₹11.0 | +0.0% | +10.0% |
| Net profit | ₹5.0 | -16.7% | +0.0% |
| EPS (₹) | 2.46 | -24.1% | -4.7% |
| Operating margin | 11.6% | — | — |
📢 Recent Corporate Announcements
New Swan Multitech Limited announced that shareholders approved a final dividend of 5% (Rs. 0.50 per equity share of face value Rs. 10) for FY 2025-26 at the 12th Annual General Meeting held on September 30, 2026. The payout corresponds to a record date of September 23, 2026. Payment will be completed within 30 days of shareholder approval. For context, the company reported FY26 net profit of Rs 10.0 crore and an EPS of Rs 5.04.
- Declared final dividend of 5% amounting to Rs. 0.50 per share (FV Rs. 10)
- Approved at the 12th Annual General Meeting held on September 30, 2026
- Record date for dividend entitlement was September 23, 2026
- Dividend payment scheduled within 30 days from the date of AGM approval
New Swan Multitech's Board recommended a final dividend of 5% (₹0.50 per share of face value ₹10) for FY26, fixing September 23, 2026 as the record date. The Board approved material Related Party Transactions with M/s New Swan Enterprise for an aggregate amount up to ₹100 crore, subject to shareholder approval. Additionally, Mr. Barunpreet Singh Ahuja was re-appointed as Whole-Time Director for a 5-year term ending August 2031, and M/s NCLS & Associates was appointed as internal auditor at ₹6,00,000 per plant.
- Recommended final dividend of 5% i.e. ₹0.50 per equity share (FV ₹10) for FY26.
- Approved material related party transactions with New Swan Enterprise up to ₹100 crore (~29.8% of TTM revenue of ₹336 crore).
- Fixed September 23, 2026 as the record date for dividend eligibility and AGM e-voting.
- Re-appointed Barunpreet Singh Ahuja as Whole-Time Director for 5 years effective September 1, 2026 to August 31, 2031.
- Appointed M/s NCLS & Associates as Internal Auditors for FY 2026-27 at an annual fee of ₹6,00,000 per plant.
New Swan Multitech Limited has submitted its Investor Presentation for the Financial Year 2025-2026 pursuant to Regulation 30 of SEBI LODR Regulations. The filing outlines company updates across its manufacturing facilities, including its Swan Agro plant at Raian (Ludhiana, Punjab) and New Swan plant at Vithlapur (Ahmedabad, Gujarat). For FY26, the company reported annual revenue of ₹177.0 crore and net profit of ₹10.0 crore. This presentation serves as an informational disclosure and does not announce new corporate actions or contracts.
- Submitted Investor Presentation for the Financial Year 2025-2026 under Regulation 30
- Highlights operations across plants in Raian (Ludhiana, Punjab) and Vithlapur (Ahmedabad, Gujarat)
- Filing made available on company investor portal on 20.08.2026
New Swan Multitech Limited has informed the exchange that its Board of Directors meeting scheduled for Friday, August 21, 2026, at 11:30 AM IST, stands cancelled. The meeting, which was initially intimated on August 12, 2026 under Regulation 29 of SEBI LODR, was cancelled due to unavoidable reasons. The company has not yet announced a revised date for the meeting.
- Board meeting scheduled for August 21, 2026 at 11:30 AM IST cancelled
- Cancellation is due to unavoidable reasons per the company intimation
- Original board meeting intimation was submitted on August 12, 2026
New Swan Multitech has scheduled a board meeting for August 21, 2026, to consider and approve an interim dividend for the financial year 2026-27. This follows a period where the company reported a TTM PAT of Rs 21 Cr and a net profit of Rs 5.0 Cr in the March 2026 quarter. The company maintains a healthy promoter holding of 74.6% and an operating profit margin of 12.8%. The specific dividend amount and record date will be determined during the upcoming meeting.
- Board meeting scheduled for August 21, 2026, to consider interim dividend declaration
- Dividend proposal is for the Financial Year 2026-2027
- Equity shares have a face value of Rs 10 each
- Company reported TTM PAT of Rs 21 Cr on TTM Revenue of Rs 336 Cr
- Promoter holding remains high at 74.6% as of March 2026
Financial Performance
Revenue Growth by Segment
Total revenue from operations grew 4.74% YoY, increasing from INR 15,252.16 Lakhs in FY 2023-24 to INR 15,974.93 Lakhs in FY 2024-25. Segment-specific splits were not disclosed.
Profitability Margins
Net Profit Ratio improved from 6% in FY 2023-24 to 7% in FY 2024-25. Return on Equity (ROE) also saw an upward trend, rising from 13.75% to 14.44% over the same period, indicating improved efficiency in generating profits from shareholder capital.
EBITDA Margin
EBITDA margin is approximately 14.68% for FY 2024-25 (calculated from PBT of INR 1,481.22 Lakhs, Finance Costs of INR 455.77 Lakhs, and Depreciation of INR 408.59 Lakhs), compared to approximately 15.37% in FY 2023-24. The slight compression suggests rising operating costs despite revenue growth.
Credit Rating & Borrowing
The Debt-Equity Ratio improved from 1.23 in FY 2023-24 to 1.01 in FY 2024-25, reflecting a reduction in leverage. Long-term borrowings decreased by 27.26% YoY to INR 1,257.64 Lakhs.
Operational Drivers
Raw Material Costs
Cost of Materials Consumed was INR 10,438.14 Lakhs in FY 2024-25, representing 65.34% of total revenue. This cost increased by 7.46% YoY from INR 9,713.17 Lakhs, outpacing revenue growth and impacting gross margins.
Manufacturing Efficiency
Net Capital Turnover Ratio decreased significantly from 5.03 in FY 2023-24 to 2.00 in FY 2024-25, suggesting a decline in the efficiency of using working capital to generate sales.
Strategic Growth
Growth Strategy
The company aims to achieve growth by building a performance and competency-driven culture, strengthening organizational competency through employee development, and installing effective systems to improve productivity and accountability at functional levels.
Products & Services
The company manufactures industrial and automotive components (implied by 'Multitech' branding and manufacturing cost structures).
Brand Portfolio
New Swan Multitech.
External Factors
Industry Trends
The industry is characterized by cyclical demand and pricing volatility in principal markets. There is an increasing focus on internal financial controls and performance-driven organizational cultures to maintain competitiveness.
Competitive Moat
The company's moat is built on its human capital and organizational culture. It invests in ongoing in-house and external training to update employee knowledge and skills, which is sustainable as long as productivity gains offset training costs.
Macro Economic Sensitivity
The company is sensitive to global and Indian demand-supply conditions and economic development within India and other operating countries.
Regulatory & Governance
Industry Regulations
Operations are subject to government regulations and tax regimes, which can impact profitability and compliance costs.
Taxation Policy Impact
Current tax expense for FY 2024-25 was INR 338.09 Lakhs, a decrease from INR 414.93 Lakhs in FY 2023-24.
Legal Contingencies
The company has disclosed the impact of pending litigations on its financial position in its financial statements, though specific case values were not detailed in the summary snippets.
Risk Analysis
Key Uncertainties
A key audit matter is the significant judgment and estimation involved in calculating price variations for revenue recognition at year-end. Errors in these estimates could impact revenue by a material percentage.
Credit & Counterparty Risk
Trade receivable turnover ratio was not provided in the summary table, but the company monitors receivables as part of its internal financial controls.
