Employees: 416
Size Swan (SWANCORP.NS) is an India Utilities company (Electric Utilities) with a market value of $799M, the 671st largest of 1,058 India companies the cockpit tracks. Shares closed at ₹240.55 on 6 Nov 2026.
Performance Over six months the shares fell 32.3%, against -24.4% for the median peer and 0.0% for the India market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 16.7% over the last twelve months (peer median +3.6%); the operating margin is -8.6% (peer median 6.4%).
Valuation It trades at 2.4× enterprise value to sales against a peer median of 2.8× (10th cheapest of 21).
Capital Return on invested capital runs 14.7 points below its cost of capital (12.4% WACC).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹41.7B | ₹43.3B | ₹49.0B | ₹49.8B | ₹14.0B |
| Revenue growth | — | -12% | -2% | +255% | — |
| Gross profit | -₹1.75B | -₹2.36B | ₹4.59B | ₹8.45B | ₹1.79B |
| EBITDA | -₹2.34B | -₹2.39B | -₹1.64B | ₹8.35B | ₹1.97B |
| Net income | ₹2.24B | ₹2.74B | ₹7.55B | ₹3.01B | -₹359M |
| Free cash flow | n/a | -₹2.32B | -₹21.9B | -₹6.26B | -₹33.8B |
| Capital expenditure | n/a | ₹2.10B | ₹15.8B | ₹4.48B | ₹29.3B |
| Total debt | n/a | ₹22.6B | ₹29.7B | ₹35.2B | ₹50.4B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SWANCORP.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.5% | -8.9% | 7th lowest of 21 |
| 6-month return | -32.3% | -24.4% | 4th lowest of 21 |
| Distance from 52-week high | -51.3% | -41.8% | 6th lowest of 21 |
| Revenue growth (TTM) | -16.7% | +3.6% | 3rd lowest of 21 |
| Operating margin | -8.6% | 6.4% | 2nd lowest of 21 |
| EV / Sales | 2.4× | 2.8× | 10th cheapest of 21 |
| ROIC minus cost of capital | -14.7 pp | -1.2 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Swan SWANCORP.NS | India | $799M | -32% | -17% | -9% | 2.4× | n/a | n/a |
| Reliance Power RPOWER.NS | India | $806M | -37% | +3% | 20% | 1.0× | -4.9% | -0.5% |
| Zheneng Jinjiang Environment BWM.SI | Singapore | $786M | +13% | +5% | 33% | 4.1× | -3.0% | +2.2% |
| Guangzhou Hengyun Enterprises 000531.SZ | China | $817M | -26% | 0% | -2% | 3.6× | n/a | n/a |
| Leshan Electric Power 600644.SS | China | $779M | -27% | 0% | -1% | 1.8× | 15.8% | +8.3% |
| Fujian Mindong Electric Power 000993.SZ | China | $846M | +1% | -18% | 5% | 10.8× | 14.7% | +10.1% |
| Guangdong Meiyan Jixiang Hydropower 600868.SS | China | $752M | -23% | +60% | -32% | 9.9× | 18.3% | +15.3% |
| Ningbo Energy Group Co., Ltd 600982.SS | China | $748M | -24% | +9% | 9% | 3.6× | 5.0% | -6.9% |
| Empresa Distribuidora Y Comercializadora Norte S.A. Sponsored ADR EDN | United States | $738M | -40% | +2% | 6% | 0.4× | n/a | n/a |
| 2G Energy 2GB.DE | Germany | $885M | -25% | -12% | 6% | 2.1× | 18.5% | +10.1% |
| Guangdong Shaoneng 000601.SZ | China | $887M | -15% | +6% | 7% | 2.5× | -0.4% | -0.7% |
| China Datang Corp. Renewable Power 1798.HK | Hong Kong | $904M | -42% | -6% | 21% | 8.3× | n/a | n/a |
| Zhejiang Fuchunjiang Environmental Thermoelectric 002479.SZ | China | $704M | -2% | +26% | 9% | 1.0× | -10.7% | +2.9% |
| Telecom Plus TEP.L | United Kingdom | $922M | -15% | +6% | 6% | 0.4× | -8.6% | +17.6% |
| Guangxi Energy 600310.SS | China | $939M | -14% | +11% | 16% | 5.5× | 4.8% | -27.7% |
| Sichuan Guangan AAA Public 600979.SS | China | $670M | -28% | +4% | -5% | 3.0× | n/a | n/a |
| Ning Xia Yin Xing Energy 000862.SZ | China | $665M | -25% | -8% | 0% | 4.3× | -1.4% | +1.7% |
| Hengsheng Energy 605580.SS | China | $653M | -28% | +30% | 19% | 4.5× | 15.7% | +14.1% |
| Jaiprakash Power Ventures JPPOWER.NS | India | $1.01B | -29% | +6% | 21% | 2.3× | 9.9% | +11.0% |
| Top Energy Co. Ltd. Shanxi 600780.SS | China | $1.02B | -13% | 0% | 5% | 0.5× | -15.1% | +10.2% |
| Polenergia PEP.WA | Poland | $1.02B | +3% | -19% | 6% | 1.7× | 15.8% | +18.5% |