Swan Corp share price
NSE: SWANCORPBSE: 503310Chemicals & PetrochemicalsSmall Cap
SWAN CORP LIMITED · Formerly Swan Energy · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1939 on BSE, May 2012 on NSE
Last close ₹240.60up ₹2.55 (1.07%)BSE ₹240.90
Share price at the NSE close on 28 Oct 2026. Previous close ₹238.05.
28 Oct: open ₹235.65, high ₹242.60, low ₹235.55
52-week range of traded prices to 28 Oct 2026
₹230.10Low, 23 Oct 2026₹493.60High, 29 Dec 2025
- Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,542 Cr517th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 33.73
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.00
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.06%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 3.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −3.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.23
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 8,96,22744.6% delivered
About Swan Corp
Swan Corp Limited is a diversified Indian company with businesses in shipbuilding, liquefied natural gas (LNG) port infrastructure, petroleum and petrochemical trading, real estate and textiles. Its registered office is in Mumbai. It was incorporated in 1909, and its textile business has a legacy of over 100 years.
Swan Defence and Heavy Industries Limited, a step-down subsidiary, is engaged in commercial and defence shipbuilding, ship repairs and heavy engineering and fabrication. Swan LNG Private Limited, in which the company holds 63%, was established to set up India's first greenfield LNG port terminal. The terminal has a total capacity of up to 10 MMTPA (million tonnes per annum) at Jafrabad in Amreli district of Gujarat.
The petroleum business operates through subsidiaries in the United Arab Emirates. Veritas (India) Limited, in which the company holds 55.01%, owns Verasco FZE, which trades in petrochemicals, bitumen and petroleum products and sells blended and distilled products. Verasco is located in the Hamriyah Free Zone and operates a chemical and petrochemical storage terminal. Ignivis Trading FZE, a wholly owned subsidiary, trades in crude oil, refined oil products and petrochemicals.
The real estate business develops residential and commercial projects in Mumbai, Bangalore and Hyderabad. Hazel Infra Limited, a 99% subsidiary, is engaged in general construction of non-residential buildings.
The textile business makes dress materials, suiting and shirting. A textile processing unit in Ahmedabad, Gujarat, started in 2010 and has an installed production capacity of 1 lakh metres per day.
Written from the annual report for the year to Mar 2026, filed 12 Aug 2026 and the investor presentation.
Sources for 31 statements, each with its page
- The company has a shipbuilding business through its subsidiary. Annual report, page 4
- The company has petroleum and energy businesses. Annual report, page 4
- The company has a real estate business. Annual report, page 4
- The company has a textile business. Annual report, page 4
- The company has an LNG terminal project. Annual report, page 4
- Registered office is in Mumbai. Annual report, page 5
- Incorporated in 1909 (CIN characters 9 to 12). Annual report, page 5
- Textile business has a legacy of over 100 years. Investor presentation, page 36
- SDHI is engaged in commercial and defence shipbuilding. Annual report, page 33
- SDHI is engaged in ship repairs and heavy engineering and fabrication. Annual report, page 33
- SDHI is a step-down subsidiary. Annual report, page 33
- Company holds 63% of Swan LNG Private Limited. Annual report, page 49
- Swan LNG was established to set up India's first greenfield LNG port terminal. Annual report, page 49
- Terminal capacity up to 10 MMTPA at Jafrabad in Amreli district of Gujarat. Annual report, page 49
- Company holds 55.01% of Veritas (India) Limited. Annual report, page 54
- Verasco is a wholly owned subsidiary of Veritas (India) Limited. Annual report, page 54
- Verasco trades in petrochemicals, bitumen and petroleum products and sells blended and distilled products. Annual report, page 54
- Verasco sells blended and distilled products. Annual report, page 54
- Verasco is in the Hamriyah Free Zone, UAE. Investor presentation, page 19
- Verasco operates a chemical and petrochemical storage terminal. Investor presentation, page 18
- Ignivis Trading FZE is a wholly owned subsidiary of the company. Annual report, page 54
- Ignivis trades in crude oil, refined oil products and petrochemicals. Annual report, page 54
- Both Verasco and Ignivis are incorporated in the UAE. Annual report, page 53
- Real estate business develops residential and commercial projects. Investor presentation, page 35
- Real estate projects are in Mumbai, Bangalore and Hyderabad. Investor presentation, page 35
- Hazel Infra Limited is a subsidiary engaged in general construction of non-residential buildings. Annual report, page 42
- Company holds 99% of Hazel Infra Limited. Annual report, page 42
- Hazel Infra is engaged in general construction of non-residential buildings. Annual report, page 42
- Textile business makes dress materials, suiting and shirting. Investor presentation, page 36
- Textile processing unit in Ahmedabad, Gujarat started in 2010. Investor presentation, page 36
- Installed capacity of 1 lakh metres per day. Investor presentation, page 36
Results
Consolidated; ₹ crore.Swan Corp quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −16.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −64.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,014 Crup 16.57%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing. Net profit in the glossary
- −₹36 CrQuarter to Mar 2026: ₹251 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- −3.6%
Revenue by quarter
Peak revenue ₹1,908 Cr, quarter to Dec 2024; lowest ₹856 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in the quarter to Jun 2026, −₹36 CrA loss in 4 of the 8 quarters shown
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,032 | 1,908 | 856 | 1,213 | 1,138 | 1,150 | 870 | 1,014 |
| Net profit | 67 | 562 | −22 | 27 | −6 | −1 | 251 | −36 |
| Net margin | 6.5% | 29.4% | −2.6% | 2.2% | −0.5% | −0.1% | 28.9% | −3.6% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹4,371 Crdown 11.48%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹271 Crdown 68.98%
- Net margin
- 6.2%
Revenue by year
Peak revenue ₹5,017 Cr, year to Mar 2024; lowest ₹320 Cr, year to Mar 2021
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 5 of the 10 years shown
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 349 | 347 | 892 | 341 | 320 | 487 | 1,438 | 5,017 | 4,938 | 4,371 |
| Net profit | 0 | 55 | −6 | −5 | −69 | −158 | −61 | 586 | 874 | 271 |
| Net margin | 0.1% | 15.8% | −0.7% | −1.4% | −21.4% | −32.4% | −4.2% | 11.7% | 17.7% | 6.2% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Distribution & DevelopmentDistribution & Development, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,690 Crdown 12.37%84.4%
- ShipyardShipyard, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹282 Cr6.5%
- TextileTextile, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹207 Crup 82.75%4.7%
- Construction / OthersConstruction / Others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹126 Crup 3.64%2.9%
- WarehousingWarehousing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹67 Crdown 36.40%1.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.Swan Corp PE ratio and valuation
Price to earnings
At or below today's level on 43% of 174 trading days over the last year.
LowestHighest
Its median35.47Industry median12.16
Price to book
At or below today's level on 0.2% of 1,886 trading days since Nov 2018.
LowestHighest
Its median3.11Industry median1.19
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 67% of 2,454 trading days over the last 10 years.
LowestHighest
Its median0.04%Industry median0.95%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −30.2% | −63.7% | +92.1% | 0.1% |
| 3 years | +12.0% | – | – | 0.0% |
| 5 years | +17.3% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
52 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 42 of the 42 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 52 funds holding Swan Corp
- AddedAdded. Funds that held more shares than at the end of the month before.
- 10
- CutCut. Funds that held fewer shares than at the end of the month before.
- 32
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 10
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 2
| Fund | |||
|---|---|---|---|
 quant Multi Cap Fundquant Mutual Fund | 65,37,314 | 2.44% | ₹183.2 Cr |
| quant Flexi Cap Fundquant Mutual Fund | 42,17,909 | 1.62% | ₹118.2 Cr |
| quant Infrastructure Fundquant Mutual Fund | 12,00,000 | 1.09% | ₹33.6 Cr |
 Bank of India Flexi Cap FundBank of India Mutual Fund | 10,10,000 | 0.91% | ₹28.3 Cr |
| Bank of India ELSS Tax SaverBank of India Mutual Fund | 6,50,000 | 1.33% | ₹18.2 Cr |
| Bank of India Aggressive Hybrid FundBank of India Mutual Fund | 5,25,000 | 0.67% | ₹14.7 Cr |
| Bank of India Multi Cap FundBank of India Mutual Fund | 2,41,238 | 0.50% | ₹6.76 Cr |
| Bank of India Manufacturing & Infrastructure FundBank of India Mutual Fund | 2,39,983 | 0.68% | ₹6.72 Cr |
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 2,15,706 | 0.18% | ₹6.04 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 1,69,259 | 0.18% | ₹4.74 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Swan Corp insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 6 pledges created
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Swan Corp competitors and peers
Petrochemicals, 17 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Swan Corp in market cap.Chemical companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Supreme PetrochemSPLPETRO | 13,637 | 25.60 | 5.33 | – | – | 22.3% | 27.3% | 1.45% |
 Rain IndustriesRAIN | 7,033 | 13.09 | 0.88 | +17.0% | – | 7.2% | 9.5% | 0.48% |
 Bhansali Engineering PolymersBEPL | 2,739 | 12.34 | 2.36 | +14.7% | +33.1% | 20.2% | 23.1% | 3.63% |
 DCWDCW | 1,279 | 17.93 | 1.19 | +11.8% | +104.1% | 6.8% | 7.1% | 0.69% |
 Manali PetrochemicalsMANALIPETC | 1,256 | 6.98 | 0.98 | +19.2% | +487.8% | 15.1% | 8.0% | 0.68% |
 Tamilnadu PetroProductsTNPETRO | 1,011 | 7.11 | 0.99 | −2.4% | +81.2% | 14.8% | 11.7% | 1.33% |
 Kothari PetrochemicalsKOTHARIPET | 650 | 9.04 | 1.75 | −7.7% | +12.3% | 21.2% | 23.5% | 0.91% |
 Pasupati AcrylonPASUPTAC | 626 | 6.55 | 1.44 | +51.2% | +269.2% | 23.9% | 24.2% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Swan Corp dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.15 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 28 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.15 |
| 22 Sep 2025 | Final | ₹0.10 |
| 19 Sep 2024 | Final | ₹0.10 |
| 21 Sep 2023 | Final | ₹0.10 |
| 20 Sep 2022 | Final | ₹0.10 |
| 7 Sep 2021 | Final | ₹0.10 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Swan Corp announcements
Oct 2026
Sep 2026
Swan Corp share price by year
Each calendar year to 2025.Swan Corp share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 468.85 | −34.8% | 754.90 | 383.15 |
| 2024 | 719.20 | +40.7% | 787.15 | 465.25 |
| 2023 | 511.00 | +67.0% | 514.10 | 202.45 |
| 2022 | 305.95 | +109.8% | 329.15 | 145.60 |
| 2021 | 145.80 | +8.2% | 175.40 | 116.95 |
| 2020 | 134.75 | +24.7% | 149.20 | 98.80 |
| 2019 | 108.10 | +6.8% | 129.75 | 96.15 |
| 2018 | 101.20 | −47.0% | 229.70 | 97.55 |
| 2017 | 190.90 | +23.8% | 196.50 | 115.40 |
| 2016 | 154.15 | +122.3% | 201.20 | 57.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 234.25 | 242.00 | 233.35 | 238.05 | 237.75 | 6,87,294 | 27.5% |
| 26 Oct 2026 | 238.00 | 241.30 | 234.95 | 235.70 | 236.88 | 6,06,863 | 29.2% |
| 23 Oct 2026 | 243.00 | 245.00 | 230.10 | 239.85 | 236.83 | 11,84,809 | 28.5% |
| 22 Oct 2026 | 245.25 | 249.35 | 241.00 | 244.35 | 245.47 | 4,36,753 | 40.1% |
| 21 Oct 2026 | 255.70 | 257.45 | 244.20 | 247.75 | 249.89 | 5,94,335 | 44.6% |
| 19 Oct 2026 | 264.25 | 264.60 | 254.10 | 256.25 | 257.94 | 3,63,742 | 37.7% |
| 16 Oct 2026 | 262.50 | 268.15 | 262.00 | 265.35 | 265.56 | 3,52,416 | 23.0% |
| 15 Oct 2026 | 273.50 | 274.65 | 262.00 | 263.90 | 268.94 | 8,05,952 | 31.7% |
| 14 Oct 2026 | 265.10 | 275.50 | 264.40 | 274.65 | 271.34 | 11,11,958 | 29.0% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 3 Feb 2014 | Split | 0.5000 | Each share became 2. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- SWANCORP
- BSE code
- 503310
- ISIN
- INE665A01038
- Industry
- Chemicals & Petrochemicals
- Former symbols
- SWANENERGY
- Website
- www.swan.co.in
- CIN
- L17100MH1909PLC000294
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1909
- Registered office
- 6 Feltham House, 10, J N Heredia Marg, Ballard Estate, Mumbai 400001, Maharashtra
- Share registrar
- Purva Sharegistry (India) Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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