Swelect Energy Systems logo

Swelect Energy Systems share price

NSE: SWELECTESBSE: 532051Electrical EquipmentSmall Cap

Swelect Energy Systems Limited · Formerly Numeric Power Systems · Face value ₹10 · Listed Oct 1996 on BSE, May 2006 on NSE
Last close ₹588.80down ₹22.10 (3.62%)BSE ₹588.10

Share price at the NSE close on 28 Oct 2026. Previous close ₹610.90.

28 Oct: open ₹607.05, high ₹614.85, low ₹585.25

52-week range of traded prices to 28 Oct 2026
₹483.10Low, 30 Mar 2026₹836.00High, 28 Oct 2025
Market cap
₹893 Cr1,541st largest listed
P/E
21.41
P/B
0.97
Dividend yield
0.59%
ROE
4.7%
ROCE
5.0%
Debt to equity
0.84
Volume, NSE
11,41961.6% delivered

Swelect Energy Systems share price chart

Daily closes since Jul 2012, adjusted for splits and bonuses. Earlier closes are left out: on 17 Jul 2012 the price changed in a way no corporate action on record explains.

−28.3%over a year

Results20-session average 26,168 shares a day, 51.0% delivered

Results

Consolidated; ₹ crore.Swelect Energy Systems quarterly results

Revenue growth, 12 months
−10.9%
Net profit growth, 12 months
+55.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹131 Crdown 35.39%
Net profit
₹7.65 Crdown 30.97%
Net margin
5.9%

Revenue by quarter

₹198 CrSep 24₹91 CrDec 24₹219 CrMar 25₹177 CrJun 25₹139 CrSep 25₹139 CrDec 25₹202 CrMar 26₹131 CrJun 26
Peak revenue ₹219 Cr, quarter to Mar 2025; lowest ₹91 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹8.98 CrSep 24−₹11 CrDec 24₹8.98 CrMar 25₹21 CrJun 25₹16 CrSep 25₹9.52 CrDec 25₹11 CrMar 26₹7.65 CrJun 26
A loss in 1 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue19891219177139139202131
Net profit9−119211610118
Net margin4.5%−11.6%4.1%11.9%11.4%6.9%5.5%5.9%
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.

Business segments

In the year to Mar 2026 the company reports one business segment, Solar and other related activities, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2023 and Mar 2024: days before it are of the company before the change.Swelect Energy Systems PE ratio and valuation

Price to earnings

At or below today's level on 62% of 2,447 trading days over the last 10 years.

LowestHighest
Its median18.10Industry median36.67
Price to book

At or below today's level on 64% of 1,970 trading days since Nov 2018.

LowestHighest
Its median0.65Industry median5.72
Dividend yield

At or below today's level on 35% of 2,460 trading days over the last 10 years.

LowestHighest
Its median0.88%Industry median0.35%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−7.2%+338.0%−79.0%0.7%
3 years+21.1%+115.1%−44.0%0.6%
5 years+20.4%+16.2%+3.1%0.6%
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 over 1 and 3 years 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. Earnings growth over 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Swelect Energy Systems shareholding pattern

Shareholding by group

  • Promoters56.37%
  • Foreign institutions0.07%
  • Individuals and others43.57%
Holder
CHELLAPPAN RPromoter48.80%
BALAN APromoter3.10%
ZEN SECURITIES LTDCompanies2.05%
NALANDA SECURITIES PRIVATE LIMITEDCompanies1.74%
KETAN CHHAGANLAL DEDHIAResident individuals, over ₹2 lakh at face value1.72%
VATTUR S RAJENDRANNon-resident Indians1.40%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions −0.51 pts.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Swelect Energy Systems insider trading

Bought on the market Sold on the market
  • Directors and key managers2 purchases, 0 sales₹1.17 CrNo saleNet₹1.17 Cr
  • Others: no market trade
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.

Swelect Energy Systems competitors and peers

Heavy Electrical Equipment, 48 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Swelect Energy Systems in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Danish Power logoDanish PowerDANISH1,67524.103.63+22.2%+20.7%17.8%–0.24%
KP Green Engineering logoKP Green EngineeringKPGEL1,3439.902.94+79.3%+84.7%34.7%30.8%0.20%
Jyoti Structures logoJyoti StructuresJYOTISTRUC1,23119.132.59+49.4%+54.5%12.4%1.9%0.00%
Anawil Wire and EngineeringANAWIL1,077––––––0.00%
Indosolar logoIndosolarWAAREEINDO7846.272.39−26.8%−41.4%47.0%49.1%0.00%
Neueon Corporation logoNeueon CorporationNEUEON605–2.75+18.0%–−52.3%−89.4%0.00%
Raksan Transformers logoRaksan TransformersRAKSAN482––––––0.00%
Vans Electroengineerings logoVans ElectroengineeringsVANS457––––––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.Swelect Energy Systems dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.7Mar 172.7Mar 181.7Mar 192Mar 203Mar 213Mar 221.2Mar 234Mar 243Mar 253.5Mar 26
Highest ₹4.00 a share, year to Mar 2024.
Ex-dateTypePer share
24 Jul 2026Final₹3.50
18 Jul 2025Final₹3.00
22 Jul 2024Final₹3.00
22 Jul 2024Special₹1.00
19 Jul 2023Final₹1.20
20 Jul 2022Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Swelect Energy Systems announcements

Swelect Energy Systems share price by year

Each calendar year to 2025.Swelect Energy Systems share price history

YearClose at year endChangeHighest closeLowest close
2025620.40−38.7%1,015.50470.90
20241,012.55+91.4%1,461.75583.70
2023529.00+57.5%678.10268.90
2022335.95+16.3%448.60269.15
2021288.90+40.3%288.90182.95
2020205.90+75.5%205.9061.30
2019117.30−35.5%197.2395.35
2018181.97−42.8%344.17172.10
2017317.87+50.2%412.50218.57
2016211.63−33.0%318.03201.67
₹ 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.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026602.60614.85602.60610.90610.233,26148.5%
26 Oct 2026595.45610.00582.75605.95599.4911,66851.5%
23 Oct 2026590.40599.95551.05595.45572.8451,28258.4%
22 Oct 2026594.40613.90579.05584.70594.8312,28147.6%
21 Oct 2026612.05620.85588.00594.40604.9024,40453.0%
19 Oct 2026631.55631.55606.50613.40617.717,67860.1%
16 Oct 2026637.00637.00620.40631.55629.348,10653.2%
15 Oct 2026628.00629.90625.00626.35626.968,21173.7%
14 Oct 2026615.00638.45611.10630.95629.4430,25766.7%
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.Bonus share history

Ex-dateEventPrice factorWhat happened
22 Aug 2019Bonus0.6667Holders received 1 bonus share for every 2 held.
17 Jul 2012Price move–A corporate action went ex within three days of this move (Annual General Meeting/Final Dividend Rs.3/- Per Share/Interim Dividend Rs.120/- Per Share (Purpose Revised), ex-date 17 Jul 2012), and its terms do not account for the move. Earlier prices are not shown.
14 Oct 2009Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Chairperson
SUNDARAM ANNADURAI
At the end of the quarter to Jun 2026
Managing director and CEO
ARULKUMAR PUDUR SHANMUGASUNDARAM
At the end of the quarter to Jun 2026
NSE symbol
SWELECTES
BSE code
532051
ISIN
INE409B01013
Industry
Electrical Equipment
Former symbols
NUMERICPW
CIN
L93090TN1994PLC028578
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
Swelect House, No. 5, Sir P. S. Sivasamy Salai, Mylapore, Chennai 600004, Tamil Nadu
Share registrar
Cameo Corporate Services Ltd
Keeps the register of shareholders and handles transfers and dividend payments