Swan Defence and Heavy Industries Ltd Share Price – NSE

Ship Building, Small Cap

Net Loss of Swan Defence and Heavy Industries reported to Rs 142.22 crore in the quarter ended March 2026 as against net loss of Rs 22.89 crore during the previous quarter ended March 2025. Sales rose 4712.22% to Rs 236.28 crore in the quarter ended March 2026 as against Rs 4.91 crore during the previous quarter ended March 2025.

For the full year,net loss reported to Rs 225.97 crore in the year ended March 2026 as against net loss of Rs 181.04 crore during the previous year ended March 2025. Sales rose 3913.37% to Rs 282.14 crore in the year ended March 2026 as against Rs 7.03 crore during the previous year ended March 2025.

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Swan Defence & Heavy Industries will hold a meeting of the Board of Directors of the Company on 27 May 2026.

Swan Defence & Heavy Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 25 May 2026.

The order is classified as Category 4, indicating a value between Rs 1,501 crore and Rs 3,000 crore.

The vessels, to be built for Energy ONE, will be among the largest ever constructed at an Indian shipyard. It will feature next-generation ammonia-based propulsion systems aligned with global decarbonisation trends.

The project reflects the company?s capability in complex shipbuilding. It also aligns with the global shift toward low-emission shipping.

The first vessel is expected to be delivered in October 2029. Subsequent deliveries will follow at four-month intervals.

Swan Defence and Heavy Industries, formerly known as Reliance Naval and Engineering, is a leading shipbuilding and heavy fabrication company in India.

The company had reported a consolidated net loss of Rs 33.11 crore in the quarter ended December 2025 as against net loss of Rs 53.35 crore during the previous quarter ended December 2024. Sales surged to Rs 5.87 crore in Q3 FY26 from Rs 1.16 crore in Q3 FY25.