Swan Defence and Heavy Industries Ltd Share Price – NSE /  BSE

Ship Building, Small Cap

Net Loss of Swan Defence and Heavy Industries reported to Rs 19.86 crore in the quarter ended September 2025 as against net loss of Rs 53.39 crore during the previous quarter ended September 2024. Sales rose 4021.88% to Rs 39.57 crore in the quarter ended September 2025 as against Rs 0.96 crore during the previous quarter ended September 2024.

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Swan Defence & Heavy Industries will hold a meeting of the Board of Directors of the Company on 12 November 2025.

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 Swan Defence and Heavy Industries (SDHI) has signed an exclusive Memorandum of Understanding (MoU) with European offshore oil & gas vessel leader Royal IHC. The partners will combine their expertise, infrastructure, and geographical advantages to design, build, and retrofit offshore oil and gas and other types of vessels. The MoU was signed along with Alar Infrastructure, the Indian representative of Royal IHC.

The collaboration will explore opportunities to build Offshore Construction Vessels, Pipe Laying Vessels, and Multi-Purpose Offshore Support Vessels at SDHl's shipyard in Pipavav Port, Gujarat. The partnership will reinforce the Government of India's Make in India and Atmanirbhar Bharat initiatives by advancing indigenous shipbuilding and enhancing cost competitiveness.

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The agreement, also involving Alar Infrastructure, aims to develop and retrofit offshore construction vessels, pipe laying vessels, and multi-purpose offshore support vessels at Swan Defence and Heavy Industries (SDHI)'s Pipavav Port, Gujarat shipyard. The partnership targets strengthening India?s indigenous shipbuilding under Make in India and Atmanirbhar Bharat, and seeks to provide cost-competitive solutions for global offshore vessel markets.

Swan Defence, formerly known as Reliance Naval and Engineering, is a shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country?s largest dry dock (662m x 65m) and has a fabrication capacity of 144,000 tons per annum.

On a consolidated basis, Swan Defence and Heavy Industries reported net loss of Rs 31.17 crore in Q1 June 2025 as against net loss of Rs 51.45 crore in Q1 June 2024. Net sales stood at Rs 0.42 crore in Q1 June 2025. No sales were reported in the same quarter last year.

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