Swelect Energy Systems Limited (SWELECTES) AI Stock Analysis

• Market Cap: ₹10.59B
• Dividend Yield: 0.43%
• Average Volume (3M): 1.52K
• Price to Earnings (P/E): 31.3
• Beta (1Y): 1.04
• Revenue Growth: 39.01%
• EPS Growth: -42.51%
• Country: IN
• Employees: 279
• Sector: Energy
• Sector Strength: 52
• Industry: Solar
• EPS (TTM): 10.01
• Shares Outstanding: 15,158,760
• 10 Day Avg. Volume: 872
• 30 Day Avg. Volume: 1,522
• PEG Ratio: -0.82
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 1.33
• P/FCF Ratio: -16.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹737.00 ▲(7.59% Upside)

Swelect Energy Systems Limited's overall stock score is primarily influenced by its strong financial performance, despite challenges in profitability and cash flow. The technical analysis indicates bearish momentum, which negatively impacts the score. The valuation suggests the stock is relatively expensive, further weighing down the overall score.

Positive Factors

Revenue Growth

The company has shown impressive revenue growth, indicating strong market demand and effective sales strategies, which are crucial for long-term sustainability.

Cost Management

Efficient cost management as evidenced by healthy margins supports profitability and competitiveness, enhancing the company's ability to invest in growth opportunities.

Capital Structure

A strong equity ratio indicates a solid capital structure, providing financial stability and flexibility to support future growth and withstand market fluctuations.

Negative Factors

Net Profit Margin

Low net profit margins suggest challenges in converting revenue into profit, potentially impacting long-term profitability and shareholder returns.

Free Cash Flow

Negative free cash flow indicates reliance on external financing, which could limit the company's ability to fund operations and growth initiatives independently.

Earnings Growth

Negative EPS growth reflects declining profitability, which may hinder the company's ability to reinvest in business expansion and reward shareholders.

Swelect Energy Systems Limited Business Overview & Revenue Model

Company Description

Swelect Energy Systems Limited (SWELECTES) is a leading player in the renewable energy sector, primarily focused on solar energy solutions. The company designs, manufactures, and integrates solar power systems, offering a range of products including solar modules, inverters, and energy management systems. SWELECTES caters to both residential and commercial markets, promoting sustainable energy solutions that contribute to reducing carbon footprints and enhancing energy efficiency.

How the Company Makes Money

SWELECTES generates revenue through several key streams. The primary source of income is the sale of solar power equipment, including solar panels and inverters, which are pivotal for solar energy generation. Additionally, the company earns revenue from the installation and maintenance of solar systems, providing end-to-end solutions for customers. SWELECTES also engages in project development, where it develops solar power plants and sells the generated electricity, often under power purchase agreements (PPAs) with utilities or large corporations. Strategic partnerships with other energy firms and government entities further bolster SWELECTES's market reach and revenue potential, as they collaborate on large-scale renewable energy projects. Moreover, the company may benefit from various government incentives and subsidies aimed at promoting renewable energy adoption, providing an additional financial boost to its operations.

Swelect Energy Systems Limited Financial Statement Overview

Summary

Swelect Energy Systems Limited demonstrates strong revenue growth and effective cost management, as seen in healthy gross and EBIT margins. However, low net profit margins and challenges in generating positive free cash flow indicate areas for improvement.

Income Statement

Swelect Energy Systems Limited has shown impressive revenue growth over the past year, with a substantial increase in Total Revenue from the previous year. The Gross Profit Margin and EBIT Margin are healthy, suggesting efficient operations and cost management. However, the Net Profit Margin is relatively low, indicating room for improvement in profitability. The EBITDA Margin is robust, highlighting strong earnings capacity before taxes, depreciation, and amortization.

Balance Sheet

The company's balance sheet shows a moderate Debt-to-Equity Ratio, reflecting a balanced approach to financing through debt and equity. Return on Equity (ROE) is modest, indicating moderate returns to shareholders. The Equity Ratio is strong, signifying a solid capital structure with a good proportion of assets financed by equity.

Cash Flow

The cash flow analysis reveals challenges in generating Free Cash Flow, which has been negative in recent years. This points to significant capital expenditures, potentially limiting liquidity. The Operating Cash Flow to Net Income Ratio is favorable, suggesting effective conversion of net income into cash from operations. However, the Free Cash Flow to Net Income Ratio is negative, indicating reliance on external financing for operations and investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.85B	6.22B	2.37B	2.36B	3.54B	2.44B
Gross Profit	2.47B	1.73B	1.50B	1.12B	1.30B	1.21B
EBITDA	1.64B	1.44B	1.52B	847.22M	1.02B	724.32M
Net Income	268.52M	125.97M	620.09M	55.45M	324.02M	260.81M
Balance Sheet
Total Assets	0.00	17.50B	16.62B	14.87B	14.03B	11.94B
Cash, Cash Equivalents and Short-Term Investments	465.15M	4.60B	5.16B	4.84B	4.36B	2.99B
Total Debt	0.00	6.28B	5.69B	5.50B	4.59B	3.58B
Total Liabilities	-8.77B	8.72B	8.04B	6.83B	6.16B	4.45B
Stockholders Equity	8.77B	8.57B	8.39B	7.87B	7.76B	7.43B
Cash Flow
Free Cash Flow	0.00	-489.02M	-383.25M	-198.72M	101.40M	-822.91M
Operating Cash Flow	0.00	886.68M	895.37M	1.31B	970.09M	332.39M
Investing Cash Flow	0.00	-1.28B	-823.14M	-2.84B	-728.17M	-1.42B
Financing Cash Flow	0.00	759.66M	324.30M	107.98M	993.93M	943.00M

Swelect Energy Systems Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 685.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SWELECTES, the sentiment is Negative. The current price of 685 is below the 20-day moving average (MA) of 744.90, below the 50-day MA of 823.28, and above the 200-day MA of 669.03, indicating a neutral trend. The MACD of -34.12 indicates Positive momentum. The RSI at 29.17 is Positive, neither overbought nor oversold. The STOCH value of 21.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SWELECTES.

Swelect Energy Systems Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
WEBELSOLAR	59 Neutral	₹51.08B	25.12	―	―	152.12%	―
SWELECTES	57 Neutral	₹10.59B	31.32	―	0.43%	39.01%	-42.51%
ZODIAC	56 Neutral	₹5.74B	28.17	―	0.22%	64.71%	48.65%
INDOSOLAR	50 Neutral	₹24.12B	11.30	―	―	2412.32%	―

Swelect Energy Systems Limited Corporate Events

Swelect Energy Systems Clarifies Market-Driven Volume Surge

Swelect Energy Systems Limited has experienced a significant increase in trading volume, prompting inquiries from the National Stock Exchange of India. The company clarified that the price and volume movements are purely market-driven and not influenced by any internal activities, assuring compliance with regulatory disclosure requirements.