ConstructionSmall capRs 4,487 crRs 13.6 cr traded a day
Close on 2026-08-21
192.17
−2.19%
52-week range35% of the way up
148.88272.70
Market cap
4,487 cr
P/E (TTM)
21.0×
industry 21×
EPS (TTM)
9.15
Revenue YoY
+73.8%
Q1 FY27
Profit YoY
+1002.9%
Net margin
3.4%
+2.8pt vs a year ago
Growth trend
+8.6pt
vs last quarter’s YoY
1 month
-6.9%
Below 52w high
41.9%
RSI (14)
23
oversold
Daily swing
2.3%
average true range
Volume
1.1×
vs 20-day average
Traded
Rs 14 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
−4.87%
1 month
−6.88%
3 months
+0.20%
6 months
−4.33%
1 year
−28.57%
The read
written from the numbers on this page
The evidence is mixed2 supporting, 3 against, 2 worth knowing
Supporting
revenue grew 74% year on year in the quarter ending 2026-06-30
net margin has widened from 0.9% to 3.4% across four quarters
Against
trading 6% below its 200-day average
down 29% over twelve months
1 of the scans it matches has historically underperformed the market
Worth knowing
RSI at 23 is washed out — historically the better half of this site's measured edge comes from exactly this condition
the 7 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
What would change this read: a close back above 204, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Revenue rose 54.3% year on year, from Rs 1,030 cr to Rs 1,590 cr.
+54.3%Rs 1,030 crRs 1,590 cr
Net profit rose 521.6% year on year, from Rs 9 cr to Rs 53 cr.
+521.6%Rs 9 crRs 53 cr
Profit grew faster than revenue, +521.6% against +54.3%.
+521.6%+54.3%
Needs watching3
Operating cash flow was Rs -257 cr against Rs 214 cr reported profit, which is -121% of it.
Rs -257 crRs 214 cr-121%
Borrowings are 1.79 times owners' equity, Rs 1,164 cr against Rs 650 cr.
1.79Rs 1,164 crRs 650 cr
EPC business accounts for 95% of segment revenue, making it the largest reported segment.
EPC business95%
Every figure here is computed from the company’s own filings. Wording of 6 of these 6 lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, measured against zero
What the scans say today
7 of 47 matched on 2026-08-21
SWSOLAR matches 7 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
segments and revenue mix, as the company reports them
SWSOLAR reports 3 business segments. The largest is EPC business at 95% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
EPC business1,504 cr94.6%—
Operation and maintenance service85 cr5.3%—
Other operating income1 cr0.1%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
32.9%
trailing profit over shareholders’ funds
Return on capital
14.1%
pre-tax profit over equity plus borrowings
Debt to equity
1.79×
1,164 cr borrowed against 650 cr of equity
Net debt
850 cr
borrowings less cash
Cash conversion
-121%
operating cash flow as a share of profit
Receivable days
88
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
407 sessions since 2025-01-16
23×
median 167×
237×
now 21×
SWSOLAR trades at 21× trailing earnings, below its median of 167× over this window — 87% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Credit rating filings were typically +0.58pt vs the market over the next 5 sessions (n=266) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 74% against the same quarter a year earlier
profit rose 1003% year on year
Going against it
net margin narrowed from 7.3% to 3.4%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
1,590
57
53
2.32
3.4%
Q4 FY26
2026-03-31 · consolidated
1,946
154
142
5.76
7.3%
Q3 FY26
2025-12-31 · consolidated
2,092
4
2
—
0.1%
Q3 FY25
2024-12-31 · consolidated
1,837
41
17
0.64
0.9%
Q2 FY25
2024-09-30 · consolidated
1,030
20
9
0.30
0.8%
Q1 FY25
2024-06-30 · consolidated
915
15
5
0.18
0.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-12.8%
Versus 200-day average-6.0%
Below 52-week high-29.5%
Above 52-week low+29.1%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)22.7
Higher closes in last 52 of 5
Six-month return−4.33%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.26%
Volume versus 20-day1.1x
Median daily turnoverRs 13.6 cr
Peers
Construction · 23 classified companies
SWSOLAR trades at 21.0× trailing earnings against an industry median of 21.3× across 22 other classified companies in its industry — priced roughly in line with them. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.