Swelect Energy Systems Announces Financial Results for FY 2026 and Recommends Final Dividend
Swelect Energy Systems Limited announced the approval of its financial results for the quarter and year ended March 31, 2026. The company also recommended a final dividend to its shareholders and appointed new auditors for the financial year 2026-2027.The Board of Directors held a meeting on May 21, 2026, and approved the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended March 31, 2026, and the Audited Financial Results (Standalone and Consolidated) for the Year ended March 31, 2026. The company confirmed that its Statutory Auditors, M/s. Deloitte Haskins & Sells LLP, submitted an unmodified opinion on the Audited Financial Results for the year ended March 31, 2026.
Financial Performance Summary
The financial statements provide a detailed comparison between the standalone performance and the consolidated group performance.Standalone Financial Highlights (Rs. in Lakhs):
| Metric | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| Total Income | 41,154.26 | 48,277.13 |
| Total Expenses | 38,010.80 | 44,635.04 |
| Net Profit/Loss | 1,956.40 | 857.66 |
| Total Assets | 146,611.95 | 123,988.75 |
| Total Equity | 80,453.15 | 78,946.09 |
Consolidated Financial Highlights (Rs. in Lakhs):
| Metric | Year ended 31 March 2026 | Year ended 31 March 2025 |
|---|---|---|
| Total Income | 69,320.53 | 66,861.48 |
| Total Expenses | 61,569.51 | 62,498.52 |
| Net Profit/Loss | 5,758.31 | 1,397.80 |
| Total Assets | 208,281.42 | 174,956.38 |
| Total Equity (Owners of the Parent) | 92,114.11 | 85,668.40 |
The consolidated results incorporate the financial information of multiple subsidiaries and joint ventures, including Swelect Energy Systems Pte. Ltd., Swelect Green Energy Solutions Private Limited, and Swelect Power Systems Private Limited, among others.
Dividend Recommendation and Auditor Appointments
Dividend:The Board of Directors recommended a final dividend of Rs. 3.50 per Equity share, corresponding to a face value of Rs. 10/- each, for the financial year ended March 31, 2026. The dividend, pending shareholder approval at the Annual General Meeting (AGM), will be paid or credited to the members on August 13, 2026.
Auditor Appointments (FY 2026-2027):
The Board also made appointments for the ensuing year:
1. Internal Auditor: M/s. S K Ram Associates, Chartered Accountants.
2. Cost Auditor: M/s. Ravichandran Bhagyalakshmi & Associates, Cost Accountants.
Governance and Meeting Details
The Board of Directors approved the Notice for the Annual General Meeting (AGM), scheduled to be held on Friday, July 31, 2026. The record date for the AGM and for determining the entitlement of the final dividend was fixed as Friday, July 24, 2026.Other Key Updates
The company's operational and financial data are available on the company's website, www.swelectes.com. The results are subject to the approval of the shareholders at the upcoming AGM.SWELECTES Stock Price Movement
On Thursday, Swelect Energy Systems Limited shares edged higher, gaining 4.12% to close at ₹645.95. The stock traded on a volume of 17,545 shares, finishing near its day high of ₹650.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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