As of 6 Nov 2026, Swastika Infra trades at 12.9× trailing earnings, below the industry P/E of 16.4×, and the shares are 23% below their 52-week high. It earns ROCE of 44% and ROE of 35%, and sales and net profit grew 49% and 59% a year over 3 years. Debt is 0.51× equity. It is a small-cap company with a market cap of ₹666 Cr, ranked 73rd of 156 Engineering & Construction companies by market cap; the shares fell 7.1% over the past year.
- ₹196.96
- ₹197.49
- ₹192.00
- ₹196.96
- 56.8K
Health check
- ReturnsBehind
−7.1% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 12.9 vs industry 16.4.
- GrowthStrong
Sales +48.6%, profit +59.3% a year over 3 years.
- ProfitabilityStrong
ROCE 43.8% vs peer median 19.9%.
- Balance sheetFair
Debt 0.51× equity, interest covered 4.7×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹666 Cr
- Small cap
- P/E
- 12.9
- Industry 16.4
- Price to book
- 1.83
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 35.4%
- Peers 17.9%
- ROCE
- 43.8%
- Peers 19.9%
- Debt to equity
- 0.51
- Debt ₹147 Cr
- EPS (TTM)
- ₹15.14
- Face value ₹10
- OPM (TTM)
- 17.7%
- Net margin 9.1%
- Sales growth
- +41.7%
- Latest quarter vs a year ago
- Profit growth
- +80.0%
- Latest quarter vs a year ago
- Price to sales
- 1.29
- EV/EBITDA 7.2
Strengths and risks
Strengths
- Return on equity of 35.4%.
- Return on capital employed of 43.8%.
- Quarterly profit up 80.0% on a year ago.
- Quarterly sales up 41.7% on a year ago.
About Swastika Infra
Swastika Infra Limited provides engineering, procurement, and construction services and engages in the execution of power T&D infrastructure projects in India. The company offers solutions on a turnkey basis, including the supply, erection, installation, testing, and commissioning of power infrastructure. It provides underground cabling work, including the laying, installation, and commissioning of high-voltage/low-voltage power cables; construction of…
- Headquarters
- Jaipur
- Sector
- Industrials
- ISIN
- INE1QJA01015
- Website
- swastikainfra.com
Price range
- Avg volume (3M)
- 7.9 L
- 1-year return
- minus 7.1%
- From 52-week high
- minus 23.4%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| SWASTIKAINSwastika Infra | 195.05 | minus 0.97% | 666 | 12.9 | 8.0 | – | 17.7% | 0.51 | 48.6% | minus 7.1% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Sep 25 | Sep 26 |
|---|---|---|
| 104 | 148 | |
| 88.3 | 121 | |
| 16.1 | 26.5 | |
| 15.4% | 17.9% | |
| 0.5 | 0.6 | |
| 4.3 | 4.9 | |
| 0.1 | 0.3 | |
| 12.2 | 21.9 | |
| 25.1% | 25.2% | |
| 9.1 | 16.4 | |
| 3.34 | 6.01 |
Profit & loss
- Sales CAGR 3Y
- +48.6%
- Profit CAGR 3Y
- +59.3%
- EPS CAGR 3Y
- +47.7%
- ROE
- 35.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 153 | 210 | 351 | 504 | |
| – | +36.7% | +67.4% | +43.6% | |
| 134 | 186 | 306 | 432 | |
| 19.2 | 23.9 | 44.5 | 71.7 | |
| 12.5% | 11.4% | 12.7% | 14.2% | |
| 0.3 | 0.4 | 0.2 | −0.7 | |
| 4.3 | 4.7 | 6.6 | 14.9 | |
| 0.6 | 0.7 | 0.6 | 0.6 | |
| −0.6 | −0 | −0.5 | −0.2 | |
| 13.9 | 18.8 | 37 | 55.3 | |
| 26.3% | 25.7% | 25.9% | 25.1% | |
| 10.3 | 14 | 27.4 | 41.4 | |
| – | +36.4% | +96.3% | +50.9% | |
| 3.76 | 4.10 | 8.04 | 12.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.8 | 24.8 | 24.8 | 27.2 | |
| 10.8 | 24.8 | 52.3 | 130 | |
| 22.8 | 44.1 | 111 | 115 | |
| 39.5 | 49.6 | 70.5 | 141 | |
| 98 | 143 | 259 | 412 | |
| 2.1 | 2.7 | 2.3 | 7.1 | |
| 5.6 | 3.2 | 4.6 | 6.6 | |
| 11.8 | 2.2 | 0.5 | 1.7 | |
| 78.5 | 135 | 251 | 397 | |
| 98 | 143 | 259 | 412 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 27.3 | −3.3 | −76.5 | −9.7 | |
| −3.2 | −22.7 | 14.2 | −16.3 | |
| −12.5 | 16.5 | 60.7 | 27.1 | |
| 11.6 | −9.6 | −1.7 | 1.2 | |
| −0.9 | −1.3 | −0.6 | −5.6 | |
| 26.5 | −4.7 | −77.1 | −15.2 |
Shareholding pattern
- Promoters57.41%
- Public42.59%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 57.41% | 42.59% | 0.00 | |
| 29 Sep 2026 | 57.41% | 42.59% | – |
Major shareholders
Filings & events
News
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