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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
SWELECT Energy Systems Limited is an India-based company that is primarily engaged in the business of manufacturing and trading of solar power projects, off-grid solar photovoltaic (PV) modules, which are based on crystalline silicon technology (c-Si), solar and wind power…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Swelect Energy Systems is scored on the general / industrial framework. It keeps a slim 8.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.66× reported profit. Free cash flow is worth about -11.1% of its market value.
Over the last 3 years revenue compounded at 37%/yr and profit at 108%/yr. Book value has grown 6%/yr. Return on equity is a weak 6.0%. In the latest quarter profit fell 31% versus the prior quarter.
At 17× earnings, the stock sits at the 11th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~10%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.98 | 32.58 | better |
| P/B | 1.01 | 4.36 | better |
| EV/EBITDA | 8.93 | 28.47 | better |
| ROE | 5.99 | 15.58 | worse |
| ROCE | 7.82 | 13.19 | worse |
| ROA | 2.12 | 3 | worse |
| Quick Ratio | 1.22 | 2.52 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| BHEL | 50.7 | 5.5 | 10.8% |
| ABB India | 70.7 | 47.9 | 22.4% |
| CG Power | 89.3 | 13.9 | 15.7% |
Revenue has grown every year across all 4 financial years shown. 37% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (108% vs 37%) — margin expansion is at work. The latest year saw a +312% swing — check if it's a one-off or structural.
Operating margins have been stable around 11% — no major structural shift. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 6% — modest; the capital isn't working hard.
Profit grew faster than EPS (108% vs 105%) — share dilution is eroding per-share value. 105% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.7× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 33% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (33% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 19% above earlier ones.
Profit fell 31% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (11% → 5%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 56.4% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.