Swan (503310) Q4 24/25 earnings summary

Executive summary

• Achieved record consolidated income of ₹6,884 crore for FY25, a 35% increase year-over-year.

• Profit after tax rose 49% to ₹874 crore, with EBITDA up 90% to ₹1,804 crore and margin expanding to 26.2%.

• Board recommended a 10% dividend (₹0.10 per share) for FY25.

• Name change proposed from Swan Energy Limited to Swan Corp Limited, pending approvals.

Financial highlights

• Total consolidated income: ₹6,88,368 lakh (FY25) vs ₹5,10,007 lakh (FY24).

• EBITDA margin improved to 26.2% from 18.6% year-over-year.

• PAT: ₹87,440.51 lakh (FY25) vs ₹59,928.98 lakh (FY24).

• Basic and diluted EPS: ₹28.83 (FY25) vs ₹22.34 (FY24).

• Significant debt reduction following a ₹3,320 crore QIP.

Outlook and guidance

• Near-term focus on operationalizing the Jafrabad LNG terminal, with long-term regasification agreements in place.

• Shipyard operations revitalized, with new contracts anticipated.

• Exploring monetization of land bank and further growth in new energy and infrastructure.