⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

SWSOLAR - Fundamental Analysis: Financial Health & Valuation

Back to List

Rating: 2.9

Last Updated Time : 17 Jan 26, 02:44 pm

Fundamental Rating: 2.9

Stock Code SWSOLAR Market Cap 4,899 Cr. Current Price 210 ₹ High / Low 451 ₹
Stock P/E 16.4 Book Value 20.1 ₹ Dividend Yield 0.00 % ROCE 13.5 %
ROE 11.2 % Face Value 1.00 ₹ DMA 50 218 ₹ DMA 200 274 ₹
Chg in FII Hold -1.30 % Chg in DII Hold -1.84 % PAT Qtr 73.1 Cr. PAT Prev Qtr 54.9 Cr.
RSI 48.8 MACD -4.46 Volume 1,82,98,655 Avg Vol 1Wk 57,38,137
Low price 192 ₹ High price 451 ₹ PEG Ratio 0.29 Debt to equity 2.60
52w Index 6.99 % Qtr Profit Var -5.65 % EPS -100 ₹ Industry PE 17.6

📊 Core Financials

  • Revenue Growth: Quarterly PAT improved from 54.9 Cr. to 73.1 Cr., but YoY profit variation (-5.65%) shows weakness.
  • Profit Margins: EPS reported at -100 ₹, indicating accounting or reporting adjustments; ROE 11.2%, ROCE 13.5% — moderate efficiency.
  • Debt Ratios: Debt-to-equity at 2.60, reflecting high leverage and financial risk.
  • Cash Flows: Likely under pressure due to high debt and inconsistent profitability.
  • Return Metrics: ROE and ROCE modest, not strong enough to justify high leverage.

💹 Valuation Indicators

  • P/E Ratio: 16.4 (slightly below industry PE of 17.6, suggesting fair valuation).
  • P/B Ratio: ~10.4 (Current Price / Book Value = 210 / 20.1).
  • PEG Ratio: 0.29 (indicates undervaluation relative to growth, but debt risk remains).
  • Intrinsic Value: Current price appears speculative given weak fundamentals and high leverage.

🏢 Business Model & Competitive Advantage

  • Operates in renewable energy with focus on solar power projects.
  • Competitive advantage lies in sectoral demand tailwinds and government renewable energy initiatives.
  • High debt and weak profitability limit long-term sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive near 180–200 ₹ (closer to low price support).
  • Long-Term Holding: Risky due to high leverage and inconsistent earnings; suitable only for high-risk investors.


✅ Positive

  • Sectoral demand tailwinds from renewable energy initiatives.
  • Quarterly PAT improved sequentially from 54.9 Cr. to 73.1 Cr.
  • PEG ratio at 0.29 suggests potential undervaluation if growth stabilizes.

⚠️ Limitation

  • High debt-to-equity ratio (2.60).
  • Negative EPS (-100 ₹) indicates weak profitability.
  • ROE (11.2%) and ROCE (13.5%) modest compared to peers.

📉 Company Negative News

  • FII holdings reduced (-1.30%), showing cautious foreign sentiment.
  • DII holdings reduced (-1.84%), reflecting domestic institutional caution.
  • MACD at -4.46 indicates bearish technical signals.

📈 Company Positive News

  • Sequential PAT growth (+33%).
  • Strong trading volumes indicate active market interest.
  • Renewable energy sector tailwinds support long-term demand outlook.

🏭 Industry

  • Industry PE at 17.6, highlighting SWSOLAR’s fair valuation.
  • Renewable energy industry remains strong, driven by government policies and global sustainability goals.

🔎 Conclusion

  • SWSOLAR faces high debt and weak profitability despite sectoral demand tailwinds.
  • Valuation is fair, but risks outweigh near-term upside.
  • Best entry zone lies near 180–200 ₹ for speculative investors.
  • Conservative investors should avoid until debt reduces and profitability stabilizes.

NIFTY 50 - Fundamental Stock Watchlist

NEXT 50 - Fundamental Stock Watchlist

MIDCAP - Fundamental Stock Watchlist

SMALLCAP - Fundamental Stock Watchlist