Swelect Energy Systems Limited (SWELECTES) Fair Value & Analysis
Technology · IN · Market cap ₹9.9B
Fair value as of: Jul 3, 2026
From 16 valuation models · updated today
Share price −1.5% over the past month.
Price vs Fair Value (12 months)
12‑month range ₹496.45 – ₹934.25 · fair‑value band ₹482.87 – ₹801.55 · the ₹652.30 price screens above the ₹616.57 fair value. As of Jul 3, 2026.
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Swelect Energy Systems Limited (SWELECTES) currently trades at ₹652.30, while our model-based Fair Value estimate is ₹616.57 — implying the stock looks roughly 5.5% overvalued today. We read business quality at 47/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, Swelect Energy Systems Limited generated revenue of ₹6.6B at a net margin of 8.4%. Revenue declined 7.5% year over year. It earns a return on equity of 6.3%. Net debt stands at ₹6.0B. Fundamentals as of Jul 3, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.
About the company
Swelect Energy Systems Limited engages in the manufacture and trading of solar mounting structures, solar photovoltaic inverters**and other ancillary products in India. The company offers photovoltaic modules, including mono PERC, TOPCon, monofacial, bifacial, domestic content requirements, and non-DCR; module mounting structures (MMS), such as ground mount, rooftop, and solar water pumps; energy storage systems, including solar energy storage systems, and solar-wind hybrid energy storage systems. It also provides electrical BoS, such as string combiner boxes (SCBs), DCDBs, AJBs, and ACDBs; and auxiliary transformers, including servo stabilisers. In addition, the company distributes solar power products, such as solar modules and MMS plus BOS accessories. Further, the company engages in solar and wind power generation, and provision of contract manufacturing and installation and maintenance services. It serves homes/SME'S, EPC, O&M services, and independent power producer markets. …
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Swelect Energy Systems Limited reported revenue of ₹6.6B in FY2026 versus ₹3.5B in FY2022, a compound +16.7%/yr. Reported net income was ₹552M in FY2026, compounding +14.2%/yr from FY2022.
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6 more Solar stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).
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| First Solar, Inc FSLR | $263.11 | $284.45 | +8% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.