Swadeshi Industries revenue jumps fourfold to ₹68.12 crore in FY26
Standalone revenue surged from ₹15.90 crore to ₹68.12 crore as the company increased trading volumes and acquired a new subsidiary.
— 2 earlier stories on Swadeshi Industries & Leasing Ltd. →What's new
- Standalone revenue grew to ₹68.12 crore from ₹15.90 crore last year.
- Net profit rose to ₹1.70 crore from ₹1.03 crore.
- Dilip Jagdish Pendse joins the board as an additional independent director.
Why this matters
The company is scaling through trading volumes and inorganic growth via the acquisition of Swadeshi Agrotech Industries. While the equity base doubled to ₹23.13 crore following a warrant conversion, the bottom line has not kept pace with the top-line expansion.
What we're watching
- Whether the new trading volumes are sustainable in FY27.
- The contribution of the newly acquired Swadeshi Agrotech subsidiary.
- How the expanded equity base affects future earnings per share.
The full read
Swadeshi Industries and Leasing reported a sharp expansion in FY26, with standalone revenue climbing to ₹68.12 crore from ₹15.90 crore the previous year. This growth, exceeding 300%, came from higher trading volumes and the acquisition of Swadeshi Agrotech Industries. Net profit reached ₹1.70 crore, up from ₹1.03 crore in FY25. The company’s balance sheet also changed, with the equity base doubling to ₹23.13 crore following a warrant conversion. To add governance depth, the board appointed Dilip Jagdish Pendse, a banker with three decades of experience, as an independent director. The audit opinion remains unmodified. While the top-line growth is clear, the challenge for the company is to translate this increased scale into higher profit margins as it integrates its new subsidiary.
Questions answered
- What drove the revenue growth for Swadeshi Industries?
- The company reported a sharp increase in trading volumes during FY26, which pushed standalone revenue to ₹68.12 crore.
- How did the company's equity base change?
- The equity base doubled to ₹23.13 crore during the year, a result of a warrant conversion.
- Did the company acquire any new businesses?
- Yes, Swadeshi Industries acquired Swadeshi Agrotech Industries during the fiscal year.
- Who was appointed to the board?
- Dilip Jagdish Pendse, a chartered accountant with 30 years of banking experience, was appointed as an additional independent director.
Story so far
All notes on SWADEIN →- 29 May 2026 · 3:13 PM IST Swadeshi Industries revenue jumps fourfold to ₹68.12 crore in FY26
- 1d ago Swadeshi Industries revenue jumps 300% to ₹68.46 crore
- 1d ago Swadeshi Industries revenue jumps 328% as trading activity spikes