Swan Defence and Heavy Industries Ltd
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Swan Defence and Heavy Industries Ltd

SWANDEF Share Price

BSE:533107

NSE:SWANDEF

2350

-90 (-3.69%)

As on July 29, 2026 at 12:19 PM
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Performance

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2,440

2,408.30

5719

1.34

10

Fundamentals

12,678.75Cr

0

182.06

6.12

0

0%

13.22

About

Swan Defence and Heavy Industries Ltd is an Indian shipbuilding and heavy engineering company engaged in defence shipbuilding, offshore fabrication, and marine infrastructure projects. The company operates one of the largest dry docks in India and focuses on constructing naval vessels, commercial ships, and providing ship repair services. Its operations position it within the strategic defence and maritime manufacturing sector.

The Swan Defence and Heavy Industries share price reflects investor sentiment towards India’s defence manufacturing growth, order book strength, government defence spending, and execution capability.

History of Swan Defence and Heavy Industries

Swan Defence and Heavy Industries was initially established under the name Pipavav Defence and Offshore Engineering Company Ltd, and then it was restructured and repurchased by different owners. As time went by, there was financial turmoil in the company, after which it was put in an insolvency procedure and, after which it was ultimately acquired as part of a resolution procedure. The company went back to work after the restructuring under new management, with the emphasis on defence shipbuilding and heavy engineering projects. Historical performance of share price of Swan Defence and Heavy industries indicates the phases of financial strain, restructuring effect and recovery measures in line with India’s ambition of enhancing its domestic defence production and maritime infrastructure.

Key Personnel of Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy Industries Ltd is guided by an experienced Board of Directors comprising executive, non-executive, and independent directors who provide strategic direction and ensure strong corporate governance, which directly influences investor confidence and the Swan Defence and Heavy Industries share price BSE.

Name 

Designation 

Mr. Nikhil Merchant 

Chairman & Managing Director 

Mr. Arun Sinha 

Independent Director 

Mr. Kaiyoze Billimoria 

Independent Director 

Mr. Ashishkumar Bairagra 

Independent Director 

Ms. Maya Sinha 

Independent Director 

Mr. Prabhakar Reddy Patil 

Independent Director 

Mr. Paresh Merchant 

Non-Executive Non-Independent Director 

Mr. Vivek Merchant 

Non-Executive Non-Independent Director 

Mr. Bhavik Merchant 

Non-Executive Non-Independent Director 

Mr. Arvind Morbale 

Executive Director 

Business Segments of Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy industries Ltd is a shipbuilding and heavy engineering company that deals with defence and offshore infrastructure work. The business model of the company is in line with the maritime development and defence manufacturing in India. Its major business divisions are

  • Defence Shipbuilding: The building of naval ships, support ships in the Indian Navy and other defence organisations.
  • Commercial Shipbuilding: Commercial marine ships are cargo vessels, offshore support vessels, and other commercial marine vessels.
  • Ship Repair and Maintenance: Dry dock services, ship refit and maintenance solutions of both naval and commercial vessels.
  • Offshore & Heavy Fabrication: Offshore platform/ heavy engineering structure / marine infrastructure fabrication.
  • Marine Infrastructure Services: Supportive services to the port infrastructure and maritime logistics infrastructure

Subsidiaries of Swan Defence and Heavy Industries Ltd

Swan Defence and Heavy Industries Ltd operates primarily through its core shipyard entity. As per publicly available disclosures, the company does not have major operational subsidiaries listed separately and functions mainly as a standalone shipbuilding and heavy engineering company.

Nikhil Merchant

1997

SWANDEF

NameDesignation
Atul PunjAdditional Director
Nikhil MerchantChairman / Executive Director / Managing Director
Nikhil P Gandhi Chairman
Arvind MorbaleNon Independent Non Executive Director / WTD
Bhavesh P Gandhi Executive Vice Chairman
Vimal Kishore KaushikAdditional Director
T R PrasadAdditional Director
Paresh V MerchantNon-Exec & Non-Independent Dir
S Venkiteswaran Director
R M Premkumar Director
VIVEK PARESH MERCHANTNon-Exec & Non-Independent Dir
BHAVIK NIKHIL MERCHANTNon-Exec & Non-Independent Dir
Ajai Vikram Singh Director
ARUN SINHAIndependent Non Exe. Director
Samar Ballav Mohapatra Director
Kaiyoze B BillimoriaIndependent Non Exe. Director
David Rasquinha Nominee (EXIM)
Ajit Dabholkar Company Secretary
Ashish J BairagraIndependent Non Exe. Director
Sunil ChawlaDirector
Maya SinhaIndependent Non Exe. Director
Nikhil GandhiChairman
Bhavesh GandhiExecutive Vice Chairman
Prabhakar R PatilIndependent Non Exe. Director
Priti P DaveCompany Sec. & Compli. Officer
P KrishnamurthyAlternate Director
N RavichandranAlternate Director
Jayaramakrishnan KannanDirector
Ajit DebholkarCompany Secretary

Swan Defence and Heavy Industries Ltd FAQs

How do I Buy Swan Defence and Heavy Industries Ltd Shares?

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By opening a demat account and having your KYC papers confirmed online, you may simply purchase Swan Defence and Heavy Industries Ltd shares in BlinkX.

What is the Share Price of Swan Defence and Heavy Industries Ltd?

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The share price of any stock is volatile and changes during the day due to a variety of variables. Swan Defence and Heavy Industries Ltd's share price is ₹2350 as of 2026-07-29.

What is the PE ratio of Swan Defence and Heavy Industries Ltd?

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Swan Defence and Heavy Industries Ltd's P/E ratio is - times as of 2026-07-29.

What is the PB ratio of Swan Defence and Heavy Industries Ltd?

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Swan Defence and Heavy Industries Ltd's most recent financial reports indicate a price-to-book ratio of 182.06, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Swan Defence and Heavy Industries Ltd?

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Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Swan Defence and Heavy Industries Ltd's market capitalization is ₹12678.75 Cr as on 2026-07-29.

What is the ROE of Swan Defence and Heavy Industries Ltd?

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The current financial records of Swan Defence and Heavy Industries Ltd show a -% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Swan Defence and Heavy Industries Ltd?

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According to Swan Defence and Heavy Industries Ltd's most recent financial filings, the company has a total asset value of ₹1474.68, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Swan Defence and Heavy Industries Ltd?

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The 52-week high/low price of a Swan Defence and Heavy Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Swan Defence and Heavy Industries Ltd's 52-week high and low as of 2026-07-29 are ₹2489 and ₹321.56, respectively.