Buy Or Sell Opportunity • Jun 19
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₹45.05. The fair value is estimated to be ₹37.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has declined by 4.3%. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹836.7m market cap, or US$8.79m). Minor Risks High level of debt (44% net debt to equity). Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Announcement • May 20
New Swan Multitech Limited to Report Second Half, 2026 Results on May 30, 2026 New Swan Multitech Limited announced that they will report second half, 2026 results on May 30, 2026 New Risk • Feb 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹870.4m (US$9.60m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹870.4m market cap, or US$9.60m). Minor Risk High level of debt (44% net debt to equity). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹64.64, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 31x in the Auto Components industry in India. Negligible returns to shareholders over past year. New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹1.11b market cap, or US$12.6m). Announcement • Nov 08
New Swan Multitech Limited to Report Q2, 2026 Results on Nov 14, 2025 New Swan Multitech Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹65.00, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 5.4% over the past year. New Risk • Sep 10
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (₹1.33b market cap, or US$15.1m). Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹6.06 (vs ₹4.94 in FY 2024) Full year 2025 results: EPS: ₹6.06 (up from ₹4.94 in FY 2024). Revenue: ₹1.60b (up 4.7% from FY 2024). Net income: ₹115.2m (up 23% from FY 2024). Profit margin: 7.2% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Sep 09
New Swan Multitech Limited announces Annual dividend, payable on October 30, 2025 New Swan Multitech Limited announced Annual dividend of INR 0.5000 per share payable on October 30, 2025, ex-date on September 23, 2025 and record date on September 23, 2025. Announcement • Sep 08
New Swan Multitech Limited, Annual General Meeting, Sep 30, 2025 New Swan Multitech Limited, Annual General Meeting, Sep 30, 2025, at 15:00 Indian Standard Time. Recent Insider Transactions • Jun 20
Whole Time Director recently bought ₹948k worth of stock On the 18th of June, Barunpreet Ahuja bought around 14k shares on-market at roughly ₹67.68 per share. This transaction increased Barunpreet's direct individual holding by 350x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹2.3m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹65.40, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 32x in the Auto Components industry in India. Total loss to shareholders of 5.6% over the past year. New Risk • Jun 02
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Market cap is less than US$100m (₹1.05b market cap, or US$12.2m). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹6.06 (vs ₹4.94 in FY 2024) Full year 2025 results: EPS: ₹6.06 (up from ₹4.94 in FY 2024). Revenue: ₹1.61b (up 5.6% from FY 2024). Net income: ₹115.2m (up 23% from FY 2024). Profit margin: 7.1% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Announcement • May 22
New Swan Multitech Limited to Report Fiscal Year 2025 Results on May 30, 2025 New Swan Multitech Limited announced that they will report fiscal year 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹56.80, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 31x in the Auto Components industry in India. Total loss to shareholders of 26% over the past year. New Risk • May 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹914.7m market cap, or US$10.7m). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹50.39, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 27x in the Auto Components industry in India. Total loss to shareholders of 35% over the past year. Announcement • Nov 09
New Swan Multitech Limited to Report First Half, 2025 Results on Nov 14, 2024 New Swan Multitech Limited announced that they will report first half, 2025 results on Nov 14, 2024 Announcement • Oct 01
New Swan Multitech Limited Approves Regularization of Appointment of Mr. Mukul Aul as an Independent Non-Executive Director of the Company New Swan Multitech Limited approved the Regularization of Appointment of Mr. Mukul Aul (DIN: 10333371) as an Independent Non-Executive Director of the Company. Announcement • Sep 09
New Swan Multitech Limited, Annual General Meeting, Sep 30, 2024 New Swan Multitech Limited, Annual General Meeting, Sep 30, 2024. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹90.28, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 35x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹75.88, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 32x in the Auto Components industry in India. Announcement • Jul 05
New Swan Multitech Limited Announces Resignation of Gaurav Maheshwari as an Independent Director New Swan Multitech Limited announced the resignation of Gaurav Maheshwari as an Independent Director, effective from June 29, 2024. Names of listed entities in which the resigning director holds directorships, indicating the category of directorship and membership of board committees, if any: 1. Aspire & Innovative Advertising Limited- Director 2. Enfuse Solutions Limited- Director. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹80.54, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 32x in the Auto Components industry in India. New Risk • Jun 04
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.09b market cap, or US$13.0m). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹4.94 (vs ₹7.09 in FY 2023) Full year 2024 results: EPS: ₹4.94 (down from ₹7.09 in FY 2023). Revenue: ₹1.53b (flat on FY 2023). Net income: ₹93.9m (down 5.4% from FY 2023). Profit margin: 6.2% (down from 6.6% in FY 2023). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₹57.23, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 29x in the Auto Components industry in India. Announcement • May 22
New Swan Multitech Limited to Report Fiscal Year 2024 Results on May 30, 2024 New Swan Multitech Limited announced that they will report fiscal year 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹84.98, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 30x in the Auto Components industry in India. New Risk • Apr 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Market cap is less than US$100m (₹1.40b market cap, or US$16.8m). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹80.53, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 30x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹68.70, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 29x in the Auto Components industry in India. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹109, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 31x in the Auto Components industry in India. Board Change • Jan 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Gaurav Maheshwari was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.