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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Swan Defence and Heavy Industries's Net Income for the
three
months ended in Mar. 2026 was ₹-1,421 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-2,263 Mil.
Swan Defence and Heavy Industries (NSE:SWANDEF) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Swan Defence and Heavy Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable business
Consistent accounting methods
And few restructurings
The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Swan Defence and Heavy Industries Net Income Related Terms
Swan Defence and Heavy Industries Net Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Swan Defence and Heavy Industries Net Income Chart
Swan Defence and Heavy Industries Net Income Calculation
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-2,263 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Net Income of ₹-2,263 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Swan Defence and Heavy Industries and its competitors.
Is Swan Defence and Heavy Industries' Net Income too high?
Swan Defence and Heavy Industries' current Net Income is ₹-2,263 Mil. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Net Income compare to SPCX and GE?
Swan Defence and Heavy Industries' Net Income of ₹-2,263 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Aerospace & Defense company?
A good Net Income depends on the Aerospace & Defense industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Swan Defence and Heavy Industries and its competitors. Swan Defence and Heavy Industries's current Net Income is ₹-2,263 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12,083.13, compared to a current price of ₹2,229.60 — trading 81.5% below its estimated fair value. The current Net Income is ₹-2,263 Mil. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Swan Defence and Heavy Industries (NSE:SWANDEF), the current Net Income is ₹-2,263 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued.
The current stock price of ₹2,229.60 is trading 81.5% below its estimated GF Value™ of ₹12,083.13.
GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.
Key valuation signals for NSE:SWANDEF:
Net Income: ₹-2,263 Mil
GF Value™: ₹12,083.13 vs. price of ₹2,229.60 (81.5% below fair value)
No single metric tells the full story. See the NSE:SWANDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swan Defence and Heavy Industries Business Description
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score
Get the complete analysis for NSE:SWANDEF
Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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