Swaraj Suiting
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Forensics
Recent events
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July 14 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
SWARAJ SUITING LTD - BEGINS COMMERCIAL PRODUCTION AT NEEMUCH PLANT
Source text: ID:nNSE8Qzvgx
Further company coverage: SWAU.NS
(([email protected];))
July 14 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
SWARAJ SUITING LTD - BEGINS COMMERCIAL PRODUCTION AT NEEMUCH PLANT
Source text: ID:nNSE8Qzvgx
Further company coverage: SWAU.NS
(([email protected];))
** Shares of Swaraj Suiting Ltd SWAU.NS rise as much as 3.3% to 295 rupees
** Fabric maker says it got 27.8 mln rupees ($331,267) from the government of India as subsidy under assistance to textile units in the fabric sector scheme
** Adds, subsidy to support the co's investment in setting up a denim division at a plant
** Stock on track to snap 2 days of losses
** SWAU last up 1.5%, adding to YTD gains of ~190% so far
($1 = 83.9200 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Swaraj Suiting Ltd SWAU.NS rise as much as 3.3% to 295 rupees
** Fabric maker says it got 27.8 mln rupees ($331,267) from the government of India as subsidy under assistance to textile units in the fabric sector scheme
** Adds, subsidy to support the co's investment in setting up a denim division at a plant
** Stock on track to snap 2 days of losses
** SWAU last up 1.5%, adding to YTD gains of ~190% so far
($1 = 83.9200 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
July 25 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
COMMENCEMENT OF COMMERCIAL PRODUCTION AT NEEMUCH UNIT
Source text for Eikon: ID:nNSE3mc0gD
Further company coverage: SWAU.NS
(([email protected];;))
July 25 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
COMMENCEMENT OF COMMERCIAL PRODUCTION AT NEEMUCH UNIT
Source text for Eikon: ID:nNSE3mc0gD
Further company coverage: SWAU.NS
(([email protected];;))
Sept 8 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
RE-APPOINTS MOHAMMED SABIR KHAN AS MD
Source text for Eikon: ID:nNSES4H8t
Further company coverage: SWAU.NS
(([email protected];;))
Sept 8 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
RE-APPOINTS MOHAMMED SABIR KHAN AS MD
Source text for Eikon: ID:nNSES4H8t
Further company coverage: SWAU.NS
(([email protected];;))
Aug 23 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
APPROVED TO AVAIL ADDITIONAL TERM LOAN FACILITY OF 1.47 BILLION RUPEES
TO AVAIL ADDITIONAL WORKING CAPITAL FACILITY OF 300 MILLION RUPEES FROM BANKS
Source text for Eikon: ID:nNSESdxFJ
Further company coverage: SWAU.NS
(([email protected];;))
Aug 23 (Reuters) - Swaraj Suiting Ltd SWAU.NS:
APPROVED TO AVAIL ADDITIONAL TERM LOAN FACILITY OF 1.47 BILLION RUPEES
TO AVAIL ADDITIONAL WORKING CAPITAL FACILITY OF 300 MILLION RUPEES FROM BANKS
Source text for Eikon: ID:nNSESdxFJ
Further company coverage: SWAU.NS
(([email protected];;))
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Popular questions
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What does Swaraj Suiting do?
Swaraj Suiting Limited is a textile company engaged in manufacturing grey fabric, trading yarn, grey fabric, and finished fabric. They aim for vertical integration in the supply chain to enhance efficiency and reduce production costs.
Who are the competitors of Swaraj Suiting?
Swaraj Suiting major competitors are Century Enka, Orbit Exports, Shri Jagdamba Polymr, Nahar Ind.Enterprise, Donear Industries, VTM, Nandan Denim. Market Cap of Swaraj Suiting is ₹1,004 Crs. While the median market cap of its peers are ₹553 Crs.
Is Swaraj Suiting financially stable compared to its competitors?
Swaraj Suiting seems to be less financially stable compared to its competitors. Altman Z score of Swaraj Suiting is 2.83 and is ranked 6 out of its 8 competitors.
Does Swaraj Suiting pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Swaraj Suiting latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Swaraj Suiting allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Swaraj Suiting balance sheet?
Balance sheet of Swaraj Suiting is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Swaraj Suiting improving?
Yes, profit is increasing. The profit of Swaraj Suiting is ₹59.67 Crs for TTM, ₹33.48 Crs for Mar 2025 and ₹18.5 Crs for Mar 2024.
Is the debt of Swaraj Suiting increasing or decreasing?
Yes, The net debt of Swaraj Suiting is increasing. Latest net debt of Swaraj Suiting is ₹291 Crs as of Mar-26. This is greater than Mar-25 when it was ₹267 Crs.
Is Swaraj Suiting stock expensive?
Swaraj Suiting is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Swaraj Suiting is 18.7, while 3 year average PE is 24.65. Also latest EV/EBITDA of Swaraj Suiting is 10.88 while 3yr average is 8.75.
Has the share price of Swaraj Suiting grown faster than its competition?
Swaraj Suiting has given better returns compared to its competitors. Swaraj Suiting has grown at ~91.59% over the last 4yrs while peers have grown at a median rate of 5.19%
Is the promoter bullish about Swaraj Suiting?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Swaraj Suiting is 64.69% and last quarter promoter holding is 64.95%. Please check if dilutions happened via QIP/ Offerings etc.
Are mutual funds buying/selling Swaraj Suiting?
There is Insufficient data to gauge this.