The Discounted Cash Flow (DCF) valuation of Swan Energy Ltd (SWANENERGY.NS) is (2,414. INR. With the latest stock price at 391.10 INR, the upside of Swan Energy Ltd based on DCF is -717.5%.

Is SWANENERGY.NS a buy or a sell?

Based on the latest price of 391.10 INR and our DCF valuation, Swan Energy Ltd (SWANENERGY.NS) is a sell. Selling SWANENERGY.NS stocks now will result in a potential gain of 717.5%.

Note: valuation result may not be accurate due to the low predictability of business.

	Range	Selected
WACC / Discount Rate	10.4% - 15.6%	13.0%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(3,798.29) - (1,819.59)	(2,414.95)
Upside	-1071.2% - -565.2%	-717.5%

391.10 INR

Stock Price

(2,414. INR

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

SWANENERGY.NS DCF Valuation: Revenue & Expenses Forecast

(INR in millions)		Projections

	03-2024	03-2025	03-2026	03-2027	03-2028	03-2029

Revenue	50,171	57,580	74,456	94,958	116,170	142,116
% Growth	249%	15%	29%	28%	22%	22%

Cost of goods sold	(40,125)	(43,747)	(53,741)	(65,112)	(75,674)	(87,946)
% of Revenue	80%	76%	72%	69%	65%	62%

Selling, G&A expenses	(1,173)	(1,346)	(1,741)	(2,220)	(2,716)	(3,323)
% of Revenue	2%	2%	2%	2%	2%	2%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(2,780)	(3,191)	(4,126)	(5,262)	(6,437)	(7,875)
% of Revenue	6%	6%	6%	6%	6%	6%

Tax expense	(234)	(1,123)	(1,794)	(2,702)	(3,787)	(5,192)
Tax rate	4%	12%	12%	12%	12%	12%

Net profit	5,860	8,173	13,055	19,662	27,556	37,780
% Margin	12%	14%	18%	21%	24%	27%