Reliance Naval Peer Comparison

NSE: SWANDEF | BSE: 533107

₹2,650.60

₹-1.00 (-0.04%)

As on 29-Oct-2026IST

Market cap

₹13,921 Cr

Revenue (TTM)

₹342 Cr

P/E Ratio

39.8

P/B Ratio

6.2

Div. Yield

0 %

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	Reliance Naval	Apollo Micro Sys	Paras Defence
Market cap (₹ Cr)	13,921	15,696	10,714
Revenue (₹ Cr)	342	1,185	557
Net Profit (₹ Cr)	349.49	131.04	107.03
Net Margin (%)	64.17	10.97	18.71
RoE (%)	29.98	9.79	13.64
Price to Earnings	39.83	113.22	102.92
Price-To-Book	6.15	10.33	15.25

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Reliance Naval	Apollo Micro Sys	Paras Defence
Operating Revenue	341.61	1,184.92	556.69
Total Income	544.61	1,194.81	572.17
Total Expenditure	650.01	901.97	411.44
EBITDA	-308.41	282.95	145.25
Depreciation	64.77	28.27	18.33
EBIT	-373.18	254.67	126.92
Interest	43.49	48.05	4.83
Other Income	203.00	9.89	15.48
Exceptional Items	0.00	0.00	2.91
Profit before Tax	-213.66	216.51	140.48
Provision for Tax	-563.15	85.47	33.45
Profit after Tax	349.49	131.04	107.03

Liabilities (₹ Cr)

	Reliance Naval	Apollo Micro Sys	Paras Defence
Shareholder's Funds	2,261.99	1,519.21	770.50
Minority Interest	0.00	7.60	-2.92
Non-Current Liabilities	1,186.71	306.95	30.39
Current Liabilities	446.92	1,123.06	290.17
Total Liabilities	3,167.19	2,368.12	996.46

Assets (₹ Cr)

	Reliance Naval	Apollo Micro Sys	Paras Defence
Non-Current Assets	2,121.41	804.28	268.55
Current Assets	1,595.75	2,068.03	800.75
Total Assets	3,167.19	2,368.12	996.46
Total Debt*	2,725.06	532.41	26.61
Net Current Assets	1,148.83	944.97	510.58
Contingent Liabilities	385.74	111.89	227.11

Cashflow (₹ Cr)

	Reliance Naval	Apollo Micro Sys	Paras Defence
Cash From Operating Activities	182.06	-129.76	24.61
Cash Flow from Investing Activities	-439.80	-356.90	-17.25
Cash from Financing Activities	413.38	535.89	-16.62
Net Cash Inflow / Outflow	155.64	49.23	-9.26

Ratios

Profitability Ratios

	Reliance Naval	Apollo Micro Sys	Paras Defence
ROCE (%)	-7.79	14.52	18.68
ROE (%)	29.98	9.79	13.64
ROA (%)	10.27	5.55	10.63
EBIT Margin (%)	-109.24	21.49	22.80
Net Margin (%)	64.17	10.97	18.71
Cash Profit Margin (%)	0.00	0.00	0.00

Growth Ratios

	Reliance Naval	Apollo Micro Sys	Paras Defence
Revenue Growth (%)	641.61	77.12	41.68
EBIT Growth (%)	-154.87	62.52	47.20
Net Profit Growth (%)	423.84	63.98	56.43
EPS Growth (%)	432.12	49.89	-2.84
Book Value Growth (%)	-76.44	109.64	14.07

Valuation Ratios

	Reliance Naval	Apollo Micro Sys	Paras Defence
Price / Earnings	39.83	111.18	105.00
Price / Book Value	6.15	10.33	15.25
Dividend Yield (%)	0.00	0.06	0.08
EV/EBITDA	-53.04	56.80	73.13
Market Cap (₹ Cr)	8,393.06	6,509.87	4,800.21

Solvency Ratios

	Reliance Naval	Apollo Micro Sys	Paras Defence
Debt to Equity	0.51	0.14	0.00
Short term debt to equity ratio	--	0.28	0.04
Current Ratio	3.57	1.84	2.76
Quick Ratio	1.44	1.03	2.09
Interest Coverage	-3.91	5.51	30.08

Operating Efficiency Ratios

	Reliance Naval	Apollo Micro Sys	Paras Defence
Debtors to sales (%)	3.41	54.02	66.83
Asset Turnover	0.10	0.50	0.55
Receivable days	8.26	145.15	251.88
Inventory Days	1,522.15	281.71	118.89
Payable days	37.12	198.90	85.53
Cash Conversion Cycle	1,493.29	227.97	285.24

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.