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Swaraj Engines Ltd

Swaraj Engines Ltd

3,405.00
INR
+1.80
(+0.05%)
166.38EPS
24.02P/E
48.57BMarket Cap
Jan 15Next Earn
Swaraj Engines Ltd
NSE:SWARAJENG
(National Stock Exchange of India)

Recent

price

3,405.00

P/E

ratio

24.02

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
290.69
361.17
385.72
489.76
434.54
423.44
533.69
618.65
715.5
635.23
810.44
933.11
1,164.68
1,163.05
1,378.05
1,645.13
1,721.64
Revenue per Share
35.36
42.53
44.61
53.95
41.74
41.31
55.42
64.62
67.96
58.57
76.27
90.17
110.02
113.5
136.64
161.6
166.41
Basic EPS, GAAP
18.79
15.2
6.13
44.51
31.37
28.78
61.05
53.21
28.66
69.12
18.45
66.74
98.77
77.87
125.3
38.47
- -
Free Cash Flow per Basic Share
9.31
11.57
15.06
38.47
40.68
39.58
39.54
51.62
60.02
60.28
40.16
69
80
92
95
104.5
- -
Dividend per Share
122.56
149.98
155.98
168.98
210.53
212.11
228.16
188.43
196.21
194.44
231.14
251.71
281.75
303.41
345.09
402.41
- -
Book Value per Share
122.52
149.96
155.93
168.89
210.46
211.92
227.73
186.89
195.06
193.67
230.75
251.67
281.67
303.34
345.06
402.41
- -
Tangible Book Value per Share
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Basic Weighted Avg Shares
3,610
4,486
4,790
6,083
5,397
5,259
6,628
7,669
8,677
7,706
9,834
11,329
14,145
14,127
16,740
19,985
20,915
Sales/Revenue/Turnover
17.84
14.52
13.44
13.41
11.41
11.4
13.32
13.66
12.92
10.42
11.78
12.12
11.87
12.09
12.36
12.49
12.36
Operating Margin (%)
45
43
72
91
132
138
163
168
195
201
198
181
185
173
203
225
224
Depreciation Expense
439
528
554
670
518
513
688
801
824
710
925
1,095
1,336
1,379
1,660
1,963
2,022
Net Income, GAAP
31.76
31.64
30.31
31.5
33.38
32.67
34.73
34.73
35.3
23.67
25.66
25.46
25.67
25.46
25.58
25.52
25.53
Effective Tax Rate (%)
12.16
11.78
11.57
11.02
9.61
9.76
10.39
10.44
9.5
9.22
9.41
9.66
9.45
9.76
9.92
9.82
9.67
Profit Margin (%)
1,252
1,200
1,141
1,290
1,754
1,673
1,966
1,291
1,293
1,326
1,878
1,784
2,023
2,408
2,342
2,951
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9
9
14
14
- -
LT Debt
1,522
1,863
1,937
2,099
2,615
2,634
2,834
2,285
2,380
2,359
2,806
3,057
3,422
3,686
4,192
4,889
- -
Total Equity
31.96
26.31
23.61
27.3
17.44
15.41
21.1
26.76
31.15
25.87
33.36
34.96
38.25
35.5
38.78
40.06
- -
Return on Invested Capital (%)
31.96
31.24
29.21
33.21
22
19.56
25.18
31.55
35.36
29.99
35.84
37.37
41.19
38.71
42.03
43.11
- -
Return on Capital (%)
31.94
31.21
29.16
33.2
22
19.55
25.18
31.3
35.34
29.98
35.84
37.35
41.25
38.79
42.14
43.23
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
14
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
43,458
40,203
48,570

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
5,742
- -
Cash, Cash Equivalents & STI
- -
1,138
- -
Accounts Receivable, Net
- -
2,062
- -
Inventories
- -
748
- -
Total Current Liabilities
- -
2,791
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.94%
11.79%
16.63%
Free Cash Flow
40.02%
56.09%
-69.3%
Net Income, GAAP
15.21%
16.44%
18.27%
Sales/Revenue/Turnover
14.91%
15.56%
19.39%
Total Cash Common Dividend
12.72%
23.24%
10%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,180
4,642
3,455
4,542
16,740
2026
4,841
- -
4,732
5,458
19,985
2027
5,884
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
35.56
37.39
26.3
37.39
136.64
2026
41.14
- -
34.66
44.91
161.6
2027
45.7
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
95
2026
- -
- -
- -
- -
104.5
2027
- -
- -
- -
- -
- -
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Business
Swaraj Engines Limited manufactures and supplies diesel engines primarily for fitment into Swaraj tractors produced by the Swaraj Division of Mahindra & Mahindra Ltd.; the company produces engines in the power range of 22 HP to above 65 HP along with hi-tech engine components such as cylinder blocks, heads, crankshafts, and pistons; it also supplies tractor spare parts and operates advanced manufacturing facilities equipped with high-tech machinery, ergonomic material handling systems, and quality analysis tools. Swaraj Engines Limited, founded in 1985 and headquartered in Phase IV Industrial Area, S.A.S. Nagar (Mohali), Punjab, India, focuses exclusively on the agricultural machinery sector, serving tractor manufacturers with engines optimized for reliability, fuel efficiency, and performance in Indian farming conditions; its operations remain concentrated in India with a production capacity recently expanded and further planned through internal accruals. In recent developments, the company announced in January 2025 plans to increase annual engine production capacity from 195,000 to 240,000 units with an investment of approximately Rs 220 crore to meet rising demand and modernize technology; it reported record-breaking H1 FY26 performance with engine sales exceeding 100,000 units for the first time, net operating revenue up 12% to Rs 988.14 crore, and profit after tax rising 12.5% to Rs 99.65 crore; leadership changes include the resignation of Rajesh Jejurikar as Chairman effective October 16, 2025, the appointment of Rajya Vardhan Kanoria as new Chairman from October 17, 2025, and the addition of Gaganjot Singh as Additional Director; the company declared its highest-ever dividend of Rs 104.50 per share for FY25.