Swaraj Engines

Who are in the management team of Swaraj Engines?

As of March 2022, the management team of Swaraj Engines includes Giju Kurian (Whole Time Director & CEO), Rajesh Jejurikar (Chairman), and several independent directors, along with key compliance and executive roles. This team oversees the company's governance and strategic direction.

As of March 2022, the management team of Swaraj Engines includes the following members:<BR><BR>1. Dileep C Choksi - Independent Director<BR>2. Neera Saggi - Independent Director<BR>3. Rajesh Jejurikar - Chairman (Non-Executive)<BR>4. Rajesh Kumar Kapila - Company Secretary & Compliance Officer<BR>5. Nagarajan Sivaramakrishnan - Independent Director<BR>6. Nikhilesh Panchal - Independent Director<BR>7. Giju Kurian - Whole Time Director & CEO<BR>8. Puneet Renjhen - Director<BR>9. Smita Mankad - Additional Director<BR><BR>This diverse team comprises independent directors, executive leadership, and compliance oversight, contributing to the governance and strategic direction of the company.

What does Swaraj Engines do?

Swaraj Engines Ltd manufactures diesel engines for "Swaraj" tractors and has supplied around 1.3 million engines since its inception in 1989. As of March 2025, it reported net sales of ₹454 Cr and a net profit of ₹45 Cr, with a market cap of ₹4,815 Cr.

Overview:<BR>Swaraj Engines Ltd is a small-cap company in the Compressors, Pumps & Diesel Engines industry, primarily manufacturing diesel engines for "Swaraj" tractors produced by Mahindra & Mahindra Ltd.<BR><BR>History:<BR>Swaraj Engines Ltd commenced commercial operations in 1989-90 and has since supplied approximately 1.3 million engines for fitment into "Swaraj" tractors. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 454 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 45 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 4,815 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 29.00<BR>- Industry P/E: 43<BR>- Dividend Yield: 2.42%<BR>- Debt Equity: -0.46<BR>- Return on Equity: 39.59%<BR>- Price to Book: 11.37<BR><BR>Contact Details:<BR>Address: Phase IV Industrial area, SAS Nagar Mohali Punjab : 160055 <BR>Tel: 91-172-2271620-27 <BR>Email: selinvestor@swarajenterprise.com <BR>Website: http://www.swarajenterprise.com

Has Swaraj Engines declared dividend?

Yes, Swaraj Engines Ltd has declared a dividend of 1045%, amounting to ₹95 per share, with an ex-date of June 27, 2025. The company has shown strong total returns across various periods, with a 5-year total return of 233.05%.

Swaraj Engines Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1045%<BR>- Amount per share: 95 per share<BR>- Ex-date: 27 Jun 25<BR><BR>Dividend Yield: 2.42%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Swaraj Engines Ltd achieved a price return of 21.12%, a dividend return of 3.19%, resulting in a total return of 24.31%.<BR><BR>Over the past year, the company experienced a price return of 60.79%, with a dividend return of 7.56%, leading to a total return of 68.35%.<BR><BR>In the 2-year period, Swaraj Engines Ltd saw a price return of 103.88% and a dividend return of 13.91%, culminating in a total return of 117.79%.<BR><BR>For the 3-year period, the price return was 144.46%, with a dividend return of 23.62%, achieving a total return of 168.08%.<BR><BR>In the last 4 years, the company recorded a price return of 155.33% and a dividend return of 20.50%, resulting in a total return of 175.83%.<BR><BR>Over the past 5 years, Swaraj Engines Ltd had a price return of 204.87% and a dividend return of 28.18%, leading to a total return of 233.05%.<BR><BR>Overall, Swaraj Engines Ltd has demonstrated strong performance with significant total returns across multiple periods, complemented by a substantial dividend declaration. The combination of high returns and dividends indicates a robust financial position.

Who are the peers of the Swaraj Engines?

Swaraj Engines' peers include Cummins India, Elgi Equipments, KSB, Kirl. Brothers, Kirloskar Oil, Greaves Cotton, Roto Pumps, Yuken India, Latteys Industri, and Maks Energy. Cummins India leads in management risk, growth, and capital structure, while Greaves Cotton has the highest 1-year return at 62.87%, compared to Swaraj Engines' 57.81% and Kirloskar Oil's lowest at -33.52%.

Peers: The peers of Swaraj Engines are Cummins India, Elgi Equipments, KSB, Kirl. Brothers, Kirloskar Oil, Greaves Cotton, Roto Pumps, Yuken India, Latteys Industri, and Maks Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cummins India, while Good management risk is found at Elgi Equipments, KSB, Kirl. Brothers, Kirloskar Oil, and Roto Pumps, and the rest have Average or Below Average management risk. Excellent growth is seen at Cummins India, while Good growth is noted for Elgi Equipments, KSB, Kirl. Brothers, and Roto Pumps, with Swaraj Engines showing Average growth and the rest having Below Average growth. Excellent capital structure is present at Cummins India, Swaraj Engines, KSB, Kirl. Brothers, and Roto Pumps, while Kirloskar Oil has a Below Average capital structure, and the rest have Good or Below Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Greaves Cotton at 62.87%, while Kirloskar Oil has the lowest at -33.52%. Swaraj Engines has a 1-year return of 57.81%, which is significantly higher than Kirloskar Oil but lower than Greaves Cotton. Additionally, Kirloskar Oil, Kirl. Brothers, and Latteys Industri have negative six-month returns.

Who are the top shareholders of the Swaraj Engines?

The top shareholders of Swaraj Engines include Mahindra & Mahindra Limited with 52.12%, mutual funds holding 8.89%, foreign institutional investors at 3.48%, and individual investors at 28.11%, with DSP Small Cap Fund being the largest public shareholder at 6.42%.

The top shareholders of Swaraj Engines include Mahindra & Mahindra Limited, which holds the largest stake at 52.12%. Other significant shareholders are mutual funds, which collectively hold 8.89% through six different schemes, and foreign institutional investors (FIIs) with a combined holding of 3.48% across 82 FIIs. The highest public shareholder is DSP Small Cap Fund, owning 6.42%. Additionally, individual investors account for 28.11% of the shareholding.

How big is Swaraj Engines?

As of 24th July, Swaraj Engines Ltd has a market capitalization of 5,387.00 Cr, with recent net sales of 1,748.00 Cr and a net profit of 172.76 Cr. The company has shareholder's funds of 419.20 Cr and total assets of 668.97 Cr as of March 2025.

As of 24th July, Swaraj Engines Ltd has a market capitalization of 5,387.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Swaraj Engines reported Net Sales of 1,748.00 Cr and a Net Profit of 172.76 Cr.<BR><BR>For the latest annual period ending March 2025, the company has Shareholder's Funds amounting to 419.20 Cr and Total Assets of 668.97 Cr.

Are Swaraj Engines latest results good or bad?

Swaraj Engines' latest results show a net profit of ₹49.68 crores and an 8.57% revenue increase year-on-year, indicating solid performance. However, a slight decline in net profit from the previous quarter and compressed operating margins raise concerns about future profitability, leading to a recent stock rating downgrade to HOLD.

Swaraj Engines' latest results present a mixed picture. On one hand, the company reported a net profit of ₹49.68 crores for Q2 FY26, which reflects a positive year-on-year growth of 9.38%. Additionally, revenue reached ₹504.04 crores, marking an 8.57% increase compared to the same quarter last year. This indicates that the company is maintaining a solid operational performance amidst a challenging environment.<BR><BR>However, there are some concerns. The net profit saw a slight decline of 0.58% compared to the previous quarter, and the operating margin has also compressed marginally. This suggests that while revenue is growing, profitability is facing pressure from rising costs, which could impact future performance.<BR><BR>Overall, while the company demonstrates strong fundamentals, such as a zero-debt balance sheet and exceptional return ratios, the recent downgrade in stock rating to HOLD reflects valuation concerns and technical weaknesses. Investors should monitor the company's ability to sustain its margins and manage costs in the coming quarters.

How has been the historical performance of Swaraj Engines?

Swaraj Engines has shown consistent growth in net sales and profitability, with net sales increasing from INR 773.30 crore in March 2020 to INR 1,681.89 crore in March 2025, and profit after tax rising from INR 71.04 crore to INR 165.98 crore during the same period. The company's financial health is robust, reflected in improved earnings per share and cash flow from operations.

Answer:<BR>The historical performance of Swaraj Engines shows a consistent growth trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Swaraj Engines has demonstrated significant growth in net sales, increasing from INR 773.30 crore in March 2020 to INR 1,681.89 crore in March 2025. This growth is reflected in total operating income, which rose from INR 871.74 crore in March 2019 to the same INR 1,681.89 crore in March 2025. The company's operating profit (PBDIT) also saw an upward trend, climbing from INR 113.21 crore in March 2020 to INR 243.72 crore in March 2025. Profit before tax increased from INR 93.07 crore in March 2020 to INR 223.05 crore in March 2025, while profit after tax rose from INR 71.04 crore to INR 165.98 crore in the same period. The earnings per share (EPS) improved significantly from INR 58.57 in March 2020 to INR 136.61 in March 2025. On the balance sheet, total assets grew from INR 355.04 crore in March 2020 to INR 668.97 crore in March 2025, with total liabilities also increasing from INR 355.04 crore to INR 668.97 crore. Cash flow from operating activities improved from INR 99 crore in March 2020 to INR 176 crore in March 2025, indicating a strong operational performance. Overall, Swaraj Engines has shown robust financial health and growth across various metrics over the years.

Is Swaraj Engines overvalued or undervalued?

As of October 16, 2025, Swaraj Engines is fairly valued with a PE ratio of 28.33 and strong financial performance, including a ROCE of 91.46% and a YTD return of 39.56%, despite a recent short-term decline in stock performance.

As of 16 October 2025, Swaraj Engines has moved from expensive to fair in its valuation grade. The company is currently fairly valued, with a PE ratio of 28.33, an EV to EBITDA of 19.98, and a PEG ratio of 1.44. In comparison to its peers, Cummins India is deemed very expensive with a PE of 51.24, while Kirloskar Oil is rated attractive with a PE of 28.64.<BR><BR>Swaraj Engines exhibits strong financial performance, highlighted by a remarkable ROCE of 91.46% and an ROE of 42.23%. Despite recent stock performance showing a decline of 1.25% over the past week compared to a 1.58% gain in the Sensex, the company has outperformed the index significantly over the longer term, with a YTD return of 39.56% against the Sensex's 6.82%. This suggests that while the stock has faced short-term volatility, its overall valuation remains justified in the current market context.

Is Swaraj Engines technically bullish or bearish?

As of November 28, 2025, Swaraj Engines exhibits a neutral technical stance with mixed signals, showing a shift from mildly bullish to sideways, as various indicators present conflicting trends.

As of 28 November 2025, the technical trend for Swaraj Engines has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The MACD is mildly bearish on both weekly and monthly time frames, while the RSI shows no signal in both time frames. Bollinger Bands indicate a bearish stance weekly but mildly bullish monthly. Daily moving averages are mildly bullish, contrasting with the bearish signals from KST and Dow Theory on both weekly and monthly time frames. The OBV shows a bullish signal monthly but is mildly bearish weekly. Overall, the indicators suggest a lack of clear direction, resulting in a neutral stance.

When is the next results date for Swaraj Engines Ltd?

The next results date for Swaraj Engines Ltd is 15 January 2026.

The next results date for Swaraj Engines Ltd is scheduled for 15 January 2026.

Should I buy, sell or hold Swaraj Engines Ltd?

Why is Swaraj Engines Ltd falling/rising?

As of 02-Feb, Swaraj Engines Ltd's stock price is 3,480.00, with a slight increase of 0.2%. Despite recent gains, the stock has underperformed its sector and shows a downward trend, raising concerns due to reduced institutional investment, although the company has strong financial performance indicators.

As of 02-Feb, Swaraj Engines Ltd's stock price is currently at 3,480.00, reflecting a slight increase of 7.1 (0.2%). The stock has been gaining for the last two days, with a total return of 0.3% during this period. However, it is important to note that the stock has underperformed its sector by 1.39% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential downward trend in the short term.<BR><BR>Despite the recent price increase, the stock has experienced a decline of 5.57% over the past month and a year-to-date decrease of 2.99%. On a more positive note, the company has shown strong financial performance, with net sales growing by 20.69% and profit after tax increasing by 21.90% over the latest six months. Additionally, the company boasts a high return on equity (ROE) of 44.26% and a low debt-to-equity ratio, which are indicators of strong management efficiency and financial health.<BR><BR>However, a concerning factor is the falling participation by institutional investors, who have reduced their stake by 0.7% over the previous quarter. This decline in institutional interest could negatively impact the stock's performance, as these investors typically have more resources to analyze the company's fundamentals.<BR><BR>In summary, while Swaraj Engines Ltd has shown some positive financial indicators and a recent uptick in stock price, the overall performance trends, including underperformance against the sector and reduced institutional investment, suggest a cautious outlook for the stock.

Which are the latest news on Swaraj Engines?