Swaraj Engines Ltd

Swaraj Engines Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Swaraj Engines Ltd

₹ 4,053 -0.97%
17 Apr - close price
swarajenterprise.com BSE: 500407 NSE: SWARAJENG
About

Swaraj Engines was established in 1989 it manufactures diesel engines specifically for tractors in the range of 22 HP to above 65 HP and hi-tech engine components. [1] [2]
[3]

Key Points

Company History
Incorporated in 1985, Swaraj Engines was jointly promoted by Punjab Tractors and Kirloskar Oil Engines Ltd. Kirloskar provides know-how, design, documentation, process details, and tooling designs for manufacturing diesel engines for 'SWARAJ' tractors by Punjab Tractors Ltd. Mahindra & Mahindra acquired a majority stake in Punjab Tractors in 2007 and merged the Swaraj brand with its Farm Division.[1] [2]

Website BSE NSE
  • Market Cap ₹ 4,925 Cr.
  • Current Price ₹ 4,053
  • High / Low ₹ 4,726 / 3,300
  • Stock P/E 24.8
  • Book Value ₹ 402
  • Dividend Yield 2.58 %
  • ROCE 58.7 %
  • ROE 43.8 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.6%
  • Company has been maintaining a healthy dividend payout of 76.1%

Cons

  • Stock is trading at 10.1 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Compressors, Pumps & Diesel Engines

Part of BSE Industrials BSE 1000

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
360 400 389 280 351 418 464 346 454 484 504 473 546
312 345 337 247 303 360 401 301 392 417 436 411 471
Operating Profit 48 55 52 33 48 58 63 44 62 67 68 62 75
OPM % 13% 14% 13% 12% 14% 14% 14% 13% 14% 14% 14% 13% 14%
4 5 3 3 3 4 4 4 5 6 5 0 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 5 5 5 4 4 5 6 5 5 5 6 6 5
Profit before tax 47 55 51 32 47 58 61 43 61 67 67 56 73
Tax % 26% 26% 26% 25% 25% 26% 26% 25% 26% 26% 26% 25% 25%
35 41 38 24 35 43 45 32 45 50 50 42 55
EPS in Rs 28.78 33.69 31.01 19.84 28.96 35.56 37.39 26.30 37.39 41.14 40.90 34.65 44.91
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
540 526 666 771 872 773 987 1,138 1,422 1,419 1,682 2,007
465 452 562 650 740 673 851 983 1,235 1,231 1,455 1,735
Operating Profit 75 74 105 122 132 100 136 155 186 188 227 272
OPM % 14% 14% 16% 16% 15% 13% 14% 14% 13% 13% 14% 14%
16 16 17 19 15 13 9 10 12 14 16 14
Interest 0 0 0 1 0 0 0 0 0 0 0 0
Depreciation 13 14 16 17 20 20 20 18 19 17 20 22
Profit before tax 78 76 105 123 127 93 124 147 180 185 223 264
Tax % 33% 33% 35% 35% 35% 24% 26% 25% 26% 25% 26% 26%
52 51 69 80 82 71 93 109 134 138 166 196
EPS in Rs 41.74 41.31 55.43 66.05 67.95 58.55 76.24 90.14 110.00 113.50 136.64 161.57
Dividend Payout % 79% 80% 78% 76% 74% 68% 91% 89% 84% 84% 76% 68%
Compounded Sales Growth
10 Years: 14%
5 Years: 15%
3 Years: 12%
TTM: 19%
Compounded Profit Growth
10 Years: 15%
5 Years: 17%
3 Years: 14%
TTM: 20%
Stock Price CAGR
10 Years: 14%
5 Years: 24%
3 Years: 38%
1 Year: -2%
Return on Equity
10 Years: 37%
5 Years: 41%
3 Years: 42%
Last Year: 44%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 200 251 271 216 226 224 268 294 330 356 407 477
0 0 0 0 0 0 0 0 1 1 2 1
113 73 89 119 128 119 178 156 193 187 251 289
Total Liabilities 325 337 372 348 366 355 458 461 536 557 672 779
84 101 91 92 110 103 92 95 88 76 110 107
CWIP 5 0 1 6 2 4 1 2 2 38 5 55
Investments 42 11 49 76 84 111 34 36 26 20 19 19
195 224 231 173 170 136 331 329 420 423 538 598
Total Assets 325 337 372 348 366 355 458 461 536 557 672 779

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
56 63 82 89 69 100 28 100 133 142 177 117
-11 -14 -32 47 4 -27 56 -48 -38 -30 -58 22
-51 -49 -49 -136 -73 -73 -49 -84 -97 -112 -116 -128
Net Cash Flow -6 0 1 1 -0 -0 36 -32 -2 1 2 11
Free Cash Flow 39 36 76 67 35 84 23 82 122 97 152 47
CFO/OP 111% 118% 115% 109% 86% 124% 47% 89% 97% 101% 103% 68%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 5 5 7 7 8 2 42 33 33 31 38 37
Inventory Days 30 26 19 20 26 23 29 25 22 23 22 17
Days Payable 43 50 52 63 58 61 78 53 53 52 61 58
Cash Conversion Cycle -9 -19 -25 -35 -24 -36 -7 5 2 2 -1 -3
Working Capital Days -38 34 54 3 6 2 13 16 17 12 9 32
ROCE % 37% 32% 39% 47% 55% 39% 48% 50% 55% 52% 56% 59%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Engine Sales Volume
Units

Log in to view insights

Please log in to see hidden values.

Login
Production Capacity
Units per annum

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
52.13% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12% 52.12%
1.75% 2.50% 2.60% 2.71% 2.55% 2.86% 3.23% 3.35% 3.47% 3.73% 3.93% 3.15%
9.16% 8.47% 8.51% 9.02% 9.54% 8.84% 8.89% 9.77% 9.89% 9.32% 9.65% 9.74%
36.96% 36.90% 36.76% 36.16% 35.79% 36.18% 35.76% 34.77% 34.51% 34.84% 34.31% 35.00%
No. of Shareholders 27,46927,48728,03026,97627,14629,24130,20731,73631,90336,48736,98037,905

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports