SWARAJENG
Swaraj Engines Limited (SWARAJENG) Stock Analysis
Swaraj Engines Limited manufactures diesel engines and engine components, largely for farm equipment and industrial applications in India. It has long-standing ties with Mahindra & Mahindra as a key supplier in the agricultural machinery ecosystem. The company operates from Punjab and serves OEM and aftermarket demand. It is listed on the NSE and BSE.
Industrials › Farm & Heavy Construction Machinery
₹3,514.40
+2.19% 1W | -11.00% 52W
Market Cap
4.3k CR
P/E Ratio
20.1
52W High
₹4394
52W Low
₹3301.3
Div. Yield
3.12%
Beta
0.4
50 DMA
₹3573.9
200 DMA
₹3667.8
Profit Margin
9.5%
Inst. Own.
8.7%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 389 | 280 | 351 | 418 | 464 | 346 | 454 | 484 | 504 | 473 | 546 | 588 | 635 |
| Expenses | 337 | 247 | 303 | 360 | 401 | 301 | 392 | 417 | 436 | 411 | 471 | 512 | 549 |
| Operating Profit | 52 | 33 | 48 | 58 | 63 | 44 | 62 | 67 | 68 | 62 | 75 | 77 | 86 |
| OPM % | 13% | 12% | 14% | 14% | 14% | 13% | 14% | 14% | 14% | 13% | 14% | 13% | 14% |
| Other Income | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 | 0 | 4 | 4 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 4 | 4 | 5 | 6 | 5 | 5 | 5 | 6 | 6 | 5 | 6 | 7 |
| Profit before tax | 51 | 32 | 47 | 58 | 61 | 43 | 61 | 67 | 67 | 56 | 73 | 75 | 81 |
| Tax % | 26% | 25% | 25% | 26% | 26% | 25% | 26% | 26% | 26% | 25% | 25% | 26% | 26% |
| Net Profit | 38 | 24 | 35 | 43 | 45 | 32 | 45 | 50 | 50 | 42 | 55 | 56 | 61 |
| EPS in Rs | 31.01 | 19.84 | 28.96 | 35.56 | 37.39 | 26.30 | 37.39 | 41.14 | 40.90 | 34.65 | 44.91 | 45.70 | 49.85 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 540 | 526 | 666 | 771 | 872 | 773 | 987 | 1,138 | 1,422 | 1,419 | 1,682 | 2,007 | 2,243 |
| Expenses | 465 | 452 | 562 | 650 | 740 | 673 | 851 | 983 | 1,235 | 1,231 | 1,455 | 1,735 | 1,942 |
| Operating Profit | 75 | 74 | 105 | 122 | 132 | 100 | 136 | 155 | 186 | 188 | 227 | 272 | 300 |
| OPM % | 14% | 14% | 16% | 16% | 15% | 13% | 14% | 14% | 13% | 13% | 14% | 14% | 13% |
| Other Income | 16 | 16 | 17 | 19 | 15 | 13 | 9 | 10 | 12 | 14 | 16 | 14 | 9 |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 13 | 14 | 16 | 17 | 20 | 20 | 20 | 18 | 19 | 17 | 20 | 22 | 23 |
| Profit before tax | 78 | 76 | 105 | 123 | 127 | 93 | 124 | 147 | 180 | 185 | 223 | 264 | 286 |
| Tax % | 33% | 33% | 35% | 35% | 35% | 24% | 26% | 25% | 26% | 25% | 26% | 26% | |
| Net Profit | 52 | 51 | 69 | 80 | 82 | 71 | 93 | 109 | 134 | 138 | 166 | 196 | 213 |
| 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 | 175.11 |
| Dividend Payout % | 79% | 80% | 78% | 76% | 74% | 68% | 91% | 89% | 84% | 84% | 76% | 68% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 12.0% | 15.0% | 14.0% |
| Profit CAGR | 14.0% | 17.0% | 14.0% |
Shareholding Pattern
Promoters52.12%
FIIs3.73%
DIIs9.32%
Public34.84%
Promoters52.12%
FIIs3.93%
DIIs9.65%
Public34.31%
Promoters52.12%
FIIs3.15%
DIIs9.74%
Public35.00%
Promoters52.11%
FIIs2.82%
DIIs9.09%
Public35.97%
Promoters52.11%
FIIs2.43%
DIIs8.78%
Public36.69%
Promoters52.13%
FIIs1.75%
DIIs9.16%
Public36.96%
Promoters52.12%
FIIs2.55%
DIIs9.54%
Public35.79%
Promoters52.12%
FIIs3.47%
DIIs9.89%
Public34.51%
Promoters52.11%
FIIs2.82%
DIIs9.09%
Public35.97%
Promoters52.11%
FIIs2.43%
DIIs8.78%
Public36.69%
SWARAJENG
Holdings Analysis
Key strengths & risk signals
66
Overall
69
Fundamental
64
Technical
Risks (4)
LOW MARGIN! 9.5% profit margin - thin profits.
WEAK POSITION! Current price (3514.4) is below both moving averages.
WEAK YEAR! Stock declined 11.0% in the last year.
WEAK! Trading at 19.5% of 52W range - near yearly lows.
Strengths (4)
FAIRLY VALUED! PEG of 1.47 indicates reasonable valuation.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 136,874 vs down days: 23,670. Ratio: 5.78x
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
TESTING SUPPORT! Stock is at key support level.
Fundamental & Technical Analysis
66Overall
69Fundamental
64Technical
Fundamental Breakdown
Growth Quality
22/30
Revenue CAGR: 12.2% (GOOD, 11/15). Profit CAGR: 13.7% (GOOD, 11/15).
Profit Margin
3/10
LOW MARGIN! 9.5% profit margin - thin profits.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.47 indicates reasonable valuation.
Dividend Yield
7/10
GOOD DIVIDEND! 3.12% yield - decent income potential.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 36.9% public ownership - moderate retail influence.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (3573.9) is below 200-day average (3667.8) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (3514.4) is below both moving averages.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
2/10
WEAK YEAR! Stock declined 11.0% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 136,874 vs down days: 23,670. Ratio: 5.78x
RSI
3/5
NEUTRAL! RSI at 45.4 - balanced momentum.
52W Range
1/5
WEAK! Trading at 19.5% of 52W range - near yearly lows.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 2.2% (1 week), -0.3% (1 month), -5.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
Peer Comparison
Industrials · Farm & Heavy Construction Machinery · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SWARAJENG | ₹3,514.40 | 20.1 | 9.5% | 12.2% | 13.7% | -11.0% | 66 | BOUNCE FROM SUPPORT | +11.0% | +1.6% | +21.5% | +7.8% |
| VSTTILLERS | ₹4,264.30 | 34 | 8.6% | 7.2% | 4.3% | -20.0% | 48 | CONSOLIDATING DOWN | +9.5% | +849.0% | +11.0% | -4.6% |
| UNIPARTS | ₹735.50 | 18.4 | 14.5% | -4.8% | -8.2% | +41.0% | 53 | BREAKDOWN | +64.1% | +10.8% | +27.0% | +2.5% |
| HMT | ₹56.50 | – | -90.4% | -11.2% | – | -1.8% | 49 | BREAKDOWN | +5.0% | -21.9% | +17.5% | -59.5% |
| TIL | ₹229.30 | – | -8.1% | 94.1% | – | -25.0% | 55 | BREAKDOWN | -12.9% | -46.0% | +86.2% | +7.6% |
| EIMCOELECO | ₹2,295.30 | 31.5 | 15.8% | 10.2% | 25.6% | +36.0% | 78 | CONSOLIDATING UP | +6.2% | +140.6% | +14.6% | +15.8% |
| RMDRIP | ₹20.70 | 9.8 | 16.9% | 162.2% | 965.3% | -48.7% | 56 | BREAKDOWN | 0.0% | -47.0% | +32.5% | -33.9% |
| BAJAJINDEF | ₹201.20 | 27.4 | 11.6% | – | – | -50.7% | 55 | BOUNCE FROM SUPPORT | -3.5% | -19.1% | -13.1% | -49.3% |
Data from TradeAlone · Updated daily
No news tagged for SWARAJENG yet.
