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Swaraj Engines

Swaraj Engines

NSE: SWARAJENGBSE 500407Capital Goodswww.swarajenterprise.com
TV Chart
3,917.20
47.70−1.20%
DAY3,910
₹3,917.20
3,990
52W3,301
₹3,917.20
4,720
Open3,990.00
Prev Close3,964.90
Bid3,917.00100
Ask3,917.40100
Volume11.6K10%vs 20D avg
Market Cap₹4,774.9 Cr
Promoter Hold.52.11%
Face Value₹10
Fwd P/E21.98
PEG
EV/EBITDA13.96
P/S1.98
ROA21.51%
Beta0.37
Div Payout64.76%
Valuation

Swaraj Engines Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Swaraj Engines Limited, framed against the sector median so the premium or discount is obvious at a glance.

Swaraj Engines Limited trades at a P/E of 20.45× and P/B of 8.21×.

Key MetricsLive · as of 23 Jun 2026
the price tag

Valuation

Market Cap
₹4,774.9 Cr
P/E Ratio
good20.45
P/B Ratio
watch8.21
EPS
161.37
the engine

Profitability

ROE
good43.23%
ROCE
good56.2%
Net Margin
avg9.81%
Op Margin
avg12.47%
the trajectory

Growth

EPS YoY
good20.1%
Revenue YoY
good20.2%
Qtr Sales
avg8.57%
Qtr Profit
avg9.38%
the balance sheet

Financial Health

Debt / Equity
good0.42
Book Value
402.45
Div Yield
good2.66%
Promoter Hold.
good52.11%
Chart Patterns

Swaraj Engines Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Swaraj Engines Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Financials

Swaraj Engines Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Swaraj Engines Limited, switchable between annual and quarterly views, consolidated or standalone.

Swaraj Engines Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹4,774.9 Cr and reported EPS of ₹161.37.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Swaraj Engines segment analysis: revenue and profit mix.

Disclosed business segments at Swaraj Engines with their share of revenue and profit, switchable between consolidated and standalone reporting.

Swaraj Engines discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Swaraj Engines Limited investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Swaraj Engines Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Swaraj Engines Limited's investment case rests on 9 positive markers and 7 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Robust profitability. ROE 41.90% and ROCE 56.20% demonstrate efficient capital utilization.

  • Virtually debt-free. Debt-to-equity ratio of 0.00 ensures strong financial stability.

  • Consistent growth. Quarterly sales up 8.57%, profits up 9.38%, indicating healthy momentum.

  • Strong promoter confidence. Promoter holding of 52.1% aligns management and shareholder interests.

  • Healthy cash flow generation. 5-year FCF CAGR of 12.67% supports sustained operational liquidity.

bear case

What can break it.

  • High valuation. Price-to-Book Value of 12.50 suggests stock trades at a premium.

  • Recent stock volatility. Daily price movements indicate market uncertainty and unpredictable short-term returns.

  • Public shareholding risk. Substantial 34.31% public holding could create selling pressure.

  • Elevated P/E ratio. Current P/E of 27.24 is relatively high, potentially limiting upside.

  • Intense competition. Faces pressure from established peers like Cummins India and Elgi Equipments.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 27. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 38%. The operating engine is no longer compounding capital efficiently.

Shareholding

Swaraj shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Swaraj — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Swaraj Engines Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Swaraj Engines Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Cummins India Limited
₹1.59 Lakh Cr
Best Profit Growth
Greaves Cotton Limited
223.00 %
Highest Dividend Yield
Swaraj Engines Limited
2.66 %
Technicals

Swaraj Engines Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Swaraj Engines Limited — derived from the live tape, not yesterday's close.

Swaraj Engines Limited last traded at ₹3,917.2 with an intraday range of ₹3,910–₹3,990 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹3917.20
LevelPrice (₹)Distance% Δ
R44128.13+210.93+5.38%
R34048.13+130.93+3.34%
R24019.07+101.87+2.60%
R13968.13+50.93+1.30%
PIVOT3939.0721.870.56%
CURRENT3917.20
S13728.13-189.07-4.83%
S23808.13-109.07-2.78%
S33859.07-58.13-1.48%
S43888.13-29.07-0.74%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 3928.13P: 3939.07TC: 3950.00
R1
R2
R3
R4
indicator
LTP: 3917.20
PDH: 3978.80
PDL: 3930.00
● Market Sentiment

SWARAJENG is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 3953.3 ~ 3990

● Price Position

Trading Below opening range, showing Bearishness

Delivery & Volume

Swaraj Engines Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Swaraj Engines Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Swaraj Engines Limited stood at 62.1% of traded volume, against a 20-day average of 53.3%.

Avg Delivery (20D)53.3%+8.8 ppt latest vs avg
Highest Delivery70.5%on 12 Jun
Avg Volume (20D)12.9 K20-day run-rate
Conviction Trend↑ Strengthening+8.8 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Swaraj Engines announcements: results, concalls, ratings, M&A.

Filings Swaraj Engines sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Swaraj Engines files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 69 documents below.

  1. 20 Jun 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please…

  2. 18 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Mahindra and Mahindra Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of…

  3. 14 Apr 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of…

  4. 13 Apr 2026AppointmentView PDF

    Appointment

    - appointment of Mr. Nayan Jain (ICSI Membership No. ACS-79769) as Compliance Officer of the Company with effect from 13th June, 2026. Mr. Nayan Jain…

  5. 13 Apr 2026ResignationView PDF

    Resignation

    - cessation of Ms. Geeta Kharat (ICSI Membership No. ACS-51135) as Compliance Officer of the Company due to her resignation with effect from close of…

Corporate Actions

Swaraj Engines dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Swaraj Engines has declared, sequenced by announce and record date.

Swaraj Engines corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Swaraj Engines Limited: business, sector, key facts.

What Swaraj Engines Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Swaraj Engines Limited operates in the Capital Goods, listed as NSE: SWARAJENG, BSE: 500407.

SWARAJENG
Capital Goods

Swaraj Engines Limited

NSE · SWARAJENG·BSE · 500407·www.swarajenterprise.com

Swaraj Engines Limited is an Indian manufacturer and seller of diesel engines and related components. Their primary focus is on providing engines and spare parts specifically for the tractor industry within India. This specialization highlights their niche within the broader engine market, concentrating their efforts on a key sector of the Indian agricultural and industrial landscape.

The company's product line includes a range of diesel engines, encompassing both standard and high-tech variants. Along with the engines themselves, Swaraj Engines also manufactures and supplies the necessary components required for assembly and maintenance. This comprehensive approach allows them to offer a complete solution to their customers, simplifying the procurement process and potentially improving overall customer service.

Established in 1985 and headquartered in Mohali, India, Swaraj Engines boasts a significant history in the Indian engine market. Their longevity suggests a proven track record and a sustained ability to adapt to the evolving demands of the tractor industry. This established presence provides a strong foundation for continued growth and market influence.

A key aspect of Swaraj Engines' business structure is its status as a subsidiary of Mahindra & Mahindra Limited. This affiliation with a larger, well-established conglomerate provides access to significant resources, expertise, and a wider network for distribution and sales. This backing likely contributes to the company's stability and its capacity for expansion and investment in research and development.

In summary, Swaraj Engines Limited operates as a specialized manufacturer of diesel engines and components predominantly serving the Indian tractor market. Their integrated approach, combined with their history and their connection to Mahindra & Mahindra, positions them firmly within the Indian agricultural and industrial landscape.

company facts
Employees
SectorCapital Goods
HeadquartersMohali, India
Market Cap₹4,774.9 Cr
Listed OnNSE
leadership16 on record
Mr. Devjit Sarkar
Chief Executive Officer, Additional Whole Time Director
Mr. Devjit Sarkar
Whole Time Director & CEO
Mr. Harish Chavan
Additional Non-Executive Independent Director
Mr. Mahesh Gupta
Chief Financial Officer
Mr. Mahesh Gupta
Chief Financial Officer
Mr. Mukesh Bansal
GM of Manufacturing & Plant Head
Mr. Nikhilesh Panchal
Independent Director
Mr. Puneet Renjhen
Additional Non-Executive Independent Director
Mr. Rajesh Jejurikar
Non-Executive Non-Independent Director
Mr. Rajesh Kapila
Company Secretary
Mr. Rajesh Kumar Kapila
Company Secretary
Mr. Rajya Kanoria
Additional Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about Swaraj Engines Limited (SWARAJENG).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Swaraj Engines Limited (SWARAJENG)?

The current share price of Swaraj Engines Limited (SWARAJENG) is ₹3,917.2. Today, the stock has declined by ₹47.70 (1.20%), trading in a range of ₹3,910 to ₹3,990. The stock opened at ₹3,990 with a trading volume of 11,554 shares.

02Is Swaraj Engines Limited stock a good investment for long-term?

Swaraj Engines Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹4,774.9 crores, P/E ratio of 20.45, ROE of 43.23%, and ROCE of 56.20%. The dividend yield stands at 2.66%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Swaraj Engines Limited stock?

The 52-week high price of Swaraj Engines Limited (SWARAJENG) is ₹4,720, while the 52-week low is ₹3,301.3. Currently trading at ₹3,917.2, the stock is 43.4% away from its 52-week low and 17.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Swaraj Engines Limited stock at the current price?

Whether to buy Swaraj Engines Limited stock at ₹3,917.2 depends on multiple factors. The stock is currently trading with a P/E ratio of 20.45 and P/B ratio of 8.21. Today's performance shows a loss of 1.20%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Swaraj Engines Limited and when is the next dividend?

Swaraj Engines Limited offers a dividend yield of 2.66%, which means for every ₹100 invested at the current price of ₹3,917.2, you can expect to receive approximately ₹2.66 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Swaraj Engines Limited?

Swaraj Engines Limited's key financial metrics include: P/E Ratio: 20.45, P/B Ratio: 8.21, ROE: 43.23%, ROCE: 56.20%, Dividend Yield: 2.66%, EPS: ₹161.37, Book Value: ₹402.45, and Debt-to-Equity: 0.42. The company's market cap stands at ₹4,774.9 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Swaraj Engines Limited stock performing today in the market?

Swaraj Engines Limited stock opened at ₹3,990 and is currently trading at ₹3,917.2, showing a decline of ₹47.70 (1.20%). The intraday high is ₹3,990 and low is ₹3,910. The trading volume stands at 11,554 shares, indicating moderate market participation today.

08What is the P/E ratio of Swaraj Engines Limited and what does it indicate?

Swaraj Engines Limited has a Price-to-Earnings (P/E) ratio of 20.45, which means investors are willing to pay ₹20.45 for every ₹1 of earnings. With an EPS of ₹161.37, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Swaraj Engines Limited (SWARAJENG) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.