SWARAJ ENGINES LTD (SWARAJENG) financials

SWARAJ ENGINES LTD (SWARAJENG) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹4,274Cr.
Current Price: ₹3,518
Stock P/E: 19.9
ROE: 43.6%
ROCE: 58.4%
Book Value: ₹388
Dividend Yield: 3.11%
52W High / Low: ₹4,394/3,300

In Sep 2026, SWARAJ ENGINES LTD (SWARAJENG) reported sales ₹635 Cr and net profit ₹61 Cr.

Annual TTM: sales ₹2,243 Cr, net profit ₹213 Cr.

Shareholding: Promoters 52.11% (Jun 2026), FIIs 2.43% (Jun 2026), DIIs 8.78% (Jun 2026), Public 36.69% (Jun 2026), No. of Shareholders 41,234% (Jun 2026).

SWARAJENG quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	346	454	484	504	473	546	588	635
Expenses	301	392	417	436	411	471	512	549
Operating Profit	44	62	67	68	62	75	77	86
OPM %	13%	14%	14%	14%	13%	14%	13%	14%
Other Income	4	5	6	5	0	4	4	2
Interest	0	0	0	0	0	0	0	0
Depreciation	5	5	5	6	6	5	6	7
Profit before tax	43	61	67	67	56	73	75	81
Tax %	25%	26%	26%	26%	25%	25%	26%	26%
Net Profit	32	45	50	50	42	55	56	61
EPS in Rs	26.30	37.39	41.14	40.90	34.65	44.91	45.70	49.85
Raw PDF	—	—	—	—	—	—	—	—

SWARAJENG profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	773	987	1,138	1,422	1,419	1,682	2,007	2,243
Expenses	673	851	983	1,235	1,231	1,455	1,735	1,942
Operating Profit	100	136	155	186	188	227	272	300
OPM %	13%	14%	14%	13%	13%	14%	14%	13%
Other Income	13	9	10	12	14	16	14	9
Interest	0	0	0	0	0	0	0	0
Depreciation	20	20	18	19	17	20	22	23
Profit before tax	93	124	147	180	185	223	264	286
Tax %	24%	26%	25%	26%	25%	26%	26%	—
Net Profit	71	93	109	134	138	166	196	213
EPS in Rs	58.55	76.24	90.14	110.00	113.50	136.64	161.57	175.11
Dividend Payout %	68%	91%	89%	84%	84%	76%	68%	—

SWARAJENG balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	12	12	12	12	12	12	12	12
Reserves	224	268	294	330	356	407	477	459
Borrowings	0	0	0	1	1	2	2	1
Other Liabilities	119	178	156	193	187	251	288	373
Total Liabilities	355	458	461	536	557	672	779	846
Fixed Assets	103	92	95	88	76	110	107	200
CWIP	4	1	2	2	38	5	55	29
Investments	111	34	36	26	20	19	19	45
Other Assets	136	331	329	420	423	538	598	571
Total Assets	355	458	461	536	557	672	779	846

SWARAJENG cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	69	100	28	100	133	142	177	117
Cash from Investing Activity	4	-27	56	-48	-38	-30	-58	22
Cash from Financing Activity	-73	-73	-49	-84	-97	-112	-116	-128
Net Cash Flow	-0	-0	36	-32	-2	1	2	11
Free Cash Flow	35	84	23	82	122	97	152	47
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	86%	124%	47%	89%	97%	101%	103%	68%

SWARAJENG shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	52.12%	52.12%	52.12%	52.12%	52.12%	52.12%	52.11%	52.11%
FIIs	3.23%	3.35%	3.47%	3.73%	3.93%	3.15%	2.82%	2.43%
DIIs	8.89%	9.77%	9.89%	9.32%	9.65%	9.74%	9.09%	8.78%
Public	35.76%	34.77%	34.51%	34.84%	34.31%	35.00%	35.97%	36.69%
No. of Shareholders	30,207	31,736	31,903	36,487	36,980	37,905	38,470	41,234

SWARAJENG key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	8	2	42	33	33	31	38	37
Inventory Days	26	23	29	25	22	23	22	17
Days Payable	58	61	78	53	53	52	61	58
Cash Conversion Cycle	-24	-36	-7	5	2	2	-1	-3
Working Capital Days	6	2	13	16	17	12	9	28
ROCE %	55%	39%	48%	50%	55%	52%	56%	58%

SWARAJENGUpdated 16 Oct 2026, 11:59

Swaraj Engines Ltd

SWARAJENGUpdated 16 Oct 2026, 11:59

Market Cap

₹4,274Cr.

Current Price

₹3,518

High / Low

₹4,394/3,300

Stock P/E

19.9

ROE43.6%

ROCE58.4%

Book Value₹388

Face Value₹10.0

Dividend Yield3.11%

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]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2023	389	337	3	5	51	26	38	31.01
Dec 2023	280	247	3	4	32	25	24	19.84
Mar 2024	351	303	3	4	47	25	35	28.96
Jun 2024	418	360	4	5	58	26	43	35.56
Sep 2024	464	401	4	6	61	26	45	37.39
Dec 2024	346	301	4	5	43	25	32	26.3
Mar 2025	454	392	5	5	61	26	45	37.39
Jun 2025	484	417	6	5	67	26	50	41.14
Sep 2025	504	436	5	6	67	26	50	40.9
Dec 2025	473	411	0	6	56	25	42	34.65
Mar 2026	546	471	4	5	73	25	55	44.91
Jun 2026	588	512	4	6	75	26	56	45.7
Sep 2026	635	549	2	7	81	26	61	49.85

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	540	0	465	16	13	78	33	52	41.74
Mar 2016	526	0	452	16	14	76	33	51	41.31
Mar 2017	666	0	562	17	16	105	35	69	55.43
Mar 2018	771	1	650	19	17	123	35	80	66.05
Mar 2019	872	0	740	15	20	127	35	82	67.95
Mar 2020	773	0	673	13	20	93	24	71	58.55
Mar 2021	987	0	851	9	20	124	26	93	76.24
Mar 2022	1138	0	983	10	18	147	25	109	90.14
Mar 2023	1422	0	1235	12	19	180	26	134	110
Mar 2024	1419	0	1231	14	17	185	25	138	113.5
Mar 2025	1682	0	1455	16	20	223	26	166	136.64
Mar 2026	2007	0	1735	14	22	264	26	196	161.57
TTM	2243	0	1942	9	23	286	—	213	175.11

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	52.11%
FIIs	2.43%
DIIs	8.78%
Public	36.69%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Sep 2023	52.12%	2.6%	8.51%	—	36.76%
Dec 2023	52.12%	2.71%	9.02%	—	36.16%
Mar 2024	52.12%	2.55%	9.54%	—	35.79%
Jun 2024	52.12%	2.86%	8.84%	—	36.18%
Sep 2024	52.12%	3.23%	8.89%	—	35.76%
Dec 2024	52.12%	3.35%	9.77%	—	34.77%
Mar 2025	52.12%	3.47%	9.89%	—	34.51%
Jun 2025	52.12%	3.73%	9.32%	—	34.84%
Sep 2025	52.12%	3.93%	9.65%	—	34.31%
Dec 2025	52.12%	3.15%	9.74%	—	35%
Mar 2026	52.11%	2.82%	9.09%	—	35.97%
Jun 2026	52.11%	2.43%	8.78%	—	36.69%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	12	200	0	113	325	84	5	42	195	325
Mar 2016	12	251	0	73	337	101	0	11	224	337
Mar 2017	12	271	0	89	372	91	1	49	231	372
Mar 2018	12	216	0	119	348	92	6	76	173	348
Mar 2019	12	226	0	128	366	110	2	84	170	366
Mar 2020	12	224	0	119	355	103	4	111	136	355
Mar 2021	12	268	0	178	458	92	1	34	331	458
Mar 2022	12	294	0	156	461	95	2	36	329	461
Mar 2023	12	330	1	193	536	88	2	26	420	536
Mar 2024	12	356	1	187	557	76	38	20	423	557
Mar 2025	12	407	2	251	672	110	5	19	538	672
Mar 2026	12	477	2	288	779	107	55	19	598	779
Sep 2026	12	459	1	373	846	200	29	45	571	846

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	56	-11	-51	-6
Mar 2016	63	-14	-49	0
Mar 2017	82	-32	-49	1
Mar 2018	89	47	-136	1
Mar 2019	69	4	-73	0
Mar 2020	100	-27	-73	0
Mar 2021	28	56	-49	36
Mar 2022	100	-48	-84	-32
Mar 2023	133	-38	-97	-2
Mar 2024	142	-30	-112	1
Mar 2025	177	-58	-116	2
Mar 2026	117	22	-128	11

Key ratios

Historical financial ratios

Category	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	28
ROCE %	37%	32%	39%	47%	55%	39%	48%	50%	55%	52%	56%	58%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of SWARAJ ENGINES LTD (SWARAJENG)?

The reported market capitalisation for SWARAJ ENGINES LTD (SWARAJENG) is ₹4,274Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of SWARAJENG?

The current price shown for SWARAJ ENGINES LTD (SWARAJENG) on Fincrux is ₹3,518 with a 52-week high/low of ₹4,394/3,300.

What is the P/E ratio of SWARAJ ENGINES LTD (SWARAJENG)?

The stock P/E for SWARAJ ENGINES LTD (SWARAJENG) is 19.9 on Fincrux, with ROE at 43.6% and ROCE at 58.4%.

What were SWARAJENG latest quarterly results?

For Sep 2026, SWARAJ ENGINES LTD (SWARAJENG) reported sales ₹635 Cr and net profit ₹61 Cr (figures in ₹ crore unless noted).

What are SWARAJENG annual sales and net profit?

For TTM, SWARAJ ENGINES LTD (SWARAJENG) shows sales of ₹2,243 Cr and net profit of ₹213 Cr on the Fincrux profit & loss statement.

Who owns SWARAJ ENGINES LTD (SWARAJENG)?

Latest shareholding for SWARAJ ENGINES LTD (SWARAJENG) on Fincrux: Promoters 52.11% (Jun 2026), FIIs 2.43% (Jun 2026), DIIs 8.78% (Jun 2026), Public 36.69% (Jun 2026), No. of Shareholders 41,234% (Jun 2026).

Where can I find SWARAJ ENGINES LTD (SWARAJENG) financials?

SWARAJ ENGINES LTD (SWARAJENG) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show SWARAJENG balance sheet and cash flow?

Yes. The SWARAJ ENGINES LTD (SWARAJENG) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 11:59