Robust Revenue GrowthSwaraj Engines' ~21% revenue growth reflects durable demand for its diesel powertrains and successful volume expansion with OEM customers. Sustained top-line growth over multiple periods supports reinvestment, capacity utilization gains and long-term margin maintenance as scale dilutes fixed costs.

Healthy Profit MarginsConsistently healthy gross and net margins indicate effective cost control and pricing power in the core engine business. Margin resilience supports operating cash generation and buffers cyclical revenue swings, enabling the firm to fund R&D, service parts and maintain sustainable profitability over time.

Strong Cash Generation & CapitalizationReliable free cash flow growth combined with a conservatively leveraged balance sheet provides financial flexibility for capex, working capital and shareholder returns. Low leverage reduces refinancing risk and strengthens the company's ability to support OEM programs through investment cycles.

Bears Say

Customer ConcentrationHeavy dependence on Swaraj-brand tractor demand and legacy ties to the Mahindra ecosystem concentrates revenue risk. Disruption or loss of a major OEM contract would materially affect volumes and pricing leverage, making long-term organic growth and diversification more challenging.

OEM Demand CyclicalityRevenue is closely linked to tractor OEM production cycles and farm equipment spending, exposing the company to agricultural cycles and macro sensitivity. Prolonged downturns in equipment demand can compress utilization, margins and cash conversion for several quarters.

Capex Variability And Cash VolatilityVariable capex requirements have produced swings in free cash flow despite strong operating cash conversion. Irregular investment timing can strain short-term liquidity, complicate capital allocation and impede steady shareholder returns or buffer against demand shocks over the medium term.

Swaraj Engines Ltd News

Swaraj Engines Allots 2,399 Shares Under ESOP 2015

Swaraj Engines Ltd ( ($IN:SWARAJENG) ) just unveiled an update. Swaraj Engines Limited has allotted 2,399 equity shares...

2M ago

SWARAJENG FAQ

What was Swaraj Engines Ltd’s price range in the past 12 months?

Swaraj Engines Ltd lowest stock price was ₹2546.85 and its highest was ₹4725.95 in the past 12 months.

What is Swaraj Engines Ltd’s market cap?

Swaraj Engines Ltd’s market cap is ₹44.41B.

When is Swaraj Engines Ltd’s upcoming earnings report date?

Swaraj Engines Ltd’s upcoming earnings report date is Apr 22, 2026 which is in 58 days.

How were Swaraj Engines Ltd’s earnings last quarter?

Swaraj Engines Ltd released its earnings results on Jan 15, 2026. The company reported ₹34.7 earnings per share for the quarter, beating the consensus estimate of N/A by ₹34.7.

Is Swaraj Engines Ltd overvalued?

According to Wall Street analysts Swaraj Engines Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Swaraj Engines Ltd pay dividends?

Swaraj Engines Ltd pays a Annually dividend of ₹104.5 which represents an annual dividend yield of 2.9%. See more information on Swaraj Engines Ltd dividends here

What is Swaraj Engines Ltd’s EPS estimate?

Swaraj Engines Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Swaraj Engines Ltd have?

Swaraj Engines Ltd has 12,149,865 shares outstanding.

What happened to Swaraj Engines Ltd’s price movement after its last earnings report?

Swaraj Engines Ltd reported an EPS of ₹34.7 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Swaraj Engines Ltd?

Currently, no hedge funds are holding shares in IN:SWARAJENG

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Swaraj Engines Ltd

Swaraj Engines Limited manufactures and sells diesel engines, diesel engine components, and spare parts for tractors in India. The company was incorporated in 1985 and is based in Mohali, India.