Revenue GrowthSwaraj Engines' ~21% revenue growth reflects sustained demand for its engines and expanding sales volumes. This pace of top-line expansion supports longer-term scale benefits, reinforces OEM relationships, and provides a base to invest in capacity, R&D, and margin improvement over the next several quarters.

Profitability & MarginsConsistently healthy gross and net margins indicate durable cost controls and operational efficiency in manufacturing engines. Stable margins reduce earnings volatility through product cycles, enable reinvestment and dividend capacity, and signal competitive manufacturing economics versus peers in auto-parts.

Balance Sheet & Cash GenerationA conservative balance sheet with low leverage plus growing free cash flow enhances financial flexibility and resilience. This combination supports funding capex, working capital, and shareholder returns without heavy reliance on external financing, improving long-term risk-adjusted capacity to execute strategy.

Bears Say

Customer ConcentrationHigh reliance on Swaraj-brand tractor supplies and historical ties to the Mahindra ecosystem creates concentration risk. Loss or weakening of key OEM contracts would materially affect volumes and margins. Over time, limited client diversification constrains revenue resilience and bargaining leverage.

End-market CyclicalityExposure to agricultural equipment demand links revenue to seasonal and cyclical factors like farm incomes, commodity prices, and monsoon patterns. Structural cyclicality can produce multi-quarter swings in orders and utilization, pressuring margins and capital allocation decisions during downturns.

Capex Variability & Cash VolatilityVariable capex has driven swings in free cash flow, introducing funding and timing risk for investments. Recurrent capex variability can strain liquidity in weaker demand periods, necessitate external financing, or delay strategic projects, reducing predictability of free cash generation over a multi-quarter horizon.

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 ₹42.97B.

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 53 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.