How has Swaraj Engines Ltd. (SWARAJENG) been performing? We dig into revenue, profitability, valuation, and ownership trends.
Swaraj Engines Revenue Trend
A 18.5% jump in revenue took Swaraj Engines Ltd.'s top line to ₹1,698 Cr in FY2025.
Swaraj Engines Ltd. has compounded revenue at 12.1% over 10 years — good, consistent top-line expansion from ₹540 Cr to ₹1,698 Cr.
With a top line of ₹1,698 Cr, Swaraj Engines Ltd. operates at a mid-sized scale within the diesel engines sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹1,698 Cr | +18.5% |
| FY2024 | ₹1,434 Cr | -0.0% |
| FY2023 | ₹1,434 Cr | +24.9% |
| FY2022 | ₹1,148 Cr | +15.3% |
| FY2021 | ₹995 Cr | — |
View Swaraj Engines Ltd.'s full 10-year revenue trend with CAGR analysis →
Swaraj Engines Profitability
Profitability strengthened with net income of ₹166 Cr in FY2025, 20.4% higher than FY2024.
On the margin front, things were flat — net profit margin stayed around 9.8% in FY2025.
FY2025 diluted EPS of ₹136.61 was up from the ₹113.48 reported in FY2024.
Is Swaraj Engines Undervalued
Based on the P/E Ratio model, Swaraj Engines Ltd.'s fair value works out to ₹3,000 — 20.6% downside from where it trades today.
Swaraj Engines Ltd. shares are currently trading at ₹3,778.30.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹3,000 | 20.6% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Swaraj Engines Ltd. with detailed assumptions →
Swaraj Engines Shareholding Pattern
Promoters continue to hold 52.1% of the company, unchanged over recent quarters.
FII ownership stands at 2.8%, down from the 3.7% recorded a year ago.
DII holding is at 9.1%, down from 9.3% in the year-ago quarter.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 52.1% | 2.8% | 9.1% | 36.0% |
| Dec 2025 | 52.1% | 3.1% | 9.7% | 35.0% |
| Sep 2025 | 52.1% | 3.9% | 9.7% | 34.3% |
| Jun 2025 | 52.1% | 3.7% | 9.3% | 34.8% |
Track quarterly shareholding changes for Swaraj Engines Ltd. →
Swaraj Engines Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹6.72B, up 20.7% YoY from ₹5.57B.
Other Assets accounts for 31.1% of the total, ahead of Receivables (26.4%) and Property, Plant & Equipment (17.1%).
Capital structure: 62.4% equity, 0.3% debt, 37.3% operating liabilities. Over the year, debt is up 62.8% and equity is up 13.7%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 257.50M |
| Receivables | 1.77B |
| Inventories | 783.51M |
| Property, Plant & Equipment | 1.15B |
| Investments | 665.20M |
| Intangibles & Goodwill | 408,000 |
| Other Assets | 2.09B |
| Category | Value |
|---|---|
| Equity | 4.19B |
| Short-term Debt | 5.85M |
| Long-term Debt | 14.00M |
| Trade Payables | 2.21B |
| Other Liabilities | 300.84M |
Swaraj Engines Investment Snapshot
Pulling it all together, here's what the numbers say about Swaraj Engines Ltd. (SWARAJENG) heading into the next fiscal year.
Revenue of ₹1,698 Cr in FY2025, up 18.5% year-over-year.
Long-term revenue has been compounding at 12.1% annually over 10 years.
The company is profitable, with a net margin of 9.8% and net income of ₹166 Cr.
The P/E Ratio model implies 20.6% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Swaraj Engines Ltd. goes deeper: three valuation models, growth metrics, and 10 years of financial data.