Swaraj Engines logo

Swaraj Engines share price

NSE: SWARAJENGBSE: 500407Industrial ProductsSmall Cap

Last close ₹3,405.40up ₹2.20 (0.06%)BSE ₹3,399.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹3,403.20.

52-week range of traded prices to 23 Oct 2026
₹3,285.10Low, 23 Oct 2026₹4,394.00High, 15 Apr 2026
Market cap
₹4,138 Cr818th largest listed
P/E
19.4
P/B
8.8
Dividend yield
3.23%
ROE
49.3%
ROCE
58.7%
Debt to equity
0.00
Volume, NSE
20,44848.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−16.1%over a year · Nifty 500 −9.8%

Results20-session average 95,121 shares a day, 49.1% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 12 Oct

Revenue
₹635 Crup 7.95%
Net profit
₹61 Crup 9.08%
Net margin
9.5%

Revenue by year

Peak revenue ₹2,007 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 17 JanMar 2025Filed 10 JunJun 2025Filed 15 JulSep 2025Filed 16 OctDec 2025Filed 15 JanMar 2026Filed 13 AprJun 2026Filed 20 JulSep 2026Filed 12 Oct
Revenue346454484504473546588635
Net profit3245505042555661
Net margin9.2%10.0%10.3%9.9%8.9%10.0%9.4%9.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Diesel Engine and its components, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 31% of 2,480 trading days over the last 10 years.

LowestHighest
Its median21.8Industry median37.6
Price to book

At or below today's level on 64% of 1,977 trading days since Nov 2018.

LowestHighest
Its median7.7Industry median4.8
EV to EBITDA13.6

At or below today's level on 49% of 1,918 trading days since Jan 2019.

LowestHighest
Its median13.7Industry median22.2
Dividend yield

At or below today's level on 51% of 2,467 trading days over the last 10 years.

LowestHighest
Its median3.19%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−11.8%+18.3%−28.3%3.3%
3 years+32.4%+13.7%+13.5%3.4%
5 years+24.8%+16.2%+3.5%4.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters52.11%
  • Foreign institutions2.26%
  • Indian institutions8.76%
  • Individuals and others36.88%
Holder
MAHINDRA & MAHINDRA LIMITEDPromoter52.11%
VIKRAM CHINUBHAI SHAHResident individuals, over ₹2 lakh at face value1.48%
KEYUR H PARIKHResident individuals, over ₹2 lakh at face value1.26%
REETA KEYUR PARIKHResident individuals, over ₹2 lakh at face value1.03%
VIKRAM ADVISORY SERVICES PRIVATE LIMITEDCompanies1.01%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

6 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Held unchanged
6
Fund
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund7,31,7461.21%₹259.5 Cr
PPFAS Mutual Fund logoParag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund71,1571.00%₹25.2 Cr
PPFAS Mutual Fund logoParag Parikh Conservative Hybrid FundPPFAS Mutual Fund62,2120.64%₹22.1 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund47,2930.01%₹16.8 Cr
PPFAS Mutual Fund logoParag Parikh ELSS Tax Saver FundPPFAS Mutual Fund31,7090.21%₹11.2 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund170.01%₹60,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Compressors Pumps & Diesel Engines, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Swaraj Engines in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Ksb logoKsbKSB11,86548.37.033.7+4.6%−4.4%15.2%16.9%0.65%
Kirloskar Pneumatic Company logoKirloskar Pneumatic CompanyKIRLPNU7,59928.96.120.3––22.4%26.6%1.03%
Shakti Pumps (India) logoShakti Pumps (India)SHAKTIPUMP4,77122.52.812.7+14.1%−48.5%14.8%15.1%0.26%
Greaves Cotton logoGreaves CottonGREAVESCOT4,27542.83.016.9+21.2%+23.0%7.0%7.0%1.09%
Oswal Pumps logoOswal PumpsOSWALPUMPS2,5017.51.55.2––31.3%22.3%0.00%
Yuken India logoYuken IndiaYUKEN1,50296.14.029.8+8.9%−33.2%4.6%6.5%0.14%
Roto Pumps logoRoto PumpsROTO1,064–4.419.9−3.9%––14.2%0.34%
Veljan Denison logoVeljan DenisonVELJAN1,02039.04.124.0+2.2%+0.8%11.0%13.3%0.37%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹110.00 a share, year to Mar 2026.
Ex-dateTypePer share
3 Jul 2026Final₹110.00
27 Jun 2025Final₹104.50
28 Jun 2024Final₹95.00
7 Jul 2023Final₹92.00
30 Jun 2022Final₹80.00
1 Jul 2021Final₹50.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Swaraj Engines share price by year

Each calendar year to 2025.Swaraj Engines share price history

YearClose at year endChangeHighest closeLowest close
20253,577.50+21.2%4,607.902,598.95
20242,952.60+21.9%3,409.002,166.50
20232,422.80+55.9%2,508.651,519.50
20221,554.40−3.9%1,825.301,298.70
20211,618.20+13.2%1,952.251,269.25
20201,429.85+27.7%1,681.70831.10
20191,119.70−25.8%1,601.651,022.50
20181,509.10−26.6%2,192.251,319.45
20172,054.70+57.8%2,381.851,328.00
20161,302.35+34.3%1,401.30785.15
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20263,403.203,419.003,285.103,405.403,352.1320,44848.8%
22 Oct 20263,498.003,498.003,389.103,403.203,422.4015,85554.8%
21 Oct 20263,579.903,579.903,452.603,496.803,507.5712,13642.2%
19 Oct 20263,522.003,593.103,522.003,545.003,551.9615,27634.8%
16 Oct 20263,520.803,561.803,490.803,514.403,514.1112,34041.3%
15 Oct 20263,635.903,653.703,500.103,520.703,562.8723,80939.4%
14 Oct 20263,700.003,710.003,615.003,635.903,662.6026,29621.4%
13 Oct 20263,719.003,860.003,615.603,672.003,742.252,74,1929.5%
12 Oct 20263,486.703,949.503,457.503,738.403,815.9314,09,4945.0%
9 Oct 20263,510.003,510.003,416.503,439.103,439.977,92762.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Swaraj Engines Limited
NSE symbol
SWARAJENG
BSE code
500407
ISIN
INE277A01016
Industry
Industrial Products
Listed
Sep 1989 on BSE, Dec 1995 on NSE
Face value
₹10
CIN
L50210PB1985PLC006473
Corporate identity number, the registrar of companies' code for it