Swaraj Engines Ltd.
•₹ 3,569.8-0.91%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 55.7%
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.4%
- Company has delivered good sales growth of 15.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 68.1%
CONS
- Stock is trading at 8.2x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | CUMMINSIND | 5203.50 | 60.93 | 144241.02 | 1.27 | 609.30 | 0.89 | 3426.01 | 19.84 | 38.64 | 20.61 |
| 2. | GREAVESCOT | 191.00 | 44.57 | 4449.37 | 1.05 | 6.16 | -70.46 | 974.12 | 30.68 | 8.77 | 5.78 |
| 3. | SWARAJENG | 3600.20 | 0.00 | 4374.19 | 3.06 | 55.53 | 11.13 | 588.39 | 21.54 | 58.13 | 13.05 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 400 | 389 | 280 | 351 | 418 | 464 | 346 | 454 | 484 | 504 | 473 | 546 | 588 | |
| 345 | 337 | 247 | 303 | 360 | 401 | 301 | 392 | 417 | 436 | 411 | 471 | 517 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 | 4 | 4 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 5 | 4 | 4 | 5 | 6 | 5 | 5 | 5 | 6 | 6 | 5 | 6 |
| 55 | 51 | 32 | 47 | 58 | 61 | 43 | 61 | 67 | 67 | 56 | 73 | 75 | |
| Tax % | 25.67% | 25.55% | 24.99% | 25.45% | 25.57% | 25.52% | 25.39% | 25.81% | 25.61% | 25.57% | 25.45% | 25.45% | 25.60% |
| Net Profit | 41 | 38 | 24 | 35 | 43 | 45 | 32 | 45 | 50 | 50 | 42 | 55 | 56 |
| 34 | 31 | 20 | 29 | 36 | 37 | 26 | 37 | 41 | 41 | 35 | 45 | 5 | |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 400
- 345
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 5
- 55
- Tax %
- 25.67%
- Net Profit
- 41
- 34
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 389
- 337
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 5
- 51
- Tax %
- 25.55%
- Net Profit
- 38
- 31
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 280
- 247
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 32
- Tax %
- 24.99%
- Net Profit
- 24
- 20
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 351
- 303
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 47
- Tax %
- 25.45%
- Net Profit
- 35
- 29
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 418
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 5
- 58
- Tax %
- 25.57%
- Net Profit
- 43
- 36
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 464
- 401
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 6
- 61
- Tax %
- 25.52%
- Net Profit
- 45
- 37
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 346
- 301
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 5
- 43
- Tax %
- 25.39%
- Net Profit
- 32
- 26
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 454
- 392
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 5
- 61
- Tax %
- 25.81%
- Net Profit
- 45
- 37
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 484
- 417
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 5
- 67
- Tax %
- 25.61%
- Net Profit
- 50
- 41
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 504
- 436
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 6
- 67
- Tax %
- 25.57%
- Net Profit
- 50
- 41
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 473
- 411
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 6
- 56
- Tax %
- 25.45%
- Net Profit
- 42
- 35
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 546
- 471
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 5
- 73
- Tax %
- 25.45%
- Net Profit
- 55
- 45
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 588
- 517
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 6
- 75
- Tax %
- 25.60%
- Net Profit
- 56
- 5
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 12
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 666 | 771 | 872 | 773 | 987 | 1,138 | 1,422 | 1,419 | 1,682 | 2,007 | 2,111 | |
| 562 | 650 | 740 | 673 | 851 | 983 | 1,236 | 1,232 | 1,455 | 1,736 | 1,835 | |
| Operating Profit | 122 | 141 | 147 | 113 | 144 | 165 | 198 | 203 | 244 | 290 | — |
| OPM % | 18 | 18 | 17 | 15 | 15 | 15 | 14 | 14 | 14 | 14 | — |
| Other Income | 18 | 19 | 15 | 13 | 9 | 10 | 13 | 15 | 17 | 19 | 16 |
| Interest | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 16 | 17 | 20 | 20 | 20 | 18 | 19 | 17 | 20 | 22 | 23 |
| 105 | 123 | 127 | 93 | 124 | 147 | 180 | 185 | 223 | 264 | 271 | |
| Tax % | 35 | 35 | 35 | 24 | 26 | 25 | 26 | 25 | 26 | 26 | 26 |
| Net Profit | 69 | 80 | 82 | 71 | 93 | 109 | 134 | 138 | 166 | 196 | 202 |
| EPS | 0 | 0 | 0 | 0 | 76 | 90 | 110 | 113 | 137 | 162 | — |
| Dividend Payout % | 78 | 76 | 74 | 68 | 91 | 89 | 84 | 84 | 76 | 68 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 55 | 66 | 68 | 59 | 76 | 90 | 110 | 113 | 137 | 162 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 55 | 66 | 68 | 59 | 76 | 90 | 110 | 113 | 137 | 162 | — |
Mar 2017
- 666
- 562
- Operating Profit
- 122
- OPM %
- 18
- Other Income
- 18
- Interest
- 0
- Depreciation
- 16
- 105
- Tax %
- 35
- Net Profit
- 69
- EPS
- 0
- Dividend Payout %
- 78
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 55
Mar 2018
- 771
- 650
- Operating Profit
- 141
- OPM %
- 18
- Other Income
- 19
- Interest
- 1
- Depreciation
- 17
- 123
- Tax %
- 35
- Net Profit
- 80
- EPS
- 0
- Dividend Payout %
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 66
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 66
Mar 2019
- 872
- 740
- Operating Profit
- 147
- OPM %
- 17
- Other Income
- 15
- Interest
- 0
- Depreciation
- 20
- 127
- Tax %
- 35
- Net Profit
- 82
- EPS
- 0
- Dividend Payout %
- 74
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 68
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 68
Mar 2020
- 773
- 673
- Operating Profit
- 113
- OPM %
- 15
- Other Income
- 13
- Interest
- 0
- Depreciation
- 20
- 93
- Tax %
- 24
- Net Profit
- 71
- EPS
- 0
- Dividend Payout %
- 68
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 59
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 59
Mar 2021
- 987
- 851
- Operating Profit
- 144
- OPM %
- 15
- Other Income
- 9
- Interest
- 0
- Depreciation
- 20
- 124
- Tax %
- 26
- Net Profit
- 93
- EPS
- 76
- Dividend Payout %
- 91
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
Mar 2022
- 1,138
- 983
- Operating Profit
- 165
- OPM %
- 15
- Other Income
- 10
- Interest
- 0
- Depreciation
- 18
- 147
- Tax %
- 25
- Net Profit
- 109
- EPS
- 90
- Dividend Payout %
- 89
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 90
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 90
Mar 2023
- 1,422
- 1,236
- Operating Profit
- 198
- OPM %
- 14
- Other Income
- 13
- Interest
- 0
- Depreciation
- 19
- 180
- Tax %
- 26
- Net Profit
- 134
- EPS
- 110
- Dividend Payout %
- 84
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 110
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 110
Mar 2024
- 1,419
- 1,232
- Operating Profit
- 203
- OPM %
- 14
- Other Income
- 15
- Interest
- 0
- Depreciation
- 17
- 185
- Tax %
- 25
- Net Profit
- 138
- EPS
- 113
- Dividend Payout %
- 84
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 113
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 113
Mar 2025
- 1,682
- 1,455
- Operating Profit
- 244
- OPM %
- 14
- Other Income
- 17
- Interest
- 0
- Depreciation
- 20
- 223
- Tax %
- 26
- Net Profit
- 166
- EPS
- 137
- Dividend Payout %
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 137
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 137
Mar 2026
- 2,007
- 1,736
- Operating Profit
- 290
- OPM %
- 14
- Other Income
- 19
- Interest
- 0
- Depreciation
- 22
- 264
- Tax %
- 26
- Net Profit
- 196
- EPS
- 162
- Dividend Payout %
- 68
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 162
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 162
TTM
- 2,111
- 1,835
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 0
- Depreciation
- 23
- 271
- Tax %
- 26
- Net Profit
- 202
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 15%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 14%
- 5 Years:
- 16%
- 3 Years:
- 14%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- 16%
- 3 Years:
- 21%
- 1 Year:
- -13%
RETURN ON EQUITY
- 10 Years:
- 36%
- 5 Years:
- 41%
- 3 Years:
- 41%
- Last Year:
- 43%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| 271 | 216 | 225 | 223 | 268 | 293 | 330 | 356 | 407 | 477 | |
| Trade Payables | 70 | 98 | 104 | 99 | 164 | 130 | 166 | 158 | 221 | 248 |
| 19 | 21 | 25 | 21 | 15 | 26 | 27 | 27 | 29 | 37 | |
| Total Liabilities | 372 | 347 | 366 | 355 | 458 | 461 | 535 | 554 | 669 | 774 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 92 | 92 | 108 | 103 | 92 | 95 | 87 | 75 | 110 | 107 | |
| Capital Work in Progress | 0 | 4 | 2 | 4 | 1 | 2 | 2 | 38 | 5 | 55 |
| 49 | 76 | 84 | 111 | 34 | 36 | 26 | 20 | 19 | 19 | |
| 26 | 32 | 47 | 37 | 62 | 62 | 70 | 71 | 78 | 75 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 | 177 | 206 | |
| Cash & Bank | 49 | 47 | 32 | 18 | 117 | 91 | 109 | 176 | 174 | 122 |
| 156 | 96 | 92 | 81 | 152 | 176 | 241 | 54 | 105 | 190 | |
| Total Assets | 372 | 347 | 366 | 355 | 458 | 461 | 535 | 554 | 669 | 774 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 197 | 129 | 129 | 133 | 188 | 178 | 202 | 241 | 234 | 295 |
| Contingent Liabilities | 10 | 7 | 7 | 2 | 1 | 4 | 4 | 4 | 3 | 3 |
| Book Value per Share | 227.90 | 187.99 | 195.71 | 193.88 | 230.65 | 251.55 | 281.64 | 303.29 | 344.79 | 402.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 197 | 129 | 129 | 133 | 188 | 178 | 202 | 241 | 234 | 295 |
| Contingent Liabilities | 10 | 7 | 7 | 2 | 1 | 4 | 4 | 4 | 3 | 3 |
| Book Value per Share | 227.90 | 187.99 | 195.71 | 193.88 | 230.65 | 251.55 | 281.64 | 303.29 | 344.79 | 402.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 12
- 271
- Trade Payables
- 70
- 19
- Total Liabilities
- 372
- 92
- Capital Work in Progress
- 0
- 49
- 26
- 0
- Cash & Bank
- 49
- 156
- Total Assets
- 372
- Total Debt
- 0
- Net Working Capital
- 197
- Contingent Liabilities
- 10
- Book Value per Share
- 227.90
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 197
- Contingent Liabilities
- 10
- Book Value per Share
- 227.90
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 12
- 216
- Trade Payables
- 98
- 21
- Total Liabilities
- 347
- 92
- Capital Work in Progress
- 4
- 76
- 32
- 0
- Cash & Bank
- 47
- 96
- Total Assets
- 347
- Total Debt
- 0
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 187.99
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 187.99
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 12
- 225
- Trade Payables
- 104
- 25
- Total Liabilities
- 366
- 108
- Capital Work in Progress
- 2
- 84
- 47
- 0
- Cash & Bank
- 32
- 92
- Total Assets
- 366
- Total Debt
- 0
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 195.71
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 195.71
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 12
- 223
- Trade Payables
- 99
- 21
- Total Liabilities
- 355
- 103
- Capital Work in Progress
- 4
- 111
- 37
- 0
- Cash & Bank
- 18
- 81
- Total Assets
- 355
- Total Debt
- 0
- Net Working Capital
- 133
- Contingent Liabilities
- 2
- Book Value per Share
- 193.88
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 133
- Contingent Liabilities
- 2
- Book Value per Share
- 193.88
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 12
- 268
- Trade Payables
- 164
- 15
- Total Liabilities
- 458
- 92
- Capital Work in Progress
- 1
- 34
- 62
- 0
- Cash & Bank
- 117
- 152
- Total Assets
- 458
- Total Debt
- 0
- Net Working Capital
- 188
- Contingent Liabilities
- 1
- Book Value per Share
- 230.65
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 188
- Contingent Liabilities
- 1
- Book Value per Share
- 230.65
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 12
- 293
- Trade Payables
- 130
- 26
- Total Liabilities
- 461
- 95
- Capital Work in Progress
- 2
- 36
- 62
- 0
- Cash & Bank
- 91
- 176
- Total Assets
- 461
- Total Debt
- 0
- Net Working Capital
- 178
- Contingent Liabilities
- 4
- Book Value per Share
- 251.55
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 178
- Contingent Liabilities
- 4
- Book Value per Share
- 251.55
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 12
- 330
- Trade Payables
- 166
- 27
- Total Liabilities
- 535
- 87
- Capital Work in Progress
- 2
- 26
- 70
- 0
- Cash & Bank
- 109
- 241
- Total Assets
- 535
- Total Debt
- 0
- Net Working Capital
- 202
- Contingent Liabilities
- 4
- Book Value per Share
- 281.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 202
- Contingent Liabilities
- 4
- Book Value per Share
- 281.64
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 12
- 356
- Trade Payables
- 158
- 27
- Total Liabilities
- 554
- 75
- Capital Work in Progress
- 38
- 20
- 71
- 120
- Cash & Bank
- 176
- 54
- Total Assets
- 554
- Total Debt
- 0
- Net Working Capital
- 241
- Contingent Liabilities
- 4
- Book Value per Share
- 303.29
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 241
- Contingent Liabilities
- 4
- Book Value per Share
- 303.29
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 12
- 407
- Trade Payables
- 221
- 29
- Total Liabilities
- 669
- 110
- Capital Work in Progress
- 5
- 19
- 78
- 177
- Cash & Bank
- 174
- 105
- Total Assets
- 669
- Total Debt
- 0
- Net Working Capital
- 234
- Contingent Liabilities
- 3
- Book Value per Share
- 344.79
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 234
- Contingent Liabilities
- 3
- Book Value per Share
- 344.79
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 12
- 477
- Trade Payables
- 248
- 37
- Total Liabilities
- 774
- 107
- Capital Work in Progress
- 55
- 19
- 75
- 206
- Cash & Bank
- 122
- 190
- Total Assets
- 774
- Total Debt
- 0
- Net Working Capital
- 295
- Contingent Liabilities
- 3
- Book Value per Share
- 402.23
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 295
- Contingent Liabilities
- 3
- Book Value per Share
- 402.23
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 82 | 89 | 69 | 100 | 28 | 100 | 133 | 142 | 177 | 117 | |
| Cash from Investing | -32 | 47 | 4 | -27 | 56 | -48 | -38 | -30 | -58 | 22 |
| Cash from Financing | -49 | -136 | -73 | -73 | -49 | -84 | -97 | -112 | -116 | -128 |
| 1 | 1 | -0 | -0 | 36 | -32 | -2 | 1 | 2 | 11 | |
| Free Cash Flow | 79 | 75 | 40 | 84 | 23 | 92 | 133 | 131 | 161 | 57 |
| OCF / Net Profit | 1.20 | 1.12 | 0.83 | 1.40 | 0.30 | 0.92 | 0.99 | 1.03 | 1.06 | 0.59 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 301 | 314 | 371 | 463 | 540 | 574 |
| OCF / Net Profit | 1.20 | 1.12 | 0.83 | 1.40 | 0.30 | 0.92 | 0.99 | 1.03 | 1.06 | 0.59 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 301 | 314 | 371 | 463 | 540 | 574 |
Mar 2017
- 82
- Cash from Investing
- -32
- Cash from Financing
- -49
- 1
- Free Cash Flow
- 79
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 0
Mar 2018
- 89
- Cash from Investing
- 47
- Cash from Financing
- -136
- 1
- Free Cash Flow
- 75
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.12
- Cumulative 5-Year FCF
- 0
Mar 2019
- 69
- Cash from Investing
- 4
- Cash from Financing
- -73
- -0
- Free Cash Flow
- 40
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
Mar 2020
- 100
- Cash from Investing
- -27
- Cash from Financing
- -73
- -0
- Free Cash Flow
- 84
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 0
Mar 2021
- 28
- Cash from Investing
- 56
- Cash from Financing
- -49
- 36
- Free Cash Flow
- 23
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 301
- OCF / Net Profit
- 0.30
- Cumulative 5-Year FCF
- 301
Mar 2022
- 100
- Cash from Investing
- -48
- Cash from Financing
- -84
- -32
- Free Cash Flow
- 92
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 314
- OCF / Net Profit
- 0.92
- Cumulative 5-Year FCF
- 314
Mar 2023
- 133
- Cash from Investing
- -38
- Cash from Financing
- -97
- -2
- Free Cash Flow
- 133
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 371
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 371
Mar 2024
- 142
- Cash from Investing
- -30
- Cash from Financing
- -112
- 1
- Free Cash Flow
- 131
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 463
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 463
Mar 2025
- 177
- Cash from Investing
- -58
- Cash from Financing
- -116
- 2
- Free Cash Flow
- 161
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 540
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 540
Mar 2026
- 117
- Cash from Investing
- 22
- Cash from Financing
- -128
- 11
- Free Cash Flow
- 57
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 574
- OCF / Net Profit
- 0.59
- Cumulative 5-Year FCF
- 574
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 55.42 | 66.05 | 67.95 | 58.56 | 76.24 | 90.15 | 110.01 | 113.50 | 136.64 | 161.57 |
| Book Value (₹) | 227.90 | 187.99 | 195.71 | 193.88 | 230.65 | 251.55 | 281.64 | 303.29 | 344.79 | 402.23 |
| Dividend per Share (₹) | 43.00 | 50.00 | 50.00 | 40.00 | 69.00 | 80.00 | 92.00 | 95.00 | 104.50 | 110.00 |
| Cash EPS (₹) | 68.53 | 79.92 | 84.06 | 75.15 | 92.53 | 105.05 | 125.27 | 127.74 | 153.39 | 180.05 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.25% | 17.67% | 16.87% | 14.64% | 14.62% | 14.50% | 13.95% | 13.19% | 13.46% | 13.51% |
| Net Margin % | 9.19% | 10.07% | 9.45% | 9.19% | 9.38% | 9.62% | 9.40% | 9.71% | 9.87% | 9.78% |
| ROE % | 25.20% | 31.35% | 35.42% | 30.06% | 35.93% | 37.40% | 41.27% | 38.81% | 42.17% | 43.26% |
| ROCE % | 38.58% | 48.34% | 54.66% | 39.29% | 48.21% | 50.13% | 55.51% | 52.12% | 56.71% | 58.13% |
| 19.42% | 22.26% | 23.09% | 19.70% | 22.75% | 23.80% | 26.82% | 25.32% | 27.14% | 27.21% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 5 | 7 | 7 | 5 | 22 | 35 | 30 | 32 | 32 | 35 |
| Inventory Days | 13 | 13 | 17 | 20 | 18 | 20 | 17 | 18 | 16 | 14 |
| Payable Days | 46 | 54 | 56 | 63 | 63 | 60 | 48 | 53 | 52 | 55 |
| -28 | -34 | -33 | -37 | -23 | -6 | -1 | -3 | -4 | -6 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 6849.13x | 122.38x | 1402.52x | 6555.40x | 0.00x | 1923.29x | 2366.06x | 749.55x | 676.69x | 670.47x |
| 3.47x | 2.18x | 2.10x | 2.20x | 2.10x | 2.19x | 2.09x | 2.34x | 1.96x | 2.06x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 26.67% | 15.76% | 13.04% | -11.29% | 27.58% | 15.36% | 24.92% | -0.18% | 18.51% | 19.34% |
| Operating Profit Growth % | 35.20% | 15.43% | 4.61% | -22.99% | 27.41% | 14.41% | 20.19% | 2.10% | 20.34% | 18.92% |
| Net Profit Growth % | 34.15% | 16.36% | 2.90% | -13.81% | 30.27% | 18.29% | 22.05% | 3.18% | 20.39% | 18.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.17% | 20.39% | 18.25% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.19x | 28.48x | 20.46x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.55x | 11.29x | 8.22x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.15% | 2.68% | 3.33% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.87x | 18.68x | 13.44x |
Mar 2017
- EPS (₹)
- 55.42
- Book Value (₹)
- 227.90
- Dividend per Share (₹)
- 43.00
- Cash EPS (₹)
- 68.53
- Operating Margin %
- 16.25%
- Net Margin %
- 9.19%
- ROE %
- 25.20%
- ROCE %
- 38.58%
- 19.42%
- Debtor Days
- 5
- Inventory Days
- 13
- Payable Days
- 46
- -28
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 6849.13x
- 3.47x
- Revenue Growth %
- 26.67%
- Operating Profit Growth %
- 35.20%
- Net Profit Growth %
- 34.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 66.05
- Book Value (₹)
- 187.99
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 79.92
- Operating Margin %
- 17.67%
- Net Margin %
- 10.07%
- ROE %
- 31.35%
- ROCE %
- 48.34%
- 22.26%
- Debtor Days
- 7
- Inventory Days
- 13
- Payable Days
- 54
- -34
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 122.38x
- 2.18x
- Revenue Growth %
- 15.76%
- Operating Profit Growth %
- 15.43%
- Net Profit Growth %
- 16.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 67.95
- Book Value (₹)
- 195.71
- Dividend per Share (₹)
- 50.00
- Cash EPS (₹)
- 84.06
- Operating Margin %
- 16.87%
- Net Margin %
- 9.45%
- ROE %
- 35.42%
- ROCE %
- 54.66%
- 23.09%
- Debtor Days
- 7
- Inventory Days
- 17
- Payable Days
- 56
- -33
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1402.52x
- 2.10x
- Revenue Growth %
- 13.04%
- Operating Profit Growth %
- 4.61%
- Net Profit Growth %
- 2.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 58.56
- Book Value (₹)
- 193.88
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 75.15
- Operating Margin %
- 14.64%
- Net Margin %
- 9.19%
- ROE %
- 30.06%
- ROCE %
- 39.29%
- 19.70%
- Debtor Days
- 5
- Inventory Days
- 20
- Payable Days
- 63
- -37
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 6555.40x
- 2.20x
- Revenue Growth %
- -11.29%
- Operating Profit Growth %
- -22.99%
- Net Profit Growth %
- -13.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 76.24
- Book Value (₹)
- 230.65
- Dividend per Share (₹)
- 69.00
- Cash EPS (₹)
- 92.53
- Operating Margin %
- 14.62%
- Net Margin %
- 9.38%
- ROE %
- 35.93%
- ROCE %
- 48.21%
- 22.75%
- Debtor Days
- 22
- Inventory Days
- 18
- Payable Days
- 63
- -23
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 2.10x
- Revenue Growth %
- 27.58%
- Operating Profit Growth %
- 27.41%
- Net Profit Growth %
- 30.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 90.15
- Book Value (₹)
- 251.55
- Dividend per Share (₹)
- 80.00
- Cash EPS (₹)
- 105.05
- Operating Margin %
- 14.50%
- Net Margin %
- 9.62%
- ROE %
- 37.40%
- ROCE %
- 50.13%
- 23.80%
- Debtor Days
- 35
- Inventory Days
- 20
- Payable Days
- 60
- -6
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1923.29x
- 2.19x
- Revenue Growth %
- 15.36%
- Operating Profit Growth %
- 14.41%
- Net Profit Growth %
- 18.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 110.01
- Book Value (₹)
- 281.64
- Dividend per Share (₹)
- 92.00
- Cash EPS (₹)
- 125.27
- Operating Margin %
- 13.95%
- Net Margin %
- 9.40%
- ROE %
- 41.27%
- ROCE %
- 55.51%
- 26.82%
- Debtor Days
- 30
- Inventory Days
- 17
- Payable Days
- 48
- -1
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2366.06x
- 2.09x
- Revenue Growth %
- 24.92%
- Operating Profit Growth %
- 20.19%
- Net Profit Growth %
- 22.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 113.50
- Book Value (₹)
- 303.29
- Dividend per Share (₹)
- 95.00
- Cash EPS (₹)
- 127.74
- Operating Margin %
- 13.19%
- Net Margin %
- 9.71%
- ROE %
- 38.81%
- ROCE %
- 52.12%
- 25.32%
- Debtor Days
- 32
- Inventory Days
- 18
- Payable Days
- 53
- -3
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 749.55x
- 2.34x
- Revenue Growth %
- -0.18%
- Operating Profit Growth %
- 2.10%
- Net Profit Growth %
- 3.18%
- 3.17%
- P/E (x)
- 20.19x
- P/B (x)
- 7.55x
- Dividend Yield %
- 4.15%
- 12.87x
Mar 2025
- EPS (₹)
- 136.64
- Book Value (₹)
- 344.79
- Dividend per Share (₹)
- 104.50
- Cash EPS (₹)
- 153.39
- Operating Margin %
- 13.46%
- Net Margin %
- 9.87%
- ROE %
- 42.17%
- ROCE %
- 56.71%
- 27.14%
- Debtor Days
- 32
- Inventory Days
- 16
- Payable Days
- 52
- -4
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 676.69x
- 1.96x
- Revenue Growth %
- 18.51%
- Operating Profit Growth %
- 20.34%
- Net Profit Growth %
- 20.39%
- 20.39%
- P/E (x)
- 28.48x
- P/B (x)
- 11.29x
- Dividend Yield %
- 2.68%
- 18.68x
Mar 2026
- EPS (₹)
- 161.57
- Book Value (₹)
- 402.23
- Dividend per Share (₹)
- 110.00
- Cash EPS (₹)
- 180.05
- Operating Margin %
- 13.51%
- Net Margin %
- 9.78%
- ROE %
- 43.26%
- ROCE %
- 58.13%
- 27.21%
- Debtor Days
- 35
- Inventory Days
- 14
- Payable Days
- 55
- -6
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 670.47x
- 2.06x
- Revenue Growth %
- 19.34%
- Operating Profit Growth %
- 18.92%
- Net Profit Growth %
- 18.27%
- 18.25%
- P/E (x)
- 20.46x
- P/B (x)
- 8.22x
- Dividend Yield %
- 3.33%
- 13.44x
Documents
Announcements
- Shareholders meeting
2026-07-21 - In compliance with Regulation 44 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), please find enclosed herewith Voting Results (remote e-voting and e-voting at the 40th Annual General Meeting) of the business transacted at the 40th Annual General Meeting of the Company held on Monday, 20th July 2026 at 12:30 P.M. (IST) through video conferencing/other audio visual means facility in the prescribed format as required under Regulation 44(3) of the Listing Regulations together with the Scrutinizer s Consolidated Report.All the five (5) resolutions proposed in the Notice convening the 40th Annual General Meeting of the Company were approved and passed by the Members of the Company with requisite majority.The voting results along with the Scrutinizer s Consolidated Report dated 21st July, 2026 is available on the website of the Company https://www.swarajenterprise.com and also on the website of National Securities Depository Limited i.e. https://www.evoting.nsdl.com.This is for your information and records.
- Copy of Newspaper Publication
2026-07-21 - Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of the Audited Financial Results, published on 14th April, 2026 in the following newspapers: S.No. Name of Newspaper Editions1 Financial Express (English) All Edition2 Ajit (Punjabi) JalandharThis intimation is also being uploaded on the Company s website at https://www.swarajenterprise.com. You are requested to take note of the same.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.