Swaraj Engines Ltd (SWARAJENG) AI Stock Analysis

• Market Cap: ₹49.72B
• Dividend Yield: 2.55%
• Average Volume (3M): 2.09K
• Price to Earnings (P/E): 28.8
• Beta (1Y): 1.61
• Revenue Growth: 21.61%
• EPS Growth: 23.27%
• Country: IN
• Employees: 297
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 41.20
• Shares Outstanding: 12,147,466
• 10 Day Avg. Volume: 2,220
• 30 Day Avg. Volume: 2,092
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹4,441.00
• Price Target Upside: 8.50% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹4,441.00 ▲(8.50% Upside)

Swaraj Engines Ltd's overall stock score is driven primarily by its strong financial performance, which is a significant strength. However, technical analysis presents mixed signals with short-term bearish trends, and valuation concerns due to a high P/E ratio weigh on the score. The absence of earnings call and corporate events data means these factors do not influence the score.

Swaraj Engines Ltd Business Overview & Revenue Model

Company Description

Swaraj Engines Ltd (SWARAJENG) is an Indian company primarily engaged in the manufacturing and supply of diesel engines and related components. It operates in the automotive sector, focusing on producing engines that are predominantly used for agricultural tractors. The company is known for its robust and reliable engine designs, catering to the needs of the agricultural industry, and is a key player in the market for tractor engines in India.

How the Company Makes Money

Swaraj Engines Ltd generates revenue through the design, manufacturing, and sale of diesel engines, which are mainly used in agricultural tractors. The company's key revenue stream comes from supplying engines to its primary customer, Mahindra & Mahindra, a major tractor manufacturer in India. Swaraj Engines Ltd benefits from long-term supply agreements and strategic partnerships, ensuring a steady demand for its products. Additionally, the company may earn revenue from the sale of spare parts and servicing solutions related to its engines, further contributing to its earnings.

Swaraj Engines Ltd Financial Statement Overview

Summary

Swaraj Engines Ltd exhibits a strong financial performance across all verticals. The income statement reflects robust growth and profitability, the balance sheet indicates financial stability and prudent leverage management, and cash flow statements demonstrate efficient cash generation and utilization.

Income Statement

Swaraj Engines Ltd has demonstrated a strong revenue growth trajectory with significant increases in total revenue over the years. The gross profit margin and net profit margin have been consistently healthy, indicating efficient cost management and profitability. The EBIT and EBITDA margins further underscore the company's operational efficiency, reflecting robust performance in the Auto - Parts industry.

Balance Sheet

The balance sheet of Swaraj Engines Ltd reflects a solid financial position with a low debt-to-equity ratio, suggesting a conservative approach to leverage. The company's equity ratio indicates strong capitalization, and the return on equity showcases effective utilization of shareholders' funds to generate profits. Overall, the balance sheet reflects financial stability and low risk.

Cash Flow

Cash flow analysis reveals consistent growth in free cash flow, indicating strong cash generation ability. The operating cash flow to net income ratio is robust, affirming efficient conversion of profits into cash. The free cash flow to net income ratio further highlights financial flexibility, although capital expenditures have varied, impacting cash flow volatility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.82B	16.82B	14.19B	14.22B	11.33B	9.83B
Gross Profit	3.20B	3.55B	2.23B	2.88B	2.29B	2.05B
EBITDA	2.39B	2.27B	2.02B	1.98B	1.65B	1.44B
Net Income	1.66B	1.66B	1.38B	1.34B	1.09B	925.45M
Balance Sheet
Total Assets	6.72B	6.72B	5.57B	5.36B	4.61B	4.58B
Cash, Cash Equivalents and Short-Term Investments	1.93B	1.93B	1.54B	1.24B	1.22B	1.34B
Total Debt	19.90M	19.90M	12.19M	12.26M	0.00	0.00
Total Liabilities	2.53B	2.53B	1.88B	1.94B	1.56B	1.78B
Stockholders Equity	4.19B	4.19B	3.69B	3.42B	3.06B	2.81B
Cash Flow
Free Cash Flow	0.00	1.52B	945.85M	1.20B	811.86M	223.85M
Operating Cash Flow	0.00	1.77B	1.42B	1.33B	1.03B	280.01M
Investing Cash Flow	0.00	-581.40M	-295.64M	-376.30M	-514.35M	562.67M
Financing Cash Flow	0.00	-1.16B	-1.12B	-973.40M	-840.04M	-487.22M

Swaraj Engines Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4093.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SWARAJENG, the sentiment is Negative. The current price of 4093.2 is below the 20-day moving average (MA) of 4290.23, below the 50-day MA of 4190.11, and above the 200-day MA of 3665.17, indicating a neutral trend. The MACD of 32.56 indicates Positive momentum. The RSI at 41.56 is Neutral, neither overbought nor oversold. The STOCH value of 6.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SWARAJENG.

Swaraj Engines Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JAMNAAUTO	73 Outperform	₹41.19B	22.92	18.16%	2.03%	-5.08%	-12.86%
JASH	71 Outperform	₹31.63B	38.45	20.25%	0.40%	32.20%	11.82%
SWARAJENG	67 Neutral	₹49.72B	28.78	―	2.55%	21.61%	23.27%
GREAVESCOT	66 Neutral	₹50.43B	62.07	4.15%	0.92%	11.83%	―
JTEKTINDIA	62 Neutral	₹46.37B	61.03	8.55%	0.42%	3.94%	-30.18%
KIRLOSIND	62 Neutral	₹41.56B	24.92	2.37%	0.33%	5.19%	-36.50%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%