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Swaraj Engines Ltd (SWARAJENG)

₹29850.7%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 2 analysts

BUY

50.00%

Buy

50.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Swaraj Engines Ltd. An average target of ₹2469

Source: S&P Global Market Intelligence

Swaraj Engines Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • ₹2,985
    ₹2,985
  • 52 Week's Low

    52 Week's High

    ₹1,918.3
    ₹3,157.4
1 Month Return+ 3.98 %
3 Month Return+ 23.43 %
1 Year Return+ 45.58 %
Previous Close₹3,005.90
Open₹2,985.00
Volume1.60L
Upper Circuit-
Lower Circuit-
Market Cap₹3,651.34Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹3,651.34 Cr
P/B Ratio7.55
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth1.53%
Parag Parikh Dynamic Asset Allocation Fund Direct GrowthParag Parikh Dynamic Asset Allocation Fund Direct Growth2.76%
Parag Parikh Conservative Hybrid Fund Direct GrowthParag Parikh Conservative Hybrid Fund Direct Growth0.88%
Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth0.02%
Parag Parikh ELSS Tax Saver Fund Direct GrowthParag Parikh ELSS Tax Saver Fund Direct Growth0.25%

Company Information

Swaraj Engines Ltd (SEL) is a Joint Venture between Punjab Tractors Ltd and Kirloskar Engines that produces diesel engines from 15 HorsePower (HP) to 80HP, primarily for fitting into Swaraj tractors manufactured by Mahindra and Mahindra Ltd. Since the company's inception in 1989, over 1.3 million engines have been supplied and it delivered its maiden dividend of 20% in the first year. In 1999 they set up facilities to produce high-tech engine components for Swaraj Mazda vehicles and a Matching Shop for engine manufacturing. In 2006/07 MM and MHFL made an open offer to buy up to 20% of SEL and in 2008, PTL was merged with Mahindra and Mahindra Ltd and their overall stake increased to 64.64%.In 2022, SEL completed their capacity expansion of 150,000 engines per annum.

Share Price: ₹2985.00 per share as on 19 Jul, 2024 02:14 PM
Market Capitalisation: ₹3,651.34Cr as of today
Listing date: 21 Aug, 1995
Chairperson Name: Rajesh Jejurikar
OrganisationSwaraj Engines Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Swaraj Engines Ltd

  • Swaraj Engines Shares Surge on Strong Q1 Results - 18 Jul, 2024

    Swaraj Engines' Q1 net profit rose 5.55% YoY to Rs 43.19 crore, while sales increased by 4.54% YoY to Rs 417.99 crore. The company's shares surged nearly 12% and hit a 52-week high of Rs 3,200 apiece.

  • Swaraj Engines Reports Flat Revenue and Increased Net Income in FY 2024 - 27 Jun, 2024

    Swaraj Engines reported flat revenue of ₹14.2b and increased net income of ₹1.38b in FY 2024, with an EPS of ₹113. Looking ahead, the company forecasts a 7.7% p.a. growth rate for the next two years, compared to a 12% growth forecast for the Machinery industry in India.

  • Swaraj Engines Ltd to Pay 3.1% Dividend Yield - 26 Jun, 2024

    Swaraj Engines is set to pay a dividend of ₹95.00 per share, with a trailing yield of 3.1%. Concerns have been raised about the sustainability of the company's dividend due to it paying out more free cash flow than it generated last year.

  • Swaraj Engines Expects Sustained Tractor Demand Momentum Despite Industry Sales Decline - 24 Jun, 2024

    Swaraj Engines expects sustained tractor demand momentum due to government initiatives and growing horticultural segment. The company also announced its highest ever payout of Rs 95 per share. Management discussion and analysis cites factors like affordability, demand for farm mechanisation, and newer technologies.

  • Swaraj Engines Faces Challenges with Dividend Sustainability - 19 Jun, 2024

    Despite a high cash payout ratio of 122%, Swaraj Engines Limited announced a significant dividend increase recently, recommending INR 95 per share for FY2024. The company faces challenges with its dividend sustainability due to volatile payments not well-covered by earnings or cash flows.

Insights on Swaraj Engines Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.55% to 2.85% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.97% to 35.37% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SWARAJENG stock has moved up by 4.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 340.7% return, outperforming this stock by 270.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.12% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 112.4% return, outperforming this stock by 66.8%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 9.38% to 8.68% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹556.80Cr
↑3.72%
Total Liabilities
₹188.24Cr
↓3.27%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹142.38Cr
↑7.19%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.12%
0.00
Foreign Institutions
2.85%
11.97
Mutual Funds
8.68%
-7.44
Retail Investors
35.37%
1.12
Others
0.98%
0.01

Key Indicators

Earnings and Dividends

  • Swaraj Engines Ltd Earnings Results

    Swaraj Engines Ltd’s net profit jumped 5.55% since last year same period to ₹43.19Cr in the Q1 2024-2025. On a quarterly growth basis, Swaraj Engines Ltd has generated 22.77% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Swaraj Engines Ltd Dividends April,2024

    In the quarter ending March 2024, Swaraj Engines Ltd has declared dividend of ₹95 - translating a dividend yield of 6.22%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Swaraj Engines Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Swaraj Engines Ltd (SWARAJENG) share price today is ₹2985

Swaraj Engines Ltd is listed on NSE

Swaraj Engines Ltd is listed on BSE

  • Today’s highest price of Swaraj Engines Ltd is ₹2985.
  • Today’s lowest price of Swaraj Engines Ltd is ₹2985.

Today’s traded volume of Swaraj Engines Ltd(SWARAJENG) is 1.60L.

Today’s market capitalisation of Swaraj Engines Ltd(SWARAJENG) is ₹3651.34Cr.

Swaraj Engines Ltd(SWARAJENGPrice
52 Week High
₹3157.4
52 Week Low
₹1918.3

Swaraj Engines Ltd(SWARAJENG) share price is ₹2985. It is down -5.46% from its 52 Week High price of ₹3157.4

Swaraj Engines Ltd(SWARAJENG) share price is ₹2985. It is up 55.61% from its 52 Week Low price of ₹1918.3

Swaraj Engines Ltd(SWARAJENGReturns
1 Day Returns
-20.9%
1 Month Returns
3.98%
3 Month Returns
23.43%
1 Year Returns
45.58%