Swaraj Engines Key Ratios
NSE: SWARAJENG | BSE: 500407
₹3,494.20
As on 13-Nov-2026IST
Market cap
₹4,248 Cr
Revenue (TTM)
₹2,243 Cr
P/E Ratio
20
P/B Ratio
9
Div. Yield
3.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 7.95 | 26.02 | 25.44 | 16.25 | 12.66 |
| EBIT | 12.50 | 28.37 | 25.93 | 17.67 | 11.81 |
| Net Profit | 9.08 | 21.92 | 21.62 | 16.32 | 11.49 |
| EPS | 9.08 | 21.92 | 20.19 | 15.86 | 11.21 |
| Book Value | -- | -- | 16.66 | 12.61 | 11.76 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 12.20 | 12.08 | 12.34 | 12.39 | 12.26 |
| Net Margin
| 9.69 | 9.58 | 9.43 | 9.69 | 9.77 |
| Return on equity
| 41.41 | 40.58 | 44.83 | 43.26 | 42.17 |
| Return on Capital
| 55.65 | 54.52 | -- | 58.13 | 56.71 |
| Return on Assets
| 26.56 | 26.06 | 28.05 | 27.21 | 27.14 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
58.13
|
56.71
|
52.12
|
55.51
|
|
Peer Median
|
--
|
28.73
|
44.34
|
65.51
|
--
|
ROE
44.83
Higher than Peers by 28.53
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
44.83
|
43.26
|
42.17
|
38.81
|
41.27
|
|
Peer Median
|
16.31
|
21.04
|
32.88
|
57.55
|
--
|
ROA
28.05
Higher than Peers by 20.47
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
28.05
|
27.21
|
27.14
|
25.32
|
26.82
|
|
Peer Median
|
7.58
|
9.65
|
6.25
|
20.43
|
--
|
EBIT Margin
12.34
Higher than Peers by 3.54
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
12.34
|
12.39
|
12.26
|
11.97
|
11.75
|
|
Peer Median
|
8.80
|
13.75
|
13.71
|
12.72
|
--
|
Net Margin
9.43
Higher than Peers by 1.87
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
9.43
|
9.69
|
9.77
|
9.61
|
9.31
|
|
Peer Median
|
7.56
|
11.78
|
17.12
|
11.31
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
10.90
|
11.08
|
10.93
|
10.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.44
Higher than Peers by 3.28
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
25.44
|
19.34
|
18.51
|
-0.18
|
24.92
|
|
Peer Median
|
22.16
|
51.52
|
21.24
|
15.40
|
--
|
EBIT Growth
25.93
Lower than Peers by 89.25
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
25.93
|
20.65
|
21.34
|
1.71
|
21.65
|
|
Peer Median
|
115.18
|
86.40
|
-10.63
|
14.01
|
--
|
Net Profit Growth
21.62
Lower than Peers by 119.89
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
21.62
|
18.27
|
20.39
|
3.18
|
22.05
|
|
Peer Median
|
141.51
|
67.94
|
-7.20
|
9.39
|
--
|
EPS Growth
20.19
Lower than Peers by 121.32
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
20.19
|
18.25
|
20.39
|
3.17
|
22.03
|
|
Peer Median
|
141.51
|
71.92
|
-40.60
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
16.68
|
13.69
|
7.70
|
11.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.67
Higher than Peers by 0.12
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
1.67
|
2.06
|
1.96
|
2.34
|
2.09
|
|
Peer Median
|
1.55
|
1.55
|
1.14
|
1.44
|
--
|
Quick Ratio
1.45
Higher than Peers by 0.13
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
1.45
|
1.79
|
1.64
|
1.94
|
1.71
|
|
Peer Median
|
1.33
|
1.21
|
1.02
|
1.35
|
--
|
Interest Coverage
752.79
Higher than Peers by 734.08
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
752.79
|
670.47
|
676.69
|
749.55
|
2,366.06
|
|
Peer Median
|
18.71
|
48.62
|
166.29
|
36.57
|
--
|
Operating Efficiency
Debtors to sales
11.11
Lower than Peers by 19.63
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
11.11
|
10.27
|
10.54
|
8.47
|
9.01
|
|
Peer Median
|
30.74
|
20.54
|
9.12
|
19.07
|
--
|
Asset Turnover
2.96
Higher than Peers by 2.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
2.96
|
2.78
|
2.75
|
2.61
|
2.85
|
|
Peer Median
|
0.96
|
0.86
|
0.40
|
1.57
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
34.86
|
32.27
|
31.93
|
29.74
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
13.93
|
16.18
|
18.05
|
16.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
54.54
|
52.21
|
52.81
|
47.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
--
|
-5.75
|
-3.75
|
-2.83
|
-1.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.97
Lower than Peers by 97.01
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
19.97
|
20.46
|
28.48
|
20.19
|
13.97
|
|
Peer Median
|
116.97
|
116.97
|
48.87
|
75.42
|
--
|
Price / Book Value
9.01
Lower than Peers by 15.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
9.01
|
8.22
|
11.29
|
7.55
|
5.46
|
|
Peer Median
|
24.48
|
24.48
|
12.68
|
35.58
|
--
|
Dividend Yield
3.15
Higher than Peers by 3.12
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
3.15
|
3.33
|
2.68
|
4.15
|
5.99
|
|
Peer Median
|
0.03
|
0.03
|
0.66
|
0.18
|
--
|
EV/EBITDA
13.39
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
13.39
|
13.44
|
18.68
|
12.87
|
8.86
|
|
Peer Median
|
--
|
117.12
|
68.62
|
117.38
|
--
|
Market Cap
4,248
Lower than Peers by 1,36,645
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Swaraj Engines
|
4,248
|
4,016
|
4,728
|
2,783
|
1,867
|
|
Peer Median
|
1,40,893
|
1,40,893
|
1,06,030
|
1,07,623
|
--
|