SWARAJ
Swaraj Engines financials
- Market cap
- ₹885 Cr
- Sector
- Textiles
Quarterly results
Q1 FY27: revenue up 137.7%, net profit up 77.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 464 | 86 | 169 | 77 | 127 −73% | 165 +92% | 207 +22% | 183 +138% |
| EBITDA | 63 | 15 | 34 | 24 | 28 −56% | 25 +67% | 34 +0% | 36 +50% |
| Net profit | 45 | 5 | 18 | 9 | 9 −80% | 11 +120% | 25 +39% | 16 +78% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +84.8% 1Y
1Y: ₹181.4 on 10 Sept 2025 → ₹335.15. High ₹377.1 (25 Aug 2026), low ₹162.2 (9 Oct 2025).
Financials, as filed
Revenue fell 36.3% a year over 2 years, FY24 to FY26. Operating margin widened to 19.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1.4k Cr | ₹1.1k Cr | ₹576 Cr |
| Operating profit | ₹188 Cr | ₹170 Cr | ₹111 Cr |
| Operating margin | 13.2% | 15.0% | 19.3% |
| Interest | ₹0 Cr | ₹11 Cr | ₹30 Cr |
| Depreciation | ₹18 Cr | ₹17 Cr | ₹22 Cr |
| Net profit | ₹138 Cr | ₹111 Cr | ₹54 Cr |
| Net margin | 9.7% | 9.8% | 9.4% |
| Cash from operations | ₹45 Cr | ₹41 Cr | ₹-17 Cr |
| Free cash flow | ₹-25 Cr | ₹-99 Cr | ₹-97 Cr |
| ROCE | 16.0% | 18.0% | 18.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹7 Cr | ₹7 Cr | ₹18 Cr | ₹22 Cr | ₹26 Cr |
| Reserves | ₹36 Cr | ₹54 Cr | ₹59 Cr | ₹89 Cr | ₹150 Cr | ₹314 Cr |
| Borrowings | ₹42 Cr | ₹74 Cr | ₹113 Cr | ₹175 Cr | ₹332 Cr | ₹327 Cr |
| Other liabilities | ₹12 Cr | ₹7 Cr | ₹51 Cr | ₹74 Cr | ₹138 Cr | ₹191 Cr |
| Total liabilities | ₹92 Cr | ₹142 Cr | ₹231 Cr | ₹356 Cr | ₹642 Cr | ₹858 Cr |
| Fixed assets | ₹36 Cr | ₹37 Cr | ₹81 Cr | ₹77 Cr | ₹297 Cr | ₹315 Cr |
| Capital work in progress | ₹0 Cr | ₹41 Cr | ₹3 Cr | ₹69 Cr | ₹0 Cr | ₹46 Cr |
| Investments | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr |
| Other assets | ₹53 Cr | ₹61 Cr | ₹143 Cr | ₹207 Cr | ₹341 Cr | ₹492 Cr |
| Total assets | ₹92 Cr | ₹142 Cr | ₹231 Cr | ₹356 Cr | ₹642 Cr | ₹858 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Aug 2026
Since Sep 2025, promoters trimmed −10.29 pp while the public added +9.34 pp.
- Promoters
- 64.7%
- FIIs
- 0.2%
- DIIs
- 0.8%
- Public
- 34.3%
Since Sep 2025
- Promoters −10.29 pp
- Public +9.34 pp
- DIIs +0.72 pp
How it drifted, 12 quarters
Over this window promoters fell from 73.3% to 64.7% — −8.6 pp.
Ownership split by quarter, oldest first. Mar '22: Promoters 73.3%, Public 26.7%.Sep '22: Promoters 73.3%, Public 26.7%.Mar '23: Promoters 73.3%, Public 26.7%.Sep '23: Promoters 68.9%, Public 31.1%.Mar '24: Promoters 73.6%, Public 26.4%.Sep '24: Promoters 71.6%, FIIs 0.0%, Public 28.4%.Mar '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.1%, Public 24.9%.Sep '25: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Dec '25: Promoters 75.0%, DIIs 0.7%, Public 24.3%.Mar '26: Promoters 65.0%, FIIs 0.8%, DIIs 0.6%, Public 33.6%.Jun '26: Promoters 64.7%, FIIs 0.8%, DIIs 0.6%, Public 33.9%.Aug '26: Promoters 64.7%, FIIs 0.2%, DIIs 0.8%, Public 34.3%.
Who is on the register
Named in the Aug 2026 filing
Every holder of Swaraj Engines Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Divine Suiting Private Limited | 20.45% | unchanged |
| Mohammed Sabir Khan | 15.86% | unchanged |
| Sakina Textile Private Limited | 13.16% | unchanged |
| Jamuna Synthetics Private Limited | 6.51% | unchanged |
| Gomoto Textiles Private Limited | 6.02% | unchanged |
| Samar Khan | 1.39% | unchanged |
| Nasir Khan | 1.14% | unchanged |
| Shabana Akhlaque Madni | 0.05% | unchanged |
| Zahida Parihar | 0.05% | unchanged |
| Shabnam Khan | 0.05% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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