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NSE: SWARAJENG MID_CAP Diversified REPORTED STATUTORY SOURCE • Data as of FY25 FRESH

Swaraj Engines Limited

Swaraj Engines Ltd. • ISIN: INE277A01016 • CIN: N/A

Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY25 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR • Last Checked: 14 Oct 2026

Corporate Site ↗ Investor Relations ↗

FY25 Revenue ₹1,228 Cr

FY25 Net Profit ₹121 Cr

Reported EPS ₹99.25

Operating Margin 12.22%

Return on Equity 37.4%

ROCE 50.3%

Debt / Equity 0.00x

Net Profit Margin 9.82%

WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q2 FY27): Reported quarterly statutory revenue of ₹636.77 Cr with net profit of ₹60.57 Cr (EPS: ₹49.86).

Exchange Disclosure (2026-10-23): Shareholders meeting —

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for Swaraj Engines Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India

Incorporated N/A

Workforce N/A

Statutory Auditor N/A

Credit Rating N/A

SRK FUNDAMENTAL HEALTH SCORE Moderate (51/100)

Algorithmic 5-pillar assessment calibrated against audited SEBI filings and historical balance sheets.

Pillar Score Breakdown

Revenue & Earnings Growth 0 / 20

Profitability & Margins 16 / 20

Solvency & Capital Structure 20 / 20

Cash Flow Quality 2 / 20

Capital Allocation & Valuation 13 / 20

Key Strengths

+ Superior Return on Equity (37.4%)
+ Virtually debt-free balance sheet (D/E 0.00)
+ Ample interest debt-service coverage (740.9x)
+ Superior capital efficiency (ROCE 50.3%)

Key Vigilance Points & Risks

− YoY revenue contraction (-13.5%)
− Net profit decline observed YoY (-12.6%)

FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS • REPORTED EXCHANGE DATA

Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)

Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Dec 2024 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR

Annual Metric (₹ Cr)	FY23 Mar 2023	FY24 Mar 2024	FY25 Dec 2024
Sales / Revenue from Operations	₹1,422	₹1,419	₹1,228
Operating Expenditure	₹1,235	₹1,231	N/A
Operating Profit (EBITDA)	₹186	₹188	₹150
Operating Profit Margin (OPM %)	13.11%	13.26%	12.22%
Other Income	₹12	₹14	N/A
Finance Costs / Interest	₹0.08	₹0.25	N/A
Depreciation & Amortization	₹19	₹17	N/A
Profit Before Tax (PBT)	₹180	₹185	₹162
Tax Expense	₹46	₹47	N/A
Net Profit (PAT)	₹134	₹138	₹121
Net Profit Margin (NPM %)	9.40%	9.71%	9.82%
Basic / Diluted EPS (₹)	₹109.99	₹113.48	₹99.25
Cash from Operations (CFO)	₹133	₹142	N/A
Free Cash Flow (FCF)	₹120	₹95	N/A

Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Sep 2026 • Source: NSE_OFFICIAL_API

Quarterly Metric (₹ Cr)	Q4 FY24 Mar 2024	Q1 FY25 Jun 2024	Q2 FY25 Sep 2024	Q3 FY25 Dec 2024	Q3 FY26 Dec 2025	Q4 FY26 Mar 2026	Q1 FY27 Jun 2026	Q2 FY27 Sep 2026
Sales / Revenue	₹351	₹418	₹464	₹346	₹477	₹549	₹592	₹637
Operating Profit (EBITDA)	₹44	₹54	₹57	₹39	₹56	₹73	₹75	₹81
OPM %	12.55%	12.84%	12.33%	11.33%	11.84%	13.32%	12.61%	12.78%
Profit Before Tax (PBT)	₹47	₹58	₹61	₹43	₹56	₹73	₹75	₹81
Net Profit (PAT)	₹35	₹43	₹45	₹32	₹42	₹55	₹56	₹61
NPM %	10.02%	10.33%	9.78%	9.25%	8.83%	9.93%	9.38%	9.51%
Basic / Diluted EPS (₹)	₹28.96	₹35.56	₹37.39	₹26.30	₹34.66	₹44.91	₹45.70	₹49.86

BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Exchange Reported

Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)

Balance Sheet Item (₹ Cr)	FY23	FY24	FY25
Equity Share Capital	₹12	₹12	N/A
Reserves & Surplus	₹330	₹356	N/A
Net Worth (Shareholders' Funds)	₹342	₹369	N/A
Total Borrowings & Debt	₹0	₹0	N/A
Total Balance Sheet Assets	₹536	₹557	N/A

Cash Flow Statement (₹ Crores • Indirect Method)

Cash Flow Item (₹ Cr)	FY23	FY24	FY25
Cash Flow from Operating Activities (CFO)	₹133	₹142	N/A
Cash Flow from Investing Activities (CFI)	₹-38	₹-30	N/A
Cash Flow from Financing Activities (CFF)	₹-97	₹-112	N/A
Free Cash Flow / Net Cash Flow	₹120	₹95	N/A

PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings

Financial Ratio / Efficiency Metric	FY23	FY24	FY25
Operating Profit Margin (OPM)	13.11%	13.26%	12.22%
Net Profit Margin (NPM)	9.40%	9.71%	9.82%
Return on Equity (ROE)	39.04%	37.41%	N/A
Return on Capital Employed (ROCE)	52.55%	50.25%	N/A
Return on Assets (ROA)	24.92%	24.76%	N/A
Debt to Equity Ratio	0.00x	0.00x	N/A
Interest Coverage Ratio	2,330.1x	752.7x	N/A
CFO to Net Profit Conversion	0.99x	1.03x	N/A

SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31

Promoter: 52.11%

FII: N/A

DII: N/A

Public: 47.89%

Pledged: 0.00%

Quarterly Shareholding Trend & Institutional Inflows

Category	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	QoQ Shift
Promoter Holding	52.11%	52.11%	52.11%	52.12%	52.12%	52.12%	0.00%
Foreign Institutional (FII)	N/A	2.43%	N/A	N/A	N/A	N/A	—
Domestic Institutional (DII / MFs)	N/A	8.78%	N/A	N/A	N/A	N/A	—
Public & Retail	47.89%	36.68%	47.89%	47.88%	47.88%	47.88%	+11.21%
Promoter Pledged Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

KEY MANAGEMENT & BOARD GOVERNANCE

EXECUTIVE Appointed: Sep 2024

Mr Devjit Sarkar

Not Applicable & Executive Director

DIN: 10745850 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Apr 2017

Mr Rajesh Ganesh Jejurikar

Chairperson & Non-Executive - Non Independent Director

DIN: 00046823 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jul 2022

Mr Nagarajan S

Not Applicable & Non-Executive - Independent Director

DIN: 03060429 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jul 2022

Mr Nikhilesh Natwarlal Panchal

Not Applicable & Non-Executive - Independent Director

DIN: 00041080 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Oct 2022

Mr Harish Namdeo Chavan

Not Applicable & Non-Executive - Non Independent Director

DIN: 06890989 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Oct 2022

Mr Puneet Renjhen

Not Applicable & Non-Executive - Non Independent Director

DIN: 09498488 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Aug 2023

Ms Smita Piyush Mankad

Not Applicable & Non-Executive - Independent Director

DIN: 02009838 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Jul 2024

Mr Rajya Vardhan Kanoria

Not Applicable & Non-Executive - Independent Director

DIN: 00003792 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

CORPORATE ACTIONS & DIVIDEND TRACK RECORD

Latest Dividend Paid ₹2.00

LTM Total Dividend ₹154.35

Dividends Recorded 10 payouts

Corporate Action Disclosures (Dividends, Bonus & Splits)

Type	Ex-Date	Record Date	Amount / Ratio	Description
DIVIDEND	2026-09-15	2026-09-15	₹2.00	Final Dividend - Rs. - 2.0000
DIVIDEND	2026-09-15	2026-09-15	₹7.00	Final Dividend - Rs. - 7.0000
DIVIDEND	2026-09-15	2026-09-15	₹0.50	Final Dividend - Rs. - 0.5000
DIVIDEND	2026-09-15	2026-09-15	₹5.00	Final Dividend - Rs. - 5.0000
DIVIDEND	2026-09-15	2026-09-15	₹0.55	Final Dividend - Rs. - 0.5500
DIVIDEND	2026-09-15	2026-09-15	₹25.00	Final Dividend - Rs. - 25.0000
DIVIDEND	2026-09-15	2026-09-15	₹3.00	Final Dividend - Rs. - 3.0000
CORPORATE_ACTION	2026-09-15	2026-09-15	N/A	Right Issue of Equity Shares
DIVIDEND	2026-09-15	2026-09-15	₹1.00	Final Dividend - Rs. - 1.0000
DIVIDEND	2026-09-15	2026-09-15	₹0.30	Final Dividend - Rs. - 0.3000
DIVIDEND	2026-07-03	N/A	₹110.00	Dividend - Rs 110 Per Share
DIVIDEND	2025-06-27	N/A	₹104.50	Dividend - Rs 104.50 Per Share
DIVIDEND	2024-06-28	N/A	₹95.00	Dividend - Rs 95 Per Share
DIVIDEND	2023-07-07	N/A	₹92.00	Annual General Meeting/Dividend - Rs 92 Per Share
DIVIDEND	2022-06-30	N/A	₹80.00	Dividend - Rs 80 Per Share

REGULATORY FILINGS & EXCHANGE DISCLOSURES

Shareholders meeting 23 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Shareholders meeting

Copy of Newspaper Publication 13 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Copy of Newspaper Publication

Certificate under SEBI (Depositories and Participants) Regulatio 13 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Certificate under SEBI (Depositories and Participants) Regulations, 2018

Outcome of Board Meeting 12 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Outcome of Board Meeting

Updates 12 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Updates

TRADING WINDOW 01 Oct 2026, 05:32 PM • NSE_OFFICIAL_API

Trading Window — Swaraj Engines Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Swaraj Engines Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Trading Window 01 Oct 2026, 12:00 AM • NSE_OFFICIAL_API

Trading Window

COPY OF NEWSPAPER PUBLICATION 23 Sep 2026, 04:10 PM • NSE_OFFICIAL_API

Copy of Newspaper Publication — In compliance with the Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ), please find enclosed herewith copies of the Notice related to Postal Ballot and remo

In compliance with the Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR ), please find enclosed herewith copies of the Notice related to Postal Ballot and remote e-voting information published on 23rd September, 2026 in the following newspapers: S.No. Name of Newspaper Editions1 Financial Express All Edition2 Ajit JalandharThis intimation is also being uploaded on the Company s website at https://www.swarajenterprise.com.

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE

2026-10-23 Shareholders meeting • NSE_OFFICIAL_API

Shareholders meeting

2026-10-13 Certificate under SEBI (Depositories and Participants) Regulatio • NSE_OFFICIAL_API

Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-13 Copy of Newspaper Publication • NSE_OFFICIAL_API

Copy of Newspaper Publication

2026-10-12 Outcome of Board Meeting • NSE_OFFICIAL_API

Outcome of Board Meeting

2026-10-12 Updates • NSE_OFFICIAL_API

Updates

2026-10-01 Trading Window • NSE_OFFICIAL_API

Trading Window

2026-10-01 TRADING WINDOW • NSE_OFFICIAL_API

Trading Window — Swaraj Engines Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Swaraj Engines Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

2026-09-30 QUARTERLY_RESULTS • Exchange Filing

Financial Results Announced: Q2 FY27

Reported Revenue of ₹636.8 Cr and Net Profit of ₹60.6 Cr.

2026-09-30 SHAREHOLDING_FILING • NSE_OFFICIAL_API

Shareholding Pattern Filed: Q2 FY27

Quarterly distribution: Promoter 52.11% | FII N/A | DII N/A | Public 47.89%.

2026-09-23 Copy of Newspaper Publication • NSE_OFFICIAL_API

Copy of Newspaper Publication

2026-09-23 COPY OF NEWSPAPER PUBLICATION • NSE_OFFICIAL_API

2026-09-22 Shareholders meeting • NSE_OFFICIAL_API

Shareholders meeting

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL

BSE Official Filings (500407) ↗ NSE Official Quote (SWARAJENG) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain	Reporting Period	Statutory Source	Ingestion Date	Status	Provenance Hash
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	04 Nov 2026, 14:16	VERIFIED	cadcd1048212...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	01 Nov 2026, 18:38	VERIFIED	cadcd1048212...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	29 Oct 2026, 11:01	VERIFIED	cadcd1048212...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	26 Oct 2026, 23:45	VERIFIED	cadcd1048212...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	23 Oct 2026, 14:45	VERIFIED	cadcd1048212...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	19 Oct 2026, 04:45	VERIFIED	c6cea295c7ab...
financials_quarterly	Q2 FY27	NSE_OFFICIAL_API	14 Oct 2026, 20:46	VERIFIED	c6cea295c7ab...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.