Swaraj Engines

In Q2 FY27, the quarter to Sep 2026, Swaraj Engines reported revenue of ₹635 crore (+26.0% on a year earlier) and a net profit of ₹61 crore. Figures are standalone.

NSE SWARAJENGBSE 500407ISIN INE277A01016Head office Mohali

Revenue, ₹ cr

635

+26.0% on year

Net profit, ₹ cr

+21.9% on year

Net margin

9.5%

-0.3 pts on year

EPS, ₹

49.86

+21.9% on year

Revenue from operations

Last 20 quarters, standalone

₹ crore per quarter. Hover or tap a bar for the figure.

Net profit

Last 20 quarters, standalone

₹ crore per quarter. Hover or tap a bar for the figure.

Reading these numbers

Swaraj Engines makes diesel engines for Swaraj tractors (Mahindra & Mahindra's tractor brand) and reports standalone results only.

By financial year

April to March, sum of four quarters, standalone

Year	Revenue	Growth	Profit before tax	Net profit	Net margin
FY2025-26	2,007	+19.3%	264	196	9.8%
FY2024-25	1,682	+18.5%	223	166	9.9%
FY2023-24	1,419	-0.2%	185	138	9.7%
FY2022-23	1,422	+24.9%	180	134	9.4%
FY2021-22	1,138	+15.4%	147	109	9.6%
FY2020-21	987	+27.6%	124	93	9.4%
FY2019-20	773	-11.3%	93	71	9.2%
FY2018-19	872	+10.0%	127	82	9.5%
FY2017-18	793	+16.1%	123	–	–
FY2016-17	682	–	105	–	–

Every quarter, standalone

87 quarters · Download CSV

Quarter	Ended	Revenue	Other income	Materials	Employees	Finance cost	Depreciation	Exceptional	PBT	Tax	Net profit	EPS ₹
Q2 FY27	Sep 2026	635.19	1.58	502.88	16.24	0.10	6.55	–	81.38	20.81	60.57	49.86
Q1 FY27	Jun 2026	588.39	3.71	461.58	15.43	0.09	5.74	–	74.64	19.11	55.53	45.70
Q4 FY26	Mar 2026	545.79	3.69	419.39	11.74	0.09	5.42	–	73.19	18.63	54.56	44.91
Q3 FY26	Dec 2025	473.20	3.74	380.52	13.94	0.10	5.75	-3.40	56.47	14.37	42.10	34.66
Q2 FY26	Sep 2025	504.04	4.61	398.63	13.89	0.10	5.79	–	66.75	17.07	49.68	40.89
Q1 FY26	Jun 2025	484.10	5.66	373.27	13.22	0.10	5.49	–	67.17	17.20	49.97	41.14
Q4 FY25	Mar 2025	454.16	4.66	351.66	11.50	0.08	5.30	–	61.22	15.80	45.42	37.39
Q3 FY25	Dec 2024	345.50	3.66	279.81	11.59	0.10	5.03	–	42.82	10.87	31.95	26.30
Q2 FY25	Sep 2024	464.24	3.72	364.84	12.72	0.08	5.50	–	60.98	15.56	45.42	37.39
Q1 FY25	Jun 2024	417.99	4.37	322.44	12.36	0.07	4.51	–	58.03	14.84	43.19	35.56
Q4 FY24	Mar 2024	350.96	3.15	275.37	9.82	0.06	4.01	–	47.19	12.01	35.18	28.96
Q3 FY24	Dec 2023	279.55	3.38	222.68	10.17	0.07	3.94	–	32.13	8.03	24.10	19.84
Q2 FY24	Sep 2023	388.90	3.24	308.61	11.83	0.06	4.72	–	50.60	12.93	37.67	31.01
Q1 FY24	Jun 2023	399.83	4.55	312.37	11.18	0.02	4.64	–	55.05	14.13	40.92	33.69
Q4 FY23	Mar 2023	359.79	3.70	289.00	10.14	0.04	4.56	–	47.08	12.12	34.96	28.79
Q3 FY23	Dec 2022	278.93	2.77	225.27	10.75	0.02	4.59	–	31.23	8.00	23.23	19.13
Q2 FY23	Sep 2022	384.75	2.50	313.08	11.05	0.02	4.68	–	48.31	12.43	35.88	29.54
Q1 FY23	Jun 2022	398.35	2.98	310.33	11.77	0.00	4.71	–	53.12	13.58	39.54	32.56
Q4 FY22	Mar 2022	242.35	2.29	188.55	10.03	0.01	4.20	–	29.18	7.32	21.86	18.01
Q3 FY22	Dec 2021	237.50	2.42	184.33	11.13	0.06	4.35	–	27.22	7.03	20.19	16.62
Q2 FY22	Sep 2021	343.59	2.34	275.38	11.35	0.01	4.76	–	45.31	11.54	33.77	27.82
Q1 FY22	Jun 2021	314.71	2.61	243.25	11.34	0.00	4.79	–	45.15	11.50	33.65	27.72
Q4 FY21	Mar 2021	304.91	2.24	239.72	11.10	0.00	4.72	–	43.70	11.14	32.56	26.84
Q3 FY21	Dec 2020	272.39	2.21	212.74	11.00	0.00	5.18	–	33.63	8.61	25.02	20.61
Q2 FY21	Sep 2020	292.28	2.08	228.37	11.32	0.00	5.64	–	36.44	9.32	27.12	22.36
Q1 FY21	Jun 2020	116.99	2.06	93.55	9.47	0.00	4.23	–	10.71	2.87	7.84	6.46
Q4 FY20	Mar 2020	175.13	2.96	128.04	9.93	0.00	4.91	–	21.43	5.59	15.84	13.06
Q3 FY20	Dec 2019	170.07	2.76	132.19	10.66	0.00	5.12	–	17.33	4.44	12.89	10.62
Q2 FY20	Sep 2019	222.72	3.44	169.62	10.89	0.01	5.34	–	28.09	2.70	25.39	20.94
Q1 FY20	Jun 2019	205.38	3.62	153.31	10.30	0.00	4.76	–	26.22	9.30	16.92	13.95
Q4 FY19	Mar 2019	191.47	3.64	151.45	9.73	0.01	5.28	–	25.76	9.11	16.65	13.72
Q3 FY19	Dec 2018	198.72	4.03	148.95	9.93	0.00	4.72	–	26.80	9.46	17.34	14.31
Q2 FY19	Sep 2018	247.03	3.86	188.63	10.04	0.00	4.80	–	39.19	13.82	25.37	20.91
Q1 FY19	Jun 2018	234.52	3.85	176.20	9.58	0.08	4.74	–	35.65	12.59	23.06	19.02
Q4 FY18	Mar 2018	185.26	4.14	136.58	8.94	1.01	4.17	–	27.52	9.65	17.87	14.50
Q3 FY18	Dec 2017	182.34	–	139.62	8.88	–	4.20	–	26.37	9.14	–	13.88
Q2 FY18	Sep 2017	207.66	–	152.55	8.87	–	4.23	–	35.95	12.45	–	18.92
Q1 FY18	Jun 2017	217.27	–	147.07	8.08	–	4.22	–	32.88	11.38	–	17.31
Q4 FY17	Mar 2017	160.01	–	115.34	8.07	–	4.20	–	23.47	8.19	–	12.30
Q3 FY17	Dec 2016	173.32	–	118.12	8.06	–	3.95	–	23.43	8.13	–	12.32
Q2 FY17	Sep 2016	178.07	4.50	134.10	7.56	0.03	4.18	–	29.46	10.21	19.25	15.50
Q1 FY17	Jun 2016	170.96	4.67	125.36	7.29	0.01	3.95	–	29.10	10.10	19.00	15.30
Q4 FY16	Mar 2016	113.40	4.02	87.96	6.28	0.00	3.50	–	16.54	4.77	11.77	9.39
Q3 FY16	Dec 2015	105.11	3.74	76.67	7.50	0.02	3.25	–	13.22	4.86	8.36	6.74
Q2 FY16	Sep 2015	152.45	4.13	116.35	6.99	0.01	3.68	–	23.16	7.62	15.54	12.51
Q1 FY16	Jun 2015	152.47	4.41	115.02	6.96	0.00	3.37	–	23.30	7.65	15.65	12.60
Q4 FY15	Mar 2015	103.69	4.11	74.80	7.45	0.00	3.02	–	14.46	6.21	8.25	6.64
Q3 FY15	Dec 2014	101.25	3.92	79.10	7.84	0.01	3.36	–	12.43	4.15	8.28	6.67
Q2 FY15	Sep 2014	166.19	4.03	126.89	7.89	0.00	3.48	–	25.10	7.37	17.73	14.28
Q1 FY15	Jun 2014	165.21	4.25	123.97	7.65	0.00	3.34	–	25.83	8.25	17.58	14.15
Q4 FY14	Mar 2014	158.27	4.04	124.13	7.64	0.01	2.54	–	25.55	8.09	17.46	14.06
Q3 FY14	Dec 2013	149.17	4.15	114.50	7.07	0.00	2.24	1.15	22.56	7.01	15.55	12.52
Q2 FY14	Sep 2013	150.45	4.60	118.70	6.80	0.01	2.22	–	25.03	7.86	17.17	13.82
Q1 FY14	Jun 2013	146.18	4.70	108.36	6.18	0.02	2.12	–	24.67	7.85	16.82	13.54
Q4 FY13	Mar 2013	113.30	5.76	92.49	5.56	0.01	2.24	–	19.94	6.00	13.94	11.22
Q3 FY13	Dec 2012	123.49	3.61	93.13	5.79	0.11	2.12	–	19.76	6.00	13.76	11.08
Q2 FY13	Sep 2012	120.69	2.87	94.92	5.51	0.02	1.40	–	20.10	6.10	14.00	11.28
Q1 FY13	Jun 2012	116.89	3.08	86.51	5.27	0.01	1.40	–	19.70	6.00	13.70	11.03
Q4 FY12	Mar 2012	117.14	3.39	91.06	4.95	–	1.33	–	20.25	6.83	13.42	10.80
Q3 FY12	Dec 2011	116.66	1.10	86.07	4.78	-2.13	1.02	–	20.42	6.34	14.08	11.34
Q2 FY12	Sep 2011	102.06	0.79	82.29	4.71	-1.95	0.98	–	17.02	5.24	11.78	9.49
Q1 FY12	Jun 2011	109.33	0.72	84.24	4.73	-1.97	0.93	–	19.58	6.04	13.54	10.90
Q4 FY11	Mar 2011	95.97	0.90	80.55	4.38	-1.85	1.16	–	16.46	5.39	11.07	8.91
Q3 FY11	Dec 2010	91.93	0.38	69.21	4.28	-1.21	1.15	–	16.44	5.11	11.33	9.12
Q2 FY11	Sep 2010	85.67	0.51	65.88	4.32	-1.38	1.10	–	15.80	4.98	10.82	8.71
Q1 FY11	Jun 2010	84.39	0.58	62.37	3.98	-1.29	1.05	–	15.65	4.96	10.69	8.61
Q4 FY10	Mar 2010	75.84	0.57	54.51	4.29	-1.09	1.25	–	13.14	3.93	9.21	7.42
Q3 FY10	Dec 2009	68.18	0.72	53.35	3.69	-1.12	1.21	–	12.35	3.48	8.87	7.14
Q2 FY10	Sep 2009	69.27	1.04	54.04	3.38	-1.80	1.19	–	14.51	4.95	9.56	7.69
Q1 FY10	Jun 2009	67.11	1.85	51.00	3.00	-1.79	1.19	–	14.71	5.00	9.71	7.82
Q4 FY09	Mar 2009	49.57	–	34.74	2.93	-1.73	1.18	–	8.31	2.60	5.71	4.60
Q3 FY09	Dec 2008	46.18	0.14	40.09	2.71	-1.42	1.18	–	7.26	2.54	4.72	3.80
Q2 FY09	Sep 2008	60.57	0.04	47.66	2.99	-0.83	1.18	–	8.80	3.05	5.75	4.62
Q1 FY09	Jun 2008	50.39	–	38.64	2.82	–	1.15	–	7.85	2.74	5.11	4.11
Q4 FY08	Mar 2008	35.88	–	24.60	1.93	–	1.17	–	6.66	2.37	4.29	3.45
Q3 FY08	Dec 2007	38.96	–	28.66	2.55	–	1.14	–	7.18	2.50	4.68	3.77
Q2 FY08	Sep 2007	30.21	–	21.77	2.25	–	1.14	–	5.44	1.87	3.57	2.87
Q1 FY08	Jun 2007	20.24	–	14.57	2.43	–	–	–	2.76	0.94	–	1.50
Q4 FY07	Mar 2007	32.88	–	21.78	2.41	–	–	–	5.83	2.07	–	3.00
Q3 FY07	Dec 2006	34.70	–	23.95	2.35	–	–	–	5.70	1.95	–	3.00
Q2 FY07	Sep 2006	32.60	–	22.45	2.10	–	–	–	5.85	1.95	–	3.10
Q1 FY07	Jun 2006	29.00	–	19.55	1.90	–	–	–	5.25	1.80	–	2.80
Q4 FY06	Mar 2006	36.58	–	25.95	2.37	–	–	–	4.91	1.72	–	2.60
Q3 FY06	Dec 2005	36.00	–	24.85	1.85	–	–	–	5.90	2.05	–	3.10
Q2 FY06	Sep 2005	29.35	–	19.20	1.80	–	–	–	5.50	1.95	–	2.90
Q1 FY06	Jun 2005	26.25	–	17.20	1.85	–	–	–	5.10	1.70	–	8.20
Q4 FY05	Mar 2005	39.72	–	26.62	1.87	–	–	–	7.32	2.24	–	12.30

Source: Swaraj Engines Limited's quarterly results as filed with the National Stock Exchange of India. Figures before 2025 from NSE's results data; from March 2025, the company's XBRL filings. Converted to ₹ crore.