Swaraj Engines quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	635	504	+26.0%
EBITDA	86.5	68.0	+27.1%
EBITDA margin	13.6%	13.5%	+0.1 pts
Profit before tax	81.4	66.8	+21.9%
Net profit	60.6	49.7	+21.9%
EPS	₹49.86	₹40.89	+21.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	635	588	546	473	504	484	454	346	464	418	351	280	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	1.6	3.7	3.7	3.7	4.6	5.7	4.7	3.7	3.7	4.4	3.2	3.4
	637	592	549	477	509	490	459	349	468	422	354	283
	503	462	419	381	399	373	352	280	365	322	275	223
	−3.8	3.0	6.6	−11.0	−3.7	7.1	7.2	−7.7	1.6	6.9	0.6	−1.3
	16.2	15.4	11.7	13.9	13.9	13.2	11.5	11.6	12.7	12.4	9.8	10.2
	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
	6.6	5.7	5.4	5.8	5.8	5.5	5.3	5.0	5.5	4.5	4.0	3.9
	33.4	31.7	33.1	27.7	27.2	23.5	21.9	17.5	22.2	18.1	17.1	15.2
	555	517	476	417	442	423	398	306	407	364	307	251
	86.5	76.8	75.0	62.0	68.0	67.1	61.9	44.3	62.8	58.2	48.1	32.8
	79.9	71.0	69.6	56.2	62.2	61.6	56.6	39.3	57.3	53.7	44.1	28.8
Profit
	81.4	74.6	73.2	59.9	66.8	67.2	61.2	42.8	61.0	58.0	47.2	32.1
	0.0	0.0	0.0	−3.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	81.4	74.6	73.2	56.5	66.8	67.2	61.2	42.8	61.0	58.0	47.2	32.1
	20.6	19.2	18.9	15.5	17.2	17.3	15.8	10.8	15.8	15.1	12.3	8.4
	0.2	−0.1	−0.3	−1.1	−0.2	−0.1	−0.0	0.0	−0.3	−0.2	−0.3	−0.4
	20.8	19.1	18.6	14.4	17.1	17.2	15.8	10.9	15.6	14.8	12.0	8.0
	60.6	55.5	54.6	42.1	49.7	50.0	45.4	32.0	45.4	43.2	35.2	24.1
	60.6	55.5	54.6	42.1	49.7	50.0	45.4	32.0	45.4	43.2	35.2	24.1
	0.0	0.0	0.1	0.0	0.0	0.0	−0.2	0.0	0.0	0.0	0.1	0.0
	60.6	55.5	54.7	42.1	49.7	50.0	45.2	32.0	45.4	43.2	35.2	24.1
Per share
	₹49.86	₹45.70	₹44.91	₹34.66	₹40.89	₹41.14	₹37.39	₹26.30	₹37.39	₹35.56	₹28.96	₹19.84
	₹49.84	₹45.70	₹44.90	₹34.65	₹40.88	₹41.13	₹37.38	₹26.30	₹37.38	₹35.55	₹28.96	₹19.83
Other comprehensive income — detail
	0.0	0.0	0.1	0.0	0.0	0.0	−0.2	—	—	—	—	—
	0.0	0.0	0.1	0.0	0.0	0.0	−0.3	0.0	0.0	0.0	0.1	0.0
	0.0	0.0	0.0	0.0	0.0	0.0	−0.1	—	—	—	—	—
	—	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0
Per share — as-filed variants
	₹49.86	₹45.70	₹44.91	₹34.66	₹40.89	₹41.14	₹37.39	₹26.30	₹37.39	₹35.56	₹28.96	₹19.84
	₹49.84	₹45.70	₹44.90	₹34.65	₹40.88	₹41.13	₹37.38	₹26.30	₹37.38	₹35.55	₹28.96	₹19.83
Regulatory disclosures — filed alongside, not part of the P&L
	1,298	—	1,025	—	1,073	—	820	—	—	—	—	—
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	136	124	120	104	109	104	95.3	73.4	97.8	88.7	75.0	58.1
	21.4%	21.1%	22.0%	21.9%	21.6%	21.4%	21.0%	21.2%	21.1%	21.2%	21.4%	20.8%
Adjusted (ex-exceptional items) — derived
	81.4	74.6	73.2	59.9	66.8	67.2	61.2	42.8	61.0	58.0	47.2	32.1
	0.0	0.0	0.0	−3.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	60.6	55.5	54.6	44.6	49.7	50.0	45.4	32.0	45.4	43.2	35.2	24.1
	₹49.86	₹45.70	₹44.91	₹36.75	₹40.89	₹41.14	₹37.39	₹26.30	₹37.39	₹35.56	₹28.96	₹19.84

Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

SWARAJENG₹3,400.00

Swaraj Engines Limited

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersINGERRAND YUKEN ROTOMcap ₹4,131 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	279.6	351.0	418.0	464.2	345.5	454.2	484.1	504.0	473.2	545.8	588.4	635.2
Other Income	3.4	3.2	4.4	3.7	3.7	4.7	5.7	4.6	3.7	3.7	3.7	1.6
Total Income	282.9	354.1	422.4	468.0	349.2	458.8	489.8	508.7	476.9	549.5	592.1	636.8
Expenses
+ Cost of Materials Consumed	222.7	275.4	322.4	364.8	279.8	351.7	373.3	398.6	380.5	419.4	461.6	502.9
+ Changes in Inventories	-1.3	0.6	6.9	1.6	-7.7	7.2	7.1	-3.7	-11.0	6.6	3.0	-3.8
+ Employee Benefit Expense	10.2	9.8	12.4	12.7	11.6	11.5	13.2	13.9	13.9	11.7	15.4	16.2
+ Finance Costs	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
+ Depreciation & Amortisation	3.9	4.0	4.5	5.5	5.0	5.3	5.5	5.8	5.8	5.4	5.7	6.6
+ Other Expenses	15.2	17.1	18.1	22.2	17.5	21.9	23.5	27.2	27.7	33.1	31.7	33.4
Total Expenses	250.8	306.9	364.3	407.0	306.3	397.6	422.6	441.9	417.1	476.3	517.5	555.4
EBITDA	32.8	48.1	58.2	62.8	44.3	61.9	67.1	68.0	62.0	75.0	76.8	86.5
EBIT	28.8	44.1	53.7	57.3	39.3	56.6	61.6	62.2	56.2	69.6	71.0	79.9
Profit
PBT before Exceptional Items	32.1	47.2	58.0	61.0	42.8	61.2	67.2	66.8	59.9	73.2	74.6	81.4
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.4	0.0	0.0	0.0
Pretax Income	32.1	47.2	58.0	61.0	42.8	61.2	67.2	66.8	56.5	73.2	74.6	81.4
+ Current Tax	8.4	12.3	15.1	15.8	10.8	15.8	17.3	17.2	15.5	18.9	19.2	20.6
+ Deferred Tax	-0.4	-0.3	-0.2	-0.3	0.0	-0.0	-0.1	-0.2	-1.1	-0.3	-0.1	0.2
Tax Expense	8.0	12.0	14.8	15.6	10.9	15.8	17.2	17.1	14.4	18.6	19.1	20.8
Net Income	24.1	35.2	43.2	45.4	32.0	45.4	50.0	49.7	42.1	54.6	55.5	60.6
+ Net Income — Continuing Ops	24.1	35.2	43.2	45.4	32.0	45.4	50.0	49.7	42.1	54.6	55.5	60.6
+ Other Comprehensive Income	0.0	0.1	0.0	0.0	0.0	-0.2	0.0	0.0	0.0	0.1	0.0	0.0
Total Comprehensive Income	24.1	35.2	43.2	45.4	32.0	45.2	50.0	49.7	42.1	54.7	55.5	60.6
Per Share
Basic EPS	19.84	28.96	35.56	37.39	26.30	37.39	41.14	40.89	34.66	44.91	45.70	49.86
Diluted EPS	19.83	28.96	35.55	37.38	26.30	37.38	41.13	40.88	34.65	44.90	45.70	49.84
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-0.2	0.0	0.0	0.0	0.1	0.0	0.0
+ Items NOT to be Reclassified to P&L	0.0	0.1	0.0	0.0	0.0	-0.3	0.0	0.0	0.0	0.1	0.0	0.0
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.1	0.0	0.0	0.0	0.0	0.0	0.0
+ Tax on Items NOT to be Reclassified — alt tag	0.0	0.0	0.0	0.0	0.0	—	—	—	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	19.84	28.96	35.56	37.39	26.30	37.39	41.14	40.89	34.66	44.91	45.70	49.86
Diluted EPS — Continuing Operations	19.83	28.96	35.55	37.38	26.30	37.38	41.13	40.88	34.65	44.90	45.70	49.84
Regulatory Disclosures — filed alongside, not part of the P&L
Related-party Transactions — During the Period	—	—	—	—	—	820.2	—	1,072.8	—	1,025.4	—	1,298.3
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	58.1	75.0	88.7	97.8	73.4	95.3	103.8	109.1	103.7	119.9	123.9	136.1
Gross Margin %	20.80	21.38	21.22	21.06	21.24	20.99	21.44	21.64	21.91	21.96	21.05	21.42
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	32.1	47.2	58.0	61.0	42.8	61.2	67.2	66.8	59.9	73.2	74.6	81.4
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.4	0.0	0.0	0.0
Net Income Adj (tax-effected)	24.1	35.2	43.2	45.4	32.0	45.4	50.0	49.7	44.6	54.6	55.5	60.6
EPS Adj	19.84	28.96	35.56	37.39	26.30	37.39	41.14	40.89	36.75	44.91	45.70	49.86
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Swaraj Engines Q2 FY27 results (July–September 2026)

Filed with NSE on Monday, 12 October 2026 at 12:34 pm IST

Swaraj Engines (NSE: SWARAJENG) reported its Q2 FY27 results (July–September 2026) on Monday, 12 October 2026 at 12:34 pm IST. Consolidated net profit was ₹60.6 crore, up 21.9% from ₹49.7 crore in Q2 FY26 and up 9.1% from ₹55.5 crore in Q1 FY27. Revenue from operations was ₹635 crore, up 26.0% year on year and up 8.0% from the previous quarter.

Q2 FY26 results (a year earlier): 16 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹60.6 Cr+21.9% vs Q2 FY26+9.1% vs Q1 FY27
Revenue from operations: ₹635 Cr+26.0% vs Q2 FY26+8.0% vs Q1 FY27
Operating margin (EBIT): 12.6%+0.2 pts vs Q2 FY26+0.5 pts vs Q1 FY27EBIT ₹79.9 Cr
EBITDA: ₹86.5 Cr+27.1% vs Q2 FY26+12.6% vs Q1 FY27margin 13.6%
Earnings per share (basic): ₹49.86+21.9% vs Q2 FY26+9.1% vs Q1 FY27
Net profit margin: 9.5%−0.3 pts vs Q2 FY26+0.1 pts vs Q1 FY27

Questions

What was Swaraj Engines' net profit in Q2 FY27?

Consolidated net profit was ₹60.6 crore, up 21.9% from ₹49.7 crore in Q2 FY26 and up 9.1% from ₹55.5 crore in Q1 FY27.

What is Swaraj Engines' net profit margin?

Swaraj Engines' net profit margin was 9.5% in Q2 FY27 (net profit as a share of revenue from operations), against 9.9% in Q2 FY26 (down 0.3 percentage points). For FY26 as a whole it was 9.8%.

What was Swaraj Engines' net profit in FY26?

Consolidated net profit was ₹196 crore in FY26 (April 2025–March 2026), up 18.3% from ₹166 crore in FY25. It was ₹138 crore in FY24 and ₹134 crore in FY23: up 46.9% over three years, 13.7% a year on average.

What was Swaraj Engines' revenue in Q2 FY27?

Revenue from operations was ₹635 crore, up 26.0% year on year and up 8.0% from the previous quarter.

What was Swaraj Engines' EPS in Q2 FY27?

Basic earnings per share were ₹49.86, against ₹40.89 in Q2 FY26.

What was Swaraj Engines' revenue in FY26?

Revenue from operations was ₹2,007 crore in FY26 (April 2025–March 2026), up 19.3% from ₹1,682 crore in FY25. It was ₹1,419 crore in FY24 and ₹1,422 crore in FY23: up 41.2% over three years, 12.2% a year on average.

How were Swaraj Engines' Q2 FY27 results?

Both grew from a year earlier: net profit was up 21.9% at ₹60.6 crore and revenue was up 26.0% at ₹635 crore. The operating margin was 12.6%, up 0.2 percentage points from 12.3% a year earlier. Against Q1 FY27, net profit was up 9.1% and revenue up 8.0%.

What was Swaraj Engines' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹79.9 crore, a margin of 12.6%, against 12.1% in Q1 FY27 and 12.3% in Q2 FY26. EBITDA was ₹86.5 crore, 13.6% of revenue.

What was Swaraj Engines' net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹116 crore, up 16.5% from ₹99.7 crore in the same months a year earlier. Revenue from operations was ₹1,224 crore, up 23.8%.

How has Swaraj Engines' profit changed over the last four quarters?

Net profit by quarter: ₹42.1 crore in Q3 FY26, ₹54.6 crore in Q4 FY26, ₹55.5 crore in Q1 FY27 and ₹60.6 crore in Q2 FY27. That is ₹213 crore over the four quarters, up 20.2% from ₹177 crore in the four quarters before. Revenue from operations: ₹473 crore, ₹546 crore, ₹588 crore and ₹635 crore.

When did Swaraj Engines announce its Q2 FY27 results?

On Monday, 12 October 2026 at 12:34 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 16 October 2025.

When will Swaraj Engines announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Swaraj Engines figures come from?

From Swaraj Engines' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 12 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.