Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Sep
Source: Bse
Swaraj Engines Limited (SWARAJENG)
Small CapAuto stocks · Small cap · NSE
Swaraj Engines Limited operates in Engines, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹3,501.4
-43.60 · -1.23%
Market cap ₹4,292 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 11:46 am ISTDetails
Quote21 Oct, 11:46 am IST
Base fundamentals06 Oct 2026 · screener
Latest result20 Jul, 04:57 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
36Bearishfull bear SMA stack · MACD + · sector -2.6pp vs Nifty 500 (3M)
Stock trend: 32
Sector RS: 42
Sector 3M: -8.2% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SWARAJENGD candles · FIT view-12.3%TODAY · PROVISIONALLatest price ₹3501.40 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-2.2%
RSI
45
MACD hist
-3.32
52W pos
18%
2026-10-21O ₹3579.90H ₹3579.90L ₹3501.00C ₹3501.40Vol 4,565 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SWARAJENGNifty AutoNifty 500
- SWARAJENG
- -3.6%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- +2.0 pp
Chart stats
19 Oct 2026- From 52W high
- -20.1%
- 52W range position
- 21%
- ATR (14)
- 2.9%
- Volume vs 20D
- 0.16x
- Avg traded value
- ₹34.7 Cr
- 20D price channel
- ₹3,416.5 - ₹3,949.5
₹4,437.4
₹3,301.3 - ₹4,437.4
₹103.5
Latest completed session
20-session average
35.0% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED67
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average52
Revenue +21.5% · PAT +12.0% YoY
Technical
Bearish36
Price trend and sector-relative-strength timing.
Valuation
Legacy model+45.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence86
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 52/100margin compression · Rev +21% YoY · PAT +12% YoY · +8% QoQ
Filed 20 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹588 Cr | +21.5% | +7.7% |
| EBITDA | ₹77 Cr | +14.9% | +2.7% |
| Operating margin | 13.0% | -100 bps | -100 bps |
| PAT | ₹56 Cr | +12.0% | +1.8% |
| PAT margin | 9.5% | -81 bps | -55 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.00
- P/B
- 8.79
- EV/EBITDA
- 14.08
- Market Cap
- 4292.00Cr
Profitability
- ROE
- 43.60%
- ROCE
- 58.40%
- ROA
- 25.93%
- Dividend Y
- 3.11%
Growth (CAGR)
- Revenue 5Y
- 15.00%
- EPS 5Y
- 17.00%
- Revenue 3Y
- 12.00%
- EPS 3Y
- 14.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- —
- Altman Z
- 10.99
- Book Value
- 402.00
Cash Flow
- FCF Yield
- 3.24%
- FCF Positive Y
- 12/5
- OCF
- 117.00 Cr
- EPS TTM
- 166.16
Shareholding
- Promoter Hold
- 52.11%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 20%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 2,243+33.4% vs prev
Net Profit
₹ CrLatest: 196+18.1% vs prev
Return on Equity
%Latest: 40.1+1.2% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 45.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 45 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 20% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
48
RS percentile
Stage 1 Base / Transition
1M return
-2.2%
3M return
-3.6%
6M return
-11.5%
1Y return
-11.7%
RS 1D
+5
RS 20D
+6
Sector rank
#3
Industry rank
#30
Stage evidence
- Price is within 4.4% of the 30-week proxy.
- The 30-week proxy changed +0.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 90.29+1.92%
RS vs Nifty 50090
Valuation & peers
U-Score 67 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 67 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · UNDERVALUEDValuation10/30
Growth14/25
Quality20/20
Balance Sheet10/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
67
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
67/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 3.2%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 45.3%.
Main drags
- Valuation is weaker at 10/30; verify the latest quarterly trend.
- Growth is weaker at 14/25; verify the latest quarterly trend.
- Balance sheet is weaker at 10/15; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
21.0
PB
8.8
EV/EBITDA
14.1
ROE
43.6%
ROCE
58.4%
FCF Yield
3.2%
Debt/Equity
0.0
MoS
+45.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
67
Previous: 67
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+45.3%
Previous: +44.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
67
67
67
67
67
67
67
67
67
67
67
67
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹1,225.94
-185.6% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹6,405.47
+45.3% MoS
PEG
1.33
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RML
Small
Rane (Madras) Limited
Auto Components
match 138
58
31.4
15.4%
+21%
FAIR VALUE
SHARDAMOTR
Small
Sharda Motor Industries Limited
Auto Components
match 137
71
15.7
25.2%
+61%
UNDERVALUED
MAYURUNIQ
Small
Mayur Uniquoters Ltd
Auto Components
match 137
67
14.8
18.0%
+59%
UNDERVALUED
LGBBROSLTD
Small
LG Balakrishnan & Bros Limited
Auto Components
match 137
61
16.6
15.5%
+55%
UNDERVALUED
ROLEXRINGS
Small
Rolex Rings Limited
Auto Components
match 137
51
26.6
15.6%
+21%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Swaraj Engines Limited operates in Engines, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
86Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 99th percentile of the scored universe and 96th percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
9 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
99th percentile
overall median 67 · Auto: 96th pctile, median 74 · Small: 99th pctile, median 66
Evidence depth
Financial-only
9 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3.2%.
- ▸12 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Swaraj Engines Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Jun
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.