Swaraj Engines reported a 21% increase in net profit for the first half of FY27, reaching ₹116 crore. The company’s revenue from operations also rose significantly, hitting ₹635 crore in the second quarter, a 26% increase compared to the same period last year. This growth reflects steady demand for diesel engines and strong sales performance.
- Net profit for H1 FY27 increased by 21% to ₹116 crore.
- Revenue from operations in Q2 FY27 rose 26% to ₹635 crore.
- Engine sales reached 61,216 units in Q2 FY27, up from 51,164 units last year.
- Operating profit (EBITDA) grew 28% to ₹87 crore in Q2 FY27.
- Operating margin remained stable at 13.64% in Q2 FY27.
What were Swaraj Engines' key financial results in Q2 FY27?
In the quarter from June to September 2026, Swaraj Engines’ revenue from operations increased by 26% year-on-year to ₹635 crore, compared to ₹504 crore in Q2 FY26. The company’s operating profit, measured as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 28% to ₹87 crore from ₹68 crore in the previous year’s quarter. The operating margin improved slightly to 13.64% from 13.45% in Q2 FY26.
How did engine sales perform during this period?
Swaraj Engines recorded engine sales of 61,216 units in Q2 FY27, a significant increase from 51,164 units sold in the same quarter last year. For the half-year ended September 2026, the company sold 118,019 units, marking a 17.8% growth compared to 100,204 units in H1 FY26. This steady demand supports the company’s strong financial performance.
What was the overall half-year performance for FY27?
For the half year ending September 2026, Swaraj Engines’ net profit rose by 21% to ₹116 crore. Revenue from operations for this period increased by 24% to ₹1,224 crore. These results highlight the company’s continued growth and stable market position.
How did the stock market respond to these results?
Following the earnings announcement, Swaraj Engines’ shares rose 12.37% to ₹3,864.5 on the National Stock Exchange. Over the past month, the stock gained 8%, although it declined by 1.3% over six months. Since the start of the year, the shares have increased by over 3%. The stock’s 52-week high was ₹4,437.40 on October 16, 2025, and the low was ₹3,301.30 on March 30, 2026.
What is the background of Swaraj Engines?
Established in 1985 in Mohali, Punjab, Swaraj Engines primarily manufactures diesel engines supplied to the Swaraj Division of Mahindra & Mahindra. As of October 12, 2026, the company had a market capitalization exceeding ₹4,706 crore, reflecting its significant presence in the engine manufacturing sector.
Frequently Asked Questions
Q: What contributed to Swaraj Engines’ profit growth in Q2 FY27?
A: The profit growth was driven by increased engine sales, higher revenue from operations, and stable operating margins supported by steady customer demand.
Q: How many engines did Swaraj Engines sell in the first half of FY27?
A: The company sold 118,019 engine units in the first half of FY27, which is a 17.8% increase compared to the same period last year.
Q: How did the stock price react after the earnings announcement?
A: Swaraj Engines’ shares rose by 12.37% to ₹3,864.5 on the National Stock Exchange following the earnings report.
