Close 10 Sep 1505 scanned A
NIFTY 5023,477.80+0.20%
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INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

SWARAJENG

Swaraj Engines Limited
Small capRs 4,314 crRs 1.8 cr traded a dayThin: a ₹2 lakh order is 1.1% of a normal day
Close on 10 September 2026
3,551.00
−1.20%
52-week range20% of the way up
3,308.904,497.50
Market cap
4,314 cr
P/E (TTM)
23.4×
EPS (TTM)
151.56
Revenue YoY
+40.8%
Q1 FY27
Profit YoY
+28.6%
Net margin
9.4%
-0.9pt vs a year ago
Growth trend
-14.7pt
vs last quarter’s YoY
1 month
-1.6%
Below 52w high
26.7%
RSI (14)
47
Daily swing
1.7%
average true range
Volume
1.0×
vs 20-day average
Traded
Rs 2 cr
median day
Close200-day averageMaterial filing
3,5004,0004,500Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Below the median
-3.5%
One-year return
Below the median
-19.4%
Return on capital employed
Top of the universe
50.5%
Debt to equity
Top of the universe
0.00×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
63%
Revenue growth, year on year
latest reported quarter
+40.8%
Below the 52-week high
from the highest close of the year
-21.0%
1 week
−0.10%
1 month
−1.60%
3 months
−7.19%
6 months
−4.08%
1 year
−19.40%

The read

written from the numbers on this page
The evidence is mixed4 supporting, 3 against, 0 worth knowing

Supporting

  • matches more cash than borrowings, which has beaten the market by +1.47 points over 20 sessions across 6,919 past signals
  • 3 of the scans it matches have a positive measured record
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 41% year on year in the quarter ending 30 June 2026

Against

  • trading 3% below its 200-day average
  • down 19% over twelve months
  • 2 of the scans it matches have historically underperformed the market

Worth knowing

  • nothing the data supports either way
What would change this read: a close back above 3,678, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working4

Profit rose year on year in all 4 of the last 4 quarters.

4

Revenue rose 26.7% year on year, from Rs 464 cr to Rs 588 cr.

+26.7%Rs 464 crRs 588 cr

Net profit rose 22.3% year on year, from Rs 45 cr to Rs 56 cr.

+22.3%Rs 45 crRs 56 cr

3 different kinds of evidence point at it tonight, not 3 versions of the same one.

3 families
Needs watching5

Trading 3.5% below its 200-day average.

-3.5%

Only 7.3% above its 52-week low.

+7.3%

Down 19.4% over the past year.

-19.4%

A warning rule fires on it tonight: lost the 200-day line.

Lost the 200-day line

Only Rs 1.8 crore changes hands on a median day. A large order moves this price by itself.

Rs 1.8 cr
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 3 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-0.1%+0.7 pt vs market1W-1.6%-0.5 pt vs market1M-7.2%-9.8 pt vs market3M-4.1%-20.7 pt vs market6M-19.4%-16.2 pt vs market1Y

What the scans say today

6 of 47 matched on 10 Sep
SWARAJENG matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Quality of the business

balance sheet as at 31 March 2026
Return on equity
37.7%
trailing profit over shareholders’ funds
Return on capital
50.5%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 489 cr of equity
Net debt
17 cr
cash exceeds borrowings
Cash conversion
63%
operating cash flow as a share of profit
Receivable days
39
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 26 September 2024
23×
median 27×
33×
now 23×
SWARAJENG trades at 23× trailing earnings, below its median of 27× over this window — 14% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
09-01
11:38
Other filing
1 day-0.45 days+2.620 days
09-01
11:37
Other filing
1 day-0.45 days+2.620 days
08-31
14:43
Other filing
1 day+1.15 days+0.920 days
08-31
14:42
Other filing
1 day+1.15 days+0.920 days
08-31
14:40
Other filing
1 day+1.15 days+0.920 days
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
2803514184643464735465888.6%10.3%9.4%Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 41% against the same quarter a year earlier
  • profit rose 29% year on year
  • revenue rose in 3 of the last 4 quarters

Going against it

  • net margin narrowed from 10.0% to 9.4%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · standalone
588755645.709.4%
Q4 FY26
31 Mar · standalone
546735544.9110.0%
Q3 FY26
31 Dec · standalone
473564234.668.9%
Q3 FY25
31 Dec · standalone
346433226.309.2%
Q2 FY25
30 Sep · standalone
464614537.399.8%
Q1 FY25
30 Jun · standalone
418584335.5610.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-2.2%
Versus 200-day average-3.5%
Below 52-week high-21.0%
Above 52-week low+7.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)46.7
Higher closes in last 52 of 5
Six-month return−4.08%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)1.71%
Volume versus 20-day1.0x
Median daily turnoverRs 1.8 cr

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
10 Sep3Lost the 200-day line, Death cross — 50 crossed below 200, Earns well on the capital it uses