Swaraj Engines fixes July 3 record date for ₹110 dividend
Swaraj Engines Ltd has fixed July 3, 2026, as the record date for a ₹110 per share dividend, subject to shareholder approval at the 40th AGM on July 20, 2026. The company reported an 18.3% rise in FY26 net profit to ₹196.31 crore, driven by a 19.3% increase in net operating revenue to ₹2007.13 crore and record engine sales of 2,02,771 units.

*this image is generated using AI for illustrative purposes only.
Swaraj Engines Ltd has fixed Friday, July 3, 2026, as the record date to determine shareholder entitlement for a dividend of ₹110 per share recommended for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming 40th Annual General Meeting (AGM). The company reported a net profit of ₹196.31 crore for FY26, an increase of 18.3% from the previous year, supported by its highest-ever annual sales volume of 2,02,771 engines.
AGM and E-Voting Details
The 40th AGM will be held on Monday, July 20, 2026, at 12:30 P.M. through video conferencing and other audio-visual means. Members holding shares as on the cut-off date of July 13, 2026, are eligible to vote. Remote e-voting commences on July 16, 2026, at 9:00 a.m. and concludes on July 19, 2026, at 5:00 p.m. Shareholders who have voted via remote e-voting may attend the meeting but will not be eligible to vote again during the AGM.
Financial Performance
Net operating revenue for FY26 rose 19.3% to ₹2007.13 crore. Operating profit (PBIDT) stood at ₹272.12 crore, a 19.7% increase over the previous year. The company achieved a Return on Net Worth of 40.2%, up from 39.6% in FY25. Total comprehensive income for the year was ₹196.40 crore.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Net Operating Revenue (₹ Cr) | 2007.13 | 1681.89 | +19.3% |
| Operating Profit/PBIDT (₹ Cr) | 272.12 | 227.31 | +19.7% |
| Net Profit/PAT (₹ Cr) | 196.31 | 165.98 | +18.3% |
| Earnings Per Share (₹) | 161.60 | 136.64 | +18.3% |
Operational Highlights
The company recorded its highest-ever annual engine sales volume of 2,02,771 units, a growth of 20.1% compared to the previous year. The Indian tractor industry crossed the one-million-unit milestone with sales of 11,60,300 units. Swaraj Engines is currently enhancing its annual manufacturing capacity to 2,40,000 engines from the existing 1,95,000 engines.
| Operational Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Engine Sales Volume (units) | 2,02,771 | 1,68,820 | +20.1% |
| Indian Tractor Industry Sales (units) | 11,60,300 | 9,39,700 | +23.0% |
Historical Stock Returns for Swaraj Engines
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.26% | -7.90% | -0.02% | +4.39% | -11.05% | +110.55% |
How will the expansion of manufacturing capacity to 2,40,000 engines impact the company's cost structure and profit margins in the coming fiscal year?
Can Swaraj Engines sustain its 20% volume growth if the Indian tractor industry growth rate normalizes from the recent 23% surge?
What is the company's capital allocation strategy regarding the utilization of its strong 40.2% Return on Net Worth beyond dividend payouts?































