Shares of Swaraj Engines Ltd., a Mahindra & Mahindra-owned tractor engine manufacturer, gained as much as 1.64% on Thursday, April 17, following the release of its March quarter results on Wednesday, April 16, 2025.
The company reported a 29% year-on-year (YoY) increase in net profit, which rose to ₹45 crore from ₹35 crore in the same quarter last year. Revenue from operations also saw a robust 29.4% YoY growth, reaching ₹454 crore, up from ₹351 crore in the base quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 29% YoY to ₹62 crore, although the EBITDA margin slightly narrowed to 13.6%, compared to 13.7% in the year-ago period.
The Board of Directors has recommended an equity dividend of ₹104.50 per share for the financial year ending March 31, 2025. This dividend proposal adds to the positive sentiment surrounding the company’s financial performance.
Swaraj Engines is majority-owned by Mahindra & Mahindra, which holds a 52.1% stake in the company, according to the latest shareholding pattern. The firm plays a key role in the agricultural equipment space, supplying engines primarily for tractors under the Swaraj brand.
Swaraj Engines’ strong Q4 performance, marked by solid profit and revenue growth, reflects its resilience and relevance in India’s farm equipment sector. The generous dividend announcement further strengthens investor confidence.
Backed by Mahindra & Mahindra and driven by consistent demand in the agriculture space, the company is well-positioned for sustained growth in the coming quarters.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 17, 2025, 9:52 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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