Swaraj Engines Ltd

Swaraj Engines Limited informed the BSE Limited and National Stock Exchange of India Limited that Devjit Sarkar will cease to hold office as Director and Whole Time Director, including his role as Chief Executive Officer, from September 1, 2026, upon completion of his tenure, which began September 1, 2024.

Swaraj Engines Limited informed the BSE Limited and National Stock Exchange of India Limited that Devjit Sarkar will cease to hold office as Director and Whole Time Director, including his role as Chief Executive Officer, from September 1, 2026, upon completion of his tenure, which began September 1, 2024, as approved by the company's shareholders.

Swaraj Engines Limited announced the appointment of Sanjay Kshirsagar as an Additional Director, effective September 1, 2026, and subsequently as Whole Time Director and Chief Executive Officer for a three-year term, also subject to shareholder approval. Kshirsagar, aged 57, previously oversaw engine plants at Mahindra & Mahindra Ltd. and brings over 34 years of experience in projects and manufacturing operations, including driving volume ramp-ups and implementing manufacturing digitization initiatives. He is not related to any other director and is not debarred from holding a director's office.

Swaraj Engines Limited announced the appointment of Mr. Sanjay Kshirsagar as an Additional Director, effective September 1, 2026, and subsequently as Whole Time Director and Chief Executive Officer for a three-year term, also effective September 1, 2026, subject to shareholder approval. Mr. Kshirsagar, aged 57, previously oversaw engine plants at Mahindra & Mahindra Ltd. and brings over 34 years of experience in projects and manufacturing operations, including driving volume ramp-ups and implementing manufacturing digitization initiatives. He is not related to any other director and is not debarred from holding a directorial position.

Swaraj Engines Limited announced the appointment of Sanjay Kshirsagar as an Additional Director, effective September 1, 2026, and subsequently as Whole Time Director and Chief Executive Officer for a three-year term, also subject to shareholder approval. Kshirsagar, aged 57, was previously Chief Executive Officer (Designate) and oversaw engine plants at Mahindra & Mahindra Ltd., where he drove volume ramp-ups and implemented manufacturing digitization initiatives. He is not related to any other director and is not debarred from holding a directorial position.

Revenue from operations rose 21.54% year on year (YoY) to Rs 588.39 crore in the quarter ended 30 June 2026. Profit before tax (PBT) increased 11.12% to Rs 74.64 crore in Q1 FY27 from Rs 67.17 crore in the corresponding quarter last year. Engine sales came in at 56,803 units in Q1 FY27, compared with 49,040 units in Q1 FY26, marking a 15.8% YoY rise. Swaraj Engines (SEL) was set up in 1985 in Mohali, Punjab, and is primarily engaged in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra (M&M). Shares of Swaraj Engines rose 0.03% to Rs 3716.90 on the BSE.Powered by Capital Market - Live

Net profit of Swaraj Engines rose 11.13% to Rs 55.53 crore in the quarter ended June 2026 as against Rs 49.97 crore during the previous quarter ended June 2025. Sales rose 21.54% to Rs 588.39 crore in the quarter ended June 2026 as against Rs 484.10 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales588.39484.10 22 OPM %13.0513.86 - PBDT80.3872.66 11 PBT74.6467.17 11 NP55.5349.97 11 Powered by Capital Market - Live

Swaraj Engines will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Revenue from operations rose 20.18% year-on-year to Rs 545.79 crore in the quarter ended 31 March 2026. Profit before tax (PBT) increased 19.55% to Rs 73.19 crore in Q4 FY26, as against Rs 61.22 crore in the corresponding quarter last year. Engine sales came in at 55,004 units in Q4 FY26, compared with 45,594 units in Q4 FY25, marking a 20.64% YoY rise. The quarter also clocked the highest-ever engine sales volume. The company highlighted consistent growth across all four quarters of FY26, extending its streak to six consecutive years of higher engine sales and profits. On an annual basis, the company crossed a key milestone, with engine sales surpassing 2 lakh units for the first time. Volumes stood at 2,02,771 units in FY26, up 19.3% from 1,68,820 units in FY25. For the full year, net operating revenue rose 19.3% YoY to Rs 2,007.13 crore, up from Rs 1,681.89 crore in FY25. Profit before exceptional items and tax rose 19.7% to Rs 266.98 crore in FY26, compared with Rs 223.05 crore in the previous year. Profit after tax increased 18.3% to Rs 196.31 crore from Rs 165.98 crore, marking a record annual profit for the company. The board has recommended an equity dividend of Rs 110 per share for the financial year ending 31 March 2026. The record date for the AGM and dividend is set as 3 July 2026. The dividend, if approved, will be paid or dispatched after 20 July 2026, within the stipulated timeline. Swaraj Engines (SEL) was set up in 1985 in Mohali, Punjab, and is primarily engaged in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra (M&M).

Swaraj Engines announced that the 40th Annual General Meeting(AGM) of the company will be held on 20 July 2026.