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Swaraj Engines Q2 FY27 Net Profit Climbs 21% as Revenue Surges 26%

Swaraj Engines reported a net profit of ₹61 crore for Q2 FY27, up 21% from ₹50 crore in the same quarter of FY26. Revenue from operations rose 26% YoY to ₹635 crore, compared with ₹504 crore in Q2 FY26. Operating profit (EBITDA) increased 28% to ₹87 crore from ₹68 crore. The company’s margin edged up to 13.64% from 13.45% YoY. Sustained customer demand helped the firm sell 61,216 engines in the quarter ending 30 September 2026, versus 51,164 units in the prior year.

Swaraj Engines’ half‑year results for H1 FY27 show a 21% rise in net profit to ₹116 crore, while revenue from operations climbed 24% YoY to ₹1,224 crore. Engine sales for the six‑month period hit 118,019 units, up 17.8% from 100,204 units in the corresponding period of FY26. The company reiterated steady demand, noting that sales growth was supported by sustained customer interest in the current fiscal year.

Following the earnings announcement, Swaraj Engines shares traded at ₹3,864.5 on the National Stock Exchange, marking a 12.37% rise. Over the past month, the stock has gained 8%, while it has fallen 1.3% over the last six months. From the beginning of the year, shares have surged more than 3%. The firm’s 52‑week high was ₹4,437.40 on 16 October 2025, and its 52‑week low was ₹3,301.30 on 30 March 2026.

Swaraj Engines Limited was established in 1985 in Mohali, Punjab. The company primarily supplies diesel engines to the Swaraj Division of Mahindra & Mahindra. As of 12 October 2026, its total market capitalisation exceeded ₹4,706.25 crore, according to NSE data. The firm has maintained steady demand and recorded half‑yearly engine sales of 118,019 units, up 17.8% YoY. Its operations are focused on delivering high‑performance diesel engines for commercial and industrial applications.

Swaraj Engines highlighted that sustained customer demand underpinned its growth trajectory. The company recorded engine sales of 61,216 units in Q2 FY27 and 118,019 units for the first half of FY27, reflecting a 17.8% increase in the six‑month period. These figures demonstrate the firm’s ability to capture market share amid a competitive diesel engine landscape, reinforcing its position as a key supplier to Mahindra & Mahindra’s Swaraj Division.