Swaraj Engines (SWARAJENG) Q3 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 25/26 earnings summary
21 Aug, 2026Executive summary
Achieved highest-ever Q3 engine sales volume of 47,563 units, up from 34,415 units year-over-year.
Q3 net operating revenue reached Rs. 473.20 crores, a 37.0% increase year-over-year.
Q3 profit before tax (before exceptional items) rose 39.8% to Rs. 59.87 crores; PAT grew 31.8% to Rs. 42.10 crores.
Nine-month sales reached 1,47,767 units, with net operating revenue of Rs. 1,461.34 crores, up from Rs. 1,227.73 crores.
Nine-month PAT was Rs. 141.75 crores, up 17.6% year-over-year.
Financial highlights
Q3 total income: Rs. 47,694 lakhs; nine months: Rs. 1,47,535 lakhs.
Q3 profit before tax (after exceptional items): Rs. 5,647 lakhs; nine months: Rs. 19,039 lakhs.
Q3 profit after tax: Rs. 4,210 lakhs; nine months: Rs. 14,175 lakhs.
Q3 EPS (basic): Rs. 34.66; nine months EPS: Rs. 116.69.
Outlook and guidance
Management continues to monitor regulatory changes and expects to assess further accounting implications as new labour code rules are clarified.
Latest events from Swaraj Engines
- Record profit and sales driven by robust engine demand and expanded production capacity.SWARAJENG
Q1 24/25 - Record quarterly profit and engine sales achieved, with double-digit year-over-year growth.SWARAJENG
Q2 24/25 - FY25 saw record profits, a 1045% dividend, and a major capacity expansion approved.SWARAJENG
Q4 24/25 - Record Q3 engine sales and profits, with PAT up 32.6% year-over-year.SWARAJENG
Q3 24/25 - Record engine sales and profits, with revenue and PAT up over 15% year-over-year.SWARAJENG
Q1 25/26 - Record quarterly and half-year sales and profits driven by strong engine demand.SWARAJENG
Q2 25/26 - FY26 saw record sales, profits, and a recommended Rs. 110 per share dividend.SWARAJENG
Q4 25/26 - Record engine sales and profits driven by strong demand, with revenue up 21.5% year-over-year.SWARAJENG
Q1 26/27