Swaraj Engines Limited (SWARAJENG) - Net Assets
Based on the latest financial reports, Swaraj Engines Limited (SWARAJENG) has net assets worth Rs4.89 Billion INR (≈ $52.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.79 Billion ≈ $84.23 Million USD) and total liabilities (Rs2.90 Billion ≈ $31.35 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore SWARAJENG shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.89 Billion |
| % of Total Assets | 62.78% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | 59.95% |
| 10-Year Change | 72.54% |
| Growth Volatility | 11.6 |
Swaraj Engines Limited - Net Assets Trend (2006–2026)
This chart illustrates how Swaraj Engines Limited's net assets have evolved over time, based on quarterly financial data. Check Swaraj Engines Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Swaraj Engines Limited (2006–2026)
The table below shows the annual net assets of Swaraj Engines Limited from 2006 to 2026. For live market cap and overall valuation, see Swaraj Engines Limited (SWARAJENG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.89 Billion ≈ $52.87 Million |
+16.63% |
| 2025-03-31 | Rs4.19 Billion ≈ $45.33 Million |
+13.74% |
| 2024-03-31 | Rs3.69 Billion ≈ $39.86 Million |
+7.70% |
| 2023-03-31 | Rs3.42 Billion ≈ $37.01 Million |
+11.95% |
| 2022-03-31 | Rs3.06 Billion ≈ $33.06 Million |
+8.95% |
| 2021-03-31 | Rs2.81 Billion ≈ $30.34 Million |
+18.94% |
| 2020-03-31 | Rs2.36 Billion ≈ $25.51 Million |
-0.88% |
| 2019-03-31 | Rs2.38 Billion ≈ $25.74 Million |
+4.15% |
| 2018-03-31 | Rs2.28 Billion ≈ $24.71 Million |
-19.36% |
| 2017-03-31 | Rs2.83 Billion ≈ $30.65 Million |
+32.39% |
| 2016-03-31 | Rs2.14 Billion ≈ $23.15 Million |
+0.93% |
| 2015-03-31 | Rs2.12 Billion ≈ $22.94 Million |
+1.05% |
| 2014-03-31 | Rs2.10 Billion ≈ $22.70 Million |
+8.33% |
| 2013-03-31 | Rs1.94 Billion ≈ $20.95 Million |
+4.00% |
| 2012-03-31 | Rs1.86 Billion ≈ $20.15 Million |
+22.37% |
| 2011-03-31 | Rs1.52 Billion ≈ $16.46 Million |
+24.02% |
| 2010-03-31 | Rs1.23 Billion ≈ $13.27 Million |
+26.57% |
| 2009-03-31 | Rs969.73 Million ≈ $10.49 Million |
+16.89% |
| 2008-03-31 | Rs829.63 Million ≈ $8.97 Million |
+9.35% |
| 2007-03-31 | Rs758.69 Million ≈ $8.20 Million |
+24.36% |
| 2006-03-31 | Rs610.07 Million ≈ $6.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Swaraj Engines Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs121.50 Million | 2.49% |
| Other Components | Rs4.77 Billion | 97.51% |
| Total Equity | Rs4.89 Billion | 100.00% |
Swaraj Engines Limited Competitors by Market Cap
The table below lists competitors of Swaraj Engines Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diamond Hill Investment Group Inc
NASDAQ:DHIL
|
$473.29 Million |
|
Jiangsu Hengxing New Material
SHG:603276
|
$473.41 Million |
|
Apex Healthcare Bhd
KLSE:7090
|
$473.43 Million |
|
Tengda Construction Group Co Ltd
SHG:600512
|
$473.45 Million |
|
Zhongrui Co Ltd
SHE:301587
|
$473.21 Million |
|
Beijing Succeeder Technology Inc
SHG:688338
|
$473.10 Million |
|
B+S GROUP SA INH EO-06
F:70B
|
$473.04 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$473.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Swaraj Engines Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 4,192,000,000 to 4,889,200,000, a change of 697,200,000 (16.6%).
- Net income of 1,963,100,000 contributed positively to equity growth.
- Dividend payments of 1,269,400,000 reduced retained earnings.
- Other comprehensive income decreased equity by 880,872,000.
- Other factors increased equity by 884,372,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.96 Billion | +40.15% |
| Dividends Paid | Rs1.27 Billion | -25.96% |
| Other Comprehensive Income | Rs-880.87 Million | -18.02% |
| Other Changes | Rs884.37 Million | +18.09% |
| Total Change | Rs- | 16.63% |
Book Value vs Market Value Analysis
This analysis compares Swaraj Engines Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 73.34x to 8.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs49.12 | Rs3602.30 | x |
| 2007-03-31 | Rs61.09 | Rs3602.30 | x |
| 2008-03-31 | Rs66.80 | Rs3602.30 | x |
| 2009-03-31 | Rs78.08 | Rs3602.30 | x |
| 2010-03-31 | Rs98.83 | Rs3602.30 | x |
| 2011-03-31 | Rs122.56 | Rs3602.30 | x |
| 2012-03-31 | Rs149.98 | Rs3602.30 | x |
| 2013-03-31 | Rs155.99 | Rs3602.30 | x |
| 2014-03-31 | Rs168.98 | Rs3602.30 | x |
| 2015-03-31 | Rs170.75 | Rs3602.30 | x |
| 2016-03-31 | Rs172.30 | Rs3602.30 | x |
| 2017-03-31 | Rs228.01 | Rs3602.30 | x |
| 2018-03-31 | Rs184.18 | Rs3602.30 | x |
| 2019-03-31 | Rs196.07 | Rs3602.30 | x |
| 2020-03-31 | Rs194.34 | Rs3602.30 | x |
| 2021-03-31 | Rs231.00 | Rs3602.30 | x |
| 2022-03-31 | Rs251.66 | Rs3602.30 | x |
| 2023-03-31 | Rs281.71 | Rs3602.30 | x |
| 2024-03-31 | Rs303.37 | Rs3602.30 | x |
| 2025-03-31 | Rs345.02 | Rs3602.30 | x |
| 2026-03-31 | Rs402.37 | Rs3602.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Swaraj Engines Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 40.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.78%
- • Asset Turnover: 2.58x
- • Equity Multiplier: 1.59x
- Recent ROE (40.15%) is above the historical average (29.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.93% | 10.91% | 1.38x | 1.53x | Rs78.86 Million |
| 2007 | 19.59% | 11.49% | 1.35x | 1.26x | Rs72.75 Million |
| 2008 | 17.31% | 11.46% | 1.17x | 1.30x | Rs60.64 Million |
| 2009 | 21.94% | 10.22% | 1.66x | 1.29x | Rs115.78 Million |
| 2010 | 30.43% | 13.23% | 1.68x | 1.37x | Rs250.81 Million |
| 2011 | 28.85% | 12.18% | 1.70x | 1.39x | Rs286.90 Million |
| 2012 | 28.36% | 11.78% | 1.70x | 1.41x | Rs341.96 Million |
| 2013 | 28.60% | 11.57% | 1.59x | 1.55x | Rs360.29 Million |
| 2014 | 31.93% | 11.02% | 1.82x | 1.59x | Rs460.16 Million |
| 2015 | 24.45% | 9.61% | 1.66x | 1.53x | Rs306.34 Million |
| 2016 | 23.92% | 9.74% | 1.56x | 1.57x | Rs297.96 Million |
| 2017 | 24.29% | 10.33% | 1.79x | 1.31x | Rs404.98 Million |
| 2018 | 35.05% | 10.44% | 2.21x | 1.52x | Rs572.50 Million |
| 2019 | 34.63% | 9.50% | 2.37x | 1.54x | Rs586.23 Million |
| 2020 | 30.12% | 9.22% | 2.17x | 1.51x | Rs474.53 Million |
| 2021 | 32.98% | 9.41% | 2.15x | 1.63x | Rs644.87 Million |
| 2022 | 35.81% | 9.66% | 2.46x | 1.51x | Rs789.07 Million |
| 2023 | 39.04% | 9.40% | 2.65x | 1.57x | Rs993.92 Million |
| 2024 | 37.41% | 9.71% | 2.55x | 1.51x | Rs1.01 Billion |
| 2025 | 39.59% | 9.87% | 2.50x | 1.60x | Rs1.24 Billion |
| 2026 | 40.15% | 9.78% | 2.58x | 1.59x | Rs1.47 Billion |
Industry Comparison
This section compares Swaraj Engines Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $33,096,474,200
- Average return on equity (ROE) among peers: 9.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Swaraj Engines Limited (SWARAJENG) | Rs4.89 Billion | 22.93% | 0.59x | $473.23 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $4.55 Billion | -10.29% | 4.09x | $2.49 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.40 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $103.88 Billion | 15.93% | 0.51x | $5.28 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $13.03 Billion | 30.07% | 1.18x | $970.68 Million |
| Bharat Gears Limited (BHARATGEAR) | $664.75 Million | -2.20% | 3.37x | $17.88 Million |
| Bosch Limited (BOSCHLTD) | $99.73 Billion | 13.75% | 0.40x | $13.88 Billion |
| CEAT Limited (CEATLTD) | $43.76 Billion | 10.80% | 1.56x | $1.66 Billion |
| CIE Automotive India Limited (CIEINDIA) | $46.34 Billion | 7.64% | 0.88x | $1.68 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $7.19 Billion | 5.57% | 2.20x | $2.65 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.51 Billion | 9.28% | 0.16x | $349.33 Million |
About Swaraj Engines Limited
Swaraj Engines Limited manufactures and sells diesel engines and its engine components, hi-tech engine, and spare parts for tractors in India. The company was incorporated in 1985 and is based in Mohali, India. Swaraj Engines Limited is a subsidiary of Mahindra & Mahindra Limited.