SWARAJENG
Swaraj Engines Limited
Each stock's 10,000-path forecast, rendered as light.
Swaraj Engines Limited (SWARAJENG) Stock Analysis & Case Study
Is SWARAJENG a good buy? The data-driven verdict.
Swaraj Engines Limited (SWARAJENG) trades at ₹3,600,on the numbers it screens attractive, a Downstox Snapshot Score of 72/100.
On the numbers, Swaraj Engines Limited (SWARAJENG) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 21.4× earnings, ROE of 43.6%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
SWARAJENG fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SWARAJENG ranks against the 2,373 companies in our screener
- SWARAJENG's market cap of 4,374 Cr ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's book value of ₹402 ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's promoter holding of 52.1% ranks in the 36th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's 3-year profit (PAT) growth of 14.0% ranks in the 48th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's 3-year revenue growth of 12.0% ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a debt-to-equity ratio figure for SWARAJENG, as of 9 Aug 2026, so it is not ranked here.
Is SWARAJENG overvalued? SWARAJENG P/E vs peers
SWARAJENG trades at 21.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
SWARAJENG share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of SWARAJENG history (12%/yr drift, 34%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SWARAJENG 2027 | ₹2,395 | ₹3,739 | ₹5,835 | +4% |
| SWARAJENG 2028 | ₹2,070 | ₹3,882 | ₹7,279 | +8% |
| SWARAJENG 2029 | ₹1,884 | ₹4,031 | ₹8,626 | +12% |
| SWARAJENG 2030 | ₹1,709 | ₹4,186 | ₹10,254 | +16% |
| SWARAJENG 2031 | ₹1,616 | ₹4,346 | ₹11,688 | +21% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SWARAJENG goes up, or doubles?
The bull case for SWARAJENG
- SWARAJENG's P/E of 21.4x is lower than 60% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's return on equity of 43.6% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's return on capital employed of 58.4% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SWARAJENG's dividend yield of 3.1% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹8,626.
The bear case & risks
- A steep 9.0× price-to-book means most of the value is intangible/expectations, not assets on the books.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,884.
SWARAJENG volatility & expected range, how bumpy is the ride?
Over the last 9.8 years SWARAJENG compounded at 12%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹2,395-₹5,835, the honest backbone behind any single price target.
SWARAJENG price forecast, the full 60-month probability fan
SWARAJENG price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds SWARAJENG hits common targets within the simulated horizon?
Full multi-horizon detail on the SWARAJENG price target & forecast page.
SWARAJENG Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SWARAJENG scores 6/8, mixed financial health.
SWARAJENG MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy SWARAJENG with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| ZerodhaCHEAPEST | 29.12% | 3.4× |
| Groww | 60.00% | 1.7× |
| Dhan | 30.00% | 3.3× |
| Kotak Neo | 34.97% | 2.9× |
| Paytm Money | 29.38% | 3.4× |
| Pocketful | 29.55% | 3.4× |
| Anand RathiCHEAPEST | 29.12% | 3.4× |
| Bajaj Broking | 35.00% | 2.9× |
| Share India | 29.24% | 3.4× |
Compare every broker on the SWARAJENG MTF page.
About Swaraj Engines Limited: sector, index & market-cap context
Swaraj Engines Limited (SWARAJENG) is a small-cap NSE-listed company, with a market capitalisation of ₹4,374 Cr. See more stocks on our screener.
How the SWARAJENG Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Swaraj Engines Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
SWARAJENG analysis, FAQs
Is Swaraj Engines Limited (SWARAJENG) a good buy?
On the numbers, Swaraj Engines Limited (SWARAJENG) screens attractive, a Downstox Snapshot Score of 72/100, weighing fairly valued at 21.4× earnings, ROE of 43.6%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SWARAJENG overvalued or undervalued?
SWARAJENG trades at 21.4× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the SWARAJENG share price target for 2031?
SWARAJENG's probability-weighted 2031 median target is ₹4,346, with an 80% range of ₹1,616-₹11,688 (10,000-path Monte-Carlo).
What is the probability SWARAJENG doubles in 5 years?
The modelled probability of SWARAJENG reaching ₹7,201 (2×) within 5 years is 25%.
What is the bull case for SWARAJENG?
SWARAJENG's P/E of 21.4x is lower than 60% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SWARAJENG's return on equity of 43.6% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SWARAJENG's return on capital employed of 58.4% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in SWARAJENG?
A steep 9.0× price-to-book means most of the value is intangible/expectations, not assets on the books.