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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comSwaraj Engines Ltd is a well-established Indian company engaged in the manufacturing of diesel engines, primarily for tractors. The company is a key supplier to the agriculture and farm mechanization segment, which forms the backbone of India’s rural economy. With rising tractor demand, government focus on agriculture, and increasing rural income levels, Swaraj Engines Ltd continues to remain an important player in the agri-equipment value chain.
In this article, we analyze Swaraj Engines Ltd share price targets from 2026 to 2030 based on current market data, business fundamentals, dividend strength, shareholding pattern, and long-term sector trends.
| Detail | Value |
|---|---|
| Open | ₹3,625.00 |
| Previous Close | ₹3,583.70 |
| Day’s High | ₹3,759.00 |
| Day’s Low | ₹3,604.00 |
| VWAP | ₹3,703.32 |
| 52-Week High | ₹4,720.00 |
| 52-Week Low | ₹2,517.00 |
| All-Time High | ₹4,720.00 |
| All-Time Low | ₹58.00 |
| Market Capitalization | ₹4,558 Cr |
| Volume | 24,695 |
| Value (Lacs) | 926.63 |
| 20D Avg Volume | 15,663 |
| 20D Avg Delivery (%) | 43.97% |
| Face Value | ₹10 |
| Book Value Per Share | ₹322.65 |
| Dividend Yield | 2.79% |
| Beta | 1.20 |
| UC Limit | ₹4,300.40 |
| LC Limit | ₹2,867.00 |
A healthy dividend yield of 2.79% and strong delivery percentage indicate long-term investor confidence in the stock.
Swaraj Engines Ltd manufactures diesel engines mainly used in tractors sold under the Swaraj brand. The company’s performance is closely linked to India’s agricultural growth, tractor demand, monsoon patterns, and rural infrastructure development.
Its business model focuses on:
Engine manufacturing for tractors
Strong parentage and long-term customer relationship
High operating efficiency and cash generation
Strong linkage with India’s agriculture sector
Consistent dividend-paying company
Healthy balance sheet and strong cash flows
Stable demand due to tractor replacement cycles
High promoter holding reflecting confidence
| Investor Type | Holding (%) |
|---|---|
| Promoters | 52.12% |
| Retail & Others | 35.00% |
| Mutual Funds | 8.70% |
| Foreign Institutions | 3.15% |
| Other Domestic Institutions | 1.03% |
The presence of mutual funds and institutional investors adds long-term stability to the stock.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 4,200 | 4,600 |
| 2027 | 4,700 | 5,200 |
| 2028 | 5,300 | 5,900 |
| 2029 | 6,000 | 6,700 |
| 2030 | 6,800 | 7,600 |
These estimates factor in steady tractor demand, consistent profitability, dividend strength, and moderate valuation expansion.
By 2026, agricultural demand and tractor sales may remain steady, supporting earnings growth.
Growth Drivers:
Stable tractor demand
Healthy rural income levels
Efficient cost management
Investment View: Suitable for conservative long-term investors.
Improved margins and higher engine volumes could support valuation re-rating.
Growth Drivers:
Better capacity utilization
Strong parent linkage
Continued dividend payouts
Investment View: Positive outlook for income-focused investors.
By 2028, the company may reflect consistent earnings and stable cash flows.
Growth Drivers:
Replacement demand for tractors
Mechanization of agriculture
Strong operating leverage
Investment View: Good for long-term compounding.
As India’s farm sector modernizes, Swaraj Engines could see sustained growth.
Growth Drivers:
Government support for agriculture
Rising mechanization in rural India
Stable profitability
Investment View: Strong long-term holding candidate.
By 2030, Swaraj Engines Ltd may benefit significantly from long-term agricultural growth.
Growth Drivers:
Structural growth in farm equipment demand
Strong balance sheet
Reliable dividend income
Investment View: Ideal for long-term wealth creation with income stability.
Swaraj Engines Ltd is considered a defensive and fundamentally strong stock within the agricultural and auto-ancillary space. While growth may not be aggressive, stability, dividends, and consistent cash flows make it attractive for long-term investors.
Strong promoter holding
Consistent dividend yield
Low business risk
Exposure to essential agriculture sector
Dependence on monsoon and rural demand
Cyclicality in tractor sales
Limited diversification beyond engines
Monitoring tractor industry trends and rural economic indicators is advised.
Swaraj Engines Ltd stands out as a fundamentally strong, dividend-paying company aligned with India’s agricultural growth story. Although short-term fluctuations are possible due to cyclical demand, the long-term outlook remains stable and positive. Based on current fundamentals and sector trends, Swaraj Engines Ltd share price may potentially reach ₹6,800–₹7,600 by 2030.
For investors seeking steady growth, dividends, and lower long-term risk, Swaraj Engines Ltd can be a solid addition to a diversified portfolio.
1. What is the current share price of Swaraj Engines Ltd?
It is around ₹3,600–₹3,750, depending on market movement.
2. What is the Swaraj Engines share price target for 2026?
The expected range is ₹4,200 to ₹4,600.
3. Is Swaraj Engines Ltd good for long-term investment?
Yes, especially for investors seeking stability and dividend income.
4. What is the share price target for 2030?
The projected target range is ₹6,800 to ₹7,600.
5. What factors influence Swaraj Engines’ share price?
Tractor demand, rural income, monsoon trends, dividend performance, and overall market sentiment.
Disclaimer:
This article is for educational purposes only and does not constitute investment advice. Please consult a financial advisor before making investment decisions.
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