Swaraj Engines Reports Strong Financial Results for Q1 FY25, Indicating Positive Growth

Swaraj Engines, a leading manufacturer of diesel engines, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance with a score of 13, a significant improvement from the previous quarter’s score of 2.

One of the key factors contributing to this positive performance is the company’s strong operating cash flow, which has been consistently growing over the past three years. This indicates that Swaraj Engines has been able to generate higher revenues from its business operations.

Another positive aspect of the company’s financials is its dividend per share (DPS), which has been steadily increasing over the past five years. This shows that Swaraj Engines is distributing higher dividends to its shareholders from its profits.

In terms of sales, the company has achieved its highest quarterly net sales of Rs 417.99 crore in the last five quarters, indicating a positive trend in the near term. Similarly, its operating profit (PBDIT) has also reached its highest at Rs 58.24 crore in the last five quarters, showing a positive trend in the near term.

The company’s efficiency has also improved, as seen in its highest quarterly operating profit margin of 13.93% in the last five quarters. Additionally, its profit before tax (PBT) has also shown a positive trend in the near term, reaching its highest at Rs 53.66 crore in the last five quarters.

Swaraj Engines has also been able to increase its profitability, with its highest quarterly profit after tax (PAT) of Rs 43.19 crore in the last five quarters. This has resulted in a higher earnings per share (EPS) of Rs 35.55, indicating that the company has created more value for its shareholders.

Furthermore, the company’s short-term liquidity has improved, with its highest half-yearly cash and cash equivalents of Rs 175.69 crore in the last six periods. This shows that Swaraj Engines has a strong financial position and is able to meet its short-term obligations.

Lastly, the company has also been able to settle its debtors faster, with its highest half-yearly debtors turnover ratio of 11.81 times in the last five periods. This indicates that Swaraj Engines has been efficient in collecting payments from its customers.

Overall, Swaraj Engines has shown a positive financial performance in the quarter ending June 2024, with various factors contributing to its success. With a ‘Buy’ call from MarketsMOJO, the company is poised for continued growth and success in the diesel engine industry.