Swaraj Engines Ltd.

NSE: SWARAJENG | BSE: 500407 | ISIN: INE277A01016 | Industry: Auto Parts & Equipment
| Mid-range Performer

3712.70
0.79%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Swaraj Engines (SEL) reported a steady Q1FY19 performance with engine sales volume coming in at 26,742 units, up 14.8% YoY This lags the tractor volume growth of ~19% at its parent in the corresponding period, signalling some loss of market share by Swaraj brand of tractors in the domestic market Consequent sales in Q1FY19 were at | 264.5 crore, up 20.9% YoY EBITDA in Q1FY19 was at | 36.6 crore with corresponding EBITDA...
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