1045% Dividend Declared: M&M-Owned Smallcap Stock Announces Bumper Dividend, Q4 PAT Jumps 29% YoY, Do You Own?

Swaraj Engines Dividend Declared: Mahindra & Mahindra-owned Swaraj Engines announced a whopping 1045% dividend for the financial year 2024-25 on Wednesday. The smallcap stock surged to a 52-week high on BSE after dividend declaration and the announcement of Q4FY25 results.

Swaraj Engines reported a 29% YoY increase in its net profit for the March quarter of the financial year 2024-25. The BSE SmallCap firm posted a net profit of Rs 45.42 crore for the quarter under review, which was nearly 29% higher than Rs 35.18 crore reported during the same quarter in previous financial year.

Swaraj Engines Dividend

The company announced a dividend of Rs 104.5 per share on Wednesday. The declared dividend was 1045% higher than the company scrip's face value, which is Rs
10.
"The Board, while approving the annual accounts, has recommended an equity dividend of Rs. 104·50 per share) for the financial year ended 31st March, 2025," said Swaraj Engines in its BSE filing on Wednesday, April 16.

Swaraj Engines Dividend: How To Become Eligible?

For investors willing to get the benefit of Swaraj Engines dividend, it is important for them to own the shares on or before the record date, which is yet to be confirmed by the company. Investors who will purchase the stock after dividend record date may lose on the dividend payout.

Swaraj Engines AGM

The BSE filing didn't mention about Swaraj Engines Dividend record date or payment date. As per the filing, the Register of Members of Share Transfer Books will remain shut from 28 June to 4 July. The dividend, if approved will be paid or dispatched after 15 July within the fixed timelines. The company may confirm Swaraj Engines dividend payment and dividend record date after its AGM, set to take place on 28 June.

Swaraj Engines Shares Hit 52-Week High

Shares of Swaraj Engines hit a 52-week high of Rs 4,478.60 per share on BSE on Wednesday. Its market capitalisation stood at Rs 5,091.12 crore on BSE. The company scrip value has increased 39.62% year to date (YTD) whereas and by 37.9% in one month. Swaraj Engines shares

Swaraj Engines Q4FY25 Results

Swaraj Engines reported a 29% YoY increase in its net profit to Rs 45 crore in the fourth quarter of the financial year 2024-25. The company had reported a net profit of Rs 35 crore in the year-ago period. Its revenue from operations increased sequentially to Rs 454 crore from Rs 345 crore reported in the December quarter. The company's earnings per share stood at Rs 37.39 against Rs 26.30 per share on the BSE on Friday.

The earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) jumped nearly 29% annually to Rs 62 crore. Whereas, its EBITDA margins widened to 13.6%. Mahindra and Mahindra owns nearly 52.1% stake in Swaraj Engines.

According to Screener, Swaraj Engines, formed in 1989, is a diesel engines manufacturing company. It has a strong presence in the tractors engine manufacturing sector, especially in the range of 22 HP. In 2022, Mahindra & Mahindra striked deal with Kirloskar Industries Limited for Rs 300 to acquire 17.41% or more stake in Swaraj Engines limited. After completion of the deal, M&M's stake in Swaraj Engines increased to 52.13%, which made latter a subsidiary of the group founded by Anand Mahindra.