De Nora India Ltd vs Swaraj Engines Ltd Stock Comparison

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Last Updated on: May 09, 2026

Key Highlights

The Latest Trading Price of DE Nora India Ltd is ₹ 758.8 as of 08 May 15:30 . The P/E Ratio of DE Nora India Ltd changed from 23.6 on March 2021 to 213.3 on March 2025 . This represents a CAGR of 55.32% over 5 yearsThe P/E Ratio of Swaraj Engines Ltd changed from 17.2 on March 2021 to 28.5 on March 2025 . This represents a CAGR of 10.63% over 5 years The Market Cap of DE Nora India Ltd changed from ₹ 133.31 crore on March 2021 to ₹ 361.37 crore on March 2025 . This represents a CAGR of 22.07% over 5 yearsThe Market Cap of Swaraj Engines Ltd changed from ₹ 1592 crore on March 2021 to ₹ 4727 crore on March 2025 . This represents a CAGR of 24.31% over 5 years The revenue of DE Nora India Ltd for the Mar '26 is ₹ 23.84 crore as compare to the Dec '25 revenue of ₹ 37.27 crore. This represent the decline of -36.03% The revenue of Swaraj Engines Ltd for the Mar '26 is ₹ 549.48 crore as compare to the Dec '25 revenue of ₹ 476.94 crore. This represent the growth of 15.21% The ebitda of DE Nora India Ltd for the Mar '26 is ₹ -0.4 crore as compare to the Dec '25 ebitda of ₹ 3.91 crore. This represent the decline of -110% The ebitda of Swaraj Engines Ltd for the Mar '26 is ₹ 78.7 crore as compare to the Dec '25 ebitda of ₹ 62.32 crore. This represent the growth of 26.28% The net profit of DE Nora India Ltd changed from ₹ 2.88 crore to ₹ -0.64 crore over 8 quarters. This represents a CAGR of NaN% The net profit of Swaraj Engines Ltd changed from ₹ 43.19 crore to ₹ 54.56 crore over 8 quarters. This represents a CAGR of 12.39% The Dividend Payout of DE Nora India Ltd changed from 9.4 % on March 2021 to 0 % on March 2025 . This represents a CAGR of -100.00% over 5 yearsThe Dividend Payout of Swaraj Engines Ltd changed from 90.52 % on March 2021 to 76.5 % on March 2025 . This represents a CAGR of -3.31% over 5 years .

About DE Nora India Ltd

De Nora India Limited (DNIL) was incorporated in June 1989 as Titanor Components Limited and commenced business in November 1989.
The Company's name was changed from Titanor to De Nora on 27th June 2007.
The Company has its manufacturing facilities at Kundaim, Goa and is involved in the business of manufacturing and servicing of Electrolytic products. The Company is engaged in the manufacture and coating of anode and cathode for electrolytic process for application in the chlor-alkali & chlorate plants, cathodic protection systems, Electrochlorinators and manufacture and marketing of EMEWr Electrowinning Cells Equipments.
All these applications come under the field of Electrolytic Processes.
DNIL was set up with technical and financial collaboration of 'Gruppo De Nora' of Italy, a world market leader in this segment.

About Swaraj Engines Ltd

Swaraj Engines Limited (SEL) is primarily manufacturing diesel engines for fitment into 'Swaraj' tractors being manufactured by Mahindra & Mahindra Ltd. (M&M).
SEL is supplying diesel Engines in the range of 20 HP to 65 HP. Since the start of commercial operations in 1989-90, Company has supplied around 1.76 million engines for fitment into 'Swaraj' tractors.
Mahindra & Mahindra Limited (M&M) is the holding Company of the Company and holds 52.12% of the paid-up capital equity share capital of the Company as on 31st March, 2025. Swaraj Engines Ltd, a Joint Venture between Punjab Tractors Ltd and Kirloskar Engines was set up primarily to manufacture engines for supply to Punjab Tractors.
The Company was incorporated in September, 1985 under the Management Control of Punjab Tractors to Manufacture and market diesel engines ranging from 15hp to 80hp.

FAQs for the comparison of DE Nora India Ltd and Swaraj Engines Ltd

Which company has a larger market capitalization, DE Nora India Ltd or Swaraj Engines Ltd?

Market cap of DE Nora India Ltd is 402 Cr while Market cap of Swaraj Engines Ltd is 4,859 Cr

What are the key factors driving the stock performance of DE Nora India Ltd and Swaraj Engines Ltd?

The stock performance of DE Nora India Ltd and Swaraj Engines Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for DE Nora India Ltd and Swaraj Engines Ltd?

As of May 9, 2026, the DE Nora India Ltd stock price is INR ₹758.8. On the other hand, Swaraj Engines Ltd stock price is INR ₹4000.0.

How do dividend payouts of DE Nora India Ltd and Swaraj Engines Ltd compare?

To compare the dividend payouts of DE Nora India Ltd and Swaraj Engines Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.