Swaraj Engines final dividend 2026: ₹110 record date

Dividend announcement puts Swaraj Engines in focus

Swaraj Engines Ltd., a key Indian diesel engine maker, has announced a high final dividend for the financial year ended March 31, 2026. The company has also fixed the record date to identify eligible shareholders for the payout. With the ex-dividend date and record date falling on the same day, the stock is expected to remain on investor watchlists during the week.

The board has recommended a final dividend of ₹110 per equity share. This recommendation is subject to shareholder approval at the company’s upcoming annual general meeting (AGM). If approved, the dividend will be paid or dispatched after the AGM, within the stipulated timelines.

Final dividend: ₹110 per share, face value ₹10

Swaraj Engines’ equity shares have a face value of ₹10 per share. The board has recommended a 1100% final dividend, which translates to ₹110 per share. The company’s filings and dividend trackers also show the dividend per share as ₹110.00.

For investors, the headline number matters because it is materially higher than typical per-share dividends in the market. It also places Swaraj Engines among the companies with the highest final dividend announcements for the week ending July 3, 2026, according to the BSE’s ex-dividend schedule.

Record date, ex-dividend date, and eligibility rules

The company has fixed Friday, July 3, 2026 as the record date to determine shareholder entitlement for the final dividend. The ex-dividend date is also listed as July 3, 2026.

This means shareholders who own Swaraj Engines shares on or before the record date are eligible to receive the dividend, subject to approval at the AGM. Investors who purchase shares on or after the ex-dividend date will not be entitled to the payout.

Dividend trackers have also indicated that investors can expect the dividend to be credited to the bank account linked to the Demat account within 25 to 45 business days after the record date.

AGM schedule and when the dividend may be paid

Swaraj Engines has stated that the dividend is subject to shareholder approval at the 40th AGM. The 40th AGM is scheduled for Monday, July 20, 2026, at 12:30 P.M., and will be held through video conferencing and other audio-visual means.

As per the regulatory filing, if shareholders approve the dividend at the AGM, the company will pay or dispatch the dividend after July 20, 2026, within the stipulated timeline.

FY26 profit and revenue growth support the payout

Alongside the dividend recommendation, the company reported higher full-year profitability. For FY26, net profit rose 18.3% year-on-year to ₹196.31 crore, compared with ₹165.98 crore in the previous year.

Net operating revenue for the full year increased 19.3% to ₹2,007.13 crore, up from ₹1,681.89 crore in FY25. The company also reported an improvement in earnings per share (EPS), with EPS rising to ₹161.60 from ₹136.64.

Record engine sales during the year

Swaraj Engines reported its highest-ever engine sales for the year, selling 2,02,771 engines. The company said this represented 20.1% growth.

The engine sales milestone is a key operating datapoint because it links the year’s financial performance to volumes. It also provides context for why the company is able to recommend a large final dividend for FY26.

How Swaraj Engines’ dividend compares with its recent history

The ₹110 per share final dividend follows a series of strong payouts in recent years. The company distributed a final dividend of ₹104.50 per share on June 27, 2025. Before that, it paid ₹95 on June 28, 2024, ₹92 on July 7, 2023, and ₹80 on June 30, 2022.

This track record is relevant for shareholders tracking consistency and the company’s approach to returning cash. The current recommendation also coincides with a year of higher revenue, profit, and EPS.

Stock action and the broader ex-dividend calendar

Swaraj Engines was among a list of companies expected to remain in focus during the week from June 29, 2026 to July 3, 2026, as several stocks are scheduled to trade ex-dividend. The list includes Mahindra and Mahindra, Tech Mahindra, Bajaj Finance, Bajaj Finserv, Bajaj Holdings and Investment, SKF India, Maharashtra Scooters, Thermax, Escorts Kubota, Bharat Forge, and Union Bank of India, among others.

On the market performance side, Swaraj Engines stock closed 0.75% lower on the NSE on Monday, compared with a 0.86% decline in the Nifty index. The stock was reported to be up 9.20% year-to-date and up 0.96% over the last 12 months.

Unclaimed dividends and IEPF transfer note

Swaraj Engines also announced the transfer of equity shares to the Investor Education and Protection Fund (IEPF) on September 4, 2026. This is linked to dividends remaining unclaimed for seven consecutive years.

For long-term investors, this is a practical reminder to keep bank and address details updated in Demat records and to track dividend credits, especially when a company has a history of regular payouts.

Key facts at a glance

Dividend history (final dividend per share)

What investors should track next

The next concrete milestone is shareholder approval at the 40th AGM on July 20, 2026. The record date and ex-dividend date are both set as July 3, 2026, which determines who qualifies for the payout.

If approved, the dividend will be paid or dispatched after the AGM, within the stipulated timeline. Investors tracking the payout should also watch for the credit timeline referenced by dividend trackers, which indicates 25 to 45 business days after the record date.