Federal-Mogul Goetze (India) Ltd · FMGOETZE
—
—
—
—
—
₹393 Cr
₹410 Cr
₹411 Cr
₹442 Cr
₹415 Cr
₹428 Cr
₹445 Cr
₹464 Cr
₹433 Cr
₹459 Cr
₹484 Cr
₹490 Cr
₹496 Cr
₹489 Cr
—
20-quarter listed-company comparison
Engines Stocks in India
Engines: Kirloskar Industries Ltd owns the largest revenue base; Swaraj Engines Ltd has the fastest current growth.
01 · the index people search for
Nifty Engines Index — Constituents & Performance
The Engines companies below are the listed Indian Engines universe this page tracks — the same constituent set people search for as the Nifty Engines index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
02 · the sector itself · before any single company
How has Engines moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 13% ahead of NIFTY 500. Earnings across its companies grew 21% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 17 weeks running.
FADING · −2 in 4w✓Moving with the index2 of 4 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑17w · 3/4 >200d (−1) · 2/4 lead (−2) · EPS 4/4↑
Engines, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Engines, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Engines, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
03 · sector relative strength, before individual stocks
Is Engines outperforming NIFTY 500?
Engines has underperformed NIFTY 500 by 5.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 12.2%. 3 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Greaves Cotton Ltd is the strongest against the sector itself at +13.3%. Readings are as of 2026-07-19.
+12.2%Sector vs NIFTY 500 · 13 weeks
-5.7%Sector vs NIFTY 500 · 52 weeks
3/4Stocks leading NIFTY 500
2/4Stocks leading sector
Sector metric: 35.4 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Engines has underperformed NIFTY 500 by 5.7% over 52 weeks and 12.2% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself. Kirloskar Industries Ltd leads with revenue of ₹6,938 crore, based on 4 of 4 comparable companies through Mar 2026.
Companies
4
complete canonical membership
Combined market value
₹16.7K Cr
Greaves Cotton Ltd
Revenue growing
4/4
positive TTM year-on-year growth
Beating NIFTY 500
3/4
positive Mansfield relative strength
Comparing 4 of 4
04 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Greaves Cotton Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 75.6% evidence confidence.
Federal-Mogul Goetze (India) Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Greaves Cotton LtdGREAVESCOT | 60.7/100Mixed-positive evidence76% evidence | LEADER | 27.8/35 Revenue 17.8% · PAT 100% · OPM change 1.3 pp 88% evidence | 2.9/25 ROCE 10.1% · OPM 6.8% 100% evidence | 10.0/20 P/E 48.2× · PEG — 0% evidence | 20.0/20 RS sector 13.3% · RS bench 23.9% · 1Y 18.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 27.8 + 2.9 + 10 + 20 = 60.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Federal-Mogul Goetze (India) LtdFMGOETZE | 57.1/100Mixed-positive evidence69% evidence | ASLEEP | 11.3/35 Revenue 8.8% · PAT 4.7% · OPM change -4 pp 83% evidence | 18.4/25 ROCE 18.5% · OPM 17% 76% evidence | 12.9/20 P/E 14.5× · PEG — 35% evidence | 14.5/20 RS sector 4.7% · RS bench 0.5% · 1Y -20.2%7 of 10 weeks ahead 70% evidence |
| Exact sum: 11.3 + 18.4 + 12.9 + 14.5 = 57.1 · Decision use: Price leads the evidence: RS versus the benchmark is 0.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 3Swaraj Engines LtdSWARAJENG | 51.8/100Mixed-positive evidence97% evidence | ASLEEP | 21.7/35 Revenue 20.8% · PAT 18% · OPM change -1 pp 100% evidence | 18.1/25 ROCE 58.4% · OPM 13% 100% evidence | 12.0/20 P/E 21.6× · PEG 1.26 85% evidence | 0.0/20 RS sector -15.1% · RS bench -6.3% · 1Y -13.8%4 of 12 weeks ahead 100% evidence |
| Exact sum: 21.7 + 18.1 + 12 + 0 = 51.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Kirloskar Industries LtdKIRLOSIND | 45.1/100Mixed-negative evidence87% evidence | TURNING | 16.6/35 Revenue 5% · PAT 14.3% · OPM change 0 pp 88% evidence | 8.4/25 ROCE 7% · OPM 12% 100% evidence | 12.1/20 P/E 17.5× · PEG 0.55 85% evidence | 8.0/20 RS sector -5.2% · RS bench 12.9% · 1Y -7.1%8 of 10 weeks ahead 70% evidence |
| Exact sum: 16.6 + 8.4 + 12.1 + 8 = 45.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
05 · what price has already done
Market action
Greaves Cotton Ltd has the strongest one-year price move in Engines at +18.9%. It also leads on Mansfield relative strength against NIFTY at +23.9%. 3 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Engines itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · compare level, then change
Revenue Scale & Growth Durability
Kirloskar Industries Ltd has the highest Revenue among the 4 Engines companies compared here, at ₹6,938 crore. Greaves Cotton Ltd is next at ₹3,437 crore. Swaraj Engines Ltd has the highest Revenue growth at 20.8%, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Kirloskar Industries Ltd is the scale leader at ₹6,938 crore, 101.9% ahead of Greaves Cotton Ltd. Swaraj Engines Ltd's growth is 20.8% from a ₹2,111 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderKirloskar Industries Ltd · ₹6,938 crore
Gap101.9% versus #2 · Greaves Cotton Ltd
Persistence8/8 recent comparable periods
Coverage4/4 companies · 72 observations
Investor read: Kirloskar Industries Ltd is the scale benchmark; Swaraj Engines Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Kirloskar Industries Ltd's growth falls below Swaraj Engines Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
Revenue growthfastest growers
Revenue · company comparison
4/4 level · 4/4 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Kirloskar Industries Ltd KIRLOSIND | ₹1.8K Cr | 4.5% | Mar 2026 |
| Greaves Cotton Ltd GREAVESCOT | ₹1.0K Cr | 22% | Mar 2026 |
| Swaraj Engines Ltd SWARAJENG | ₹588 Cr | 21% | Jun 2026 |
| Federal-Mogul Goetze (India) Ltd FMGOETZE | ₹489 Cr | 6.5% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Greaves Cotton Ltd · GREAVESCOT
₹374 Cr
₹486 Cr
₹621 Cr
₹660 Cr
₹699 Cr
₹514 Cr
₹827 Cr
₹569 Cr
₹727 Cr
₹665 Cr
₹673 Cr
₹640 Cr
₹705 Cr
₹751 Cr
₹823 Cr
₹745 Cr
₹815 Cr
₹875 Cr
₹1.0K Cr
—
Kirloskar Industries Ltd · KIRLOSIND
₹992 Cr
₹943 Cr
₹1.0K Cr
₹1.5K Cr
₹1.8K Cr
₹1.6K Cr
₹1.6K Cr
₹1.5K Cr
₹1.6K Cr
₹1.6K Cr
₹1.7K Cr
₹1.6K Cr
₹1.7K Cr
₹1.6K Cr
₹1.7K Cr
₹1.7K Cr
₹1.8K Cr
₹1.6K Cr
₹1.8K Cr
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Swaraj Engines Ltd · SWARAJENG
₹344 Cr
₹238 Cr
₹242 Cr
₹398 Cr
₹385 Cr
₹279 Cr
₹360 Cr
₹400 Cr
₹389 Cr
₹280 Cr
₹351 Cr
₹418 Cr
₹464 Cr
₹346 Cr
₹454 Cr
₹484 Cr
₹504 Cr
₹473 Cr
₹546 Cr
₹588 Cr
Revenue growth · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
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—
—
—
—
—
—
—
—
5.6%
4.4%
8.3%
5.0%
4.3%
7.2%
8.8%
5.6%
15%
6.5%
—
Greaves Cotton Ltd · GREAVESCOT
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—
—
188%
87%
5.7%
33%
-14%
4.0%
30%
-19%
13%
-2.9%
13%
22%
17%
16%
17%
22%
—
Kirloskar Industries Ltd · KIRLOSIND
—
—
—
82%
83%
70%
51%
-0.5%
-13%
-3.2%
9.9%
3.4%
7.0%
3.9%
1.1%
9.4%
5.6%
0.6%
4.5%
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Swaraj Engines Ltd · SWARAJENG
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—
—
—
12%
17%
49%
0.5%
1.0%
0.4%
-2.5%
4.5%
19%
24%
29%
16%
8.6%
37%
20%
21%
07 · compare level, then change
Operating Economics & Margin Trend
Federal-Mogul Goetze (India) Ltd has the highest OPM among the 4 Engines companies compared here, at 17%. Swaraj Engines Ltd is next at 13%. Greaves Cotton Ltd has the highest Margin change at +1.3 percentage points, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Federal-Mogul Goetze (India) Ltd leads opm at 17%; Greaves Cotton Ltd leads margin change at +1.3 percentage points.
LeaderFederal-Mogul Goetze (India) Ltd · 17%
Gap30.8% versus #2 · Swaraj Engines Ltd
Persistence6/8 recent comparable periods
Coverage4/4 companies · 77 observations
Investor read: Federal-Mogul Goetze (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
Margin changefastest expanders
Operating margin · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Federal-Mogul Goetze (India) Ltd FMGOETZE | 17% | −4.0 pp | Mar 2026 |
| Swaraj Engines Ltd SWARAJENG | 13% | −1.0 pp | Jun 2026 |
| Kirloskar Industries Ltd KIRLOSIND | 12% | 0.0 pp | Mar 2026 |
| Greaves Cotton Ltd GREAVESCOT | 6.8% | +1.3 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
12%
11%
14%
12%
13%
14%
13%
14%
14%
11%
17%
14%
15%
13%
21%
15%
17%
14%
17%
—
Greaves Cotton Ltd · GREAVESCOT
-2.7%
2.6%
6.3%
5.5%
6.0%
0.3%
5.7%
-2.5%
6.3%
5.3%
3.5%
4.3%
3.3%
5.3%
5.6%
7.6%
6.4%
7.1%
6.8%
—
Kirloskar Industries Ltd · KIRLOSIND
21%
14%
10%
12%
13%
15%
14%
14%
17%
15%
14%
11%
13%
11%
12%
13%
13%
11%
12%
—
Swaraj Engines Ltd · SWARAJENG
14%
12%
13%
14%
13%
12%
13%
14%
13%
12%
14%
14%
14%
13%
14%
14%
14%
13%
14%
13%
Margin change · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
−1.4 pp
−7.4 pp
−3.1 pp
+0.3 pp
+0.3 pp
+3.0 pp
−0.8 pp
+2.3 pp
+1.5 pp
−3.0 pp
+4.0 pp
0.0 pp
+1.0 pp
+2.0 pp
+4.0 pp
+1.0 pp
+2.0 pp
+1.0 pp
−4.0 pp
—
Greaves Cotton Ltd · GREAVESCOT
−7.5 pp
−7.4 pp
−1.7 pp
+12.9 pp
+8.7 pp
−2.3 pp
−0.6 pp
−8.0 pp
+0.4 pp
+5.0 pp
−2.2 pp
+6.8 pp
−3.1 pp
−0.0 pp
+2.0 pp
+3.4 pp
+3.1 pp
+1.8 pp
+1.3 pp
—
Kirloskar Industries Ltd · KIRLOSIND
−2.3 pp
−9.4 pp
−15.2 pp
−13.8 pp
−8.6 pp
+0.6 pp
+3.9 pp
+2.5 pp
+4.5 pp
0.0 pp
0.0 pp
−3.0 pp
−4.0 pp
−4.0 pp
−2.0 pp
+2.0 pp
0.0 pp
0.0 pp
0.0 pp
—
Swaraj Engines Ltd · SWARAJENG
+0.2 pp
−1.1 pp
−2.3 pp
−1.3 pp
−0.8 pp
−0.3 pp
+0.2 pp
+0.2 pp
−0.1 pp
0.0 pp
+1.0 pp
0.0 pp
+1.0 pp
+1.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
0.0 pp
−1.0 pp
08 · compare level, then change
Profit Scale & Acceleration
Kirloskar Industries Ltd has the highest Net profit among the 4 Engines companies compared here, at ₹352 crore. Swaraj Engines Ltd is next at ₹203 crore. Greaves Cotton Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Kirloskar Industries Ltd leads with ₹352 crore of TTM profit, 73.4% above Swaraj Engines Ltd. Greaves Cotton Ltd shows ≥100% on the scoring scale growth from a ₹35 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderKirloskar Industries Ltd · ₹352 crore
Gap73.4% versus #2 · Swaraj Engines Ltd
Persistence5/8 recent comparable periods
Coverage4/4 companies · 72 observations
Investor read: Kirloskar Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Kirloskar Industries Ltd KIRLOSIND | ₹110 Cr | 13% | Mar 2026 |
| Swaraj Engines Ltd SWARAJENG | ₹56 Cr | 12% | Jun 2026 |
| Federal-Mogul Goetze (India) Ltd FMGOETZE | ₹51 Cr | -16% | Mar 2026 |
| Greaves Cotton Ltd GREAVESCOT | ₹2 Cr | 44% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
—
—
—
—
—
₹26 Cr
₹34 Cr
₹31 Cr
₹33 Cr
₹26 Cr
₹43 Cr
₹37 Cr
₹41 Cr
₹31 Cr
₹61 Cr
₹45 Cr
₹51 Cr
₹31 Cr
₹51 Cr
—
Greaves Cotton Ltd · GREAVESCOT
₹-23 Cr
₹-6 Cr
₹17 Cr
₹16 Cr
₹32 Cr
₹-6 Cr
₹27 Cr
₹-25 Cr
₹-375 Cr
₹46 Cr
₹-13 Cr
₹-0 Cr
₹-14 Cr
₹7 Cr
₹2 Cr
₹21 Cr
₹6 Cr
₹6 Cr
₹2 Cr
—
Kirloskar Industries Ltd · KIRLOSIND
₹135 Cr
₹85 Cr
₹-44 Cr
₹103 Cr
₹131 Cr
₹133 Cr
₹93 Cr
₹94 Cr
₹91 Cr
₹105 Cr
₹71 Cr
₹66 Cr
₹92 Cr
₹53 Cr
₹97 Cr
₹95 Cr
₹98 Cr
₹49 Cr
₹110 Cr
—
Swaraj Engines Ltd · SWARAJENG
₹34 Cr
₹20 Cr
₹22 Cr
₹40 Cr
₹36 Cr
₹23 Cr
₹35 Cr
₹41 Cr
₹38 Cr
₹24 Cr
₹35 Cr
₹43 Cr
₹45 Cr
₹32 Cr
₹45 Cr
₹50 Cr
₹50 Cr
₹42 Cr
₹55 Cr
₹56 Cr
Profit growth · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
—
—
—
—
—
—
—
—
—
0.0%
26%
19%
24%
19%
42%
22%
24%
0.0%
-16%
—
Greaves Cotton Ltd · GREAVESCOT
—
—
—
—
—
—
60%
-256%
-1,271%
—
-149%
—
—
-85%
—
—
—
-11%
44%
—
Kirloskar Industries Ltd · KIRLOSIND
—
—
—
-27%
-3.0%
56%
—
-8.7%
-31%
-21%
-24%
-30%
1.1%
-50%
37%
44%
6.5%
-7.6%
13%
—
Swaraj Engines Ltd · SWARAJENG
—
—
—
—
5.9%
15%
59%
2.5%
5.6%
4.4%
0.0%
4.9%
18%
33%
29%
16%
11%
31%
22%
12%
09 · compare level, then change
Return On Capital Employed
Swaraj Engines Ltd has the highest ROCE among the 4 Engines companies compared here, at 58.4%. Federal-Mogul Goetze (India) Ltd is next at 18.5%. Greaves Cotton Ltd has the highest ROCE change at +4.8 percentage points, so level and change sit with different companies. 4 of 4 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Swaraj Engines Ltd leads ROCE at 58.4%, 39.9 percentage points above Federal-Mogul Goetze (India) Ltd. Greaves Cotton Ltd has the strongest latest improvement at +4.8 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderSwaraj Engines Ltd · 58.4%
Gap215.7% versus #2 · Federal-Mogul Goetze (India) Ltd
Persistence7/8 recent comparable periods
Coverage4/4 companies · 45 observations
Investor read: Swaraj Engines Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
ROCE changefastest improvers
Return on capital · company comparison
4/4 level · 4/4 change
Withheld from this chart: Federal-Mogul Goetze (India) Ltd (FMGOETZE) — its two data sources disagree by up to 5.5% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Swaraj Engines Ltd SWARAJENG | 58% | +0.8 pp | Jun 2026 |
| Greaves Cotton Ltd GREAVESCOT | 6.7% | +4.8 pp | Mar 2026 |
| Kirloskar Industries Ltd KIRLOSIND | 6.3% | +0.8 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Greaves Cotton Ltd · GREAVESCOT
0.6%
—
-3.2%
—
3.9%
—
3.9%
—
1.3%
-12%
0.4%
-13%
0.5%
3.7%
1.9%
6.8%
5.2%
7.9%
6.7%
—
Kirloskar Industries Ltd · KIRLOSIND
20%
—
13%
—
9.1%
—
—
—
7.5%
10%
8.5%
8.4%
5.8%
5.9%
5.5%
6.6%
5.5%
5.6%
6.3%
—
Swaraj Engines Ltd · SWARAJENG
59%
—
44%
—
51%
—
48%
—
54%
61%
45%
52%
53%
63%
48%
58%
55%
67%
50%
58%
ROCE change · reported quarter history
Greaves Cotton Ltd · GREAVESCOT
—
—
—
—
+3.3 pp
—
+7.1 pp
—
−2.6 pp
—
−3.5 pp
—
−0.8 pp
+15.8 pp
+1.5 pp
+19.3 pp
+4.7 pp
+4.2 pp
+4.8 pp
—
Kirloskar Industries Ltd · KIRLOSIND
—
—
—
—
−11.1 pp
—
—
—
−1.6 pp
—
—
—
−1.7 pp
−4.3 pp
−3.0 pp
−1.8 pp
−0.3 pp
−0.3 pp
+0.8 pp
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Swaraj Engines Ltd · SWARAJENG
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—
—
—
−7.8 pp
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+3.9 pp
—
+2.8 pp
—
−2.6 pp
—
−1.1 pp
+1.7 pp
+3.0 pp
+5.9 pp
+2.2 pp
+4.1 pp
+1.6 pp
+0.8 pp
10 · compare level, then change
Valuation Against Growth & Quality
Kirloskar Industries Ltd has the lowest PEG among the 4 Engines companies compared here, at 0.55×. Swaraj Engines Ltd is next at 1.26×. Federal-Mogul Goetze (India) Ltd has the lowest P/E at 14.5×, so level and change sit with different companies. 2 of 4 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Kirloskar Industries Ltd has the lowest comparable PEG at 0.55×, 56.3% below Swaraj Engines Ltd. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderKirloskar Industries Ltd · 0.55×
Gap56.3% versus #2 · Swaraj Engines Ltd
Persistence0/8 recent comparable periods
Coverage2/4 companies · 18 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
P/Elowest P/E
Valuation · company comparison
2/4 level · 4/4 change
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Greaves Cotton Ltd GREAVESCOT | 25.1 | 27.2 | Mar 2026 |
| Swaraj Engines Ltd SWARAJENG | 1.3 | 24.3 | Jun 2026 |
| Kirloskar Industries Ltd KIRLOSIND | 0.6 | 16.9 | Mar 2026 |
| Federal-Mogul Goetze (India) Ltd FMGOETZE | — | 11.1 | Mar 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Greaves Cotton Ltd · GREAVESCOT
—
—
—
—
—
—
0.7
—
—
—
—
—
—
25.1
—
—
—
—
—
—
Kirloskar Industries Ltd · KIRLOSIND
—
—
—
0.4
—
0.3
—
1.0
0.6
—
—
—
—
—
—
—
—
—
—
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Swaraj Engines Ltd · SWARAJENG
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—
—
0.9
—
—
—
0.9
1.2
1.3
—
—
5.3
3.0
1.0
1.4
1.2
1.3
1.1
1.3
P/E · reported quarter history
Federal-Mogul Goetze (India) Ltd · FMGOETZE
19.4
15.1
27.2
28.3
28.9
23.2
18.9
20.5
18.1
17.0
15.2
19.4
18.5
15.2
12.6
18.0
17.1
13.8
11.1
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Greaves Cotton Ltd · GREAVESCOT
168.9
163.6
-125.2
1,058.8
62.6
58.9
41.2
37.0
50.5
185.3
67.3
75.9
250.9
306.3
447.5
108.5
75.5
42.4
27.2
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Kirloskar Industries Ltd · KIRLOSIND
6.4
5.3
5.7
6.5
9.9
11.7
13.2
14.5
14.8
17.1
21.2
26.7
25.3
22.0
17.9
29.9
26.1
21.4
16.9
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Swaraj Engines Ltd · SWARAJENG
16.6
15.7
13.2
17.8
16.8
16.1
15.5
19.4
17.9
21.5
20.1
25.6
27.9
24.3
30.4
30.1
28.8
24.7
22.0
24.3
11 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Engines comparison names 6 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 1 has second-feed figures withheld because the two sources disagree. 1 of the 5 ranked sections has fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 4 Engines companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing3 cross-checked · 0 unverified · 1 withheld, of 4 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
13 · questions investors ask, short speakable answers
Engines company comparison FAQs
These 23 answers restate the Engines comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Engines sector outperforming NIFTY 500?
Engines has underperformed NIFTY 500 by 5.7% over 52 weeks and 12.2% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself.
Which Engines company is largest by revenue?
Kirloskar Industries Ltd leads with revenue of ₹6,938 crore, based on 4 of 4 comparable companies through Mar 2026.
Which Engines company is growing fastest?
Swaraj Engines Ltd has the fastest current revenue growth at 20.8%, across 4 of 4 comparable companies.
Which Engines company has the strongest 4-Factor Sector Score?
Greaves Cotton Ltd ranks first at 60.7/100 with 75.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Engines company has the lowest comparable PEG?
Kirloskar Industries Ltd has the lowest comparable PEG at 0.55, among 2 of 4 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Engines comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
What is the Nifty Engines index?
The Nifty Engines index tracks India's listed Engines companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Engines sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Engines stocks in India?
Ranked by this page's four-factor score, Greaves Cotton Ltd places first among 4 listed Engines companies, followed by Federal-Mogul Goetze (India) Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Engines stocks are listed in India?
This comparison covers 4 listed Engines companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Engines company is the biggest?
Kirloskar Industries Ltd is the largest, with trailing-twelve-month revenue of ₹6,938 crore, ahead of Greaves Cotton Ltd at ₹3,437 crore. That covers 4 of 4 companies with comparable reporting through Mar 2026.
Which Engines company has the best profit margins?
Federal-Mogul Goetze (India) Ltd has the highest operating margin at 17%, from 4 of 4 comparable companies. Greaves Cotton Ltd shows the biggest recent improvement, at +1.3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Engines company makes the most profit?
Kirloskar Industries Ltd earns the most, at ₹352 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. Greaves Cotton Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Engines company earns the highest return on capital?
Swaraj Engines Ltd leads on return on capital employed at 58.4%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Engines stock is the cheapest?
On PEG — where a LOWER number is cheaper — Kirloskar Industries Ltd screens cheapest at 0.55×. Only 2 of 4 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Engines sector beating the market?
Engines has underperformed NIFTY 500 by 5.7% over the last 52 weeks and 12.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Engines stock has the strongest price momentum?
Greaves Cotton Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Engines company scores highest for research priority?
Greaves Cotton Ltd scores 60.7 out of 100 with 75.6% evidence confidence, from 27.8 points on growth and earnings, 2.9 on capital efficiency, 10 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Engines companies does this comparison cover, and over what period?
It compares 4 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Engines sector?
The 4 Engines companies on this page carry ₹16,735 crore of combined market value. Greaves Cotton Ltd is the largest at ₹5,545 crore, about 33% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
How is the Engines sector performing?
3 of the 4 covered Engines companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 5.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.