Swaraj Mazda Ltd.

Swaraj Mazda is a joint venture of Swaraj Enterprise and Mazda of . Swaraj symbolises best Indian technology and engineering, and Mazda has R&D and innovation edge on global scale. The company produces vehicles for goods and passenger applications, such as Bus, Ambulance, Water Tanks, Trucks, etc.

Quick Facts

Year of Establishment	1983 as SWARAJ Vehicles Ltd. (SVL)
Business Group	Swaraj Enterprise
Listings & its codes	NSE: SWARAJMAZD; BSE: 505192
Registered Office + Works	Village Asron Distt. Nawanshahar-141 001 Punjab
Corporate Office	S.C.O. 204-205 Sector 34-A Chandigarh- 160022 Tel.: +(91)-(172)-2647700 to 10 Fax: +(91)-(172)-2615111
Website	www.swarajenterprise.com

Shareholding Pattern of Swaraj Mazda

Equity Shareholding Pattern as on 31st March, 2006

	2005-2006	2004-2005
		% of Shareholding
1)	Punjab Tractors Ltd. (PTL)	14.04
2)	Sumitomo Corporation, Japan	41.03
3)	Mutual Funds/Nationalised Banks	7.97
4)	FIIs	9.31
5)	Public	27.65

Products

Bus
School Bus
CNG Bus
Ambulance
Water Tanks
Trucks

Milestones

1983	SWARAJ Vehicles Ltd. (SVL) was incorporated in July.
1984	Joint venture (JV) and technical assistance concluded between Punjab Tractors Limited and Mazda Motor Corporation & Sumitomo Corporation of Japan.
1985	Setup of project with the capacity of 5,000 LCV's at a capital outlay of Rs 200 million. Equity of Rs. 105 million was subscribed by: PUNJAB TRACTORS LTD. - 29.0% - 30.4 million MAZDA MOTOR CORPN. JAPAN - 15.6% - 16.4 million SUMITOMO CORPN. JAPAN - 10.4% - 10.9 million PUBLIC - 45.0% - 47.3 million The trial production and test marketing of SWARAJ Mazda Truck WT- 48, WT - 49 and WT - 50 LCV's was commenced.
1986	Commercial operations started.
1987	Introduced indigenously developed bus.
1990	In-house developed the Second truck Model (SWARAJ MAZDA Super) and it was launched.
1991	Transmission components indigenized.
1992	Trucks supplies to Ministry of Defence (MOD) commenced. 500 vehicles supplied to Defence.
1993	The Third truck Model (SWARAJ MAZDA Premium) was launched.
1994	Declared a Sick company under SICA (because of the devaluation of Rupee in 1991-93)
1995	BIFR approves Rehabilitation Scheme.
1996	Four-Wheel drive truck was developed.
1998	Complete wipe-off of accumulated losses.
1999	Bharat Stage - 1 Emission Norms complied.
2000	Maiden Dividend declared @10%.The Technical Assistance agreement extended with Mazda upto October 2004.
2001	Cummulative sales crosses 50,000 vehicles. Four-Wheel Drive ambulance was launched in March. Economy Truck "SARTAJ" was launched in August. CNG Bus for NCR Delhi launched in October. Bharat Stage - II Emission Norms compiled.
2002	Profit Before Tax (PBT) for FY - 2002 crossed Rs 100 million mark. Dividend raised to 25%.
2003	Cumulative vehicle sales reached 68,000. Profit before tax (PBT) for FY - 2003 grows 115% to Rs 225 million. Dividend enhanced to 45%.

Company Flashback

Started as Swaraj Vahicles Ltd. (SVL), the company Swaraj Mazda Ltd. was promoted in 1984 in technical and financial collaboration with Mazda Motor Corporation and Sumitomo Corporation, Japan for manufacture of Light Commercial Vehicles (LCVs). It represents two powerful brands, Swaraj, which symbolizes best Indian technology and engineering, and Mazda, symbolizing R&D and innovation edge on global scale.

Currently Swaraj Majda manufactures vehicles for goods and passenger applications. Over the years the company has built up a wide product portfolio that has covered regular as well as niche segment needs. Swaraj Mazda Vehicle population today stands more than 70,000.