Punjab Tractors Ltd. (PTL)

Punjab Tractors Limited, the flagship company of Swaraj Enterprise, exports the much in demand 'Swaraj 855' tractors to the US. The company also exports its premium products to the US. In 2004, PTL launched its 7th & 8th tractor models which was developed by its own R&D.

Quick Facts

Year of Establishment 1970
Business Group Swaraj Enterprise
Listings & its codes NSE: PUNJABTRAC; BSE: 500344; Reuters: PTRA.BO
Registered Office + Works Phase IV, Industrial Area
S.A.S. Nagar (Mohali), 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

Product Lines of Punjab Tractors

  • Tractors-9 Models, Widest Range
  • Harvester Combines
  • Automotive Castings
  • Engineering Exports
  • Light Commercial Trucks
  • Mini Buses & Ambulances
  • Diesel Engines
  • Automotive Seatings & Components

Shareholding Pattern of Punjab Tractors

Equity Shareholding Pattern as an 31st March, 2006

1 LIC / GIC / IFCI 30.84%
2 Actis/CDC & Associates 29.26%
3 A.CEE Enterprises & its Associates (Dabur group) 12.07%
4 Mutual Funds / Nationalised Banks 9.43%
5 Other FIIs 1.95%
6 Public 16.45%

Share Prices of Punjab Tractors over Years

YEAR HIGH LOW
1991 290 140
1992 550* 205**
1993 410 205
1994 500 320
1995 499 345
1996 834* 360**
1997 790 421
1998 964 483
1999 1539 790
2000 1175* 157***
2001 238 125
2002 187 108
2003 263 117
2004 252 176
2005 230 156
2006 (Upto May) 293 213

Domestic Territorial Market Share and Dealer Network (Year End)

Territory Swaraj Market Share No. of Dealers as on
31-03-05
North (Punjab, Haryana & Uttar Pradesh) 13.5% 169
Central (Madhya Pradesh & Rajasthan) 8.4% 86
East (Bihar, West Bengal, Orissa & Assam) 13.0% 53
West (Gujarat & Maharashtra) 13.8% 60
South (Andhra Pradesh, Tamil Nadu, Karnataka & Kerala) 11.1% 65
Total 11.8% 433

Segment wise

HP Range No. of Models %age of Swaraj Sales Swaraj Share in Segment
Upto 30 HP 4 25% 15%
31 - 40 HP 2 53% 12%
Above 40 HP 3 22% 7%

Company Flashback:

Punjab Tractors Ltd. was established in the year 1970. Between 1971-73, PTL set up SWARAJ Project for 5,000 tractors per annum at a capital outlay of Rs. 37.0 million. The equity base was Rs 11.0 million. In 1974 Swaraj 724 (26.5 HP) tractor was commercially introduced. Its second tractor model, SWARAJ 735(39 HP) was developed by its own R&D and was commercially introduced in 1975.

Punjab Tractors Ltd. was established in the year 1970. Between 1971-73, PTL set up SWARAJ Project for 5,000 tractors per annum at a capital outlay of Rs. 37.0 million. The equity base was Rs 11.0 million. In 1974 Swaraj 724 (26.5 HP) tractor was commercially introduced. Its second tractor model, SWARAJ 735(39 HP) was developed by its own R&D and was commercially introduced in 1975.