Kirloskar Electric Company Ltd
Incorporated in 1946, Kirloskar Electric Company Ltd manufactures and sells electric motors, alternators, generators, transformers, switchgear, DG sets, etc.[1]
- Market Cap ₹ 791 Cr.
- Current Price ₹ 117
- High / Low ₹ 148 / 74.9
- Stock P/E 48.7
- Book Value ₹ 19.9
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 11.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 10.2% over last 3 years.
- Promoters have pledged 75.3% of their holding.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 511 | 548 | 572 | 370 | 294 | 314 | 278 | 335 | 474 | 557 | 544 | 589 | |
| 589 | 530 | 582 | 419 | 326 | 369 | 356 | 350 | 437 | 521 | 515 | 554 | |
| Operating Profit | -78 | 18 | -11 | -48 | -32 | -55 | -78 | -16 | 36 | 37 | 29 | 36 |
| OPM % | -15% | 3% | -2% | -13% | -11% | -17% | -28% | -5% | 8% | 7% | 5% | 6% |
| 3 | 4 | 27 | 15 | 59 | 9 | 4 | 108 | 16 | 8 | 17 | 3 | |
| Interest | 44 | 42 | 32 | 33 | 38 | 34 | 28 | 29 | 21 | 25 | 23 | 25 |
| Depreciation | 11 | 11 | 11 | 11 | 8 | 6 | 5 | 5 | 5 | 5 | 5 | 4 |
| Profit before tax | -130 | -31 | -27 | -77 | -19 | -86 | -108 | 58 | 26 | 15 | 17 | 9 |
| Tax % | 0% | 0% | -0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 3% |
| -130 | -31 | -27 | -77 | -19 | -86 | -108 | 58 | 26 | 15 | 17 | 8 | |
| EPS in Rs | -24.40 | -5.59 | -4.12 | -11.57 | -2.80 | -12.95 | -16.24 | 8.76 | 3.90 | 2.28 | 2.60 | 1.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 16% |
| 3 Years: | 8% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 17% |
| 3 Years: | -12% |
| TTM: | 120% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 43% |
| 3 Years: | -2% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | -28% |
| 5 Years: | 3% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 53 | 56 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |
| Reserves | -21 | -47 | 212 | 137 | 69 | -18 | 3 | 37 | 47 | 39 | 85 | 66 |
| 229 | 231 | 214 | 241 | 204 | 175 | 170 | 133 | 125 | 118 | 107 | 100 | |
| 326 | 348 | 380 | 316 | 292 | 333 | 400 | 392 | 383 | 426 | 365 | 401 | |
| Total Liabilities | 587 | 588 | 873 | 760 | 632 | 557 | 640 | 628 | 622 | 649 | 624 | 634 |
| 90 | 85 | 409 | 400 | 323 | 318 | 481 | 442 | 439 | 438 | 435 | 437 | |
| CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 |
| Investments | 65 | 65 | 67 | 71 | 71 | 71 | 10 | 10 | 10 | 11 | 11 | 2 |
| 430 | 438 | 396 | 289 | 238 | 168 | 148 | 176 | 171 | 200 | 178 | 195 | |
| Total Assets | 587 | 588 | 873 | 760 | 632 | 557 | 640 | 628 | 622 | 649 | 624 | 634 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15 | 9 | 24 | 23 | -7 | 48 | 37 | 24 | 10 | 36 | 37 | 26 | |
| -24 | 15 | -4 | -2 | 62 | -0 | -7 | 103 | -2 | -2 | -2 | 17 | |
| 2 | -16 | -27 | -21 | -58 | -51 | -29 | -97 | -32 | -31 | -35 | -41 | |
| Net Cash Flow | -36 | 9 | -7 | -0 | -2 | -3 | 1 | 30 | -24 | 4 | 0 | 2 |
| Free Cash Flow | -15 | 9 | 24 | 23 | 51 | 47 | 35 | 59 | 8 | 34 | 33 | 37 |
| CFO/OP | 19% | 50% | -226% | -47% | 19% | -84% | -46% | -163% | 28% | 96% | 131% | 77% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59 | 70 | 72 | 39 | 21 | 35 | 31 | 16 | 23 | 42 | 40 | 52 |
| Inventory Days | 83 | 87 | 63 | 70 | 78 | 86 | 75 | 71 | 60 | 46 | 44 | 48 |
| Days Payable | 170 | 162 | 170 | 188 | 200 | 216 | 252 | 227 | 187 | 174 | 171 | 164 |
| Cash Conversion Cycle | -27 | -6 | -35 | -80 | -100 | -94 | -146 | -141 | -103 | -86 | -87 | -64 |
| Working Capital Days | -141 | -135 | -142 | -306 | -218 | -335 | -479 | -380 | -231 | -186 | -176 | -163 |
| ROCE % | -27% | -4% | 1% | -9% | -9% | -20% | -34% | -6% | 19% | 17% | 13% | 17% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export of goods (FOB value) INR lakh |
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| Power Generation and Distribution Group segment revenue INR lakh |
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| Rotating Machines Group segment revenue INR lakh |
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| Order book INR crore |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consider The Proposal For Fund Raising By Issuance Of Equity Shares Of The Company By Way Of Preferential Issue Or Any Other Methods And Other Matters.
4h - Board meets July 16, 2026 to consider equity fund raising and shareholder approval process.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Submitted RTA confirmation certificate for dematerialization quarter ended June 30, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1 Jul - Ms. Irene J. Pereira appointed Vice President Human Resources Transformation on July 1, 2026.
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Closure of Trading Window
26 Jun - Trading window closes from July 1, 2026 until 48 hours after Q1 FY27 results.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 May - Kirloskar Electric reported FY26 audited results; Q4 revenue rose 26.67% to ₹163.57 crore.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
Concalls
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Sep 2024TranscriptPPT
Diversified Electrical Equipment Manufacturer[1][2]
KECL is engaged in manufacturing a broad range of electrical capital equipment, including AC/DC motors, EV motors, alternators, AC generators, switchgears, transformers, and DG sets. Its operations are organized into four key product groups:
a) Transformer and Distribution Group
b) Large Machine Group
c) Low Voltage Machine Group
d) Power Generation Group
Each group offers a diverse portfolio of specialized products. KECL also caters to the evolving electric mobility sector by supplying motors for electric vehicles and provides customized electrical solutions tailored to specific client requirements.