Kirloskar Brothers Ltd
Kirloskar Brothers is a part of the Kirloskar Group engaged in the business of engineering and manufacturing of systems for fluid management. The core businesses include large infrastructure projects (Water Supply, Power Plants, and Irrigation), Pumps, Valves, Motors and Hydro turbines. [1] [2]
- Market Cap ₹ 15,262 Cr.
- Current Price ₹ 1,922
- High / Low ₹ 2,192 / 1,333
- Stock P/E 55.3
- Book Value ₹ 233
- Dividend Yield 0.36 %
- ROCE 20.3 %
- ROE 15.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 21.4%
- Debtor days have improved from 49.0 to 38.4 days.
Cons
- Stock is trading at 8.26 times its book value
- The company has delivered a poor sales growth of 9.46% over past five years.
* 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.
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,611 | 1,639 | 1,735 | 1,935 | 2,223 | 2,097 | 1,800 | 2,166 | 2,540 | 2,720 | 2,901 | 2,828 | 2,881 | |
| 1,524 | 1,573 | 1,629 | 1,800 | 2,061 | 1,926 | 1,626 | 2,009 | 2,294 | 2,378 | 2,542 | 2,439 | 2,484 | |
| Operating Profit | 87 | 66 | 106 | 135 | 162 | 171 | 173 | 157 | 246 | 342 | 359 | 389 | 398 |
| OPM % | 5% | 4.0% | 6% | 7% | 7% | 8% | 10% | 7% | 10% | 13% | 12% | 14% | 14% |
| 9 | 20 | 18 | 18 | 25 | 19 | 14 | 11 | 18 | 35 | 52 | 5 | 10 | |
| Interest | 41 | 38 | 32 | 25 | 26 | 30 | 24 | 16 | 14 | 6 | 5 | 7 | 8 |
| Depreciation | 50 | 41 | 40 | 35 | 37 | 40 | 38 | 41 | 42 | 49 | 58 | 64 | 66 |
| Profit before tax | 6 | 7 | 53 | 92 | 124 | 120 | 125 | 111 | 207 | 322 | 347 | 323 | 333 |
| Tax % | -54% | -45% | 38% | 29% | 30% | 34% | 25% | 30% | 26% | 25% | 25% | 26% | |
| 8 | 11 | 33 | 66 | 87 | 79 | 93 | 78 | 153 | 243 | 262 | 239 | 246 | |
| EPS in Rs | 1.07 | 1.36 | 4.16 | 8.26 | 11.00 | 9.97 | 11.74 | 9.84 | 19.22 | 30.65 | 33.01 | 30.09 | 30.96 |
| Dividend Payout % | 47% | 37% | 24% | 30% | 23% | 25% | 26% | 30% | 23% | 20% | 21% | 23% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 9% |
| 3 Years: | 4% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 23% |
| 3 Years: | 18% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 39% |
| 3 Years: | 31% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| Last Year: | 15% |
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 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 780 | 790 | 822 | 880 | 924 | 961 | 1,052 | 1,110 | 1,236 | 1,436 | 1,647 | 1,833 |
| 238 | 254 | 189 | 165 | 160 | 309 | 143 | 243 | 125 | 50 | 23 | 34 | |
| 894 | 895 | 917 | 1,004 | 1,073 | 1,053 | 1,037 | 982 | 1,008 | 1,056 | 1,040 | 1,137 | |
| Total Liabilities | 1,928 | 1,955 | 1,944 | 2,064 | 2,173 | 2,339 | 2,248 | 2,351 | 2,385 | 2,557 | 2,726 | 3,019 |
| 310 | 296 | 292 | 281 | 280 | 305 | 299 | 351 | 336 | 430 | 439 | 468 | |
| CWIP | 7 | 6 | 3 | 12 | 24 | 48 | 72 | 21 | 78 | 24 | 28 | 37 |
| Investments | 233 | 239 | 239 | 273 | 298 | 337 | 463 | 565 | 491 | 527 | 737 | 903 |
| 1,377 | 1,414 | 1,411 | 1,498 | 1,572 | 1,650 | 1,414 | 1,413 | 1,479 | 1,577 | 1,522 | 1,611 | |
| Total Assets | 1,928 | 1,955 | 1,944 | 2,064 | 2,173 | 2,339 | 2,248 | 2,351 | 2,385 | 2,557 | 2,726 | 3,019 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108 | 50 | 118 | 148 | 83 | 212 | 243 | 78 | 249 | 209 | 259 | 277 | |
| -71 | -21 | -21 | -60 | -61 | -139 | -178 | -140 | -6 | -92 | -232 | -219 | |
| -44 | -24 | -91 | -52 | -47 | 89 | -199 | 62 | -155 | -113 | -87 | -75 | |
| Net Cash Flow | -7 | 5 | 6 | 36 | -25 | 161 | -134 | -1 | 89 | 3 | -59 | -17 |
| Free Cash Flow | 43 | 26 | 86 | 114 | 36 | 123 | 185 | 36 | 165 | 120 | 197 | 200 |
| CFO/OP | 137% | 99% | 107% | 118% | 60% | 141% | 155% | 66% | 122% | 82% | 100% | 94% |
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 | 89 | 79 | 72 | 72 | 77 | 59 | 71 | 66 | 53 | 60 | 49 | 38 |
| Inventory Days | 72 | 76 | 95 | 101 | 101 | 132 | 128 | 116 | 109 | 121 | 120 | 137 |
| Days Payable | 155 | 144 | 151 | 143 | 148 | 142 | 160 | 125 | 113 | 124 | 110 | 116 |
| Cash Conversion Cycle | 6 | 11 | 15 | 30 | 30 | 49 | 39 | 57 | 49 | 57 | 59 | 58 |
| Working Capital Days | 23 | 16 | 19 | 34 | 37 | 48 | 11 | 22 | 26 | 36 | 37 | 33 |
| ROCE % | 5% | 4% | 8% | 11% | 14% | 13% | 12% | 12% | 17% | 22% | 21% | 20% |
Insights
In beta| Mar 2010 | Mar 2015 | Mar 2017 | Sep 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Product Mix - Made to Stock (% of Standalone Revenue) % |
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| Product Mix - Projects (Trading & Civil) (% of Standalone Revenue) % |
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| Standalone (KBL & Domestic Subsidiaries) Pending Order Book Rs. Mn. |
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Extracted by Screener AI
Documents
Announcements
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Intimation Under Regulation 30 Of The SEBI Listing Regulations, 2015
- ESG Risk Assessments & Insights assigned Kirloskar Brothers an ESG rating; company did not engage the provider.
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Intimation Under Regulation 30 Of The SEBI Listing Regulations, 2015
- CRISIL upgraded KBL's ESG rating to 66 from 54, moving to Strong category.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Q1 FY27 earnings call transcript: revenue up 13%, EBITDA up 2%, order intake up 4%.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Audio recording of June 30, 2026 results conference call uploaded; transcript to follow.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Updated Q1FY27 investor presentation issued for August 3 analyst conference call.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2013
from nse
Concalls
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Aug 2026Transcript PPT REC
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Aug 2026TranscriptAI SummaryPPT
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Nov 2017TranscriptPPT
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Oct 2015TranscriptPPT
Product Offerings[1]
The company has 250+ product categories with 100,000+ SKUs catering to 12+ industries and 2500+ customers.