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 ₹ 10,601 Cr.
- Current Price ₹ 1,335
- High / Low ₹ 1,374 / 414
- Stock P/E 36.4
- Book Value ₹ 185
- Dividend Yield 0.34 %
- ROCE 21.7 %
- ROE 18.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 36.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.4%
Cons
- Stock is trading at 7.20 times its book value
- The company has delivered a poor sales growth of 6.09% 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Pumps
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,541 | 2,594 | 2,675 | 2,713 | 2,642 | 2,526 | 2,775 | 3,349 | 3,135 | 2,717 | 3,058 | 3,730 | 3,902 | |
2,402 | 2,384 | 2,467 | 2,520 | 2,567 | 2,431 | 2,625 | 3,221 | 2,928 | 2,475 | 2,852 | 3,330 | 3,428 | |
Operating Profit | 139 | 210 | 208 | 193 | 75 | 95 | 151 | 128 | 207 | 241 | 206 | 400 | 474 |
OPM % | 5% | 8% | 8% | 7% | 3% | 4% | 5% | 4% | 7% | 9% | 7% | 11% | 12% |
45 | 6 | 3 | 15 | 27 | 31 | 21 | 23 | 37 | 53 | 32 | 22 | 42 | |
Interest | 63 | 55 | 51 | 50 | 51 | 45 | 40 | 47 | 52 | 44 | 33 | 35 | 26 |
Depreciation | 46 | 49 | 55 | 95 | 66 | 65 | 59 | 64 | 71 | 68 | 70 | 69 | 76 |
Profit before tax | 75 | 112 | 105 | 63 | -15 | 16 | 73 | 41 | 121 | 182 | 135 | 318 | 414 |
Tax % | 33% | 41% | 38% | 28% | 25% | 111% | 37% | 113% | 44% | 15% | 40% | 29% | |
51 | 66 | 65 | 45 | -23 | 4 | 50 | 3 | 72 | 161 | 94 | 236 | 298 | |
EPS in Rs | 6.15 | 8.31 | 8.07 | 5.18 | -3.04 | 0.48 | 6.22 | 0.44 | 9.05 | 20.29 | 11.88 | 29.59 | 37.30 |
Dividend Payout % | 35% | 24% | 31% | 10% | -16% | 207% | 40% | 570% | 28% | 15% | 25% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 6% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 37% |
3 Years: | 49% |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 50% |
3 Years: | 79% |
1 Year: | 217% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 14% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 866 | 915 | 980 | 996 | 907 | 882 | 927 | 893 | 927 | 1,089 | 1,162 | 1,388 | 1,456 |
376 | 334 | 297 | 355 | 362 | 359 | 346 | 380 | 578 | 331 | 396 | 286 | 198 | |
1,133 | 1,136 | 1,283 | 1,258 | 1,166 | 1,194 | 1,266 | 1,377 | 1,327 | 1,279 | 1,289 | 1,326 | 1,261 | |
Total Liabilities | 2,390 | 2,401 | 2,576 | 2,625 | 2,450 | 2,451 | 2,555 | 2,666 | 2,848 | 2,715 | 2,862 | 3,016 | 2,931 |
490 | 533 | 543 | 571 | 501 | 480 | 461 | 457 | 501 | 481 | 532 | 532 | 600 | |
CWIP | 43 | 17 | 10 | 12 | 6 | 4 | 13 | 25 | 51 | 73 | 27 | 82 | 46 |
Investments | 2 | 4 | 12 | 0 | 43 | 46 | 49 | 57 | 104 | 195 | 333 | 317 | 302 |
1,856 | 1,847 | 2,011 | 2,042 | 1,901 | 1,921 | 2,031 | 2,127 | 2,191 | 1,966 | 1,970 | 2,085 | 1,983 | |
Total Assets | 2,390 | 2,401 | 2,576 | 2,625 | 2,450 | 2,451 | 2,555 | 2,666 | 2,848 | 2,715 | 2,862 | 3,016 | 2,931 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
97 | 190 | 189 | 127 | 97 | 100 | 110 | 62 | 305 | 317 | 114 | 329 | |
-2 | -64 | -74 | -134 | -47 | -35 | -44 | -57 | -172 | -145 | -183 | -73 | |
-136 | -93 | -112 | -2 | -50 | -58 | -52 | -23 | 125 | -315 | 30 | -169 | |
Net Cash Flow | -41 | 33 | 3 | -9 | -0 | 8 | 14 | -19 | 259 | -143 | -39 | 87 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 74 | 79 | 93 | 106 | 78 | 77 | 71 | 66 | 57 | 62 | 62 | 48 |
Inventory Days | 84 | 86 | 66 | 86 | 99 | 122 | 130 | 123 | 137 | 152 | 140 | 133 |
Days Payable | 132 | 140 | 140 | 158 | 147 | 155 | 144 | 135 | 119 | 138 | 128 | 115 |
Cash Conversion Cycle | 26 | 26 | 19 | 33 | 30 | 43 | 58 | 55 | 75 | 76 | 73 | 66 |
Working Capital Days | 78 | 69 | 68 | 76 | 67 | 65 | 69 | 59 | 46 | 46 | 51 | 42 |
ROCE % | 9% | 14% | 13% | 9% | 3% | 5% | 9% | 7% | 12% | 15% | 11% | 22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliance Certificate Under Regulation 40(10) Of SEBI Listing Regulations 22 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
- Compliance Certificate Under Regulation 7(3) Of The Listing Regulations For The Financial Year Ended 31.03.2024 9 Apr
-
The Kolhapur Steel Limited Becomes A Wholly-Owned Subsidiary Of The Company
29 Mar - Kolhapur Steel Limited, becoming a wholly-owned subsidiary of the Company w.e.f. March 29, 2024.
Annual reports
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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
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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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 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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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.