Kirloskar Industries Ltd
Kirloskar Ind is engaged in the business of Iron castings, Investments (Securities and Properties), Wind power generation and real estate.
The Company owns lands, buildings, apartments and offices in Pune, New Delhi and Jaipur. The Co. has given most of these lands, buildings and offices on a lease and license basis to the group and other companies. [1] [2]
- Market Cap ₹ 4,171 Cr.
- Current Price ₹ 3,939
- High / Low ₹ 4,726 / 2,456
- Stock P/E 25.6
- Book Value ₹ 5,881
- Dividend Yield 0.33 %
- ROCE 6.98 %
- ROE 2.61 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.67 times its book value
- Company's working capital requirements have reduced from 49.0 days to 37.6 days
Cons
- Company has a low return on equity of 3.32% over last 3 years.
- Dividend payout has been low at 8.04% of profits over last 3 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Industrials BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,368 | 1,119 | 1,137 | 1,826 | 2,222 | 1,916 | 2,080 | 3,810 | 6,490 | 6,396 | 6,629 | 6,939 | |
| 1,222 | 970 | 968 | 1,674 | 1,962 | 1,650 | 1,598 | 3,125 | 5,603 | 5,430 | 5,839 | 6,087 | |
| Operating Profit | 147 | 148 | 170 | 152 | 260 | 265 | 482 | 685 | 886 | 966 | 789 | 852 |
| OPM % | 11% | 13% | 15% | 8% | 12% | 14% | 23% | 18% | 14% | 15% | 12% | 12% |
| 52 | 56 | 50 | 2 | 2 | 14 | 2 | 10 | 43 | -45 | 62 | 62 | |
| Interest | 30 | 24 | 14 | 13 | 18 | 19 | 27 | 31 | 97 | 122 | 146 | 126 |
| Depreciation | 51 | 45 | 47 | 51 | 57 | 60 | 79 | 95 | 175 | 242 | 259 | 272 |
| Profit before tax | 117 | 136 | 159 | 91 | 188 | 200 | 378 | 568 | 658 | 556 | 447 | 516 |
| Tax % | 27% | 26% | 25% | 25% | 30% | 25% | 18% | 44% | 30% | 35% | 31% | 31% |
| 86 | 100 | 119 | 68 | 132 | 151 | 311 | 316 | 460 | 361 | 308 | 354 | |
| EPS in Rs | 63.50 | 74.46 | 77.66 | 51.10 | 86.60 | 98.77 | 168.71 | 197.95 | 220.11 | 201.86 | 143.18 | 151.22 |
| Dividend Payout % | 32% | 27% | 26% | 41% | 24% | 10% | 6% | 5% | 5% | 6% | 9% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 27% |
| 3 Years: | 2% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 0% |
| 3 Years: | -9% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 6% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 |
| Reserves | 750 | 799 | 875 | 1,779 | 1,356 | 1,023 | 1,736 | 2,319 | 3,243 | 4,982 | 6,284 | 6,170 |
| 133 | 108 | 97 | 88 | 138 | 323 | 305 | 1,216 | 979 | 1,236 | 1,283 | 1,113 | |
| 589 | 515 | 597 | 829 | 938 | 954 | 1,145 | 3,241 | 3,301 | 3,534 | 4,073 | 4,367 | |
| Total Liabilities | 1,482 | 1,432 | 1,578 | 2,706 | 2,441 | 2,310 | 3,196 | 6,786 | 7,534 | 9,761 | 11,651 | 11,660 |
| 548 | 556 | 587 | 599 | 650 | 897 | 1,057 | 2,780 | 3,107 | 3,259 | 3,597 | 3,689 | |
| CWIP | 31 | 8 | 19 | 76 | 62 | 144 | 243 | 418 | 423 | 768 | 653 | 733 |
| Investments | 422 | 511 | 505 | 1,423 | 933 | 541 | 1,068 | 1,190 | 1,575 | 3,392 | 4,730 | 4,399 |
| 480 | 357 | 467 | 608 | 796 | 728 | 828 | 2,398 | 2,429 | 2,342 | 2,672 | 2,839 | |
| Total Assets | 1,482 | 1,432 | 1,578 | 2,706 | 2,441 | 2,310 | 3,196 | 6,786 | 7,534 | 9,761 | 11,651 | 11,660 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 156 | 104 | 88 | 107 | 112 | 185 | 256 | 317 | 760 | 576 | 598 | 870 | |
| -56 | 6 | -51 | -31 | -108 | -258 | -194 | -211 | -369 | -600 | -537 | -471 | |
| -101 | -113 | -28 | -87 | -4 | 108 | -56 | -56 | -397 | -5 | -70 | -355 | |
| Net Cash Flow | -1 | -4 | 9 | -11 | 0 | 35 | 6 | 50 | -5 | -29 | -8 | 45 |
| Free Cash Flow | 97 | 70 | 14 | 19 | -52 | -134 | 36 | -111 | 345 | 84 | 95 | 420 |
| CFO/OP | 119% | 87% | 72% | 88% | 61% | 84% | 73% | 66% | 110% | 79% | 90% | 106% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 47 | 46 | 63 | 59 | 62 | 56 | 63 | 78 | 46 | 52 | 58 | 57 |
| Inventory Days | 52 | 57 | 76 | 64 | 66 | 77 | 94 | 138 | 111 | 113 | 108 | 101 |
| Days Payable | 91 | 84 | 102 | 105 | 116 | 122 | 122 | 149 | 101 | 95 | 104 | 111 |
| Cash Conversion Cycle | 8 | 19 | 37 | 17 | 12 | 11 | 35 | 66 | 55 | 70 | 62 | 47 |
| Working Capital Days | -25 | -6 | 14 | 3 | 30 | 38 | 34 | 72 | 47 | 52 | 57 | 38 |
| ROCE % | 13% | 14% | 14% | 6% | 10% | 12% | 19% | 15% | 13% | 11% | 7% | 7% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Iron Castings Sales Volume (KFIL subsidiary) MT |
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| Pig Iron Sales Volume (KFIL subsidiary) MT |
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| Seamless Tubes Sales Volume (KFIL subsidiary, post-ISMT acquisition) MT |
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| Steel Sales Volume (KFIL subsidiary, post-ISMT acquisition) MT |
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Extracted by Screener AI
Documents
Announcements
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Update Of Material Subsidiary
4m - KFIL AGM on 5 Aug 2026; final dividend ₹3/share, record date 17 July 2026.
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Update Of Material Subsidiary
11m - Kirloskar Ferrous issued FY2025-26 annual report and AGM notice; 35th AGM on 5 August 2026.
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Update Of Material Subsidiary
1h - 32nd AGM on 18 August 2026 at 11:30 a.m. via VC/OAVM; shareholders asked to update email and KYC.
- Corporate Action-Board to consider Dividend 1d
- Annual General Meeting, Record Date, Book Closure, E-Voting And Attendance Through VC/OAVM 1d
Annual reports
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Revenue Segments FY22
Iron castings The Co. earns 92% revenues via its subsidiary (51% stake) Kirloskar Ferrous Industry limited
Tube: ~4%
Investments in Securities and Properties: 1% [1]
The Company's Standalone Business mainly consists of Dividend income from group companies and property licensing fees, contributing 90% of Standalone total income collectively. [2] [3]