Kirloskar Brothers Ltd logo

Kirloskar Brothers Ltd

KIRLOSBROS NSE

Key Fundamentals

SmallcapCompressors Pumps & Diesel EnginesIndustrial Products
Market Cap
₹15,379 Cr
Volatility
Moderate
P/E Ratio
40.62
EBITDA
₹621 Cr
Return on Equity
14.59%
Debt to Equity
0.1
Book Value
₹310.3
EPS
₹43.89
52W High
₹2,189.2
52W Low
₹1,335

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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50 extracted metrics + investor summaries across FY11–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

1
  • Company has delivered good profit growth of 19.8% CAGR over last 5 years

Weaknesses

1
  • The company has delivered a poor sales growth of 10.8% over past five years.

Growth Rate

Revenue Growth
1.12% ↗
Net Income Growth
-10.44% ↗
Cash Flow Change
-13.31% ↘
ROE
-24.01% ↗
ROCE
-29.29% ↗
EBITDA Margin (Avg.)
-9.79% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 5d ago
AI opinion · based on fundamentals
Risk medium

Kirloskar Brothers Ltd is a mid-cap industrial products company with a market cap of ₹15,220 Cr trading at a PE of 40.3x. The company has demonstrated strong profit growth (19% CAGR over 3 years) and impressive stock returns (30% CAGR over 3 years), but recent TTM sales growth has decelerated to 5% and TTM profit growth has turned negative at -4%.

Bull Case 7
  • Strong compounded profit growth of 19% CAGR over 3 years and 20% CAGR over 5 years, indicating consistent earnings expansion
  • Robust 3-year ROE averaging 20%, reflecting efficient capital utilization and shareholder value creation
  • Exceptional long-term profit compounding at 34% CAGR over 10 years demonstrates sustained earnings power
  • Stock price CAGR of 38% over 5 years and 29% over 10 years shows consistent long-term wealth creation
  • 5-year compounded sales growth of 11% shows the company has been able to grow revenue at a reasonable pace over the medium term
  • Last year ROE of 17% remains healthy and well above cost of equity for most industrial companies
  • 10-year ROE improvement from 14% to 20% (3-year average) suggests structural improvement in profitability and operational efficiency
Bear Case 8
  • TTM profit growth has turned negative at -4%, signaling potential earnings deceleration or margin pressure in the near term
  • PE ratio of 40.3x is elevated for an industrial products company with only 5% TTM sales growth, implying limited margin of safety
  • TTM sales growth of only 5% is a significant deceleration from the 5-year CAGR of 11%, raising concerns about demand slowdown
  • Price-to-book ratio of 6.16x is high for a capital goods company, leaving limited room for valuation re-rating
  • Dividend yield of just 0.37% offers minimal income cushion for shareholders during potential price corrections
  • 10-year compounded sales growth of only 6% indicates structurally modest top-line growth capability
  • Stock price CAGR has slowed to just 1% over the past 1 year, suggesting the market is pricing in near-term headwinds
  • ROE has declined from 20% (3-year average) to 17% last year, potentially indicating emerging return compression

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 7h ago
Headwinds 2
  • Margin squeeze from labour costs Aug 10

    Q1FY27 profits stayed flat at ₹676 million despite 12.8% revenue growth to ₹11,049 million, as new labour regulation costs and lower high-margin international services compressed margins.

  • Low support for director re-appointment Aug 01

    Re-appointment of Ms. Rama Kirloskar at the 106th AGM passed with only 55.46% support, signalling notable shareholder dissent.

Positives 2
  • Orderbook up 21% on energy demand Aug 10

    Q1FY27 orderbook expanded 21% year-on-year, driven by strong demand in Oil & Gas and Power segments, providing revenue visibility.

  • Revenue grows 12.8% in Q1FY27 Aug 10

    Topline reached ₹11,049 million in Q1FY27, reflecting solid execution and demand traction across segments despite margin headwinds.

Neutral 3
  • Q1FY26 call recording uploaded Aug 03

    Kirloskar Brothers uploaded its Q1FY26 analyst conference call audio to its website in compliance with SEBI regulations.

  • AGM resolutions approved Aug 01

    Shareholders approved all six resolutions at the 106th AGM, including adoption of FY26 financials and dividend declaration.

  • Q1FY27 earnings call scheduled Jul 27

    Q1FY27 earnings call scheduled for August 3, 2026 at 2:00 PM IST to discuss unaudited financial results with analysts.

TL;DR: Kirloskar Brothers is delivering strong topline growth of 12.8% and a robust 21% orderbook expansion led by Oil & Gas and Power segments. However, profitability is under pressure from new labour costs and a shift in revenue mix away from high-margin international services. Shareholder governance showed mild friction with a narrow re-appointment vote. The trend is mixed — volume momentum is positive, but margin recovery depends on normalising labour costs and restoring international service contributions.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
900
913
965
1,224
1,031
1,036
1,144
1,281
979
1,028
1,116
1,415
1,105
Expenses
790
818
841
1,033
919
894
978
1,092
867
919
974
1,233
989
Operating Profit
110
95
124
191
112
142
166
190
112
108
142
182
116
OPM %
12%
10%
13%
16%
11%
14%
14%
15%
11%
11%
13%
13%
10%
Other Income
10
2
16
36
15
14
11
24
16
18
4
1
15
Interest
8
6
5
8
6
6
8
6
6
6
9
9
8
Depreciation
18
19
21
21
21
22
22
24
23
24
25
28
27
PBT
95
72
114
199
100
129
146
184
98
96
112
146
95
Tax %
30%
34%
27%
28%
29%
26%
22%
33%
28%
30%
-7%
29%
30%
Net Profit
64
51
82
153
66
97
118
138
68
72
125
112
68
EPS in Rs
8.02
6.35
10.31
19.17
8.2
12.05
14.76
17.27
8.4
8.94
15.65
14.04
8.39
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,713
2,642
2,526
2,775
3,349
3,135
2,717
3,058
3,730
4,001
4,492
4,538
4,664
Expenses
2,520
2,567
2,431
2,625
3,221
2,928
2,475
2,852
3,330
3,481
3,883
3,993
4,116
Operating Profit
193
75
95
151
128
207
241
206
400
520
609
545
548
OPM %
7%
2.8%
3.8%
5%
3.8%
7%
9%
7%
11%
13%
14%
12%
12%
Other Income
15
27
31
21
23
37
53
32
22
65
64
38
38
Interest
50
51
45
40
47
52
44
33
35
26
25
30
32
Depreciation
95
66
65
59
64
71
68
70
69
78
89
100
105
PBT
63
-15
16
73
41
121
182
135
318
481
559
452
449
Tax %
28%
-25%
111%
37%
113%
44%
15%
40%
29%
29%
28%
20%
—
Net Profit
45
-23
4
50
3
72
161
94
236
350
419
377
377
EPS in Rs
5.18
-3.04
0.48
6.22
0.44
9.05
20.29
11.88
29.59
43.84
52.29
47.05
47.02
Div. Payout %
10%
-16%
207%
40%
570%
28%
15%
25%
15%
14%
13%
15%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
16
16
16
16
16
16
16
16
16
16
16
16
Reserves
996
907
882
927
893
927
1,089
1,162
1,388
1,703
2,077
2,448
Borrowings
355
362
359
346
380
578
331
396
286
192
182
250
Other Liabilities
1,258
1,166
1,194
1,266
1,377
1,327
1,279
1,289
1,326
1,413
1,391
1,693
Total Liabilities
2,625
2,450
2,451
2,555
2,666
2,848
2,715
2,862
3,016
3,325
3,666
4,407
Fixed Assets
571
501
480
461
457
501
481
532
532
634
655
702
CWIP
12
6
4
13
25
51
73
27
82
32
34
58
Investments
0
43
46
49
57
104
195
333
317
410
619
758
Other Assets
2,042
1,901
1,921
2,031
2,127
2,191
1,966
1,970
2,085
2,249
2,358
2,888
Total Assets
2,625
2,450
2,451
2,555
2,666
2,848
2,715
2,862
3,016
3,325
3,666
4,407
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
127
97
100
110
62
305
317
114
329
370
386
334
Investing
-134
-47
-35
-44
-57
-172
-145
-183
-73
-166
-236
-213
Financing
-2
-50
-58
-52
-23
125
-315
30
-169
-159
-92
-44
Net Cash Flow
-9
0
8
14
-19
259
-143
-39
87
45
57
78
Free Cash Flow
-2
34
56
58
-3
168
245
50
209
259
297
204
CFO/OP
82
159
100
82
62
165
146
76
99
95
90
86
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
106
78
77
71
66
57
62
62
48
48
40
53
Inventory Days
86
99
122
130
123
137
152
140
133
157
142
142
Days Payable
158
147
155
144
135
119
138
128
112
122
100
128
Cash Conversion Cycle
33
30
43
58
55
75
76
73
69
83
82
68
Working Capital Days
36
25
21
36
26
-5
14
20
28
36
37
46
ROCE %
9%
3%
5%
9%
7%
12%
15%
11%
22%
27%
28%
20%

Shareholding Pattern

As of Jun 2026
Promoters 65.95%
Public 12.28%
DIIs 10.22%
FIIs 6.41%
Others 5.13%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
65.95%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.50%
3.88%
4.11%
5.03%
5.12%
5.62%
6.10%
6.27%
6.02%
6.05%
6.24%
6.41%
DIIs
9.90%
9.90%
9.35%
8.87%
8.87%
8.87%
9.00%
8.94%
9.27%
8.97%
9.30%
9.40%
9.77%
9.89%
10.12%
10.22%
9.61%
9.78%
9.89%
10.32%
10.38%
10.22%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
17.07%
16.63%
17.02%
17.91%
17.67%
17.71%
18.14%
17.59%
17.03%
16.93%
15.55%
14.95%
14.19%
13.29%
13.46%
12.98%
13.10%
12.74%
12.94%
12.50%
12.27%
12.28%
Others
7.08%
7.52%
7.68%
7.27%
7.50%
7.46%
6.91%
7.52%
7.75%
8.15%
5.69%
5.82%
5.98%
5.84%
5.35%
5.24%
5.24%
5.26%
5.20%
5.17%
5.16%
5.13%
No. of Shareholders
20,549
22,587
22,451
22,356
22,525
22,521
22,995
25,397
25,301
34,532
41,238
40,363
43,058
50,109
70,037
71,630
72,077
66,864
68,236
66,938
66,266
64,065

Documents

Frequently Asked Questions about Kirloskar Brothers Ltd

What does Kirloskar Brothers Ltd do?
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]
Where is Kirloskar Brothers Ltd (KIRLOSBROS) listed?
Kirloskar Brothers Ltd is listed on the Indian stock exchanges. It is listed on NSE: KIRLOSBROS and BSE: 500241. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Kirloskar Brothers Ltd belong to?
Kirloskar Brothers Ltd operates in the Industrial Products sector within the Compressors Pumps & Diesel Engines industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Kirloskar Brothers Ltd?
Kirloskar Brothers Ltd has a market capitalisation of approximately ₹15379.13 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Kirloskar Brothers Ltd?
The Price-to-Earnings (PE) ratio of Kirloskar Brothers Ltd is 40.62. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Kirloskar Brothers Ltd?
Over the past 52 weeks, Kirloskar Brothers Ltd has traded between a low of ₹1,335 and a high of ₹2,189.2. This range helps investors understand the stock's price volatility and recent trading levels.
Does Kirloskar Brothers Ltd pay dividends?
Yes, Kirloskar Brothers Ltd has a dividend yield of 0.36%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Kirloskar Brothers Ltd?
Kirloskar Brothers Ltd has a Return on Equity (ROE) of 14.59%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Kirloskar Brothers Ltd on Tapetide?
On Tapetide, you can view Kirloskar Brothers Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website kirloskarpumps.com
CEO Mr. Sanjay Chandrakant Kirloskar
Employees 2,606
Listed 2010-04-20
Face Value ₹ 2
Issued Size 7,94,08,926

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