Kirloskar Industries Ltd logo

Kirloskar Industries Ltd

KIRLOSIND NSE

Key Fundamentals

MicrocapOther Industrial ProductsIndustrial Products
Market Cap
₹3,954 Cr
Volatility
Moderate
P/E Ratio
14.16
EBITDA
₹926 Cr
Return on Equity
6.03%
Debt to Equity
0.18
Book Value
₹5,946.56
EPS
₹216.89
52W High
₹4,574.8
52W Low
₹2,463

Insights

Beta

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

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29 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

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

Technical Indicators

Key Insights

Strengths

1
  • Stock is trading at 0.63 times its book value

Weaknesses

2
  • Company has a low return on equity of 3.77% over last 3 years.
  • Dividend payout has been low at 7.17% of profits over last 3 years

Growth Rate

Revenue Growth
5.02%
Net Income Growth
63.56%
Cash Flow Change
45.27%
ROE
59.95%
ROCE
8.06%
EBITDA Margin (Avg.)
5.26%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 51d ago
AI opinion · based on fundamentals
Risk medium

Kirloskar Industries Ltd trades at a market cap of ₹4,390 Cr with a PE of 12.3x and a price-to-book of 0.70x, suggesting the stock is valued below its book value. The company has delivered a 5-year stock CAGR of 19% but shows weak profitability with 3-year average ROE of just 3% and muted recent profit growth.

Bull Case 7
  • Stock trades at 0.70x book value, indicating significant discount to net asset value
  • PE ratio of 12.3x is modest for an industrials conglomerate, suggesting undemanding valuations
  • 5-year stock CAGR of 19% and 10-year stock CAGR of 19% demonstrate consistent long-term wealth creation
  • 5-year compounded sales growth of 27% shows strong revenue expansion over a medium-term horizon
  • Working capital days reduced from 49.0 days to 37.6 days, reflecting improved operational efficiency
  • TTM sales growth of 5% and TTM profit growth of 11% indicate recent momentum in earnings outpacing revenue
  • 10-year compounded sales growth of 20% demonstrates a sustained long-term revenue trajectory
Bear Case 8
  • 3-year average ROE of just 3% is very low for an industrial company, indicating poor capital efficiency
  • 3-year compounded profit growth is negative at -9%, showing earnings deterioration over the medium term
  • 5-year compounded profit growth is flat at 0%, meaning no net earnings improvement over half a decade
  • Dividend payout is only 8.04% of profits over last 3 years, offering minimal shareholder returns
  • Dividend yield of just 0.32% provides negligible income to investors
  • 1-year stock return of -3% shows recent underperformance and negative price momentum
  • 3-year compounded sales growth of only 2% suggests revenue stagnation in the near term after a strong prior period
  • Last year ROE of 3% and 5-year ROE of 5% remain well below cost of equity for most industrial peers

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

AI News Digest

Anthropic anthropic claude-opus-4.6 51d ago
Positives 3
  • KFIL FY26 net profit up 73% Jun 12

    Kirloskar Ferrous Industries reported FY26 net profit of ₹504.74 crore, up 73% YoY, with revenue rising to ₹6,888.57 crore supported by merger benefits.

  • KFIL wins $13.51M export order Jun 18

    Kirloskar Ferrous Industries secured a USD 13.51 million contract to supply 30,000 MT of pig iron to a London-based buyer, with shipment due by August 15, 2026.

  • Independent director appointment Jun 12

    Pallavi Gokhale co-opted as Additional Independent Director effective June 12, 2026, bringing over two decades of consulting and corporate governance experience.

Neutral 2
  • Investor meet scheduled Jun 24 Jun 19

    Kirloskar Industries will hold a virtual investor meeting on June 24, 2026 with BristleStone Equity Fund and analysts.

  • KFIL meets Molecule Ventures Jun 16

    Material subsidiary KFIL held a 1x1 meeting with Molecule Ventures on June 18, 2026.

TL;DR: Kirloskar Industries is on solid footing driven by subsidiary KFIL's strong FY26 results (73% profit growth) and a meaningful export order worth $13.51M. No material headwinds emerged in the period. Active investor engagement and board strengthening signal confidence; the trend is improving with export diversification and post-merger earnings momentum as key catalysts to watch.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,508
1,578
1,554
1,729
1,559
1,688
1,614
1,748
1,698
1,782
1,624
1,817
1,772
Expenses
1,300
1,315
1,325
1,488
1,380
1,476
1,441
1,542
1,481
1,548
1,440
1,593
1,556
Operating Profit
209
263
228
240
179
212
172
206
217
233
184
225
216
OPM %
14%
17%
15%
14%
11%
13%
11%
12%
13%
13%
11%
12%
12%
Other Income
10
-25
14
-19
12
19
12
39
11
13
-11
44
-12
Interest
30
30
30
32
34
37
39
36
34
33
29
30
29
Depreciation
47
58
64
73
61
64
66
67
64
68
68
69
69
PBT
142
150
148
116
96
130
79
142
130
145
75
170
105
Tax %
34%
39%
29%
39%
31%
29%
33%
32%
-83%
32%
34%
26%
22%
Net Profit
94
91
105
71
66
92
53
97
238
98
49
126
82
EPS in Rs
41.13
46
51.06
61.67
28.72
47.75
23.09
44.94
228
49.17
19.35
120
78.35
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,368
1,119
1,137
1,826
2,222
1,916
2,080
3,810
6,490
6,396
6,629
6,958
6,995
Expenses
1,222
970
968
1,674
1,962
1,650
1,598
3,125
5,603
5,430
5,834
6,083
6,137
Operating Profit
147
148
170
152
260
265
482
685
886
966
795
875
858
OPM %
11%
13%
15%
8%
12%
14%
23%
18%
14%
15%
12%
13%
12%
Other Income
52
56
50
2
2
14
2
10
43
-45
56
39
34
Interest
30
24
14
13
18
19
27
31
97
122
146
126
121
Depreciation
51
45
47
51
57
60
79
95
175
242
259
272
275
PBT
117
136
159
91
188
200
378
568
658
556
447
516
496
Tax %
27%
26%
25%
25%
30%
25%
18%
44%
30%
35%
31%
2%
Net Profit
86
100
119
68
132
151
311
316
460
361
308
503
356
EPS in Rs
63.5
74.46
77.66
51.1
86.6
98.77
169
198
220
202
143
217
266
Div. Payout %
32%
27%
26%
41%
24%
10%
6%
5%
5%
6%
9%
6%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
6,239
Borrowings
133
108
97
88
138
323
305
1,216
979
1,236
1,283
1,113
Other Liabilities
589
515
597
829
938
954
1,145
3,241
3,301
3,534
4,073
4,328
Total Liabilities
1,482
1,432
1,578
2,706
2,441
2,310
3,196
6,786
7,534
9,761
11,651
11,690
Fixed Assets
548
556
587
599
650
897
1,057
2,780
3,107
3,259
3,597
3,669
CWIP
31
8
19
76
62
144
243
418
423
768
653
753
Investments
422
511
505
1,423
933
541
1,068
1,190
1,575
3,392
4,730
4,399
Other Assets
480
357
467
608
796
728
828
2,398
2,429
2,342
2,672
2,869
Total Assets
1,482
1,432
1,578
2,706
2,441
2,310
3,196
6,786
7,534
9,761
11,651
11,690
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
156
104
88
107
112
185
256
317
760
576
600
871
Investing
-56
6
-51
-31
-108
-258
-194
-211
-369
-600
-537
-471
Financing
-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
-7
46
Free Cash Flow
97
70
14
19
-52
-134
36
-111
345
84
96
421
CFO/OP
119
87
72
88
61
84
73
66
110
79
90
103
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
102
Days Payable
91
84
102
105
116
122
122
149
101
95
103
112
Cash Conversion Cycle
8
19
37
17
12
11
35
66
55
70
63
47
Working Capital Days
-25
-6
14
3
30
38
34
72
47
52
57
58
ROCE %
13%
14%
14%
6%
10%
12%
19%
15%
13%
11%
7%
7%

Shareholding Pattern

As of Jun 2026
Promoters 71.87%
Public 18.69%
Others 7.07%
DIIs 1.87%
FIIs 0.50%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
73.11%
73.11%
72.84%
72.61%
72.58%
72.43%
72.38%
72.36%
71.81%
71.80%
71.77%
71.77%
71.51%
71.45%
71.31%
72.57%
72.56%
72.53%
72.52%
71.87%
71.87%
71.87%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.69%
0.00%
0.63%
0.71%
0.70%
0.60%
0.60%
0.54%
0.53%
0.48%
0.50%
0.50%
DIIs
4.25%
4.13%
4.12%
4.10%
4.10%
4.09%
1.16%
3.47%
2.15%
1.95%
1.90%
0.03%
1.89%
1.95%
1.96%
1.88%
1.89%
1.91%
1.94%
1.92%
1.88%
1.87%
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
10.40%
10.44%
17.25%
17.45%
17.79%
17.69%
16.47%
16.61%
17.85%
18.11%
18.16%
18.17%
18.28%
18.73%
18.83%
18.01%
17.02%
19.03%
19.01%
19.66%
19.52%
18.69%
Others
12.24%
12.31%
5.79%
5.83%
5.53%
5.79%
10.00%
7.56%
8.18%
8.13%
7.47%
10.03%
7.68%
7.15%
7.20%
6.96%
7.94%
5.98%
6.00%
6.07%
6.22%
7.07%
No. of Shareholders
16,072
16,127
18,820
18,700
18,378
18,150
17,387
17,256
17,081
16,897
16,943
17,284
16,846
18,894
19,357
19,472
20,303
22,721
22,148
21,841
21,961
22,719

Documents

Frequently Asked Questions about Kirloskar Industries Ltd

What does Kirloskar Industries Ltd do?
Kirloskar Industries Limited is the listed core investment company of the Kirloskar Group. Its consolidated operations are dominated by 46%-owned subsidiary Kirloskar Ferrous Industries Limited, an integrated ferrous manufacturer spanning iron ore, pig iron, castings, alloy steel and seamless t...
Where is Kirloskar Industries Ltd (KIRLOSIND) listed?
Kirloskar Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: KIRLOSIND and BSE: 500243. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Kirloskar Industries Ltd belong to?
Kirloskar Industries Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Kirloskar Industries Ltd?
Kirloskar Industries Ltd has a market capitalisation of approximately ₹3953.63 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Kirloskar Industries Ltd?
The Price-to-Earnings (PE) ratio of Kirloskar Industries Ltd is 14.16. 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 Industries Ltd?
Over the past 52 weeks, Kirloskar Industries Ltd has traded between a low of ₹2,463 and a high of ₹4,574.8. This range helps investors understand the stock's price volatility and recent trading levels.
Does Kirloskar Industries Ltd pay dividends?
Yes, Kirloskar Industries Ltd has a dividend yield of 0.35%. 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 Industries Ltd?
Kirloskar Industries Ltd has a Return on Equity (ROE) of 6.03%. 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 Industries Ltd on Tapetide?
On Tapetide, you can view Kirloskar Industries 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 Industries Limited is the listed core investment company of the Kirloskar Group. Its consolidated operations are dominated by 46%-owned subsidiary Kirloskar Ferrous Industries Limited, an integrated ferrous manufacturer spanning iron ore, pig iron, castings, alloy steel and seamless tubes. KIL also owns Avante Spaces, which is developing Grade-A commercial real estate in Pune, and holds strategic listed stakes in Kirloskar Brothers, Kirloskar Oil Engines and Kirloskar Pneumatic. The parent’s standalone income is mainly dividends, interest and investment returns; consolidated analysis is necessary to capture KFIL and the real-estate investment cycle.

Website kil.net.in
CEO Ms. Aditi V. Chirmule A.C.S., B.Com.
Employees 7,000
Listed 2010-06-24
Face Value ₹ 10
Issued Size 1,05,09,372

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