Kirloskar Brothers
- P/E
- 36.49
Key Fundamentals
SmallcapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 20.40%
- Debt to Equity
- 0.10
- EPS (TTM)
- ₹47.02
- Book Value
- ₹323.49
- Market Cap
- —
- P/E (TTM)
- 36.49
- P/B
- 5.30
- ROE
- 17.30%
- Dividend Yield
- 0.40%
- EBITDA
- ₹621 Cr
- 52W High
- ₹2,189.20
- 52W Low
- ₹1,335.00
- Volume
- 0
Peer Comparison
Industrials › Industrial Products › Compressors Pumps & Diesel Engines › Compressors, Pumps & Diesel Engines
| ₹4,725.70 | 55.34 | ₹1,27,886 Cr | 15.46 | 1.42% | 30.20% | 39.50% | ₹12,662 Cr | ₹2,366 Cr | |
| ₹1,802.00 | 47.96 | ₹25,029 Cr | 7.25 | 0.41% | 17.50% | 14.60% | ₹7,937 Cr | ₹534 Cr | |
| ₹562.05 | 39.78 | ₹17,070 Cr | 7.98 | 0.51% | 19.00% | 22.10% | ₹4,146 Cr | ₹447 Cr | |
| ₹1,715.70 | 36.49 | ₹13,785 Cr | 5.30 | 0.40% | 17.30% | 20.40% | ₹4,664 Cr | ₹377 Cr | |
| ₹4,045.80 | 47.74 | ₹12,935 Cr | 20.74 | 1.82% | 43.00% | 57.10% | ₹1,457 Cr | ₹267 Cr | |
| ₹659.20 | 46.72 | ₹11,469 Cr | 6.76 | 0.66% | 18.40% | 24.70% | ₹2,726 Cr | ₹246 Cr | |
| ₹574.20 | 28.19 | ₹7,179 Cr | 5.79 | 2.18% | 22.70% | 30.30% | ₹1,788 Cr | ₹264 Cr | |
| Median 7 companies | ₹1,715.70 | 46.72 | ₹13,785 Cr | 7.25 | 0.66% | 19.00% | 24.70% | ₹4,146 Cr | ₹377 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 52
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 53
- Average
- Cheap vs sector & own history 24% weight
- Growth
- 27
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 62
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 35
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 52
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
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.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Neutral | 6 | 7 | 6 |
| Oscillators | Bullish | 0 | 7 | 2 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |
Oscillators
Bullish
Overall
Neutral
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 51.61
- Neutral
- MACD (12,26,9)
- −20.58
- Bullish
- SMA (50)
- 1,760.40
- Bearish
- SMA (200)
- 1,717.77
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +5.56% |
|---|---|
| 5Y | +10.80% |
| 3Y | +6.75% |
| 1Y | +1.02% |
| TTM | +5.05% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | +18.55% |
| 3Y | +16.90% |
| 1Y | −10.02% |
| TTM | −10.45% |
Operating cash flow
| 10Y | +13.16% |
|---|---|
| 5Y | +1.05% |
| 3Y | +0.50% |
| 1Y | −13.47% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +9.17 pp |
|---|---|
| 5Y | +3.14 pp |
| 3Y | +1.29 pp |
| 1Y | −1.55 pp |
| TTM | −1.99 pp |
Revenue by year
| Mar 2017 | ₹2,526 Cr |
|---|---|
| Mar 2018 | ₹2,775 Cr |
| Mar 2019 | ₹3,349 Cr |
| Mar 2020 | ₹3,135 Cr |
| Mar 2021 | ₹2,717 Cr |
| Mar 2022 | ₹3,058 Cr |
| Mar 2023 | ₹3,730 Cr |
| Mar 2024 | ₹4,001 Cr |
| Mar 2025 | ₹4,492 Cr |
| Mar 2026 | ₹4,538 Cr |
Net profit by year
| Mar 2017 | ₹4.00 Cr |
|---|---|
| Mar 2018 | ₹50.00 Cr |
| Mar 2019 | ₹3.00 Cr |
| Mar 2020 | ₹72.00 Cr |
| Mar 2021 | ₹161 Cr |
| Mar 2022 | ₹94.00 Cr |
| Mar 2023 | ₹236 Cr |
| Mar 2024 | ₹350 Cr |
| Mar 2025 | ₹419 Cr |
| Mar 2026 | ₹377 Cr |
AI Analysis — Bull vs Bear
Kirloskar Brothers Ltd trades at ₹1,792.8 as of 2026-11-02 with a market cap of ₹13,525.72 crore and a P/E of 38.13x. The company has delivered strong long-term profit compounding of 34% over 10 years on a near-debt-free balance sheet (debt-to-equity of 0.10), though TTM profit growth has turned negative at -4% and sales growth has remained modest at 5% TTM.
- Exceptional long-term profit compounding at 34% CAGR over the last 10 years, demonstrating sustained earnings power in the industrial products space
- Near debt-free balance sheet with a debt-to-equity ratio of just 0.10, providing financial flexibility and low interest-rate risk
- Healthy return ratios with ROE at 14.59% and ROCE at 17.89% as of 2026-11-02, indicating efficient capital deployment
- Strong 5-year profit CAGR of approximately 19.8%, well ahead of the 5-year sales CAGR of 11%, reflecting margin expansion and operating leverage
- Impressive long-term stock price CAGR of 26% over 10 years and 34% over 5 years, rewarding long-term shareholders
- 3-year average ROE of 20% is notably above the 10-year average of 14%, suggesting an improving return profile in recent years
- 5-year sales CAGR of 11% shows improving revenue momentum compared to the 10-year sales CAGR of 6%
- TTM profit growth has turned negative at -4%, a sharp deceleration from the 3-year profit CAGR of 19%, signalling near-term earnings pressure
- P/E of 38.13x is elevated for an industrial products company, demanding sustained high growth to justify the valuation
- Modest TTM sales growth of only 5% against a backdrop of a 38x earnings multiple raises questions about whether the valuation is sustainable
- Stock is down 12% over the past 1 year and trades roughly 18% below its 52-week high of ₹2,189.2, indicating weakening momentum
- Dividend yield of just 0.44% offers minimal income support to shareholders at the current price
- 10-year compounded sales growth of only 6% highlights structurally low top-line growth, with 5-year profit growth (20%) heavily reliant on margin levers that may be harder to sustain
- Last year ROE of 17% has already declined from the 3-year average of 20%, suggesting peak profitability may be behind
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: Kirloskar Brothers is delivering strong top-line momentum with 24% revenue growth and a 68% surge in order intake creating a record backlog. However, margin compression of ~80-90 bps from rising raw material costs is a near-term concern that is limiting profit growth relative to revenue gains. Management's guidance for H2FY27 margin recovery via services expansion will be the key monitorable. The trend is positive on volume and demand, but profitability improvement needs to materialize in coming quarters to sustain sentiment.
- EBITDA margin contracts 80-90 bps Nov 04
EBITDA margin fell to 9.7-11.2% from 10.6% a year ago, with total expenses surging 25.42% YoY to ₹1,191.1 crore in Q2FY27, reflecting raw material cost pressures.
- International margins under pressure Nov 04
Despite strong oil and gas driven revenue growth in the international segment, margins were lower, contributing to overall margin compression in Q2FY27.
- Order intake surges 68% YoY Nov 04
Q2FY27 order intake jumped 68% YoY to ₹20,472 million, driving a record order backlog that provides strong revenue visibility going forward.
- Revenue up 24% to ₹1,276.7 Cr Oct 27
Consolidated revenue rose 24.23% YoY to ₹1,276.7 crore in Q2FY27, with H1FY27 revenue reaching ₹2,381.6 crore versus ₹2,006.7 crore a year ago.
- Net profit rises 11.57% Oct 27
Q2FY27 consolidated net profit grew 11.57% YoY to ₹75.2 crore, with EPS improving to ₹9.28 from ₹8.94 in the year-ago quarter.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 900 | 913 | 965 | 1,224 | 1,031 | 1,036 | 1,144 | 1,281 | 979 | 1,028 | 1,116 | 1,415 | 1,105 | 1,277 |
| Expenses | 790 | 818 | 841 | 1,033 | 919 | 894 | 978 | 1,092 | 867 | 919 | 974 | 1,233 | 989 | 1,152 |
| Operating Profit | 110 | 95 | 124 | 191 | 112 | 142 | 166 | 190 | 112 | 108 | 142 | 182 | 116 | 124 |
| OPM % | 12% | 10% | 13% | 16% | 11% | 14% | 14% | 15% | 11% | 11% | 13% | 13% | 10% | 10% |
| Other Income | 10 | 2 | 14.5 | 36 | 15 | 14 | 11 | 24 | 16 | 18 | 4 | 1 | 15 | — |
| Interest | 8 | 6 | 5 | 8 | 6 | 6 | 8 | 6 | 6 | 6 | 9 | 9 | 8 | 10 |
| Depreciation | 18 | 19 | 21 | 21 | 21 | 22 | 22 | 24 | 23 | 24 | 25 | 28 | 27 | 29 |
| PBT | 95 | 72 | 114 | 199 | 100 | 129 | 146 | 184 | 98 | 96 | 112 | 146 | 95 | 104 |
| Tax % | 30% | 34% | 27% | 28% | 29% | 26% | 22% | 33% | 28% | 30% | −7% | 29% | 30% | 28% |
| Net Profit | 64 | 51 | 82 | 153 | 66 | 97 | 118 | 138 | 68 | 72 | 125 | 112 | 68 | 75 |
| EPS (₹) | 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 | — |
Sep 2026: from the results filed on 27 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 (₹) | 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% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 207% | 40% | 570% | 28% | 15% | 25% | 15% | 14% | 13% | 15% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 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 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
Ratios
| Particulars | 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 | 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% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Kirloskar Brothers insights
68 extracted metrics across FY07–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q1 FY27 concall · Aug 2026PPT
- Concall · May 2026Transcript PPT Recording
- Q3 FY26 concall · Feb 2026Transcript PPT Recording
- Q2 FY26 concall · Nov 2025Transcript PPT
- 13 May 2026
- 22 Dec 2025
- 11 Nov 2025
- 10 Jan 2025
- 28 Aug 2024
- 20 Feb 2024
- General announcements 28 Oct 2026
Frequently Asked Questions about Kirloskar Brothers
What does Kirloskar Brothers Ltd do?
Where is Kirloskar Brothers Ltd (KIRLOSBROS) listed?
Which sector does Kirloskar Brothers Ltd belong to?
What is the PE ratio of Kirloskar Brothers Ltd?
What is the 52-week high and low of Kirloskar Brothers Ltd?
Does Kirloskar Brothers Ltd pay dividends?
What is the Return on Equity (ROE) of Kirloskar Brothers Ltd?
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.
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/KIRLOSBROS.md for Kirloskar Brothers Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.