KECLIndustrials

Kirloskar Electric Company Limited

Other Electrical Equipment · ISIN INE134B01017 · BSE 533193 · NSE EQ · FV ₹10
Last price
₹119
-0.50%today
What this company does

Kirloskar Electric Company Limited operates in Other Electrical Equipment, part of the Industrials sector. It booked ₹104 cr of revenue in its latest quarter (Q1 FY27) and kept -5.8% of sales as profit.

In the report:
33out of 100
Equitytale Health Score
Strained

Healthier than 33% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 60–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns6

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality94

Whether reported profit actually arrives as cash

Growth & consistency45

Whether sales and profit have grown, and how steadily

Valuation17

What today's price implies, against our models or its peers

Governance & risk48

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 50%
Watch-outs
! Currently loss-making
! Thin -5.8% net margin
! Sales down 21% vs last year
! 75.3% of promoter stake pledged
! Low -18.2% return on equity

What if I invest in KECL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹119 -0.50%
latest close · 2026-09-17
1-year return
+588.3%
52-wk low ₹1652-wk high ₹155
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio6.02High
Below bookModerateHigh
EV / EBITDA705.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-18.2%Loss
WeakFairStrong ▸15%
Return on capital-1.3%Loss
WeakFairStrong
Net margin-5.8%Loss
ThinDecentStrong
EBITDA margin0.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.76Moderate
LowModerateHigh ▸1
Interest cover-0.1×Risky
RiskyOkayStrong ▸5×
Current ratio0.43Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹793 cr
Book value
₹20
EPS
₹-0.90
latest quarter
Net debt
₹81 cr
owes more than its cash
Enterprise value
₹874 cr
EBITDA
₹1 cr
annualised
EBIT
₹-3 cr
annualised
Operating margin
-0.7%
Return on assets
-3.8%
Earnings yield
P/S
1.91
Sales / share
₹62.5
Tax rate
Face value
₹10
Shares
6.6 cr
Working capital
₹-233 cr
Current assets
₹178 cr
Current liabilities
₹411 cr
Delivery %
47.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹31₹31, midpoint ₹31

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹104 cr
Other Income₹68 L
Total Income₹105 cr
Cost of Materials₹81 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹20 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹1 cr
Other Expenses₹13 cr
Total Expenses₹110 cr
Profit before Tax₹-6 cr
Tax Expense₹4 L
Net Profit₹-6 cr
Net margin on total income-5.7%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹72 cr64.9%
Employee benefit expense₹20 cr17.7%
Finance costs₹5 cr4.8%
Depreciation & amortisation₹1 cr0.9%
Other expenses₹13 cr11.8%
Tax expense₹4 L0.0%
Total income ₹105 cr

The company made a net loss of ₹6 cr this quarter — income covered only 95 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue151 cr164 cr104 cr
Total income155 cr164 cr105 cr
Expenses143 cr165 cr110 cr
Profit before tax4 cr-54 L-6 cr
Tax21 L9 L4 L
Net profit (owners' share)4 cr-63 L-6 cr
Net margin (owners' share, on revenue)2.7%-0.4%-5.8%
EPS (₹)0.62-0.09-0.90
YoY (latest quarter): total income -21.5% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹633 cr
Shareholder equity
₹132 cr
parent shareholders
Total debt
₹100 cr
Cash
₹19 cr
Cash flow · H1 FY26
Operating
₹7 cr
Investing
₹10 cr
Financing
₹-23 cr
Peer comparison
Other Electrical Equipment · by market value
CompanyPriceMarket capP/E
Apar Industries Limited₹17,801₹71,507 cr38.2
Waaree Energies Limited₹2,473₹71,136 cr20.9
Premier Energies Limited₹880₹39,948 cr21.1
Emmvee Photovoltaic Power Limited₹326₹22,536 cr14.8
Mtar Technologies Limited₹7,060₹21,716 cr108.1
Diamond Power Infrastructure Limited₹376₹19,817 cr84.7
Avalon Technologies Limited₹2,230₹14,899 cr106.8
Fujiyama Power Systems Limited₹409₹12,551 cr54.4
Waaree Renewable Technologies Limited₹811₹8,463 cr18.3
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
75.3% pledged
Promoter
49.7%
FII / Foreign
4.1%
DII / Domestic
1.2%
Retail / others
45.0%
Promoter stake up 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVIJAY RAVINDRA KIRLOSKAR · -96,820 · ₹100.0 L31 Dec 25
BoughtVIJAY R KIRLOSKAR · Promoters5,000 · ₹9.0 L23 Dec 24
BoughtVIJAY R KIRLOSKAR · Promoters10,000 · ₹19.1 L19 Dec 24
Bulk / block deals
BoughtHRTI PRIVATE LIMITED · NSE3.62 L @ ₹234.0718 Jul 24
SoldHRTI PRIVATE LIMITED · NSE3.02 L @ ₹230.3118 Jul 24
BoughtAJAY SHIV NARAYAN UPADHYAYA · NSE4.00 L @ ₹237.7118 Jul 24
Stake changes
BoughtVijay R Kirloskar · promoter→ 17.90% · 28.66 L17 Mar 22
BoughtVijay R Kirloskar · promoter→ 17.83% · 26.89 L26 Sep 16
SoldVinayak Narayan Bapat,trustee of KECL investment trust→ 0.00% · 58.31 L30 Dec 15
Promoter pledges
ReleasedAsset Reconstruction Company India Limited28.66 L · 10.21% held17 Mar 22
InvokedAsset Reconstruction Company India Limited28.66 L · 10.21% held19 Jan 22
PledgedAsset Reconstruction Company India ltd28.66 L · 5.89% held11 Feb 20
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2026
See the official result
1
To receive, consider and adopt the audited Standalone financial statement of the Company for the year ended March 31, 2026 together with the reports of the Board of Directors and Auditor’s thereon; and the audited consolidated financial statement of the Company for the financial year ended March 31, 2026 and the report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.38 L votes for, 846 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Ms. Rukmini Kirloskar (DIN: 00309266), who retires by rotation and being eligible, offers herself for reappointment.
Backed by 100% of shareholders other than promotersneeded 50%
2.38 L votes for, 1,128 against · 0% of mutual funds and other big investors said no
3
To re-appoint Mr. Vijay R Kirloskar (DIN: 00031253) as Executive Chairman of the Company (Whole-time Director).
Backed by 100% of shareholders other than promotersneeded 75%
2.38 L votes for, 972 against · 0% of mutual funds and other big investors said no
4
To appoint Ms. Janaki Kirloskar (DIN: 00309238), as Director of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
2.38 L votes for, 979 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 49.7% between them · as of 2026-06-30
VIJAY RAVINDRA KIRLOSKAR18.13%
ABHIMAN TRADING COMPANY PRIVATE LIMITED7.86%
VIJAYJYOTHI INVESTMENTS AND AGENCIES PRIVATE LIMITED6.43%
VIJAY FARMS PRIVATE LIMITED5.33%
VIJAYKIRTI INVESTMENTS AND AGENCIES PRIVATE LIMITED4.61%
SRI VIJAYADURGA INVESTMENTS AND AGENCIES PRIVATE LIMITED2.67%
VIMRAJ ENTERPRISES LLP (Formerly known as Vimraj Enterprises Private Limited)2.42%
KIRLOSKAR POWER EQUIPMENTS LIMITED1.73%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.