KIRLOSENGCapital Goods

Kirloskar Oil Engines Limited

Compressors, Pumps & Diesel Engines · ISIN INE146L01010 · BSE 533293 · NSE EQ · FV ₹2
Last price
₹2,121
+3.93%today
What this company does

Kirloskar Oil Engines Limited operates in Compressors, Pumps & Diesel Engines, part of the Capital Goods sector. It booked ₹2,000 cr of revenue in its latest quarter (Q1 FY27) and kept 5.7% of sales as profit. It is the 2nd largest of 9 Compressors, Pumps & Diesel Engines companies we track, by market value.

43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 77–113 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)
48

At close. Not part of the score.

Profitability & returns37

How much profit it earns on the money it employs

Balance sheet6

How much it owes, and whether earnings cover the interest

Cash quality53

Whether reported profit actually arrives as cash

Growth & consistency61

Whether sales and profit have grown, and how steadily

Valuation35

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 13% vs last year
Promoters hold 41%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.7% net margin
! Profit down 20% vs last year
! Carries high debt (D/E 1.5)

What if I invest in KIRLOSENG?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹2,121 +3.93%
latest close · 2026-09-17
1-year return
+911.5%
52-wk low ₹12352-wk high ₹2,317
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/E ratio67.8High
LowAverageHigh
P/B ratio8.52High
Below bookModerateHigh
EV / EBITDA28.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.6%Fair
WeakFairStrong ▸15%
Return on capital15.4%Strong
WeakFairStrong
Net margin5.7%Decent
ThinDecentStrong
EBITDA margin15.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.49High
LowModerateHigh ▸1
Interest cover2.3×Okay
RiskyOkayStrong ▸5×
Current ratio1.39Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹30,834 cr
Book value
₹249
EPS
₹7.82
latest quarter
Net debt
₹4,550 cr
owes more than its cash
Enterprise value
₹35,383 cr
EBITDA
₹1,262 cr
annualised
EBIT
₹1,068 cr
annualised
Operating margin
13.4%
Return on assets
4.2%
Earnings yield
1.48%
P/S
3.86
Sales / share
₹550.1
Tax rate
26.5%
Face value
₹2
Shares
14.5 cr
Working capital
₹1,529 cr
Current assets
₹5,428 cr
Current liabilities
₹3,900 cr
Delivery %
52.1%
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 exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹191₹372, midpoint ₹358

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₹2,000 cr
Other Income₹15 cr
Total Income₹2,015 cr
Cost of Materials₹950 cr
Purchases of Stock-in-Trade₹317 cr
Inventory Change (±)₹-82 cr
Employee Benefit Expense₹191 cr
Finance Costs₹116 cr
Depreciation & Amortisation₹49 cr
Other Expenses₹323 cr
Total Expenses₹1,864 cr
Profit before Tax₹151 cr
Tax Expense₹40 cr
Net Profit₹111 cr
Net margin on total income5.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,185 cr58.8%
Employee benefit expense₹191 cr9.5%
Finance costs₹116 cr5.8%
Depreciation & amortisation₹49 cr2.4%
Other expenses₹323 cr16.1%
Tax expense₹40 cr2.0%
Profit for the period₹111 cr5.5%
Total income ₹2,015 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,873 cr2,116 cr2,000 cr
Total income1,883 cr2,129 cr2,015 cr
Expenses1,712 cr1,910 cr1,864 cr
Profit before tax148 cr210 cr151 cr
Tax39 cr55 cr40 cr
Net profit (owners' share)111 cr155 cr114 cr
Net margin (owners' share, on revenue)5.9%7.3%5.7%
EPS (₹)7.6610.917.82
YoY (latest quarter): total income +12.0% · net profit -19.9%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹10,852 cr
Shareholder equity
₹3,620 cr
parent shareholders
Total debt
₹5,314 cr
Cash
₹764 cr
Cash flow · H1 FY26
Operating
₹348 cr
Investing
₹88 cr
Financing
₹-370 cr
Peer comparison
Compressors, Pumps & Diesel Engines · by market value
CompanyPriceMarket capP/E
Cummins India Limited₹5,020₹1.39 L cr57.1
Kirloskar Oil Engines Limitedthis company₹2,121₹30,834 cr67.8
Elgi Equipments Limited₹593₹18,802 cr45.2
Kirloskar Brothers Limited₹1,771₹14,078 cr52.8
Ksb Limited₹778₹13,534 cr59.1
Ingersoll Rand (India) Limited₹4,225₹13,339 cr47.3
Shakti Pumps (India) Limited₹464₹5,727 cr27.8
Kirloskar Pneumatic Company Limited₹694₹4,510 cr33.7
Swaraj Engines Limited₹3,553₹4,317 cr19.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.33%
trailing 12 months
Dividend / share (TTM)
₹7
Last dividend
₹4.5
ex 31 Jul 2026
ActionDetailEx-date
Dividend₹4.5 / share31 Jul 2026
Dividend₹2.5 / share20 Feb 2026
Dividend₹4 / share31 Jul 2025
Dividend₹2.5 / share21 Feb 2025
Dividend₹3.5 / share1 Aug 2024
Dividend₹2.5 / share23 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
41.1%
FII / Foreign
11.3%
DII / Domestic
26.0%
Retail / others
21.6%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldMadankumar Kotragouda Patil · Designated Person1,940 · ₹40.7 L11 Aug 26
SoldSujitkumar Rajaram Chavan · Employees/Designated Employees1,000 · ₹15.0 L6 Mar 26
SoldKirloskar Systems Private Limited · Promoter Group2,070 · ₹26.3 L17 Dec 25
Bulk / block deals
short · NSE174 Aug 26
short · NSE5124 Jul 26
short · NSE103 Jul 26
Stake changes
SoldGeetanjali Vikram Kirloskar · promoter→ 0.00% · 31,87517 Dec 25
SoldKirloskar Systems Private Limited · promoter→ 0.00% · 2,07017 Dec 25
BoughtDSP Trustee Private Ltd on behalf of Schemes of DSP Mutual Fund→ 7.12% · 26,4685 Mar 25
What shareholders were asked to approve
1 proposal 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 · 7 Aug 2026
See the official result
1
Adoption of Audited Standalone Financial Statements and the Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2026 together with the Boards' Report and the Auditors thereon.
Backed by 99% of shareholders other than promotersneeded 50%
4.60 cr votes for, 2.35 L against · 1% of mutual funds and other big investors said no
2
Declaration of final dividend of Rs. 4.50/- per equity share (225%) and confirmation of Interim Dividend of Rs. 2.50/- per equity share (125%) already paid during the year for the Financial Year ended 31st March 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.63 cr votes for, 254 against · 0% of mutual funds and other big investors said no
3
Approval for the re-appointment of Mr. Rahul C. Kirloskar, Director [DIN: 00007319] who retires by rotation.
Backed by 98% of shareholders other than promotersneeded 50%
4.55 cr votes for, 7.38 L against · 2% of mutual funds and other big investors said no
4
Approval to the re-appointment of M/s. G. D. Apte & Co., Chartered Accountants, (Firm Registration No. 100515W) as the Statutory Auditors of the Company, to hold the office for a second term of 5 consecutive years from the conclusion of 17th AGM till the conclusion of the 22nd AGM of the Company to be held in the year 2031 and to fix their remuneration as stated in the notice of AGM.
Backed by 100% of shareholders other than promotersneeded 50%
4.63 cr votes for, 4,771 against · 0% of mutual funds and other big investors said no
6
Approval to the re- appointment of Mr. Yogesh Kapur [DIN: 00070038] as an Independent Director of the Company to hold the office for a second term of 5 (five) consecutive years with effect from 29th September, 2026.
⚑ Passed only because promoters voted yes
Backed by 67% of shareholders other than promotersneeded 75%
3.08 cr votes for, 1.55 cr against · 34% 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 — 94 named members
owning 41.0% between them · as of 2026-06-30
Rahul Chandrakant Kirloskar as individual, as a Karta of Rahul C. Kirloskar HUF and as a Trustee of C. S. Kirloskar Testamentary Trust12.23%
Atul Chandrakant Kirloskar as individual, as a Trustee of C.S. Kirloskar Testamentary Trust and as a Karta of Atul C. Kirloskar HUF10.09%
Kirloskar Industries Limited5.65%
Alpana Rahul Kirloskar5.36%
Gauri Kirloskar3.96%
Arti Atul Kirloskar2.22%
Aditi Atul Kirloskar1.32%
Navsai Opportunities Private limited (earlier known as Navsai Investments Private Limited)0.06%
Business done with them
FY2026 · 1 of the group
The company paid ₹10 L to companies in the promoter group last year — about 0.0% of its ₹7,701 cr revenue.
Indifour Consult Private Limited
Bought goods from them · Refer Below
₹10 L
company paid

The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

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.