KIRLOSINDIndustrials

Kirloskar Industries Limited

Iron & Steel Products · ISIN INE250A01039 · BSE 500243 · NSE EQ · FV ₹10
Last price
₹3,781
+0.28%today
What this company does

Kirloskar Industries Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹1,779 cr of revenue in its latest quarter (Q1 FY27) and kept 1.9% of sales as profit.

We are pleased to present our Annual Report, which includes voluntary information to the extent available to us, in accordance with reporting framework developed and designed by International Integrated Reporting Council (IIRC). This report is primarily intended to address the information requirements of investors.
Their stated vision

To be a trusted real estate developer creating To build a world-class organisation that delivers distinctive and sustainable developments where exceptional value to our stakeholders through communities thrive.

Their stated mission

To be a trusted real estate developer creating To build a world-class organisation that delivers distinctive and sustainable developments where exceptional value to our stakeholders through communities thrive.

In the report:
49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 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)
53

At close. Not part of the score.

Profitability & returns19

How much profit it earns on the money it employs

Balance sheet64

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency50

Whether sales and profit have grown, and how steadily

Valuation4

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
Promoters hold 72%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 1.9% net margin
! Profit down 23% vs last year
! Low 2.2% return on equity

What if I invest in KIRLOSIND?

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
₹3,781 +0.28%
latest close · 2026-09-17
1-year return
+170.2%
52-wk low ₹1,20152-wk high ₹4,068
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 ratio29.1Average
LowAverageHigh
P/B ratio1.47Moderate
Below bookModerateHigh
EV / EBITDA12.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.2%Weak
WeakFairStrong ▸15%
Net margin1.9%Thin
ThinDecentStrong
EBITDA margin11.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.13Comfortable
LowModerateHigh ▸1
Interest cover4.5×Okay
RiskyOkayStrong ▸5×
More figures
Market cap
₹9,166 cr
Book value
₹2,578
EPS
₹32.48
latest quarter
Net debt
₹1,008 cr
owes more than its cash
Enterprise value
₹10,174 cr
EBITDA
₹820 cr
annualised
EBIT
₹539 cr
annualised
Operating margin
7.6%
Return on assets
1.2%
Earnings yield
3.44%
P/S
1.29
Sales / share
₹2,935.2
Tax rate
24.5%
Face value
₹10
Shares
2.4 cr
Working capital
Current assets
Current liabilities
Delivery %
45.5%
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
Looks overpricedMedium confidence
Median of 2 models ₹1,585 vs market price ₹3,781 — price is 139% above it
Safety cushion-138.6%(target ≥ +20%)
Models span ₹1,463₹1,706, midpoint ₹1,585
Model ₹1,585
Price ₹3,781
Cheap sideExpensive side

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₹1,779 cr
Other Income₹20 cr
Total Income₹1,799 cr
Cost of Materials₹1,005 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-53 cr
Employee Benefit Expense₹102 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹70 cr
Other Expenses₹510 cr
Total Expenses₹1,664 cr
Exceptional Items₹-29 cr
Profit before Tax₹105 cr
Tax Expense₹26 cr
Net Profit₹79 cr
Net margin on total income4.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹952 cr53.8%
Employee benefit expense₹102 cr5.8%
Finance costs₹30 cr1.7%
Depreciation & amortisation₹70 cr4.0%
Other expenses₹510 cr28.9%
Tax expense₹26 cr1.5%
Profit for the period₹79 cr4.5%
Total income ₹1,799 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,624 cr1,827 cr1,779 cr
Total income1,632 cr1,875 cr1,799 cr
Expenses1,537 cr1,712 cr1,664 cr
Profit before tax75 cr163 cr105 cr
Tax26 cr49 cr26 cr
Net profit (owners' share)20 cr44 cr34 cr
Net margin (owners' share, on revenue)1.3%2.4%1.9%
EPS (₹)19.17107.1832.48
YoY (latest quarter): total income +4.8% · net profit -23.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹11,690 cr
Shareholder equity
₹6,250 cr
parent shareholders
Total debt
₹1,105 cr
Cash
₹97 cr
Cash flow · H1 FY26
Operating
₹216 cr
Investing
₹-120 cr
Financing
₹-89 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.34%
trailing 12 months
Dividend / share (TTM)
₹13
Last dividend
₹13
ex 11 Aug 2026
ActionDetailEx-date
Dividend₹13 / share11 Aug 2026
Dividend₹13 / share6 Aug 2025
Dividend₹13 / share17 Sep 2024
Dividend₹11 / share4 Aug 2023
Dividend₹10 / share1 Aug 2022
Dividend₹10 / share2 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
71.9%
FII / Foreign
0.5%
DII / Domestic
1.9%
Retail / others
25.8%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtKiran Chaudhari · Designated Person208 · ₹2,08012 Aug 26
BoughtManisha Bakshi · Employees/Designated Employees411 · ₹4,11024 Dec 25
BoughtJagdish Purandare · Employees/Designated Employees4,644 · ₹46,44024 Dec 25
Bulk / block deals
SoldINDIA CAPITAL MANAGEMENT LIMITED A/C INDIA CAPITAL FUND LIMITED · NSE48,739 @ ₹1,701.2920 Jul 21
BoughtMARC FABER LIMITED (INDIA CAPITAL FUND LTD.) · NSE1.94 L @ ₹369.857 Mar 11
BoughtINDIA CAPITAL FUND LTD · NSE1.14 L @ ₹399.799 Dec 10
Stake changes
SoldGeetanjali Vikram Kirloskar · promoter→ 0.00% · 2,12517 Dec 25
BoughtRahul Kirloskar · promoter→ 17.76% · 2.28 L26 Sep 24
BoughtAtul Kirloskar · promoter→ 14.52% · 2.28 L26 Sep 24
What shareholders were asked to approve

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 · 18 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 31 March 2026 together with the Boards Report and the Auditors Report thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.42 L votes for, 3 against · 0% of mutual funds and other big investors said no
2
Declaration of dividend of Rs. 13 per equity share (i.e., 130 percent) for the Financial Year ended 31 March 2026.
Backed by 100% of shareholders other than promotersneeded 50%
2.46 L votes for, 3 against · 0% of mutual funds and other big investors said no
3
Approval for the re-appointment of Mr. Vinesh Kumar Jairath (DIN: 00391684), who retires by rotation and, being eligible, offers himself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
2.40 L votes for, 5,907 against · 12% of mutual funds and other big investors said no
4
Approval for the re-appointment of Kirtane and Pandit LLP, Chartered Accountants, (Firm Registration No. 105215W/W100057) as the Statutory Auditors of the Company, to hold the office for a second term of five consecutive years from the conclusion of the 32nd Annual General Meeting of the Company till the conclusion of the 37th Annual General Meeting of the Company, to be held in the year 2031 and to approve their remuneration.
Backed by 100% of shareholders other than promotersneeded 50%
2.46 L votes for, 5 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 — 94 named members
owning 71.9% between them · as of 2026-06-30
Rahul Chandrakant Kirloskar17.60%
Atul C Kirloskar14.38%
Jyotsna Gautam Kulkarni11.21%
Alpana Rahul Kirloskar6.75%
Ambar Gautam Kulkarni5.61%
Nihal Gautam Kulkarni5.61%
Gauri Atul Kirloskar5.02%
Arti Atul Kirloskar3.41%
Business done with them
FY2024 · 1 of the group
The company paid ₹6 L to companies in the promoter group last year — about 0.0% of its ₹6,368 cr revenue.
ATUL CHANDRAKANT KIRLOSKAR
Other payments to them · Remuneration
₹6 L
company paid

The company also transacted with 10 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.