āagman

Not investment advice. Data and computed figures, for information only.

Kirloskar Brothers Ltd

NSE: KIRLOSBROS
₹1,682.90
−₹10.50 (−0.62%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹13,421 Cr
CMP
₹1,682.90
52-wk High / Low
₹2,189 / 1,335
P/E
33.2
P/B
5.5
Book Value
₹310.0
Div Yield
0.41%
ROCE
20.0%
ROE
17.3%
Face Value
₹2
D/E
0.10

Price−14.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹573
√(22.5 × EPS × book value per share)
ROIC
13.7%
vs 12.3% sector median
Cash flow to profit
0.89
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−94
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
14.9%
ROE × earnings retention ratio
ROE stability
4.5
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.17DII −0.15
Latest quarter vs the previous one
Cash-accrual divergence
1.1%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 30.9% since FY2016 (362 to 250)
+FII holding rose by 4.8pp over the last year
+PE of 33.2x is below the sector median of 43.6x
Watch-outs
−Price trades below its 200-day moving average (1.0x)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9009139651,2241,0311,0361,1441,2819791,0281,1161,4151,105
Expenses7908188411,0339198949781,0928679199741,233989
Operating Profit11095124191112142166190112108142182116
OPM %12.2%10.4%12.8%15.6%10.9%13.7%14.5%14.8%11.4%10.5%12.7%12.9%10.5%
Other Income10216361514112416184115
Interest8658668666998
Depreciation18192121212222242324252827
Profit before tax9572114199100129146184989611214695
Net Profit6451821536697118138687212511268
EPS (₹)8.026.3510.3119.178.2012.0514.7617.278.408.9415.6514.048.39

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,7132,6422,5262,7753,3493,1352,7173,0583,7304,0014,4924,5384,664
Expenses2,5202,5672,4312,6253,2212,9282,4752,8523,3303,4813,8833,9934,116
Operating Profit1937595151128207241206400520609545548
OPM %7.1%2.8%3.8%5.4%3.8%6.6%8.9%6.7%10.7%13.0%13.6%12.0%11.7%
Other Income15273121233753322265643838
Interest50514540475244333526253032
Depreciation9566655964716870697889100105
Profit before tax63−15167341121182135318481559452449
Net Profit45−2345037216194236350419377377
EPS (₹)5.18−3.040.486.220.449.0520.2911.8829.5943.8452.2947.0547.02

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital161616161616161616161616—
Reserves9969078829278939271,0891,1621,3881,7032,0772,448—
Borrowings355362359346380578331396286192182250—
Other Liabilities1,2581,1661,1941,2661,3771,3271,2791,2891,3261,4131,3911,693—
Total Liabilities2,6252,4502,4512,5552,6662,8482,7152,8623,0163,3253,6664,407—
Fixed Assets571501480461457501481532532634655702—
CWIP1264132551732782323458—
Investments043464957104195333317410619758—
Other Assets2,0421,9011,9212,0312,1272,1911,9661,9702,0852,2492,3582,888—
Total Assets2,6252,4502,4512,5552,6662,8482,7152,8623,0163,3253,6664,407—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1279710011062305317114329370386334
Cash from Investing Activity−134−47−35−44−57−172−145−183−73−166−236−213
Cash from Financing Activity−2−50−58−52−23125−31530−169−159−92−44
Net Cash Flow−90814−19259−143−3987455778

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %9.03.05.09.07.012.015.011.022.027.028.020.0
ROE %———————————17.3
EPS (₹)5.18−3.040.486.220.449.0520.2911.8829.5943.8452.2947.05
Book Value (₹)———————————310.0
Face Value (₹)———————————2
P/E———————————33.2
Div Yield %———————————0.41
NPM %1.6−0.90.21.80.12.35.83.06.38.69.28.2
OPM %7.02.83.85.03.87.09.07.011.013.014.012.0
D/E0.350.390.400.370.420.610.300.340.200.110.090.10
P/B———————————5.5

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+6.0%
5 years+11.0%
3 years+7.0%
TTM+5.0%
Compounded profit growth
10 years+34.0%
5 years+20.0%
3 years+19.0%
TTM−4.0%
Stock price CAGR
10 years+26.0%
5 years+34.0%
3 years+21.0%
Last year−13.0%
Return on equity
10 years14.0%
5 years18.0%
3 years20.0%
Last year17.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.44%65.44%65.52%65.93%65.94%65.95%65.95%65.95%65.95%65.95%65.95%65.95%
FIIs1.56%1.56%2.33%1.95%1.81%1.19%1.67%1.59%4.11%6.10%6.24%6.41%
DIIs9.02%9.02%9.41%10.38%11.87%10.12%9.05%9.27%9.77%9.61%10.38%10.23%
Government————————————
Public23.98%23.98%22.74%21.74%20.38%22.74%23.33%23.18%20.18%18.35%17.43%17.40%
No. of shareholders18,35518,35515,85017,27716,63820,54922,52525,30143,05872,07766,26664,065
Change since Jun 2023 (pp)
Promoters +0.51FIIs +4.85DIIs +1.21Public −6.58

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Newspaper PublicationShareholder Meeting / Postal Ballot-Notice of Postal Ballot
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingAug 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPT

Corporate actions

As of 24 Jul 2026
24 Jul 2026DIVIDENDDividend - Rs 7 Per Sh—
25 Jul 2025DIVIDENDDividend - Rs 7 Per Share—
26 Jul 2024DIVIDENDDividend - Rs 6 Per Share—
25 Jul 2023DIVIDENDDividend - Rs 4.50 Per Share—
2 Aug 2022DIVIDENDDividend - Rs 3 Per Share—
26 Aug 2021DIVIDEND Dividend - Rs 3 Per Share—
17 Sep 2020DIVIDEND Dividend - Rs 0.50 Per Sh—
27 Feb 2020DIVIDEND Interim Dividend - Rs 2 Per Share—
1 Aug 2019DIVIDEND Dividend - Rs 2.50 Per Share—
12 Jul 2018DIVIDEND Dividend- Rs 2.50 Per Share—
13 Jul 2017DIVIDEND Dividend - Re 1/- Per Share—
21 Mar 2016DIVIDEND Interim Dividend - Re 0.50/- Per Share (Purpose Revised)—
16 Jul 2015DIVIDENDDividend - Re 0.50/- Per Share—
16 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Rs 2.50/- Per Share—
18 Jul 2013DIVIDENDDividend Rs 2/- Per Equity Share—
12 Jul 2012DIVIDENDDividend Rs 2 Per Share—
14 Jul 2011DIVIDENDDividend-Rs.3.50 Per Share—
15 Jul 2010DIVIDENDFinal Dividend Rs.3.50 Per Share + Special Dividend Rs.2 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman