Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Kirloskar Brothers Limited

NSE: KIRLOSBROSCompressors, Pumps & Diesel Engines

Share price

₹1,667.20

-2.66% close of 8 Oct 2026

Market cap ₹13,338 CrP/E 32.9

Business score

How strong the business is, in one number. The parts behind it are in Pro.

58

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹13,338 Cr

P/E ratio

32.9

P/B ratio

5.4

ROCE

20.4%

ROE

17.3%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹2,073.3052-week low ₹1,339.10

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 5.0% over the past year, and 6.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 6.5% to 11.7% over the last four years.

Whether it grew faster than its sector

It grew 6.3% a year against a sector median of 10.6% — 4.3 percentage points slower.

Room to re-rate, or risk of de-rating

At 32.9× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 51.7×, across 5 companies. It is against its own five-year median of 30.6×, the 61st percentile of its own range.

Whether growth justifies the valuation

Priced at 1.7 times its growth rate, on earnings growth of 19%.

Profit growthPrice per ₹1 profitPer 1% growth
Kirloskar Brothers Limited — this one19%/yr32.9×₹1.7
Cummins India Limited26%/yr53.5×₹2.1
Kirloskar Oil Engines Limited22%/yr55.0×₹2.5
Elgi Equipments Limited11%/yr39.9×₹3.6
Ksb Limited17%/yr51.7×₹3.0
Ingersoll Rand (India) Limited13%/yr48.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Compressors, Pumps & Diesel Engines), it ranks 9 of 14 on returns, 11 of 13 on growth, 11 of 14 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 20.4% on capital, ahead of 36% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1533 crore of cash from the business, spent ₹514 crore on plant and equipment, and returned ₹434 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 148 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 20 days for its cash to waiting 46 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Sales up 13% with margin at 11.8%, though profit was flat

Announced 31 Jul 2026 · Consolidated

Revenue

₹1,105 Cr

Revenue vs last year

+12.9%

Revenue vs last quarter

-21.9%

Net profit

₹68 Cr

Profit vs last year

-0.6%

Profit vs last quarter

-39.6%

Net margin

6.1%

EPS

₹8.39

Earnings call transcript · 3 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹13,338 Cr
Prev close
₹1,667.20
52w High
₹2,189
52w Low
₹1,335
Enterprise value
₹12,734 Cr
Beta
1.2
Price CAGR 1y
-13.0%
Price CAGR 3y
25.0%
Price CAGR 5y
33.0%
Price CAGR 10y
25.0%

Ratios

Return on assets
8.6%
PEG ratio
1.7
P/E ratio
32.9
P/B ratio
5.4
EV / EBITDA
23.2
Industry P/E
40.4
ROCE
20.4%
ROCE 5y average
21.6%
ROE
17.3%
Debt / Equity
0.1
Interest coverage
16.1
Dividend yield
0.4%
ROE 3y average
20.0%
ROE last year
17.0%

Annual P&L

Annual revenue
₹4,538 Cr
Annual profit
₹377 Cr
Operating margin
12.0%
Net profit margin
8.3%
EBITDA margin
12.0%
Sales growth 3y
6.8%
Sales growth 5y
10.8%
Profit growth 3y
19.0%
Profit growth 5y
20.0%
EPS
₹47.1
Sales growth TTM
5.0%
Profit growth TTM
-4.0%
Dividend payout
15.0%

Quarter P&L

Sales latest quarter
₹1,105 Cr
Profit latest quarter
₹68 Cr
YoY quarterly sales growth
12.9%
YoY quarterly profit growth
0.0%
OPM latest quarter
10.5%

Balance Sheet

Book Value
₹308
Face Value
₹2.0
Total debt
₹250 Cr
Total cash
₹405 Cr
Borrowings
₹250 Cr
Reserves / Equity
153.0

Cash Flow

Operating cash flow
₹334 Cr
Free cash flow
₹204 Cr
FCF yield
1.3%
Net cash flow
₹78 Cr

Shareholding

Promoter holding
66.0%
FII holding
6.4%
DII holding
10.2%
Public holding
17.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Cummins India4,872.2055.41,35,0571.35609.32.53,426.017.939.5
Kirloskar Oil2,230.8057.032,4730.31111.1-17.11,999.513.514.6
Elgi Equipments602.0541.119,0800.45103.327.01,062.222.622.1
KSB801.5053.213,9490.5557.2-18.8690.73.624.7
Kirl. Brothers1,712.8033.613,6010.4167.6-0.51,104.912.920.4
Ingersoll-Rand4,115.3047.312,9911.8270.519.5379.520.357.1
Kirl.Pneumatic696.1533.19,0450.8634.121.4300.310.430.3
Median748.8341.87,2830.4354.86.8639.619.122.9

Competes with: Cummins India Limited, Elgi Equipments Limited, Greaves Cotton Limited, Ingersoll Rand (India) Limited, Kirloskar Oil Engines Limited, Kirloskar Pneumatic Company Limited, Ksb Limited, Latteys Industries Limited, Oswal Pumps Limited, Roto Pumps Limited, Shakti Pumps (India) Limited, Swaraj Engines Limited, Yuken India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 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
Material Cost559472483489674544
Change in Inventories8.30-25-27-2.201.90-45
Purchases of Stock-in-Trade542035784239
Employee Cost189184187192216212
Other Expenses280217240218299239
Operating Profit11095124191112142166190112108142182116
OPM %12101316111415151111131310
Other Income10216361514112416184115
Exceptional items (within Other Income)-1.80-0.302.80-16-260
Interest8658668666998
Depreciation18192121212222242324252827
Profit before tax9572114199100129146184989611214695
Tax %30342728292622332830-72930
Net Profit6451821536697118138687212511268
EPS in Rs8.026.3510198.201215178.408.9416148.39
Diluted EPS in Rs178.408.9416148.39

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 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
Material Cost2,0482,118
Change in Inventories-12-52
Purchases of Stock-in-Trade162175
Employee Cost708779
Other Expenses977974
Operating Profit1937595151128207241206400520609545548
OPM %72.803.8053.807971113141212
Other Income15273121233753322265643838
Exceptional items (within Other Income)-7.80-39
Interest50514540475244333526253032
Depreciation9566655964716870697889100105
Profit before tax63-15167341121182135318481559452449
Tax %28-251113711344154029292820
Net Profit45-2345037216194236350419377377
EPS in Rs5.18-3.040.486.220.449.0520123044524747
Diluted EPS in Rs5247
Dividend Payout %10-162074057028152515141315

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
6%
5 years
11%
3 years
7%
TTM
5%

Compounded profit growth

10 years
34%
5 years
20%
3 years
19%
TTM
-4%

Stock price CAGR

10 years
25%
5 years
33%
3 years
25%
1 year
-13%

Return on equity

10 years
14%
5 years
18%
3 years
20%
Last year
17%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Minority Interest8.5012
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

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 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-9-0814-19259-143-3987455778
Free Cash Flow-2345658-316824550209259297204

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1067877716657626248484053
Inventory Days8699122130123137152140133157142142
Days Payable158147155144135119138128112122100128
Cash Conversion Cycle333043585575767369838268
Working Capital Days3625213626-5142028363746
ROCE %9359712151122272820

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters666666666666666666666666
FIIs3.503.884.115.035.125.616.106.276.016.056.246.41
DIIs9.319.409.779.8810109.619.799.90101010
Public212120191918181818181717
No. of Shareholders41,23840,36343,05850,10970,03771,63072,07766,86468,23666,93866,26664,065

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -14.4% (₹1,948.40 → ₹1,667.20)Brick size ₹59.02 (fixed)Bricks 32
₹1,400₹1,800₹2,000₹1,667Nov '25Feb '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹1,667.20 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-604inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,09,53,137inr

2026-03-31

News

News and filings about Kirloskar Brothers Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • engineering plastics (Noryl / glass-filled nylon) for pump internals
  • iron/steel castings & forgings (foundry inputs)
  • mechanical seals, bearings & bought-out components

Depends on the price of

  • aluminium
  • copper
  • steel

Sells to

  • Adani Power · Circulating/auxiliary cooling water pumps (concrete volute) for thermal power projects
  • Cummins India Limited · Pumps for building & construction / genset cooling applications

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Compressors, Pumps & Diesel Engines
Classification
Capital Goods › Compressors, Pumps & Diesel Engines
ISIN
INE732A01036

Plants

  • Dewas Plant · Dewas, Madhya Pradesh
  • Kaniyur / Coimbatore Plant · Coimbatore, Tamil Nadu
  • Kirloskarvadi Plant · Kirloskarvadi / near Sangli, Maharashtra
  • Sanand Plant · Sanand, Ahmedabad, Gujarat
  • Shirwal Plant · Shirwal/Satara, Maharashtra

News impact

Big market events that reach Kirloskar Brothers Limited, and how the effect spreads.

Who it hits first

  • KSB Limited, which makes pumps and valves, won a Rs118 crore export order from Dangote Projects Free Zone for boiler feed pump packages.
  • The pumps will be used in fertilizer and energy plants, with delivery planned from September 2027 to March 2028.
  • KSB shares jumped nearly 10% on September 30 as investors cheered the win and stronger export outlook.

Who may gain

  • KSB Limited (pump and valve maker) — gets the Rs118 crore order directly and stronger export credentials in fertilizer and energy.
  • Shakti Pumps, Kirloskar Brothers and Oswal Pumps (pump makers) — benefit because the win shows healthy overseas demand for Indian pumps.
  • Elgi Equipments, Ingersoll Rand India and Kirloskar Pneumatic (compressor and equipment makers) — see only a mild lift in mood as other factory-equipment makers.

Along the supply chain

Downstream

Dangote Projects Free Zone is the end user and will install the boiler feed pumps in its fertilizer and energy plants; KSB's domestic customers NTPC Limited (power generator) and Indian Oil Corporation (oil refiner and fuel seller) get no direct benefit from this export order.

Upstream

KSB's two listed suppliers, DISAQ and INVPRECQ, provide parts and materials for its pumps, so building Rs118 crore of boiler feed pumps for September 2027 to March 2028 could modestly lift their component orders.

Where demand moves

Business

Dangote Projects Free Zone, which runs fertilizer and energy plants, needs boiler feed pumps and has asked KSB Limited to build Rs118 crore worth, lifting KSB's order book and export sales from September 2027 to March 2028.

Capital

Investors rushed to buy KSB shares on September 30, pushing the price up nearly 10%, and some buying may spill over to other pump makers like Shakti Pumps and Kirloskar Brothers; power and fuel buyers gain no new money flow from this export win.

How it spreads across sectors

Capital Goods

Positive — a Rs118 crore export pump win shows healthy overseas demand for Indian pumps and factory equipment, lifting mood for pump makers.

Chemicals

Neutral to mildly positive — fertilizer-linked equipment demand is encouraging, but chemical makers get no direct orders from this win.

Power

Neutral — power generators buy pumps but gain nothing directly from KSB's Dangote export order.

A pattern seen before

Cascade chain

Pattern name

Crude Oil Cascade

Patterns

  • Crude Oil Cascade

Sectors queried

  • Cement
  • Chemicals
  • FMCG
  • Power

When it plays out

Immediate

In the next 1 to 7 days KSB holds most of its nearly 10% jump with some profit-taking, while pump makers see mild sympathy buying.

Medium term

Over 1 to 6 months focus shifts to execution — parts buying from suppliers and progress toward September 2027 delivery — and any follow-on Dangote or fertilizer orders would extend gains.

Short term

Over 1 to 4 weeks analysts size the Rs118 crore order against KSB's order book, and peers trade on export hopes without new wins of their own.

Who it hits first

  • Oswal Pumps, a pump maker expanding into solar work, won a Rs 273.19 crore order from TGREDCO to put rooftop solar plants on 9,937 government schools in Telangana.
  • Its shares rose 8% as investors priced in the new revenue from nearly 10,000 school installations.
  • Rival pump and equipment makers won nothing here, so the gain sits with Oswal alone.

Who may gain

  • Oswal Pumps: Rs 273.19 crore of fresh project revenue across 9,937 school sites.
  • TGREDCO and Telangana's schools: solar rooftops cutting power bills and aiding green targets.
  • Short-term Oswal shareholders: an 8% price pop on the announcement.

Along the supply chain

Downstream

Downstream, TGREDCO (the Telangana green-energy agency) receives 9,937 solar rooftops for its schools; Tata Power, Oswal's graphed customer, is not party to this order and sees no flow.

Upstream

Upstream gets a mild pull: panel, inverter, cable and mounting-structure suppliers to Oswal should see extra dispatches as 9,937 sites roll out, though the pack names no specific supplier.

Where demand moves

Business

Real business demand lands on Oswal Pumps: 9,937 school rooftops need panels, mounting, wiring and installation, which becomes booked revenue as sites are executed; rival bidders get none of this work.

Capital

Capital follows the order: buyers chased Oswal Pumps shares up 8%, while peer pump and power-equipment stocks see no new money from this single-company win.

How it spreads across sectors

Capital Goods

Small positive for equipment makers on green-order momentum, but revenue lands only with Oswal, so peers barely move.

Power

Mildly supportive: 9,937 solar school rooftops add distributed green capacity, too small to shift big generators.

A pattern seen before

Cascade chain

  • TGREDCO awards 9,937 school solar rooftops → Oswal Pumps books Rs 273.19 cr order revenue
  • Rooftop rollout → panel, inverter, cable and mounting dispatches rise
  • Schools generate daytime solar → grid draw and power bills fall in Telangana
  • Distributed green capacity grows → Power sector renewable mix edges up

Pattern name

Energy Transition Cascade

Patterns

  • Energy Transition Cascade

Sectors queried

  • Auto
  • Oil & Gas

When it plays out

Immediate

Oswal shares stay firm near the 8% pop as the TGREDCO order details and execution schedule sink in.

Medium term

Installation progress and TGREDCO payments decide the real margin; steady execution extends gains, delays trim them.

Short term

Work orders and site mobilisation across the 9,937 schools confirm the revenue pipeline; peers drift on their own news.

Who it hits first

  • L&T: Largest govt contract book — relief on Gulf-exposed projects (Saudi/UAE/Qatar engineering)
  • KEC: Power transmission with Middle East exposure benefits from delivery flexibility
  • RVNL/IRCON/PNCINFRA: Indian rail/road EPC may have material/equipment imports from Gulf-touched supply chain
  • BHEL: Government heavy machinery LD waiver positive

Who may gain

  • L&T: lowest LD risk — primary beneficiary
  • KEC International: cross-border project flex
  • RVNL: liability cushion
  • BHEL: large project portfolio with govt

Along the supply chain

Downstream

Project owners (govt/PSU) absorb delay; pass-through reduced friction

Upstream

Indian EPC import flexibility on Middle East-routed materials (steel from UAE, equipment ex-Saudi)

Where demand moves

Business

Reduces near-term provisioning need for liquidated damages; freeing up balance sheet

Capital

Gulf-exposed EPC names re-rate; risk premium narrows by 50-100 bps

How it spreads across sectors

Capital Goods

Heavy equipment exporters' LD risk lifts

Construction

Sector-wide relief; mid-cap EPC particularly relieved

Defence

Public defence orders also covered — MAZDOCK, BEL incidental positive

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

24 Jul 2026unspecified₹7
25 Jul 2025unspecified₹7
26 Jul 2024unspecified₹6
25 Jul 2023unspecified₹4.5
2 Aug 2022unspecified₹3
26 Aug 2021unspecified₹3
17 Sep 2020unspecified₹0.5
27 Feb 2020interim₹2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.