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CRISIL reaffirms rating of Kirloskar Oil Engines’ bank facilities

17 Oct 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed ‘AA/Stable/A1+’ rating to the bank facilities of Kirloskar Oil Engines (KOEL). The rating continue to reflect the company’s strong financial risk profile, marked by low gearing and healthy liquid surpluses, and established position in the small- and medium-sized diesel engines segment, supported by its leading market position across key end-user segments.

the rating strength is partially offset by the company’s susceptibility to cyclicality in its end-user segments, to volatility in raw material prices, and to intense competition in the diesel engine market.

Kirloskar Oil Engines manufactures the widest range of diesel engines in India. Its other product range includes irrigation pump sets, diesel generating sets and engine bearings.

Kirloskar Oil Eng Share Price

1616.95 2.05 (0.13%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
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