Kirloskar Brothers (KBL) is close to being a debt-free company and will continue its growth journey into domestic and international markets. After being debt-free, the company will focus on cash flow and will not chase topline (revenue) numbers at the cost of profitability. The company’s next objective is to enhance its return on capital employed (ROCE), over 25 percent and return on equity (ROE) about 20 percent.
The company gets half of its business directly from consumers under the business-to-consumer route, and the rest half from the institutional buyers from business-to-business (B2B) and business-to-government (B2G) channels.
Kirloskar Brothers, established in 1888, is engaged in manufacturing pumps.
