MoneyWorks4Me

Kirloskar Brothers’ arm wins order worth Rs 149.59 crore

14 Jul 2026 Evaluate

Kirloskar Brothers’ wholly owned material subsidiary -- SPP Pumps Ltd., UK (SPP) has secured a significant order from Saipem Offshore Construction SPA (Saipem) for supply of vertical pumps and spares. The total value of the order stands at 11.7 million pound sterling (GBP), equivalent to around Rs 149.59 crore. The order is to be executed within 52-60 weeks from the receipt of the order.

SPP is the company’s flagship international subsidiary, having leadership position in the UK pump industry.

Kirloskar Brothers (KBL) is a world-class pump manufacturing company with expertise in engineering and manufacture of systems for fluid management.

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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