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Kirloskar Brothers Ltd (KIRLOSBROS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500241 NSE: KIRLOSBROS Compressors / Pumps | Small Cap | Kirloskar Brothers Share Price

₹1,833.65 -0.85 (-0.05%)

As on 27-Jul'26 16:59

Kirloskar Brothers Ltd (KIRLOSBROS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500241 NSE: KIRLOSBROS Compressors / Pumps | Small Cap | Kirloskar Brothers Share Price

₹1,833.65 -0.85 (-0.05%)

As on 27-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹14,568 Cr.
Current Price
₹1,833.7
52-Week Low / High
₹1,333 / 2,192
TTM EPS
₹30.1
TTM Sales
₹2,828 Cr.
Book Value per Share
₹232.8
P/E Ratio
60.96
Higher than its 5-year historical median
Industry PE
47.1
Price to Book (P/B)
7.88
Higher than its 5-year historical median
Price to Sales (P/S)
5.15
Higher than its 5-year historical median
EV/EBITDA
33.27
Higher than its 5-year historical median
Dividend Yield
0.38%
Profitability Efficiency
Return on Equity (ROE)
13.61%
Underperforms industry median
Return on Capital Employed (ROCE)
18.72%
Underperforms industry median
Return on Assets (ROA)
8.49%
Operating Profit Margin
11.8%
Net Profit Margin
8.45%
Gross Profit Margin
14.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.53%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-7.37%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-8.83%
Asset Quality
Promoter Holding
65.95%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,833 Cr.
Equity
₹15.9 Cr.
Face Value
₹2
All Time Low / High
₹2.23 / 2684.70

Kirloskar Brothers stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Kirloskar Brothers Ltd a good quality company?
Kirloskar Brothers Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kirloskar Brothers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kirloskar Brothers Ltd vs industry peers?
Kirloskar Brothers Ltd revenue CAGR is 9.46%, compared to the industry median CAGR of 16.36%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Kirloskar Brothers Ltd?
Promoters hold 65.95% of the Kirloskar Brothers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 How do the current valuation ratios compare with 5-year historical median and industry numbers?

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kirloskar Brothers Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 8.1%11.3%13.9%12.6%12%9.9%16.2%23%22.3%18.7%-
Value Creation
Index
-0.4-0.20.0-0.1-0.2-0.30.20.70.70.4-

Growth Parameters

Sales 1,7351,9132,2232,0971,8002,1662,5402,7202,9012,8282,828
Sales YoY Gr.-10.2%16.3%-5.7%-14.2%20.3%17.3%7.1%6.7%-2.5%-
Adj EPS 4.28.310.910.112.211.920.130.732.133.530.1
YoY Gr.-96.7%30.8%-7.2%20.6%-2.6%69.5%52.5%4.5%4.5%-
BVPS (₹) 105.5112.8118.4123134.5141.7157.6182.9209.4232.8232.8
Adj Net
Profit
33.66686.480.296.894.3160244255266239
Cash Flow from Ops. 11814882.921224378249211259277-
Debt/CF from Ops. 1.61.11.91.50.630.50.200-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.6%9.5%3.7%-2.5%
Adj EPS 25.9%22.4%18.5%4.5%
BVPS9.2%11.6%13.9%11.2%
Share Price 28.8% 33.1% 35.2% -7.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
4.17.69.48.49.58.613.41816.415.212.9
Op. Profit
Mgn %
6.27.17.38.29.67.39.712.412.411.813.7
Net Profit
Mgn %
1.93.53.93.85.44.46.398.89.48.5
Debt to
Equity
0.20.20.20.30.10.20.10000
Working Cap
Days
27425923625127521918417517018097
Cash Conv.
Cycle
2027313838393738393841

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,7351,9122,2232,0971,8002,1662,5402,7202,9012,828
Operating Expenses + 1,6291,7792,0611,9261,6272,0092,2962,3842,5422,495
Manufacturing Costs157168210209141222263293319305
Material Costs9971,1291,3211,1621,0701,3171,4741,4791,5521,537
Employee Cost 217227241258225251287343353375
Other Costs 258254290297191219271268317277
Operating Profit 106134162171172157244336359333
Operating Profit Margin (%) 6.1%7.0%7.3%8.2%9.6%7.2%9.6%12.4%12.4%11.8%
Other Income + 181925251936334241103
Exceptional Items 000-6-4-25-14-111-41
Interest 32252630241614657
Depreciation 40353740384142495864
Profit Before Tax 5392124120125111207323347323
Tax 20273741323355798584
Profit After Tax 336687799378153243262239
PAT Margin (%) 1.9%3.4%3.9%3.8%5.2%3.6%6.0%9.0%9.0%8.5%
Adjusted EPS (₹)4.28.311.010.011.79.819.230.733.030.1
Dividend Payout Ratio (%)24.10%30.30%22.70%25.10%25.60%30.50%23.40%19.60%21.20%23.30%

Valuation of Kirloskar Brothers - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 8388969409771,0681,1251,2521,4521,6631,849
Share Capital 16161616161616161616
Reserves 8228809249611,0521,1101,2361,4361,6471,833
Debt +189153147284114203823994
Long Term Debt1362459348249000
Short Term Debt18811712422580121333994
Minority Interest0000000000
Trade Payables414442537451468452455501467491
Others Liabilities 485551514599565534548517525619
Total Liabilities 1,9252,0412,1392,3102,2152,3142,3372,5092,6642,962

Fixed Assets

Net Fixed Assets +291281280304299351335430439468
Gross Block6636847187818008889111,0391,0881,170
Accumulated Depreciation372403438476502537576610650702
CWIP 3122448722178242837
Investments 239273298337463565491527737903
Inventories260313367420374419439492511575
Trade Receivables340382471339349394369444388297
Cash Equivalents 25613519762611501559680
Others Assets 767720664666595502473438465602
Total Assets 1,9252,0412,1392,3102,2152,3142,3372,5092,6642,962

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1181488321224378249211259277
PBT 5392124120125111207323347323
Adjustment 10976861058875995972-12
Changes in Working Capital -49-9-1121657-83-6-99-5955
Tax Paid 5-11-15-29-27-25-52-71-101-89
Cash Flow From Investing Activity + -21-60-61-139-177-139-3-83-228-215
Capex -32-34-47-89-57-42-85-83-63-77
Net Investments 010-45-79-12364-29-199-156
Others 11-28-14-5-412718293319
Cash Flow From Financing Activity + -91-52-4789-19962-155-122-87-75
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -135-1235-2549-33-4900
Interest Paid -26-18-18-19-24-11-10-4-3-3
Dividend Paid -1-10-24-42-4-24-24-36-47-55
Others -64-597114-14549-88-33-37-17
Net Cash Flow 636-25162-1331916-56-13

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)4.017.579.518.269.127.1312.841816.8313.61
ROCE (%)8.1211.2713.9212.5911.959.8816.2122.9722.2818.72
Asset Turnover Ratio0.940.991.080.950.80.971.111.141.141.02
PAT to CFO Conversion(x)3.582.240.952.682.6111.630.870.991.16
Working Capital Days
Receivable Days69.7067.4069.1069.6069.1061.7054.2053.7051.6043.60
Inventory Days46.6053.405567.6079.7065.9060.9061.5062.1069
Payable Days147.20138.40135.30155.10156.70127.60112.30117.90113.80113.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kirloskar Brothers Ltd FAQs

The current trading price of Kirloskar Brothers on 27-Jul-2026 16:59 is ₹1,833.7.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Jul-2026 the market cap of Kirloskar Brothers stood at ₹14,567.6 Cr

The latest P/E ratio of Kirloskar Brothers as of 26-Jul-2026 is 60.96.

The latest P/B ratio of Kirloskar Brothers as of 26-Jul-2026 is 7.88.

The 52-week high of Kirloskar Brothers is ₹2,192.3 and the 52-week low is ₹1,333.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kirloskar Brothers is ₹2,828 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kirloskar Brothers Ltd is a good quality company.

The key valuation ratios of Kirloskar Brothers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kirloskar Brothers Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Kirloskar Brothers Ltd

Kirloskar Brothers (KBL), established in 1888, is engaged in manufacturing pumps. KBL was incorporated in the year 1920 it is part of $2.2 billion Kirloskar group. It is India’s largest manufacturer and exporter of pumps and valves. KBL Sales in 2010-2011 exceeded US $ 590 Million with a market capitalization of more than US $ 350 million. The core business of KBL is manufacturing of project and engineered pumps, industrial pumps, agriculture and domestic pumps, valves, hydro turbines, power generation and anti corrosion products.

The company is one of the three manufacturers in the world to manufacture and install 200 KW canned motor pumps for nuclear application. KBL is India’s largest manufacturer and exporter of pumps and also the largest infrastructure pumping project contractor in Asia. To its credit KBL has created the world’s largest pumping scheme which will irrigate more than two million hectares of land and supply water to 4620 towns and villages in the state of Gujarat in India. The scheme was known as Sardar Sarovar Narmada Nigam Scheme.

KBL’s subsidiary in England, SPP Pumps which was acquired in 2003 is the undisputed leader in the Fire-fighting and Water Supply segments in Europe and the Middle East. Together KBL and SPP represent the world’s largest fire fighting pump business for onshore and offshore applications. KBL is one of the three manufacturers in the world who have manufactured and installed 200 kW Canned motor pumps for nuclear application. KBL is the first company to introduce Concrete Volute Pumps in India.

In April 2010, Kirloskar Brothers through its wholly owned subsidiary - Kirloskar Brothers International B. V., Netherlands, had acquired 90% shares in Braybar, based in South Africa.

In December 2010, Kirloskar Brothers disposed off its 100% shares of the wholly owned subsidiaries -- Pressmatic Electro Stampings and Quadromatic Engineering  -- to its wholly owned subsidiary -- Hematic Motors -- at its acquisition cost, at an aggregate price of about Rs 30 crore.

During March 2011, the company had manufactured the largest horizontal split-case pump for the Indian market. The pumps of the same size have already been supplied by KBL in the export markets which are operational in Portugal and Sudan.

In June 2011, Kirloskar Brothers had opened a new plant at Coimbatore for manufacturing small pumps.

Awards & Milestones

  • National Award for Excellence in Energy Management 2008 - Innovative Product / Service Award.
  • In Jan 2008, The innovative siphon breaking and siphon arrangement system of KBL, wins the Golden Peacock Award for Innovative Product. It also won two gold and one silver at the ABCI Awards.
  • The company won National Excellence in energy management by Confederation of Indian Industry (CII).
  • It won All India Award for Export Excellence given by Engineering Export Promotion Council.

2010

Kirloskar Systech Ltd. has been incorporated as a Wholly Owned Subsidiary of Kirloskar Brothers Ltd.

2011

KBL launches innovative design Tamper Proof Kinetic Air Valve
KBL Launches Mobile Pump Controller
Kirloskar Brothers Limited wins prestigious SAP ACE Award 2011
KBL honoured with the Golden Peacock Award 2010 (CSR)
KBL wins National Energy Management Award 2009
Mr. Srivastava, Director, Kirloskar Brothers honoured with the "Power Persona of the Year Award"

2012

KBL Launches web based troubleshooting guide for pumps.
Kirloskar Brothers Limited inauguratesits first Authorised Refurbishment Centre (ARC) at Vadodara
KBL gets trademark registration for JALVERTER.

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