Kirloskar Oil Engines Ltd's earnings have declined by -0.9%, whereas share price has declined -8.6% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Kirloskar Oil Engines Ltd share price has appreciated 3.9% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Kirloskar Oil Engines Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Kirloskar Oil Engines (KOEL) was incorporated in June 1978; is engaged in manufacturing of diesel engines. It is part of Kirloskar group of companies that has business interest in various sectors such as manufacturing, oil and gas, power, construction and mining, agriculture, industry and transport.
KOEL manufactures diesel engines in the range of 2 Kva to 6 MW. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings,
KOEL manufactures diesel engines in the range of 2 Kva to 6 MW. The engines are preferred by various services sectors like banks, telecommunication establishments, commercial use buildings, hotels and restaurants.
In 2010 Company changed its name from Kirloskar Engines India Ltd. to Kirloskar Oil Engines Ltd. Inauguration of Kirloskar Oil Engines, Kagal Plant.
The company is engaged in manufacturing of Diesel Engines, Irrigation Pump sets, Diesel Generating Sets, Engine Bearings and Engine Valves and Grey Iron Castings.
The company also offers generating sets over 1 MW that run on Heavy Fuel Oils.
The engine manufactured by company is preferred choice in powering Agricultural Machinery, Construction & Material Handling Machinery, Marine applications and equipment used by Armed Forces (Military).
The company sells small engine gensets under the name, â€œKirloskar Greenâ€.
The company had set up a greenfield project at Kagal, in Maharashtra. This project is an Export Oriented Unit that manufactures silent generating sets for global customers. It has manufacturing capacity of 60,000 engines
Companyâ€™s manufacturing plant has received ISO-14001 certification for Environmental Management System.