Kirloskar Industries Ltd

NSE: KIRLOSIND BSE: 500243Metal

Kirloskar Ind is engaged in the business of Iron castings, Investments (Securities and Properties), Wind power generation and real estate. The Company owns lands, buildings, apartments and offices in Pune, New Delhi and Jaipur. The Co. has given most of these lands, buildings and offices on a lease and license basis to the group and other companies. [1] [2]

₹3,007

52W: ₹2456 — ₹4726

PE 40.8 · Book ₹5372 · -44% vs book

Market Cap₹3,160 Cr

Stock P/E40.8Price to Earnings

ROCE2.11%Return on Capital

ROE1.62%Return on Equity

Div. Yield0.43%Face Value ₹10

Strengths

+Company has reduced debt.
+Company is almost debt free.
+Stock is trading at 0.56 times its book value

Weaknesses

−The company has delivered a poor sales growth of 6.65% over past five years.
−Company has a low return on equity of 2.35% over last 3 years.
−Earnings include an other income of Rs.28.8 Cr.

Shareholding Pattern

Promoters71.87%

FIIs0.5%

DIIs1.88%

Public25.74%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	71.44%	71.31%▼0.1	72.57%▲1.3	72.56%▼0.0	72.53%▼0.0	72.52%▼0.0	71.87%▼0.6	71.87%
FIIs	0.71%	0.7%▼0.0	0.59%▼0.1	0.59%	0.54%▼0.0	0.53%▼0.0	0.47%▼0.1	0.5%▲0.0
DIIs	1.94%	1.95%▲0.0	1.88%▼0.1	1.9%▲0.0	1.91%▲0.0	1.94%▲0.0	1.92%▼0.0	1.88%▼0.0
Public	25.9%	26.03%▲0.1	24.96%▼1.1	24.96%	25.03%▲0.1	25.01%▼0.0	25.72%▲0.7	25.74%▲0.0

Financial Statements

Metric	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	42.24	7.02	33.04	6.97	43.25	9.04	36.53	10.12	49.53	9.98
Expenses	5.73	7.62	10.45	7.2	7.62	5.58	2.11	4.07	5.35	5.43
Operating Profit	36.51	-0.6	22.59	-0.23	35.63	3.46	34.42	6.05	44.18	4.55
OPM %	86.43%	-8.55%	68.37%	-3.3%	82.38%	38.27%	94.22%	59.78%	89.2%	45.59%
Net Profit	36.06	4.48	21.97	6.36	34.52	6.58	30.86	7.94	39.56	6.21
EPS ₹	36.45	4.53	22.13	6.4	33.16	6.32	29.64	7.62	37.68	5.91

AI Insights

Revenue Trend

TTM revenue at ₹106Cr, down 10.9% YoY. OPM at 84%.

Debt Position

Borrowings at ₹7Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 1.88% (-0.06pp change). FIIs: 0.5% (-0.07pp change). Promoters hold 71.87%.

Margin & Efficiency

ROCE declining from 8% (Mar 2014) to 2% (Mar 2025). Working capital days: 9.

Valuation

PE 40.8x with 2.11% ROCE. Price is -44% above book value of ₹5,372. Dividend yield: 0.43%.