Kirloskar Electric Company
- Market cap
- ₹ 689 Cr.
- P/E
- 49x
- P/B
- 5.51x
- 52-week range
- 75.47 – 155
- ROE
- 7%
- ROCE
- 15%
- Dividend yield
- 0%
- Debt / equity
- 0.76
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Kirloskar Electric Company Limited is an India-based electrical engineering company. The Company is engaged in the manufacturing of various electrical equipment’s such as motors, alternators and generators, transformers, DG sets and others. It designs, manufactures, markets, and services rotating machines. It serves a range of industries, such as power generation, transmission and distribution, transportation, renewable energy, sugar, steel, cement, and allied industries. The Company's products consist of alternating current (AC) motors, AC Generators, direct current (DC) Motors, diesel generator (DG) sets, electronics, switchgear, traction, transformers, and projects and systems. It is engaged in manufacturing transformers up to 100 Mega Volt-Amp (MVA) 220 kilo Volt (kV) for utilities, captive, and industrial users. The Company consists of over nine manufacturing locations and 34 sales offices. It delivers traction electrics, power car generators, and batteries to Indian Railways.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Kirloskar Electric Company against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)49 against a typical 27.6: pricier than most peers (1st = cheapest).63rd of 79
- Sales growth−21.5% against a typical +32.2% from a year earlier.56th of 68
- Profit growth−1,526.2% against a typical +15.9% from a year earlier.64th of 64
- Share price, 3 months−18.3% against a typical −7.9%.50th of 73
- Size₹ 688.6 Cr. market value against a typical ₹ 559.7 Cr. (1st = largest).31st of 76
Latest announcements
Exchange filings and their impact on the company.
- Board approves Rs 100 cr bank overdrafts backed by related-party FD and promoter guarantee, doubling debt base.
Kirloskar Electric's board on October 26, 2026 approved two short-term borrowings from Kotak Mahindra Bank - a Rs 50 crore overdraft secured by a fixed deposit of related party Kirloskar Power Equipments and a Rs 50 crore drop-line overdraft. The bank sought a personal guarantee from Executive Chairman Vijay R Kirloskar, for which the company will give him an indemnity. The Rs 100 crore limits secure near-term working capital but will raise debt and interest costs if fully drawn.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 19 Oct 2026 |
| CARE | CARE B-; ISSUER NOT COOPERATING* | Stable | 1 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Oct 2026 | ▲ Upgrade | — | Medium | CRISIL | ₹ 115.63 Cr. | |
| 1 Jun 2026 | ▼ Downgrade | CARE B- | — | CARE | ₹ 115.63 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 and other agenda matters. |
| 16 Jul 2026 | Fund Raising/Other business matters | To consider the proposal for fund raising by issuance of equity shares of the Company by way of preferential issue or any other methods and other matters. |
| 26 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 11 Feb 2026 | Financial Results/Other business matters | Kirloskar Electric Company Ltd has informed NSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026,inter alia, to consider and approve, the Ind-AS compliant unaudited financial results (standalone and consolidated) for the quarter & nine months ended December 31, 2025. |
| 11 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the quarter and half year ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the Ind AS compliant unaudited financial results (Standalone and Consolidated) for the quarter ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 145 | 126 | 169 | 133 | 161 | 120 | 129 | 132 | 142 | 151 | 164 | 104 |
| Expenses | 133 | 120 | 158 | 125 | 161 | 114 | 128 | 125 | 136 | 136 | 157 | 104 |
| Operating Profit | 12 | 6 | 11 | 9 | 0 | 6 | 1 | 7 | 6 | 16 | 6 | −0 |
| OPM % | 8.5% | 4.5% | 6.5% | 6.6% | 0.1% | 4.8% | 0.5% | 5.2% | 4.5% | 10.4% | 3.9% | −0.4% |
| Other Income | 1 | 3 | 2 | 1 | 12 | 2 | 3 | 1 | 11 | −4 | 1 | 1 |
| Interest | 7 | 6 | 7 | 7 | 6 | 5 | 6 | 6 | 6 | 6 | 7 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 2 | 5 | 2 | 5 | 1 | −4 | 0 | 10 | 4 | −1 | −6 |
| Tax % | 0% | 0% | 0% | 3.5% | 0% | 0% | 4.9% | 0% | 0% | 4.9% | 16.7% | 0.7% |
| Net Profit | 5 | 2 | 5 | 2 | 5 | 1 | −4 | 0 | 10 | 4 | −1 | −6 |
| EPS in Rs | 0.8 | 0.23 | 0.82 | 0.29 | 0.77 | 0.09 | −0.58 | 0.06 | 1.5 | 0.62 | −0.09 | −0.9 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 1%
- 5 Years
- 16%
- 3 Years
- 8%
- TTM
- 3%
- 10 Years
- 8%
- 5 Years
- 17%
- 3 Years
- −29%
- TTM
- 299%
- 10 Years
- 10%
- 5 Years
- 50%
- 3 Years
- 5%
- TTM
- —
- 10 Years
- —
- 5 Years
- 2%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kirloskar Electric Company | ₹ 111.20 | ₹ 689 Cr. | 49x | 5.5x | 7% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Vijay R. Kirloskar
- Executive Chairman of the Board
- Mahabaleshwar Bhat
- Compliance Officer, Company Secretary
- Anand B. Hunnur
- Managing Director
- Robert Mondal
- Deputy General Manager - Stamping Division as head of Unit-7
- Janaki Kirloskar
- Member of Key Management Personnel
- Rukmini Kirloskar
- Member of Key Management Personnel
Prices are delayed and for information only. Nothing on this page is investment advice.