Kirloskar Industries (KIRLOSIND) had a P/E of 24.2× on 6 Nov 2026, below the industry P/E of 25.1×, and the shares are 25% below their 52-week high. Sales and net profit grew 1.4% and 1.5% a year over 3 years, with ROCE of 6.6% and ROE of 3.6%. Debt is 0.13× equity, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹3,593 Cr, ranked 15th of 71 Metal Fabrication companies by market cap; the shares fell 9.5% over the past year.
- ₹3,370.00
- ₹3,678.00
- ₹3,257.80
- ₹3,403.20
- 37.6K
Health check
- ReturnsBehind
−9.5% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 24.2 vs industry 25.1.
- GrowthSlow
Sales +1.4%, profit +1.5% a year over 3 years.
- ProfitabilityWeak
ROCE 6.6% vs peer median 15.6%.
- Balance sheetSolid
Debt 0.13× equity, interest covered 7.5×.
- Red flags2 to check
Return on equity is low at 3.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹3,593 Cr
- Small cap
- P/E
- 24.2
- Industry 25.1
- Price to book
- 0.57
- Peers 7.00
- Dividend yield
- 0.38%
- ROE
- 3.6%
- Peers 8.6%
- ROCE
- 6.6%
- Peers 15.6%
- Debt to equity
- 0.13
- Debt ₹1,109 Cr
- EPS (TTM)
- ₹141.40
- Face value ₹10
- OPM (TTM)
- 12.0%
- Net margin 2.2%
- Sales growth
- +4.4%
- Latest quarter vs a year ago
- Profit growth
- −69.3%
- Latest quarter vs a year ago
- Price to sales
- 0.51
- EV/EBITDA 6.8
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.6%.
- Quarterly profit down 69.3% on a year ago.
About Kirloskar Industries
Kirloskar Industries Limited engages in the manufacturing and sale of iron castings in India. It operates through Investments (Securities & Properties); Real Estate; Iron Casting; Tube; and Steel segments. The company also manufactures seamless tubes, cylinder tubes, components, and engineering steels. In addition, it is involved in real estate development and leasing; owns real estate properties that include lands and buildings, apartments, and offices;…
- Headquarters
- Pune
- Employees
- 22
- Sector
- Industrials
- ISIN
- INE250A01039
- Website
- kirloskarindustries.com
Price range
- Avg volume (3M)
- 17.6K
- 1-year return
- minus 9.5%
- From 52-week high
- minus 25.3%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 6.7% | 14.7% | 9.7% | 26.9% | 0.49% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 64.4% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 19.3% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.24% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.58% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| KIRLOSINDKirloskar Industries | 3,417.00 | plus 0.41% | 3,593 | 24.2 | 0.57 | – | 2.4% | 12.0% | – | – | 0.38% | minus 9.5% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 8.6% | 17.1% | 14.9% | 18.3% | 0.24% | 35.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1,703 | 1,780 | 1,622 | 1,826 | 1,777 | |
| 1,487 | 1,549 | 1,440 | 1,612 | 1,564 | |
| 216 | 232 | 182 | 215 | 213 | |
| 12.7% | 13.0% | 11.2% | 11.7% | 12.0% | |
| 11 | 8.1 | 7.9 | 47.5 | 19.5 | |
| 34.2 | 32.8 | 29 | 30.1 | 29.7 | |
| 65.3 | 67.7 | 68.5 | 70.4 | 70.4 | |
| 5.2 | 5.6 | −17.6 | 1.8 | −27.7 | |
| 133 | 145 | 74.9 | 163 | 105 | |
| −79.7% | 32.4% | 34.3% | 31.9% | 24.5% | |
| 110 | 51.6 | 20.3 | 43.1 | 33.7 | |
| 103.31 | 49.16 | 19.21 | 40.73 | 31.84 |
Profit & loss
- Sales CAGR 3Y
- +1.4%
- Profit CAGR 3Y
- +1.5%
- EPS CAGR 3Y
- −0.1%
- ROE
- 3.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6,405 | 6,238 | 6,501 | 6,686 | |
| – | minus 2.6% | +4.2% | +2.9% | |
| 5,500 | 5,297 | 5,693 | 5,765 | |
| 905 | 942 | 807 | 921 | |
| 14.1% | 15.1% | 12.4% | 13.8% | |
| 7.6 | 30.4 | 23.1 | 2.9 | |
| 91.5 | 120 | 142 | 124 | |
| 176 | 242 | 259 | 272 | |
| 11.8 | −53.9 | 16.9 | −13.2 | |
| 657 | 556 | 446 | 516 | |
| 30.1% | 35.1% | 31.1% | 2.4% | |
| 218 | 200 | 149 | 228 | |
| – | minus 7.9% | minus 25.6% | +52.6% | |
| 216.77 | 194.57 | 143.76 | 216.17 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.9 | 9.9 | 10.4 | 10.5 | |
| 3,243 | 4,982 | 6,284 | 6,239 | |
| 972 | 1,226 | 1,280 | 1,109 | |
| 3,311 | 3,549 | 4,076 | 4,332 | |
| 7,536 | 9,767 | 11,651 | 11,690 | |
| 3,476 | 3,970 | 4,217 | 4,372 | |
| 388 | 728 | 651 | 733 | |
| 1,575 | 3,392 | 4,730 | 4,399 | |
| 196 | 104 | 161 | 227 | |
| 1,901 | 1,571 | 1,893 | 1,959 | |
| 7,536 | 9,767 | 11,651 | 11,690 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 760 | 575 | 598 | 870 | |
| −369 | −600 | −537 | −471 | |
| −397 | −4.6 | −69.9 | −355 | |
| −5.4 | −29.5 | −8.3 | 44.6 | |
| −482 | −499 | −509 | −451 | |
| 279 | 76.3 | 89.1 | 419 | |
| −47.3 | −57.5 | −61.6 | −62.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.2% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.