KIRLOSIND
Kirloskar Industries Limited
Kirloskar Group holding company with engineering and industrial businesses
Industrials›Capital Goods›Industrial Products›Iron & Steel Products
kirloskarindustries.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Kirloskar Industries is a Kirloskar Group company that owns Kirloskar Ferrous Industries (KFIL), a listed subsidiary making iron castings, seamless tubes and steel, alongside a real estate arm and a portfolio of investments.
Company snapshot
23rdBy market cap
Ranked among 64 companies in Iron & Steel Products.
Segment mix
Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.
Largest segment: 58.1% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Asset held for sale | 0.0% | 0.56 Cr | 0 Cr | 3 Cr |
| Investments (Securities & Properties) | 0.5% | 8 Cr | 2 Cr | 5,974 Cr |
| Iron Casting (Refer Note 3 below) | 58.1% | 937 Cr | 55 Cr | 3,554 Cr |
| Real Estate (Refer Note 2 below) | 0.1% | 2 Cr | -0.29 Cr | 457 Cr |
| Steel | 22.0% | 355 Cr | -0.97 Cr | 883 Cr |
| Tube | 37.1% | 598 Cr | 59 Cr | 1,914 Cr |
| Unallocable | 2.3% | 37 Cr | 4 Cr | 98 Cr |
Shares add up to 120% because segment revenues are before inter-segment eliminations.
What we see
- ✓Cash flow from operations is higher than reported profit — earnings quality looks solid.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -27 Cr | -27 Cr | -30 Cr | — | -35 Cr | -36 Cr | -33 Cr | -31 Cr | -30 Cr | -26 Cr | -27 Cr | -25 Cr |
| Other income | 11 Cr | 15 Cr | 8 Cr | 13 Cr | 18 Cr | 12 Cr | 27 Cr | 11 Cr | 8 Cr | 8 Cr | 47 Cr | 20 Cr |
| Net operating income | -16 Cr | -12 Cr | -23 Cr | 13 Cr | -17 Cr | -24 Cr | -6 Cr | -20 Cr | -22 Cr | -18 Cr | 21 Cr | -5 Cr |
| Employee cost | 90 Cr | 94 Cr | 93 Cr | 97 Cr | 93 Cr | 96 Cr | 78 Cr | 90 Cr | 100 Cr | 98 Cr | 102 Cr | 102 Cr |
| Other expenses | 404 Cr | 382 Cr | 416 Cr | 403 Cr | 455 Cr | 452 Cr | 435 Cr | 402 Cr | 480 Cr | 446 Cr | 473 Cr | 510 Cr |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation | 58 Cr | 64 Cr | 73 Cr | 61 Cr | 64 Cr | 66 Cr | 67 Cr | 65 Cr | 68 Cr | 68 Cr | 70 Cr | 70 Cr |
| Profit before tax | 151 Cr | 148 Cr | 116 Cr | 96 Cr | 130 Cr | 79 Cr | 142 Cr | 133 Cr | 146 Cr | 75 Cr | 162 Cr | 105 Cr |
| Tax % | 39.4% | 29.2% | 39.0% | 31.1% | 29.4% | 32.9% | 31.5% | 28.1% | 32.4% | 34.2% | 32.0% | 24.7% |
| Net profit | 91 Cr | 105 Cr | 71 Cr | 66 Cr | 92 Cr | 53 Cr | 97 Cr | 95 Cr | 98 Cr | 49 Cr | 110 Cr | 79 Cr |
| EPS (₹) | ₹116.89 | ₹43.43 | ₹63.10 | ₹28.73 | ₹49.94 | ₹23.09 | ₹44.94 | ₹42.11 | ₹49.55 | ₹19.36 | ₹41.00 | ₹32.05 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | — | — | -15 Cr | -16 Cr | -24 Cr | -28 Cr | -87 Cr | -111 Cr | -135 Cr | -114 Cr | Sign in free for the trailing twelve months |
| Other income | 50 Cr | 71 Cr | 36 Cr | 44 Cr | 28 Cr | 38 Cr | 70 Cr | 43 Cr | 70 Cr | 74 Cr | Sign in free for the trailing twelve months |
| Net operating income | 50 Cr | 71 Cr | 22 Cr | 28 Cr | 4 Cr | 10 Cr | -17 Cr | -68 Cr | -65 Cr | -39 Cr | Sign in free for the trailing twelve months |
| Employee cost | 75 Cr | 91 Cr | 100 Cr | 101 Cr | 114 Cr | 147 Cr | 329 Cr | 359 Cr | 364 Cr | 389 Cr | Sign in free for the trailing twelve months |
| Other expenses | 304 Cr | 403 Cr | 515 Cr | 417 Cr | 430 Cr | 708 Cr | 1,578 Cr | 1,593 Cr | 1,744 Cr | 1,802 Cr | Sign in free for the trailing twelve months |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | Sign in free for the trailing twelve months |
| Depreciation | 47 Cr | 51 Cr | 57 Cr | 60 Cr | 79 Cr | 95 Cr | 176 Cr | 242 Cr | 259 Cr | 272 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 159 Cr | 100 Cr | 188 Cr | 200 Cr | 378 Cr | 568 Cr | 658 Cr | 556 Cr | 447 Cr | 516 Cr | Sign in free for the trailing twelve months |
| Tax % | 24.9% | 22.0% | 29.8% | 24.7% | 17.5% | 44.4% | 30.1% | 35.2% | 31.1% | 31.4% | Sign in free for the trailing twelve months |
| Net profit | 119 Cr | 60 Cr | 132 Cr | 151 Cr | 311 Cr | 316 Cr | 460 Cr | 361 Cr | 308 Cr | 354 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹77.66 | ₹61.64 | ₹86.61 | ₹98.77 | ₹168.70 | ₹198.68 | ₹228.49 | ₹193.67 | ₹146.41 | ₹151.92 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 4.4% | 14.9% | 10.3% | 15.9% | 20.0% | 17.7% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 11 Cr |
| Reserves | 875 Cr | 917 Cr | 1,356 Cr | 1,023 Cr | 1,736 Cr | 2,319 Cr | 3,063 Cr | 4,844 Cr | 8,145 Cr | 6,170 Cr |
| Borrowings | 97 Cr | 72 Cr | 126 Cr | 323 Cr | 305 Cr | 1,157 Cr | 979 Cr | 1,241 Cr | 1,283 Cr | 1,113 Cr |
| Other liabilities | 314 Cr | 559 Cr | 629 Cr | 601 Cr | 656 Cr | 1,502 Cr | 1,631 Cr | 1,784 Cr | 2,213 Cr | 2,351 Cr |
| Total liabilities | 1,578 Cr | 1,845 Cr | 2,441 Cr | 2,309 Cr | 3,196 Cr | 6,724 Cr | 7,533 Cr | 9,764 Cr | 11,651 Cr | 11,660 Cr |
| Fixed assets (net) | 577 Cr | 589 Cr | 627 Cr | 870 Cr | 1,030 Cr | 2,760 Cr | 3,088 Cr | 3,240 Cr | 3,566 Cr | 3,639 Cr |
| CWIP | 19 Cr | 76 Cr | 62 Cr | 138 Cr | 230 Cr | 398 Cr | 388 Cr | 728 Cr | 651 Cr | 733 Cr |
| Investments | 511 Cr | 566 Cr | 953 Cr | 560 Cr | 1,086 Cr | 1,208 Cr | 1,592 Cr | 3,409 Cr | 4,734 Cr | 4,403 Cr |
| Inventories | 122 Cr | 217 Cr | 246 Cr | 236 Cr | 284 Cr | 992 Cr | 1,135 Cr | 1,027 Cr | 1,127 Cr | 1,073 Cr |
| Trade receivables | 198 Cr | 292 Cr | 380 Cr | 293 Cr | 361 Cr | 747 Cr | 818 Cr | 912 Cr | 1,044 Cr | 1,090 Cr |
| Cash & bank | 84 Cr | 30 Cr | 3 Cr | 38 Cr | 45 Cr | 94 Cr | 89 Cr | 60 Cr | 52 Cr | 97 Cr |
| Other assets | 68 Cr | 76 Cr | 170 Cr | 174 Cr | 161 Cr | 525 Cr | 424 Cr | 387 Cr | 477 Cr | 624 Cr |
| Total assets | 1,578 Cr | 1,845 Cr | 2,441 Cr | 2,309 Cr | 3,196 Cr | 6,724 Cr | 7,533 Cr | 9,764 Cr | 11,651 Cr | 11,660 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 88 Cr | 91 Cr | 113 Cr | 170 Cr | 256 Cr | 333 Cr | 760 Cr | 576 Cr | 598 Cr | 871 Cr |
| Cash from investing | -51 Cr | -31 Cr | -108 Cr | -242 Cr | -194 Cr | -931 Cr | -369 Cr | -600 Cr | -537 Cr | -471 Cr |
| Cash from financing | -28 Cr | -71 Cr | -4 Cr | 108 Cr | -56 Cr | 647 Cr | -397 Cr | -5 Cr | -70 Cr | -355 Cr |
| Net cash flow | 9 Cr | -10 Cr | 0.42 Cr | 35 Cr | 6 Cr | 50 Cr | -5 Cr | -29 Cr | -8 Cr | 46 Cr |
| Free cash flow (OCF − Capex) | 13 Cr | 2 Cr | -52 Cr | -153 Cr | 35 Cr | -102 Cr | 279 Cr | 77 Cr | 89 Cr | 421 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 13.7% | 8.7% | 11.3% | 12.8% | 15.9% | 11.5% | 12.8% | 8.5% | 6.3% | 6.9% |
| ROE % | 6.5% | 4.9% | 5.0% | 6.9% | 7.3% | 4.8% | 4.6% | 2.8% | 3.8% | 1.9% |
| Debtor days | 63 | 63 | 63 | 57 | 64 | 72 | 46 | 52 | 58 | 57 |
| Inventory days | 74 | 76 | 67 | 76 | 99 | 157 | 111 | 107 | 108 | 101 |
| Days payable | 99 | 125 | — | — | — | — | — | — | — | — |
| Cash conversion cycle | 38 | 14 | 130 | 133 | 163 | 229 | 157 | 160 | 166 | 158 |
| Debt / equity | 0.11 | 0.08 | 0.09 | 0.31 | 0.17 | 0.50 | 0.32 | 0.26 | 0.16 | 0.18 |
| Current ratio | — | — | — | — | — | — | — | — | — | — |
| Net debt / EBITDA | 0.08 | — | 0.54 | 1.21 | 0.57 | 1.62 | 1.03 | 1.26 | 1.60 | 1.19 |