Kirloskar Industries

₹5474 337.3 | 6.6%

WEBSITE BSE:500243 NSE : KIRL INDUS 10 May, 16:01

Market Cap ₹5438 Cr.

Stock P/E 22.3

P/B 1.3

Current Price ₹5474

Book Value ₹ 4189.3

Face Value 10

52W High ₹5625

Dividend Yield 0.2%

52W Low ₹ 2461

Edit Ratio

Kirloskar Industries Research see more...

Overview Inc. Year: 1978Industry: Engineering - Industrial Equipments

Kirloskar Industries Ltd is a holding corporation engaged inside the manufacturing of iron castings. It's segments are Investments (Securities and Properties), Iron Casting and Wind power generation. The Company has about seven windmills in Maharashtra with total ability of over 5.6 Megawatt (MW). Its windmills are positioned in atlirade Village, Ahmednagar. The windmills generate net wind energy of about 89.93 Lakh units per yr. The Company owns lands and buildings thereon and flats and offices in Pune, Bangalore, New Delhi and Jaipur. The Company has granted maximum of those lands and building and offices on leave and license basis to different corporations. Kirloskar Ferrous Industries Ltd (KFIL) is the subsidiary of the Company. KFIL is engaged in the commercial enterprise of manufacturing of iron castings and has its manufacturing facilities positioned at Bevinahalli Village in Karnataka and Solapur in Maharashtra.

Kirloskar Industries Share Price

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Kirloskar Industries Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	985	936	1037	1496	1786	1606	1575	1508	1578	1554
Other Income	7	7	16	17	25	11	17	10	11	15
Total Income	992	943	1054	1514	1811	1617	1592	1518	1589	1568
Total Expenditure	777	801	932	1324	1562	1364	1353	1300	1315	1325
Operating Profit	215	142	122	189	249	252	239	219	274	243
Interest	5	6	14	21	25	25	26	30	30	30
Depreciation	22	23	28	41	42	44	49	47	58	64
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	-37	0
Profit Before Tax	187	113	79	127	182	184	165	142	150	148
Provision for Tax	52	29	123	24	51	51	71	48	59	43
Profit After Tax	135	85	-44	103	130	133	93	94	91	105
Adjustments	-59	-40	44	-54	-61	-70	-49	-53	25	-62
Profit After Adjustments	76	45	0	48	69	63	44	41	116	43
Adjusted Earnings Per Share	78	45.8	0.1	49.4	70.4	64.2	44.4	41.1	116.8	43.4

Kirloskar Industries Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1239	1368	1119	1137	1793	2190	1886	2055	3783	6466	6215
Other Income	53	58	58	50	37	37	44	28	38	70	53
Total Income	1292	1427	1176	1187	1830	2227	1930	2082	3821	6536	6267
Total Expenditure	1129	1228	971	968	1675	1965	1651	1598	3126	5605	5293
Operating Profit	163	198	205	219	155	262	279	484	695	931	975
Interest	23	30	24	14	13	18	19	27	31	97	116
Depreciation	37	51	45	47	51	57	60	79	95	176	218
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	-37
Profit Before Tax	103	117	136	159	91	188	200	378	568	658	605
Provision for Tax	26	32	36	40	23	56	49	66	252	198	221
Profit After Tax	78	86	100	119	68	132	151	311	316	460	383
Adjustments	-19	-24	-28	-44	-18	-48	-55	-148	-123	-235	-139
Profit After Adjustments	58	62	72	75	50	84	96	164	194	224	244
Adjusted Earnings Per Share	60.1	63.5	74.5	77.7	51.1	86.6	98.8	168.7	198	227	245.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	71%	51%	29%	0%
Operating Profit CAGR	34%	49%	43%	0%
PAT CAGR	46%	45%	47%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	112%	55%	48%	33%
ROE Average	17%	19%	15%	13%
ROCE Average	20%	22%	19%	17%

Kirloskar Industries Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	722	760	809	884	1789	1366	1033	1746	2329	3073
Minority's Interest	207	221	239	283	288	320	352	489	1737	1850
Borrowings	60	10	0	0	0	53	228	207	266	519
Other Non-Current Liabilities	76	76	254	101	195	241	237	104	245	302
Total Current Liabilities	438	415	287	310	518	573	568	650	2210	1789
Total Liabilities	1504	1482	1589	1578	2789	2554	2418	3196	6786	7533
Fixed Assets	553	548	556	581	592	630	878	1039	2762	3092
Other Non-Current Assets	483	492	714	560	217	326	411	366	650	670
Total Current Assets	467	441	318	437	1980	1598	1129	1791	3374	3771
Total Assets	1504	1482	1589	1578	2789	2554	2418	3196	6786	7533

Kirloskar Industries Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	7	13	11	8	13	3	3	38	45	94
Cash Flow from Operating Activities	83	156	103	88	107	113	185	256	317	760
Cash Flow from Investing Activities	-83	-56	6	-51	-31	-108	-258	-194	-931	-369
Cash Flow from Financing Activities	-9	-101	-113	-28	-87	-4	108	-56	-56	-397
Net Cash Inflow / Outflow	-9	-1	-4	9	-11	0	35	6	-670	-5
Closing Cash & Cash Equivalent	13	11	8	17	3	3	38	45	94	89

Kirloskar Industries Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	60.08	63.5	74.46	77.67	51.09	86.59	98.75	168.68	197.96	227.03
CEPS(Rs)	117.97	141.03	149.95	171.26	122.64	194.13	217.39	402.46	420.92	643.1
DPS(Rs)	4	20	20	20	21	21	10	10	10	11
Book NAV/Share(Rs)	743.93	783	833.33	910.84	1836.7	1389.17	1043.31	1769.69	2357.88	3088.15
Core EBITDA Margin(%)	7.9	9.1	11.63	13.23	6.55	10.29	12.45	22.2	17.36	13.31
EBIT Margin(%)	9.03	9.54	12.6	13.47	5.79	9.39	11.59	19.69	15.85	11.67
Pre Tax Margin(%)	7.39	7.61	10.74	12.4	5.09	8.57	10.6	18.38	15.02	10.17
PAT Margin (%)	5.56	5.55	7.93	9.32	3.8	6.01	7.99	15.16	8.36	7.11
Cash Profit Margin (%)	8.2	8.88	11.5	12.98	6.64	8.61	11.19	19.02	10.88	9.83
ROA(%)	6.86	5.73	6.54	7.54	3.12	4.93	6.06	11.1	6.33	6.42
ROE(%)	13.82	11.55	12.79	14.1	5.1	8.41	12.75	22.8	15.71	17.16
ROCE(%)	18.66	16.3	17.62	18.18	7.3	12.26	15.41	23.93	21.52	19.94
Receivable days	45.35	43.41	45.63	48.09	49.96	56.11	65.12	58.03	56.43	45.92
Inventory Days	32.17	33.22	30.48	30.6	34.52	38.62	46.71	46.26	61.59	60.03
Payable days	67.05	51.13	49.76	48.94	34.04	44.17	67.47	65.08	44.02	38.8
PER(x)	5.14	8.36	8.27	14.23	23.18	8.93	4.5	7.36	7.83	10.72
Price/Book(x)	0.42	0.68	0.74	1.21	0.64	0.56	0.43	0.7	0.66	0.79
Dividend Yield(%)	1.29	3.77	3.25	1.81	1.77	2.72	2.25	0.81	0.64	0.45
EV/Net Sales(x)	0.33	0.39	0.59	0.96	0.66	0.39	0.37	0.7	0.63	0.49
EV/Core EBITDA(x)	2.53	2.66	3.2	4.95	7.69	3.24	2.5	2.96	3.42	3.4
Net Sales Growth(%)	39.96	10.45	-18.25	1.66	57.63	22.18	-13.89	8.94	84.1	70.94
EBIT Growth(%)	150.68	16.62	8.4	8.23	-39.89	98.23	6.27	85.11	48.19	25.93
PAT Growth(%)	85.28	10.17	17.24	19	-43	93.59	14.34	106.76	1.52	45.34
EPS Growth(%)	1434.5	5.68	17.26	4.31	-34.22	69.48	14.05	70.81	17.35	14.69
Debt/Equity(x)	0.26	0.17	0.13	0.11	0.04	0.09	0.31	0.17	0.52	0.32
Current Ratio(x)	1.07	1.06	1.11	1.41	3.82	2.79	1.99	2.76	1.53	2.11
Quick Ratio(x)	0.7	0.78	0.79	1.02	3.4	2.36	1.57	2.32	1.08	1.47
Interest Cover(x)	5.51	4.94	6.78	12.64	8.29	11.43	11.75	15.12	19.27	7.78
Total Debt/Mcap(x)	0.63	0.26	0.18	0.09	0.06	0.17	0.72	0.24	0.79	0.4

Kirloskar Industries Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	72.61	72.58	72.43	72.38	72.36	71.81	71.8	71.77	71.77	71.51
FII	0.42	0.4	0.39	0.62	0.58	0.64	0.57	0.69	0.73	0.63
DII	4.12	4.12	4.11	3.86	3.46	2.15	1.94	1.9	1.9	1.89
Public	22.85	22.91	23.08	23.15	23.6	25.4	25.68	25.64	25.61	25.97
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71
FII	0	0	0	0.01	0.01	0.01	0.01	0.01	0.01	0.01
DII	0.04	0.04	0.04	0.04	0.03	0.02	0.02	0.02	0.02	0.02
Public	0.22	0.22	0.23	0.23	0.23	0.25	0.25	0.25	0.25	0.26
Others	0	0	0	0	0	0	0	0	0	0
Total	0.98	0.98	0.98	0.98	0.98	0.99	0.99	0.99	0.99	0.99

Pros

Company has delivered good profit growth of 46% CAGR over last 5 years
Debtor days have improved from 44.02 to 38.8days.
Company is almost debt free.

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Kirloskar Industries News

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Kirloskar Industries

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Kirloskar Industries Research see more...

Overview Inc. Year: 1978Industry: Engineering - Industrial Equipments

Kirloskar Industries Share Price

Alert Data

Quarterly Price

Peer Comparison

Kirloskar Industries Quarterly Results

Kirloskar Industries Profit & Loss

Growth Rates

Kirloskar Industries Balance Sheet

Kirloskar Industries Cash Flow

Kirloskar Industries Ratios

Kirloskar Industries Shareholding Pattern

Kirloskar Industries News

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