KIRLOSBROSNSEKirloskar Brothers Limited· Compressors / PumpsLowNeutral
Announced Mon, 3 Nov · 18:38 IST

Kirloskar Brothers Limited has informed the Exchange about Release

Revenue DeclineBoard & Shareholder Meetings View source PDF

KIRLOSBROS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kirloskar Brothers Limited (KBL) reported its Q2FY26 and H1FY26 unaudited results along with an analyst call scheduled for Nov 4, 2025. The consolidated order book stood strong at Rs. 3,564 Crs, up 17% YoY from Rs. 3,057 Crs, with order receipts of Rs. 1,220 Crs in Q2 (+5% YoY). However, financial performance was weak: Q2 revenue dipped ~1% to Rs. 1,028 Crs and H1 revenue fell ~2.9% to Rs. 2,007 Crs. EBITDA declined 21% YoY in Q2 to Rs. 124 Crs (margin 12.0% vs 15.1%), while PAT fell 25% YoY to Rs. 72 Crs (margin 7.0% vs 9.3%). Standalone order book was Rs. 2,127 Crs, with strong growth in Marine & Defence (+87%), Building & Construction (+16%), and Industry (+6%). New orders include 14,000+ submersible pumps for fuel retail outlets and a Mongolia refinery order. Water & Irrigation dispatches were impacted by fund delays under the JJM scheme.

Likely market impact

Despite a robust 17% YoY order book growth signalling strong future revenue visibility, the Q2 results show notable pressure on profitability with revenue, EBITDA, and PAT all declining YoY, which could weigh on near-term investor sentiment. The strong pipeline, especially in Marine & Defence and new international orders, offers a positive medium-term outlook.