Kirloskar Electric Q3 FY26 results, new CEO appointed, qualified review

Going-concern doubtQualified audit opinionEmphasis of matterRevenue growth above 20%Exceptional itemResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+7.1%Reaction day

₹92.20

prior close

₹89.92

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+7.7% vs market

On the reaction day the stock moved 7.7 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

+14.2

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+14.1

30m

+10.3

Sessions after the filingfrom the prior close

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Reaction day

+7.1-0.5+7.7

Next day

+11.2-1.0+12.2

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15d

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+25.2-4.5+29.7

+33.4+5.4+28.1

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AI summary

Board approved Q3 FY26 results. Standalone revenue rose 26% to Rs 15,142 lakhs (vs Rs 11,975 YoY). Nine-month revenue Rs 42,577 lakhs. Q3 PAT Rs 440 lakhs, nine-month PAT Rs 1,139 lakhs. Exceptional charge of Rs 809 lakhs booked for new Labour Codes impact on gratuity/leave liability. Ms Janaki Kirloskar (promoter family) appointed as CEO. Auditor gave a qualified review, flagging amounts due from subsidiaries of Rs 10,617 lakhs and eroded net worth; going concern basis retained on restructuring and asset monetisation plans.

Likely market impact

Revenue growth is strong but auditor concerns over subsidiary dues and eroded net worth remain risks. Watch Hubballi land sale progress and NCLT merger hearing in March 2026.