KOEL Annual Report FY26 and AGM Notice filed; AGM on Aug 7, 2026
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KOEL filed its Annual Report for FY25-26 and Notice of AGM scheduled for August 7, 2026. Standalone net sales grew 25 percent to Rs 5,604 cr with EBITDA up 33 percent at Rs 737 cr and net profit from continuing operations up 35 percent at Rs 464 cr. Power generation grew 32 percent, industrial 22 percent, and international revenues crossed Rs 1,000 cr. Board proposed total dividend of 350 percent (Rs 7 per share). B2C business hived off to wholly owned subsidiary KOEL Fluid Dynamics effective Oct 11, 2025, and new subsidiary KASPL was formed for defence systems. Rs 2,100 cr capex approved at Kagal for capacity expansion.
Strong FY26 results, higher dividend, and growth plans signal positive outlook; B2C hive-off sharpens B2B focus for shareholders.