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Dossier · KIRLOSKAR BROTHERS LTD · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
KIRLOSKAR BROTHERS LTD is a Industrial Products company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · consolidated
FY22
FY23
FY24
FY25
FY26
Revenue
3,058
3,730
4,001
4,492
4,538
EBITDA (ex other income)
206
395
526
601
505
margin %
6.7
10.6
13.2
13.4
11.1
Owners' profit
94
236
348
415
374
EPS, as reported (₹)
11.88
29.59
43.84
52.29
47.05
ROE % · ROCE %
8.0 · 11.8
16.8 · 21.6
20.3 · 26.4
19.9 · 25.3
15.2 · 17.9
Debt / equity (x)
0.32
0.18
0.09
0.06
0.08
Cash from operations
143
329
376
386
334
Capex
(82)
(133)
(130)
(90)
(135)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KIRLOSKAR BROTHERS LTD · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Q1 FY27
Revenue
1,036
1,144
1,281
979
1,028
1,116
1,415
1,105
Profit before tax
129
146
184
98
96
112
147
95
Net profit
97
119
138
68
72
125
112
68
EPS (₹)
12.06
14.76
17.27
8.40
8.94
15.65
14.04
8.39
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
CUMMINS INDIA LTD
1,28,219
54.2
15.13
42.1
27.9
31.8
22.7
22.0
KIRLOSKAR OIL ENG LTD
27,699
50.7
7.75
22.2
15.7
10.9
18.5
15.8
ELGI EQUIPMENTS LTD
16,291
36.2
7.30
24.2
19.3
24.3
15.5
15.9
KIRLOSKAR BROTHERS LTD ◆
12,484
33.4
5.04
21.1
15.2
16.8
10.8
11.8
INGERSOLL-RAND INDIA LTD
12,186
45.5
19.79
—
41.6
54.7
—
26.4
KSB LIMITED
11,345
46.2
6.68
—
5.7
6.7
—
12.6
SHAKTI PUMPS (I) LTD
4,481
21.1
2.63
10.1
15.1
19.6
23.7
10.9
GREAVES COTTON LTD.
4,228
42.2
2.79
17.5
2.3
5.9
18.0
6.9
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/E (TTM)
33.4
42.2
6 of 15
64%
P/B
5.0
4.7
9 of 15
43%
ROCE
16.8
16.9
9 of 15
43%
ROE
15.2
15.2
8 of 15
50%
Debt / Equity
0.1
0.1
7 of 15
57%
EBITDA margin
11.8
15.8
12 of 15
21%
Revenue growth
12.9
17.9
11 of 15
29%
Profit growth
0.1
11.1
10 of 15
36%
Market cap
12484
4228
4 of 15
79%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · KIRLOSKAR BROTHERS LTD · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
28 Oct 2026 · Analyst call audio recording uploaded for September 2026 results
investor communications
low
—
—
28 Oct 2026 · Newspaper publication of September 2026 quarter and half-year results
compliance
minimal
—
—
28 Oct 2026 · Updated Q2 and H1 FY27 presentation corrects slide 10 typo
investor communications
medium
—
—
27 Oct 2026 · Q2FY27 revenue rises 24% as order receipts jump 68%
board shareholder meetings
low
—
—
27 Oct 2026 · Q2 FY27 revenue up 24%; orderbook rises to Rs 4,628 crore
investor communications
medium
—
—
27 Oct 2026 · SEBI framework leads to Rs 87,320 fine over committee composition
regulatory legal
medium
—
—
27 Oct 2026 · Q2 revenue rises 24%, but operating cash flow turns negative
results
high
—
—
21 Oct 2026 · Kirloskar Brothers earnings call on Oct 28 to discuss Q2 and H1FY27 results
board shareholder meetings
low
—
—
20 Oct 2026 · Board meeting on Oct 27 to consider Q2 and H1 FY27 results
results
low
—
—
20 Oct 2026 · Statutory auditor Sharp & Tannan Associates converts to LLP
compliance
low
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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A rating (BUY / ADD / REDUCE / SELL)
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The current price and the multiples against the group
a target is a forecast; a multiple is a measurement
Estimate years marked E
More audited years; no estimates
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in