Kilburn Engineering Ltd.
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ABOUT
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Company has delivered good profit growth of 60.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
- Company has a healthy return on capital (ROCE) of 25.4%
- Operating margins have improved to 26.5% from 12.2%
- Company has delivered good sales growth of 20.7% CAGR over last 5 years
CONS
- Operating cash flow has been negative in recent years
- Promoter holding has decreased over last 2 years: -5.6pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.24x)
- Equity base is being diluted - shares outstanding up 38.4%
- Working capital days have increased from 144 to 218 days
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHEL | 421.50 | 60.34 | 146768.97 | 0.33 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| INDOMIM | 947.70 | 87.83 | 46861.96 | 0.62 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| THERMAX | 3623.50 | 72.77 | 43176.29 | 0.55 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| HONAUT | 35564.65 | 57.06 | 31444.57 | 0.31 | 150.70 | 20.95 | 1204.40 | 1.80 | 17.04 | 14.32 |
| JYOTICNC | 1018.20 | 71.98 | 23156.22 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| INOXINDIA | 2230.95 | 79.60 | 20284.35 | 0.09 | 58.07 | -4.98 | 370.79 | 9.18 | 33.54 | 20.46 |
| AZAD | 2869.20 | 133.33 | 18529.79 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.04 | 37.29 |
| TRITURBINE | 569.00 | 53.79 | 18088.42 | 0.75 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| LLOYDSENGG | 83.06 | 57.60 | 12882.93 | 0.30 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| TEGA | 1606.65 | 571.27 | 12070.39 | 0.12 | -108.25 | -406.36 | 1723.44 | 383.99 | 8.37 | 3.27 |
| KRN | 1627.05 | 109.86 | 10650.42 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 16.06 | 19.44 |
| KLBRENG-B | 460.65 | 29.32 | 2579.66 | 0.65 | 13.09 | -38.57 | 116.99 | -9.48 | 21.94 | 17.69 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67 | 68 | 73 | 85 | 64 | 78 | 91 | 102 | 95 | 115 | 105 | 134 | 59 | |
| 55 | 52 | 56 | 66 | 47 | 58 | 69 | 73 | 71 | 86 | 80 | 105 | 55 | |
| Operating Profit | 12 | 17 | 17 | 19 | 16 | 20 | 22 | 29 | 24 | 29 | 25 | 29 | 4 |
| OPM % | 17.61% | 24.50% | 23.70% | 22.40% | 25.81% | 26.02% | 24.62% | 28.47% | 25.49% | 25.06% | 23.65% | 21.46% | 6.64% |
| 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 7 | 3 | |
| Interest | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before Tax | 9 | 14 | 15 | 17 | 14 | 17 | 18 | 25 | 21 | 26 | 21 | 29 | 7 |
| Tax % | 25.21% | 29.47% | 30.41% | 27.89% | 21.27% | 18.44% | 22.81% | 34.44% | 30.61% | 30.41% | 30.36% | 24.87% | 27.24% |
| Net Profit | 7 | 10 | 10 | 12 | 11 | 14 | 14 | 16 | 15 | 18 | 15 | 21 | 5 |
| 1.95 | 2.75 | 2.76 | 3.05 | 2.56 | 3.25 | 3.19 | 3.63 | 3.06 | 3.65 | 2.98 | 4.24 | 0.95 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 135 | 136 | 105 | 144 | 131 | 88 | 123 | 222 | 293 | 336 | 412 | |
| 120 | 114 | 101 | 134 | 122 | 81 | 109 | 282 | 228 | 247 | 326 | |
| Operating Profit | 15 | 22 | 4 | 10 | 9 | 7 | 13 | -60 | 65 | 89 | 86 |
| OPM % | 11.39% | 15.86% | 4.02% | 6.88% | 7.07% | 7.94% | 10.87% | -27.28% | 22.19% | 26.46% | 20.90% |
| 5 | 9 | 22 | 20 | 19 | -117 | 2 | 110 | 3 | 2 | 14 | |
| Interest | 7 | 12 | 18 | 17 | 17 | 11 | 9 | 8 | 10 | 12 | 14 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 6 | 8 |
| Profit before Tax | 9 | 14 | 5 | 8 | 7 | -126 | 3 | 39 | 55 | 74 | 83 |
| Tax % | 14.71% | 30.91% | 30.66% | 30.36% | 24.96% | 27.11% | 48.93% | 22.27% | 28.50% | 25.43% | 28.22% |
| Net Profit | 8 | 9 | 3 | 6 | 5 | -92 | 2 | 30 | 40 | 55 | 60 |
| EPS | 5.98 | 7.04 | 2.53 | 4.47 | 3.90 | -68.75 | 0.54 | 8.66 | 9.49 | 11.54 | — |
| Dividend Payout % | 33.43% | 28.40% | 39.49% | 22.40% | 0.00% | 0.00% | 0.00% | 11.88% | 21.08% | 17.33% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 21%
- 3 Years:
- 40%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 29%
- 5 Years:
- 60%
- 3 Years:
- 228%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- -1%
- 5 Years:
- -8%
- 3 Years:
- 26%
- Last Year:
- 18%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 28 | 34 | 36 | 42 | 47 |
| 90 | 92 | 93 | 86 | 90 | 20 | 37 | 69 | 178 | 339 | |
| 16 | 73 | 114 | 113 | 122 | 96 | 88 | 64 | 73 | 95 | |
| Trade Payables | 29 | 23 | 20 | 31 | 23 | 22 | 25 | 25 | 26 | 46 |
| 79 | 103 | 37 | 73 | 60 | 33 | 36 | 63 | 121 | 164 | |
| Total Liabilities | 227 | 304 | 278 | 316 | 308 | 199 | 220 | 258 | 440 | 692 |
| 62 | 59 | 57 | 53 | 49 | 45 | 42 | 43 | 51 | 88 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 0 |
| 15 | 13 | 16 | 6 | 2 | 8 | 10 | 8 | 108 | 230 | |
| 13 | 9 | 13 | 15 | 10 | 8 | 10 | 28 | 20 | 31 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61 | 74 | |
| Cash & Bank | 7 | 10 | 11 | 7 | 7 | 13 | 16 | 16 | 26 | 15 |
| 130 | 213 | 182 | 235 | 241 | 125 | 142 | 162 | 168 | 254 | |
| Total Assets | 227 | 304 | 278 | 316 | 308 | 199 | 220 | 258 | 440 | 692 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 21 | 5 | 18 | 5 | 11 | 5 | -1 | 20 | 26 | -17 | |
| Cash from Investing | -1 | -101 | 23 | 11 | 4 | 8 | -5 | -8 | -100 | -124 |
| Cash from Financing | -18 | 103 | -37 | -16 | -13 | -8 | 4 | -16 | 74 | 140 |
| 0 | 3 | 2 | -1 | 1 | 4 | -3 | -4 | 0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
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News
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