Kirloskar Oil Engines Ltd.
•₹ 2,100.8-2.29%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Business to Business(B2B): 73.8% • Business to Customer(B2C): 14.8% • Financial Services: 11.4%
PROS
- Company has delivered good profit growth of 23.1% CAGR over last 5 years
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 18.5% CAGR over last 5 years
- Operating margins have improved to 18.4% from 15.2%
- Company has a consistent dividend-paying track record
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.19x)
- Receivables are growing faster than sales - a possible quality concern
- Operating cash flow has been negative in recent years
- Valuation is stretched - P/E of 55.5 is well above its own 5-year median (28.2)
- Recurring exceptional / one-off items are inflating headline profit
- Stock is trading at 5.4x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | BHEL | 418.50 | 59.91 | 145724.35 | 0.33 | 376.71 | 182.70 | 7697.72 | 40.29 | 9.24 | 6.69 |
| 2. | THERMAX | 4024.55 | 80.82 | 47955.05 | 0.50 | 21.79 | -85.61 | 2302.73 | 7.09 | 15.85 | 2.98 |
| 3. | INDOMIM | 966.60 | 89.58 | 47796.52 | 0.61 | 2401.22 | — | 12187.42 | — | 24.48 | 33.36 |
| 4. | KIRLOSENG | 2081.95 | 55.47 | 30296.51 | 0.34 | 111.06 | -20.05 | 1999.53 | 13.36 | 14.46 | 15.02 |
| 5. | JYOTICNC | 951.90 | 67.29 | 21648.40 | 0.00 | 57.14 | -19.99 | 508.47 | 23.97 | 23.88 | 21.40 |
| 6. | AZAD | 2827.20 | 131.38 | 18258.55 | 0.00 | 35.16 | 19.46 | 172.60 | 25.90 | 12.28 | 37.29 |
| 7. | TRITURBINE | 569.95 | 53.88 | 18118.62 | 0.75 | 51.10 | -20.65 | 442.70 | 19.23 | 35.95 | 11.59 |
| 8. | INOXINDIA | 1932.55 | 68.83 | 17540.50 | 0.10 | 580.72 | 850.16 | 3707.90 | 991.77 | 33.54 | 20.46 |
| 9. | LLOYDSENGG | 92.99 | 64.48 | 14423.11 | 0.27 | 68.23 | -77.28 | 527.15 | 142.92 | 17.99 | 15.04 |
| 10. | TEGA | 1724.35 | 613.12 | 12954.64 | 0.12 | -108.25 | -406.36 | 1723.44 | 383.99 | 18.56 | 3.27 |
| 11. | KRN | 1502.65 | 101.46 | 9836.12 | 0.00 | 32.90 | 164.84 | 252.32 | 118.87 | 21.21 | 19.44 |
| 12. | ELECON | 428.75 | 40.76 | 9621.15 | 0.47 | 70.35 | -59.90 | 520.56 | 6.11 | 22.27 | 20.96 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,543 | 1,305 | 1,391 | 1,660 | 1,632 | 1,499 | 1,449 | 1,749 | 1,764 | 1,948 | 1,873 | 2,116 | 2,000 | |
| 1,277 | 1,103 | 1,133 | 1,357 | 1,307 | 1,201 | 1,197 | 1,437 | 1,437 | 1,567 | 1,541 | 1,741 | 1,864 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 8 | 6 | 7 | 9 | 11 | 11 | 15 | 35 | 13 | 10 | 13 | 15 |
| Interest | 76 | 74 | 82 | 97 | 101 | 117 | 133 | 131 | 139 | 136 | 128 | 120 | 116 |
| Depreciation | 27 | 30 | 31 | 31 | 30 | 33 | 37 | 39 | 40 | 42 | 43 | 49 | 49 |
| 169 | 106 | 121 | 198 | 210 | 166 | 93 | 179 | 182 | 216 | 148 | 210 | 151 | |
| Tax % | 26.27% | 25.88% | 26.62% | 26.02% | 26.08% | 24.95% | 28.25% | 29.43% | 26.40% | 26.40% | 26.10% | 26.08% | 26.48% |
| Net Profit | 0 | 0 | 0 | 0 | 156 | 125 | 68 | 127 | 139 | 159 | 109 | 155 | 111 |
| 9 | 5 | 6 | 10 | 11 | 9 | 5 | 9 | 9 | 11 | 8 | 11 | 1 | |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,543
- 1,277
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 76
- Depreciation
- 27
- 169
- Tax %
- 26.27%
- Net Profit
- 0
- 9
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,305
- 1,103
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 74
- Depreciation
- 30
- 106
- Tax %
- 25.88%
- Net Profit
- 0
- 5
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,391
- 1,133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 82
- Depreciation
- 31
- 121
- Tax %
- 26.62%
- Net Profit
- 0
- 6
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,660
- 1,357
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 97
- Depreciation
- 31
- 198
- Tax %
- 26.02%
- Net Profit
- 0
- 10
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,632
- 1,307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 101
- Depreciation
- 30
- 210
- Tax %
- 26.08%
- Net Profit
- 156
- 11
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,499
- 1,201
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 117
- Depreciation
- 33
- 166
- Tax %
- 24.95%
- Net Profit
- 125
- 9
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,449
- 1,197
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 133
- Depreciation
- 37
- 93
- Tax %
- 28.25%
- Net Profit
- 68
- 5
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,749
- 1,437
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 131
- Depreciation
- 39
- 179
- Tax %
- 29.43%
- Net Profit
- 127
- 9
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,764
- 1,437
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 139
- Depreciation
- 40
- 182
- Tax %
- 26.40%
- Net Profit
- 139
- 9
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,948
- 1,567
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 136
- Depreciation
- 42
- 216
- Tax %
- 26.40%
- Net Profit
- 159
- 11
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,873
- 1,541
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 128
- Depreciation
- 43
- 148
- Tax %
- 26.10%
- Net Profit
- 109
- 8
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,116
- 1,741
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 120
- Depreciation
- 49
- 210
- Tax %
- 26.08%
- Net Profit
- 155
- 11
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,000
- 1,864
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 116
- Depreciation
- 49
- 151
- Tax %
- 26.48%
- Net Profit
- 111
- 1
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,674 | 3,055 | 3,626 | 3,379 | 3,296 | 4,020 | 5,024 | 5,898 | 6,329 | 7,701 | 7,937 | |
| 2,392 | 2,790 | 3,253 | 3,092 | 2,909 | 3,610 | 4,290 | 4,870 | 5,179 | 6,286 | 6,712 | |
| Operating Profit | 366 | 337 | 439 | 330 | 412 | 439 | 762 | 1,060 | 1,238 | 1,492 | — |
| OPM % | 14 | 11 | 12 | 10 | 13 | 11 | 15 | 18 | 20 | 19 | — |
| Other Income | 85 | 72 | 65 | 43 | 25 | 29 | 28 | 32 | 88 | 77 | 51 |
| Interest | 3 | 12 | 13 | 14 | 50 | 106 | 210 | 332 | 487 | 529 | 499 |
| Depreciation | 111 | 123 | 94 | 87 | 84 | 101 | 105 | 119 | 139 | 174 | 183 |
| 253 | 203 | 331 | 245 | 270 | 232 | 449 | 595 | 649 | 756 | 725 | |
| Tax % | 31 | 33 | 34 | 23 | 27 | 26 | 26 | 26 | 27 | 26 | 26 |
| Net Profit | 174 | 136 | 220 | 188 | 197 | 171 | 332 | 440 | 474 | 558 | 535 |
| EPS | 12 | 10 | 15 | 13 | 13 | 12 | 23 | 30 | 34 | 40 | — |
| Dividend Payout % | 42 | 52 | 33 | 31 | 30 | 33 | 22 | 20 | 19 | 18 | — |
| Minority Interest | 0 | 4 | -0 | -3 | -2 | 4 | 1 | 2 | 13 | 12 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 10 | 15 | 13 | 13 | 12 | 23 | 30 | 34 | 40 | — |
| Minority Interest | 0 | 4 | -0 | -3 | -2 | 4 | 1 | 2 | 13 | 12 | 1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 12 | 10 | 15 | 13 | 13 | 12 | 23 | 30 | 34 | 40 | — |
Mar 2017
- 2,674
- 2,392
- Operating Profit
- 366
- OPM %
- 14
- Other Income
- 85
- Interest
- 3
- Depreciation
- 111
- 253
- Tax %
- 31
- Net Profit
- 174
- EPS
- 12
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2018
- 3,055
- 2,790
- Operating Profit
- 337
- OPM %
- 11
- Other Income
- 72
- Interest
- 12
- Depreciation
- 123
- 203
- Tax %
- 33
- Net Profit
- 136
- EPS
- 10
- Dividend Payout %
- 52
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2019
- 3,626
- 3,253
- Operating Profit
- 439
- OPM %
- 12
- Other Income
- 65
- Interest
- 13
- Depreciation
- 94
- 331
- Tax %
- 34
- Net Profit
- 220
- EPS
- 15
- Dividend Payout %
- 33
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2020
- 3,379
- 3,092
- Operating Profit
- 330
- OPM %
- 10
- Other Income
- 43
- Interest
- 14
- Depreciation
- 87
- 245
- Tax %
- 23
- Net Profit
- 188
- EPS
- 13
- Dividend Payout %
- 31
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- -3
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2021
- 3,296
- 2,909
- Operating Profit
- 412
- OPM %
- 13
- Other Income
- 25
- Interest
- 50
- Depreciation
- 84
- 270
- Tax %
- 27
- Net Profit
- 197
- EPS
- 13
- Dividend Payout %
- 30
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2022
- 4,020
- 3,610
- Operating Profit
- 439
- OPM %
- 11
- Other Income
- 29
- Interest
- 106
- Depreciation
- 101
- 232
- Tax %
- 26
- Net Profit
- 171
- EPS
- 12
- Dividend Payout %
- 33
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2023
- 5,024
- 4,290
- Operating Profit
- 762
- OPM %
- 15
- Other Income
- 28
- Interest
- 210
- Depreciation
- 105
- 449
- Tax %
- 26
- Net Profit
- 332
- EPS
- 23
- Dividend Payout %
- 22
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2024
- 5,898
- 4,870
- Operating Profit
- 1,060
- OPM %
- 18
- Other Income
- 32
- Interest
- 332
- Depreciation
- 119
- 595
- Tax %
- 26
- Net Profit
- 440
- EPS
- 30
- Dividend Payout %
- 20
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2025
- 6,329
- 5,179
- Operating Profit
- 1,238
- OPM %
- 20
- Other Income
- 88
- Interest
- 487
- Depreciation
- 139
- 649
- Tax %
- 27
- Net Profit
- 474
- EPS
- 34
- Dividend Payout %
- 19
- Minority Interest
- 13
- Share of Associates
- 0
- Adjusted EPS
- 34
- Minority Interest
- 13
- Share of Associates
- 0
- Adjusted EPS
- 34
Mar 2026
- 7,701
- 6,286
- Operating Profit
- 1,492
- OPM %
- 19
- Other Income
- 77
- Interest
- 529
- Depreciation
- 174
- 756
- Tax %
- 26
- Net Profit
- 558
- EPS
- 40
- Dividend Payout %
- 18
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- 40
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- 40
TTM
- 7,937
- 6,712
- Operating Profit
- —
- OPM %
- —
- Other Income
- 51
- Interest
- 499
- Depreciation
- 183
- 725
- Tax %
- 26
- Net Profit
- 535
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 12%
- 5 Years:
- 18%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 13%
- 5 Years:
- 24%
- 3 Years:
- 20%
STOCK PRICE CAGR
- 10 Years:
- 22%
- 5 Years:
- 59%
- 3 Years:
- 65%
- 1 Year:
- 124%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 15%
- 3 Years:
- 17%
- Last Year:
- 17%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| 1,588 | 1,547 | 1,670 | 1,712 | 1,886 | 2,041 | 2,261 | 2,631 | 3,036 | 3,563 | |
| 12 | 134 | 65 | 85 | 275 | 866 | 729 | 1,225 | 490 | 755 | |
| Trade Payables | 355 | 489 | 439 | 414 | 594 | 576 | 678 | 794 | 708 | 947 |
| 186 | 302 | 393 | 520 | 1,012 | 1,509 | 3,012 | 3,585 | 6,214 | 5,552 | |
| Total Liabilities | 2,170 | 2,500 | 2,595 | 2,759 | 3,797 | 5,021 | 6,710 | 8,265 | 10,478 | 10,846 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 438 | 702 | 663 | 623 | 698 | 721 | 689 | 769 | 1,183 | 1,327 | |
| Capital Work in Progress | 9 | 18 | 18 | 30 | 32 | 24 | 18 | 252 | 71 | 61 |
| 988 | 675 | 711 | 433 | 834 | 738 | 658 | 489 | 601 | 440 | |
| 226 | 345 | 310 | 406 | 379 | 388 | 545 | 644 | 591 | 744 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 607 | 696 | 953 | |
| Cash & Bank | 20 | 70 | 198 | 143 | 258 | 174 | 290 | 505 | 997 | 1,250 |
| 490 | 690 | 695 | 1,125 | 1,596 | 2,976 | 4,510 | 4,999 | 6,340 | 6,071 | |
| Total Assets | 2,170 | 2,500 | 2,595 | 2,759 | 3,797 | 5,021 | 6,710 | 8,265 | 10,478 | 10,846 |
| Total Debt | 12 | 142 | 90 | 179 | 838 | 1,956 | 3,230 | 4,125 | 5,761 | 5,314 |
| Net Working Capital | 1,149 | 888 | 1,036 | 932 | 1,040 | 971 | 866 | 148 | 941 | 1,529 |
| Contingent Liabilities | 124 | 119 | 99 | 101 | 114 | 101 | 114 | 123 | 120 | 234 |
| Book Value per Share | 111.84 | 108.95 | 117.47 | 120.36 | 132.42 | 143.18 | 158.21 | 183.52 | 211.11 | 247.15 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 12 | 142 | 90 | 179 | 838 | 1,956 | 3,230 | 4,125 | 5,761 | 5,314 |
| Net Working Capital | 1,149 | 888 | 1,036 | 932 | 1,040 | 971 | 866 | 148 | 941 | 1,529 |
| Contingent Liabilities | 124 | 119 | 99 | 101 | 114 | 101 | 114 | 123 | 120 | 234 |
| Book Value per Share | 111.84 | 108.95 | 117.47 | 120.36 | 132.42 | 143.18 | 158.21 | 183.52 | 211.11 | 247.15 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 29
- 1,588
- 12
- Trade Payables
- 355
- 186
- Total Liabilities
- 2,170
- 438
- Capital Work in Progress
- 9
- 988
- 226
- 0
- Cash & Bank
- 20
- 490
- Total Assets
- 2,170
- Total Debt
- 12
- Net Working Capital
- 1,149
- Contingent Liabilities
- 124
- Book Value per Share
- 111.84
- Face Value
- 2.00
- Total Debt
- 12
- Net Working Capital
- 1,149
- Contingent Liabilities
- 124
- Book Value per Share
- 111.84
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 29
- 1,547
- 134
- Trade Payables
- 489
- 302
- Total Liabilities
- 2,500
- 702
- Capital Work in Progress
- 18
- 675
- 345
- 0
- Cash & Bank
- 70
- 690
- Total Assets
- 2,500
- Total Debt
- 142
- Net Working Capital
- 888
- Contingent Liabilities
- 119
- Book Value per Share
- 108.95
- Face Value
- 2.00
- Total Debt
- 142
- Net Working Capital
- 888
- Contingent Liabilities
- 119
- Book Value per Share
- 108.95
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 29
- 1,670
- 65
- Trade Payables
- 439
- 393
- Total Liabilities
- 2,595
- 663
- Capital Work in Progress
- 18
- 711
- 310
- 0
- Cash & Bank
- 198
- 695
- Total Assets
- 2,595
- Total Debt
- 90
- Net Working Capital
- 1,036
- Contingent Liabilities
- 99
- Book Value per Share
- 117.47
- Face Value
- 2.00
- Total Debt
- 90
- Net Working Capital
- 1,036
- Contingent Liabilities
- 99
- Book Value per Share
- 117.47
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 29
- 1,712
- 85
- Trade Payables
- 414
- 520
- Total Liabilities
- 2,759
- 623
- Capital Work in Progress
- 30
- 433
- 406
- 0
- Cash & Bank
- 143
- 1,125
- Total Assets
- 2,759
- Total Debt
- 179
- Net Working Capital
- 932
- Contingent Liabilities
- 101
- Book Value per Share
- 120.36
- Face Value
- 2.00
- Total Debt
- 179
- Net Working Capital
- 932
- Contingent Liabilities
- 101
- Book Value per Share
- 120.36
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 29
- 1,886
- 275
- Trade Payables
- 594
- 1,012
- Total Liabilities
- 3,797
- 698
- Capital Work in Progress
- 32
- 834
- 379
- 0
- Cash & Bank
- 258
- 1,596
- Total Assets
- 3,797
- Total Debt
- 838
- Net Working Capital
- 1,040
- Contingent Liabilities
- 114
- Book Value per Share
- 132.42
- Face Value
- 2.00
- Total Debt
- 838
- Net Working Capital
- 1,040
- Contingent Liabilities
- 114
- Book Value per Share
- 132.42
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 29
- 2,041
- 866
- Trade Payables
- 576
- 1,509
- Total Liabilities
- 5,021
- 721
- Capital Work in Progress
- 24
- 738
- 388
- 0
- Cash & Bank
- 174
- 2,976
- Total Assets
- 5,021
- Total Debt
- 1,956
- Net Working Capital
- 971
- Contingent Liabilities
- 101
- Book Value per Share
- 143.18
- Face Value
- 2.00
- Total Debt
- 1,956
- Net Working Capital
- 971
- Contingent Liabilities
- 101
- Book Value per Share
- 143.18
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 29
- 2,261
- 729
- Trade Payables
- 678
- 3,012
- Total Liabilities
- 6,710
- 689
- Capital Work in Progress
- 18
- 658
- 545
- 0
- Cash & Bank
- 290
- 4,510
- Total Assets
- 6,710
- Total Debt
- 3,230
- Net Working Capital
- 866
- Contingent Liabilities
- 114
- Book Value per Share
- 158.21
- Face Value
- 2.00
- Total Debt
- 3,230
- Net Working Capital
- 866
- Contingent Liabilities
- 114
- Book Value per Share
- 158.21
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 29
- 2,631
- 1,225
- Trade Payables
- 794
- 3,585
- Total Liabilities
- 8,265
- 769
- Capital Work in Progress
- 252
- 489
- 644
- 607
- Cash & Bank
- 505
- 4,999
- Total Assets
- 8,265
- Total Debt
- 4,125
- Net Working Capital
- 148
- Contingent Liabilities
- 123
- Book Value per Share
- 183.52
- Face Value
- 2.00
- Total Debt
- 4,125
- Net Working Capital
- 148
- Contingent Liabilities
- 123
- Book Value per Share
- 183.52
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 29
- 3,036
- 490
- Trade Payables
- 708
- 6,214
- Total Liabilities
- 10,478
- 1,183
- Capital Work in Progress
- 71
- 601
- 591
- 696
- Cash & Bank
- 997
- 6,340
- Total Assets
- 10,478
- Total Debt
- 5,761
- Net Working Capital
- 941
- Contingent Liabilities
- 120
- Book Value per Share
- 211.11
- Face Value
- 2.00
- Total Debt
- 5,761
- Net Working Capital
- 941
- Contingent Liabilities
- 120
- Book Value per Share
- 211.11
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 29
- 3,563
- 755
- Trade Payables
- 947
- 5,552
- Total Liabilities
- 10,846
- 1,327
- Capital Work in Progress
- 61
- 440
- 744
- 953
- Cash & Bank
- 1,250
- 6,071
- Total Assets
- 10,846
- Total Debt
- 5,314
- Net Working Capital
- 1,529
- Contingent Liabilities
- 234
- Book Value per Share
- 247.15
- Face Value
- 2.00
- Total Debt
- 5,314
- Net Working Capital
- 1,529
- Contingent Liabilities
- 234
- Book Value per Share
- 247.15
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 171 | 136 | 192 | -124 | -16 | -1,041 | -920 | -469 | -739 | 932 | |
| Cash from Investing | -190 | 7 | -38 | 233 | -465 | -3 | -144 | -109 | -523 | -321 |
| Cash from Financing | 2 | -96 | -153 | -43 | 599 | 950 | 1,182 | 800 | 1,510 | -589 |
| -16 | 48 | 1 | 67 | 118 | -93 | 117 | 223 | 248 | 23 | |
| Free Cash Flow | 117 | -284 | 175 | -166 | -165 | -1,139 | -962 | -888 | -1,029 | 663 |
| OCF / Net Profit | 0.99 | 1.00 | 0.87 | -0.66 | -0.08 | -6.09 | -2.77 | -1.07 | -1.56 | 1.67 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -322 | -1,578 | -2,256 | -3,318 | -4,182 | -3,354 |
| OCF / Net Profit | 0.99 | 1.00 | 0.87 | -0.66 | -0.08 | -6.09 | -2.77 | -1.07 | -1.56 | 1.67 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -322 | -1,578 | -2,256 | -3,318 | -4,182 | -3,354 |
Mar 2017
- 171
- Cash from Investing
- -190
- Cash from Financing
- 2
- -16
- Free Cash Flow
- 117
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2018
- 136
- Cash from Investing
- 7
- Cash from Financing
- -96
- 48
- Free Cash Flow
- -284
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.00
- Cumulative 5-Year FCF
- 0
Mar 2019
- 192
- Cash from Investing
- -38
- Cash from Financing
- -153
- 1
- Free Cash Flow
- 175
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.87
- Cumulative 5-Year FCF
- 0
Mar 2020
- -124
- Cash from Investing
- 233
- Cash from Financing
- -43
- 67
- Free Cash Flow
- -166
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 0
Mar 2021
- -16
- Cash from Investing
- -465
- Cash from Financing
- 599
- 118
- Free Cash Flow
- -165
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -322
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -322
Mar 2022
- -1,041
- Cash from Investing
- -3
- Cash from Financing
- 950
- -93
- Free Cash Flow
- -1,139
- OCF / Net Profit
- -6.09
- Cumulative 5-Year FCF
- -1,578
- OCF / Net Profit
- -6.09
- Cumulative 5-Year FCF
- -1,578
Mar 2023
- -920
- Cash from Investing
- -144
- Cash from Financing
- 1,182
- 117
- Free Cash Flow
- -962
- OCF / Net Profit
- -2.77
- Cumulative 5-Year FCF
- -2,256
- OCF / Net Profit
- -2.77
- Cumulative 5-Year FCF
- -2,256
Mar 2024
- -469
- Cash from Investing
- -109
- Cash from Financing
- 800
- 223
- Free Cash Flow
- -888
- OCF / Net Profit
- -1.07
- Cumulative 5-Year FCF
- -3,318
- OCF / Net Profit
- -1.07
- Cumulative 5-Year FCF
- -3,318
Mar 2025
- -739
- Cash from Investing
- -523
- Cash from Financing
- 1,510
- 248
- Free Cash Flow
- -1,029
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- -4,182
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- -4,182
Mar 2026
- 932
- Cash from Investing
- -321
- Cash from Financing
- -589
- 23
- Free Cash Flow
- 663
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- -3,354
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- -3,354
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 12.03 | 9.66 | 15.16 | 12.81 | 13.48 | 12.07 | 22.96 | 30.48 | 33.69 | 39.51 |
| Book Value (₹) | 111.84 | 108.95 | 117.47 | 120.36 | 132.42 | 143.18 | 158.21 | 183.52 | 211.11 | 247.15 |
| Dividend per Share (₹) | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 5.00 | 6.00 | 6.50 | 7.00 |
| Cash EPS (₹) | 19.68 | 17.95 | 21.72 | 19.03 | 19.46 | 18.82 | 30.14 | 38.53 | 42.21 | 50.34 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.72% | 10.85% | 12.10% | 9.76% | 12.50% | 10.91% | 15.17% | 17.44% | 18.17% | 18.38% |
| Net Margin % | 6.04% | 4.38% | 6.06% | 5.56% | 5.99% | 4.25% | 6.60% | 7.45% | 7.48% | 7.24% |
| ROE % | 11.36% | 8.53% | 13.42% | 10.93% | 10.80% | 8.58% | 15.21% | 17.77% | 16.54% | 16.75% |
| ROCE % | 16.58% | 12.79% | 19.65% | 13.95% | 13.66% | 9.94% | 13.77% | 15.04% | 14.51% | 14.46% |
| 8.40% | 5.83% | 8.62% | 7.02% | 6.02% | 3.88% | 5.65% | 5.87% | 5.05% | 5.23% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 23 | 35 | 41 | 44 | 47 | 41 | 36 | 35 | 38 | 39 |
| Inventory Days | 27 | 33 | 33 | 39 | 43 | 35 | 34 | 37 | 36 | 32 |
| Payable Days | 73 | 74 | 69 | 68 | 84 | 77 | 71 | 74 | 74 | 66 |
| -23 | -6 | 5 | 15 | 7 | -1 | -1 | -2 | -1 | 5 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.01x | 0.09x | 0.05x | 0.10x | 0.44x | 0.94x | 1.41x | 1.55x | 1.88x | 1.48x |
| Interest Coverage (x) | 90.91x | 18.54x | 26.56x | 18.22x | 6.38x | 3.19x | 3.14x | 2.79x | 2.33x | 2.43x |
| 3.36x | 2.15x | 2.43x | 2.25x | 1.83x | 1.54x | 1.34x | 1.04x | 1.27x | 1.39x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 8.53% | 14.28% | 18.69% | -6.81% | -2.47% | 21.96% | 24.98% | 17.41% | 7.30% | 21.68% |
| Operating Profit Growth % | 4.34% | -7.86% | 30.07% | -24.85% | 24.97% | 6.49% | 73.67% | 39.08% | 16.76% | 20.54% |
| Net Profit Growth % | 5.12% | -21.66% | 61.22% | -14.45% | 5.06% | -13.44% | 94.09% | 32.58% | 7.70% | 17.77% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 32.75% | 10.51% | 17.29% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.18x | 21.36x | 33.58x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.68x | 3.41x | 5.37x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.70% | 0.90% | 0.53% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.16x | 12.29x | 15.65x |
Mar 2017
- EPS (₹)
- 12.03
- Book Value (₹)
- 111.84
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 19.68
- Operating Margin %
- 12.72%
- Net Margin %
- 6.04%
- ROE %
- 11.36%
- ROCE %
- 16.58%
- 8.40%
- Debtor Days
- 23
- Inventory Days
- 27
- Payable Days
- 73
- -23
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 90.91x
- 3.36x
- Revenue Growth %
- 8.53%
- Operating Profit Growth %
- 4.34%
- Net Profit Growth %
- 5.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 9.66
- Book Value (₹)
- 108.95
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 17.95
- Operating Margin %
- 10.85%
- Net Margin %
- 4.38%
- ROE %
- 8.53%
- ROCE %
- 12.79%
- 5.83%
- Debtor Days
- 35
- Inventory Days
- 33
- Payable Days
- 74
- -6
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 18.54x
- 2.15x
- Revenue Growth %
- 14.28%
- Operating Profit Growth %
- -7.86%
- Net Profit Growth %
- -21.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 15.16
- Book Value (₹)
- 117.47
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 21.72
- Operating Margin %
- 12.10%
- Net Margin %
- 6.06%
- ROE %
- 13.42%
- ROCE %
- 19.65%
- 8.62%
- Debtor Days
- 41
- Inventory Days
- 33
- Payable Days
- 69
- 5
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 26.56x
- 2.43x
- Revenue Growth %
- 18.69%
- Operating Profit Growth %
- 30.07%
- Net Profit Growth %
- 61.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 12.81
- Book Value (₹)
- 120.36
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 19.03
- Operating Margin %
- 9.76%
- Net Margin %
- 5.56%
- ROE %
- 10.93%
- ROCE %
- 13.95%
- 7.02%
- Debtor Days
- 44
- Inventory Days
- 39
- Payable Days
- 68
- 15
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 18.22x
- 2.25x
- Revenue Growth %
- -6.81%
- Operating Profit Growth %
- -24.85%
- Net Profit Growth %
- -14.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 13.48
- Book Value (₹)
- 132.42
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 19.46
- Operating Margin %
- 12.50%
- Net Margin %
- 5.99%
- ROE %
- 10.80%
- ROCE %
- 13.66%
- 6.02%
- Debtor Days
- 47
- Inventory Days
- 43
- Payable Days
- 84
- 7
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 6.38x
- 1.83x
- Revenue Growth %
- -2.47%
- Operating Profit Growth %
- 24.97%
- Net Profit Growth %
- 5.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 12.07
- Book Value (₹)
- 143.18
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 18.82
- Operating Margin %
- 10.91%
- Net Margin %
- 4.25%
- ROE %
- 8.58%
- ROCE %
- 9.94%
- 3.88%
- Debtor Days
- 41
- Inventory Days
- 35
- Payable Days
- 77
- -1
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 3.19x
- 1.54x
- Revenue Growth %
- 21.96%
- Operating Profit Growth %
- 6.49%
- Net Profit Growth %
- -13.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 22.96
- Book Value (₹)
- 158.21
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 30.14
- Operating Margin %
- 15.17%
- Net Margin %
- 6.60%
- ROE %
- 15.21%
- ROCE %
- 13.77%
- 5.65%
- Debtor Days
- 36
- Inventory Days
- 34
- Payable Days
- 71
- -1
- Debt to Equity (x)
- 1.41x
- Interest Coverage (x)
- 3.14x
- 1.34x
- Revenue Growth %
- 24.98%
- Operating Profit Growth %
- 73.67%
- Net Profit Growth %
- 94.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 30.48
- Book Value (₹)
- 183.52
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 38.53
- Operating Margin %
- 17.44%
- Net Margin %
- 7.45%
- ROE %
- 17.77%
- ROCE %
- 15.04%
- 5.87%
- Debtor Days
- 35
- Inventory Days
- 37
- Payable Days
- 74
- -2
- Debt to Equity (x)
- 1.55x
- Interest Coverage (x)
- 2.79x
- 1.04x
- Revenue Growth %
- 17.41%
- Operating Profit Growth %
- 39.08%
- Net Profit Growth %
- 32.58%
- 32.75%
- P/E (x)
- 28.18x
- P/B (x)
- 4.68x
- Dividend Yield %
- 0.70%
- 15.16x
Mar 2025
- EPS (₹)
- 33.69
- Book Value (₹)
- 211.11
- Dividend per Share (₹)
- 6.50
- Cash EPS (₹)
- 42.21
- Operating Margin %
- 18.17%
- Net Margin %
- 7.48%
- ROE %
- 16.54%
- ROCE %
- 14.51%
- 5.05%
- Debtor Days
- 38
- Inventory Days
- 36
- Payable Days
- 74
- -1
- Debt to Equity (x)
- 1.88x
- Interest Coverage (x)
- 2.33x
- 1.27x
- Revenue Growth %
- 7.30%
- Operating Profit Growth %
- 16.76%
- Net Profit Growth %
- 7.70%
- 10.51%
- P/E (x)
- 21.36x
- P/B (x)
- 3.41x
- Dividend Yield %
- 0.90%
- 12.29x
Mar 2026
- EPS (₹)
- 39.51
- Book Value (₹)
- 247.15
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 50.34
- Operating Margin %
- 18.38%
- Net Margin %
- 7.24%
- ROE %
- 16.75%
- ROCE %
- 14.46%
- 5.23%
- Debtor Days
- 39
- Inventory Days
- 32
- Payable Days
- 66
- 5
- Debt to Equity (x)
- 1.48x
- Interest Coverage (x)
- 2.43x
- 1.39x
- Revenue Growth %
- 21.68%
- Operating Profit Growth %
- 20.54%
- Net Profit Growth %
- 17.77%
- 17.29%
- P/E (x)
- 33.58x
- P/B (x)
- 5.37x
- Dividend Yield %
- 0.53%
- 15.65x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Kirloskar Oil Engines Limited has informed the Exchange about Transcript
- Updates
2026-08-08 - Kirloskar Oil Engines Limited has informed the Exchange regarding 'General announcement'.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026