Kirloskar Industries (KIRLOSIND)₹3,506+1.80%Iron & Steel Products
In the Jun 2026 quarter (consolidated), Kirloskar Industries reported sales of ₹1,767 Cr, up 4.3% from Jun 2025, and net profit of ₹82.26 Cr, down 65.5% year on year. For the year to Mar 2026, sales were ₹6,934 Cr and net profit ₹505 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,573 | 1,549 | 1,724 | 1,554 | 1,682 | 1,610 | 1,742 | 1,693 | 1,775 | 1,619 | 1,811 | 1,767 |
| Expenses | 1,311 | 1,322 | 1,484 | 1,377 | 1,472 | 1,438 | 1,537 | 1,478 | 1,545 | 1,436 | 1,588 | 1,553 |
| Operating Profit | 263 | 228 | 240 | 179 | 212 | 172 | 206 | 217 | 233 | 184 | 225 | 216 |
| OPM % | 16.9% | 14.9% | 13.9% | 10.9% | 12.9% | 11.0% | 11.9% | 13.0% | 13.0% | 10.9% | 11.9% | 11.9% |
| Other Income | −24.89 | 13.96 | −18.93 | 11.95 | 18.93 | 11.96 | 38.88 | 10.96 | 12.94 | −10.96 | 43.82 | −11.95 |
| Interest | 30.06 | 30.08 | 32.08 | 34.09 | 37.07 | 39.09 | 36.07 | 34.10 | 33.08 | 29.07 | 30.06 | 29.05 |
| Depreciation | 57.78 | 63.77 | 72.75 | 60.77 | 63.78 | 65.71 | 66.70 | 63.76 | 67.75 | 67.77 | 68.75 | 68.74 |
| Profit before tax | 149 | 148 | 116 | 95.68 | 129 | 78.68 | 142 | 130 | 144 | 74.74 | 169 | 105 |
| Tax % | 38.9% | 28.9% | 38.9% | 30.9% | 28.9% | 32.9% | 31.9% | −83.1% | 31.9% | 33.9% | 25.9% | 21.9% |
| Exceptional items | −21.93 | 0.00 | −15.95 | 0.00 | 0.99 | 0.00 | 8.97 | 2.99 | 2.99 | −12.95 | 0.00 | −22.92 |
| Net Profit | 91.27 | 105 | 71.18 | 66.16 | 92.24 | 53.17 | 97.33 | 239 | 98.32 | 49.15 | 126 | 82.26 |
| EPS (Rs) | 45.97 | 51.00 | 61.66 | 28.69 | 47.72 | 23.07 | 44.91 | 228.19 | 49.11 | 19.36 | 119.58 | 78.37 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,115 | 1,133 | 1,819 | 2,215 | 1,910 | 2,073 | 3,796 | 6,469 | 6,379 | 6,607 | 6,934 | 6,972 |
| Expenses | 967 | 966 | 1,669 | 1,956 | 1,645 | 1,594 | 3,115 | 5,591 | 5,417 | 5,816 | 6,064 | 6,122 |
| Operating Profit | 148 | 170 | 152 | 260 | 265 | 482 | 685 | 887 | 966 | 795 | 876 | 859 |
| OPM % | 12.9% | 14.9% | 7.9% | 12.0% | 13.9% | 23.0% | 17.9% | 13.9% | 14.9% | 11.9% | 12.9% | 12.3% |
| Other Income | 55.78 | 49.85 | 1.99 | 1.99 | 13.95 | 1.99 | 9.96 | 42.88 | −44.83 | 55.83 | 38.84 | 33.85 |
| Interest | 24.05 | 14.02 | 13.03 | 18.03 | 19.05 | 27.04 | 31.08 | 97.24 | 122 | 146 | 126 | 121 |
| Depreciation | 44.85 | 46.81 | 50.82 | 56.81 | 59.77 | 78.63 | 94.65 | 174 | 241 | 258 | 271 | 273 |
| Profit before tax | 135 | 158 | 90.71 | 187 | 199 | 376 | 566 | 656 | 554 | 446 | 514 | 493 |
| Tax % | 25.9% | 25.0% | 24.9% | 29.9% | 24.9% | 17.9% | 43.9% | 29.9% | 34.9% | 30.9% | 2.0% | — |
| Exceptional items | 0.99 | 0.00 | −0.99 | −0.99 | −0.99 | 0.00 | 1.99 | 4.99 | −39.86 | 4.98 | −19.94 | −32.88 |
| Net Profit | 100 | 119 | 68.15 | 132 | 151 | 312 | 317 | 462 | 362 | 309 | 505 | 356 |
| EPS (Rs) | 74.43 | 77.61 | 51.09 | 86.55 | 98.76 | 168.76 | 197.97 | 220.06 | 201.84 | 143.10 | 216.49 | 266.42 |
| Dividend payout % | 26.9% | 25.9% | 40.9% | 23.9% | 9.9% | 6.0% | 5.0% | 5.0% | 6.0% | 8.9% | 6.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.98 | 10.01 | 9.99 | 10.01 | 10.00 | 9.98 | 9.99 | 9.98 | 9.98 | 9.99 | 9.99 | 11.00 |
| Reserves | 748 | 799 | 874 | 1,780 | 1,355 | 1,020 | 1,734 | 2,314 | 3,238 | 4,975 | 6,278 | 6,229 |
| Borrowings | 133 | 108 | 97.20 | 88.24 | 138 | 323 | 306 | 1,218 | 980 | 1,239 | 1,285 | 1,115 |
| Other Liabilities | 592 | 517 | 600 | 833 | 943 | 957 | 1,151 | 3,244 | 3,307 | 3,550 | 4,093 | 4,349 |
| Total Liabilities | 1,483 | 1,434 | 1,580 | 2,711 | 2,445 | 2,311 | 3,200 | 6,787 | 7,536 | 9,772 | 11,666 | 11,703 |
| Fixed Assets | 548 | 556 | 586 | 598 | 650 | 897 | 1,056 | 2,776 | 3,104 | 3,258 | 3,595 | 3,669 |
| CWIP | 30.92 | 7.98 | 18.96 | 75.75 | 61.78 | 143 | 242 | 416 | 422 | 765 | 651 | 751 |
| Investments | 423 | 513 | 507 | 1,428 | 936 | 542 | 1,071 | 1,194 | 1,579 | 3,404 | 4,745 | 4,409 |
| Other Assets | 480 | 358 | 468 | 609 | 797 | 728 | 830 | 2,400 | 2,432 | 2,345 | 2,676 | 2,874 |
| Inventories | 118 | 92.81 | 122 | 217 | 245 | 235 | 284 | 991 | 1,134 | 1,025 | 1,125 | 1,071 |
| Trade receivables | 176 | 140 | 198 | 293 | 380 | 293 | 361 | 810 | 819 | 913 | 1,045 | 1,091 |
| Cash & equivalents | 120 | 49.85 | 83.73 | 31.90 | 27.92 | 43.87 | 65.82 | 343 | 201 | 115 | 170 | 237 |
| Total Assets | 1,483 | 1,434 | 1,580 | 2,711 | 2,445 | 2,311 | 3,200 | 6,787 | 7,536 | 9,772 | 11,666 | 11,703 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 156 | 104 | 87.84 | 107 | 112 | 185 | 256 | 316 | 759 | 575 | 599 | 869 |
| Cash from investing activity | −55.96 | 6.01 | −50.96 | −30.98 | −108 | −258 | −194 | −211 | −369 | −600 | −537 | −471 |
| Cash from financing activity | −101 | −113 | −27.92 | −86.85 | −3.99 | 108 | −55.85 | −55.87 | −396 | −4.99 | −69.89 | −355 |
| Net cash flow | −0.99 | −3.99 | 8.97 | −10.96 | 0.00 | 34.93 | 5.99 | 49.90 | −4.99 | −28.95 | −6.98 | 45.88 |
| Capex | 58.89 | 33.93 | 74.87 | 87.93 | 164 | 321 | 221 | 434 | 482 | 498 | 508 | 450 |
| Free cash flow | 96.72 | 69.81 | 13.96 | 18.95 | −51.87 | −134 | 35.91 | −111 | 344 | 83.79 | 95.79 | 420 |
| CFO / OP % | 119.1% | 87.1% | 72.0% | 88.0% | 61.1% | 84.1% | 73.0% | 66.1% | 110.0% | 79.0% | 90.1% | 103.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 47 | 46 | 63 | 59 | 62 | 56 | 63 | 78 | 46 | 52 | 58 | 57 |
| Inventory days | 53 | 58 | 77 | 65 | 67 | 78 | 95 | 139 | 112 | 114 | 109 | 103 |
| Days payable | 91 | 84 | 102 | 105 | 116 | 122 | 122 | 149 | 101 | 95 | 103 | 112 |
| Cash conversion cycle | 8 | 19 | 37 | 17 | 12 | 11 | 35 | 66 | 55 | 70 | 63 | 47 |
| Working capital days | −25 | −6 | 14 | 3 | 30 | 38 | 34 | 72 | 47 | 52 | 57 | 58 |
| ROCE % | 13.0% | 14.0% | 13.9% | 6.0% | 9.9% | 12.0% | 19.0% | 15.0% | 12.9% | 11.0% | 7.0% | 7.0% |
For the Jun 2026 quarter, Kirloskar Industries reported sales of ₹1,767 Cr, up 4.3% year on year and net profit of ₹82.26 Cr, down 65.5% year on year. The operating margin was 11.9%.
Kirloskar Industries' sales for the year to Mar 2026 were ₹6,934 Cr; over the last twelve months they were ₹6,972 Cr.
Net profit for the year to Mar 2026 was ₹505 Cr, and ₹356 Cr over the last twelve months. Earnings per share over the same trailing period were ₹266.42.
Kirloskar Industries reported borrowings of ₹1,115 Cr at Mar 2026, against cash and equivalents of ₹237 Cr.
Cash from operations was ₹869 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹420 Cr.