Kirloskar Industries Ltd
Kirloskar Industries Ltd (KIRLOSIND)

Kirloskar Industries Ltd (KIRLOSIND)

₹1451.83.05%

Key Stats

₹1396
Day's Price Range
₹1465
₹1201.05
52-Week Price Range
₹1766
1 Month Return8.72 %
3 Month Return7.76 %
1 Year Return0.17 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 92
7.08
EPS
Rank 17
₹198.83
BVPS
Rank 21
₹1797.92
Dividend Yield
Rank 72
0.81%
ROE
Rank 398
2.41%
Price To Book Ratio
Rank 135
0.78
Debt To Asset
Rank 184
0.45

Company Information

Kirloskar Oil Engines Limited KOEL a manufacturer of the widest range of Diesel Engines in India was incorporated on 13th June 1978. KOEL is acknowledged leader in Engines Engine Bearings Engine Valves Diesel Generating Sets and Grey Iron Castings. Product range of the company includes Diesel Engines Irrigation Pumpsets Diesel Generating Sets Engine Bearings and Engine Valves and Grey Iron Castings. The Companys engines are the preferred choice when it comes to powering Agricultural Machinery Construction Material Handling Machinery Marine applications and equipment used by Armed Forces Military. KOELs Diesel Generating Sets in the range 2 Kva to 6 MW are preferred by the industry at large households and the service sector comprising of banks telecommunication establishments commercial use buildings hotels and restaurants. Similarly Engine Bearings and Engine Valves are the chosen ones for OEM use in automobiles and other engines. For manufacturing all the above said products the company has plants in different places such as Khadki and Phursungi in Pune Nasik Ahmednagar Rajkot and Kagal. In 1979 the company had obtained a licence to manufacture engines up to 3000 hp in collaboration with SEMT Pielstick France and also in the same year KOEL introduced Aluminium Tin Bearings in the market. KOEL had signed a collaboration agreement with Deutz AG in the year 1989 for manufacturing aircooled engines under technical licence. In the year 1991 the company specially developed 45 types of engine bearings and bushes the same was exported to MIBA Glietlager AG Austria by KOELs Auto Components Division. KOELs Auto Components Division became the first Indian company in the bearings industry to receive an ISO 9001 certification in the year 1993. The company had acquired crankcase machining in line facility for Pielstick engines during the year 1994 and also in the same year KOEL manufactured the first PA series heavy fuel engines in India the first such series designed by SEMT Pielstick. In 1996 R1040 series of watercooled engines 15125 hp developed at KOELs Techcentre and Kirloskar MiddleEast established in Ajman U.A.E. As at August 1997 Kirloskar Filters Ltd was merged with the company. A new company Kirloskar Knecht Filters Ltd was formed in October of the same year. Launched A17X half bearings and also during the identical year of 1997 Kirloskar Briggs Stratton Power Equipment Pvt. Ltd was established in collaboration with Briggs Stratton U.S.A. for the manufacture of petrol/kerosene engines gensets and pumpsets. Oracle Enterprise Resource Planning system goes online in the companys environment during the year 1998. The Khadki plant was certified an ISO14001 for Environment Management System in November of the year 1999. During the year 200102 the company had received noteworthy orders for repower of defence vehicles and also for supply of engines for Indian Navy ships. Additionally your company has been awarded a contract to study the feasibility of repowering certain Naval Ships. KOEL had successfully developed five new engines in the year 2002 that meet the requirements of the OE customers and end users which not only surpass Indian emission norms but also meet norms for off road use in United States to Tier I norms and are capable of Tier II upgradation as it became necessary. Kirloskar power supply company Ltd amalgamated with the company on 26th March of the year 2003. The companys fourteen engines were approved by Emission Protection Agency EPA in the year 200304 the highest number of approvals given as on date to any engine manufacturer in India. During the year 200405 the company had delivered two marine engines in range 1600 to 11000 hp and nine generating sets. KOEL had entered into an agreement with Zorya of Ukraine a reputed manufacturer of gas turbines in the period of 200506 to package turbines and offer distributed power generation solutions in 2.5 to 40 MW class. During the year 200607 the company introduced Kirloskar green generating sets in 3 potential countries. The Company had invested in a Greenfield project at Kangal near Kolhapur in Maharashtra during the year 200708. The project includes an export oriented unit to manufacture silent generating sets for global customers.The Company successfully upgrades all engines to the required emission standards in year by year and is able to continue supply of the engines to the customers. KOEL gearing up to meet emission norms currently applicable to industrial engines in Europe and in India by 2011 well ahead of time and is getting prepared to meet new emission norms expected to be announced for power generation products in India.
OrganisationKirloskar Industries Ltd
HeadquartersPune
IndustryFinance