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Kirloskar Oil Engines Ltd share Price Today

Company details

1,242.10
1,322.00
379.10
1,379.00
6M Return 144.21%
1Y Return 207.78%
Mkt Cap.(Cr) 18,776.15
Volume 212,640
Div Yield 0.46%
OI
-
OI Chg %
-
Volume 212,640

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Heavy Electrical Equipment company Kirloskar Oil Engines announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

Standalone:

  • Net sales at Rs 1,378 crore for Q4FY24 vs Rs 1,141 crore for Q4FY23; 21% increase YoY
  • EBITDA at Rs 178 crore for Q4FY24 VS Rs 129 crore for Q4FY23; 38% increase YoY
  • EBITDA margin# at 12.8% for Q4FY24 vs 11.2% for Q4FY23
  • Net profit at Rs 118 crore Q4FY24 vs Rs 93 crore for Q4FY23; 26% increase YoY
  • Cash and cash equivalents of Rs 269 crore

Consolidated:

  • Revenue from operations at Rs 1,660 crore for Q4FY24 vs Rs 1,384 crore for Q4FY23; 20% increase YoY
  • Net profit at Rs 131 crore for Q4FY24 vs Rs 107 crore for Q4FY23; 23% increase YoY

FY24 Financial Highlights:

Standalone:

  • Net sales at Rs 4,806 crore for FY24 vs Rs 4,073 crore for FY23; 18% increase YoY
  • EBITDA at Rs 578 crore for FY24 vs Rs 457 crore for FY23; 26% increase YoY
  • EBITDA margin at 11.9% for FY24 vs 11.1% for FY23
  • Net profit at Rs 375 crore for FY24 vs Rs 298 crore for FY23; 26% increase YoY

Consolidated:

  • Revenue from operations at Rs 5,898 crore for FY24 vs Rs 5,024 crore for FY23; 17% increase YoY
  • Net profit at Rs 468 crore for FY24 vs Rs 360 crore for FY23; 30% increase YoY

Commenting on the Q4 and full year results, Gauri Kirloskar, Managing Director, Kirloskar Oil Engines, said "This quarter and the entire year have been exceptionally noteworthy for Kirloskar Oil Engines. We achieved our highest-ever quarterly and yearly revenue figures, surpassing Rs. 500 crore in international sales for the first time. I firmly attribute this success to the relentless efforts of our teams, fueled by robust market demand. This marks the beginning of our ambitious journey towards becoming a technology driven leader in the power and energy systems.

From a business perspective, our CPCB IV products have experienced good traction, alongside the encouraging response for the newly introduced Optiprime range. Our B2B segment growth was backed by strong demand in key sectors such as construction, infrastructure, and railways. Meanwhile, our efforts focused to enhance profitability in the B2C segment have yielded substantial improvements in segment PBIT compared to the previous year.

Undoubtedly, it has been a challenging year operationally, navigating the transitions associated with emission norm changes. However, thanks to the dedication of our team and the support of our partners, we have successfully managed this transition. As we embark on the final year of our 2X 3Y journey, I am confident in the readiness and determination of the entire Kirloskar Oil Engines team to stay the course."

Result PDF

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Kirloskar Oil Engines Ltd shares SWOT Analysis

Strengths (18)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (0)

Data not found

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 1,330.8
R2 1,366.4
R3 1,410.7
Pivot

1,286.47

S1 1,250.9
S2 1,206.6
S3 1,171.0
EMA SMA
1,145.5
1,014.4
896.5
751.7
1,118.1
968.7
869.8
702.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BNP PARIBAS ARBITRAGE Bulk Sell 2023-09-15 484.41 995643 NSE
NIPPON INDIA MUTUAL FUND Bulk Purchase 2023-03-08 322 3571429 NSE
MAX LIFE INSURANCE COMPANY LIMITED Bulk Purchase 2023-03-08 322 2950311 NSE
Name Category Shares
Rahul Chandrakant Kirloskar as individual, as a Karta of Rahul C. Kirloskar HUF and as a Trustee of PROMOTER 12.27%
Atul Chandrakant Kirloskar as individual, as a Trustee of C.S. Kirloskar Testamentary Trust and as PROMOTER 10.12%
Alpana Rahul Kirloskar PROMOTER 5.37%
Gauri Kirloskar PROMOTER 3.97%
Arti Atul Kirloskar PROMOTER 2.23%
Aditi Atul Kirloskar PROMOTER 1.32%
Kirloskar Industries Limited PROMOTER 5.66%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Kirloskar Oil Engines Ltd Stocks COMPARISON

Financials( in Cr) Kirloskar Oil Engines Ltd Cummins India Ltd Thermax Ltd Carborundum Universal Ltd Grindwell Norton Ltd
Price 1,295.30 3,759.00 5,164.80 1,714.35 2,343.40
% Change -0.20 0.66 2.64 -1.40 -1.52
Mcap Cr 18,776.15 104,199.48 61,541.69 32,616.88 25,946.12
Revenue TTM Cr 4,021.98 7,772.09 8,089.81 4,654.28 2,012.76
Net Profit TTM Cr 170.87 1,228.15 450.70 441.70 295.08
PE TTM 41.51 67.96 104.34 70.60 67.55
1 Year Return 207.78 125.56 130.21 40.32 13.10
ROCE 15.41 26.89 14.53 20.69 27.49
ROE 12.09 22.53 12.25 17.04 20.97
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,081.65 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94

Kirloskar Oil Engines Ltd Information

Stock PE (TTM)
41.51
Promoter Holding
41.21%
Book Value
184.5701
ROCE
15.41%
ROE
12.09%
Description
  • Kirloskar Oil Engines Limited was incorporated on January 12, 2009 as a Public Limited Company with the name Kirloskar Engines India Limited. The Company was incorporated with an object of taking over of the carrying on the business of manufacturing, trading and/ or dealing in engines, engine spares, pumps, generating sets and oils used therein, bimetal bearings, bushes and bimetal strips. As per the Scheme of Arrangement between the Company and the erstwhile Kirloskar Oil Engines Ltd, the demerged undertaking of the erstwhile Kirloskar Oil Engines Ltd (now known as Kirloskar Industries Ltd) vested with the Company retrospectively with effect from April 1, 2009 and the said Scheme became effective from March 31, 2010. The demerged undertaking comprises of the business of manufacturing, trading and/ or dealing in engines, engine spares, pumps, generating sets and oils used therein, bimetal bearings, bushes and bimetal strips and comprises of all the assets (whether moveable or immovable, tangible or intangible, real or personal, present, future or contingent) and liabilities, which relate thereto or are necessary therefore, including the items specifically set out in detail in the scheme of arrangement. The company changed their name from Kirloskar Engines India Ltd to Kirloskar Oil Engines Ltd with effect from June 2, 2010. The company`s equity shares were listed on the Bombay Stock Exchange Ltd (BSE), Mumbai and National Stock Exchange of India Ltd (NSE), Mumbai with effect from December 24, 2010. During the year 2010-11, the company launched K-1080 engine covering 140 to 160 kVA. The company was selected jointly by Maratha Chamber of Commerce, Industries and Agriculture (MCCIA) and Rotary Club of Poona West, for their newly introduced "Best Employees Response Award" in large industry category, Pune. In March 2011, the company entered into a license agreement with Daihatsu Diesel Manufacturing Company Ltd, Japan, for manufacture of diesel engines in range of 610 KW to 2560 KW, to cater to the Commercial Marine Market segment. In May 2011, Kirloskar Brothers Investments Ltd (KBIL) acquired shares of the company from the promoters through Interse transfer of shares amongst the group through market and the share holding of KBIL in the company has gone up from 38.06% to 41.84%. Pooja Credits Pvt Ltd (PCPL), which is a wholly owned subsidiary of KBIL, holds 8.76% in the company. Consequently, the company became a subsidiary company of KBIL. In 2012, the Company commissioned two ship sets of naval OPV class at Goa Shipyard Ltd, which is powered with 2 X20PA6B STC engines. In 2013-14, it launched Petrol-Kerosene pumpsets, Varsha High Discharge Pumpset and AV1 XL-Air Cooled Engine as the latest addition to the portfolio. In 2014-15, the Company launched 750 kVAengine; KOEL Chhota Chilli Portable Diesel Genset; launched its first farm mechanism product - MEGA T15 and Ultra-light portable diesel pumpset in the Agri market and 750 kVA and 3 kVA generating sets in DG market. It introduced products in all categories of engine pump sets including the petrol kerosene engines, ultra-light pump sets, mono block pump sets and high head (Futura) series. Using its enhanced reach it launched alternators in the range 2 kVA to 40 kVAunder the brand `Kirloskar Shakti. It commissioned the fourth ship set of naval OPV class in Goa and its first ship set of ASW Corvette class at Kolkata. In 2015-16, KOELAmericas Corp. was incorporated in March 2015 and made a 100% subsidiary of the Company effective from June 23, 2015. The Composite Scheme of Arrangement and Amalgamation between Kirloskar Brothers Investments Limited, Pneumatic Holdings Limited and the Company was made effective from 30 June 2015. In terms of the said Scheme, 8,03,88,514 equity shares were allotted to the shareholders of Kirloskar Brothers Investments Limited and accordingly, it ceased to be Holding Company with effect from 30 June 2015. The said Composite Scheme became operative retrospectively with effect from 1 April 2015. Through the Share Purchase Agreement signed on 1 August 2017, the Company acquired 76% of equity shares of La-Gajjar Machineries Private Limited (LGM) and it became subsidiary of the Company with effect from 1 August 2017. The Company promoted and incorporated a wholly owned subsidiary, namely, Kirloskar Capital Limited (KCL) on 20 April 2018 for the purpose of commencement of a financial services business. The Company launched High Efficiency 3-Phase L.V. Electric Motors and launched i-Green gensets in low and medium kVA in 2022, it introduced alternate fuel engines and Gensets like Natural Gas, Ethanol and Methanol in 2023 .

Registered Address

Laxmanrao Kirloskar Road, Khadki, Pune, Maharashtra, 411003

Tel : 91-20-25810341
Email : smita.raichurkar:kirloskar.com
Website : http://www.kirloskaroilengines.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 533293
NSE Code : KIRLOSENG
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE146L01010

FAQ’s on Kirloskar Oil Engines Ltd Shares

You can buy Kirloskar Oil Engines Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Kirloskar Oil Engines Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 23, 2024 03:57 PM the closing price of Kirloskar Oil Engines Ltd was Rs.1,295.30.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 23, 2024 03:57 PM, the market cap of Kirloskar Oil Engines Ltd stood at Rs. 18,776.15.

The latest PE ratio of Kirloskar Oil Engines Ltd as of May 23, 2024 03:57 PM is 41.51

The latest PB ratio of Kirloskar Oil Engines Ltd as of May 23, 2024 03:57 PM is 0.14

The 52-week high of Kirloskar Oil Engines Ltd share price is Rs. 1,379.00 while the 52-week low is Rs. 379.10

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