Kirloskar Electric Company Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹62.44Overvalued by 52.70%vs CMP ₹132.00

P/E (57.0) × ROE (6.8%) × BV (₹19.80) × DY (2.00%)

₹22.80Overvalued by 82.73%vs CMP ₹132.00
MoS: -478.9% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹43.1525%Over (-67.3%)
Graham NumberEarnings₹26.7018%Over (-79.8%)
Earnings PowerEarnings₹3.9912%Over (-97%)
DCFCash Flow₹1.2815%Over (-99%)
Net Asset ValueAssets₹19.788%Over (-85%)
EV/EBITDAEnterprise₹16.6110%Over (-87.4%)
Earnings YieldEarnings₹16.008%Over (-87.9%)
Revenue MultipleRevenue₹41.086%Over (-68.9%)
Consensus (8 models)₹22.80100%Overvalued
Key Drivers: EPS CAGR -30.9% drags value — could be higher if earnings stabilize. | Wide model spread (₹1–₹43) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -30.9%

*Investments are subject to market risks

Analyst Summary

Kirloskar Electric Company Ltd operates in the Electric Equipment - General segment, current market price is ₹132.00, market cap is 874 Cr.. At a glance, stock P/E is 57.0, ROE is 6.78 %, ROCE is 14.6 %, book value is 19.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹22.80, around 82.7% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹544 Cr versus the prior period change of -2.3%, while latest net profit is about ₹4 Cr with a prior-period change of -71.4%. The 52-week range shown on this page is 155/74.9, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisKirloskar Electric Company Ltd. is a Public Limited Listed company incorporated on 26/07/1946 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(…

This summary is generated from the stock page data available for Kirloskar Electric Company Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

51
Kirloskar Electric Company Ltd scores 51/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health44/100 · Moderate
ROCE 14.6% GoodROE 6.8% AverageD/E 4.65 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.04% (6mo) Slight increasePromoter holding at 49.7% Stable
Earnings Quality65/100 · Strong
OPM expanding (2% → 5%) Improving
Quarterly Momentum50/100 · Moderate
Revenue (4Q): -5% YoY FlatProfit (4Q): -18% YoY DecliningOPM: 10.4% (up 5.7% YoY) Margin expansion
Industry Rank40/100 · Moderate
P/E 57.0 vs industry 60.2 In-lineROCE 14.6% vs industry 16.1% AverageROE 6.8% vs industry 14.6% Below peers3Y sales CAGR: 18% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 7:12 am

Market Cap 874 Cr.
Current Price 132
Intrinsic Value₹22.80
High / Low 155/74.9
Stock P/E57.0
Book Value 19.8
Dividend Yield0.00 %
ROCE14.6 %
ROE6.78 %
Face Value 10.0
PEG Ratio-1.85

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Kirloskar Electric Company Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Kirloskar Electric Company Ltd 874 Cr. 132 155/74.957.0 19.80.00 %14.6 %6.78 % 10.0
Swelect Energy Systems Ltd 900 Cr. 594 979/48021.0 6080.59 %8.00 %5.34 % 10.0
Salzer Electronics Ltd 1,007 Cr. 569 953/48922.8 3270.44 %11.2 %9.55 % 10.0
Urja Global Ltd 486 Cr. 9.24 14.4/8.00342 3.360.00 %1.27 %0.77 % 1.00
WS Industries (India) Ltd 469 Cr. 61.8 98.0/52.6159 52.10.00 %3.06 %0.80 % 10.0
Industry Average16,320.55 Cr711.4760.23110.220.25%16.07%14.62%6.47

All Competitor Stocks of Kirloskar Electric Company Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 115.75145.05117.57145.18126.07168.53133.47161.47119.75129.13132.24142.11151.42
Expenses 108.10128.28109.83132.80120.37157.59124.61161.27114.01128.43125.36135.70135.61
Operating Profit 7.6516.777.7412.385.7010.948.860.205.740.706.886.4115.81
OPM % 6.61%11.56%6.58%8.53%4.52%6.49%6.64%0.12%4.79%0.54%5.20%4.51%10.44%
Other Income 2.911.151.221.003.492.280.9811.991.563.170.9611.09-4.41
Interest 5.955.745.876.786.466.546.525.875.496.446.356.446.03
Depreciation 1.231.291.261.281.221.261.321.231.241.101.071.081.06
Profit before tax 3.3810.891.835.321.515.422.005.090.57-3.670.429.984.31
Tax % 0.00%0.00%0.00%0.00%0.00%0.00%3.50%0.00%0.00%4.90%0.00%0.00%4.87%
Net Profit 3.3810.891.835.321.515.421.935.090.57-3.850.429.984.10
EPS in Rs 0.511.640.280.800.230.820.290.770.09-0.580.061.500.62

Last Updated: March 4, 2026, 3:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 6:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 991510548572370295314278335474557544555
Expenses 1,048588552583409330315295350437521528525
Operating Profit -57-77-4-11-39-36-0-17-1636371630
OPM % -6%-15%-1%-2%-10%-12%-0%-6%-5%8%7%3%5%
Other Income 29-10525177659581192281811
Interest 49454945434943303122262425
Depreciation 201212121297855554
Profit before tax -97-240-39-52-87-2845-48673114411
Tax % -1%0%0%-0%0%0%0%0%0%0%0%6%
Net Profit -97-240-39-52-87-2845-48673114411
EPS in Rs -18.65-45.19-7.09-7.88-13.12-4.216.82-7.2410.154.682.120.561.60
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-147.42%83.75%-33.33%-67.31%67.82%260.71%-206.67%239.58%-53.73%-54.84%-71.43%
Change in YoY Net Profit Growth (%)0.00%231.17%-117.08%-33.97%135.12%192.90%-467.38%446.25%-293.31%-1.11%-16.59%

Kirloskar Electric Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:1%
5 Years:12%
3 Years:18%
TTM:-5%
Compounded Profit Growth
10 Years:7%
5 Years:13%
3 Years:22%
TTM:-154%
Stock Price CAGR
10 Years:15%
5 Years:58%
3 Years:37%
1 Year:-41%
Return on Equity
10 Years:%
5 Years:%
3 Years:12%
Last Year:-6%

Last Updated: September 5, 2025, 9:10 am

Balance Sheet

Last Updated: July 6, 2026, 3:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 535666666666666666666666
Reserves -222-2565-81-158-114-331025164865
Borrowings 283332296309266188179142133126116100
Other Liabilities 318310366320303347415397388433372401
Total Liabilities 432441733614478487628616614641602633
Fixed Assets 9892416405327322481442439438435437
CWIP 200000011100
Investments 111111222222
Other Assets 331348316207149164145171172201165194
Total Assets 432441733614478487628616614641602633

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -45-23312313430357373625
Cash from Investing Activity + -21925626961032-2-117
Cash from Financing Activity + 108-40-27-66-107-34-109-33-31-35-40
Net Cash Flow -373-7-0-2-4129-24402
Free Cash Flow -43-24302759110317010343236
CFO/OP 58%550%-283%-54%-6%-10,771%-167%-230%22%96%234%74%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-57.00-360.00-336.00-307.00-348.00-302.00-188.00-196.00-158.00-97.00-89.00-100.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 74118112916753636342425639
Inventory Days 1218487647078867571614645
Days Payable 161171164170189200216252227187174171
Cash Conversion Cycle 343236-15-52-69-66-114-114-84-71-87
Working Capital Days -80-123-106-174-363-443-381-517-402-241-196-195
ROCE %-13%-27%-10%-4%-14%-17%1%-13%-1%21%18%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 49.51%49.51%49.51%49.51%49.51%49.60%49.60%49.60%49.60%49.60%49.74%49.74%
FIIs 3.83%3.83%3.85%4.17%4.03%4.33%3.97%3.85%4.02%3.86%4.02%4.06%
DIIs 2.25%2.11%1.73%1.61%1.43%1.21%1.19%1.19%1.19%1.19%1.19%1.25%
Public 44.41%44.54%44.90%44.71%45.03%44.87%45.24%45.36%45.20%45.34%45.05%44.94%
No. of Shareholders 67,45472,76680,24883,87688,71288,48288,56587,96786,29386,08085,21782,178

Shareholding Pattern Chart

No. of Shareholders

Kirloskar Electric Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.562.124.6810.15-7.24
Diluted EPS (Rs.) 0.562.124.6810.15-7.24
Cash EPS (Rs.) 1.302.885.4310.93-5.99
Book Value[Excl.RevalReserv]/Share (Rs.) 17.2812.4013.8311.455.05
Book Value[Incl.RevalReserv]/Share (Rs.) 17.2812.4013.8311.455.05
Revenue From Operations / Share (Rs.) 81.8883.9271.3050.3941.80
PBDIT / Share (Rs.) 3.506.748.8215.56-1.46
PBIT / Share (Rs.) 2.765.988.0614.77-2.72
PBT / Share (Rs.) 0.592.124.6810.15-7.24
Net Profit / Share (Rs.) 0.562.124.6810.15-7.24
NP After MI And SOA / Share (Rs.) 0.562.124.6810.15-7.24
PBDIT Margin (%) 4.278.0212.3630.87-3.49
PBIT Margin (%) 3.377.1211.3129.31-6.50
PBT Margin (%) 0.732.526.5620.13-17.33
Net Profit Margin (%) 0.682.526.5620.13-17.33
NP After MI And SOA Margin (%) 0.682.526.5620.13-17.33
Return on Networth / Equity (%) 3.2517.0933.8388.69-143.59
Return on Capital Employeed (%) 9.2920.4429.7765.78-13.28
Return On Assets (%) 0.622.195.0710.96-7.67
Long Term Debt / Equity (X) 0.000.000.000.000.69
Total Debt / Equity (X) 1.011.541.451.874.65
Asset Turnover Ratio (%) 0.870.880.760.530.49
Current Ratio (X) 0.340.390.330.300.23
Quick Ratio (X) 0.230.280.210.200.15
Inventory Turnover Ratio (X) 11.627.736.555.864.30
Interest Coverage Ratio (X) 0.951.742.603.36-0.32
Interest Coverage Ratio (Post Tax) (X) 0.741.552.383.19-0.60
Enterprise Value (Cr.) 938.06790.28561.36268.34219.71
EV / Net Operating Revenue (X) 1.721.421.190.800.79
EV / EBITDA (X) 40.3517.669.592.60-22.66
MarketCap / Net Operating Revenue (X) 1.561.240.950.510.29
Price / BV (X) 7.428.424.932.292.45
Price / Net Operating Revenue (X) 1.561.240.950.510.29
EarningsYield 0.000.020.060.38-0.58

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Kirloskar Electric Company Ltd and is it undervalued?

As of 13 September 2026, Kirloskar Electric Company Ltd's intrinsic value is ₹22.80, which is 82.73% lower than the current market price of ₹132.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (6.78 %), book value (₹19.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Kirloskar Electric Company Ltd?

Kirloskar Electric Company Ltd is trading at ₹132.00 as of 13 September 2026, with a FY2026-2027 high of ₹155 and low of ₹74.9. The stock is currently in the middle of its 52-week range. Market cap stands at ₹874 Cr..

How does Kirloskar Electric Company Ltd's P/E ratio compare to its industry?

Kirloskar Electric Company Ltd has a P/E ratio of 57.0, which is below the industry average of 60.23. This is broadly in line with or below the industry average.

Is Kirloskar Electric Company Ltd financially healthy?

Key indicators for Kirloskar Electric Company Ltd: ROCE of 14.6 % is moderate; ROE of 6.78 % is below ideal levels (industry average: 14.62%). Dividend yield is 0.00 %.

Is Kirloskar Electric Company Ltd profitable and how is the profit trend?

Kirloskar Electric Company Ltd reported a net profit of ₹4 Cr in Mar 2025 on revenue of ₹544 Cr. Compared to ₹67 Cr in Mar 2022, the net profit shows a declining trend.

Does Kirloskar Electric Company Ltd pay dividends?

Kirloskar Electric Company Ltd has a dividend yield of 0.00 % at the current price of ₹132.00. The company is currently not paying meaningful dividends.

Last Updated: August 25, 2026, 7:12 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Kirloskar Electric Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE