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Last Updated: April 2, 2026, 3:13 am
Author: Getaka|Social: XLinkedIn

Kirloskar Electric Company Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹29.76Overvalued by 66.37%vs CMP ₹88.50

P/E (31.7) × ROE (6.1%) × BV (₹18.80) × DY (2.00%)

₹16.83Overvalued by 80.98%vs CMP ₹88.50
MoS: -425.8% (Negative)Confidence: 65/100 (Moderate)Models: All 8: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹20.5725%Over (-76.8%)
Graham NumberEarnings₹26.0218%Over (-70.6%)
Earnings PowerEarnings₹3.3712%Over (-96.2%)
DCFCash Flow₹0.6715%Over (-99.2%)
Net Asset ValueAssets₹18.818%Over (-78.7%)
EV/EBITDAEnterprise₹15.9510%Over (-82%)
Earnings YieldEarnings₹16.008%Over (-81.9%)
Revenue MultipleRevenue₹40.946%Over (-53.7%)
Consensus (8 models)₹16.83100%Overvalued
Key Drivers: EPS CAGR -30.9% drags value — could be higher if earnings stabilize. | Wide model spread (₹1–₹41) — 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

Investment Snapshot

49
Kirloskar Electric Company Ltd scores 49/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health38/100 · Weak
ROCE 8.4% AverageROE 6.1% AverageD/E 4.65 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 49.6% 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 Rank45/100 · Moderate
P/E 31.7 vs industry 61.2 Cheaper than peersROCE 8.4% vs industry 16.4% Below peersROE 6.1% vs industry 15.9% 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. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:13 am

Market Cap 588 Cr.
Current Price 88.5
Intrinsic Value₹16.83
High / Low 152/74.9
Stock P/E31.7
Book Value 18.8
Dividend Yield0.00 %
ROCE8.35 %
ROE6.12 %
Face Value 10.0
PEG Ratio-1.03

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 588 Cr. 88.5 152/74.931.7 18.80.00 %8.35 %6.12 % 10.0
WS Industries (India) Ltd 519 Cr. 68.4 102/59.2 31.30.00 %5.30 %10.6 % 10.0
Urja Global Ltd 472 Cr. 8.98 17.5/8.00366 3.350.00 %1.36 %0.73 % 1.00
Modison Ltd 406 Cr. 125 197/10910.9 69.82.80 %15.5 %12.1 % 1.00
Artemis Electricals & Projects Ltd 396 Cr. 15.8 28.0/13.041.3 3.650.03 %11.7 %9.26 % 1.00
Industry Average12,116.17 Cr516.5461.1898.010.35%16.40%15.91%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: January 7, 2026, 3:57 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 51535666666666666666666666
Reserves 72-222-2565-81-158-114-331025164859
Borrowings 333283332296309266188179142133126116104
Other Liabilities 488318310366320303347415397388433372379
Total Liabilities 942432441733614478487628616614641602609
Fixed Assets 3379892416405327322481442439438435434
CWIP 2200000011103
Investments 2111111222222
Other Assets 601331348316207149164145171172201165170
Total Assets 942432441733614478487628616614641602609

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 42-45-233123134303573736
Cash from Investing Activity + -4-21925626961032-2-1
Cash from Financing Activity + -10108-40-27-66-107-34-109-33-31-35
Net Cash Flow 28-373-7-0-2-4129-2440
Free Cash Flow 40-43-243027591103170103432
CFO/OP -80%58%550%-283%-54%-6%-10,771%-167%-230%22%96%234%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-390.00-360.00-336.00-307.00-348.00-302.00-188.00-196.00-158.00-97.00-89.00-100.00

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

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 49.51%49.51%49.51%49.51%49.51%49.51%49.51%49.60%49.60%49.60%49.60%49.60%
FIIs 4.29%4.16%3.83%3.83%3.85%4.17%4.03%4.33%3.97%3.85%4.02%3.86%
DIIs 1.64%1.55%2.25%2.11%1.73%1.61%1.43%1.21%1.19%1.19%1.19%1.19%
Public 44.55%44.78%44.41%44.54%44.90%44.71%45.03%44.87%45.24%45.36%45.20%45.34%
No. of Shareholders 62,21265,23867,45472,76680,24883,87688,71288,48288,56587,96786,29386,080

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

About the Company - Qualitative Analysis

Kirloskar 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(CIN) is L31100KA1946PLC000415 and registration number is 000415. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company's Total Operating Revenue is Rs. 543.82 Cr. and Equity Capital is Rs. 66.41 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Electric Equipment - GeneralNo. 19, 2nd Main Road, Peenya 1st Stage, Bengaluru Karnataka 560058Contact not found
Management
NamePosition Held
Mr. Vijay Ravindra KirloskarExecutive Chairman
Mrs. Meena KirloskarVice Chairperson (Non-Executive)
Mr. Anand Balaramacharya HunnurManaging Director
Mr. Sanjeev Kumar ShivappaDirector - Finance & CFO
Ms. Rukmini KirloskarNon Executive Director
Dr. Pangal Ranganath NayakIndependent Director
Mr. Mohammed Saad Bin JungIndependent Director
Mr. Ashok MisraIndependent Director
Mr. Suresh KumarIndependent Director
Mr. Ravi GhaiIndependent Director
Mr. K N Shanth KumarIndependent Director

FAQ

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

As of 19 April 2026, Kirloskar Electric Company Ltd's intrinsic value is ₹16.83, which is 80.98% lower than the current market price of ₹88.50, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (6.12 %), book value (₹18.8), 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 ₹88.50 as of 19 April 2026, with a FY2026-2027 high of ₹152 and low of ₹74.9. The stock is currently near its 52-week low. Market cap stands at ₹588 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 31.7, which is below the industry average of 61.18. 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 8.35 % is on the lower side compared to the industry average of 16.40%; ROE of 6.12 % is below ideal levels (industry average: 15.91%). 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 ₹88.50. The company is currently not paying meaningful dividends.

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