Kirloskar Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 3, 2025, 1:13 am

Market Cap	3,574 Cr.
Current Price	3,446
High / Low	6,699/3,004
Stock P/E	20.2
Book Value	6,643
Dividend Yield	0.38 %
ROCE	10.7 %
ROE	5.40 %
Face Value	10.0
PEG Ratio	-22.37

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Kirloskar Industries Ltd

Competitors of Kirloskar Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gujarat Intrux Ltd	148 Cr.	431	647/270	15.0	179	3.95 %	17.0 %	12.3 %	10.0
Carnation Industries Ltd	4.86 Cr.	14.0	14.0/5.97	2.75	3.44	0.00 %	%	%	10.0
Captain Technocast Ltd	665 Cr.	573	606/178	130	28.3	0.00 %	19.4 %	16.9 %	10.0
Nelcast Ltd	766 Cr.	88.8	166/78.0	30.0	61.3	0.45 %	10.1 %	8.05 %	2.00
Kirloskar Industries Ltd	3,574 Cr.	3,446	6,699/3,004	20.2	6,643	0.38 %	10.7 %	5.40 %	10.0
Industry Average	5,214.78 Cr	875.96		38.58	807.81	0.78%	19.43%	14.17%	7.00

All Competitor Stocks of Kirloskar Industries Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	936	1,037	1,496	1,786	1,606	1,574	1,508	1,578	1,554	1,729	1,559	1,688	1,614
Expenses	801	932	1,324	1,562	1,364	1,352	1,300	1,315	1,325	1,488	1,380	1,476	1,441
Operating Profit	135	105	172	224	242	222	209	263	228	240	179	212	172
OPM %	14%	10%	12%	13%	15%	14%	14%	17%	15%	14%	11%	13%	11%
Other Income	7	16	17	25	10	17	10	-25	14	-19	12	19	12
Interest	6	14	21	25	25	26	30	30	30	32	34	37	39
Depreciation	23	28	41	42	44	49	47	58	64	73	61	64	66
Profit before tax	113	79	127	182	183	164	142	150	148	116	96	130	79
Tax %	25%	156%	19%	28%	28%	43%	34%	39%	29%	39%	31%	29%	33%
Net Profit	85	-44	103	131	133	93	94	91	105	71	66	92	53
EPS in Rs	45.78	0.12	49.42	70.41	64.18	44.39	41.13	46.00	51.06	61.67	28.72	47.75	23.09

Last Updated: February 28, 2025, 6:52 pm

Below is a detailed analysis of the quarterly data for Kirloskar Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹1,614.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,688.00 Cr. (Sep 2024) to ₹1,614.00 Cr., marking a decrease of 74.00 Cr..
For Expenses, as of Dec 2024, the value is ₹1,441.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,476.00 Cr. (Sep 2024) to ₹1,441.00 Cr., marking a decrease of 35.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹172.00 Cr.. The value appears to be declining and may need further review. It has decreased from 212.00 Cr. (Sep 2024) to ₹172.00 Cr., marking a decrease of 40.00 Cr..
For OPM %, as of Dec 2024, the value is 11.00%. The value appears to be declining and may need further review. It has decreased from 13.00% (Sep 2024) to 11.00%, marking a decrease of 2.00%.
For Other Income, as of Dec 2024, the value is ₹12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Sep 2024) to ₹12.00 Cr., marking a decrease of 7.00 Cr..
For Interest, as of Dec 2024, the value is ₹39.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 37.00 Cr. (Sep 2024) to ₹39.00 Cr., marking an increase of 2.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹66.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 64.00 Cr. (Sep 2024) to ₹66.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹79.00 Cr.. The value appears to be declining and may need further review. It has decreased from 130.00 Cr. (Sep 2024) to ₹79.00 Cr., marking a decrease of 51.00 Cr..
For Tax %, as of Dec 2024, the value is 33.00%. The value appears to be increasing, which may not be favorable. It has increased from 29.00% (Sep 2024) to 33.00%, marking an increase of 4.00%.
For Net Profit, as of Dec 2024, the value is ₹53.00 Cr.. The value appears to be declining and may need further review. It has decreased from 92.00 Cr. (Sep 2024) to ₹53.00 Cr., marking a decrease of 39.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 23.09. The value appears to be declining and may need further review. It has decreased from 47.75 (Sep 2024) to 23.09, marking a decrease of 24.66.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:43 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,239	1,368	1,119	1,137	1,826	2,222	1,916	2,080	3,810	6,490	6,396	6,589
Expenses	1,127	1,222	970	968	1,674	1,962	1,650	1,598	3,125	5,603	5,430	5,786
Operating Profit	112	147	148	170	152	260	265	482	685	886	965	803
OPM %	9%	11%	13%	15%	8%	12%	14%	23%	18%	14%	15%	12%
Other Income	51	52	56	50	2	2	14	2	10	43	-45	24
Interest	23	30	24	14	13	18	19	27	31	97	122	142
Depreciation	37	51	45	47	51	57	60	79	95	175	242	264
Profit before tax	103	117	136	159	91	188	200	378	568	658	556	421
Tax %	25%	27%	26%	25%	25%	30%	25%	18%	44%	30%	35%
Net Profit	78	86	100	119	68	132	151	311	316	460	361	282
EPS in Rs	60.08	63.50	74.46	77.66	51.10	86.60	98.77	168.71	197.95	220.11	201.86	161.23
Dividend Payout %	7%	32%	27%	26%	41%	24%	10%	6%	5%	5%	6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	10.26%	16.28%	19.00%	-42.86%	94.12%	14.39%	105.96%	1.61%	45.57%	-21.52%
Change in YoY Net Profit Growth (%)	0.00%	6.02%	2.72%	-61.86%	136.97%	-79.72%	91.57%	-104.35%	43.96%	-67.09%

Kirloskar Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	18%
5 Years:	24%
3 Years:	45%
TTM:	6%

Compounded Profit Growth
10 Years:	15%
5 Years:	21%
3 Years:	11%
TTM:	-8%

Stock Price CAGR
10 Years:	20%
5 Years:	51%
3 Years:	30%
1 Year:	-19%

Return on Equity
10 Years:	7%
5 Years:	8%
3 Years:	7%
Last Year:	5%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:17 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	713	750	799	875	1,779	1,356	1,023	1,736	2,319	3,243	4,982	6,906
Borrowings	190	133	108	97	88	138	323	305	1,216	979	1,241	1,360
Other Liabilities	592	589	515	597	829	938	954	1,145	3,241	3,301	3,529	4,287
Total Liabilities	1,504	1,482	1,432	1,578	2,706	2,441	2,310	3,196	6,786	7,534	9,761	12,563
Fixed Assets	553	548	556	587	599	650	897	1,057	2,780	3,107	3,259	3,363
CWIP	23	31	8	19	76	62	144	243	418	423	768	780
Investments	423	422	511	505	1,423	933	541	1,068	1,190	1,575	3,392	5,537
Other Assets	505	480	357	467	608	796	728	828	2,398	2,429	2,342	2,883
Total Assets	1,504	1,482	1,432	1,578	2,706	2,441	2,310	3,196	6,786	7,534	9,761	12,563

Below is a detailed analysis of the balance sheet data for Kirloskar Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10.00 Cr..
For Reserves, as of Sep 2024, the value is ₹6,906.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,982.00 Cr. (Mar 2024) to ₹6,906.00 Cr., marking an increase of 1,924.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1,360.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1,241.00 Cr. (Mar 2024) to ₹1,360.00 Cr., marking an increase of 119.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹4,287.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,529.00 Cr. (Mar 2024) to ₹4,287.00 Cr., marking an increase of 758.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹12,563.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,761.00 Cr. (Mar 2024) to ₹12,563.00 Cr., marking an increase of 2,802.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹3,363.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,259.00 Cr. (Mar 2024) to ₹3,363.00 Cr., marking an increase of 104.00 Cr..
For CWIP, as of Sep 2024, the value is ₹780.00 Cr.. The value appears strong and on an upward trend. It has increased from 768.00 Cr. (Mar 2024) to ₹780.00 Cr., marking an increase of 12.00 Cr..
For Investments, as of Sep 2024, the value is ₹5,537.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,392.00 Cr. (Mar 2024) to ₹5,537.00 Cr., marking an increase of 2,145.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹2,883.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,342.00 Cr. (Mar 2024) to ₹2,883.00 Cr., marking an increase of 541.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹12,563.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,761.00 Cr. (Mar 2024) to ₹12,563.00 Cr., marking an increase of 2,802.00 Cr..

Notably, the Reserves (₹6,906.00 Cr.) exceed the Borrowings (1,360.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	83	156	104	88	107	112	185	256	317	760	575
Cash from Investing Activity +	-69	-56	6	-51	-31	-108	-258	-194	-211	-369	-600
Cash from Financing Activity +	-9	-101	-113	-28	-87	-4	108	-56	-56	-397	-4
Net Cash Flow	6	-1	-4	9	-11	0	35	6	50	-5	-29

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-78.00	14.00	40.00	73.00	64.00	122.00	-58.00	177.00	684.00	-93.00	964.00

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	56	47	46	63	59	62	56	63	78	46	52
Inventory Days	74	52	57	76	64	66	77	94	138	111	108
Days Payable	114	91	84	102	105	116	122	122	149	101	96
Cash Conversion Cycle	17	8	19	37	17	12	11	35	66	55	65
Working Capital Days	13	-6	26	45	17	40	38	34	72	47	44
ROCE %		13%	14%	14%	6%	10%	12%	19%	15%	13%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	72.84%	72.61%	72.58%	72.43%	72.38%	72.37%	71.81%	71.80%	71.77%	71.77%	71.52%	71.44%
FIIs	0.37%	0.42%	0.40%	0.39%	0.62%	0.58%	0.64%	0.57%	0.69%	0.73%	0.63%	0.71%
DIIs	4.13%	4.12%	4.12%	4.11%	3.85%	3.46%	2.14%	1.94%	1.89%	1.89%	1.88%	1.94%
Public	22.66%	22.85%	22.91%	23.08%	23.15%	23.61%	25.39%	25.67%	25.64%	25.61%	25.97%	25.90%
No. of Shareholders	18,820	18,700	18,378	18,150	17,387	17,256	17,081	16,897	16,943	17,284	16,846	18,894

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
LIC MF Infrastructure Fund	1,303	0.18	0.78	1,303	2025-04-02	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	202.58	228.49	198.68	168.70	98.77
Diluted EPS (Rs.)	194.57	223.23	193.77	163.99	98.68
Cash EPS (Rs.)	607.02	643.10	420.92	402.46	217.39
Book Value[Excl.RevalReserv]/Share (Rs.)	6785.68	4982.62	4156.71	2301.62	1425.76
Book Value[Incl.RevalReserv]/Share (Rs.)	6785.68	4982.62	4156.71	2301.62	1425.76
Revenue From Operations / Share (Rs.)	6413.28	6544.55	3867.66	2116.01	1942.31
PBDIT / Share (Rs.)	990.58	941.98	710.53	498.28	287.30
PBIT / Share (Rs.)	746.83	764.00	612.90	416.57	225.04
PBT / Share (Rs.)	559.98	665.81	581.10	389.01	205.88
Net Profit / Share (Rs.)	363.26	465.11	323.29	320.75	155.13
NP After MI And SOA / Share (Rs.)	201.81	227.03	197.96	168.68	98.75
PBDIT Margin (%)	15.44	14.39	18.37	23.54	14.79
PBIT Margin (%)	11.64	11.67	15.84	19.68	11.58
PBT Margin (%)	8.73	10.17	15.02	18.38	10.59
Net Profit Margin (%)	5.66	7.10	8.35	15.15	7.98
NP After MI And SOA Margin (%)	3.14	3.46	5.11	7.97	5.08
Return on Networth / Equity (%)	4.01	7.30	8.31	9.38	9.28
Return on Capital Employeed (%)	10.09	14.06	13.67	16.95	14.20
Return On Assets (%)	2.05	2.97	2.87	5.12	4.15
Long Term Debt / Equity (X)	0.00	0.00	0.01	0.01	0.01
Total Debt / Equity (X)	0.24	0.31	0.49	0.17	0.31
Asset Turnover Ratio (%)	0.73	0.02	0.03	0.01	0.03
Current Ratio (X)	2.27	1.74	1.42	2.21	1.46
Quick Ratio (X)	1.84	1.22	0.99	1.86	1.16
Inventory Turnover Ratio (X)	3.23	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	5.42	4.37	5.01	0.00	10.12
Dividend Payout Ratio (CP) (%)	2.45	2.45	3.35	0.00	6.21
Earning Retention Ratio (%)	94.58	95.63	94.99	0.00	89.88
Cash Earning Retention Ratio (%)	97.55	97.55	96.65	0.00	93.79
Interest Coverage Ratio (X)	8.05	9.59	22.34	18.08	15.00
Interest Coverage Ratio (Post Tax) (X)	4.47	5.74	11.17	12.64	9.10
Enterprise Value (Cr.)	6957.65	5031.78	4066.05	1933.84	1062.48
EV / Net Operating Revenue (X)	1.09	0.77	1.07	0.94	0.56
EV / EBITDA (X)	7.07	5.41	5.85	4.00	3.81
MarketCap / Net Operating Revenue (X)	0.64	0.37	0.40	0.58	0.22
Retention Ratios (%)	94.57	95.62	94.98	0.00	89.87
Price / BV (X)	0.81	0.78	0.65	0.69	0.41
Price / Net Operating Revenue (X)	0.64	0.37	0.40	0.58	0.22
EarningsYield	0.04	0.09	0.12	0.13	0.22

After reviewing the key financial ratios for Kirloskar Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 202.58. This value is within the healthy range. It has decreased from 228.49 (Mar 23) to 202.58, marking a decrease of 25.91.
For Diluted EPS (Rs.), as of Mar 24, the value is 194.57. This value is within the healthy range. It has decreased from 223.23 (Mar 23) to 194.57, marking a decrease of 28.66.
For Cash EPS (Rs.), as of Mar 24, the value is 607.02. This value is within the healthy range. It has decreased from 643.10 (Mar 23) to 607.02, marking a decrease of 36.08.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 6,785.68. It has increased from 4,982.62 (Mar 23) to 6,785.68, marking an increase of 1,803.06.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 6,785.68. It has increased from 4,982.62 (Mar 23) to 6,785.68, marking an increase of 1,803.06.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 6,413.28. It has decreased from 6,544.55 (Mar 23) to 6,413.28, marking a decrease of 131.27.
For PBDIT / Share (Rs.), as of Mar 24, the value is 990.58. This value is within the healthy range. It has increased from 941.98 (Mar 23) to 990.58, marking an increase of 48.60.
For PBIT / Share (Rs.), as of Mar 24, the value is 746.83. This value is within the healthy range. It has decreased from 764.00 (Mar 23) to 746.83, marking a decrease of 17.17.
For PBT / Share (Rs.), as of Mar 24, the value is 559.98. This value is within the healthy range. It has decreased from 665.81 (Mar 23) to 559.98, marking a decrease of 105.83.
For Net Profit / Share (Rs.), as of Mar 24, the value is 363.26. This value is within the healthy range. It has decreased from 465.11 (Mar 23) to 363.26, marking a decrease of 101.85.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 201.81. This value is within the healthy range. It has decreased from 227.03 (Mar 23) to 201.81, marking a decrease of 25.22.
For PBDIT Margin (%), as of Mar 24, the value is 15.44. This value is within the healthy range. It has increased from 14.39 (Mar 23) to 15.44, marking an increase of 1.05.
For PBIT Margin (%), as of Mar 24, the value is 11.64. This value is within the healthy range. It has decreased from 11.67 (Mar 23) to 11.64, marking a decrease of 0.03.
For PBT Margin (%), as of Mar 24, the value is 8.73. This value is below the healthy minimum of 10. It has decreased from 10.17 (Mar 23) to 8.73, marking a decrease of 1.44.
For Net Profit Margin (%), as of Mar 24, the value is 5.66. This value is within the healthy range. It has decreased from 7.10 (Mar 23) to 5.66, marking a decrease of 1.44.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.14. This value is below the healthy minimum of 8. It has decreased from 3.46 (Mar 23) to 3.14, marking a decrease of 0.32.
For Return on Networth / Equity (%), as of Mar 24, the value is 4.01. This value is below the healthy minimum of 15. It has decreased from 7.30 (Mar 23) to 4.01, marking a decrease of 3.29.
For Return on Capital Employeed (%), as of Mar 24, the value is 10.09. This value is within the healthy range. It has decreased from 14.06 (Mar 23) to 10.09, marking a decrease of 3.97.
For Return On Assets (%), as of Mar 24, the value is 2.05. This value is below the healthy minimum of 5. It has decreased from 2.97 (Mar 23) to 2.05, marking a decrease of 0.92.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.24. This value is within the healthy range. It has decreased from 0.31 (Mar 23) to 0.24, marking a decrease of 0.07.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.73. It has increased from 0.02 (Mar 23) to 0.73, marking an increase of 0.71.
For Current Ratio (X), as of Mar 24, the value is 2.27. This value is within the healthy range. It has increased from 1.74 (Mar 23) to 2.27, marking an increase of 0.53.
For Quick Ratio (X), as of Mar 24, the value is 1.84. This value is within the healthy range. It has increased from 1.22 (Mar 23) to 1.84, marking an increase of 0.62.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.23. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 23) to 3.23, marking an increase of 3.23.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 5.42. This value is below the healthy minimum of 20. It has increased from 4.37 (Mar 23) to 5.42, marking an increase of 1.05.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.45. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 2.45.
For Earning Retention Ratio (%), as of Mar 24, the value is 94.58. This value exceeds the healthy maximum of 70. It has decreased from 95.63 (Mar 23) to 94.58, marking a decrease of 1.05.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.55. This value exceeds the healthy maximum of 70. There is no change compared to the previous period (Mar 23) which recorded 97.55.
For Interest Coverage Ratio (X), as of Mar 24, the value is 8.05. This value is within the healthy range. It has decreased from 9.59 (Mar 23) to 8.05, marking a decrease of 1.54.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.47. This value is within the healthy range. It has decreased from 5.74 (Mar 23) to 4.47, marking a decrease of 1.27.
For Enterprise Value (Cr.), as of Mar 24, the value is 6,957.65. It has increased from 5,031.78 (Mar 23) to 6,957.65, marking an increase of 1,925.87.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.09. This value is within the healthy range. It has increased from 0.77 (Mar 23) to 1.09, marking an increase of 0.32.
For EV / EBITDA (X), as of Mar 24, the value is 7.07. This value is within the healthy range. It has increased from 5.41 (Mar 23) to 7.07, marking an increase of 1.66.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has increased from 0.37 (Mar 23) to 0.64, marking an increase of 0.27.
For Retention Ratios (%), as of Mar 24, the value is 94.57. This value exceeds the healthy maximum of 70. It has decreased from 95.62 (Mar 23) to 94.57, marking a decrease of 1.05.
For Price / BV (X), as of Mar 24, the value is 0.81. This value is below the healthy minimum of 1. It has increased from 0.78 (Mar 23) to 0.81, marking an increase of 0.03.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has increased from 0.37 (Mar 23) to 0.64, marking an increase of 0.27.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.09 (Mar 23) to 0.04, marking a decrease of 0.05.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Kirloskar Industries Ltd as of April 4, 2025 is: 5,818.98

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Kirloskar Industries Ltd is Undervalued by 68.86% compared to the current share price 3,446.00

Intrinsic Value of Kirloskar Industries Ltd as of April 4, 2025 is: 5,766.44

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Kirloskar Industries Ltd is Undervalued by 67.34% compared to the current share price 3,446.00

Last 5 Year EPS CAGR: -0.90%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (2,206.75 cr) compared to borrowings (514.83 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.58 cr) and profit (297.92 cr) over the years.	The stock has a low average ROCE of 11.55%, which may not be favorable. The stock has a high average Working Capital Days of 33.64, which may not be favorable. The stock has a high average Cash Conversion Cycle of 31.09, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Kirloskar Industries Ltd:
1. Net Profit Margin: 5.66%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.09% (Industry Average ROCE: 19.43%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 4.01% (Industry Average ROE: 14.17%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 4.47
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.84
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.2 (Industry average Stock P/E: 38.58)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.24
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Kirloskar Industries Ltd. is a Public Limited Listed company incorporated on 13/06/1978 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L70100PN1978PLC088972 and registration number is 088972. Currently company belongs to the Industry of Castings/Foundry. Company's Total Operating Revenue is Rs. 91.23 Cr. and Equity Capital is Rs. 9.93 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Castings/Foundry	Office No. 801, 8th Floor, Cello Platina, Pune Maharashtra 411005	investorrelations@kirloskar.com http://www.kil.net.in

Management
Name	Position Held
Mr. Atul Kirloskar	Chairman
Mr. Mahesh Chhabria	Managing Director
Ms. Aditi Chirmule	Executive Director
Mr. Anil Alawani	Non Independent Director
Mr. Vinesh Kumar Jairath	Non Independent Director
Mr. Tejas Deshpande	Independent Director
Mr. D Sivanandhan	Independent Director
Mr. Ashit Parekh	Independent Director
Mr. Satish Jamdar	Independent Director
Mr. Vijay Varma	Independent Director
Ms. Purvi Sheth	Independent Director

FAQ

What is the intrinsic value of Kirloskar Industries Ltd?

Kirloskar Industries Ltd's intrinsic value (as of 04 April 2025) is ₹5818.98 — 68.86% higher the current market price of ₹3,446.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 3,574 Cr. market cap, FY2025-2026 high/low of ₹6,699/3,004, reserves of 6,906 Cr, and liabilities of 12,563 Cr.

What is the Market Cap of Kirloskar Industries Ltd?

The Market Cap of Kirloskar Industries Ltd is 3,574 Cr..

What is the current Stock Price of Kirloskar Industries Ltd as on 04 April 2025?

The current stock price of Kirloskar Industries Ltd as on 04 April 2025 is 3,446.

What is the High / Low of Kirloskar Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Kirloskar Industries Ltd stocks is ₹6,699/3,004.

What is the Stock P/E of Kirloskar Industries Ltd?

The Stock P/E of Kirloskar Industries Ltd is 20.2.

What is the Book Value of Kirloskar Industries Ltd?

The Book Value of Kirloskar Industries Ltd is 6,643.

What is the Dividend Yield of Kirloskar Industries Ltd?

The Dividend Yield of Kirloskar Industries Ltd is 0.38 %.

What is the ROCE of Kirloskar Industries Ltd?

The ROCE of Kirloskar Industries Ltd is 10.7 %.

What is the ROE of Kirloskar Industries Ltd?

The ROE of Kirloskar Industries Ltd is 5.40 %.

What is the Face Value of Kirloskar Industries Ltd?

The Face Value of Kirloskar Industries Ltd is 10.0.