Kirloskar Industries holds virtual investor meet on June 24

0 min read     Updated on 25 Jun 2026, 03:21 AM
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AI Summary

Kirloskar Industries Limited conducted a virtual investor meeting on June 24, 2026, with BristleStone Equity Fund, Sunidhi Securities, and Antique Securities. The discussion focused on the company's operational overview, and no unpublished price-sensitive information was disclosed.

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Kirloskar Industries Limited held a virtual investor meeting on June 24, 2026, to discuss its operational overview with analysts and financial institutions. The session, conducted between 11 a.m. and 12 p.m. IST, included participation from BristleStone Equity Fund, Sunidhi Securities, and Antique Securities. No unpublished price-sensitive information was disclosed during the interaction.

The company confirmed the outcome in a regulatory filing submitted to BSE Limited and National Stock Exchange of India Limited. The meeting was held pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The following table outlines the specifics of the interaction:

Day and Date Nature of Interaction Name of Investor/ Analyst/ Financial Institute
Wednesday, 24th June 2026, 11 a.m. to 12 p.m. Group Virtual Meeting BristleStone Equity Fund, Sunidhi Securities, Antique Securities

No presentation was made during the meeting. The discussion was limited to the operational overview of Kirloskar Industries . Ashwini Mali, Company Secretary & Compliance Officer, signed the disclosure on behalf of the company.

Historical Stock Returns for Kirloskar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%+0.68%+26.61%+35.06%-0.68%+138.33%

What key operational metrics did Kirloskar Industries highlight during the meeting?

How might the insights shared influence investor sentiment in the upcoming quarter?

What are the potential strategic shifts Kirloskar Industries could pursue based on the operational overview?

Kirloskar Industries FY26 net profit rises 63.3% to ₹503.18 crore

1 min read     Updated on 20 Jun 2026, 08:57 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Kirloskar Industries reported a 63.3% rise in FY26 net profit to ₹503.18 crore, driven by merger benefits and tax reversal. Revenue grew 5% to ₹6,938.74 crore.

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Kirloskar Industries Limited reported a 63.3% rise in consolidated net profit to ₹503.18 crore for the year ended March 31, 2026, compared to ₹308.22 crore in the previous year. Revenue from operations increased 5% to ₹6,938.74 crore from ₹6,608.06 crore in FY25. The Board of Directors approved the audited consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on June 19, 2026.

The results reflect the effectiveness of the Scheme of Arrangement sanctioned by the National Company Law Tribunal (NCLT), Mumbai Bench, on June 2, 2026. The merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with subsidiary Kirloskar Ferrous Industries Limited (KFIL) became effective from April 1, 2025. Consequently, the consolidated financial results have been updated to give effect to the merger, and previous year figures have been restated as per Ind AS 103.

The merger resulted in the transfer of unabsorbed depreciation and carried forward losses of the transferor companies to KFIL. The management evaluated the tax effect and recognised a deferred tax asset of ₹141.28 crore as on April 1, 2025. During the financial year, these losses were utilised for tax computation, resulting in the reversal of a current tax expense of ₹110.38 crore, which significantly boosted the bottom line.

Financial Performance

Metric FY26 (₹ in Crores) FY25 (₹ in Crores)
Revenue from Operations 6,938.74 6,608.06
Total Income 7,013.18 6,677.68
Total Expenses 6,484.90 6,243.69
Profit for the Period 503.18 308.22
Basic EPS (₹) 217.51 146.41

The company reported exceptional items amounting to a net expense of ₹12.68 crore for the year, primarily comprising the statutory impact of new Labour Codes amounting to ₹18.93 crore and an exceptional gain of ₹3.73 crore from the reversal of ESAR charges for unvested options.

Segment Performance

The Iron Casting segment, representing the consolidated results of KFIL, reported revenue of ₹4,314.19 crore for the year. The Tube and Steel segments reported revenues of ₹2,342.74 crore and ₹1,697.54 crore, respectively. The Investments segment reported revenue of ₹127.00 crore, while the Real Estate segment, representing Avante Spaces Limited, reported revenue of ₹8.77 crore.

Historical Stock Returns for Kirloskar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%+0.68%+26.61%+35.06%-0.68%+138.33%

How will Kirloskar Industries sustain profit growth in FY27 after the one-time tax benefits from the merger are fully utilized?

What is the management's strategy for the Iron Casting segment given its dominance in the consolidated revenue?

Are there further acquisitions or corporate restructuring plans on the horizon following the successful integration of Oliver Engineering and Adicca Energy?

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1 Year Returns:-0.68%