Kirloskar Oil Engines Limited released the transcript of its Q3 FY26 earnings conference call held on February 12, 2026, providing detailed insights into the company's record-breaking quarterly performance and strategic initiatives across business segments.

Conference Call Highlights and Leadership

The earnings call was hosted by Antique Stock Broking Limited and featured key management personnel including Ms. Gauri Kirloskar (Managing Director), Mr. Rahul Sahai (CEO), Mr. Sachin Kejriwal (CFO), Mr. Kiran Bhagnur Khapre (CHRO), and Ms. Farah Irani (Company Secretary). The call discussed the company's highest ever third quarter sales and year-to-date performance.

Business Performance Overview

Managing Director Gauri Kirloskar highlighted that Q3 FY26 delivered the company's highest ever third quarter sales, achieving 35% year-on-year sales growth and 25% year-to-date growth. The performance was driven by double-digit growth across all business segments, with particular strength in domestic Power Generation and Industrial businesses.

High Horsepower Segment Momentum

The High Horsepower (HHP) segment emerged as a standout performer with substantial growth of 235% over the previous year. CEO Rahul Sahai explained that the company's HHP products now range from 1,000 kVA to 3,000 kVA, with demand primarily driven by infrastructure developments including commercial, residential, and data centre applications.

Strategic Initiatives and Market Expansion

The management discussed several strategic developments including the incorporation of Kirloskar Advanced Systems Limited for specialized government work in Defence and Railways. The company also outlined its international expansion strategy, with focused efforts in Middle East, Africa, and ongoing investments in the U.S. market through Kirloskar Americas subsidiary.

Financial Services and Subsidiary Performance

Arka Fincap, the financial services subsidiary, reported revenue of ₹227 crores with 7% year-on-year growth. Managing Director Samrat Gupta detailed the company's strategy of granularizing the loan book through retail portfolio development, with current Assets Under Management at ₹7,600 crores and maintaining healthy asset quality metrics.

Operational Excellence and Future Outlook

CFO Sachin Kejriwal emphasized the company's improved operational efficiency, with EBITDA margins expanding and working capital management showing positive trends. The management expressed confidence in sustaining growth momentum while maintaining focus on margin improvement through strategic product positioning and market expansion initiatives.

Kirloskar Oil Engines Limited has received a substantial acquisition disclosure from promoter Geetanjali Vikram Kirloskar under SEBI Regulation 29(2) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure pertains to the acquisition of 200 additional equity shares through open market transactions.

Transaction Details

The acquisition was executed on December 18, 2025, through open market purchases. Geetanjali Vikram Kirloskar, who is classified as a promoter group member, submitted the mandatory disclosure filing on December 19, 2025 from France.

Share Capital Information

The company's equity share capital structure shows the total equity share capital at ₹82.43 crores, comprising 16,48,55,383 equity shares with a face value of ₹5.00 each. The acquisition represents a minimal percentage of the total shareholding.

Regulatory Compliance

The disclosure was filed in accordance with SEBI regulations governing substantial acquisitions by promoters and persons acting in concert. Geetanjali Vikram Kirloskar, based at Kirloskar Residency, Bellary Road, Kirloskar Business Park, Hebbal, Bengaluru, submitted the filing as per regulatory requirements.

This acquisition represents part of the ongoing shareholding activities by the promoter group in Kirloskar Oil Engines. The disclosure ensures transparency and compliance with market regulations regarding share transactions by key stakeholders.