Kirloskar Brothers
1,715.20
-87.50(-4.85%)
Market Cap₹13,620.20 Cr
PE Ratio34.40
Company Performance:
1D-4.85%
1M-11.86%
6M-8.11%
1Y-16.49%
5Y+1,480.10%
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More news about Kirloskar Brothers
22Oct 25
Supreme Court Intervenes in Kirloskar Trademark Dispute
The Supreme Court of India has issued a stay on the Bombay High Court's October 10, 2025 order in a trademark licensing dispute between Kirloskar Proprietary Limited and Kirloskar Brothers Limited. The dispute concerns restrictions on licensing the Kirloskar trademark to group companies for similar business activities. The Supreme Court found the High Court's expansion of restraint inappropriate while the appeal is pending. The next hearing is scheduled for November 4, 2025. Kirloskar Brothers Limited has stated that the financial implications of this ongoing litigation cannot be determined at this time.
19Oct 25
Supreme Court Stays Bombay High Court Order in Kirloskar Trademark Dispute
The Supreme Court of India has stayed a Bombay High Court order that imposed restrictions on the licensing of the Kirloskar trademark. This decision comes in response to a special leave petition filed by Kirloskar Proprietary Limited against Kirloskar Brothers Limited (KBL). The Bombay High Court's order had limited the assignment and licensing of the Kirloskar trademark to group companies and similar business activities. The Supreme Court found the expansion of restraint scope inappropriate while an appeal was pending. The case is scheduled for hearing on November 4, with KBL stating that the financial implications of this litigation are currently undeterminable.
15Oct 25
Kirloskar Brothers' NCLAT Appeal Dismissed Following Final Decision on Main Petition
Kirloskar Brothers Limited's appeal against an interim NCLT order was dismissed by NCLAT as infructuous, following the final decision on the main petition. The company does not expect material impact on its operations. Additionally, Mr. Supriyo Bhowmik, VP & Head of Engineered Service Division, has resigned effective October 14, 2025. KBL also submitted a Compliance Certificate for Q3 2025, confirming proper processing of dematerialized securities.
11Oct 25
Bombay High Court Modifies Order on Kirloskar Trademark Usage
The Bombay High Court has modified its earlier order regarding Kirloskar trademarks, further restricting Kirloskar Proprietary Limited's (KPL) ability to license and assign these marks. KPL is now restrained from licensing and assigning Kirloskar marks to other group companies for businesses competing or overlapping with Kirloskar Brothers Limited (KBL). While KPL can still create licenses for its member companies, it cannot extend this right to other Kirloskar group companies competing with KBL. The financial implications of this litigation are currently undetermined for KBL.
01Oct 25
Kirloskar Brothers Secures Major Order for Over 14,000 Pump Sets from Indian Oil Corporation
Kirloskar Brothers Limited (KBL) has received a significant order from Indian Oil Corporation Limited (IOCL) for over 14,000 pump sets. The order is to be executed within 12 months, with 100% payment upon delivery. This contract strengthens KBL's position in the Oil & Gas sector's retail market. The disclosure was made in compliance with SEBI regulations, and KBL confirmed no related party transactions are involved.
12Sept 25
SEBI Seeks Disclosure of 2009 Kirloskar Family Agreement in Bombay High Court
SEBI has filed an affidavit in the Bombay High Court, demanding disclosure of a 2009 family agreement that divided Kirloskar Group companies among Sanjay, Atul, and Rahul Kirloskar. This move opposes a plea by four listed Kirloskar companies challenging SEBI's advisory for disclosure. SEBI argues that shareholders have the right to know crucial information, including a non-compete clause affecting Kirloskar Oil Engines. The agreement reportedly assigned specific roles and company associations to family members. This development is part of an ongoing dispute within the Kirloskar Group, highlighting challenges in balancing family interests with corporate governance and regulatory compliance.
27Aug 25
Kirloskar Brothers Secures Interim Stay Against Rs. 15.48 Crore GST Recovery Proceedings
Kirloskar Brothers Limited (KBL) has obtained an interim stay from the Andhra Pradesh High Court against recovery proceedings for alleged GST tax arrears of Rs. 15.48 crore. The tax demand relates to an unincorporated joint venture, IVRCL-KBL-MEIL, formed for a project with the Water Resources Department of Andhra Pradesh. KBL filed a writ petition challenging the demand notice issued by the Assistant Commissioner, State Tax Department. The interim stay provides temporary relief for the company in its ongoing legal battle with state tax authorities.
12Aug 25
Kirloskar Brothers Challenges Rs. 15.48 Crore GST Demand in Andhra Pradesh High Court
Kirloskar Brothers Limited (KBL) has filed a writ petition in the Andhra Pradesh High Court against a Rs. 15.48 crore GST demand notice for FY 2017-18. The tax claim relates to an unincorporated joint venture between KBL, IVRCL Ltd., and Megha Engineering & Infrastructure Ltd. for a project with the Andhra Pradesh Water Resources Department. KBL seeks to set aside the assessment order and demand notice, with an interim stay pending the petition. The company states that the financial impact cannot be determined due to ongoing legal proceedings.
11Aug 25
Kirloskar Brothers Limited Seeks Shareholder Approval for Harsh Vardhan Shringla's Appointment as Independent Director
Kirloskar Brothers Limited (KBL) has initiated a postal ballot for shareholder approval to appoint Mr. Harsh Vardhan Shringla as an Independent Director for a five-year term from August 02, 2025, to August 01, 2030. Mr. Shringla, 63, is a former Foreign Secretary of India with extensive diplomatic experience. The e-voting period is from August 12 to September 10, 2025, with a cut-off date of August 08, 2025. The appointment requires approval as a Special Resolution and is subject to SEBI regulations. The Board recommends the appointment, citing Mr. Shringla's expertise in geopolitics and international relations as valuable additions to the company's leadership.
08Aug 25
Kirloskar Brothers Q1 Revenue Dips 5% to Rs 979 Crores, EBITDA Margins Improve to 13%
Kirloskar Brothers Limited (KBL) reported a 5% year-on-year decline in consolidated revenue for Q1, totaling Rs 979 crores. Despite the revenue drop, EBITDA margins improved to 13% from 12.3% last year. Order inflows increased by 9% YoY to Rs 1,336 crores. The standalone domestic business saw a 7% YoY revenue decline but a 10% YoY EBITDA growth. Early monsoon impacted small pump demand in agriculture, while the industrial segment showed strong demand. International business faced a 2% degrowth due to election-related delays in the US and Thailand. The company maintains a positive outlook with a strong order book and focus on operational efficiency.
01Aug 25
Kirloskar Brothers Reports Mixed Q1 Results, Appoints Former Foreign Secretary as Director
Kirloskar Brothers Limited (KBL) announced its Q1 FY2026 results, showing a decline in revenue but an increase in profitability. Consolidated revenue decreased by 5.03% to Rs 9,790.00 million, while profit after tax grew by 2.90% to Rs 675.00 million. The company appointed Mr. Harsh Vardhan Shringla, former Indian Foreign Secretary, as an Additional Independent Director for a five-year term, effective August 2, 2025, subject to shareholder approval.
01Aug 25
Kirloskar Brothers Reports Q1 Results and Appoints Former Foreign Secretary as Independent Director
Kirloskar Brothers Limited (KBL) announced Q1 financial results for 2025-26. Standalone revenue decreased by 6.70% to Rs. 6,206.00 million, while profit after tax increased by 14.90% to Rs. 470.00 million. Consolidated revenue fell 5.00% to Rs. 9,790.00 million, with profit after tax up 2.90% to Rs. 675.00 million. KBL appointed Mr. Harsh Vardhan Shringla, former Indian Foreign Secretary, as Additional Independent Director for a five-year term starting August 2, 2025, subject to shareholder approval.
01Aug 25
Kirloskar Brothers Reports Mixed Q1 Results: Revenue Dips, Profit Rises
Kirloskar Brothers Limited (KBL) reported mixed financial results for Q1 FY2024. Despite a revenue decline of 6.70% standalone and 5.00% consolidated, the company improved its profitability. Standalone PAT increased by 14.90% to Rs 470.00 million, while consolidated PAT grew marginally by 2.90% to Rs 675.00 million. Standalone EPS rose to Rs 5.93 from Rs 5.15, and consolidated EPS increased to Rs 8.40 from Rs 8.20 year-over-year. The company's revenue was split between domestic (Rs 6,222.00 million) and international operations (Rs 3,568.00 million). Additionally, the Board approved the appointment of Mr. Harsh Vardhan Shringla as an Additional Director in the category of Independent Director for a 5-year term, subject to shareholder approval.
14May 25
Kirloskar Brothers Reports Mixed Q4 Results: Revenue Up, Profits Down
Kirloskar Brothers Limited reported a 18.32% increase in revenue to ₹1,161.00 crore for Q4 FY24, but saw a 15.36% decrease in net profit to ₹118.50 crore. EBITDA declined by 7.59% to ₹176.50 crore, with EBITDA margin contracting to 15.20%. Sales grew by 18.59% to ₹1,144.20 crore, while Operating Profit Margin slightly improved to 13.96%.
Kirloskar Brothers
1,715.20
-87.50
(-4.85%)
1 Year Returns:-16.49%
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