Kirloskar Oil Engines
1,085.20
-28.40(-2.55%)
Market Cap₹16,177.20 Cr
PE Ratio34.83
Company Performance:
1D-2.55%
1M+6.50%
6M+24.80%
1Y-2.64%
5Y+793.54%
View Company Insightsright
More news about Kirloskar Oil Engines
10Oct 25
Kirloskar Oil Engines Transfers B2C Segment to Subsidiary in Strategic Move
Kirloskar Oil Engines Limited (KOEL) is transferring its B2C segment, including Water Management Solutions, to its wholly-owned subsidiary La-Gajjar Machineries Private Limited (LGM) through a slump sale. The transaction, effective from October 11, 2025, involves LGM issuing 10,65,150 equity shares to KOEL. The transferred segment contributed 11.59% to KOEL's revenue in FY 2024-25. This move aims to drive operational efficiencies, streamline operations, and position both entities for accelerated growth. The restructuring is part of KOEL's three-year strategy to separate B2C and B2B operations, with no change in KOEL's shareholding pattern.
26Sept 25
Kirloskar Oil Engines Discloses 2009 Family Settlement Deed Following SEBI Clarification
Kirloskar Oil Engines Limited (KOEL) has disclosed a 2009 Deed of Family Settlement (DFS) involving Kirloskar family members after obtaining legal clarification from SEBI through the Bombay High Court. KOEL emphasized it's not a party to the settlement, hasn't ratified it, and the deed doesn't impose restrictions or create liabilities for the company. The settlement involved share distribution among five family members across Kirloskar Group companies. SEBI clarified that disclosure doesn't imply company's admission of the agreement's impact on management or control.
25Sept 25
Kirloskar Oil Engines Faces Rs 18.7 Crore GST Demand, Receives Show Cause Notice
Kirloskar Oil Engines Limited (KOEL) has received a show cause notice from Maharashtra's tax authorities for an Input Tax Credit mismatch in FY 2021-22. The notice proposes a total demand of Rs 18.7 crore, including tax, penalty, and interest. KOEL states it doesn't anticipate any material impact on its operations. The company has informed stock exchanges as per SEBI regulations. Separately, KOEL allotted 25,651 equity shares under its employee stock option plan.
19Sept 25
Kirloskar Oil Engines Faces ₹8 Crore GST Notice for HSN Misclassification
Kirloskar Oil Engines Limited (KOEL) has received a Show Cause Notice from the Office of Deputy Commissioner of State Tax, Pune, Maharashtra, alleging misclassification in outward supply due to incorrect HSN codes under GST regulations. The notice, dated September 19, 2025, demands a total of ₹8.02 crore, including penalties, interest, and tax. KOEL states it does not anticipate any material impact on its financial operations or activities. The company has disclosed this information to stock exchanges in compliance with SEBI regulations and continues its regular business operations, including holding virtual meetings with Morgan Stanley Research and Aikya Investment Management.
05Sept 25
Kirloskar Oil Engines Reports 60% Surge in Q1 Net Profit, Revenue Up 33%
Kirloskar Oil Engines Limited reported strong financial results for Q1 FY2024. Standalone net profit increased by 60% year-over-year to ₹103.24 crore, while revenue from operations grew 33% to ₹1,264.70 crore. Consolidated net profit rose to ₹125.53 crore, with revenue reaching ₹1,543.37 crore. The company invested ₹36.05 crore in its subsidiary Arka Financial Holdings Private Limited and allotted 93,657 equity shares under its employee stock option plan. Independent Director Mr. Sunil Shah Singh's term will conclude on September 12, 2023.
12Aug 25
Kirloskar Oil Engines Reports Record Q1 Sales, Power Generation Segment Drives Growth
Kirloskar Oil Engines Limited (KOEL) achieved record-breaking Q1 net sales of Rs 1,434.00 crores, an 8% year-on-year increase. The power generation segment led growth with its highest ever Q1 sales at Rs 609.00 crores, up 15% YoY. Consolidated revenue reached Rs 1,751.00 crores, EBITDA stood at Rs 190.00 crores with a 13.2% margin, and net profit from continuing operations was Rs 134.00 crores. Export sales grew 21% to Rs 136.00 crores. KOEL launched new products, secured strategic defense projects, and divested its Optiqua business. Management remains optimistic about sustained domestic demand and growth prospects.
08Aug 25
Kirloskar Oil Engines Shareholders Approve Gauri Kirloskar's Re-appointment as Managing Director
Kirloskar Oil Engines Limited (KOEL) shareholders approved the re-appointment of Ms. Gauri Kirloskar as Whole Time Director and Managing Director for a three-year term starting May 20, 2025. The decision, made at the Annual General Meeting on August 7, 2025, passed with 99.60% votes in favor. Ms. Kirloskar will also continue as a Key Managerial Personnel. The AGM also approved financial statements, declared dividends, and ratified cost auditors' remuneration.
06Aug 25
Kirloskar Oil Engines Reports Strong Q1 Performance Amid Auditor Change at Subsidiary
Kirloskar Oil Engines Limited (KOEL) achieved its highest-ever Q1 standalone net sales of ₹1,434.00 crore, an 8% year-over-year increase. Consolidated revenue rose to ₹1,763.80 crore, up 8% from the previous year. The company's material subsidiary, Arka Financial Holdings Private Limited (AFHPL), is changing auditors due to RBI guidelines. KOEL's business segments showed strong performance, with B2B revenue at ₹1,276.32 crore, B2C at ₹291.78 crore, and Financial Services at ₹195.70 crore. The company also incorporated a new subsidiary in UAE and approved investment in its US subsidiary.
06Aug 25
Kirloskar Oil Engines Reports Record Q1 Sales Amid Mixed Financial Results
Kirloskar Oil Engines Limited (KOEL) achieved its highest-ever Q1 standalone net sales of ₹1,434.00 crore, an 8% year-on-year increase. Standalone revenue from operations rose to ₹1,444.65 crore, with EBITDA increasing by 9% to ₹190.00 crore. Net profit saw a 5% increase to ₹123.00 crore. Consolidated revenue grew 8% to ₹1,763.80 crore, though net profit decreased to ₹138.92 crore. The company's B2B segment generated the highest revenue at ₹1,276.32 crore. KOEL incorporated a new subsidiary in UAE and granted employee stock options. The company's managing director, Gauri Kirloskar, expressed satisfaction with progress in engineering and product development.
14May 25
Kirloskar Oil Engines Reports Q4 Results: Profit Dips, Revenue Rises
Kirloskar Oil Engines released its Q4 financial results, showing a 5.4% increase in revenue to ₹17.50 billion, but a 12.8% decrease in net profit to ₹1.30 billion. EBITDA rose to ₹3.13 billion, while EBITDA margin contracted to 17.86%. The company announced a dividend of ₹4.00 per equity share.
03Apr 25
Kirloskar Oil Engines Secures ₹270 Crore Order from Indian Navy for Marine Diesel Engine Development
Kirloskar Oil Engines Limited (KOEL) has won a ₹270 crore order from the Indian Navy to design and develop a 6MW Medium Speed Marine Diesel Engine. The project, under the Make-I scheme, aims to create a scalable engine platform from 3MW to 10MW for naval vessels. The contract spans 36 months with 70% government funding and requires over 50% indigenous content in the prototype. This order marks a significant step towards reducing India's dependence on imported marine engines and aligns with the country's self-reliance goals in defense manufacturing.
02Apr 25
Kirloskar Oil Engines Secures ₹270 Crore Order from Indian Navy for Marine Diesel Engine Development
Kirloskar Oil Engines Limited (KOEL) has received a ₹270 crore order from the Indian Navy to design and develop a 6MW Medium Speed Marine Diesel Engine, scalable from 3 MW to 10 MW. The project, under the Make-I scheme, aims to support India's defense indigenization efforts. KOEL will develop a prototype with over 50% indigenous content within 36 months. The government will fund 70% of the project cost, with KOEL investing the remaining 30%. This engine will serve for main propulsion and power generation on Indian Navy and Coast Guard ships, reducing dependence on imports.
Kirloskar Oil Engines
1,085.20
-28.40
(-2.55%)
1 Year Returns:-2.64%
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