Kirloskar Oil Engines logo

Kirloskar Oil Engines share price

NSE: KIRLOSENGBSE: 533293Industrial ProductsSmall Cap

Kirloskar Oil Engines Limited · Face value ₹2 · Listed Dec 2010
Last close ₹1,911.30up ₹22.90 (1.21%)BSE ₹1,910.15

Share price at the NSE close on 28 Oct 2026. Previous close ₹1,888.40.

28 Oct: open ₹1,888.40, high ₹1,950.90, low ₹1,867.30

52-week range of traded prices to 28 Oct 2026
₹933.20Low, 11 Nov 2025₹2,720.00High, 23 Jun 2026
Market cap
₹27,813 Cr323rd largest listed
P/E
51.55
P/B
7.68
Dividend yield
0.37%
ROE
16.1%
ROCE
13.6%
Debt to equity
1.49
Volume, NSE
2,62,54945.6% delivered

Kirloskar Oil Engines share price chart

Daily closes since Dec 2010, adjusted for splits and bonuses

+90.0%over a year · Nifty 500 −8.8%

ResultsDividend20-session average 6,98,610 shares a day, 41.4% delivered

About Kirloskar Oil Engines

Kirloskar Oil Engines Limited, a Kirloskar Group company based in Pune, makes diesel and gas engines and generator sets (gensets) for power generation and industrial use, serving sectors such as construction, railways, marine, defence and agriculture.123 It sells in India and in selected countries in North America, Europe, South America, Asia and Africa, and through subsidiaries it makes water pumps and lends money.456

Its business is organised as Power and Energy (Powergen gensets, industrial engines, spares and service, new energy products and exports), Fluid Dynamics (engine-driven, electric and industrial pumps) and financial services through the Arka group.7 Its gensets are sold under the Kirloskar Powergen name, with ranges such as Optiprime, Sentinel and hybrid sets; its pumps carry the Varuna Electric and KOEL Electric brands, and its after-sales service runs as Kirloskar CARE.289

The company traces its engine business to 1946, when an engines company was set up to make diesel engines.10 It was incorporated in 2009.3 It has owned all of KOEL Fluid Dynamics since 26 Sep 2022 and moved its own pump business into that subsidiary from 11 Oct 2025.1112 It holds 51% of Wildcat Power Gen in the United States through Kirloskar Americas Corporation.1310 It set up Kirloskar Advanced Systems for defence and railways work on 30 Mar 2026.1412

As of the annual report of 13 Jul 2026, its chairman, Rahul C. Kirloskar, held 12.24% of its shares, and Gauri Kirloskar is Vice Chairperson and Managing Director.1516

Kirloskar Oil Engines key points

Results

  • In the quarter to Jun 2026, consolidated revenue from operations was ₹2,000 crore, up 13% from ₹1,762 crore, while net profit from continuing operations fell 17% to ₹111 crore from ₹134 crore.1718
  • On a standalone basis, sales rose 16% to ₹1,461 crore in the quarter to Jun 2026, while EBITDA (earnings before interest, tax, depreciation and amortisation) fell 4% to ₹165 crore, a margin of 11.2% against 13.5%.19
  • In the year to Mar 2026, consolidated revenue from continuing operations was ₹7,701.01 crore, against ₹6,329.14 crore a year earlier, and profit after tax from continuing operations was ₹557.72 crore, against ₹473.56 crore.20
  • On a standalone basis, sales from continuing operations rose 25.05% to ₹5,603.85 crore in the year to Mar 2026, EBITDA was ₹737 crore, and profit after tax rose 13.26% to ₹441.50 crore.2122

Market position

  • The company put its Powergen (genset) business's market share at 28% in the year to Mar 2026, on Powergen sales of ₹2,598 crore.23

Business segments

  • Power and Energy (B2B). In the quarter to Jun 2026, consolidated segment revenue was ₹1,488 crore, up 17%, and segment profit before interest and tax was ₹115 crore, down 18%.2425
  • Standalone sales by business, quarter to Jun 20262627
    Itemquarter to Jun 2026
    Powergen₹720 crore, up 18%
    Industrial₹368 crore, up 19%
    Distribution and aftermarket₹268 crore, up 20%
    International₹106 crore, down 11%
    The company said its marine segment grew 125% and its railways segment 62% in the quarter to Jun 2026.
  • Fluid Dynamics (B2C, pumps). Segment revenue was ₹301 crore in the quarter to Jun 2026, up 3%, with segment profit before interest and tax of ₹26 crore, down 7%.28
  • Financial services (Arka). Arka's revenue was ₹210 crore in the quarter to Jun 2026, up 9%; its assets under management (loans it manages, including those held off its balance sheet) were ₹7,651 crore.2930

Where revenue comes from

  • Gross international revenue crossed ₹1,000 crore in the year to Mar 2026, with the group's international business up 37%; the Middle East and North Africa is its largest international region.31
  • Exports were 9.94% of standalone turnover in the year to Mar 2026, and the company's products were sold in almost 60 countries that year.3233

Plants and capacity

  • Kagal. Spread over 163 acres, Kagal makes nearly 70% of the Power and Energy segment's output, builds engines of up to 2,100 hp and has capacity for more than 1.3 million engine builds.34
  • Nashik. The 40,000 sq ft Nashik plant makes large engines of up to 11,000 bhp, mainly for defence and marine uses, and is certified by the Nuclear Power Corporation of India.35
  • Sanand and Rajkot plants (KOEL Fluid Dynamics). Sanand's capacity was raised from 3 to 10 pumps a minute during the year to Mar 2026; Rajkot, making engines of up to 28 hp, supplied over 70,000 engines.3637

Large orders

  • In its annual report of 13 Jul 2026, the company said it was executing an order for 10 units of 6.3 MW gensets for the Kudankulam nuclear project; the order brought no revenue in the quarter to Jun 2026.383940
  • On its earnings call of 7 Aug 2026, the company said its first hyperscale data-centre order, about 192 megawatts, covers gensets, with revenue expected in the year to Mar 2027, plus operation and maintenance for at least 5 to 6 years.4142

Expansion and capital spending

  • The company stated in its annual report for the year to Mar 2026 that phase 1 of its Kagal expansion, costing ₹700 crore, adds capacity for 50,000 engines and is expected to be operational by April 2027.43
  • The company stated in its annual report for the year to Mar 2026 that phase 2 at Kagal, costing ₹1,400 crore over 2 years, adds capacity for 20,000 high-horsepower and specialised engines in a new building.44
  • Kirloskar Oil Engines spent ₹320 crore on capital expenditure in the year to Mar 2026.45
  • On 11 Feb 2026, the company announced that its UAE subsidiary would acquire all of Kirloskar Trading SA (PTY) Limited to expand in Africa.46

What the company expects

  • On its earnings call of 7 Aug 2026, the company said it aims to be a $2 billion revenue company by the year to Mar 2030 and to improve its margin from current levels.47
  • On its earnings call of 7 Aug 2026, the company said conflict in West Asia had held up some order fulfilment in the Middle East, and that 3 to 6 months was a reasonable assumption for this to normalise.4849
  • The company stated in its annual report for the year to Mar 2026 that KOEL Fluid Dynamics targets revenue of ₹4,000 crore under its Vision 2030 plan.50

Last updated

All 50 sources, each with its page
  1. 1. Annual report, 13 Jul 2026, page 11
  2. 2. Annual report, 13 Jul 2026, page 17
  3. 3. Annual report, 13 Jul 2026, page 106
  4. 4. Annual report, 13 Jul 2026, page 107
  5. 5. Annual report, 13 Jul 2026, page 89
  6. 6. Annual report, 13 Jul 2026, page 70
  7. 7. Annual report, 13 Jul 2026, page 86
  8. 8. Annual report, 13 Jul 2026, page 90
  9. 9. Annual report, 13 Jul 2026, page 87
  10. 10. Annual report, 13 Jul 2026, page 14
  11. 11. Investor presentation, 6 Aug 2026, page 4
  12. 12. Annual report, 13 Jul 2026, page 68
  13. 13. Investor presentation, 6 Aug 2026, page 4
  14. 14. Annual report, 13 Jul 2026, page 85
  15. 15. Annual report, 13 Jul 2026, page 66
  16. 16. Annual report, 13 Jul 2026, page 19
  17. 17. Earnings call, 7 Aug 2026, page 6
  18. 18. Earnings call, 7 Aug 2026, page 7
  19. 19. Earnings call, 7 Aug 2026, page 6
  20. 20. Annual report, 13 Jul 2026, page 69
  21. 21. Annual report, 13 Jul 2026, page 68
  22. 22. Annual report, 13 Jul 2026, page 41
  23. 23. Annual report, 13 Jul 2026, page 86
  24. 24. Earnings call, 7 Aug 2026, page 7
  25. 25. Investor presentation, 6 Aug 2026, page 6
  26. 26. Earnings call, 7 Aug 2026, page 6
  27. 27. Earnings call, 7 Aug 2026, page 4
  28. 28. Earnings call, 7 Aug 2026, page 7
  29. 29. Earnings call, 7 Aug 2026, page 5
  30. 30. Investor presentation, 6 Aug 2026, page 10
  31. 31. Annual report, 13 Jul 2026, page 20
  32. 32. Annual report, 13 Jul 2026, page 107
  33. 33. Annual report, 13 Jul 2026, page 89
  34. 34. Annual report, 13 Jul 2026, page 46
  35. 35. Annual report, 13 Jul 2026, page 46
  36. 36. Annual report, 13 Jul 2026, page 90
  37. 37. Annual report, 13 Jul 2026, page 46
  38. 38. Annual report, 13 Jul 2026, page 19
  39. 39. Annual report, 13 Jul 2026, page 87
  40. 40. Earnings call, 7 Aug 2026, page 9
  41. 41. Earnings call, 7 Aug 2026, page 7
  42. 42. Earnings call, 7 Aug 2026, page 15
  43. 43. Annual report, 13 Jul 2026, page 47
  44. 44. Annual report, 13 Jul 2026, page 47
  45. 45. Annual report, 13 Jul 2026, page 47
  46. 46. Annual report, 13 Jul 2026, page 82
  47. 47. Earnings call, 7 Aug 2026, page 12
  48. 48. Earnings call, 7 Aug 2026, page 9
  49. 49. Earnings call, 7 Aug 2026, page 10
  50. 50. Annual report, 13 Jul 2026, page 90

Results

Consolidated; ₹ crore.Kirloskar Oil Engines quarterly results

Revenue growth, 12 months
+22.7%
Net profit growth, 12 months
+14.4%

Quarter to Jun 2026, against the quarter before

Revenue
₹2,000 Crdown 5.51%
Net profit
₹111 Crdown 28.45%
Net margin
5.6%

Revenue by quarter

₹1,500 CrSep 24₹1,454 CrDec 24₹1,753 CrMar 25₹1,764 CrJun 25₹1,948 CrSep 25₹1,873 CrDec 25₹2,116 CrMar 26₹2,000 CrJun 26
Peak revenue ₹2,116 Cr, quarter to Mar 2026; lowest ₹1,454 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹125 CrSep 24₹68 CrDec 24₹127 CrMar 25₹139 CrJun 25₹159 CrSep 25₹109 CrDec 25₹155 CrMar 26₹111 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,5001,4541,7531,7641,9481,8732,1162,000
Net profit12568127139159109155111
Net margin8.3%4.7%7.2%7.9%8.2%5.8%7.3%5.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • B2B₹5,686 Crup 26.89%73.8%
  • B2C₹1,139 Crup 4.67%14.8%
  • Financial services₹877 Crup 12.33%11.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Kirloskar Oil Engines PE ratio and valuation

Price to earnings

At or below today's level on 97% of 2,478 trading days over the last 10 years.

LowestHighest
Its median19.45Industry median34.68
Price to book

At or below today's level on 95% of 1,983 trading days since Oct 2018.

LowestHighest
Its median1.97Industry median4.71
Dividend yield

At or below today's level on 8% of 2,478 trading days over the last 10 years.

LowestHighest
Its median1.36%Industry median0.60%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+85.2%+14.9%+60.7%0.5%
3 years+50.4%+19.0%+25.8%0.7%
5 years+53.3%+23.5%+23.1%1.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Kirloskar Oil Engines shareholding pattern

Shareholding by group

  • Promoters41.03%
  • Foreign institutions11.06%
  • Indian institutions27.03%
  • Individuals and others20.88%
Holder
Rahul Chandrakant Kirloskar as individual, as a Karta of Rahul C. Kirloskar HUF and as a Trustee of C. S. Kirloskar Testamentary TrustPromoter12.22%
Atul Chandrakant Kirloskar as individual, as a Trustee of C.S. Kirloskar Testamentary Trust and as a Karta of Atul C. Kirloskar HUFPromoter10.08%
Kirloskar Industries LimitedPromoter5.64%
Alpana Rahul KirloskarPromoter5.35%
Gauri KirloskarPromoter3.95%
Arti Atul KirloskarPromoter2.22%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.04 pts, foreign institutions −0.27 pts, Indian institutions +1.03 pts, mutual funds +0.23 pts.

Mutual fund holdings

185 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 50 of the 89 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 185 funds holding Kirloskar Oil Engines

Bought for the first time
18
Bought again
1
Added
45
Cut
44
Held unchanged
76
Sold out
3
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Kirloskar Oil Engines insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 2 salesNo purchase₹4.23 CrNet−₹4.23 Cr
  • Employees0 purchases, 1 saleNo purchase₹0.15 CrNet−₹0.15 Cr
  • Others2 purchases, 2 sales₹0.56 Cr₹0.56 CrNet₹0.00 Cr5 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Kirloskar Oil Engines competitors and peers

Compressors Pumps & Diesel Engines, 16 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Kirloskar Oil Engines in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Cummins India logoCummins IndiaCUMMINSIND1,28,06654.1015.11+15.3%+10.6%29.5%28.1%1.43%
Elgi Equipments logoElgi EquipmentsELGIEQUIP16,28036.357.29+15.9%+23.4%21.9%19.8%0.53%
Kirloskar Brothers logoKirloskar BrothersKIRLOSBROS12,41633.014.83+10.8%–15.7%16.3%0.45%
Ingersoll Rand (India) logoIngersoll Rand (India)INGERRAND12,22245.6919.85+8.3%+1.1%43.7%54.1%1.94%
Ksb logoKsbKSB11,35046.236.69+4.6%−4.4%15.2%16.9%0.67%
Kirloskar Pneumatic Company logoKirloskar Pneumatic CompanyKIRLPNU7,05627.205.47+9.1%+38.8%21.4%24.6%1.11%
Shakti Pumps (India) logoShakti Pumps (India)SHAKTIPUMP4,49728.082.52+15.8%−60.1%9.4%9.5%0.27%
Greaves Cotton logoGreaves CottonGREAVESCOT4,21942.272.95+21.2%+23.0%7.0%7.0%1.10%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Kirloskar Oil Engines dividend history

Dividend per share, ₹, restated for later splits and bonuses

5Mar 175Mar 185Mar 194Mar 204Mar 214Mar 225Mar 236Mar 246.5Mar 257Mar 26
Highest ₹7.00 a share, year to Mar 2026.
Ex-dateTypePer share
31 Jul 2026Final₹4.50
20 Feb 2026Interim₹2.50
31 Jul 2025Final₹4.00
21 Feb 2025Interim₹2.50
1 Aug 2024Final₹3.50
23 Feb 2024Interim₹2.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Kirloskar Oil Engines announcements

Kirloskar Oil Engines share price by year

Each calendar year to 2025.Kirloskar Oil Engines share price history

YearClose at year endChangeHighest closeLowest close
20251,218.80+18.7%1,311.90576.10
20241,027.15+56.7%1,418.95657.35
2023655.45+103.2%669.50294.05
2022322.60+74.7%356.85123.50
2021184.65+45.5%268.40122.60
2020126.95−12.4%155.6580.40
2019144.90−29.5%204.95144.30
2018205.55−46.0%410.30186.60
2017380.55+17.1%416.30322.15
2016324.90+30.3%357.05203.80
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20261,838.201,917.001,828.401,888.401,889.904,36,13053.0%
26 Oct 20261,775.801,835.001,754.201,819.401,811.884,26,47351.2%
23 Oct 20261,859.401,869.001,775.001,784.701,799.734,57,94854.4%
22 Oct 20261,908.701,908.701,857.001,869.001,874.322,97,23157.2%
21 Oct 20261,970.001,975.001,896.001,908.701,918.802,89,14444.7%
19 Oct 20262,019.002,019.001,962.101,973.201,986.302,82,59637.8%
16 Oct 20262,075.002,079.702,015.002,025.602,039.542,98,94843.6%
15 Oct 20262,158.002,164.902,032.002,066.302,082.465,54,03748.7%
14 Oct 20262,214.502,229.402,135.002,148.302,169.262,40,84040.5%
Prices in ₹ per share as traded, not adjusted.

Company details