Kirloskar Oil Engines (KIRLOSENG) Q4 25/26 earnings summary

Executive summary

• Achieved record consolidated and standalone revenues in FY26, with strong growth across B2B, B2C, and Financial Services segments.

• Standalone and consolidated PAT grew significantly year-over-year, with improved margins and operational efficiency.

• Sold over 1 million pumps and crossed INR 1,000 crore in international gross sales.

• Strategic reorganization: B2C business transferred to KFD, with no impact on consolidated results.

• Board approved audited financial results for FY26 with unmodified audit opinions; final dividend of ₹4.50 per share recommended.

Financial highlights

• Standalone FY26 net sales: INR 5,646.83 crore (+25% YoY); EBITDA: INR 737.3 crore (+24% YoY); EBITDA margin: 13.1%.

• Standalone net profit for FY26: INR 464 crore (+35% YoY); consolidated net profit: INR 562.46 crore (+18% YoY).

• Q4 standalone net sales: INR 1,522 crore (+24% YoY); Q4 consolidated revenue: INR 2,116 crore (+21% YoY).

• Standalone EPS for FY26: ₹31.73; consolidated EPS: ₹39.53.

• Net cash position at INR 552 crore as of Q4 FY26.

Outlook and guidance

• Targeting to become a $2 billion company by FY 2030, focusing on industrial and aftermarket segments.

• Operating leverage expected to improve with new capacity; margin gains anticipated from FY 2027.

• Continued focus on secured granular retail business in financial services and last-mile B2C sales.

• Company will evaluate impact of new Labour Codes and account for further implications.

• Committed to sustainable growth, long-term profitability, and resilience.