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    Kirloskar Oil Engines Limited

    Kirloskar Oil Engines (KOEL) makes diesel/gas engines, gensets, pumps and farm machinery across 5 plants in India.

    Capital Goods
    Industrials
    View KIRLOSENG earnings calls
    ₹1,991.5
    +15.81% from avg

    Overview

    Price

    ₹1,991.5

    Market Cap

    ₹33.2k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital2929292929292929
    Reserves1.7k1.9k2.1k2.3k2.6k3.1k3.3k3.6k
    Borrowings1898492.0k3.2k4.1k5.8k5.5k5.4k
    Other Liabilities8251.0k9751.2k1.4k1.6k1.8k1.9k
    Total Liabilities2.8k3.8k5.0k6.7k8.3k10.5k10.7k10.8k
    AssetsFixed Assets6236987216897691.2k1.2k1.3k
    CWIP7855436929398110149
    Investments433834738658489601467440
    Other Assets1.6k2.2k3.5k5.3k6.7k8.6k8.8k8.9k
    Total Assets2.8k3.8k5.0k6.7k8.3k10.5k10.7k10.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating192-124-16-1.0k-920-469-739932
    Cash from Investing-38233-465-3-145-109-522-320
    Cash from Financing-153-435999501.2k8001.5k-589
    SummaryCapital Expenditure
    Free Cash Flow139-206-120-1.2k-1.1k-846-996595
    FCF Margin

    Valuation

    Assumptions

    Current — KIRLOSENG
    Price
    ₹1,992
    EPS (TTM)
    ₹37.45
    PE (TTM)
    53.2
    Profit growth
    17.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (29.4×) and current (53.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,992
    vs
    Fair value · 15% return
    ₹1,063
    47%Overvalued

    At 17.1% growth and a 29× exit, ₹1992 only delivers your return if you pay ₹1,063. The price is currently baking in 31% growth.

    EPS grows 17.1%/yr for 5 years, then fades to 6% over 2, exits at 29×.

    YearGrowthEPS (₹)
    FY2717.1%43.85
    FY2817.1%51.35
    FY2917.1%60.13
    FY3017.1%70.42
    FY3117.1%82.46
    FY3211.6% ·fade91.98
    FY336.0% ·fade97.50

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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