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    Kirloskar Industries Limited

    Core Investment Company holding stakes in Kirloskar Group firms, plus real estate arm Avante Spaces.

    Capital Goods
    Industrials
    ₹3,749.8
    +17.43% from avg

    Overview

    Price

    ₹3,749.8

    Market Cap

    ₹4.0k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101010101011
    Reserves1.0k1.7k2.3k3.2k5.0k6.3k6.9k6.2k
    Borrowings3233051.2k9791.2k1.3k1.3k1.1k
    Other Liabilities9541.1k3.2k3.3k3.5k4.1k4.2k4.3k
    Total Liabilities2.3k3.2k6.8k7.5k9.8k11.7k12.3k11.7k
    AssetsFixed Assets8971.1k2.8k3.1k3.3k3.6k3.6k3.7k
    CWIP144243418423768653641753
    Investments5411.1k1.2k1.6k3.4k4.7k5.3k4.4k
    Other Assets7288282.4k2.4k2.3k2.7k2.8k2.9k
    Total Assets2.3k3.2k6.8k7.5k9.8k11.7k12.3k11.7k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating112185256317760576600871
    Cash from Investing-108-258-194-211-369-600-537-471
    Cash from Financing-4108-56-56-397-5-70-355
    SummaryCapital Expenditure
    Free Cash Flow-52-13436-1113458496421
    FCF Margin

    Valuation

    Assumptions

    Current — KIRLOSIND
    Price
    ₹3,750
    EPS (TTM)
    ₹139.14
    PE (TTM)
    26.9
    Profit growth
    -11.5%

    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 (20.6×) and current (26.9×) 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
    ₹3,750
    vs
    Fair value · 15% return
    ₹615
    84%Overvalued

    At -11.5% growth and a 21× exit, ₹3750 only delivers your return if you pay ₹615. The price is currently baking in 23% growth.

    EPS grows -11.5%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY27-11.5%123.14
    FY28-11.5%108.98
    FY29-11.5%96.45
    FY30-11.5%85.35
    FY31-11.5%75.54
    FY32-2.8% ·fade73.46
    FY336.0% ·fade77.87

    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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