KIRLOSIND
Kirloskar Industries share price & financials
- Price
- ₹3,749.8
- Market cap
- ₹4.0k Cr
- Sector
- Capital Goods
What Kirloskar Industries Limited does
Kirloskar Industries Limited (KIL), established in 1978, operates as an unregistered Core Investment Company (CIC) whose core business is holding and actively managing long-term strategic stakes in Kirloskar Group companies, earning primarily through dividend and interest income from these investments. It is the holding company of Kirloskar Ferrous Industries Limited (KFIL, pig iron, iron castings, steel and seamless tubes) and also holds equity stakes in Kirloskar Brothers Limited, Kirloskar Pneumatic Company Limited and Kirloskar Oil Engines Limited. Through its wholly-owned subsidiary Avante Spaces Limited, KIL has diversified into commercial real estate development, and it separately generates and sells wind power to third-party consumers via the Maharashtra State Electricity Distribution Company Limited (MSEDCL).
Segments
- Investment Holding (Core Investment Company)
- Real Estate Development
- Wind Power Generation
- Business model
- Unregistered Core Investment Company (CIC) that holds long-term strategic investments in Kirloskar Group companies
- Holding company of
- Kirloskar Ferrous Industries Limited (KFIL) — pig iron, iron castings, steel and seamless tubes
- Real estate subsidiary
- Avante Spaces Limited, a wholly-owned (100%) subsidiary
- Real estate area developed / under development
- ~1.9 million sq. ft, via Avante Spaces Limited
- Flagship real estate project
- One Avante — approximately 1.8 lakh sq. ft, IGBC Platinum-rated, delivered and occupied; houses all Kirloskar Group companies under one roof
- Second real estate project (Kothrud, Pune)
- Approximately 15.6 lakh sq. ft of leasable area under development
Quarterly results
Q1 FY27: revenue up 4.4%, net profit down 65.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43 | 9 | 37 | 1,698 | 50 +16% | 10 +11% | 1,817 +4811% | 1,772 +4% |
| EBITDA | 36 | 3 | 34 | 217 | 44 +22% | 5 +67% | 225 +562% | 216 −0% |
| Net profit | 35 | 7 | 31 | 235 | 40 +14% | 6 −14% | 126 +306% | 82 −65% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +2.1% 1Y
1Y: ₹3,750.7 on 10 Sept 2025 → ₹3,828.3. High ₹4,313.4 (22 Jun 2026), low ₹2,472.4 (30 Mar 2026).
Financials, as filed
Revenue fell 17.9% a year over 3 years, FY23 to FY26. Operating margin held at 13.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹6.5k Cr | ₹91 Cr | ₹96 Cr | ₹3.6k Cr |
| Operating profit | ₹860 Cr | ₹64 Cr | ₹73 Cr | ₹491 Cr |
| Operating margin | 13.3% | 70.3% | 76.0% | 13.7% |
| Interest | ₹97 Cr | ₹0 Cr | ₹0 Cr | ₹64 Cr |
| Depreciation | ₹176 Cr | ₹3 Cr | ₹4 Cr | ₹135 Cr |
| Net profit | ₹460 Cr | ₹74 Cr | ₹79 Cr | ₹407 Cr |
| Net margin | 7.1% | 81.3% | 82.3% | 11.4% |
| Cash from operations | ₹-66 Cr | ₹-36 Cr | ₹-40 Cr | ₹-41 Cr |
| Free cash flow | ₹-66 Cr | ₹-37 Cr | ₹-40 Cr | ₹-42 Cr |
| ROCE | 5.0% | 3.0% | 2.0% | 2.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹11 Cr |
| Reserves | ₹1.4k Cr | ₹1.6k Cr | ₹2.2k Cr | ₹3.9k Cr | ₹6.9k Cr | ₹4.9k Cr |
| Borrowings | ₹13 Cr | ₹11 Cr | ₹12 Cr | ₹13 Cr | ₹1.3k Cr | ₹7 Cr |
| Other liabilities | ₹12 Cr | ₹16 Cr | ₹51 Cr | ₹264 Cr | ₹4.2k Cr | ₹488 Cr |
| Total liabilities | ₹1.4k Cr | ₹1.6k Cr | ₹2.3k Cr | ₹4.1k Cr | ₹12.3k Cr | ₹5.4k Cr |
| Fixed assets | ₹38 Cr | ₹39 Cr | ₹34 Cr | ₹35 Cr | ₹3.6k Cr | ₹11 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹641 Cr | ₹0 Cr |
| Investments | ₹1.2k Cr | ₹1.4k Cr | ₹1.9k Cr | ₹3.8k Cr | ₹5.3k Cr | ₹4.9k Cr |
| Other assets | ₹158 Cr | ₹198 Cr | ₹365 Cr | ₹267 Cr | ₹2.8k Cr | ₹505 Cr |
| Total assets | ₹1.4k Cr | ₹1.6k Cr | ₹2.3k Cr | ₹4.1k Cr | ₹12.3k Cr | ₹5.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.72 pp while promoters trimmed −0.66 pp.
- Promoters
- 71.9%
- FIIs
- 0.5%
- DIIs
- 1.9%
- Public
- 25.8%
Since Jun 2025
- Public +0.72 pp
- Promoters −0.66 pp
- FIIs −0.05 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.8%, FIIs 0.7%, DIIs 1.9%, Public 25.6%.Dec '23: Promoters 71.8%, FIIs 0.7%, DIIs 1.9%, Public 25.6%.Mar '24: Promoters 71.5%, FIIs 0.6%, DIIs 1.9%, Public 26.0%.Jun '24: Promoters 71.4%, FIIs 0.7%, DIIs 1.9%, Public 25.9%.Sep '24: Promoters 71.3%, FIIs 0.7%, DIIs 1.9%, Public 26.0%.Dec '24: Promoters 72.6%, FIIs 0.6%, DIIs 1.9%, Public 25.0%.Mar '25: Promoters 72.6%, FIIs 0.6%, DIIs 1.9%, Public 25.0%.Jun '25: Promoters 72.5%, FIIs 0.5%, DIIs 1.9%, Public 25.0%.Sep '25: Promoters 72.5%, FIIs 0.5%, DIIs 1.9%, Public 25.0%.Dec '25: Promoters 71.9%, FIIs 0.5%, DIIs 1.9%, Public 25.7%.Mar '26: Promoters 71.9%, FIIs 0.5%, DIIs 1.9%, Public 25.7%.Jun '26: Promoters 71.9%, FIIs 0.5%, DIIs 1.9%, Public 25.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Kirloskar Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rahul Chandrakant Kirloskar | 17.60% | unchanged |
| Atul Kirloskar | 14.38% | unchanged |
| Jyotsna Gautam Kulkarni | 11.21% | unchanged |
| Alpana Rahul Kirloskar | 6.75% | unchanged |
| Ambar Gautam Kulkarni | 5.61% | unchanged |
| Nihal Gautam Kulkarni | 5.61% | unchanged |
| Gauri Atul Kirloskar | 5.02% | unchanged |
| Arti Atul Kirloskar | 3.41% | unchanged |
| Mahesh Ramchand Chhabria | 1.93% | unchanged |
| Aditi Atul Kirloskar | 1.67% | unchanged |
| One Up Financial Consultants Pvt Ltd | 1.14% | unchanged |
| The New India Assurance Company Limited Insurer | 1.07% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Kirloskar Industries Limited
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