BSE:500241

Stock Analysis Report

Executive Summary

Kirloskar Brothers Limited provides fluid management solutions in India and internationally.

Snowflake

Fundamentals

Imperfect balance sheet not a dividend payer.


Similar Companies

Share Price & News

How has Kirloskar Brothers's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.9%

500241

2.5%

IN Machinery

2.4%

IN Market


1 Year Return

-26.5%

500241

-7.9%

IN Machinery

8.0%

IN Market

Return vs Industry: 500241 underperformed the Indian Machinery industry which returned -7.9% over the past year.

Return vs Market: 500241 underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

500241IndustryMarket
7 Day7.9%2.5%2.4%
30 Day-4.0%1.5%2.5%
90 Day-9.6%-0.3%3.6%
1 Year-25.4%-26.5%-6.3%-7.9%10.3%8.0%
3 Year-9.9%-12.2%-1.3%-5.1%22.3%16.0%
5 Year-40.9%-42.8%39.4%31.5%42.8%29.3%

Price Volatility Vs. Market

How volatile is Kirloskar Brothers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kirloskar Brothers undervalued compared to its fair value and its price relative to the market?

1.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 500241 (₹152.55) is trading above our estimate of fair value (₹30.63)

Significantly Below Fair Value: 500241 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500241 is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: 500241 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500241's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500241 is overvalued based on its PB Ratio (1.3x) compared to the IN Machinery industry average (1.2x).


Next Steps

Future Growth

How is Kirloskar Brothers forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

102.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500241 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 500241 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 500241 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 500241's revenue (4.7% per year) is forecast to grow slower than the Indian market (11.3% per year).

High Growth Revenue: 500241's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 500241's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kirloskar Brothers performed over the past 5 years?

-1.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 500241 is unprofitable, and losses have increased over the past 5 years at a rate of -1.1% per year.

Accelerating Growth: Unable to compare 500241's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500241 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (13.2%).


Return on Equity

High ROE: 500241 has a negative Return on Equity (-0.86%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 500241 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 500241 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Kirloskar Brothers's financial position?


Financial Position Analysis

Short Term Liabilities: 500241's short term assets (₹19.4B) exceeds its short term liabilities (₹16.2B)

Long Term Liabilities: 500241's short term assets (19.4B) exceeds its long term liabilities (1.3B)


Debt to Equity History and Analysis

Debt Level: 500241's debt to equity ratio (41.6%) is considered high

Reducing Debt: 500241's debt to equity ratio has increased from 29.3% to 41.6% over the past 5 years.

Debt Coverage: 500241's debt is not well covered by operating cash flow (16.3%).

Interest Coverage: 500241 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: 500241 has a high level of physical assets or inventory.

Debt Coverage by Assets: 500241's debt is covered by short term assets (assets are 5.097470x debt).


Next Steps

Dividend

What is Kirloskar Brothers's current dividend yield, its reliability and sustainability?

1.64%

Current Dividend Yield


Dividend Yield vs Market

company1.6%marketbottom25%0.6%markettop25%2.4%industryaverage1.6%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 500241's dividend (1.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 500241's dividend (1.64%) is low compared to the top 25% of dividend payers in the Indian market (2.41%).

Stable Dividend: 500241's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500241's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 500241 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Kirloskar Brothers's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Kirloskar Brothers has no CEO, or we have no data on them.


Management Age and Tenure

4.3yrs

Average Tenure

50yo

Average Age

Experienced Management: 500241's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

2.3yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 500241's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Sandeep Phadnis

    Head of Secretarial

    • Tenure: 6.5yrs
    • Compensation: ₹3.80m
  • Vikas Agarwal (44yo)

    VP and Head of Water & Irrigation

    • Tenure: 0yrs
  • Chittaranjan Mate (63yo)

    CFO, Head of CFA & VP of Finance

    • Tenure: 4.3yrs
    • Compensation: ₹6.22m
  • Anurag Vohra (50yo)

    Senior VP & Head of India Business

    • Tenure: 3.9yrs
  • Amit Shukla (46yo)

    Assistant VP & Head of CIC

    • Tenure: 0yrs
  • Shirish More (57yo)

    VP & Head of Procurement

    • Tenure: 0yrs
  • Shreepad Khare (48yo)

    VP & Head of CQA

    • Tenure: 0yrs
  • Ravi Sinha (48yo)

    VP & Head of CHRMC

    • Tenure: 0yrs
  • Ravindra Birajdar (55yo)

    VP & Head of CRED

    • Tenure: 0yrs
  • Nirmal Tiwari (57yo)

    VP & Head of Small Pump Operations

    • Tenure: 0yrs

Board Members

  • Kishor Chaukar (72yo)

    Independent Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: ₹2.20m
  • Sanjay Kirloskar (62yo)

    Chairman & MD

    • Tenure: 0yrs
    • Compensation: ₹46.30m
  • Pratap Shirke (71yo)

    Non-Executive Non-independent Director

    • Tenure: 12.3yrs
    • Compensation: ₹1.77m
  • Rakesh Mohan (72yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.90m
  • Alok Kirloskar (35yo)

    Non Executive Director

    • Tenure: 7.3yrs
    • Compensation: ₹51.45m
  • Rama Kirloskar (29yo)

    Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: ₹1.75m
  • Rajeev Kher (63yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs
    • Compensation: ₹600.00k
  • Pradyumna Vyas (61yo)

    Additional Independent Director

    • Tenure: 0.6yrs
  • Shailaja Kher-Hidayatullah

    Additional Independent Director

    • Tenure: 0.4yrs

Company Information

Kirloskar Brothers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kirloskar Brothers Limited
  • Ticker: 500241
  • Exchange: BSE
  • Founded: 1888
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹12.114b
  • Shares outstanding: 79.41m
  • Website: https://www.kirloskarpumps.com

Number of Employees


Location

  • Kirloskar Brothers Limited
  • Yamuna
  • Survey No. 98/(3-7)
  • Pune
  • Maharashtra
  • 411045
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500241BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
KIRLOSBROSNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

Biography

Kirloskar Brothers Limited provides fluid management solutions in India and internationally. The company manufactures various pumps, including end suction, split case, multistage, special and engineered, m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:36
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.