NSEI:KIRLOSBROS

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet and fair value.


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

Stable Share Price: KIRLOSBROS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KIRLOSBROS's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

12.9%

KIRLOSBROS

3.2%

IN Machinery

1.8%

IN Market


1 Year Return

2.1%

KIRLOSBROS

9.7%

IN Machinery

7.9%

IN Market

Return vs Industry: KIRLOSBROS underperformed the Indian Machinery industry which returned 9.7% over the past year.

Return vs Market: KIRLOSBROS underperformed the Indian Market which returned 7.9% over the past year.


Shareholder returns

KIRLOSBROSIndustryMarket
7 Day12.9%3.2%1.8%
30 Day34.9%13.8%10.9%
90 Day9.5%9.1%9.8%
1 Year3.8%2.1%11.7%9.7%10.0%7.9%
3 Year-49.0%-51.0%-12.0%-15.8%8.1%2.8%
5 Year-17.1%-21.0%20.7%12.8%55.3%43.6%

Long-Term 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?

19.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KIRLOSBROS (₹138.65) is trading below our estimate of fair value (₹172.71)

Significantly Below Fair Value: KIRLOSBROS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KIRLOSBROS is good value based on its PE Ratio (11.9x) compared to the IN Machinery industry average (20.6x).

PE vs Market: KIRLOSBROS is good value based on its PE Ratio (11.9x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KIRLOSBROS's PB Ratio (1.2x) is in line with the IN Machinery industry average.


Next Steps

Future Growth

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

39.9%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kirloskar Brothers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Kirloskar Brothers performed over the past 5 years?

36.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KIRLOSBROS has high quality earnings.

Growing Profit Margin: KIRLOSBROS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: KIRLOSBROS's earnings have grown significantly by 36.4% per year over the past 5 years.

Accelerating Growth: KIRLOSBROS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KIRLOSBROS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-9.1%).


Return on Equity

High ROE: KIRLOSBROS's Return on Equity (9.7%) is considered low.


Next Steps

Financial Health

How is Kirloskar Brothers's financial position?


Financial Position Analysis

Short Term Liabilities: KIRLOSBROS's short term assets (₹17.0B) exceed its short term liabilities (₹13.7B).

Long Term Liabilities: KIRLOSBROS's short term assets (₹17.0B) exceed its long term liabilities (₹1.9B).


Debt to Equity History and Analysis

Debt Level: KIRLOSBROS's debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: KIRLOSBROS's debt to equity ratio has reduced from 35.2% to 28% over the past 5 years.

Debt Coverage: KIRLOSBROS's debt is well covered by operating cash flow (178.9%).

Interest Coverage: KIRLOSBROS's interest payments on its debt are well covered by EBIT (6.8x coverage).


Balance Sheet


Next Steps

Dividend

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

1.80%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KIRLOSBROS's dividend (1.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: KIRLOSBROS's dividend (1.8%) is low compared to the top 25% of dividend payers in the Indian market (2.1%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (4.3%), KIRLOSBROS's dividend payments are thoroughly covered by earnings.


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

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Sanjay Kirloskar (63 yo)

37.5yrs

Tenure

₹50,770,000

Compensation

Mr. Sanjay Chandrakant Kirloskar has been the Managing Director at Kirloskar Brothers Limited since May 2, 1983 and serves as its Chairman. Mr. Kirloskar served as a Vice President of Operations and Execut...


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD685.78K) is above average for companies of similar size in the Indian market ($USD49.89K).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Kirloskar
Chairman & MD37.5yrs₹50.77m40.43%
₹ 4.5b
Chittaranjan Mate
CFO, Senior VP & Head of CFA5.33yrs₹8.16mno data
Sandeep Phadnis
Head of Corporate Secretarial7.58yrs₹4.09mno data
Vikas Agarwal
VP and Head of Water & Irrigationno data₹8.79m0.00094%
₹ 103.6k
Anurag Vohra
Senior VP & Head of India Business5yrs₹12.42mno data
Ravindra Birajdar
VP & Head of CREDno data₹6.36m0.0019%
₹ 208.4k
Shreepad Khare
VP & Head of CQAno data₹8.19mno data
Ravi Sinha
VP & Head of CHRMCno data₹7.56mno data
Anil Nerlekar
General Manager of Corporate Finance & Accountsno datano datano data
Sanjeev Date
Vice President of Technicalno data₹2.87mno data
Jagadish Kshirsagar
Head of Corporate Research & Engineering Development & VPno data₹3.67mno data
K. Chandrashekhar
Head of Corporate Internal Audit and Vice Presidentno data₹2.50mno data

6.5yrs

Average Tenure

63yo

Average Age

Experienced Management: KIRLOSBROS's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjay Kirloskar
Chairman & MD37.5yrs₹50.77m40.43%
₹ 4.5b
Pratap Shirke
Non-Executive Non-independent Director13.33yrs₹2.05m0.025%
₹ 2.8m
Rakesh Mohan
Independent Non-Executive Director3.33yrs₹1.98mno data
Alok Kirloskar
Non Executive Non-Independent Director8.33yrs₹1.75m0.0078%
₹ 858.9k
Rama Kirloskar
Non-Executive Non-Independent Director3.33yrs₹1.83mno data
Rajeev Kher
Independent Non-Executive Director1.83yrs₹2.13mno data
Pradyumna Vyas
Independent Non-Executive Director1.67yrs₹1.53mno data
Shailaja Kher-Hidayatullah
Independent Non-Executive Director1.5yrs₹1.37mno data
M.S. Unnikrishnan
Additional Independent Director0.42yrno datano data

2.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: KIRLOSBROS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Kirloskar Brothers Limited
  • Ticker: KIRLOSBROS
  • Exchange: NSEI
  • Founded: 1888
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹11.026b
  • Shares outstanding: 79.41m
  • Website: https://www.kirloskarpumps.com

Location

  • Kirloskar Brothers Limited
  • Plot No. 3, Yamuna
  • Survey No. 98 /(3 to7)
  • 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 Analysis2020/11/29 12:04
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.