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KIRL

Kirloskar Oil Engines NSEI:KIRLOSENG Stock Report

Last Price

₹128.85

Market Cap

₹18.6b

7D

-2.4%

1Y

-44.0%

Updated

23 Jun, 2022

Data

Company Financials +
KIRLOSENG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends3/6

KIRLOSENG Stock Overview

Kirloskar Oil Engines Limited manufactures and distributes diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares in India and internationally.

Kirloskar Oil Engines Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Kirloskar Oil Engines
Historical stock prices
Current Share Price₹128.85
52 Week High₹277.70
52 Week Low₹122.55
Beta0.56
1 Month Change-16.71%
3 Month Change-6.33%
1 Year Change-44.00%
3 Year Change-32.24%
5 Year Change-67.79%
Change since IPO-44.77%

Recent News & Updates

May 24
Kirloskar Oil Engines (NSE:KIRLOSENG) Has More To Do To Multiply In Value Going Forward

Kirloskar Oil Engines (NSE:KIRLOSENG) Has More To Do To Multiply In Value Going Forward

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Mar 14
Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?

Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

KIRLOSENGIN MachineryIN Market
7D-2.4%-3.3%-3.1%
1Y-44.0%21.6%-2.5%

Return vs Industry: KIRLOSENG underperformed the Indian Machinery industry which returned 21.6% over the past year.

Return vs Market: KIRLOSENG underperformed the Indian Market which returned -2.5% over the past year.

Price Volatility

Is KIRLOSENG's price volatile compared to industry and market?
KIRLOSENG volatility
KIRLOSENG Average Weekly Movement7.0%
Machinery Industry Average Movement6.5%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
19462,122Kolenaty Kirloskarhttps://koel.kirloskar.com

Kirloskar Oil Engines Limited manufactures and distributes diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares in India and internationally. The company offers air-cooled and water-cooled engines and diesel generating sets; and petrol generators used for power back-up in industrial, residential, and commercial establishments. Its products are offered under the KOEL i-Green and KOEL Chhota Chilli brands.

Kirloskar Oil Engines Fundamentals Summary

How do Kirloskar Oil Engines's earnings and revenue compare to its market cap?
KIRLOSENG fundamental statistics
Market Cap₹18.64b
Earnings (TTM)₹1.75b
Revenue (TTM)₹40.22b

10.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KIRLOSENG income statement (TTM)
Revenue₹40.22b
Cost of Revenue₹26.24b
Gross Profit₹13.98b
Other Expenses₹12.24b
Earnings₹1.75b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)12.07
Gross Margin34.77%
Net Profit Margin4.34%
Debt/Equity Ratio94.0%

How did KIRLOSENG perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

33%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is KIRLOSENG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KIRLOSENG?

Other financial metrics that can be useful for relative valuation.

KIRLOSENG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA7.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does KIRLOSENG's PE Ratio compare to its peers?

KIRLOSENG PE Ratio vs Peers
The above table shows the PE ratio for KIRLOSENG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.3x

Price-To-Earnings vs Peers: KIRLOSENG is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (25.3x).


Price to Earnings Ratio vs Industry

How does KIRLOSENG's PE Ratio compare vs other companies in the Indian Machinery Industry?

Price-To-Earnings vs Industry: KIRLOSENG is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Indian Machinery industry average (24.2x)


Price to Earnings Ratio vs Fair Ratio

What is KIRLOSENG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KIRLOSENG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KIRLOSENG's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of KIRLOSENG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KIRLOSENG (₹128.85) is trading above our estimate of fair value (₹65.09)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.8%

Forecasted Capital Goods industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KIRLOSENG's forecast earnings growth is above the savings rate (6.7%).

Earnings vs Market: Insufficient data to determine if KIRLOSENG's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if KIRLOSENG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if KIRLOSENG's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if KIRLOSENG's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


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Past Performance

How has Kirloskar Oil Engines performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KIRLOSENG has a high level of non-cash earnings.

Growing Profit Margin: KIRLOSENG's current net profit margins (4.3%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: KIRLOSENG's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: KIRLOSENG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KIRLOSENG had negative earnings growth (-10.5%) over the past year, making it difficult to compare to the Machinery industry average (42.4%).


Return on Equity

High ROE: KIRLOSENG's Return on Equity (8.2%) is considered low.


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Financial Health

How is Kirloskar Oil Engines's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KIRLOSENG's short term assets (₹27.5B) exceed its short term liabilities (₹17.8B).

Long Term Liabilities: KIRLOSENG's short term assets (₹27.5B) exceed its long term liabilities (₹11.7B).


Debt to Equity History and Analysis

Debt Level: KIRLOSENG's net debt to equity ratio (54.1%) is considered high.

Reducing Debt: KIRLOSENG's debt to equity ratio has increased from 0.8% to 94% over the past 5 years.

Debt Coverage: KIRLOSENG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: KIRLOSENG's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KIRLOSENG's dividend (3.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: KIRLOSENG's dividend (3.1%) is in the top 25% of dividend payers in the Indian market (1.92%)


Stability and Growth of Payments

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

Growing Dividend: KIRLOSENG's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.1%), KIRLOSENG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: KIRLOSENG is paying a dividend but the company has no free cash flows.


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Management

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

7.3yrs

Average management tenure


CEO

Kolenaty Kirloskar (36 yo)

0.42

Tenure

₹3,162,500

Compensation

Ms. Gauri Atul Kirloskar also known as Kolenaty, serves as a Non- Executive and Independent Director at The Bombay Burmah Trading Corporation, Limited since February 4, 2019. She serves as Managing Directo...


Leadership Team

Experienced Management: KIRLOSENG's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: KIRLOSENG's board of directors are considered experienced (5.8 years average tenure).


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 Oil Engines Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kirloskar Oil Engines Limited
  • Ticker: KIRLOSENG
  • Exchange: NSEI
  • Founded: 1946
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: ₹18.641b
  • Shares outstanding: 144.62m
  • Website: https://koel.kirloskar.com

Number of Employees


Location

  • Kirloskar Oil Engines Limited
  • Laxmanrao Kirloskar Road
  • Khadki
  • Pune
  • Maharashtra
  • 411003
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/23 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.