Kirloskar Oil Engines Past Earnings Performance
Past criteria checks 3/6
Kirloskar Oil Engines has been growing earnings at an average annual rate of 22.1%, while the Machinery industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 14.9% per year. Kirloskar Oil Engines's return on equity is 15.6%, and it has net margins of 7.3%.
Key information
22.12%
Earnings growth rate
22.04%
EPS growth rate
| Machinery Industry Growth | 21.04% |
| Revenue growth rate | 14.93% |
| Return on equity | 15.60% |
| Net Margin | 7.33% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Analysis Article • May 17
Revenue Beat: Kirloskar Oil Engines Limited Beat Analyst Estimates By 5.8%
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) came out with its full-year results last week, and we wanted to see how...
Narrative Update • May 03
KIRLOSENG: Chairman Transition And Stable Assumptions Will Support A Balanced Outlook
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at ₹1,546.20, citing unchanged assumptions on revenue growth, profit margin and forward P/E, despite only minor technical adjustments to the discount rate and other model inputs. What's in the News A board meeting is scheduled for Mar 10, 2026 at 10:30 Indian Standard Time to consider appointing Mr. Rahul Kirloskar, Non Executive Director, as Chairman of the company with effect from Apr 1, 2026 (company filing).Narrative Update • Apr 18
KIRLOSENG: Upcoming Chairman Transition And Minor Assumption Tweaks Will Shape Balanced Outlook
Analysts have maintained their fair value estimate for Kirloskar Oil Engines at ₹1,546.20, with only small tweaks to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions informing this unchanged price target. What's in the News Board meeting scheduled on Feb 11, 2026 at 15:00 Indian Standard Time to consider and approve standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025, to consider declaration of an interim dividend for FY 2025-26, and to approve allotment of 9,074 fully paid up equity shares of ₹2 each upon exercise of employee stock options (company filing).Narrative Update • Apr 03
KIRLOSENG: Upcoming Chairman Appointment Will Shape Bullish Long Term Thesis
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at ₹1,546.20, citing broadly unchanged assumptions on revenue growth, profit margins, the discount rate and future P/E, which together support a consistent price target view. What's in the News Board meeting scheduled on Feb 11, 2026 at 15:00 Indian Standard Time to review standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025, consider an interim dividend for FY 2025-26, and approve allotment of 9,074 fully paid equity shares of ₹2 each upon exercise of employee stock options (company filing).Narrative Update • Mar 19
KIRLOSENG: Fair View Will Hinge On Upcoming Leadership And Dividend Decisions
Analysts now place Kirloskar Oil Engines' price target at ₹1,546.20, up from ₹1,471.83. The revised target reflects updated assumptions around a slightly lower discount rate, modestly higher revenue growth, a similar profit margin profile, and a higher future P/E multiple.Narrative Update • Mar 05
KIRLOSENG: Fair View Will Rely On Upcoming Board Meeting Decisions
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at about ₹1,472 per share, with only minor tweaks to assumptions such as the discount rate and future P/E. This reflects a largely unchanged view on the stock's risk and earnings profile.Narrative Update • Feb 19
KIRLOSENG: Steady Outlook Will Hinge On Board Decisions And Interim Dividend
Analysts have lifted their fair value estimate for Kirloskar Oil Engines from about ₹1,287 to around ₹1,472, citing slightly lower assumed discount rates, modestly adjusted revenue growth expectations, a small uptick in projected profit margins, and a higher future P/E multiple in their models. What's in the News Board meeting scheduled for Feb 11, 2026, at 15:00 IST to review standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Analysis Article • Feb 15
Revenue Beat: Kirloskar Oil Engines Limited Beat Analyst Estimates By 24%
Shareholders of Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) will be pleased this week, given that the stock price...
New Narrative • Feb 13
High Horsepower Gensets And Aftermarket Expansion Will Reshape Long Term Earnings Profile
Catalysts About Kirloskar Oil Engines Kirloskar Oil Engines manufactures engines and gensets and provides related industrial, power generation and aftermarket solutions along with financial services through its subsidiary Arka. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 05
KIRLOSENG: Steady Outlook Will Rely On Governance And Dividend Decisions
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at ₹1,286.67 per share, with minor tweaks to assumptions such as the discount rate and future P/E to reflect updated risk and earnings expectations. What's in the News Board meeting scheduled for Feb 11, 2026, to review standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025, and to consider an interim dividend for FY 2025-26 (company filing).Narrative Update • Jan 21
KIRLOSENG: Slump Sale And Spin Off Will Shape Undervalued Upside
Analysts have lifted their fair value estimate for Kirloskar Oil Engines from ₹1,254 to about ₹1,286, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E that modestly adjust their outlook on the stock. What's in the News A board meeting is scheduled for November 11, 2025, to consider and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025 (company filing).Narrative Update • Jan 07
KIRLOSENG: Slump Sale And Planned Spin Off Will Shape Future Outlook
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at ₹1,254, with only slight tweaks to inputs such as the discount rate and future P/E assumptions, which support this unchanged price target. What's in the News A board meeting is scheduled for Oct 10, 2025 to consider transferring the Company’s Business to Customer business segment to wholly owned subsidiary La Gajjar Machineries Private Limited through a slump sale as a going concern (company filing).Narrative Update • Dec 21
KIRLOSENG: Business Spinoff And Restructuring Moves Will Shape Future Performance
Analysts have nudged their price target on Kirloskar Oil Engines slightly higher to ₹1,254. This reflects modestly lower perceived risk and steady expectations for long term revenue growth, margins, and valuation multiples.Analysis Article • Dec 12
Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Narrative Update • Dec 07
KIRLOSENG: Business Restructuring And Spinoff Plans Will Shape Future Performance
Analysts have kept their fair value estimate for Kirloskar Oil Engines steady at ₹1,254, citing broadly unchanged long term assumptions for the discount rate, revenue growth, profit margins, and future valuation multiples. What's in the News Board meeting scheduled for October 10, 2025, to consider transferring the Business to Customer business segment via slump sale to wholly owned subsidiary La Gajjar Machineries Private Limited as a going concern (company filing) Plan announced to spin off Arka Fincap, established in 2018, into a separately listed company by 2030, according to managing director Gauri Kirloskar (management commentary) Board meeting set for November 11, 2025, to review and approve standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025 (company filing) Valuation Changes Fair Value Estimate remains unchanged at ₹1,254 per share, indicating no revision to the intrinsic value assessment.Narrative Update • Nov 23
KIRLOSENG: Margin Gains And Pending Spinoff Will Shape Medium-Term Outlook
Analysts have raised their price target for Kirloskar Oil Engines from ₹1,179.60 to ₹1,254.00. This change reflects more optimistic margin expectations, despite slightly lower projected revenue growth.Analysis Article • Nov 19
What Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) 28% Share Price Gain Is Not Telling You
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) shares have had a really impressive month, gaining 28% after a shaky...Analysis Article • Nov 16
The Return Trends At Kirloskar Oil Engines (NSE:KIRLOSENG) Look Promising
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Sep 05
India Urban Expansion And MENA Exports Will Unlock Global Potential
With both the discount rate and future P/E ratio remaining virtually unchanged, analysts maintained their fair value target for Kirloskar Oil Engines at ₹1180. What's in the News Board meeting scheduled to consider and approve Standalone and Consolidated Un-audited Financial Results for the quarter ended 30th June 2025.Analysis Article • Aug 26
Earnings Not Telling The Story For Kirloskar Oil Engines Limited (NSE:KIRLOSENG)
With a median price-to-earnings (or "P/E") ratio of close to 28x in India, you could be forgiven for feeling...Analysis Article • Jul 30
Kirloskar Oil Engines (NSE:KIRLOSENG) Has Announced That It Will Be Increasing Its Dividend To ₹4.00
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) has announced that it will be increasing its dividend from last year's...Analysis Article • Jul 03
Kirloskar Oil Engines (NSE:KIRLOSENG) Has Announced That It Will Be Increasing Its Dividend To ₹4.00
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) will increase its dividend from last year's comparable payment on the...Analysis Article • Jun 22
Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 22
We Think That There Are Issues Underlying Kirloskar Oil Engines' (NSE:KIRLOSENG) Earnings
Kirloskar Oil Engines Limited's ( NSE:KIRLOSENG ) stock was strong after they recently reported robust earnings...Analysis Article • Apr 11
Returns Are Gaining Momentum At Kirloskar Oil Engines (NSE:KIRLOSENG)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Mar 24
Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Shares Bounce 28% But Its Business Still Trails The Market
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) shareholders are no doubt pleased to see that the share price has...Analysis Article • Mar 09
Downgrade: Here's How Analysts See Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Performing In The Near Term
The analysts covering Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) delivered a dose of negativity to shareholders...
New Narrative • Feb 26
Recovery In LMHP Genset Demand And Sanand Plant Efficiency Will Boost Future Prospects
Completion of Sanand plant transition and increased production should enhance operational efficiencies and net margins.Analysis Article • Feb 14
Kirloskar Oil Engines (NSE:KIRLOSENG) Is Due To Pay A Dividend Of ₹2.50
The board of Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) has announced that it will pay a dividend on the 12th of...Analysis Article • Feb 07
Benign Growth For Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Underpins Its Share Price
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 30x, you may consider...Analysis Article • Jan 25
Is Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights Using the 2 Stage Free Cash Flow to Equity, Kirloskar Oil Engines fair value estimate is ₹717 Current...Analysis Article • Jan 10
Do Kirloskar Oil Engines' (NSE:KIRLOSENG) Earnings Warrant Your Attention?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Dec 21
Kirloskar Oil Engines (NSE:KIRLOSENG) Has A Somewhat Strained Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Nov 20
Kirloskar Oil Engines' (NSE:KIRLOSENG) Earnings Are Weaker Than They Seem
Kirloskar Oil Engines Limited's ( NSE:KIRLOSENG ) robust earnings report didn't manage to move the market for its...Analysis Article • Nov 05
Should You Investigate Kirloskar Oil Engines Limited (NSE:KIRLOSENG) At ₹1,125?
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ), is not the largest company out there, but it saw a double-digit share...Analysis Article • Jul 12
Should You Investigate Kirloskar Oil Engines Limited (NSE:KIRLOSENG) At ₹1,349?
While Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) might not have the largest market cap around , it saw a...Analysis Article • Jun 04
Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) shares have continued their recent momentum with a 30% gain in the last...Analysis Article • Jun 03
Does Kirloskar Oil Engines (NSE:KIRLOSENG) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • May 21
Kirloskar Oil Engines' (NSE:KIRLOSENG) Earnings Are Of Questionable Quality
Despite posting some strong earnings, the market for Kirloskar Oil Engines Limited's ( NSE:KIRLOSENG ) stock hasn't...Analysis Article • May 10
Kirloskar Oil Engines (NSE:KIRLOSENG) Shareholders Will Want The ROCE Trajectory To Continue
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Analysis Article • Apr 03
What Does Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Share Price Indicate?
While Kirloskar Oil Engines Limited ( NSE:KIRLOSENG ) might not have the largest market cap around , it led the NSEI...Analysis Article • Feb 01
Investors Aren't Buying Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Earnings
Kirloskar Oil Engines Limited's ( NSE:KIRLOSENG ) price-to-earnings (or "P/E") ratio of 27.8x might make it look like a...Analysis Article • Jan 12
We Think Kirloskar Oil Engines (NSE:KIRLOSENG) Is Taking Some Risk With Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Dec 15
There's Been No Shortage Of Growth Recently For Kirloskar Oil Engines' (NSE:KIRLOSENG) Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Nov 30
Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Has Caught The Eye Of Investors
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Kirloskar Oil Engines makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 77,712 | 5,696 | 6,124 | 0 |
| 31 Dec 25 | 73,541 | 5,439 | 6,375 | 0 |
| 30 Sep 25 | 69,308 | 5,016 | 6,089 | 0 |
| 30 Jun 25 | 64,811 | 4,674 | 5,942 | 0 |
| 31 Mar 25 | 63,491 | 4,892 | 5,817 | 0 |
| 31 Dec 24 | 62,538 | 5,067 | 5,772 | 0 |
| 30 Sep 24 | 61,860 | 5,252 | 5,555 | 0 |
| 30 Jun 24 | 59,905 | 4,756 | 5,230 | 0 |
| 31 Mar 24 | 58,983 | 4,419 | 4,886 | 0 |
| 31 Dec 23 | 56,221 | 3,722 | 4,537 | 0 |
| 30 Sep 23 | 54,525 | 3,706 | 4,289 | 0 |
| 30 Jun 23 | 53,758 | 3,764 | 4,045 | 0 |
| 31 Mar 23 | 50,238 | 3,324 | 3,929 | 0 |
| 31 Dec 22 | 48,219 | 3,228 | 3,644 | 0 |
| 30 Sep 22 | 46,192 | 2,654 | 3,508 | 0 |
| 30 Jun 22 | 43,926 | 2,239 | 3,441 | 0 |
| 31 Mar 22 | 40,220 | 1,745 | 3,312 | 0 |
| 31 Dec 21 | 39,272 | 1,832 | 3,266 | 0 |
| 30 Sep 21 | 38,681 | 2,188 | 3,240 | 0 |
| 30 Jun 21 | 36,946 | 2,340 | 3,074 | 0 |
| 31 Mar 21 | 32,961 | 1,950 | 2,979 | 0 |
| 31 Dec 20 | 30,356 | 1,696 | 3,044 | 0 |
| 30 Sep 20 | 29,091 | 1,493 | 3,045 | 0 |
| 30 Jun 20 | 29,008 | 1,318 | 2,635 | 0 |
| 31 Mar 20 | 33,795 | 1,852 | 3,270 | 0 |
| 31 Dec 19 | 35,211 | 2,229 | 3,324 | 0 |
| 30 Sep 19 | 35,542 | 2,175 | 3,222 | 0 |
| 30 Jun 19 | 35,873 | 2,183 | 3,118 | 0 |
| 31 Mar 19 | 36,264 | 2,192 | 3,038 | 0 |
| 31 Mar 18 | 30,555 | 1,397 | 2,807 | 0 |
| 31 Mar 17 | 26,736 | 1,739 | 2,628 | 0 |
| 31 Mar 16 | 24,635 | 1,654 | 2,368 | 0 |
| 31 Dec 15 | 24,000 | 1,198 | 4,135 | 0 |
| 30 Sep 15 | 24,116 | 1,321 | 4,124 | 0 |
| 30 Jun 15 | 24,495 | 1,318 | 4,106 | 0 |
Quality Earnings: KIRLOSENG has high quality earnings.
Growing Profit Margin: KIRLOSENG's current net profit margins (7.3%) are lower than last year (7.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KIRLOSENG's earnings have grown significantly by 22.1% per year over the past 5 years.
Accelerating Growth: KIRLOSENG's earnings growth over the past year (16.4%) is below its 5-year average (22.1% per year).
Earnings vs Industry: KIRLOSENG earnings growth over the past year (16.4%) exceeded the Machinery industry 13%.
Return on Equity
High ROE: KIRLOSENG's Return on Equity (15.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/18 17:59 |
| End of Day Share Price | 2026/05/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Kirloskar Oil Engines Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gagan Thareja | 360 ONE Capital Market Private Limited |
| Rahul Jain | Anand Rathi Shares and Stock Brokers Limited |
| null null | Antique Stockbroking Ltd. |