Kirloskar Oil Engines Limited

NSEI:KIRLOSENG Stock Report

Market Cap: ₹165.0b

Kirloskar Oil Engines Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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 (₹1137.4) is trading above our estimate of fair value (₹750.73)

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

Key Valuation Metric

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

Key metric: As KIRLOSENG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KIRLOSENG. This is calculated by dividing KIRLOSENG's market cap by their current earnings.
What is KIRLOSENG's PE Ratio?
PE Ratio31.4x
Earnings₹5.25b
Market Cap₹165.04b

Price to Earnings Ratio vs Peers

How does KIRLOSENG's PE Ratio compare to its 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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.5x
500252 LMW
81.5x19.8%₹163.2b
500241 Kirloskar Brothers
41xn/a₹161.9b
500249 KSB
63.2x25.4%₹142.3b
ELGIEQUIP Elgi Equipments
56.4x15.3%₹184.9b
KIRLOSENG Kirloskar Oil Engines
31.4x17.2%₹165.0b

Price-To-Earnings vs Peers: KIRLOSENG is good value based on its Price-To-Earnings Ratio (31.4x) compared to the peer average (60.5x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
504220 W.S. Industries (India)
4.7xn/aUS$86.19m
No more companies available in this PE range
KIRLOSENG 31.4xIndustry Avg. 35.8xNo. of Companies27PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KIRLOSENG is good value based on its Price-To-Earnings Ratio (31.4x) compared to the Indian Machinery industry average (35.8x).

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 Ratio31.4x
Fair PE Ratio37.2x

Price-To-Earnings vs Fair Ratio: KIRLOSENG is good value based on its Price-To-Earnings Ratio (31.4x) compared to the estimated Fair Price-To-Earnings Ratio (37.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KIRLOSENG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,137.40
₹1,528.80
+34.4%
2.5%₹1,593.00₹1,491.00n/a5
Nov ’25₹1,153.95
₹1,576.00
+36.6%
3.7%₹1,665.00₹1,491.00n/a5
Oct ’25₹1,188.25
₹1,576.00
+32.6%
3.7%₹1,665.00₹1,491.00n/a5
Sep ’25₹1,334.35
₹1,544.75
+15.8%
3.6%₹1,593.00₹1,455.00n/a4
Aug ’25₹1,199.05
₹1,464.75
+22.2%
11.7%₹1,593.00₹1,175.00n/a4
Jul ’25₹1,418.95
₹1,465.50
+3.3%
11.7%₹1,596.00₹1,175.00n/a4
Jun ’25₹1,246.10
₹1,108.50
-11.0%
22.3%₹1,345.00₹694.00n/a4
May ’25₹1,022.35
₹965.75
-5.5%
5.9%₹1,022.00₹891.00n/a4
Apr ’25₹887.85
₹890.25
+0.3%
13.0%₹997.00₹694.00n/a4
Mar ’25₹915.35
₹890.25
-2.7%
13.0%₹997.00₹694.00n/a4
Feb ’25₹707.60
₹753.75
+6.5%
12.5%₹851.00₹630.00n/a4
Jan ’25₹662.95
₹665.25
+0.3%
5.9%₹710.00₹622.00n/a4
Dec ’24₹583.65
₹650.33
+11.4%
5.3%₹699.00₹622.00n/a3
Nov ’24₹556.30
₹633.67
+13.9%
7.8%₹699.00₹580.00₹1,153.953
Oct ’24₹539.90
₹551.67
+2.2%
7.0%₹580.00₹497.00₹1,188.253
Sep ’24₹491.65
₹551.67
+12.2%
7.0%₹580.00₹497.00₹1,334.353
Aug ’24₹447.65
₹518.33
+15.8%
8.2%₹578.00₹480.00₹1,199.053
Jul ’24₹392.00
₹529.00
+34.9%
9.3%₹578.00₹480.00₹1,418.952
Jun ’24₹406.25
₹529.00
+30.2%
9.3%₹578.00₹480.00₹1,246.102
Mar ’24₹310.35
₹295.00
-4.9%
27.1%₹400.00₹206.00₹915.353
Feb ’24₹305.30
₹281.67
-7.7%
22.3%₹360.00₹206.00₹707.603
Jan ’24₹322.60
₹281.67
-12.7%
22.3%₹360.00₹206.00₹662.953
Dec ’23₹336.60
₹281.67
-16.3%
22.3%₹360.00₹206.00₹583.653
Nov ’23₹261.30
₹245.00
-6.2%
12.2%₹279.00₹206.00₹556.303

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

J. Kumar Infraprojects

₹53.0b

Engages in the construction business in India.

JKIL

₹700.00

7D

-6.9%

1Y

63.3%

IRB Infrastructure Developers

₹288.4b

Engages in the infrastructure development business in India.

IRB

₹47.76

7D

-7.2%

1Y

25.4%

Electrosteel Castings

₹89.2b

Manufactures and supplies ductile iron (DI) pipes, ductile iron fittings (DIF) and accessories, and cast iron (CI) pipes in India and internationally.

ELECTCAST

₹144.28

7D

-4.5%

1Y

35.4%