Kirloskar Group company manufacturing pumps for agriculture, water supply, power and industrial applications.
Kirloskar Group company manufacturing pumps for agriculture, water supply, power and industrial applications.
Sells pumps both as standard products and as part of large water-supply and irrigation projects won by tender and delivered over many months, so its order book follows government spending. Spare parts and service for its installed base repeat. It is one of the older Kirloskar group companies, founded in 1888.
In one line: India's smaller Xylem/Flowserve for pumps.
Moat: narrow (brand, process know-how, installed base). Long-standing Kirloskar brand heritage and engineering expertise across diverse pump applications.
Headquarters: Pune, India · Founded: 1888 · Employees: 6,000
Size Kirloskar Brothers (KIRLOSBROS.NS) is an India Industrials company (Industrial Machinery) with a market value of $1.37B, the 497th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,630 on 6 Nov 2026.
Performance Over six months the shares fell 7.5%, against -32.6% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 10.8% over the last twelve months (peer median +22.3%); the operating margin is 9.2% (peer median 10.0%).
Valuation It trades at 2.5× enterprise value to sales against a peer median of 5.1× (6th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 34% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +23 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.2 points above its cost of capital (15.9% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹49.1B | ₹45.4B | ₹44.9B | ₹40.0B | ₹37.3B |
| Revenue growth | — | +1% | +12% | +7% | — |
| Gross profit | ₹14.8B | ₹9.48B | ₹11.0B | ₹9.10B | ₹8.15B |
| EBITDA | ₹5.64B | ₹5.53B | ₹6.15B | ₹5.24B | ₹4.23B |
| Net income | ₹3.76B | ₹3.74B | ₹4.15B | ₹3.48B | ₹2.35B |
| Free cash flow | n/a | ₹2.15B | ₹3.23B | ₹2.64B | ₹1.88B |
| Capital expenditure | n/a | ₹1.35B | ₹896M | ₹1.12B | ₹1.33B |
| Total debt | ₹2.88B | ₹2.50B | ₹1.82B | ₹1.92B | ₹2.86B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Kirloskar Brothers KIRLOSBROS.NS | $1.37B | -8% | +11% | 9% | 2.5× | 33.9% |
| KSB KSB.NS | $1.16B | -30% | +8% | 10% | 3.8× | 35.3% |
| Xylem XYL | $22.4B | -14% | +2% | 16% | 2.8× | 12.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KIRLOSBROS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | -18.9% | 6th highest of 20 |
| 6-month return | -7.5% | -32.6% | 3rd highest of 20 |
| Distance from 52-week high | -25.5% | -60.5% | highest of 20 |
| Revenue growth (TTM) | +10.8% | +22.3% | 5th lowest of 20 |
| Operating margin | 9.2% | 10.0% | 10th lowest of 20 |
| EV / Sales | 2.5× | 5.1× | 6th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 33.9% | 11.9% | 2nd most demanding of 8 |
| Growth delivered (Del g) | +10.8% | +11.3% | 4th lowest of 8 |
| Hurdle (Req g minus delivered) | +23.1 pp | -7.8 pp | 2nd most demanding of 8 |
| ROIC minus cost of capital | +1.2 pp | -1.8 pp | 6th highest of 19 |
| EV / EBITDA | 21.9× | 24.3× | 2nd cheapest of 6 |
| Net debt / EBITDA | -1.1× | -0.3× | 3rd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kirloskar Brothers KIRLOSBROS.NS | India | $1.37B | -8% | +11% | 9% | 2.5× | 33.9% | +10.8% |
| Suzhou Veichi Electric 688698.SS | China | $1.37B | -38% | +20% | 7% | 4.3× | n/a | n/a |
| Topoint Technology 8021.TW | Taiwan | $1.37B | -28% | +49% | 21% | 7.8× | n/a | n/a |
| Jiangsu Guomao Reducer 603915.SS | China | $1.37B | -11% | +11% | 9% | 2.6× | 16.3% | +4.0% |
| Sunrise Energy Metals SRL.AX | Australia | $1.38B | -16% | n/a | n/a | n/a | n/a | n/a |
| Chongqing Zaisheng Technology 603601.SS | China | $1.35B | -50% | -6% | 1% | 6.3× | 39.7% | -7.5% |
| PowerTECH 301369.SZ | China | $1.34B | -26% | +56% | 3% | 16.9× | n/a | n/a |
| Bonfiglioli Transmissions BONFIG.NS | India | $1.33B | n/a | +9% | 16% | n/a | n/a | n/a |
| Guangdong Huicheng Vacuum Technology 301392.SZ | China | $1.41B | -25% | +48% | 7% | 15.9× | n/a | n/a |
| Hymson Laser Technology 688559.SS | China | $1.41B | -34% | +78% | 1% | 1.7× | 11.9% | +26.3% |
| GKG Precision Machine 301338.SZ | China | $1.32B | -57% | +38% | 17% | 5.6× | n/a | n/a |
| Ableprint Technology 7734.TWO | Taiwan | $1.31B | -58% | +48% | 50% | 12.6× | 18.8% | +10.1% |
| Sprint Precision Technologies 688605.SS | China | $1.31B | -3% | +16% | 10% | 6.1× | n/a | n/a |
| Wasion 3393.HK | Hong Kong | $1.43B | -59% | +22% | 16% | 1.1× | -11.3% | +19.7% |
| Wafer Works 6182.TWO | Taiwan | $1.30B | +42% | +9% | 4% | 5.9× | n/a | n/a |
| Test Research 3030.TW | Taiwan | $1.44B | -51% | +32% | 40% | 4.6× | -2.5% | +11.3% |
| Zhuzhou Huarui Precision Cutting Tools 688059.SS | China | $1.44B | -33% | +23% | 36% | 8.4× | n/a | n/a |
| Yizumi 300415.SZ | China | $1.29B | -25% | +13% | 11% | 1.8× | 9.6% | +17.4% |
| Qinchuan Machine Tool & Tool Group Share 000837.SZ | China | $1.46B | -14% | +8% | -4% | 2.3× | n/a | n/a |
| Hongyuan Green Energy 603185.SS | China | $1.46B | -34% | +14% | -15% | 1.3× | n/a | n/a |
| Shenzhen Qiangrui Precision Technology 301128.SZ | China | $1.46B | -47% | +56% | 10% | 4.0× | n/a | n/a |