Kirloskar Brothers Q1FY26 Profit Up 15% YoY to ₹470 Mn; Consolidated PAT Climbs to ₹705 Mn

Pune, August 1, 2025 – Kirloskar Brothers Ltd (NSE: KIRLOSBROS | BSE: 500241) reported robust standalone earnings for the first quarter of FY26, even as consolidated profit after tax remained steady. The company continues to demonstrate margin resilience and disciplined cost management in the face of flat revenue growth. Kirloskar Brothers delivered a 15% YoY increase in standalone profit, driven by operational efficiency, while consolidated profits remained stable amid a challenging revenue environment.

Stock Performance

On August 1, 2025, shares of Kirloskar Brothers Ltd closed at ₹1,860.00, down ₹110.90 or 5.63% for the day. The stock opened at ₹1,972.80, hit a high of ₹2,006.70, and a low of ₹1,842.00 during the trading session.

Consolidated Financial Overview – Q1FY26

In Q1FY26, Kirloskar Brothers Ltd reported consolidated revenue from operations of ₹9,790 million, down from ₹10,309 million YoY. Despite the dip, PBT stood at ₹983 million, slightly lower than ₹999 million last year.

Consolidated PAT was stable at ₹705 million, while net profit after JV loss rose to ₹675 million from ₹656 million. Consolidated EPS improved to ₹8.40 from ₹8.20 a year ago.

Standalone Financial Performance – Q1FY26

Kirloskar Brothers Ltd reported a standalone revenue from operations of ₹6,206 million in Q1FY26, down from ₹6,652 million in Q1FY25 and ₹8,854 million in Q4FY25, reflecting a year-on-year decline due to a softer topline. Total income stood at ₹6,330 million.

Despite the dip in revenue, EBITDA rose to ₹791 million from ₹719 million a year earlier, indicating resilient operational efficiency.

Profit Before Tax improved to ₹633 million from ₹564 million, with the PBT margin expanding to 10.0% from 8.4%. Profit After Tax increased 15% YoY to ₹470 million, up from ₹409 million, while earnings per share (EPS) rose to ₹5.93 from ₹5.15, supported by cost rationalisation and disciplined margin management.

Geographic Revenue Distribution

Kirloskar Brothers continues to derive strong contributions from its global operations. In Q1FY26, overseas revenue contributed ₹3,568 million, accounting for 36.4% of the total consolidated revenue, while the India region contributed ₹6,222 million, or 63.6%. This reflects the growing relevance of its international business to overall performance, especially in challenging domestic conditions.

Notable Developments & Exceptional Items

Kirloskar Brothers Ltd received ₹6.5 million in dividend income from group companies, boosting other income, while incurring a ₹3 million VRS-related expense at The Kolhapur Steel Limited (TKSL); the prior year had an exceptional gain of ₹108 million from a stake transfer in TKSL, creating a high base for YoY comparison.

Management Commentary

“Despite a challenging macro-environment, we maintained profitability and enhanced our global contribution. With cost optimisation and market diversification, we’re well-positioned for sustainable growth,” said Sanjay Kirloskar, Chairman and Managing Director.

Strategic Outlook

Kirloskar Brothers continues to focus on expanding its global footprint through its subsidiaries under Kirloskar Brothers International B.V. and growth in overseas orders. The foreign subsidiaries contributed a net profit of ₹80 million in Q1FY26. The company reaffirmed its thrust on high-efficiency engineered pumps, turnkey project execution, and global mining & oil sectors.

Company Overview

Founded in 1920 and listed on both BSE and NSE, Kirloskar Brothers Ltd is India’s leading pump manufacturing company, engaged in the engineering, production, and supply of industrial pumps and turnkey fluid management systems for core sectors like water, power, oil & gas, and defence. The company operates under a single segment, Fluid Machinery and Systems, as per Ind AS 108. This includes the design, manufacture, and servicing of engineered pumps and fluid-handling systems for various sectors such as water supply, power, irrigation, and oil & gas.

REF:https://nsearchives.nseindia.com/corporate/KIRLOSBROS_01082025115110_UFR.pdf

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