StockWatch
·
Filing
Q4

KIRLOSKAR OIL ENGINES LTD.

KIRLOSENGFY2614 May 2026
Revenue+13.0%
Net Profit+42.2%
OPM17.30%

P&L

Quarterly Consolidated

Revenue
+13.0%2.1K
Expenditure
+11.6%1.9K
Net Profit
+42.2%155.22
NPM 7.29%+25.7%EPS ₹10.91+42.4%

vs Q3 FY26

Kirloskar Oil Engines FY26 Net Sales Up 25% to ₹5,604 Cr

14 May 2026 · 14 May, 5:52 pm

Summary

Kirloskar Oil Engines Ltd. concluded FY26 on a strong note, reporting its highest-ever standalone quarterly sales of ₹1,522 crore in Q4, a 24% year-on-year increase. The full fiscal year saw standalone Net Sales grow by 25% to ₹5,604 crore, supported by double-digit EBITDA margins, including 12.6% in Q4 and 13.1% for the full year. Consolidated results also demonstrated robust performance, with Q4 revenue from operations rising 21% to ₹2,116 crore and profit after tax (PAT) increasing by 47% to ₹162 crore. Vice Chairperson and Managing Director Gauri Kirloskar attributed this success to a sharp focus on execution, deeper market penetration, and disciplined growth across Powergen and Industrial businesses, along with expanding international sales. The company remains committed to sustainable, profitable growth and strengthening operational discipline towards its '2B28' goal, while also proposing a total dividend of 350% for the fiscal year.

Key Highlights

  1. 1

    Kirloskar Oil Engines Ltd. reported its highest-ever standalone quarterly sales of ₹1,522 Crore for Q4 FY26, marking a significant 24% growth year-on-year.

  2. 2

    For the full fiscal year FY26, standalone Net Sales registered a strong 25% annual growth, reaching ₹5,604 Crore.

  3. 3

    Standalone EBITDA for Q4 FY26 increased by 27% to ₹193 Crore, achieving a healthy margin of 12.6%.

  4. 4

    The company's standalone Net Profit for Q4 FY26 also saw a substantial rise of 28% to ₹118 Crore.

  5. 5

    On a consolidated basis, Revenue from operations for Q4 FY26 reached ₹2,116 Crore (up 21% Y-o-Y), with PAT soaring by 47% to ₹162 Crore.

  6. 6

    The Board of Directors proposed a total dividend of 350% for FY26, comprising a final dividend of 225% (₹4.50 per share) and an interim dividend of 125% (₹2.50 per share).

  7. 7

    Cash and cash equivalents stood at approximately ₹552 Crore at the end of Q4 FY26, net of debt.

Management Comments

G

Gauri Kirloskar

I am proud to share that KOEL concluded FY26 on a strong note, delivering our highest- ever quarterly sales. For Q4, Net Sales reached~ l,~22 crore; 24% YoY increase, bringing our full-year Net Sales to ~5,604 crore, representing 25% annual growth. Our success remains rooted in a commitment to sustainable, profitable growth, evidenced by our double-digit EBITDA margins. This year was marked by a sharp focus on execut[on, deeper market penetration, and disciplined growth across our businesses. Powergen delivered strong performance across the low, medium and high horsepow(;!r segments, resulting in market-share gains. Our Industrial business built strong momentum across Marine, Railways and Construction by expanding into new applications and strengthening engagement with OEMs. Kirloskar Care has begun to gain meaningful traction, driven by improved service penetration and its entry into whole goods. We also undertook a significant initiative to restructure our Fluid Dynamics business, consolidating operations to drive greater efficiency while expanding the product portfolio. Our sustained focus on international markets is beginning to reflect in the results, with international sales growing at a faster pace in FY26. Alongside this, we continued to strengthen operational discipline through improved inventory management and a consistent focus on profitable growth. While our transformation journey towards the '2B28' goal may not always follow a linear path, the strength of our diversified portfolio and operational resilience continues to provide a strong foundation for sustainable growth. We remain steadfast in our commitment to building a robust, execution-driven organization that consistently delivers long-term value to both our investors and customers alike.

Informational and educational content only. Not investment advice.