KIRLOSKAR BROTHERS LTD.-$

Kirloskar Brothers Ltd has announced that its Board of Directors will convene on October 27, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The results will be presented on both a standalone and consolidated basis.

Kirloskar Brothers Ltd has been informed by its statutory auditors, M/s. Sharp & Tannan Associates, Chartered Accountants, of their conversion into a Limited Liability Partnership (LLP) named Sharp & Tannan Associates LLP, effective September 24, 2026. This conversion, under the Limited Liability Partnership Act, 2008, does not alter the audit engagement. Sharp & Tannan Associates LLP will continue as the company's statutory auditors for the remainder of their tenure, maintaining their responsibilities. The ICAI Firm Registration Number for the LLP is 109983W/W101313.

Kirloskar Brothers Ltd has been assigned an ESG Rating of 70 under the "Aspiring" category by NSE Sustainability Ratings & Analytics Limited. The company stated that it did not engage NSE Sustainability for this rating, and the rating was published independently by NSE Sustainability on its website. Kirloskar Brothers is making this disclosure based on information received from BSE.

Kirloskar Brothers Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from October 01, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. The date for the board meeting to approve these financial results will be communicated separately.

Kirloskar Brothers Ltd announced the appointment of Dr. Madhuri Kanitkar as an Additional Director (Independent Woman Director) effective September 15, 2026. The appointment, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval. Dr. Kanitkar, a retired Lieutenant General from the Indian Army with extensive experience in medical administration and policy, will serve for a term of 5 years. The Board approved this circular resolution on September 07, 2026.

Kirloskar Brothers Ltd announced that the Hon'ble Supreme Court of India, by an order dated August 11, 2026, has disposed of Special Leave Petitions related to a dispute arising from a 2009 Family Settlement Deed. The court has directed the constitution of a three-member Arbitral Tribunal to adjudicate the disputes. Justice Nitin Madhukar Jamdar and Justice K. R. Shriram have been appointed as nominee arbitrators for the company and respondents, respectively. They are tasked with jointly appointing a presiding arbitrator within four weeks. The seat of arbitration will be Pune. Crucially, the Supreme Court has left all contentions regarding arbitrability and the scope of the arbitration clause open for the Arbitral Tribunal to decide as a preliminary issue.

Kirloskar Brothers Ltd has been assigned an ESG rating by ESG Risk Assessments & Insights Limited. The company clarified that it did not engage the rating provider for this assessment, and the rating was submitted to BSE independently. This disclosure is made based on information received from BSE.

Kirloskar Brothers Ltd (KBL) has seen its ESG rating upgraded by CRISIL ESG Ratings & Analytics Limited. The rating improved to 'CRISIL ESG 66' from 'CRISIL ESG 54', moving the company's score into the 'Strong' category from 'Adequate'. This upgrade reflects enhanced performance across Environmental (E), Social (S), and Governance (G) pillars. Additionally, KBL received a Core ESG rating of 'CRISIL Core ESG 69'. The assessment was based on publicly available disclosures and information.

Kirloskar Brothers Limited (KBL) announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved both standalone and consolidated results. The company also received a limited review report from its statutory auditors. The results are available on the company's website. The filing also noted dividend received from a group company and an exceptional item related to new labor codes.

Kirloskar Brothers delivered its guided return to double-digit topline growth in Q1 FY27 — consolidated revenue rose 12.9% YoY to ₹1,104.9 Cr — but the bottom line failed to follow, with net profit essentially flat at ₹67.6 Cr versus ₹67.5 Cr a year ago (EPS ₹8.39 vs ₹8.40). The 39.7% sequential fall in PAT and 21.9% drop in revenue are largely seasonal, as Q4 is the year-end execution peak for the pump maker; YoY is the cleaner read, and it shows growth delivered on the top line but stalled on the bottom. The gap sits on margins. Net profit margin compressed to 6.1% from 6.9%, and operating margin eased to ~10.5% from ~11.4%, as cost of materials (+15.3% YoY) and employee expense (+15% YoY) both outran the 12.9% revenue gain. A mix shift toward faster-growing but lower-margin international operations is a factor: overseas revenue jumped 18.5% YoY to ₹422.9 Cr while domestic rose 9.6% to ₹682.0 Cr. The consolidated–standalone divergence is telling — the standalone (domestic parent) grew PAT 14.9% YoY to ₹54.0 Cr on 8.6% revenue growth, a materially better profit trajectory than the flat consolidated line, confirming that the foreign subsidiaries (one posted a ₹5.5 Cr loss in the quarter) diluted group profitability. The print broadly meets management's May guidance for a return to double-digit growth underpinned by a 30% domestic / 21% international order-book expansion — this quarter's international outperformance is consistent with that book, and concurrent developments support the thrust, with subsidiary SPP Pumps securing a GBP 11.7M order in July. But the promised operational-efficiency gains and international-margin-mix improvement have yet to show in the numbers. There were no exceptional items this quarter (the year-ago quarter carried only a ₹0.3 Cr VRS charge), so the flat YoY profit is clean rather than one-off-distorted. No brokerage consensus is on record for this mid-cap and the company gives no formal margin guidance; the Q1 earnings call is scheduled for August 3, where margin trajectory and order-book conversion will be the key questions into H2.