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- KIRLOSIND
KIRLOSIND
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Recent events
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News
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Corporate Actions
Kirloskar Industries Says Mahesh Chhabria Resigns From Board Effective March 31, 2025
March 5 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES LTD - MAHESH CHHABRIA RESIGNS FROM BOARD EFFECTIVE MARCH 31, 2025
Source text: ID:nNSE5rFZdf
Further company coverage: KIRL.NS
(([email protected];))
March 5 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES LTD - MAHESH CHHABRIA RESIGNS FROM BOARD EFFECTIVE MARCH 31, 2025
Source text: ID:nNSE5rFZdf
Further company coverage: KIRL.NS
(([email protected];))
Kirloskar Industries Dec-Quarter Consol Net Profit 240.4 Million Rupees
Feb 10 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 240.4 MILLION RUPEES
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 16.14 BILLION RUPEES
Source text: ID:nBSEbjJTBm
Further company coverage: KIRL.NS
(([email protected];))
Feb 10 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 240.4 MILLION RUPEES
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 16.14 BILLION RUPEES
Source text: ID:nBSEbjJTBm
Further company coverage: KIRL.NS
(([email protected];))
Israel's Tower Semiconductor ties up with Adani group for $10 bln chip project in India
NEW DELHI, Sept 6 (Reuters) - Israel's Tower Semiconductor TSEM.TA and Adani Group will invest 839.47 billion rupees ($10.01 billion) for a semiconductor project in India's western state of Maharashtra, its chief minister said in a post on X on Thursday.
Two new electric vehicle manufacturing units will also be set up in the state, with Skoda-Volkswagen investing 150 billion rupees while Toyota-Kirloskar will dole out 212.73 billion-rupee for its plant.
($1=83.9020 Indian rupees)
(Reporting by Sakshi Dayal and Tanvi Mehta; Editing by Clarence Fernandez)
(([email protected];))
NEW DELHI, Sept 6 (Reuters) - Israel's Tower Semiconductor TSEM.TA and Adani Group will invest 839.47 billion rupees ($10.01 billion) for a semiconductor project in India's western state of Maharashtra, its chief minister said in a post on X on Thursday.
Two new electric vehicle manufacturing units will also be set up in the state, with Skoda-Volkswagen investing 150 billion rupees while Toyota-Kirloskar will dole out 212.73 billion-rupee for its plant.
($1=83.9020 Indian rupees)
(Reporting by Sakshi Dayal and Tanvi Mehta; Editing by Clarence Fernandez)
(([email protected];))
Kirloskar Industries Qtrly Consol Net Profit 285.4 Mln Rupees
Aug 14 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES QTRLY CONSOL NET PROFIT 285.4 MILLION RUPEES
KIRLOSKAR INDUSTRIES QTRLY CONSOL TOTAL REVENUE FROM OPERATIONS 15.59 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KIRL.NS
(([email protected];))
Aug 14 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES QTRLY CONSOL NET PROFIT 285.4 MILLION RUPEES
KIRLOSKAR INDUSTRIES QTRLY CONSOL TOTAL REVENUE FROM OPERATIONS 15.59 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KIRL.NS
(([email protected];))
India's ISMT set for best day in a month after starting solar power plant
** Shares of ISMT ISMT.NS jumped nearly 12% to a record high of 147 rupees on above average volumes
** Stock last up 6%, set for best one-day gain in a month
** Engineering steel products maker completes solar plant in Maharashtra, which will help it reduce power costs
** Over 4.5 mln shares traded in stock's busiest day in over a month
** Stock up 52% YTD, continuing a 70% climb from 2023
(Reporting by Aleef Jahan in Bengaluru)
** Shares of ISMT ISMT.NS jumped nearly 12% to a record high of 147 rupees on above average volumes
** Stock last up 6%, set for best one-day gain in a month
** Engineering steel products maker completes solar plant in Maharashtra, which will help it reduce power costs
** Over 4.5 mln shares traded in stock's busiest day in over a month
** Stock up 52% YTD, continuing a 70% climb from 2023
(Reporting by Aleef Jahan in Bengaluru)
Kirloskar Industries Says Operations Of Mini Blast Furnace At Hiriyur Plant Resumed
April 17 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
RESUMPTION OF OPERATIONS OF MINI BLAST FURNACE AT HIRIYUR PLANT
Source text for Eikon: ID:nBSEbSV8BP
Further company coverage: KIRL.NS
(([email protected];))
April 17 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
RESUMPTION OF OPERATIONS OF MINI BLAST FURNACE AT HIRIYUR PLANT
Source text for Eikon: ID:nBSEbSV8BP
Further company coverage: KIRL.NS
(([email protected];))
India's ISMT gains on order from state-run ONGC
** Shares of ISMT ISMT.NS rise 3% to 99.2 rupees
** Engineering steel products maker said on Friday it received order worth 3.44 bln rupees ($41.2 mln) from ONGC ONGC.NS for supply of regular casing pipes
** Shares of state-run ONGC up 1.8%
** ISMT trading above its 200-day simple moving avg since March 28
** Stock up ~16% so far in March
($1 = 83.4260 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of ISMT ISMT.NS rise 3% to 99.2 rupees
** Engineering steel products maker said on Friday it received order worth 3.44 bln rupees ($41.2 mln) from ONGC ONGC.NS for supply of regular casing pipes
** Shares of state-run ONGC up 1.8%
** ISMT trading above its 200-day simple moving avg since March 28
** Stock up ~16% so far in March
($1 = 83.4260 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's ISMT rises on plans to declare dividend
** Shares of ISMT ISMT.NS up 2.5% at 93.80 rupees
** Seamless tubes and engineering steel products maker says it will consider declaration of dividend for financial year 2023-24 when the board meets on March 7
** More than 967,000 shares change hands, in-line with 30-day moving average
** Stock up 2.3% YTD after gaining 70.5% in 2023
(Reporting by Kashish Tandon in Bengaluru)
** Shares of ISMT ISMT.NS up 2.5% at 93.80 rupees
** Seamless tubes and engineering steel products maker says it will consider declaration of dividend for financial year 2023-24 when the board meets on March 7
** More than 967,000 shares change hands, in-line with 30-day moving average
** Stock up 2.3% YTD after gaining 70.5% in 2023
(Reporting by Kashish Tandon in Bengaluru)
Kirloskar Industries Dec-Qtr Consol Net Profit Falls
Feb 9 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 429.5 MILLION RUPEES VERSUS PROFIT 629.6 MILLION RUPEES
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 15.54 BILLION RUPEES VERSUS 16.06 BILLION RUPEES
Source text for Eikon: ID:nBSE35T2Y3
Further company coverage: KIRL.NS
(([email protected];;))
Feb 9 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL NET PROFIT 429.5 MILLION RUPEES VERSUS PROFIT 629.6 MILLION RUPEES
KIRLOSKAR INDUSTRIES DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 15.54 BILLION RUPEES VERSUS 16.06 BILLION RUPEES
Source text for Eikon: ID:nBSE35T2Y3
Further company coverage: KIRL.NS
(([email protected];;))
India's ISMT rises on Q2 profit jump; approves setting up solar plant
** Shares of ISMT ISMT.NS up as much as 10.5% to 82.70 rupees, their biggest intra day pct gain since July 27
** Seamless tubes and engineering steel products maker reported a ~70% YoY rise in its Sept-qtr consol net profit; rev from ops up 5.6% YoY
** Profit helped by higher sales and lower costs; total expenses down 3% YoY
** Separately, ISMT also approved to set up solar plant with a capacity of 100 MW; total invest up to 3.33 bln rupees ($40 mln)
** ~2.2 mln shares change hands as of 12:02 p.m. IST, 6.4x the 30-day moving avg
** Stock last up 7%, extending YTD gains to ~49%
($1 = 83.2440 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of ISMT ISMT.NS up as much as 10.5% to 82.70 rupees, their biggest intra day pct gain since July 27
** Seamless tubes and engineering steel products maker reported a ~70% YoY rise in its Sept-qtr consol net profit; rev from ops up 5.6% YoY
** Profit helped by higher sales and lower costs; total expenses down 3% YoY
** Separately, ISMT also approved to set up solar plant with a capacity of 100 MW; total invest up to 3.33 bln rupees ($40 mln)
** ~2.2 mln shares change hands as of 12:02 p.m. IST, 6.4x the 30-day moving avg
** Stock last up 7%, extending YTD gains to ~49%
($1 = 83.2440 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
Kirloskar Industries NCLT Approved Resolution Plan Of Oliver Engineering Submitted By Unit
Sept 14 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
NCLT APPROVED RESOLUTION PLAN OF OLIVER ENGINEERING SUBMITTED BY UNIT
Source text for Eikon: ID:nBSE5RZXNQ
Further company coverage: KIRL.NS
(([email protected];))
Sept 14 (Reuters) - Kirloskar Industries Ltd KIRL.NS:
NCLT APPROVED RESOLUTION PLAN OF OLIVER ENGINEERING SUBMITTED BY UNIT
Source text for Eikon: ID:nBSE5RZXNQ
Further company coverage: KIRL.NS
(([email protected];))
India's Kirloskar Industries climbs nearly 16% on profit surge in Q4
** Shares of Kirloskar Industries Ltd KIRL.NS rise as much as 15.87% - biggest intraday pct gain since June 2022 - to 2,920 rupees
** Uptick after the company, engaged in wind power generation, reports a sharp surge in consolidated net profit in March quarter nFWN37J225
** Net profit rises to 438.7 mln rupees in fourth quarter from 1.2 mln rupees a year earlier
** Consolidated revenue up 52% Y/Y at 15.75 bln rupees
** Co also declares a dividend of 11 rupees per share and approves sale of windmills business in Maharashtra to ISMT Ltd ISMT.NS for 54 mln rupees
** Stock is most active in nearly two weeks, with a trading volume of 48,910 as of 2:13 p.m. IST, 6.6 times the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Kirloskar Industries Ltd KIRL.NS rise as much as 15.87% - biggest intraday pct gain since June 2022 - to 2,920 rupees
** Uptick after the company, engaged in wind power generation, reports a sharp surge in consolidated net profit in March quarter nFWN37J225
** Net profit rises to 438.7 mln rupees in fourth quarter from 1.2 mln rupees a year earlier
** Consolidated revenue up 52% Y/Y at 15.75 bln rupees
** Co also declares a dividend of 11 rupees per share and approves sale of windmills business in Maharashtra to ISMT Ltd ISMT.NS for 54 mln rupees
** Stock is most active in nearly two weeks, with a trading volume of 48,910 as of 2:13 p.m. IST, 6.6 times the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's ISMT gains nearly 6% on rise in Q4 core profit
** Shares of ISMT Ltd ISMT.NS rise as much as 5.79% to 75.85 rupees, a two-week high
** The seamless tubes and engineering steel products' maker reports core profit at 634 mln rupees compared to an operating loss of 64.9 mln rupees in Q4FY2022
** Revenue up 12% at 6.50 bln rupees in March quarter nFWN3700VG
** Co reports a slide in consolidated net profit in Q4 of 83.8 mln rupees from 25.46 bln rupees, a year ago
** Co reported an exceptional item of 25.11 bln rupees in Q4FY2022 boosting its profit
** Trading volume is 1.22 mln shares as of 3:09 p.m. IST, 1.5x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of ISMT Ltd ISMT.NS rise as much as 5.79% to 75.85 rupees, a two-week high
** The seamless tubes and engineering steel products' maker reports core profit at 634 mln rupees compared to an operating loss of 64.9 mln rupees in Q4FY2022
** Revenue up 12% at 6.50 bln rupees in March quarter nFWN3700VG
** Co reports a slide in consolidated net profit in Q4 of 83.8 mln rupees from 25.46 bln rupees, a year ago
** Co reported an exceptional item of 25.11 bln rupees in Q4FY2022 boosting its profit
** Trading volume is 1.22 mln shares as of 3:09 p.m. IST, 1.5x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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What does Kirloskar Industries do?
Founded in 1978, Kirloskar Oil Engines Limited (KOEL) is a leading manufacturer of Diesel Engines, Engine Bearings, Engine Valves, Diesel Generating Sets, and Grey Iron Castings. They also operate in Windpower Generation and Investments.
Who are the competitors of Kirloskar Industries?
Kirloskar Industries major competitors are Steelcast, MM Forgings, Alicon Castalloy, Rishabh Instruments, Nelcast, Synergy Green Inds., Tirupati Forge. Market Cap of Kirloskar Industries is ₹3,344 Crs. While the median market cap of its peers are ₹1,106 Crs.
Is Kirloskar Industries financially stable compared to its competitors?
Kirloskar Industries seems to be less financially stable compared to its competitors. Altman Z score of Kirloskar Industries is 2.47 and is ranked 8 out of its 8 competitors.
Does Kirloskar Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kirloskar Industries latest dividend payout ratio is 6.44% and 3yr average dividend payout ratio is 5.5%
How has Kirloskar Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Kirloskar Industries balance sheet?
Balance sheet of Kirloskar Industries is moderately strong.
Is the profitablity of Kirloskar Industries improving?
The profit is oscillating. The profit of Kirloskar Industries is ₹282 Crs for TTM, ₹200 Crs for Mar 2024 and ₹218 Crs for Mar 2023.
Is the debt of Kirloskar Industries increasing or decreasing?
Yes, The debt of Kirloskar Industries is increasing. Latest debt of Kirloskar Industries is ₹1,161 Crs as of Sep-24. This is greater than Mar-24 when it was ₹989 Crs.
Is Kirloskar Industries stock expensive?
Yes, Kirloskar Industries is expensive. Latest PE of Kirloskar Industries is 20.3, while 3 year average PE is 13.23. Also latest EV/EBITDA of Kirloskar Industries is 5.61 while 3yr average is 4.39.
Has the share price of Kirloskar Industries grown faster than its competition?
Kirloskar Industries has given better returns compared to its competitors. Kirloskar Industries has grown at ~-22.74% over the last 1yrs while peers have grown at a median rate of -23.73%
Is the promoter bullish about Kirloskar Industries?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Kirloskar Industries is 72.56% and last quarter promoter holding is 72.57%
Are mutual funds buying/selling Kirloskar Industries?
The mutual fund holding of Kirloskar Industries is increasing. The current mutual fund holding in Kirloskar Industries is 0.04% while previous quarter holding is 0.02%.