Kirloskar Electric Company Ltd is one of the major electrical engineering companies in India. In 1888, Laxman Rao Kashinath Kirloskar established an engineering enterprise called Kirloskar Brothers Ltd. Later in 1946, Kirloskar Electric Company Ltd was established. In 1973, the company opened its first overseas operation in Malaysia.
In 2008, Kirloskar Electric Company announced the acquisition of Germany's Lloyd Dynamowerke GmbH & Co KG (LDW). Lloyd Dynamowerke GmbH & Co KG (LDW) was a member of AEG and a manufacturer of drive systems and electrical rotating machines. The rationale behind the acquisition included the achievement of complementary engineering skills, a footprint in Europe and a crucial base of customers.
Currently, it is a listed company and is engaged in the manufacturing as well as sale of products like generators, electric motors, alternators, switchgear, DG sets, transformers, etc. As per the company’s website on 27th February 2024, it has installed 3 million motors since 1946.
The market capitalisation of Kirloskar Electric Company Ltd. stood at over ₹801 crore as of February 27, 2024. KECL share price has jumped nearly 785% in the last three years.
Business Operations
Kirloskar Electric manufactures over 70 products across eight distinct product categories, serving essential sectors of the economy such as power generation, transmission, distribution, transportation, renewable energy, sugar, steel, cement, and related industries.
The company has nine manufacturing locations and 34 sales offices across the country. It also possesses a wide network of dealers of spare parts and service centres. This enables the company to get quality products and exceptional systems and services to its clients at competitive prices. So far, Kirloskar Electric has installed a base of 3 million motors across many industries.
Kirloskar Electric is a reputed exporter in its sector and has been granted the Export House Certificate by the Ministry of Commerce & Industry. Its products are sold in markets spanning the USA, Europe, Singapore, South Africa, Malaysia, Japan, Korea, Indonesia, the Philippines, Thailand, Vietnam and Bangladesh.
The company has also supplied more than 15,000 MVA transformers which are operating in the T&D network. It manufactures transformers up to 100 MVA 220 kV for captive, utilities as well as industrial users.
Kirloskar Electric has five main subsidiaries namely KELBUZZ Trading Private Limited, Luxquisite Parkland Private Limited, SLPKG Estate Holdings Private Limited, SKG Terra Promenade Private Limited and Kirsons BV.
Kirloskar Electric Financial Highlights
- Revenue: Kirloskar Electric reported revenue of ₹600.40 crore in FY26 vs ₹551.57 crore in FY25. It showed an increase of 8.85% on a yearly basis.
- Operating Profit: Kirloskar Electric reported an operating profit of ₹8.68 crore in FY26 vs ₹3.99 crore in FY25. It showed an increase of 117.54% on a year-on-year basis.
- Net Profit: Kirloskar Electric reported a net profit of ₹8.38 crore in FY26 vs ₹3.74 crore in FY25. It showed an increase of 124.06% on a yearly basis.
Kirloskar Electric Quarterly Result Highlights
- Kirloskar Electric reported revenue of ₹104.53 crore in Jun 2026, compared with ₹164.38 crore in Mar 2026, representing a decrease of 36.41% on a quarter-on-quarter (QoQ) basis.
- Kirloskar Electric reported an operating loss of ₹5.95 crore in Jun 2026, compared with ₹0.54 crore in Mar 2026, representing a decrease of 1,001.85% on a quarter-on-quarter (QoQ) basis.
- Kirloskar Electric reported a loss of ₹5.99 crore in Jun 2026, compared with ₹0.63 crore in Mar 2026, reflecting a decrease of 850.79% on a QoQ basis.
- The earnings per share (EPS) of Kirloskar Electric stood at ₹1.26 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
