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.
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.
– The company’s consolidated revenue from operations in FY23 stood at ₹473.55 crore compared to ₹334.67 crore in FY22. – The reported a net profit of ₹31.07 crore in FY23 as against ₹67.39 crore in FY22. – Its EBITDA (earnings before interest, tax, depreciation and amortisation) stood at ₹58.56 crore in FY23 as compared to ₹103.32crore in FY22. – The earnings per share (EPS) stood at ₹4.68 in FY23 as against ₹10.15 in FY22
As of 25 May 2026, Kirloskar Electric share price is ₹125.66. The stock opened at ₹122.60, compared to its previous close of ₹119.68. During today's trading session, Kirloskar Electric share price moved in the range of ₹116.00 to ₹125.66, with an average price of ₹120.83 for the day. Looking at its last 52-week, the stock has touched a low of ₹116.00 and a high of ₹125.66. On the performance front, Kirloskar Electric share price has increased by 20.13% over the last six months and is down 8.06% on a year-on-year basis.
The market capitalization of Kirloskar Electric is ₹796 Crs, with a P/E ratio of 74.9 and a dividend yield of 0.00%.