Kirloskar Brothers Ltd. · NSE:KIRLOSBROS
Kirloskar Brothers — Q1 FY26 Earnings Presentation
50 slides from Kirloskar Brothers's earnings presentation, Aug 1, 2025
Slide 1: Exchange filing cover letter for investor presentation
SEC/ F:25 August 01, 2025 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department, 5th Floor, Exchange Plaza, 2nd Floor, New Trading Ring, Bandra (East), Phiroze Jeejeebhoy Towers, Mumbai - 400 051. Dalal Street, Mumbai – 400 001. (BSE Scrip Code – 500241) (NSE Symbol - K
Slide 2: Investor Presentation Q1FY26
KIRLOSKAR BROTHERS LIMITED Established 1888 A Kirloskar Group Company INVESTOR PRESENTATION Q1FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Kirloskar Brothers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: KBL's Transformation: Unleashing our True Potential
KBL’s Transformation: Unleashing our True Potential Our Ongoing Transformation Journey ➢ Transformation = Culture at KBL • Not just change, but a deep-rooted mindset of growth, resilience, and excellence. ➢ External Adaptation + Internal Reinvention • Responding to market shifts while evolving from
Slide 5: Q1FY26 Highlights
Enriching Lives Q1FY26 Highlights
Slide 6: Q1FY26 Consolidated Highlights
Q1FY26 Consolidated Highlights Revenue from Operations EBITDA PAT -5.0% y-o-y +0.5% y-o-y +2.9% y-o-y Rs. 979 crores Rs. 128 crores Rs. 68 crores This is a proprietary document of Kirloskar Brothers Limited 5
Slide 7: Consolidated Financial Trend
Consolidated Financial Trend Revenue (Rs.in Crs.) EBITDA Margin (%) PAT Margin (%) 1,281 18.6% 12.5% 1,224 1,144 16.8% 16.0% 10.4% 10.8% 1,031 1,036 15.1% 965 979 14.3% 9.3% 913 13.0% 8.5% 12.3% 10.6% 6.9% 6.4% 5.6% Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY24 Q3FY24 Q4FY24 Q1FY25
Slide 8: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (In Rs. Cr.) Q1FY26 Q1FY25 YoY Net Revenue from Operations 979.0 1,030.9 -5.0% Other Income 15.9 15.3 COGS 466.3 520.3 Employee Expenses 184.4 174.5 Other Expenses 216.6 224.4 EBITDA 127.6 127.0 0.5% EBITDA Margin (%)1 13.0% 12.3% 70 bps Finance Costs
Slide 9: Q1FY26 Key Financials Performance
Q1FY26 Key Financials Performance (Rs.in Crs.) KBL KCPL KPML* KBIBV Elimination Total Growth Companies Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 YoY Revenue 621 665 15 11 151 160 337 344 (145) (149) 979 1,031 (5.0%) EBITDA 79 72 3 2 19 19 24 33 3 1 128 127 0
Slide 10: Q1FY26 KBIBV Group Financials
Q1FY26 KBIBV Group Financials (Rs.in Crs.) KBTL (Thailand+ SPP UK SPP Inc (USA) Dutch Group SPP Mena SA Group KBIBV Standalone Elimination KBIBV Group Growth Singapore) Companies Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Q1
Slide 11: Domestic & Overseas Orderbook Position
Domestic & Overseas Orderbook Position Robust Orderbook Implying Strong Revenue Visibility Orderbook and Pending Order Position (In Rs. crores) Standalone Pending Order book (In Rs. crores) KBL & Domestic Subsidiaries Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Sector^ Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1
Slide 12: About Us
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Slide 13: Company at Glance
Company at Glance One of the 1st AtmaNirbhar organization. India’s 1St & Product Offering largest pump manufacturer. Made some of India’s 1st 250+ Increasing the mix of value-added products, end-to- Presence Since end solutions and new product launches by engineering products including Iron Plough,
Slide 14: Legacy of 137+ Years
Legacy of 137+ Years IDEATE INNOVATE 1888-1958 1988-2009 2010-2020 IMPLEMENT Establishment & Strategic & Technology Acquisition Phase Restructuring Phase Expansion 2021 Onwards • 1888 : Establishment of ➢ 1988 : Established Kirloskar ➢ 2010 : Acquired Braybar Pumps Kirloskar Brothers Ebara Pumps Ltd
Slide 15: The Timeless Journey of Unmatched Excellence
The Timeless Journey of Unmatched Excellence This is a proprietary document of Kirloskar Brothers Limited 14
Slide 16: Our Business & Product line
Our Business & Product line Our Presence Our Business Application Oil & Gas Painter Network Marine & Defence ➢ 75+ Types of Pumps Large & Medium pumping Valves for industrial and solutions for complex fluid large-scale applications management system ➢ Flow up to 120,000 m³/hr. (529,000 US GPM) Small
Slide 17: Exemplary Endeavors: Charting Our Path of Impact
Exemplary Endeavors: Charting Our Path of Impact Building & Construction Power KBL is first & leading manufacturer of critical pumps for nuclear power in India. Supplied primary & Hong Kong–Zhuhai–Macau Marina Bay Sands, Bhavini Fast Breeder secondary sodium pump to The Shard, UK Bridge ITER, France
Slide 18: State-Of-The-Art Manufacturing Facilities
State-Of-The-Art Manufacturing Facilities KIRLOSKARVADI, Est. in 1910 KBL’s 1st plant, with facilities starting from foundry to machining, assembly, & testing SANAND, Est. in 2012 of various pumps ranging from 5 kW to “The Submersible Pump Capital of India”. 4,500 kW Factory exclusively for borewell
Slide 19: Our Innovative Solutions
Our Innovative Solutions Solar Pumping System Concrete Volute Pump KirloSmart Fire Lowest Life-Cycle Cost (LLC) Pump Primary Cooling Pump (PCP) for Pressurised IoT based remote monitoring solution Heavy Water Reactor (PHWR) KirloSmart Augmented Reality Mobile Training Additive Manufacturing 3D Print
Slide 20: Global Footprint Through Local Presence
Global Footprint Through Local Presence Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. This is a proprietary document of Kirloskar Brothers Limited 19
Slide 21: Highly Qualified Management Team
Highly Qualified Management Team Mr. Alok Kirloskar Ms. Rama Kirloskar Mr. Bhavesh Chheda Mr. Sanjay Kirloskar Director – KBL Joint Managing Director- KBL Chief Financial Officer Chairman & Managing Director Managing Director – SPP UK Managing Director – KEPL CEO – KBI B.V. ➢ Holds Bachelor’s in Sci
Slide 22: Board of Directors
Board of Directors Mr. M. S. Unnikrishnan Mr. Shrinivas V. Dempo Mr. Shobinder Duggal Ms. Ramni Nirula Ms. Rekha Sethi Independent Director Independent Director Independent Director Independent Director Independent Director ➢ Former MD & CEO of Thermax Group ➢ M.Sc. in Industrial Administration & ➢
Slide 23: Long Standing Relationships with Marquee Clientele
Long Standing Relationships with Marquee Clientele.. This is a proprietary document of Kirloskar Brothers Limited All logos are the property of the respective owners 22
Slide 24: Our Joint Ventures & Subsidiaries
Our Joint Ventures & Subsidiaries
Slide 25: Group Structure
Group Structure Kirloskar Brothers Limited Karad Projects and Kirloskar Corrocoat Pvt. Kirloskar Ebara Pumps Kirloskar Brothers International Motors Ltd. (100%) Ltd. (65%) Ltd. (45%) B.V. (The Netherlands) (100%) The Kolhapur Steel Ltd. (100%) SPP Pumps Kirloskar Pompen B.V. Rodelta Pumps Kirloskar
Slide 26: Leveraging the localized global presence
Leveraging the localized global presence KBL is leveraging the localised global presence through cost-synergies, duty-free access and local sourcing norms Cost Synergies Duty-free Access & preference Local Sourcing Norms and to Local Manufacturers Regulations ➢ Reduction in turnaround time ➢ Duty-fr
Slide 27: Kirloskar Brothers International B.V., The Netherlands
Kirloskar Brothers International B.V.*, The Netherlands Genesis Product Profile Industries Catered Geographies Catered ➢ Wholly owned subsidiary of Kirloskar ➢ Bi-directional Axial Flow ➢ Chemicals ➢ Flood Control ➢ Cambodia ➢ Philippines Brothers Limited pumps ➢ Poland ➢ Commercial Building ➢ HVAC
Slide 28: SPP Pumps Limited
SPP Pumps Limited Genesis Product Profile Industries Catered Geographies Catered ➢ 145+ years of heritage with ➢ Lowest Life Cycle Pumps for ➢ Commercial Building ➢ Italy R&D, manufacturing and test water ➢ Transformer ➢ UK facilities in the UK ➢ Supply and industrial ➢ Oil & Gas ➢ USA ➢ 1st in the
Slide 29: Dutch Entities Consolidated
Dutch Entities Consolidated Genesis Product Profile Industries Catered Geographies Catered ➢ Established by Sulzer in 1946, ➢ API Pumps conforming to API- ➢ Oil & Gas Midstream ➢ China acquired by KBL in June 2015 610 standards, 12th edition ➢ Waste-Water ➢ Benelux is a leading manufacturer of API ➢
Slide 30: Kirloskar Brothers (Thailand) Limited, Thailand
Kirloskar Brothers (Thailand) Limited, Thailand Genesis Product Profile Industries Catered Geographies Catered ➢ FM approved Assembly and ➢ Fire fighting pumps ➢ Chemicals ➢ Thailand packaging for sales of ➢ Chemical pumps ➢ Mining ➢ Singapore centrifugal pump-sets in South- East Asia ➢ Water supply
Slide 31: Braybar Pumps Limited, South Africa
Braybar Pumps Limited, South Africa Genesis Product Profile Industries Catered Geographies Catered ➢ Manufacturing and sales of ➢ Fire fighting pumps ➢ Mining (Copper, Gold, ➢ South Africa high head multi-stage pumps, Uranium) ➢ Mine de-watering pumps ➢ Zambia rubber lined slurry pumps and ➢ Water s
Slide 32: Karad Projects And Motors Limited (KPML)
Karad Projects And Motors Limited (KPML) Genesis Product Profile Industries Catered Geographies Catered ➢ KPML is a wholly owned ➢ Stamping: Electrical Stampings, ➢ Pumps ➢ India subsidiary of KBL. Core packs, Wound Stators, ➢ Hermetic Compressors ➢ Austria Die Cast Rotors, Copper ➢ 3 manufacturing
Slide 33: Kirloskar Ebara Pumps Limited
Kirloskar Ebara Pumps Limited Genesis Product Profile Industries Catered Geographies Catered ➢ JV in 1988 between KBL and ➢ Pumps: Centrifugal pumps as ➢ Oil & Gas (Downstream – ➢ Indian Subcontinent Ebara Corporation to per API 610, Multistage Boiler Refinery, Pipelines and ➢ Europe manufacture and
Slide 34: The Kolhapur Steel Limited (TKSL)
The Kolhapur Steel Limited (TKSL)* Genesis Product Profile Industries Catered Geographies Catered ➢ Established in the year 1965. High Grade Steel Alloy Castings ➢ Turbomachines ➢ India for ➢ TKSL is a wholly owned ➢ Shipping & Heavy Engineering ➢ South Korea subsidiary of KPML ➢ Pumps ➢ Earthmoving
Slide 35: Kirloskar Corrocoat Private Limited
Kirloskar Corrocoat Private Limited Genesis Product Profile Industries Catered Geographies Catered ➢ JV between KBL and Corrocoat Anti Corrosion Coating Materials : ➢ Oil & Gas ➢ Pump and Valve Users Ltd. U.K. Company Corroglass - High performance ➢ Petrochemicals ➢ Oil Refineries manufactures glass
Slide 36: Strategic Focus
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Slide 37: A Unique Value Proposition
A Unique Value Proposition ➢ Leveraging innovations and product/ service offerings across subsidiaries to synergize the value proposition like • KEPL focuses on downstream Oil and Gas solutions, ➢ From Conceptualization to SPP Pumps focuses on upstream Oil and Manufacturing to Implementation Gas sol
Slide 38: Staying Ahead of the Curve through Digital Initiatives
Staying Ahead of the Curve through Digital Initiatives ➢ Over a decade, KBL has strategically invested in various strategic digital initiatives ➢ Provides Technological Advantage and additional revenue streams in services business ➢ Salesforce (SFDC) and SAP-S4 HANA for Automation and ERP Solutions
Slide 39: Subscription Platform - Creating Market Opportunity
Subscription Platform - Creating Market Opportunity Traditional KBL’s Innovative Solution - Solution Suscription Platform ➢ Manage customer site, refurbish, ➢ Proprietary Innovative Solution by repair & upgrade all pumps in KBL phased manner ➢ Remote failure prediction analytics, NEW OLD troubleshoo
Slide 40: Way Ahead
Way Ahead…. Strategy Going Forward Change in Strategy Increase share of va lue -a dded Reduced EPC business exposure and increased contribution Focus on Value-Added p roduc t s ac ross geographies and from Services & Value-Added Products Products & Services sub sc rip t ion servic es in k ey int ern
Slide 41: Historical Performance
Enriching Lives Historical Performance
Slide 42: Historical Financial Performance - Consolidated
Historical Financial Performance - Consolidated Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 4,492.2 681.1 418.7 4,001.2 3,730.2 578.2 349.7 3,057.6 2,716.5 426.3 235.8 294.3 238.5 160.7 94.3 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 EBITDA Margin (%) PA
Slide 43: Historical Financial Performance - Consolidated
Historical Financial Performance - Consolidated EPS (in Rs.) Net Worth (Rs. Crores) Leverage (X) 52.3 2,101.4 0.3 43.8 1,724.1 0.3 1,407.4 0.2 29.6 1,107.2 1,180.2 20.3 0.1 0.1 11.9 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 RoCE (%) RoE(%) 28.0% 22.3% 21.9% 26.4% 21.
Slide 44: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY21 FY22 FY23 FY24 FY25 Net Revenue from Operations (Net of Excise) 2,716.5 3,057.6 3,730.2 4,001.2 4,492.2 Other Income 53.8 32.4 27.3 58.6 71.9 Materials Consumed 1,449.5 1,680.3 1,954.7 1,983.0 2,197.8 Employee Expenses 488.8 501.5 56
Slide 45: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Particulars (Rs. Crores) FY21 FY22 FY23 FY24 FY25 Particulars (Rs. Crores) FY21 FY22 FY23 FY24 FY25 Non Current assets Equity Property, Plant and Equipment 428.4 487.0 481.4 578.7 590.8 Equity Share capital 15.9 15.9 15.9 15.9 15.9 Capital work in progress 72.9 2
Slide 46: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. Crores) FY21 FY22 FY23 FY24 FY25 Profit Before Taxes 182.1 135.5 318.1 480.6 559.1 Changes in working capital 170.1 18.8 81.3 20.4 -10.0 Cash generated from operations 352.2 154.3 399.4 501.0 549.1 Direct taxes paid (net of refund) 35.8 41.4 67.4 126
Slide 47: Awards & Accolades
Awards & Accolades SPP Pumps UK - Manufacturer of Dewas - Golden Peacock Golden Peacock Award for Dewas and KEPL- Received The the Year at prestigious Pump National Quality Award Environment Management Award For Excellence In Consistent Industry Award (PIA), marking 3rd TPM Commitment consecutive wi
Slide 48: ESG Initiatives
ESG Initiatives Environmental Social Governance • Enhancement of renewable energy- power purchase agreement for • Vikas Charitable Trust established in 1994 • Sustainability reporting since 2009-10 and integrated reporting 13.5 KwH open access solar • CSR activities revolves around Education, Employ
Slide 49: Shaping Tomorrow: A Commitment to CSR
Shaping Tomorrow: A Commitment to CSR All-women operated manufacturing facility in Kaniyur & 35% women workforce in Sanand factory is testimony towards gender equality and women empowerment KBL conducts an array of activities and campaigns throughout the year. The company focuses on three areas for
Slide 50: Thank you
Thank you Company Investor Relations Advisor CIN: U74140MH2010PTC204285 CIN: L29113PN1920PLC000670 Ms. Ami Parekh / Mr. Pratik Shah Mr. Bhavesh Chheda E: ami.parekh@sgapl.net / p.s.shah@sgapl.net Email: bhavesh.chheda@kbl.co.in T: +91 8082466052 / +91 9870030585 www.kirloskarpumps.com www.sgapl.net