Kirloskar Brothers Ltd. · NSE:KIRLOSBROS
Kirloskar Brothers — Q2 & H1FY27 Earnings Presentation
52 slides from Kirloskar Brothers's earnings presentation, Oct 28, 2026
Slide 1: Exchange cover letter for updated investor presentation
KIRLOSKAR BROTHERS LIMITED A Kirloskar Group Company SEC/ F:26 October 28, 2026 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, Mumba
Slide 2: Investor Presentation Q2 & H1FY27
KIRLOSKAR BROTHERS LIMITED Enriching Lives INVESTOR PRESENTATION Q2 & H1FY27 A Kirloskar Group Company | Established 1888 | Pumps · Valves · Hydro Turbines
Slide 3: Safe Harbour
Safe Harbour 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 s
Slide 4: A Century of Engineering Leadership
A Century of Engineering Leadership Legacy • In 1926, KBL created history by manufacturing and installing India's first indigenous centrifugal pump • 138 years of engineering excellence • Trusted brand built on innovation and reliability Scale • Global leader in turbomachinery and fluid management •
Slide 5: Q2 & H1FY27 Highlights
Q2 & H1FY27 Highlights
Slide 6: Q2 & H1FY27 Consolidated Highlights
Q2 & H1FY27 Consolidated Highlights Revenue EBITDA PAT (Rs. Mn) (Rs. Mn) (Rs. Mn) Rs. 1,432 +16% YoY Rs. 747 +4% YoY Q2 Rs. 12,767 +24% YoY Q2 Q2 Margin 11.2% Margin 5.9% Rs. 2,738 +9% YoY Rs. 1,423 +2% YoY H1 Rs. 23,816 +19% YoY H1 H1 Margin 11.5% Margin 6.0% This is a proprietary document of Kirlo
Slide 7: Consolidated Financial Trend
Consolidated Financial Trend Revenue (Rs. Mn.) EBITDA Margin (%) PAT Margin (%) 14,151 16.8% 11.2% 16.0% 10.4% 10.8% 12,810 12,767 15.1% 14.8% 14.4% 9.3% 11,442 11,162 11,049 13.0% 10,359 9,790 10,277 12.0% 11.8% 11.2% 7.9% 6.9% 7.0% 6.1% 5.9% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27
Slide 8: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Mn) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY Net Revenue from Operations 12,767 10,277 24% 23,816 20,067 19% Other Income 189 151 337 310 COGS 6,669 4,922 12,049 9,585 Gross Profit 6,287 5,506 14% 12,104 10,792 12% Gross Margin (%) 49.2% 53.6% 50.8% 5
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. Mn.) 30th Sep 26 31st Mar 26 Particulars (Rs. Mn.) 30th Sep 26 31st Mar 26 Non Current assets Equity Property, Plant and Equipment 6,344 6,161 Equity Share capital 159 159 Capital work in progress 545 585 Intangible assets 121 103 Other Equity 25,529 24,48
Slide 10: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. Mn) H1FY27 H1FY26 Profit Before Taxes 1,996 1,942 Changes in working capital -1,838 -138 Cash generated from operations 158 1,804 Direct taxes paid (net of refund) 738 748 Net Cash from Operating Activities -580 1,056 Net Cash from Investing Activiti
Slide 11: Q2 & H1FY27 Key Financials Performance
Q2 & H1FY27 Key Financials Performance KBL (Rs. Mn.) KCPL (Rs. Mn.) KPML (Rs. Mn.) KBIBV (Rs. Mn.) Elimination Total Companies (Rs. Mn) Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Revenue 7,991 6,505 199 185 2,389 1,532 4,420 3,565 -2,232 -1,511 12,767 10,277
Slide 12: Q2 & H1FY27 KBIBV Group Financials
Q2 & H1FY27 KBIBV Group Financials KBTL (Thailand+ SPP UK SPP Inc (USA) Dutch Group SPP Mena SA Group Elimination KBIBV Group Singapore) Companies (Rs. Mn) Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Revenue 2,106 1,511 1,706 1,396
Slide 13: Domestic & Overseas Orderbook Position
Domestic & Overseas Orderbook Position Robust Orderbook Implying Strong Revenue Visibility Orderbook and Pending Order Position (Rs. Mn) Standalone Pending Order book (Rs. Mn) KBL & Domestic Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Sector^ Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Subsidiaries Orders r
Slide 14: About Us
About Us
Slide 15: Company at Glance
Company at Glance 1 Inherent Strength Built Over Time 2 Diversified Product Portfolio Catering to Applications Presence Since — 138+ Years Product Offering — 250+ Product Offerings & 100,000+ SKUs 138+ One of the 1st AtmaNirbhar organization. India's 1st & largest pump 250+ Increasing the mix of val
Slide 16: Legacy of 138+ Years
Legacy of 138+ Years IDEATE INNOVATE IMPLEMENT 1888-1958 1988-2009 2010-2020 Establishment & Acquisition Strategic & Technology Restructuring Phase Phase Expansion 2021 Onwards • 1888 : Establishment of ➢ 1988 : Established Kirloskar ➢ 2010 : Acquired Braybar Kirloskar Brothers Ebara Pumps Ltd. & Ac
Slide 17: Our Business & Product line
Our Business & Product line Our Presence 75+ 0.3 kW–30 MW 120,000 m³/hr 3,200 m 30+ Types of Pumps Power Range Maximum Flow Maximum Head Types of Valves Valves PICO PAT Hydel Turbine 2,000+ Lowest Life Cycle Cost 6 mm–5,000 mm dia. 0.5 kW to5.0 kW 6 kW to100 kW Up to 20 MW (LLC ) pumps, worldwide Ou
Slide 18: 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 & secondary Hong Kong–Zhuhai–Macau Marina Bay Sands, Bhavini Fast Breeder The Shard, UK Bridge ITER, France CGPL Mundhra,
Slide 19: State-Of-The-Art Manufacturing Facilities
State-Of-The-Art Manufacturing Facilities KIRLOSKARVADI Est. 1910 DEWAS Est. 1962 KBL’s 1st plant, with facilities starting from Our 2nd largest plant with well-equipped foundry to machining, manufacturing, facility for various pumps for agriculture, assembly, & testing of various pumps ranging dome
Slide 20: Our Innovative Solutions
Our Innovative Solutions Solar Pumping System Concrete Volute Pump INM Pump Series Lowest Life-Cycle Cost Primary Cooling Pump (PCP) for IoT based remote monitoring Pressurized Heavy Water (LLC) Pump Reactor(PHWR) solution KirloSmart Augmented Reality Mobile Additive Manufacturing 3D Petro Turbo Tra
Slide 21: Global Footprint Through Local Presence
Global Footprint Through Local Presence This is a proprietary document of Kirloskar Brothers Limited 20
Slide 22: 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 23: Board of Directors
Board of Directors Ms. Rekha Sethi Mr. Vivek Pendharkar Mr. Vinayak Deshpande Mr. Pradyumna Vyas Independent Director Independent Director Independent Director Independent Director ➢ An alumnus of St Stephens College, ➢ SEP, Business Admin from Stanford ➢ Graduate in Chemical Engineering from ➢ Prof
Slide 24: Long Standing Relationships with Marquee Clientele
Long Standing Relationships with Marquee Clientele.. Note: Brand Names mentioned are the property of their respective owners and are used here for identification purposes only. This is a proprietary document of Kirloskar Brothers Limited 23
Slide 25: Our Joint Ventures & Subsidiaries
Our Joint Ventures & Subsidiaries
Slide 26: 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%) SPP Pumps Kirloskar Pompen B.V. Rodelta Pumps Kirloskar Brothers Micawber 784 SPP Pump
Slide 27: 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 01 Cost Synergies Duty-free Access & ➢ Reduction in turnaround time 02 preference to Local ➢ Lower freight costs Manufacturers ➢ Subsidiaries do
Slide 28: 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 pumps ➢ Chemicals ➢ Flood Control ➢ Cambodia ➢ Malaysia Brothers Limited ➢ Philippines ➢ Chemical pumps ➢ Commerci
Slide 29: 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 ➢ Data Centers ➢ UK facilities in the UK ➢ Supply and industrial ➢ Transformer ➢ USA ➢ 1st in t
Slide 30: Dutch Entities Consolidated
Dutch Entities Consolidated Genesis Product Profile Industries Catered Geographies Catered ➢ Established by Sulzer in 1946, ➢ API Pumps conforming to ➢ Oil & Gas Midstream ➢ China acquired by KBL in June 2015 API-610 standards, 12th ➢ Waste-Water ➢ Benelux is a leading manufacturer of edition API an
Slide 31: 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 32: South Africa Entities Consolidated
South Africa Entities Consolidated Genesis Product Profile Industries Catered Geographies Catered ➢ Manufacturing and sales of ➢ Fire fighting pumps ➢ Mining (Copper, Gold, ➢ South Africa high head multi-stage Uranium) ➢ Mine de-watering pumps ➢ Zambia pumps, rubber lined slurry ➢ Water supply pumps
Slide 33: 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, Core ➢ Pumps ➢ India subsidiary of KBL. packs, Wound Stators, Die Cast Rotors, Copper Brazed Rotors, Rotor ➢ Hermetic Compressors ➢ Austr
Slide 34: 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 35: Kirloskar Corrocoat Private Limited
Kirloskar Corrocoat Private Limited Genesis Product Profile Industries Catered Geographies Catered ➢ JV between KBL and ➢ Anti Corrosion Coating ➢ Oil & Gas ➢ India Corrocoat Ltd. U.K. Company Materials : ➢ Petrochemicals manufactures glass flake ➢ Corroglass - High polymer coatings at its ➢ Power p
Slide 36: Strategic Focus
Strategic Focus
Slide 37: A Unique Value Proposition
A Unique Value Proposition 01 02 03 04 Global Presence End-to-End Offering Diversified Proposition Driving Synergies Leveraging Brand Value & Domain One Stop Solution Unimpacted by Cyclicality Innovation & Complementary Expertise Offerings ➢ KBL is a global company with ➢ From Conceptualization to ➢
Slide 38: Four Pillars of Our Digital Ecosystem
Staying Ahead of the Curve through Digital Initiatives FOUR PILLARS OF OUR DIGITAL ECOSYSTEM 3D Printing AR/ VR ➢ World’s Largest 3-D printer for foundries installed in ➢ Used for training the employees and customers 2013 at Kirloskarvadi Plant ➢ Leading digital transformation in ➢ Consistent servic
Slide 39: Subscription Platform - Creating Market Opportunity
Subscription Platform - Creating Market Opportunity KEY DIFFERENTIATOR TRADITIO NAL S OLU TION KBL’S INNOVATIVE S OLU TION - S U BS CRIPTION PLATFORM Manage customer site, refurbish, repair & upgrade all Remote failure prediction analytics, troubleshooting and Service Approach pumps in phased manner
Slide 40: Way Ahead
Way Ahead…. STRATEGY GOING FORWARD 1 Value-Added Products & 2 Monetize 3 Leverage Global 4 Debottlenecking 5 Quality Services IPs Presence & Cost Optimisation & Product Innovation Increase share of value-added Out of 30 patents applied, 20 Expand & deepen geographic Debottlenecking at key domestic R
Slide 41: Historical Performance
Historical Performance
Slide 42: Historical Financial Performance - Consolidated
Historical Financial Performance - Consolidated Revenue (Rs. Mn) EBITDA (Rs. Mn) PAT (Rs. Mn) 44,922 45,380 6,811 4,187 40,012 6,213 3,772 37,302 5,782 3,497 30,576 4,263 2,358 2,385 943 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBITDA Margin (%) PAT Margin (%) 15.2%
Slide 43: Historical Financial Performance - Consolidated
Historical Financial Performance - Consolidated EPS (in Rs.) Net Worth (Rs. Mn) Leverage (X) 52.3 24,759 0.3 47.0 43.8 21,014 17,241 0.2 29.6 14,074 11,802 0.1 0.1 0.1 11.9 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 RoCE (%) RoE (%) 26.4% 27.0% 22.3% 21.9% 21.3% 16.8%
Slide 44: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Mn) FY22 FY23 FY24 FY25 FY26 Net Revenue from Operations 30,576 37,302 40,012 44,922 45,380 Other Income 324 273 586 719 772 Materials Consumed 16,803 19,547 19,830 21,978 22,408 Employee Expenses 5,015 5,652 6,727 7,079 7,792 Other Expenses 6,69
Slide 45: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Particulars (Rs. Mn) FY22 FY23 FY24 FY25 FY26 Particulars (Rs. Mn) FY22 FY23 FY24 FY25 FY26 Non Current assets Equity Property, Plant and Equipment 4,870 4,814 5,787 5,908 6,161 Equity Share capital 159 159 159 159 159 Capital work in progress 267 813 320 337 585
Slide 46: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. Mn) FY22 FY23 FY24 FY25 FY26 Profit Before Taxes 1,355 3,181 4,806 5,591 4,522 Changes in working capital 188 813 204 -100 119 Cash generated from operations 1,543 3,994 5,010 5,491 4,641 Direct taxes paid (net of refund) 414 674 1,264 1,602 1,331 Ne
Slide 47: Awards & Accolades
Awards & Accolades Celebrating Leadership and KBL leading the Green Revolution, Strengthening India-Argentina Kaniyur Plant Recognised for Legacy at the Economic Times India’s First GreenPro Ecolabel Business Ties Energy Efficiency Family Business Awards Certified Pumps Kirloskar Brothers Limited KB
Slide 48: Awards & Accolades
Awards & Accolades KBL’s Pump Testing Laboratory KBL Wins National Energy KPML Receives Patent Accredited by the Hydraulic KEPL awarded the NSCI Safety Conservation Award 2025 for for IE5-Class 3-Phase Institute, Setting a New Award 2025 for excellence in KOSi-135 Openwell Submersible Induction Moto
Slide 49: New Product Launch
New Product Launch This is a proprietary document of Kirloskar Brothers Limited
Slide 50: ESG Initiatives
ESG Initiatives Climate Action Quality Education Gender Equality ➢ Measurement and management of greenhouse gas emissions ➢ Skill development and technical training programmes for ➢ 100% Women-driven manufacturing plant at Kaniyur ➢ Implementation of energy efficiency and renewable energy employees
Slide 51: 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 52: Thank you
Thank you Company Investor Relations Advisor CIN: U74140MH2010PTC204285 CIN: L29113PN1920PLC000670 Mr. Jigar Kavaiya / Mr. Umang Shah Mr. Bhavesh Chheda E: jigar.kavaiya@sgapl.net / umang.shah@sgapl.net Email: bhavesh.chheda@kbl.co.in T: +91 99206 02034 / +91 82918 32313 www.kirloskarpumps.com www.s
Kirloskar Brothers — Q2 & H1FY27 Earnings Presentation on 6ix