Kirloskar Oil Engines Limited · NSE:KIRLOSENG
Kirloskar Oil Engines — Q2 FY26 Earnings Presentation
19 slides from Kirloskar Oil Engines's earnings presentation, Nov 11, 2025
Slide 1: Exchange filing cover letter
Date: 11th November 2025 BSE Scrip Code: 533293 NSE Scrip Code: KIRLOSENG To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, Rotunda Building, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mum
Slide 2: Earnings Call Presentation Q2 FY26
Earnings Call Presentation Q2 FY26 12th November 2025
Slide 3: Disclaimer & Safe Harbor Statement
DISCLAIMER & SAFE HARBOR STATEMENT Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and r
Slide 4: KOEL Group structure
KOEL GROUP La-Gajjar Arka Financial Kirloskar Americas Kirloskar Machineries Holdings (P) Ltd4 Corporation2 International ME (P) Ltd1 (100%) (100%) (100%) FZE (100%)7 Engines LPG, LLC dba Arka Investment KOEL- Earnings Call – Q2 FY26 – KOEL Group Arka Fincap Ltd3 Wildcat Power Gen6 Advisory Services
Slide 5: Content
CONTENT ▪ BUSINESS OVERVIEW ▪ STANDALONE ▪ SALES HIGHLIGHTS ▪ CONSOLIDATED ▪ SEGMENT OVERVIEW ▪ FINANCIAL OVERVIEW 4
Slide 6: Products to Business Segments
Products to Business Segments… Product Lines Business Segments B2B Business Segment Engines and Gensets Power Gen Industrial Engines Industrial Power Solutions for Large / Institutional Project Clients (Marine, Defence etc) After Sales Support Distribution and Aftermarket International Retail Channe
Slide 7: Standalone Sales Highlights – Q2 FY26 YoY
STANDALONE SALES HIGHLIGHTS – Q2 FY26 YoY B2B Sales Power Gen Industrial Distribution & International B2B 35% 41% 40% After Market 39% 1,449 678 13% 171 373 202 227 1,073 481 267 123 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 B2C Sales WMS International B2C 28% 2
Slide 8: Standalone Sales Highlights – H1 FY26 YoY
STANDALONE SALES HIGHLIGHTS – H1 FY26 YoY B2B Sales Power Gen Industrial Distribution & International B2B 21% 28% 13% After Market 2,711 1,287 12% 27% 1,008 683 2,242 605 400 450 291 230 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 B2C Sales WMS International B2C 1
Slide 9: Consolidated Segment Performance Overview – B2B
CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – B2B Segment Revenue Trend* Performance Updates All amounts are in “₹ Crore” ▪ The Power Generation Business Unit (PGBU) continues its strong Domestic Export performance, achieving a remarkable 41% year-on-year growth in 1,457 1,241 1,276 165 the standalone
Slide 10: Consolidated Segment Performance Overview – B2C
CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – B2C Segment Revenue Trend* Performance Updates All amounts are in “₹ Crore” Domestic Export ▪ Top line growth of 23% year on year 305 292 ▪ Quarter-on-quarter degrowth was primarily due to lower sales 72 258 210 211 67 73 volumes, which impacted fixed cost
Slide 11: Consolidated Segment Performance Overview – Financial Services
CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – FINANCIAL SERVICES Segment Revenue Trend Performance Updates All amounts are in “₹ Crore” 233 ▪ KOEL’s total investment in AFHPL as on 30th September 2025 stood at ₹ 1,053 Crore# 212 204 195 196 ▪ AFHPL Consolidated revenue from operations stood at ₹ 233 C
Slide 12: Content
CONTENT ▪ BUSINESS OVERVIEW ▪ FINANCIAL OVERVIEW ▪ STANDALONE ▪ PERFORMANCE HIGHLIGHTS ▪ PROFIT AND LOSS STATEMENT ▪ WORKING CAPITAL AND NET CASH POSITION ▪ CONSOLIDATED ▪ PERFORMANCE HIGHLIGHTS ▪ PROFIT AND LOSS STATEMENT ▪ SEGMENT RESULTS 11
Slide 13: Standalone – Performance Highlights
STANDALONE – PERFORMANCE HIGHLIGHTS All amounts are in “₹ Crore” Sales EBITDA* & Margin* PAT* & Margin* 35% 45% 44% 1,593 214 141 1,434 190 123 Quarterly 1,184 13.4% 148 13.2% 8.5% 8.8% 12.4% 98 8.2% 11% 13% 15% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 KOEL- Earnings C
Slide 14: Standalone – Profit and Loss Statement
STANDALONE - PROFIT AND LOSS STATEMENT All amounts are in “₹ Crore” Particulars Q2 FY26 Q1 FY26 Q-o-Q Q2 FY25 Y-o-Y H1 FY26 H1 FY25 Y-o-Y2 Net Sales 1,592.9 1,434.0 11% 1,184.1 35% 3,026.9 2,517.8 20% Other Operating Income 11.6 10.6 10% 10.3 13% 22.3 19.5 15% Revenue From Operations 1,604.5 1,444.6
Slide 15: Standalone Working Capital and Net Cash Position
STANDALONE WORKING CAPITAL AND NET CASH POSITION All amounts are in “₹ Crore” Inventories Receivables 77 Days 77 Days 49 Days 53 Days 62 Days 42 Days 43 Days 39 Days 41 Days 40 Days 724 716 718 776 595 651 682 632 614 493 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY2
Slide 16: Consolidated – Performance Highlights
CONSOLIDATED – PERFORMANCE HIGHLIGHTS All amounts are in “₹ Crore” Sales PAT* & Margin* 30% 51% Quarterly 1,933 159 1,751 1,486 134 106 8.2% 7.1% 7.6% 10% 19% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 KOEL- Earnings Call – Q2 FY26 – Consolidated Financial Overview Sales PAT* & Margin* 19% 23%
Slide 17: Consolidated – Profit and Loss Statement
CONSOLIDATED - PROFIT AND LOSS STATEMENT All amounts are in “₹ Crore” Particulars Q2 FY26 Q1 FY26 Q-o-Q Q2 FY25 Y-o-Y H1 FY26 H1 FY25 Y-o-Y Net Sales* 1,933.1 1,750.9 10% 1,485.8 30% 3,683.9 3,105.3 19% Other Operating Income 15.3 13.0 18% 12.8 19% 28.3 25.2 12% Revenue From Operations 1,948.4 1,763
Slide 18: Segment Results – Consolidated
SEGMENT RESULTS - CONSOLIDATED All amounts are in “₹ Crore” Particulars Q2 FY26 Q1 FY26 QoQ Q2 FY25 YoY H1 FY26 H1 FY25 YoY Segment Revenue B2B 1,456.6 1,276.3 14% 1,089.1 34% 2,733.0 2,262.2 21% B2C 258.4 291.8 -11% 210.1 23% 550.2 503.4 9% Financial Services 233.3 195.7 19% 199.4 17% 429.0 364.8 1
Slide 19: For Further Information Please Contact
For Further Information Please Contact: KOEL Company Secretary Group Investor Relations Ms. Farah Irani Ms. Mayura Bhusari Tel: +91 7757874812 Tel: (020) 69065009 Email: farah.irani@kirloskar.com Email: mayura.bhusari@kirloskar.com 18
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