Kirloskar Brothers Ltd. · NSE:KIRLOSBROS

Kirloskar Brothers — Q4 FY2023 Earnings Presentation

69 slides from Kirloskar Brothers's earnings presentation, May 11, 2023

  1. Slide 1: Exchange filing cover letter

    SEC/ F:23 May 11, 2023 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-400001. (BSE Scrip Code – 500241) (NSE Symbol - KIRLOS

  2. Slide 2: Kirloskar Brothers Limited Q4FY23 Investor Presentation

    Kirloskar Brothers Limited Q4FY23 Investor Presentation 1

  3. 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

  4. Slide 4: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 3

  5. Slide 5: Our Purpose – Vision – Mission – Values

    Our Purpose – Vision – Mission – Values Our Purpose Our Values • Teamwork with Mutual Trust and Empathy Enriching Lives. Transcending • Commitment towards the Environment Boundaries. • Integrity and Accountability Our Mission • Speed and Accuracy • Progressive and Proactive To lead the industry thro

  6. Slide 6: Company at Glance

    Company at Glance Inherent Strength Global Capabilities Catering to Presence Since Employee Strength Built Over Time 6 Domestic & 5 6 Continents & 130+ Years International Plants 6,000+ 100+ Countries Strong Brand Portfolio Diversified Product Product Offering SKUs Diversified Active Customer Portfo

  7. Slide 7: Legacy of 130+ Years

    Legacy of 130+ Years IDEATE INNOVATE IMPLEMENT 1888-1920 1941-1958 1988-2009 2010-2020 2021 Onwards Strategic & Establishment Restructuring Acquisition Phase Technology Monetize Phase Phase Expansion • 1988 : Established Kirloskar Ebara Pumps Ltd. & Acquired • 2010 : Acquired Braybar Pump PTY • Mone

  8. Slide 8: Our Business & Product Line

    Our Business & Product Line Our Business & Application Our Product Line Large & Medium pumping solutions Small pumps for day-to-day use at Flow up to 120,000 m³/hr. for complex fluid management households and farms 75+ Types of Pumps (528,000 US GPM) system Valves for industrial and large-scale Pump

  9. Slide 9: Our Innovative Solutions

    Our Innovative Solutions Solar Pumping System Pump Selection Package Fire Pump Monitoring Lowest Life-Cycle Cost (LLC)™Pump Sodium Pumps for Nuclear Power Plant Kirlosmart Condition Monitoring Augmented Reality Mobile Training Canned Motor Pump Additive Manufacturing 3D Printer 8

  10. Slide 10: Global Footprint Through Local Presence

    Global Footprint Through Local Presence Atlanta, USA Coleford, Almelo Shirwal, India Sanand, India Karad Projects and Jebel Ali, United Kingdom The Netherlands Motors Ltd UAE Egypt Dewas, India Johannesburg, Bangkok, Thailand South Africa Kirloskarvadi, India Legend Global Headquarters Manufacturing

  11. Slide 11: High Qualified Management Team

    High Qualified Management Team Mr. Alok Kirloskar Mr. Sanjay Kirloskar Director – Kirloskar Brothers Limited & Managing Chairman & Managing Director Director – Kirloskar Brothers International B.V. • Mr. Sanjay Kirloskar holds a Bachelor’s in Science degree in • Bachelor in Business Administration w

  12. Slide 12: Board of Directors

    Board of Directors Mr. Pratap B. Shirke Mr. M. S. Unnikrishnan Non-Executive & Non-Independent Director Independent Director (Up to 15th March 2023) • Former Managing Director & CEO of the • Holds master’s degree from Stanford University, Thermax Group . Currently he is on the Board of USA. Holds di

  13. Slide 13: Board of Directors

    Board of Directors Ms. Ramni Nirula Mr. Amitava Mukherjee Independent Director Independent Director • Retired as Senior General Manager of ICICI Bank • Holds Master’s degree in Management from the Limited. She has more than 4 decades of experience Asian Institute of Management, Manila and a in the f

  14. Slide 14: Long Standing Relationships with Marquee Clientele

    Long Standing Relationships with Marquee Clientele.. Note: Logo belongs to the respective owners 13

  15. Slide 15: Our Global Partnerships

    Our Global Partnerships Note: Logo belongs to the respective owners 14

  16. Slide 16: Awards & Accolades

    Awards & Accolades Appreciation by His Royal Kirloskarvadi & Dewas – KBL’s Dewas plant won Highness the King of Both Facilities are the prestigious Total Thailand for KBL’s presence Greenco Gold certified Productive Maintenance on-site at the Mae Sai cave Dewas – First pump (TPM) award by Japan to o

  17. Slide 17: ESG Initiatives

    ESG Initiatives Environmental Social Governance • Owned renewable energy sources such as solar • CSR: Vikas Charitable Trust established in 1994 for • Sustainability reporting since 2009-10 and power and wind power contribute to 20%-30 % of CSR activities. integrated reporting since 2018-19. the tot

  18. Slide 18: Corporate Social Responsibility

    Corporate Social Responsibility Examples of our CSR activities in India • Supporting creation of clean water source for underprivileged school kids • Health-check, eye-check camps and Vaccination camps • Tree Plantation • Donating first aid boxes and water pumps to schools of underprivileged school

  19. Slide 19: Corporate Social Responsibility

    Corporate Social Responsibility All-women operated manufacturing facility in Kaniyur and 35% women workforce in Sanand factory is a testimony to the importance that it bestows towards gender equality and women empowerment. 18

  20. Slide 20: CSR Initiatives in India

    CSR Initiatives in India KBL conducts an array of activities and campaigns throughout the year. The company focuses on three areas for its CSR contributions Education, Healthcare, and Environment through the Vikas Charitable trust and Sou. Radhabai Trust Biodiversity Project Kirloskar High School Ho

  21. Slide 21: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 20

  22. Slide 22: A Unique Value Proposition

    A Unique Value Proposition • From Conceptualization to Manufacturing to End to end offering – Implementation has resulted into offering complete • KBL is a global company with local presence across all One Stop Solution basket of solutions to the customers across multiple major trading blocks. indus

  23. Slide 23: …And Improving Product Mix

    …And Improving Product Mix 8% 4% 15% 18% 16% 14% 54% 26% 28% 28% 15% 12% 50% 50% 43% 20% FY2010 FY2015 FY2021 FY2023 Made to Stock Made to Order Engineered to Order Projects - Trading & Civil Only KBL (Standalone) has a presence in EPC/Projects Business. No international subsidiaries are present in

  24. Slide 24: Coupled with Multiple Triggers to Drive the Growth Momentum

    ..Coupled with Multiple Triggers to Drive the Growth Momentum Recurring Revenue Stream Large System Integrators Growing revenue share from Framework Contracts & Selectively supplying to large system integrators and services Subscription Platform to counter the cyclicality & providers for Government

  25. Slide 25: 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 like Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI) , Internet of Things (IoT) and 3-D Printing - Provides Technological Advanta

  26. Slide 26: Subscription Platform - Creating Market Opportunity

    Subscription Platform - Creating Market Opportunity Subscription platform is aimed towards leveraging the technological and domain expertise to create a scalable and sustainable business Traditional Solution Market Opportunities • Manage customer site, refurbish, repair & upgrade all the pumps in ph

  27. Slide 27: Way Ahead

    Way Ahead…. KBL has strategically reduced EPC business exposure and increased contribution from Services & Value-Added Products Reduced EPC Business exposure Reduced Exposure to EPC business • KBL has reduced exposure towards low margin, lumpy and working capital Increased focus on intensive EPC ord

  28. Slide 28: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 27

  29. Slide 29: Group Structure

    Group Structure Kirloskar Brothers Ltd. (India) The Kolhapur Steel Ltd. Karad Projects & Kirloskar Corrocoat Pvt. Kirloskar Ebara Pumps Kirloskar Brothers International (99.74%) Motors Ltd. (100%) Ltd. (65%) Ltd. (45%) B.V. (The Netherlands) (100%) SPP Pumps Kirloskar Pompen B.V. Rodelta Pumps Kirlo

  30. Slide 30: Leveraging the localised global presence

    Leveraging the localised global presence KBL is leveraging the localised global presence through cost-synergies, duty-free access and local sourcing norms Duty-free Access & preference to Local Manufacturers ▪ Provides duty-free access to fast-growing ASEAN region through value addition done in Thai

  31. Slide 31: Kirloskar Brothers International B.V., The Netherlands

    Kirloskar Brothers International B.V.*, The Netherlands Genesis Product Profile • Wholly owned subsidiary of Kirloskar Brothers Limited • Bi-directional Axial Flow Pumps • Formed with the objective of making it a SPV that would function as • Chemical pumps an Investment Company for all international

  32. Slide 32: Kirloskar Brothers International B.V., The Netherlands

    Kirloskar Brothers International B.V.*, The Netherlands Revenue (€ Mn.) EBITDA (€ Mn.) PAT (€ Mn.) 149.3 12.1 5.6 133.5 4.4 131.3 9.6 106.6 104.0 4.1 2.9 -1.9 -1.8 FY19 FY20 FY21 FY22 FY23 -7.1 -12.3 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 9.0% 9.0% 4.1% 4.

  33. Slide 33: SPP Pumps Limited, United Kingdom

    SPP Pumps Limited, United Kingdom Genesis Product Profile • 145+ years of heritage • Lowest Life Cycle Pumps for water supply and • R&D, manufacturing and test facilities in the industrial UK • Fire fighting pumps Strategy • Worldwide revenues of £95m (~25% of • Transformer oil pumps ✓ Leading digit

  34. Slide 34: SyncroFlo Inc., The United States of America

    SyncroFlo Inc., The United States of America Genesis Product Profile • Leading American pump packager • Plumbing & HVAC Systems: Ironheart PR, • Wholly-owned Subsidiary of SPP Pumps Ironheart LT, ES Ironheart, VMS Ironheart, Limited Custom Commercial, Heat Transfer Systems, • The 1st company for pre

  35. Slide 35: SPP Pumps Limited, United Kingdom

    SPP Pumps Limited, United Kingdom Revenue (£ Mn.) EBITDA (£ Mn.) PAT (£ Mn.) 103.5 8.3 4.8 95.6 94.5 4.2 6.6 75.5 73.4 3.3 0.4 0.2 2.2 FY19 FY20 FY21 FY22 FY23 -2.7 -4.7 FY19 FY20 FY21 FY22 FY23* FY19 FY20 FY21 FY22 FY23* EBITDA Margin (%) PAT Margin (%) 8.8% 8.8% 5.6% 5.1% 3.4% 3.0% 0.4% 0.3% Note:

  36. Slide 36: Rodelta Pumps International B.V., The Netherlands

    Rodelta Pumps International B.V., The Netherlands Genesis Product Profile • Established by Sulzer in 1946, acquired by KBL • API Pumps conforming to API-610 standards, in June 2015 12th edition • Leading manufacturer of API and Non-API • Pumps for Municipal Water Supply complying to EU Standards Str

  37. Slide 37: Rodelta Pumps International B.V., The Netherlands

    Rodelta Pumps International B.V., The Netherlands Revenue (€ Mn.) EBITDA (€ Mn.) PAT (€ Mn.) 13.4 0.5 0.1 0.1 -0.4 8.6 -1.1 7.8 -0.4 6.9 -1.7 -1.1 3.9 FY19 FY20 FY21 FY22 FY23 -2.7 -4.8 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 5.9% 1.1% 1.0% -5.6% -5.3% -14.

  38. Slide 38: Kirloskar Brothers (Thailand) Limited, Thailand

    Kirloskar Brothers (Thailand) Limited, Thailand Genesis Product Profile Strategy ✓ Access ASEAN region duty-free through • Assembly and packaging for sales of • Fire fighting pumps centrifugal pumpsets in South-East Asian value addition in Thailand • Chemical pumps markets ✓ Brand Development and di

  39. Slide 39: Kirloskar Brothers (Thailand) Limited, Thailand

    Kirloskar Brothers (Thailand) Limited, Thailand Revenue (THB in Mn.) EBITDA (THB in Mn.) PAT (THB in Mn.) 610.7 586.8 43.0 14.8 12.5 36.6 381.1 372.7 22.7 344.1 -3.8 2.9 -17.1 FY19 FY20 FY21 FY22 FY23 -11.9 -24.0 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 10.6

  40. Slide 40: Braybar Pumps Limited, South Africa

    Braybar Pumps Limited, South Africa Genesis Product Profile • Manufacturing and sales of high head multi- • Fire fighting pumps stage pumps, rubber lined slurry pumps and white metal lined bearings • Mine de-watering pumps • Successfully overcome the BBBEE regulations • Chemical pumps and turned aro

  41. Slide 41: Braybar Pumps Limited, South Africa

    Braybar Pumps Limited, South Africa Revenue (ZAR Mn.) EBITDA (ZAR Mn.) PAT (ZAR Mn.) 107.3 107.6 22.8 10.1 6.4 77.8 5.4 72.1 71.5 13.7 12.6 2.9 -3.4 FY19 FY20 FY21 FY22 FY23 -3.3 -9.4 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 21.2% 9.4% 19.2% 7.5% 8.2% 16.2%

  42. Slide 42: Karad Projects And Motors Limited (KPML)

    Karad Projects And Motors Limited (KPML) Genesis Product Profile • KPML is a wholly owned subsidiary of KBL. • Stamping: Electrical Stampings , Core packs, Wound Stators , Die Cast Rotors , Copper Brazed • 3 manufacturing plants located at Karad, Rotors, Rotor Fitted Shafts, Motors for Maharashtra,

  43. Slide 43: Karad Projects And Motors Limited

    Karad Projects And Motors Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 515.1 64.6 41.5 477.5 37.6 55.3 34.7 325.4 321.9 308.4 33.7 33.4 19.9 30.6 18.7 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 12.5% 12.2% 11.6% 10

  44. Slide 44: Kirloskar Ebara Pumps Limited

    Kirloskar Ebara Pumps Limited Genesis Product Profile • Established in 1988 as a Joint Venture (JV) • Pumps: company promoted by KBL and Ebara • Centrifugal pumps as per API 610 Strategy Corporation with a mission to manufacture • Multistage Boiler feedwater pumps ✓ Expand Services offering across t

  45. Slide 45: Kirloskar Ebara Pumps Limited

    Kirloskar Ebara Pumps Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 223.4 230.6 44.5 28.5 36.6 38.4 23.8 180.4 34.9 164.1 160.9 20.3 18.4 19.0 8.0 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 21.3% 12.8% 20.3% 19.9% 1

  46. Slide 46: The Kolhapur Steel Limited (TKSL)

    The Kolhapur Steel Limited (TKSL) Genesis Product Profile • Kolhapur Steel Limited (TKSL) is a subsidiary • High Grade Steel Alloy Castings for company of KBL. • Pumps • Established in the year 1965. • Steel Turbines • Hydro Turbines • Steel castings in the weight range of 300 kg-10 • Valves tonne s

  47. Slide 47: The Kolhapur Steel Limited

    The Kolhapur Steel Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 45.6 36.0 30.9 31.4 -5.2 -7.6 20.9 -11.6 -8.6 -13.9 -15.8 -10.8 -12.4 FY19 FY20 FY21 FY22 FY23 -14.0 -23.4 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) -14.4% -21.2% -28.0% -37.

  48. Slide 48: Kirloskar Corrocoat Private Limited

    Kirloskar Corrocoat Private Limited Genesis Product Profile • JV between KBL and Corrocoat Ltd. U.K. • Corroglass - High performance engineering • The company manufactures glass flake glass flake filled composites Strategy polymer coatings at its state-of-the-art plant at • Corrocoat - A range of ta

  49. Slide 49: Kirloskar Corrocoat Private Limited

    Kirloskar Corrocoat Private Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 35.3 4.3 2.5 27.8 24.3 25.8 20.1 1.7 0.2 1.3 0.1 0.4 0.1 -0.9 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 -1.1 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 12.1% 7.2% 6.8% 0.9% 4.9% 0.2%

  50. Slide 50: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 49

  51. Slide 51: Orderbook

    Orderbook Robust Orderbook Implying Strong Revenue Visibility Sector (In Rs. crores) Q4 FY23 Q3 FY23 Q2 FY23 Q1 FY23 Q4 FY22 Irrigation + Water Resource Mgmt. 851 885 893 664 691 Power 504 473 486 491 485 Oil & Gas 71 86 91 91 69 Marine & Defence 42 53 61 83 63 Industry 102 125 146 137 128 Building

  52. Slide 52: Q4 & FY23 Key Subsidiaries Financials Performance

    Q4 & FY23 Key Subsidiaries Financials Performance Revenue from Operations (Rs. Crores) Q4FY23 Q4FY22 FY23 FY22 KBL 794.0 762.9 2,539.9 2,165.9 KCPL 9.0 8.5 35.3 25.8 TKSL 13.7 9.2 45.6 31.4 KPML 123.4 124.8 515.1 477.5 KBIBV (consol.) 335.3 189.6 1,177.7 877.5 Subtotal 1,275.4 1,094.9 4,313.6 3,578.

  53. Slide 53: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q4FY23 Q4FY22 YoY% FY23 FY22 YoY% Net Revenue from Operations 1,124.6 954.4 17.8% 3,730.2 3,057.6 22.0% Other Income 13.1 3.5 27.3 32.4 Materials Consumed 607.8 530.6 1,954.7 1,680.3 Gross Profit 529.9 427.3 24.0% 1,802.8 1,409.7 27.9% Gr

  54. Slide 54: KBL Group’s Revenue breakup

    KBL Group’s Revenue breakup KBL Group’s Revenue Breakup +17.8% KBL Group’s Revenue % Breakup (Rs Crores) 1125 100 100 954 Q4 FY 22 Q4 FY 23 80 Q4 FY 22 Q4 FY 23 763 794 71 335 190 30 125 123 20 9 14 8 9 13 11 1 1 1 1 -140 -151 KBL KBIBV KPML TKSL KCPL Elimination Total -15 -13 Company KBL KBIBV KPML

  55. Slide 55: KBL Group’s EBITDA % Breakup

    KBL Group’s EBITDA % Breakup KBL Group’s EBITDA Breakup EBITDA % of respective company +61.0% (Rs Crores) 158 Q4 FY 22 Q4 FY 23 Q4 FY 22 Q4 FY 23 24 121 13 15 16 9 10 8 7 10 14 98 98 2 -2 30 -25 12 20 1 2 -3 -3 -58 -4 -5 -11 KBL KBIBV KPML TKSL KCPL Elimination Total KBL KBIBV KPML TKSL KCPL Elimina

  56. Slide 56: KBIBV’s Revenue Breakup

    KBIBV’s Revenue Breakup KBIBV Group’s Revenue Breakup (Rs Crores) +77.0% 335 Q4 FY 22 Q4 FY 23 190 163 112 91 71 20 20 31 4 1 1 9 12 0 0 -6 -3 SPP UK SPP Inc (USA) Dutch Group KBTL (Thailand+ SPP Mena SA Group KBIBV Standalone Elimination KBIBV Group Singapore) +34.2% 1,178 878 FY 22 FY 23 520 437 4

  57. Slide 57: KBIBV’s EBITDA Breakup

    KBIBV’s EBITDA Breakup KBIBV Group’s EBITDA (Rs Crores) and as % of sales >100% Q4 FY 22 Q4 FY 23 28 30 (-469%) (9%) 13 15 (8%) (13%) 2 3 (8%) 0 0 1 2 1 1 (5%) (1%) (42%) (75%) (26%) (9%) (0%) -3 0 0 (0%) (10%) -4 -10 (-56%) (-2%) (-11%) -27 (0%) SPP UK SPP Inc (USA) Dutch Group KBTL (Thailand+ SPP

  58. Slide 58: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 57

  59. Slide 59: Historical Financial Performance - Consolidated

    Historical Financial Performance - Consolidated Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 3,730 426 236 3,349 3,135 3,058 2,717 294 161 245 239 94 151 72 3 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA Margin (%) PAT Margin (%) 11.4% 6.3% 10.8% 5.9

  60. Slide 60: Historical Financial Performance - Consolidated

    Historical Financial Performance - Consolidated EPS (in Rs.) Net Worth (Rs. Crores) Leverage (X) 29.6 1,407 0.6 1,180 1,107 20.3 912 946 0.4 0.3 11.9 0.3 9.1 0.2 0.4 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 RoCE (%) RoE(%) 21.6% 16.8% 18.0% 14.5% 15.1% 11.8% 7.6% 8.

  61. Slide 61: Consolidated Profit & Loss Statement

    Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY23 FY22 FY21 FY20 FY19 FY18 Net Revenue from Operations (Net of Excise) 3,730.2 3,057.6 2,716.5 3,135.4 3,349.0 2,775.4 Other Income 27.3 32.4 53.8 37.6 23.7 21.9 Materials Consumed 1,954.7 1,680.3 1,449.5 1,641.9 1,829.8 1,456.8 Gross

  62. Slide 62: Consolidated Balance Sheet Statement

    Consolidated Balance Sheet Statement Particulars (Rs. Crores) FY23 FY22 FY21 FY20 FY19 Particulars (Rs. Crores) FY23 FY22 FY21 FY20 FY19 Equity Non Current assets Property, Plant and Equipment 481.4 487.0 428.4 429.4 433.6 Equity Share capital 15.9 15.9 15.9 15.9 15.9 Capital work in progress 81.3 2

  63. Slide 63: Consolidated Cash Flow Statement

    Consolidated Cash Flow Statement Particulars (Rs. Crores) FY23 FY22 FY21 FY20 FY19 Profit Before Taxes 318.2 135.5 182.1 121.3 40.6 Changes in working capital 80.8 18.8 170.1 219.9 39.6 Cash generated from operations 399.0 154.3 352.2 341.2 80.2 Direct taxes paid (net of refund) 67.4 41.4 35.8 36.0

  64. Slide 64: Table of Content

    Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance 03 Our Joint Ventures & Subsidiaries 06 Notable Projects 63

  65. Slide 65: Notable Work – Building & Construction

    Notable Work – Building & Construction KBL's pumping solutions are operational in many of the world's iconic buildings The Shard, UK Hong Kong–Zhuhai– Marina Bay Sands, Atal Tunnel, India Statue of Unity, India Macau Bridge Singapore 64

  66. Slide 66: Notable Projects – Power

    Notable Projects – Power KBL is the first and leading manufacturers of critical pumps for nuclear power in India. Supplied primary and secondary sodium pump to Bhavini and specialised pump sets for the ITER (International Thermonuclear Experimental Reactor) project in France, the world's largest mag

  67. Slide 67: Notable Projects – Municipal Water

    Notable Projects – Municipal Water Thailand Uttar Pradesh, India Mumbai, India Thames River, UK Gwari Culvert, India South Africa 66

  68. Slide 68: Notable Projects – Irrigation

    Notable Projects – Irrigation KBL’s irrigation solutions are operational across the world Sardar Sarovar, India Senegal Laos Bheema, India Egypt EDIA, Portugal 67

  69. Slide 69: For further information, please contact

    For further information, please contact Company Investor Relations Advisor CIN: L29113PN1920PLC000670 CIN: U74140MH2010PTC204285 Mr. Chittaranjan Mate Ms. Ami Parekh / Mr. Jigar Kavaiya Email: Chittaranjan.Mate@kbl.co.in E: ami.parekh@sgapl.net / jigar.kavaiya@sgapl.net T: +91 8082466052 / +91 99206

Kirloskar Brothers — Q4 FY2023 Earnings Presentation on 6ix