Kirloskar Brothers Ltd. · NSE:KIRLOSBROS
Kirloskar Brothers — Q3 FY26 Earnings Presentation
52 slides from Kirloskar Brothers's earnings presentation, Feb 5, 2026
Slide 1: Exchange filing cover letter
KIRLOSKAR BROTHERS LIMITED A Kirloskar Group Company SEC/ F:26 February 05, 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 Q3FY26
KIRLOSKAR BROTHERS LIMITED Established 1888 A Kirloskar Group Company INVESTOR PRESENTATION Q3FY26 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 1 1
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: Q3 & 9MFY26 Highlights
Q3 & 9MFY26 Highlights 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 4 4
Slide 6: Q3 & 9MFY26 Consolidated Highlights
Q3 & 9MFY26 Consolidated Highlights Q3 FY26 9M FY26 Revenue from Operations Revenue from Operations Rs. 1,116 Crores Rs. 3,123 Crores EBITDA EBITDA Rs. 161 Crores Rs. 412 Crores Margin: 14.4% Margin: 13.2% PAT PAT Rs. 125 Crores Rs. 265 Crores Margin: 11.2% Margin: 8.5% 5-Feb-26 This This is is a pr
Slide 7: Consolidated Financial Trend
Consolidated Financial Trend Revenue (Rs.in Crs.) EBITDA Margin (%) PAT Margin (%) 18.6% 12.5% 1,281 16.8% 1,224 10.8% 11.2% 1,144 16.0% 10.4% 1,116 15.1% 1,031 1,036 1,028 14.3% 14.4% 9.3% 965 979 13.0% 8.5% 12.3% 12.0% 6.9% 7.0% 6.4% Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q
Slide 8: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q3 FY26 Q3 FY25 YoY 9M FY26 9M FY25 YoY Net Revenue from Operations (Net of Excise) 1,116.2 1,144.2 -2.4% 3,122.9 3,210.9 -2.7% Other Income 19.1 16.8 50.1 46.4 COGS 564.4 559.8 1,522.9 1,575.7 Gross Profit 570.9 601.2 -5.0% 1,650.1 1,681
Slide 9: Q3 & 9MFY26 Key Financials Performance
Q3 & 9MFY26 Key Financials Performance KBL (Rs.in Crs.) KCPL (Rs.in Crs.) KPML (Rs.in Crs.)* KBIBV (Rs.in Crs.) Elimination Total Companies (Rs. Crores) Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Revenue 647.9 660.5 18.6 18.9 156.2 140.5 464.7 471.6 -171.2 -1
Slide 10: Q3 & 9MFY26 KBIBV Group Financials
Q3 & 9MFY26 KBIBV Group Financials SPP UK SPP Inc (USA) Dutch Entities KBTL SPP Mena South Africa Entities KBIBV Standalone Elimination KBIBV Group Companies (Rs. Crores) Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Rev
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 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Sector^ Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3
Slide 12: About Us
About Us 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 11 11
Slide 13: Company at Glance
Company at Glance Product Offering One of the 1st AtmaNirbhar organization. India’s 1St & 250+ Increasing the mix of value-added products, end-to-end Presence Since largest pump manufacturer. Made some of India’s 1st solutions and new product launches by leveraging 137+ Years engineering products in
Slide 14: Legacy of 137+ Years
Legacy of 137+ Years IDEATE INNOVATE IMPLEMENT 1888-1958 1988-2009 2010-2020 Establishment & Restructuring Strategic & Technology Acquisition Phase Phase Expansion 2021 Onwards • 1888 : Establishment of Kirloskar ➢ 1988 : Established Kirloskar Ebara ➢ 2010 : Acquired Braybar Pumps Brothers Pumps Ltd
Slide 15: The Timeless Journey of Unmatched Excellence
The Timeless Journey of Unmatched Excellence 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 14 14
Slide 16: Our Business & Product line
Our Business & Product line Our Presence Our Business Application Oil & Gas 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) ➢ Pumps ranging from
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 Bhavini Fast Breeder secondary sodium pump to Bhavini The Shard, UK Bridge Marina Bay Sands, Sing
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, manufacturing, SANAND, Est. in 2012 assembly, & testing of various pumps ranging Factory exclusively for borewell submersible from 5 kW to 30MW pumps. End-to-end
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 IoT based remote monitoring Pressurized Heavy Water Reactor(PHWR) INM Pump Series solution KirloSmart Augmented Reality Mobile Training Additive Manufac
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. 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Bro
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.. 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 22 22 All logos are the property of the respective owners
Slide 24: Our Joint Ventures & Subsidiaries
Our Joint Ventures & Subsidiaries 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 23 23
Slide 25: Group Structure
Group Structure Kirloskar Brothers Limited Karad Projects and Motors Kirloskar Corrocoat Pvt. Ltd. Kirloskar Ebara Pumps Ltd. Kirloskar Brothers International B.V. Ltd. (100%) (65%) (45%) (The Netherlands) (100%) The Kolhapur Steel Ltd. (100%) SPP Pumps International Kirloskar Brothers Micawber 784
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 pumps ➢ Chemicals ➢ Flood Control ➢ Cambodia ➢ Malaysia Brothers Limited ➢ Philippines ➢ Chemical pumps ➢ Commerci
Slide 28: SPP Pumps Limited
SPP Pumps Limited Genesis Product Profile Industries Catered Geographies Catered ➢ 145+ years of heritage with R&D, ➢ Lowest Life Cycle Pumps for ➢ Commercial Building ➢ Italy manufacturing and test facilities water ➢ Transformer ➢ UK 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 is a 610 standards, 12th edition ➢ Waste-Water ➢ Benelux leading manufacturer of API a
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 centrifugal ➢ Chemical pumps ➢ Mining ➢ Singapore pump-sets in South-East Asia ➢ Water supply
Slide 31: South Africa Entities Consolidated
South Africa Entities Consolidated Genesis Product Profile Industries Catered Geographies Catered ➢ Manufacturing and sales of high ➢ Fire fighting pumps ➢ Mining (Copper, Gold, Uranium) ➢ South Africa head multi-stage pumps, rubber ➢ Mine de-watering pumps ➢ Water supply ➢ Zambia lined slurry pumps
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, Die ➢ Hermetic Compressors ➢ Austria Cast Rotors, Copper Brazed ➢ 3 manufac
Slide 33: 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 for ➢ Turbomachines ➢ India ➢ TKSL is a wholly owned ➢ Pumps ➢ Shipping & Heavy Engineering ➢ South Korea subsidiary of KPML ➢ Steel Turbi
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 per ➢ Oil & Gas (Downstream – ➢ Indian Subcontinent Ebara Corporation to API 610, Multistage Boiler Refinery, Pipelines and Depots) ➢ Europe manufac
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 ➢ India Ltd. U.K. Company manufactures Corroglass - High performance ➢ Petrochemicals glass flake polymer coatings at its e
Slide 36: Strategic Focus
Strategic Focus 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 35 35
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 Manufacturing SPP Pumps focuses on upstream Oil and Gas to Implementation has
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 Subscription Platform ➢ Manage customer site, refurbish, ➢ Proprietary Innovative Solution by KBL repair & upgrade all pumps in phased manner ➢ Remote failure prediction analytics, troubleshooting an
Slide 40: Way Ahead
Way Ahead…. Strategy Going Forward Change in Strategy Increase share of value-added products across Reduced EPC business exposure and increased contribution from Services Focus on Value-Added Products & Services geographies and subscription services in key & Value-Added Products international subsid
Slide 41: Historical Performance
Historical Performance 5-Feb-26 This This is is a proprietary a proprietary document document ofof Kirloskar Kirloskar Brothers Brothers Limited Limited 40 40
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 Mr. Sanjay Kirloskar, Chairman and Managing Director of Mr. Sanjay Kirloskar, Chairman and Managing Kirloskar Brothers Limited, receiving the award from the Director (KBL), Honoured as Eminent Engineering Hon’ble President of India, Smt. Droupadi Murmu, Personality by The Institut
Slide 48: Awards & Accolades
Awards & Accolades Kirloskar Brothers Limited (KBL) has been honoured with the prestigious CII Business Excellence Maturity Assessment Award, recognising outstanding performance across three of its manufacturing plants—Kirloskarvadi, Karad Projects And Motors Ltd. (KPML) and Kirloskar Ebara Pumps Lt
Slide 49: Awards & Accolades
Awards & Accolades Kirloskar Brothers Limited Wins KBL’s Pump Testing Laboratory KPML Receives Patent KEPL awarded the NSCI Safety National Energy Conservation Award Accredited by the Hydraulic Institute, for IE5-Class 3-Phase Award 2025 for excellence in 2025 for KOSi-135 Openwell Setting a New Ben
Slide 50: ESG Initiatives
ESG Initiatives Environmental Social Governance • Enhancement of renewable energy- power purchase agreement for 13.5 • Vikas Charitable Trust established in 1994 • Sustainability reporting since 2009-10 and integrated reporting since KwH open access solar • CSR activities revolves around Education,
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. Tanay Shah Mr. Bhavesh Chheda E: jigar.kavaiya@sgapl.net / tanay.shah@sgapl.net Email: bhavesh.chheda@kbl.co.in T: +91 9920602034 / +91 9833391899 www.kirloskarpumps.com www.sga