Kirloskar Electric Company Ltd

KECL

Watchlist

AI Mode

‌

Market Cap

₹ 691 Cr

P/E

97.20

Turned 1 L into 6.99 L in last 5 Years

‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

SLUGGISH

Profitability

LOW MARGIN

Technicals

Bearish

Risk

HIGH RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Kirloskar Electric Company Ltd (KECL) is a prominent player in the electrical equipment industry, manufacturing electric motors, alternators, generators, transformers, and more.

Established in 1946, KECL has been crucial for industrialization in India, acquiring companies and enhancing capabilities for various electrical products.

The company is heavily involved in non-conventional energy, specifically through a partnership with the Wind Energy Group, UK, for wind turbine generators.

KECL has expanded internationally, particularly with subsidiary KEC North American, Inc., to aid distribution across North America through specialized channels.

The company's strategic acquisitions, like that of Lloyd Dynamowerke, showcase its dedication to integrating advanced motor and generator technology from global sources.

Sector

Capital Goods - Electrical Equipment

Industry

Electric Equipment - General - Large

Market Cap

691 Cr

Volatility

High Risk

P/E Ratio

97.2

Industry P/E

59.5

PEG Ratio

—

P/B Ratio

5.5

52W High

200.00

52W Low

97.50

Sales CAGR

-2.43%

17.57%

11.58%

10Y

-1.16%

Profit CAGR

-73.51%

-33.32%

—

10Y

—

ROE

TTM

5.69%

16.92%

17.10%

10Y

-46.15%

ROCE

TTM

13.58%

21.33%

23.58%

10Y

23.13%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ALPEXSOLAR	861.50	2,201 Cr	14.31	4.65	0.00	32.49	34.29	16.42
SERVOTECH	80.17	1,811 Cr	77.09	6.99	0.06	8.75	9.11	4.23
SOLEX	1478.90	1,598 Cr	38.01	9.95	0.04	47.11	31.42	5.79
EXICOM	113.90	1,584 Cr	—	2.13	0.00	-35.39	-15.54	-14.31
IGARASHI	445.95	1,401 Cr	91.80	3.02	0.56	3.28	5.52	1.90
SALZERELEC	700.00	1,243 Cr	22.43	2.18	0.36	9.72	11.73	4.25
KECL	104.10	691 Cr	97.20	5.52	0.00	5.69	13.58	1.17

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	118	145	126	169	133	161	120	129	132	142
Expenses	110	133	120	158	125	161	114	128	125	136
Operating Profit	7.74	12	5.70	11	8.86	0.20	5.74	0.70	6.88	6.41
OPM %	6.58	8.53	4.52	6.49	6.64	0.12	4.79	0.54	5.20	4.51
Other Income	1.22	1.00	3.49	2.28	0.98	12	1.56	3.17	0.96	11
Interest	5.87	6.78	6.46	6.54	6.52	5.87	5.49	6.44	6.35	6.44
Depreciation	1.26	1.28	1.22	1.26	1.32	1.23	1.24	1.10	1.07	1.08
Profit Before Tax	1.83	5.32	1.51	5.42	2.00	5.09	0.57	-3.67	0.42	9.98
Tax %	0.00	0.00	0.00	0.00	3.50	0.00	0.00	-4.90	0.00	0.00
Net Profit	1.83	5.32	1.51	5.42	1.93	5.09	0.57	-3.85	0.42	9.98
EPS in Rs	0.28	0.80	0.23	0.82	0.29	0.77	0.09	-0.58	0.06	1.50

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	630	379	295	314	278	335	474	557	544	543
Expenses	573	409	331	315	295	350	437	521	528	529
Operating Profit	58	-30	-36	-0.31	-17	-16	36	37	16	14
OPM %	9.15	-7.88	-12.24	-0.10	-6.27	-4.69	7.67	6.60	2.85	2.49
Other Income	16	6.70	66	95	7.70	119	22	7.99	18	18
Interest	45	43	49	43	30	31	22	26	24	24
Depreciation	12	12	8.76	6.60	8.36	5.20	5.00	5.02	4.89	4.64
Profit Before Tax	-39	-87	-28	45	-48	67	31	14	3.98	2.41
Tax %	0.08	-0.00	-0.01	0.00	0.00	0.00	0.01	0.00	6.33	7.47
Net Profit	-39	-87	-28	45	-48	67	31	14	3.73	2.23
EPS in Rs	—	—	-5.25	6.82	-7.25	10.15	4.68	2.13	0.57	1.07
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	56	66	66	66	66	66	66	66	66	66
Reserves	-256	54	-81	-158	-114	-33	9.56	25	16	48
Borrowings	297	214	222	189	172	179	142	133	126	116
Other Liabilities	344	416	406	380	362	414	396	387	431	370
Total Liabilities	440	751	614	477	486	627	614	612	640	601
Fixed Assets	92	396	404	326	320	479	442	439	438	435
CWIP	0.14	0.00	0.08	0.20	0.20	0.35	0.67	0.53	0.83	0.00
Investments	0.81	2.50	3.24	3.00	2.96	3.20	1.81	1.84	1.96	2.09
Other Assets	347	352	207	148	163	144	170	171	199	164
Total Assets	440	751	614	477	486	627	614	612	640	601

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-23	37	23	1.34	34	30	35	7.30	37	36
Cash from Investing Activity	19	1.54	4.51	62	69	5.55	103	2.06	-2.13	-0.92
Cash from Financing Activity	7.84	-40	-27	-66	-107	-34	-109	-33	-31	-35
Net Cash Flow	3.24	-1.85	-0.12	-2.32	-3.51	1.49	29	-24	3.80	0.08

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	49.51%	49.51%	49.51%	49.51%	49.51%	49.51%	49.51%	49.51%	49.59%	49.59%	49.59%	49.59%
FIIs	1.45%	1.44%	1.31%	0.98%	0.98%	1.00%	1.33%	1.18%	1.48%	1.12%	1.00%	1.17%
DIIs	4.49%	4.50%	4.40%	5.10%	4.97%	4.58%	4.46%	4.28%	4.06%	4.04%	4.04%	4.04%
Public	44.55%	44.55%	44.78%	44.41%	44.54%	44.91%	44.70%	45.02%	44.87%	45.24%	45.37%	45.20%
Total Shareholders	61,243	62,212	65,238	67,454	72,766	80,248	83,876	88,712	88,482	88,565	87,967	86,293

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Dec 24, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	179.67	0.09 Cr	5,000	0.00
Dec 20, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	191.21	0.19 Cr	10,000	0.01
Dec 13, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	194.60	0.10 Cr	5,000	0.00
Nov 22, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	173.00	0.09 Cr	5,000	0.00
Nov 19, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	172.45	0.17 Cr	10,000	0.01
Nov 15, 2024	Vijay ravindra kirloskar	Insider - Promoter	Acquisition	172.36	0.34 Cr	20,000	0.03
Jul 18, 2024	Ajay shiv narayan upadhyaya	Bulk	Buy	237.71	9.51 Cr	4,00,000	0.60
Jul 18, 2024	Hrti private limited	Bulk	Buy	234.07	8.48 Cr	3,62,449	0.54
Jul 18, 2024	Hrti private limited	Bulk	Sell	230.31	6.96 Cr	3,02,088	0.45
May 21, 2024	Hrti private limited	Bulk	Buy	217.20	6.74 Cr	3,10,466	0.46

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	118	145	126	169	133	161	120	129	132	142
Expenses	110	133	120	158	125	161	114	128	125	136
Operating Profit	7.74	12	5.70	11	8.86	0.20	5.74	0.70	6.88	6.41
OPM %	6.58	8.53	4.52	6.49	6.64	0.12	4.79	0.54	5.20	4.51
Other Income	1.22	1.00	3.49	2.28	0.98	12	1.56	3.17	0.96	11
Interest	5.87	6.78	6.46	6.54	6.52	5.87	5.49	6.44	6.35	6.44
Depreciation	1.26	1.28	1.22	1.26	1.32	1.23	1.24	1.10	1.07	1.08
Profit Before Tax	1.83	5.32	1.51	5.42	2.00	5.09	0.57	-3.67	0.42	9.98
Tax %	0.00	0.00	0.00	0.00	3.50	0.00	0.00	-4.90	0.00	0.00
Net Profit	1.83	5.32	1.51	5.42	1.93	5.09	0.57	-3.85	0.42	9.98
EPS in Rs	0.28	0.80	0.23	0.82	0.29	0.77	0.09	-0.58	0.06	1.50

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	630	379	295	314	278	335	474	557	544	543
Expenses	573	409	331	315	295	350	437	521	528	529
Operating Profit	58	-30	-36	-0.31	-17	-16	36	37	16	14
OPM %	9.15	-7.88	-12.24	-0.10	-6.27	-4.69	7.67	6.60	2.85	2.49
Other Income	16	6.70	66	95	7.70	119	22	7.99	18	18
Interest	45	43	49	43	30	31	22	26	24	24
Depreciation	12	12	8.76	6.60	8.36	5.20	5.00	5.02	4.89	4.64
Profit Before Tax	-39	-87	-28	45	-48	67	31	14	3.98	2.41
Tax %	0.08	-0.00	-0.01	0.00	0.00	0.00	0.01	0.00	6.33	7.47
Net Profit	-39	-87	-28	45	-48	67	31	14	3.73	2.23
EPS in Rs	—	—	-5.25	6.82	-7.25	10.15	4.68	2.13	0.57	1.07
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	56	66	66	66	66	66	66	66	66	66
Reserves	-256	54	-81	-158	-114	-33	9.56	25	16	48
Borrowings	297	214	222	189	172	179	142	133	126	116
Other Liabilities	344	416	406	380	362	414	396	387	431	370
Total Liabilities	440	751	614	477	486	627	614	612	640	601
Fixed Assets	92	396	404	326	320	479	442	439	438	435
CWIP	0.14	0.00	0.08	0.20	0.20	0.35	0.67	0.53	0.83	0.00
Investments	0.81	2.50	3.24	3.00	2.96	3.20	1.81	1.84	1.96	2.09
Other Assets	347	352	207	148	163	144	170	171	199	164
Total Assets	440	751	614	477	486	627	614	612	640	601

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-23	37	23	1.34	34	30	35	7.30	37	36
Cash from Investing Activity	19	1.54	4.51	62	69	5.55	103	2.06	-2.13	-0.92
Cash from Financing Activity	7.84	-40	-27	-66	-107	-34	-109	-33	-31	-35
Net Cash Flow	3.24	-1.85	-0.12	-2.32	-3.51	1.49	29	-24	3.80	0.08

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ALPEXSOLAR	861.50	2,201 Cr	14.31	4.65	0.00	32.49	34.29	16.42
SERVOTECH	80.17	1,811 Cr	77.09	6.99	0.06	8.75	9.11	4.23
SOLEX	1478.90	1,598 Cr	38.01	9.95	0.04	47.11	31.42	5.79
EXICOM	113.90	1,584 Cr	—	2.13	0.00	-35.39	-15.54	-14.31
IGARASHI	445.95	1,401 Cr	91.80	3.02	0.56	3.28	5.52	1.90
SALZERELEC	700.00	1,243 Cr	22.43	2.18	0.36	9.72	11.73	4.25
KECL	104.10	691 Cr	97.20	5.52	0.00	5.69	13.58	1.17

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Overview

Detailed Summary

Kirloskar Electric Company Ltd (KECL) is a prominent player in the electrical equipment industry, manufacturing electric motors, alternators, generators, transformers, and more.

Established in 1946, KECL has been crucial for industrialization in India, acquiring companies and enhancing capabilities for various electrical products.

The company is heavily involved in non-conventional energy, specifically through a partnership with the Wind Energy Group, UK, for wind turbine generators.

KECL has expanded internationally, particularly with subsidiary KEC North American, Inc., to aid distribution across North America through specialized channels.

The company's strategic acquisitions, like that of Lloyd Dynamowerke, showcase its dedication to integrating advanced motor and generator technology from global sources.

Sector

Capital Goods - Electrical Equipment

Industry

Electric Equipment - General - Large

Market Cap

691 Cr

Volatility

High Risk

P/E Ratio

97.2

Industry P/E

59.5

PEG Ratio

—

P/B Ratio

5.5

52W High

200.00

52W Low

97.50

Sales CAGR

-2.43%

17.57%

11.58%

10Y

-1.16%

Profit CAGR

-73.51%

-33.32%

—

10Y

—

ROE

TTM

5.69%

16.92%

17.10%

10Y

-46.15%

ROCE

TTM

13.58%

21.33%

23.58%

10Y

23.13%