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Kirloskar Brothers Ltd

BSE Code : 500241 | NSE Symbol : KIRLOSBROS | ISIN:INE732A01036| SECTOR : Capital Goods-Non Electrical Equipment |

NSE BSE
 
SMC down arrow

1,845.65

-3.60 (-0.19%) Volume 32437

18-May-2024 EOD

Prev. Close

1,849.25

Open Price

1,874.20

Bid Price (QTY)

0.00(0)

Offer Price (QTY)

1,845.65(736)

 

Today’s High/Low 1,899.25 - 1,823.65

52 wk High/Low 1,924.90 - 530.55

Key Stats

MARKET CAP (RS CR) 14645.39
P/E 60.04
BOOK VALUE (RS) 182.873873
DIV (%) 225
MARKET LOT 1
EPS (TTM) 30.72
PRICE/BOOK 10.0850929099096
DIV YIELD.(%) 0.33
FACE VALUE (RS) 2
DELIVERABLES (%) 21.98
4

News & Announcements

16-May-2024

Somany Ceramics Ltd leads gainers in 'A' group

16-May-2024

Kirloskar Brothers Ltd - Kirloskar Brothers Limited - Loss of Share Certificates

15-May-2024

Kirloskar Brothers Ltd - Kirloskar Brothers Limited - Analysts/Institutional Investor Meet/Con. Call Updates

15-May-2024

Kirloskar Brothers Ltd - Kirloskar Brothers Limited - Loss of Share Certificates

14-May-2024

Board of Kirloskar Brothers recommends Final Dividend

08-May-2024

Kirloskar Brothers to table results

06-Feb-2024

Kirloskar Brothers to hold board meeting

22-Nov-2023

Kirloskar Brothers announces resignation of senior management

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
Aturia Continental Ltd(wound up) 522045
Bright Solar Ltd 535092 BRIGHT
KSB Ltd 500249 KSB
Mather & Platt Pumps Ltd 32469
Roto Pumps Ltd 517500 ROTO
Shakti Pumps (India) Ltd 531431 SHAKTIPUMP

Share Holding

Category No. of shares Percentage
Total Foreign 3727210 4.69
Total Institutions 7754827 9.77
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 2021795 2.55
Total Promoters 52371675 65.95
Total Public & others 13533419 17.04
Total 79408926 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Kirloskar Brothers Ltd

Kirloskar Brothers Limited (KBL), a part of the century old Kirloskar group was incorporated in 15th January of the year 1920. The Company undertakes projects in fluid-handling, turnkey fluid-handling projects in irrigation, power, process, water supply and sewerage, turnkey small hydel projects and protective surface coating. The core products of the company are Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves, and Hydro turbines. Presently, the Company is engaged in providing fluid management solutions globally. Two new joint venture companies were incorporated, viz., Kirloskar Rateau Ltd., a 100% export oriented unit in India and Rateau Kirloskar international, Paris as a marketing company in co-operation with Alsthom Atlantique of Paris. Hence it became a subsidiary of the Company since its incorporation on 23rd April of the year 1984. During the year 1986, the company had entered into foreign collaboration agreements with M/s. Oil Tool Specialities Co., U.S.A., for the manufacture of Christmas trees and conventional wellhead assembles and with M/s. Godiva Fire Pumps Ltd, U.K., for the manufacture of fire fightings pumps and also with M/s. Nikkiso Co Ltd., Japan for the manufacture of canned motor pumps. The mobile fire fighting pump sets manufactured in technical collaboration with Godiva Fire Pumps Ltd. U.K. was well received in the market during the year 1988. In the year 1991, the plant for manufacturing submersible pumps under licence from Ebara Italia S.P.A. was erected in Shindewad, near Shirwal. KBL made technical collaborations with world-renowned companies in the year 1994 for manufacture of pumps, machine tools and hermetic compressors. Also in the same year the company received the Export Excellence Award from the Government of India for the seventh year in a row. In the year 1995, KBL had signed a technical collaboration agreement with Corrocoat Ltd. U.K. for the manufacture of anti-corrosion coatings for pumps. For the gateway to enter the power generation sector, the company has signed a co-operation and Technology Transfer agreement with Finmeccahica S.p.A. Azienda Ansaldo of Italy in the period of 1996 for manufacture of steam turbines. During the year 1997-98, the company inaugurated its Anti Corrosion coating plant at Kirloskarvadi with capacity of 150 TPA. In 1998-99, the company tied up with one of the world leaders in hydro-turbines-Ebara Corporation, Japan to offer turnkey execution facilities. KBL has entered into a distribution agreement with Erhard Gmbh and Co, Germany during the year 1999 and also the Toyota-Kirloskar, the 50:50 joint venture between Toyota and the company was sets up its first service station-cum-showroom at Goregoan in suburban Mumbai. In the year 2001, the company bagged two orders worth of Rs 519 crore, included Sardar Sarovar Nigam's Rs 442-crore contract to manufacture and commission pump stations in Saurashtra. During the year 2003, KBL had acquired certain assets and businesses of the UK-based SPP Pumps Ltd, a part of Thyssen Bornemiscza Group and also in the same year the company invested 19,50,000 GBP (Rs 14,90,77,500) in the share capital of a JV Company incorporated in the United Kingdom. KBL and Hindustan Construction Company Ltd (HCC) had jointly submitted a bid for Devadula, Godavari lift Irrigation Scheme of Government of Andhra Pradesh in the year 2004. The Contract was awarded to HCC and the company as joint bidders. The company bagged contract worth 1240 million in the year 2004, also bagged an order worth Rs 41,40,00,000 from Bharatiya Nabhikiya Vidyut Nigam Ltd acting through Nuclear Power Corporation of India Ltd, Mumbai for design, drawing, manufacture and supply etc of 3 primary sodium pumps, its spares and accessories and launched its new generation submersible pump Champion 2'. During the year 2005-2006, the company had hived off its Anti-Corrosive Product Division to form a joint venture Company with Corrocoat Ltd. -UK. The operations of this new company 'Kirloskar Corrocoat Private Limited' commenced from 1st April of the year 2006. During the period of 2006-07, the company had acquired 100% shares of Aban Constructions Pvt Ltd; a Chennai based company belongs to a reputed Aban Group, which engaged in oil and gas croos country pipelines and other construction activities. In September of the year 2007, KBL took over the management of The Kolhapur Steel (TKSL), a steel casting company, registered with the BIFR. KBL had received a letter of intent (LoI) from the Government of Andhra Pradesh, Irrigation & CAD Department during April of the year 2008 with respect of Rajiv Sagar Lift Irrigation Project (Dummugudem) for Rs 3.38 billion and in May of the same year 2008, KBL had bagged contracts from the Nuclear Power Corporation of India A/c Bhartiya Nabhikiya Vidyut Nigam of Rs 992.4 million and Euro 1.814 million for civil works and Electochiorination plants building and associates structures for sea water pump house package. As at July 2008, Kirloskar Brothers through its investment company namely Kirloskar Brothers International BV had formed a subsidiary company in Netherlands under the name and style as Kirloskar Brothers Europe B. V. The Scheme of Arrangement between KBL and Kirloskar Brothers Investments Ltd. (KBIL) and their respective shareholders, became effective on March 2, 2010, and a result certain investments in shares held by KBL, stands transferred and vested in KBIL. During the year 2010, the Company ceased to be subsidiary company of Better Value Holdings Private Limited, one of the promoters and a Kirloskar group Company. On acquisition of additional shares, with effect from November 12, 2009, Kirloskar Corrocoat Private Limited, Hematic Motors Private Limited, Pressmatic Electro Stampings Private Limited and Quadromatic Engineering Private Limited have become direct subsidiaries of the company alongwith Hematic Motors Private Limited's subsidiaries viz. ILa Electricals Private Limited, Vakasa Electricals Private Limited and Moreshwar Electricals Private Limited. On issue of shares in terms of Scheme of Arrangement, as approved by the Hon'ble High court of Judicature at Bombay, by Kirloskar Brothers Investments Limited (KBIL) to the shareholders of the Company, KBIL ceased to be a subsidiary company of Kirloskar Brothers Limited. Simultaneously, 50000 KBIL equity shares held by KBL also stand cancelled; on transfer of investments in Pooja Credits Private Limited and Kirloskar Silk Industries Limited held by Kirloskar Brothers Limited (KBL) to KBIL, these companies also ceased to be subsidiaries of KBL. On February 15, 2010, KBL sold shares held in its Wholly Owned Subsidiary SPP Pumps Limited (SPP) to its other Wholly Owned Subsidiary - Kirloskar Brothers International B.V (KBI) Netherlands. Thus SPP ceased to be the direct subsidiary company of KBL. Micawber 784 (Proprietary) Ltd., Kirloskar Brothers Limited's step down subsidiary through WOS Company, Kirloskar Brothers International B.V. (KBI BV), Netherlands, acquired balance 10% holding in Braybar Pumps (Proprietary) Ltd. (Braybar) on November 1, 2012. As a result, Braybar became 100% subsidiary of Micawber 784 (Proprietary) Ltd. The Company launched highly-advanced 'i-CAN' series of pumps, for the small scale industries, another product, 'i-NS' pump, which has been developed entirely with domestic technology in 2015. In November 2015, it commissioned Godavari Metropolitan Water Supply and Sewage Board project costing Rs 50 crores. It launched GK-P Pump at ACHEMA in Frankfurt, Germany. It also unveiled the technologically advanced ROMAK (RMK) Pump at ACHEMA in June 2015 which is used for handling clean chemical liquids. The BHIMA LIS Telangana Project was commissioned in 2016-17. The Company manufactured largest split case pump and developed Closed Coupled Magnetic Drive Pump Type RMKC. 5 new improved series of pumps were launched at Sanand Plant in 2017. During 2017-18, Company commissioned largest bottom suction pump as a replacement to existing 80 years old make pump & motor at Kolkata Municipal Corporation. It commissioned vertical turbine pump at HNSS Pump Station in Andhra Pradesh. Kondhapuri plant completed development of larger size valves such as 2400 mm BFV, 1400 and 1800 mm turbine inlet valves, 1800 mm MDNRV etc. during the year. The Company launched 14 variants in 4' submersible pump range and 10 variants in 6' and above range. In the surface pump range, total 4 models were launched including the Swimming Pool pump during 2018-19. Further, launched the Kirloskar Vertical Multi-stage (KVM) pump, which has been predominantly developed for use in RO plants, and the K-Kleen 25 technology. Concrete Volute pumps supplied for BMA Thailand project and pumps for Cooling Water and Auxiliary Cooling Water application for EGAT and Marubeni projects were commissioned. The Binh Bo Pumping Station project in Vietnam was commissioned and handed over during the year 2018-19. A roof top solar power plant of 150 kW capacity was installed and its utilisation was started from June 2018 at Sanand Plant. The Company launched new products such as K-Booster and Mini soc further extended its CMS pump series. During the period 2019-20, KBL extended the KVM pump range far Reverse Osmosis application. It commissioned pumps for various applications across some of India's landmark projects, like Kartarpur Corridor Terminal (Indian side), Statue of Unity, ISRO's Thumba Equatorial Rocket Launching Station (TERLS), Thiruvananthapuram, and National Fire Service College - Nagpur (country's first fixed firefighting installation lab). It commissioned 5 vertical turbine pumps with 2350 kW motor rating at the South Bangkok Power plant. During 2020-21, the Company installed BHR 70 M Single Stage External Water Lubricated VT Pumps for the Sundargarh Odisha Mega Lift Irrigation Project. FM/UL VT pumps and FM/UL Horizontal Pumps were installed at the Sino Thai / MRT Yellow & Pink Line Metro lines of the Bangkok Metro. It erected and commissioned pump sets for the National Services Projects Organization (Egyptian Army) for agricultural development of 7000 Feddan in TOSHKA Phase III, Egypt. It supplied firefighting pumps for new Supreme Court building of Mauritius. It commissioned fire fighting pumps inside the 9.02 km long Atal tunnel, above 1,000 ft. During 2021-22, Company supplied 104 HYPN systems to HPCL's residential township in Barmer, Rajasthan; developed a new pump in horizontal execution for the IOCL 3G Ethanol project in the Oil & Gas segment; supplied large and medium-range VT pumps for projects in Madhya Pradesh, Gujarat and Orissa; supplied pumps for Haryana Lift Irrigation Schemes and UP Irrigation Dept (CESPO). It launched 53 variants of Monobloc pumps with IE4 Super Premium Efficiency motors and 16 variants of Monobloc pumps sets with Ultra-Premium Efficiency IE5 motors.

Kirloskar Brothers Ltd Chairman Speech

Greetings to all the Shareholders!

In my earlier communications with you, I have remarked on the ever-changing and dynamic nature of this world. In such an evolving world, our lives must be like water that constantly pursues its course and changes the environment it encounters.

Life at KBL is no different, as we prepare to transform in all senses of the term.

This new chapter of our evolutionary journey is truly exciting. For us, transformation is not merely a shift in routine, but an overall process of growth. This journey that commenced with the genesis of the company, robustly marches ahead even today, with every new system we develop, every new process we command and every new team member we add. We had promised our great nation a service, and we have kept our word. Moving forward, we will strive hard to continue the good work in the future, which is even more promising and will make our nation and our people even more proud.

This is a transformation led by technology. As the world becomes smaller, we grow bigger with the exchange of knowledge systems and precision in our work. We continue to develop the latest innovations in fluid management and make them work where most needed.

Nonetheless, a fundamental transformation like this cannot be achieved through technology alone. It goes beyond materials and machines and is truly reflected in the spirit of the teams that developed these machines. Consequently, each valued member of Team KBL is at the very foundation of this transformation. New thoughts, new ideas and newer avenues find greater expression and implementation in this new phase of transformation within the Company.

We have set new benchmarks and explored fresh opportunities for growth by being responsible, proactive and focussed on innovation and technology. We have also established higher standards of innovation, efficiency, reliability and sustainability. To give an example, our water solutions for diverse industries across the world serve Millions of people every single day - assisting them in moving water where it is most needed.

With strong underlying demand from domestic industries and a favourable order mix in the overseas markets, we strengthened our offerings with smart pumping solutions and expanded our services portfolio. We have also leveraged our brand and presence across industries by focussing extensively on our innovative digital solutions, besides expanding our presence in the renewable energy products market. We have introduced a new era of intelligence in pump systems. Our mission is to ensure that India becomes self-reliant in fluid management in all core sectors and strategic areas, and we are pleased to have been able to accomplish this purpose every single day.

The year marked the centenary of the Kirloskarvadi Railway Station, and we were elated to be honoured by India Post and Indian Railways for KBL's contribution in nation-building over the years. India has received some of the earliest engineering products from Kirloskarvadi, which has made a substantial contribution to its economic development.

Due to its connectivity and mobility, Kirloskarvadi Railway Station has played a critical role in the successful and remarkable journey of our Company, as it facilitated our reach into all corners of the world. In the initial years, the railway station and India Post served as the cornerstones of our primary operations and communications at Kirloskarvadi.

We are grateful to India Post and Indian Railways for releasing two special covers, ‘100 Years of Kirloskarvadi Railway Station', and a unique pictorial stamp featuring an image of KBL pump to acknowledge and highlight the significance of Kirloskarvadi. We are honoured, yet humbled, to receive these accolades that have been bestowed upon us.

We are taking significant steps in our ESG journey aiming at long-term resilient and sustainable value.

In FY 2022-23, our sustainable initiatives were targeted at enhancing the share of renewable energy (currently 23% in FY 2023; to be increased to 30% by FY 2025) in our total energy consumption, incentivisation of operational and value chain emissions, training suppliers on ESG aspects and our ESG-based principles, and exploring the sustainable alternatives for raw materials and packaging materials, among others.

Our main objective remains on designing and manufacturing energy-efficient products and services. We are also imbibing the aspects of circularity through encouraging reclamation of used products. Our employee well-being programmes focus on constant upskilling and providing regular career development reviews for enabling an agile and dynamic workforce. We have been instrumental in providing a safe working environment for our workforce with zero reportable incidents in FY 2023. We strive to conduct business in a transparent and accountable manner, including a strong oversight for ESG material topics and timely compliance with regulatory codes.

We are committed to building a sustainable and prosperous future, while staying true to the core values established by our founders. We firmly believe in the importance of responsible business practices that encompass environmental stewardship, social responsibility and strong governance. By maintaining a stringent focus on these principles, we aim to create a positive impact and contribute to the well-being of our communities, employees, customers and the environment.

Through our ‘One KBL' strategy, we endeavour to streamline our operations, optimise efficiency and strengthen our customer-centric focus. We value our customers' trust and loyalty, and this strategic integration is a testament to our dedication to their satisfaction. We are excited about this new growth phase and look forward to continue our journey of providing unparalleled products and services to our valued customers.

My great-grandfather, Shri Laxmanrao Kirloskar, was one of the earliest proponents of the government's recent ‘Make in India' motto, as he envisioned and contributed to make India AtmaNirbhar. Keeping the spirit of ‘Swadeshi' philosophy at the forefront of his thinking and planning, he established the first-of-its-kind industrial township ‘Kirloskarvadi' for manufacturing engineering products ‘in India by Indians'.

Our purpose of ‘Transcending Boundaries, Enriching Lives' keeps serving as the guiding light, a beacon that inspires us to go above and beyond to create meaningful experiences and contribute to the betterment of society.

Committed to delivering on our promises, we strive to uphold the trust and honour bestowed upon us, as we continue to move closer to this purpose. By remaining dedicated to our core values, we aim to exceed expectations and make a positive impact on the lives of our stakeholders.

I would like to take this opportunity to express my gratitude to all our stakeholders for their unwavering support and ongoing association with KBL. Your support has been invaluable to us.

Once again, I extend my sincere appreciation to all our stakeholders for their trust and continued partnership.

Your collaboration inspires us to strive for excellence in everything we do.

Together, we can forge a path towards a sustainable and inclusive future.

Warm Regards,

Sanjay C. Kirloskar

Chairman and Managing Director

Kirloskar Brothers Limited

   

Kirloskar Brothers Ltd Company History

Kirloskar Brothers Limited (KBL), a part of the century old Kirloskar group was incorporated in 15th January of the year 1920. The Company undertakes projects in fluid-handling, turnkey fluid-handling projects in irrigation, power, process, water supply and sewerage, turnkey small hydel projects and protective surface coating. The core products of the company are Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves, and Hydro turbines. Presently, the Company is engaged in providing fluid management solutions globally. Two new joint venture companies were incorporated, viz., Kirloskar Rateau Ltd., a 100% export oriented unit in India and Rateau Kirloskar international, Paris as a marketing company in co-operation with Alsthom Atlantique of Paris. Hence it became a subsidiary of the Company since its incorporation on 23rd April of the year 1984. During the year 1986, the company had entered into foreign collaboration agreements with M/s. Oil Tool Specialities Co., U.S.A., for the manufacture of Christmas trees and conventional wellhead assembles and with M/s. Godiva Fire Pumps Ltd, U.K., for the manufacture of fire fightings pumps and also with M/s. Nikkiso Co Ltd., Japan for the manufacture of canned motor pumps. The mobile fire fighting pump sets manufactured in technical collaboration with Godiva Fire Pumps Ltd. U.K. was well received in the market during the year 1988. In the year 1991, the plant for manufacturing submersible pumps under licence from Ebara Italia S.P.A. was erected in Shindewad, near Shirwal. KBL made technical collaborations with world-renowned companies in the year 1994 for manufacture of pumps, machine tools and hermetic compressors. Also in the same year the company received the Export Excellence Award from the Government of India for the seventh year in a row. In the year 1995, KBL had signed a technical collaboration agreement with Corrocoat Ltd. U.K. for the manufacture of anti-corrosion coatings for pumps. For the gateway to enter the power generation sector, the company has signed a co-operation and Technology Transfer agreement with Finmeccahica S.p.A. Azienda Ansaldo of Italy in the period of 1996 for manufacture of steam turbines. During the year 1997-98, the company inaugurated its Anti Corrosion coating plant at Kirloskarvadi with capacity of 150 TPA. In 1998-99, the company tied up with one of the world leaders in hydro-turbines-Ebara Corporation, Japan to offer turnkey execution facilities. KBL has entered into a distribution agreement with Erhard Gmbh and Co, Germany during the year 1999 and also the Toyota-Kirloskar, the 50:50 joint venture between Toyota and the company was sets up its first service station-cum-showroom at Goregoan in suburban Mumbai. In the year 2001, the company bagged two orders worth of Rs 519 crore, included Sardar Sarovar Nigam's Rs 442-crore contract to manufacture and commission pump stations in Saurashtra. During the year 2003, KBL had acquired certain assets and businesses of the UK-based SPP Pumps Ltd, a part of Thyssen Bornemiscza Group and also in the same year the company invested 19,50,000 GBP (Rs 14,90,77,500) in the share capital of a JV Company incorporated in the United Kingdom. KBL and Hindustan Construction Company Ltd (HCC) had jointly submitted a bid for Devadula, Godavari lift Irrigation Scheme of Government of Andhra Pradesh in the year 2004. The Contract was awarded to HCC and the company as joint bidders. The company bagged contract worth 1240 million in the year 2004, also bagged an order worth Rs 41,40,00,000 from Bharatiya Nabhikiya Vidyut Nigam Ltd acting through Nuclear Power Corporation of India Ltd, Mumbai for design, drawing, manufacture and supply etc of 3 primary sodium pumps, its spares and accessories and launched its new generation submersible pump Champion 2'. During the year 2005-2006, the company had hived off its Anti-Corrosive Product Division to form a joint venture Company with Corrocoat Ltd. -UK. The operations of this new company 'Kirloskar Corrocoat Private Limited' commenced from 1st April of the year 2006. During the period of 2006-07, the company had acquired 100% shares of Aban Constructions Pvt Ltd; a Chennai based company belongs to a reputed Aban Group, which engaged in oil and gas croos country pipelines and other construction activities. In September of the year 2007, KBL took over the management of The Kolhapur Steel (TKSL), a steel casting company, registered with the BIFR. KBL had received a letter of intent (LoI) from the Government of Andhra Pradesh, Irrigation & CAD Department during April of the year 2008 with respect of Rajiv Sagar Lift Irrigation Project (Dummugudem) for Rs 3.38 billion and in May of the same year 2008, KBL had bagged contracts from the Nuclear Power Corporation of India A/c Bhartiya Nabhikiya Vidyut Nigam of Rs 992.4 million and Euro 1.814 million for civil works and Electochiorination plants building and associates structures for sea water pump house package. As at July 2008, Kirloskar Brothers through its investment company namely Kirloskar Brothers International BV had formed a subsidiary company in Netherlands under the name and style as Kirloskar Brothers Europe B. V. The Scheme of Arrangement between KBL and Kirloskar Brothers Investments Ltd. (KBIL) and their respective shareholders, became effective on March 2, 2010, and a result certain investments in shares held by KBL, stands transferred and vested in KBIL. During the year 2010, the Company ceased to be subsidiary company of Better Value Holdings Private Limited, one of the promoters and a Kirloskar group Company. On acquisition of additional shares, with effect from November 12, 2009, Kirloskar Corrocoat Private Limited, Hematic Motors Private Limited, Pressmatic Electro Stampings Private Limited and Quadromatic Engineering Private Limited have become direct subsidiaries of the company alongwith Hematic Motors Private Limited's subsidiaries viz. ILa Electricals Private Limited, Vakasa Electricals Private Limited and Moreshwar Electricals Private Limited. On issue of shares in terms of Scheme of Arrangement, as approved by the Hon'ble High court of Judicature at Bombay, by Kirloskar Brothers Investments Limited (KBIL) to the shareholders of the Company, KBIL ceased to be a subsidiary company of Kirloskar Brothers Limited. Simultaneously, 50000 KBIL equity shares held by KBL also stand cancelled; on transfer of investments in Pooja Credits Private Limited and Kirloskar Silk Industries Limited held by Kirloskar Brothers Limited (KBL) to KBIL, these companies also ceased to be subsidiaries of KBL. On February 15, 2010, KBL sold shares held in its Wholly Owned Subsidiary SPP Pumps Limited (SPP) to its other Wholly Owned Subsidiary - Kirloskar Brothers International B.V (KBI) Netherlands. Thus SPP ceased to be the direct subsidiary company of KBL. Micawber 784 (Proprietary) Ltd., Kirloskar Brothers Limited's step down subsidiary through WOS Company, Kirloskar Brothers International B.V. (KBI BV), Netherlands, acquired balance 10% holding in Braybar Pumps (Proprietary) Ltd. (Braybar) on November 1, 2012. As a result, Braybar became 100% subsidiary of Micawber 784 (Proprietary) Ltd. The Company launched highly-advanced 'i-CAN' series of pumps, for the small scale industries, another product, 'i-NS' pump, which has been developed entirely with domestic technology in 2015. In November 2015, it commissioned Godavari Metropolitan Water Supply and Sewage Board project costing Rs 50 crores. It launched GK-P Pump at ACHEMA in Frankfurt, Germany. It also unveiled the technologically advanced ROMAK (RMK) Pump at ACHEMA in June 2015 which is used for handling clean chemical liquids. The BHIMA LIS Telangana Project was commissioned in 2016-17. The Company manufactured largest split case pump and developed Closed Coupled Magnetic Drive Pump Type RMKC. 5 new improved series of pumps were launched at Sanand Plant in 2017. During 2017-18, Company commissioned largest bottom suction pump as a replacement to existing 80 years old make pump & motor at Kolkata Municipal Corporation. It commissioned vertical turbine pump at HNSS Pump Station in Andhra Pradesh. Kondhapuri plant completed development of larger size valves such as 2400 mm BFV, 1400 and 1800 mm turbine inlet valves, 1800 mm MDNRV etc. during the year. The Company launched 14 variants in 4' submersible pump range and 10 variants in 6' and above range. In the surface pump range, total 4 models were launched including the Swimming Pool pump during 2018-19. Further, launched the Kirloskar Vertical Multi-stage (KVM) pump, which has been predominantly developed for use in RO plants, and the K-Kleen 25 technology. Concrete Volute pumps supplied for BMA Thailand project and pumps for Cooling Water and Auxiliary Cooling Water application for EGAT and Marubeni projects were commissioned. The Binh Bo Pumping Station project in Vietnam was commissioned and handed over during the year 2018-19. A roof top solar power plant of 150 kW capacity was installed and its utilisation was started from June 2018 at Sanand Plant. The Company launched new products such as K-Booster and Mini soc further extended its CMS pump series. During the period 2019-20, KBL extended the KVM pump range far Reverse Osmosis application. It commissioned pumps for various applications across some of India's landmark projects, like Kartarpur Corridor Terminal (Indian side), Statue of Unity, ISRO's Thumba Equatorial Rocket Launching Station (TERLS), Thiruvananthapuram, and National Fire Service College - Nagpur (country's first fixed firefighting installation lab). It commissioned 5 vertical turbine pumps with 2350 kW motor rating at the South Bangkok Power plant. During 2020-21, the Company installed BHR 70 M Single Stage External Water Lubricated VT Pumps for the Sundargarh Odisha Mega Lift Irrigation Project. FM/UL VT pumps and FM/UL Horizontal Pumps were installed at the Sino Thai / MRT Yellow & Pink Line Metro lines of the Bangkok Metro. It erected and commissioned pump sets for the National Services Projects Organization (Egyptian Army) for agricultural development of 7000 Feddan in TOSHKA Phase III, Egypt. It supplied firefighting pumps for new Supreme Court building of Mauritius. It commissioned fire fighting pumps inside the 9.02 km long Atal tunnel, above 1,000 ft. During 2021-22, Company supplied 104 HYPN systems to HPCL's residential township in Barmer, Rajasthan; developed a new pump in horizontal execution for the IOCL 3G Ethanol project in the Oil & Gas segment; supplied large and medium-range VT pumps for projects in Madhya Pradesh, Gujarat and Orissa; supplied pumps for Haryana Lift Irrigation Schemes and UP Irrigation Dept (CESPO). It launched 53 variants of Monobloc pumps with IE4 Super Premium Efficiency motors and 16 variants of Monobloc pumps sets with Ultra-Premium Efficiency IE5 motors.

Kirloskar Brothers Ltd Directors Reports

Kirloskar Brothers Ltd Company Background

Sanjay KirloskarSanjay Kirloskar
Incorporation Year1920
Registered OfficeYamuna Survey No 98 (3-7),Baner
Pune,Maharashtra-411045
Telephone020 6721 4444,Managing Director
Fax020 6721 1136
Company SecretaryDevang Trivedi
AuditorSharp & Tannan Associates
Face Value2
Market Lot1
ListingBSE,MSEI ,NSE,
RegistrarBigshare Services Pvt Ltd
E-2/3 Ansa Indl Est,Saki Vihar Road ,Sakinaka Andheri(E) ,Mumbai - 400072
Office No 56-2 ,Pinnacle Busine.Park,Mahakali Caves Road ,Mumbai - 400093

Kirloskar Brothers Ltd Company Management

Director NameDirector DesignationYear
Sanjay KirloskarChairman & Managing Director2023
Alok Sanjay KirloskarNon-Exec & Non-Independent Dir2023
Rama KirloskarJoint Managing Director2023
M S UnnikrishnanNon-Exec. & Independent Dir.2023
Shrinivas V DempoNon-Exec. & Independent Dir.2023
Shobinder DuggalNon-Exec. & Independent Dir.2023
Ramni NirulaNon-Exec. & Independent Dir.2023
Amitava MukherjeeNon-Exec. & Independent Dir.2023
Rekha SethiNon-Exec. & Independent Dir.2023
Vivek PendharkarNon-Exec. & Independent Dir.2023
Devang TrivediCompany Sec. & Compli. Officer2023

Kirloskar Brothers Ltd Listing Information

Listing Information
BSESMALLCA
BSEALLCAP
INDUSTRIAL
NFTMICC250
NFTYTOTMKT

Kirloskar Brothers Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
SalesNA0002475.4
Service ChargesNA00037.1847
Other Operating RevenuesNA00027.3498
Others TradedNA0000
Excise dutyNA0000
Spare Parts & OthersNA0000
Civil ReceiptsNA0000
AdjustmentNA0000
Proj. relating to Constr. AcNA0000
Anti Corrosion CoatingLtr0000
Castings-Alloy Iron & SteelMT0000
Castings-Cast IronMT0000
TurbinesNo0000
Pumps-Power DrivenNo0000
Pumps-TradedNo0000
Compressors-TradedNo0000
PloughsNo0000
Metal Cutting Mach.incl.Grind.No0000
ValvesNo0000
Valves-TradedNo0000
Reduction GearsNo0000
Electric MotorsNo0000
Motors-TradedNo0000
AlternatorsNo0000
Transformers-TradedNo0000

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