General Updates

14th July 2026 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), Mumbai – 400 001 Mumbai – 400 051 Dear Sir/Madam, Subject: Re-submission of the Annual Report of the Financial Year 2025-26 Pursuant to Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder and in continuation to our letter dated 13th July 2026, please find enclosed the revised copy of the Annual Report for the Financial Year 2025-26 including Notice of Annual General Meeting (AGM) of the Company scheduled to be held on 7th August 2026. Please note that the only change made is to the image on the cover page; the text and content of the Annual Report 2025-26 remain entirely unchanged. The revised Annual Report for Financial Year 2025-26 including Notice of AGM are also available on the website of the Company at www.kirloskaroilengines.com. You are kindly requested to take the same on your record. Thanking you. Yours Faithfully, For Kirloskar Oil Engines Limited Farah Irani Company Secretary and Compliance Officer Encl.: As above. Corporate Overview Statutory Reports Financial Statements Oil Engines Engineering the Future of Performance Annual Report 2025-26 Kirloskar Oil Engines Limited | A Kirloskar Group Company Annual Report 2025-26 A Corporate Overview Statutory Reports Financial Statements MADE IN KIRLOSKAR Engineering the Future of Performance Engineering finds its true meaning in the making. Built on a century-long engineering foundation, KOEL continues to translate ideas into impactful solutions through focused in-house R&D in India and a deep commitment to indigenous development. The spirit of 'Made in Kirloskar' reflects our identity of celebrating the craft of engineering, the skill of our people, and the quiet act of building for the nation. As we move forward, we firm up our commitment to shaping a self-reliant, innovation-led future that supports the vision of Make-in-India. Redrawing India’s Engineering at Data Center expansion power frontiers - scale - Built for - Electrifying India’s Optiprime genset what cannot run digital core out of charge Read more at Page 34 Read more at Page 52 Read more at Page 70 B Kirloskar Oil Engines Limited | A Kirloskar Group Company Annual Report 2025-26 1 Corporate Overview Statutory Reports Financial Statements Blending tech finesse with market relevance Our advanced engineering capabilities span a Digital intelligence is redefining performance, and comprehensive portfolio of air-cooled and liquid- Kirloskar is at the forefront of this transformation. cooled engines ranging from 3 kVA to 12,000 kVA, Through IoT-enabled gensets, predictive remote enabling us to serve applications of every scale and monitoring systems, microgrid solutions and complexity. From industrial operations and critical intelligent controllers such as Optiprime, we are infrastructure specialised power needs, we deliver helping customers optimise uptime, efficiency and customised solutions designed for performance, control. durability and efficiency. Our engineering ambit has a robust after-sales Driven by dedicated Corporate Research & system supported by an extensive service and Engineering (CRE) and Application Engineering (AE) distribution network. Whether enabling high- divisions, our innovation ecosystem is focused on horsepower industrial applications or empowering anticipating the future. We engineer application- farmers with accessible mechanisation solutions, specific solutions, blending technical precision with we remain committed to engineering outcomes that market relevance for specific requirements. This create lasting value. helps us stay agile in a world of spiralling demand for performance. As we move forward, Kirloskar Oil Engines Limited continues to engineer the future of performance, Sustainability is integral to our vision. Our portfolio with innovation in our thinking, sustainability in our includes emission-compliant and environmentally approach, and trust in everything proudly Made in responsible technologies, while our leadership in Kirloskar. alternative fuels such as biodiesel, natural gas, HFEC* and biogas-based engines, underscores our commitment to cleaner energy pathways. We are also advancing fuel-agnostic and hybrid genset technologies that offer greater flexibility, resilience and lower environmental impact. * Hydrogen Fuel Enhanced Combination 2 Kirloskar Oil Engines Limited | A Kirloskar Group Company Annual Report 2025-26 3 Corporate Overview Statutory Reports Financial Statements CONTENTS About the report CCOROPORRATEP OAbout Rthe repAort TE5 Business offerings 26 OVERVIEW Corporate information 6 Leadership message 30 We are pleased to present our Annual Report which Scope and boundary includes voluntary information to the extent available OVERVDecadIe aEt a glaWnce 7 Optiprime gensets - Redrawing to us, in accordance with the reporting framework This report provides comprehensive information about the business ENGINEERING India’s power frontiers 34 developed and designed by International Integrated activities of Kirloskar Oil Engines Limited (KOEL), suitably communicated About Kirloskar Group 8 EXCELLENCE Reporting Council (IIRC). through the six strategic goals as per the guidelines defined by the Governance 36 International Integrated Reporting Council (IIRC). About the Company 14 This report is primarily intended to address the Board of Directors 40 information requirements of investors (our equity and The document encapsulates our business model, overarching performance Wins and developments prospective investors). Our endeavour is to present and corresponding results. It is important to note that the financial capital FY 25-26 18 Leadership Team 42 this information in a manner that is also relevant to all parameters discussed in this report pertain exclusively to ‘Kirloskar Oil the key stakeholders. This report also aligns with the Engines Limited’ on a standalone operation. Growth journey 20 Risk management 44 Companies Act, 2013, Indian Accounting Standards Presence 22 Performance highlights 48 and SEBI (Listing Obligations and Disclosure Reporting period Requirements) Regulations, 2015. The major reporting period for the Annual Report is April 1st, 2025 to VALUE Engineering at scale - Built for March 31st, 2026. However, certain portions of the report provide facts and CREATION what cannot run out of charge 52 Aligned with: numbers from prior years in order to give readers a complete picture. Business model 54 Stakeholder engagement 62 z The Companies Act, 2013 Assurance for financial statements Operating context 56 z Indian Accounting Standards Materiality assessment 66 z The Securities and Exchange Board of To ensure the integrity of facts and information, the financial statements India (Listing Obligations and Disclosure are audited by M/s. G. D. Apte & Co., Chartered Accountants. In addition, STRATEGIC Data Center expansion - Requirements) Regulations, 2015 the ‘Independent Auditor’s Report’ has been duly incorporated as part of PERFORMANCE Electrifying India’s digital core 70 this report. REVIEW Launching our next orbit: The 2B2B vision 72 Stakeholder engagement and materiality SSTATTUTAORTY UNotiTce of tOhe AnnuRal Y Goal 1: Grow 74 Stakeholder consultation is central to KOEL's approach to identifying and General Meeting 114 REPORTS managing material topics, risks and opportunities. Following a materiality Goal 2: Innovate 78 Board's Report 128 reassessment in CY 25, stakeholder engagement was carried out primarily REPORTS through structured surveys, designed to capture perceptions on the Goal 3: Excel 82 Management Discussion importance of identified environmental, social and governance topics. Inputs [Showing first 8,000 characters — download PDF for full document]