NSEPress Release3d ago · 6 Nov 2026, 03:00 pm
Press Release
Kirloskar Electric Company Limited · KECL
✦ AI Summary▲ PositiveResults
Kirloskar Electric Company Limited has announced its unaudited standalone financial results for the second quarter and half-year ended September 30, 2026, with revenue from operations standing at ₹164 crore, a growth of 16% YoY, and PAT standing at ₹6 crore, a growth of 32% YoY.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Kirloskar Electric Company Limited has informed the Exchange regarding a press release dated November 06, 2026, titled Press Release on the unaudited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2026".
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KIRLOSKAR ELECTRIC COMPANY LTD.,
Sect./46/2026-27
November 6, 2026
The Manager, The Manager,
Corporate Relationship Department, The Listing Department,
BSE Limited, National Stock Exchange of India Limited,
2nd Floor, New Trading Ring, C-1, Block ‘G’, 5th Floor, Exchange Plaza,
Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East),
Dalal Street, Mumbai – 400 001. Mumbai – 400051.
Scrip: 533193; ISIN: INE134B01017 Symbol: KECL; ISIN: INE134B01017;
Dear Sir,
Sub: Press Release – Unaudited Financial Results (Standalone and Consolidated) for the quarter
and half year ended September 30, 2026;
Date & time of occurrence of event: 06.11.2026 at 12:54 P.M;
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find attached herewith the Press Release on the unaudited (Standalone and
Consolidated) Financial Results for the quarter and half year ended September 30, 2026.
A copy of press release will also be made available on Company’s website at
www.kirloskarelectric.com.
Kindly take the above on record and oblige.
Thanking you
Yours faithfully
For Kirloskar Electric Company Limited
Mahabaleshwar Bhat
Company Secretary & Compliance Officer
Encl: a/a
Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058
T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com
Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com
CIN: L31100KA1946PLC000415
KIRLOSKAR ELECTRIC COMPANY LTD.,
PRESS RELEASE
Revenue Up 16% YoY, Operating EBITDA Up 67% and PAT Up 32%
Q2 revenue grows 58% over Q1; H1 FY27 order inflow grows 18% YoY to ₹348 crore
Bengaluru, India, 6 November 2026: Kirloskar Electric Company Limited (NSE: KECL; BSE:
533193 ISIN: INE134B01017) one of India’s established manufacturers of motors, alternators,
generators, transformers and DG sets, today announced its unaudited standalone financial results for
the second quarter and half-year ended 30 September 2026.
₹164 Cr ₹12 Cr ₹6 Cr ₹348 Cr
Revenue from Operations* EBITDA* PAT* Order Inflow (H1 FY27)
16% YoY | 58% QoQ 7.6% margin 32% YoY 18% YoY
* Q2 FY27
Financial Summary (Standalone)
Particulars (₹ crore) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY
Revenue from Operations 164.44 142.11 16% 268.29 274.35 −2%
EBITDA* 12.45 12.05 3% 12.76 19.92 −36%
EBITDA Margin 7.6% 8.5% −91 bps 4.8% 7.3% −250 bps
Operating EBITDA (excl. other
10.77 6.44 67% 10.40 13.35 −22%
income)
Profit Before Tax 6.00 4.53 32% 0.05 4.98 −99%
PAT 5.99 4.53 32% 0.00 4.98 n.m.
PAT Margin 3.6% 3.2% 45 bps 0.0% 1.8% n.m.
* EBITDA includes other income. n.m. = not meaningful.
• Revenue from Operations stood at ₹164 crore during Q2 FY27, growth of 16% YoY and 58% QoQ.
• Operating EBITDA (excluding other income) stood at ₹11 crore during Q2 FY27, growth of 67%
YoY; reported EBITDA was ₹12 crore at a margin of 7.6%.
• PAT stood at ₹6 crore during Q2 FY27, growth of 32% YoY, against a loss of ₹6 crore in Q1 FY27.
• Revenue from Operations stood at ₹268 crore during H1 FY27, against ₹274 crore in H1 FY26.
• Q2 FY27 performance reflects improved execution across business units, lower finance costs and
better absorption of employee costs.
Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058
T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com
Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com
CIN: L31100KA1946PLC000415
KIRLOSKAR ELECTRIC COMPANY LTD.,
Business Updates – Q2 FY27 & H1 FY27
• Order inflow stood at ₹164 crore during Q2 FY27, reflecting 9% YoY growth; H1 FY27 order
inflow of ₹348 crore was 18% higher than H1 FY26.
• Rotating Machines revenue grew 24% YoY to ₹84 crore, led by HV machines, alternators and EV
motors.
• Power Generation / Distribution revenue was ₹67 crore, in line with Q2 FY26; healthy order inflow
for transformers supports execution visibility into H2.
• Revenue from the Others segment, including spares and services, increased 14% YoY to ₹14 crore.
• CRISIL upgraded the Company’s long-term rating by two notches, from CRISIL B+/Stable to
CRISIL BB/Stable, on 22 October 2026.
• The Company has completed an equity infusion of ₹40 crore, strengthening its net worth and
liquidity.
• The Company has received a sanction of ₹100 crore from Kotak Mahindra Bank.
“Q2 reflects a positive momentum moving into H2. Revenue has returned to its planned trajectory, and
operating profitability has improved materially. With the credit rating upgrade and the equity infusion
completed, the Company has a stronger balance sheet to support working capital and execution in the
second half. Our focus remains on execution discipline, working-capital management and margin
improvement.”
Vijay R. Kirloskar, Executive Chairman
About Kirloskar Electric Company Limited
Founded in 1946, Kirloskar Electric Company Limited is one of India’s established electrical
engineering manufacturers, producing motors, alternators, generators, transformers and DG sets for the
power, industrial, infrastructure and mobility sectors. The Company operates five manufacturing plants
at Mysuru, Tumakuru, Govanahalli, Pune and Hubballi, supported by 14 domestic branch offices and
international offices in Singapore and the UAE.
For further information, please contact:
Mr. Mahabaleshwar Bhat, Company Secretary | +91 80 28397256 | investors@ kirloskarelectric.com
Forward-Looking and Cautionary Statement
This press release may contain forward-looking statements concerning the business, operations and financial performance of
Kirloskar Electric Company Limited. Such statements are based on current expectations and assumptions and are subject to
risks and uncertainties that may cause actual results to differ materially. The Company undertakes no obligation to update or
revise any forward-looking statement. This document is for information only and does not constitute an offer or
recommendation
Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058
T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com
Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com
CIN: L31100KA1946PLC000415