BSECompany Update5d ago · 10 Aug 2026, 12:56 pm
Please find enclosed intimation under Regulation 30 of the SEBI Listing Regulations, 2015 pertaining to transcript of Analyst Meet.
Kirloskar Brothers Ltd-$ · 500241
✦ AI Summary▲ PositiveResults
Kirloskar Brothers Ltd. has announced its unaudited financial results for Q1 FY '27, with a 13% year-on-year growth in consolidated revenue to Rs.11,049 million. The company's consolidated EBITDA for the quarter stood at Rs.1,306 million, with a 2% year-on-year growth and an EBITDA margin of 11.8%. The company also recorded a 4% year-on-year growth in consolidated order intake to Rs.13,954 million.
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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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Kirloskar Brothers Ltd-$ - 500241 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
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KIRLOSKAR BROTHERS LIMITED
A Kirloskar Group Company
SEC/ F:26 August 10, 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, Mumbai – 400 001.
(BSE Scrip Code – 500241) (NSE Symbol - KIRLOSBROS)
Dear Sir/Madam,
Sub: Transcript of Conference Call with Analysts / Investors on Unaudited Financial
Results for the Quarter ended on June 30, 2026
Ref: Regulation 30 & 46 read with Clause 15 of Para A of Part A of Schedule III of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015
This is in continuation of our letter dated July 27, 2026 giving intimation of the subject mentioned
conference call and subsequently furnishing the web link for accessing the Audio recording of
the said conference call vide our letter dated August 03, 2026.
In terms of the subject referred Regulations, please find attached the transcript of the Conference
Call held on August 03, 2026 with Analysts / Investors on Unaudited Financial Results of the
Company for the quarter ended on June 30, 2026.
Please note that the said transcript has also been uploaded on the website of the Company
(https://www.kirloskarpumps.com) which can be accessed at the following link:
Link: https://www.kirloskarpumps.com/investors/financial-information/analyst_meeting_transcript/
You are requested to take the same on your records.
Thanking you,
Yours faithfully,
For KIRLOSKAR BROTHERS LIMITED
Devang Trivedi
Company Secretary
Encl.: As above.
Registered Office & Global Headquarters: “Yamuna”, Survey No. 98/(3 to 7), Plot No. 3, Baner, Pune - 411 045, Maharashtra, India.
Tel: +91 20 2721 4444, 6721 4444 | Fax: +91 20 6721 1060 | Email: marketing@kbl.co.in | Website: www.kirloskarpumps.com
CIN No.: L29113PN1920PLC000670
“Kirloskar Brothers Limited
Q1 FY '27 Earnings Conference Call”
August 03, 2026
Disclaimer: E&OE - This transcript is edited for factual errors. In case of discrepancy, t he audio recording uploaded on the
stock exchange on 03rd August 2026 will prevail.
MANAGEMENT: MR. SANJAY KIRLOSKAR – CHAIRMAN AND
MANAGING DIRECTOR – KIRLOSKAR BROTHERS
LIMITED
MR. ALOK KIRLOSKAR – MANAGING DIRECTOR –
KIRLOSKAR BROTHERS INTERNATIONAL B.V.
MS. RAMA KIRLOSKAR – JOINT MANAGING DIRECTOR
– KIRLOSKAR BROTHERS LIMITED AND MANAGING
DIRECTOR – KIRLOSKAR EBARA PUMPS LIMITED
MR. BHAVESH CHHEDA – CHIEF FINANCIAL OFFICER
– KIRLOSKAR BROTHERS LIMITED
MR. DEVANG TRIVEDI – COMPANY SECRETARY –
KIRLOSKAR BROTHERS LIMITED
Page 1 of 15
Kirloskar Brothers Limited
August 03, 2026
Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY '27 Kirloskar Brothers Limited
Conference Call. As a reminder, all participant lines will be in the listen-only mode and there
will be an opportunity for you to ask questions after the presentation concludes. Should you need
assistance during the conference call, please signal an operator by pressing star then zero on
your touchtone phone.
This conference call may contain forwarding statements about the company, which are based on
beliefs, opinions and expectations of the company as on the date of this call. These statements
are not the guarantees of the future performance of the company as on the date of this call. These
statements are not the grantees of future performance and it involves risks and uncertainties that
are difficult to predict.
I now hand conference over to Mr. Sanjay Kirloskar, Chairman & Managing Director from
Kirloskar Brothers Limited. Thank you, and over to you, sir.
Sanjay Kirloskar: Thank you. Good afternoon, everyone. On behalf of Kirloskar others Limited, I extend a very
warm welcome to all who have joined us on our call today. I hope everyone had an opportunity
to go through the financial results and the investor presentation, which have been uploaded on
the stock exchange and on the company's website.
On this call with me, I have Mr. Alok Kirloskar, Managing Director, Kirloskar Brothers
International B.V.; Ms. Rama Kirloskar, Joint MD KBL and MD Kirloskar Ebara Pumps
Limited; Mr. Bhavesh Chheda, our Chief Financial Officer; Mr. Devang Trivedi, our Company
Secretary; and Strategic Growth Advisors, our Investor Relations Advisor.
Let me begin my remarks by giving some business highlights. Pleased to report that for Q1 of
fiscal year '27, our consolidated revenue stood at Rs.11,049 million, registering a healthy 13%
growth year-on-year. This performance was driven by robust demand across our diverse product
portfolio of products and services, reflecting our strong market positioning, customer-centric
approach and execution capabilities. Growth was well supported by sustained momentum across
both domestic and international markets. So we continue to capitalize on emerging opportunities
and strengthen our presence.
Our consolidated EBITDA for the quarter stood at Rs.1,306 million, registering a 2% year-on-
year growth with EBITDA margin of 11.8%. During the quarter, we also recorded good order
inflows across both domestic and international markets. Our consolidated order intake grew by
4% year-on-year to Rs.13,954 million, providing continued visibility for future growth.
Turning to our standalone domestic business for Q1 FY '27.
Revenue increased by 9% year-on-year to Rs.6,738 million, while EBITDA grew by 16% to
Rs.920 million. Profit after tax stood at Rs.540 million, reflecting a 15% year-on-year growth.
Our healthy order book coupled with our focused approach towards high potential business
opportunities provides us with confidence in our growth outlook. We remain confident of
delivering double-digit revenue growth in FY '27 over FY '26 for our standalone business.
Page 2 of 15
Kirloskar Brothers Limited
August 03, 2026
As on June '26, our domestic pending orders amounted to Rs.25,577 million, excluding small
pump order book, reflecting a strong pipeline. Further, we are seeing good order inflows across
segments.
On the international front,
We reported a 19% year-on-year growth in revenue during Q1 FY '27. This performance was
primarily driven by strong execution across SPP USA and Kirloskar Brothers Thailand Limited.
SPP USA continues to witness encouraging traction in data centers, fire and HVAC projects.
EBITDA stood at Rs.207 million with EBITDA margin of 5.1%. This moderation was primarily
attributable to a lower contribution from the services business which traditionally carries higher
margins. We are actively focused on expanding the services portfolio, which we believe will
support improvement going forward. Our overseas pending order book stood at Rs.15,045
million, providing strong visibility for the coming quarters.
Looking ahead, we remain optimistic about the company's growth trajectory backed by a healthy
mix of domestic and international business, a robust order pipeline and continued focus on
operational excellence. The company is well positioned to deliver sustainable growth in periods
ahead. This is all from my side.
We can now begin the Q&A session. Thank you.
Moderator: Thank you very much. The first question is from the line of Manish Goyal from Thinqwise
Wealth Advisors.
Manish Goyal: I have a couple of questions. Just on the standalone business observation on the stock adjustment,
it seems that dispatches are being delayed because we have an inventory buildup like in Q1 also
stock adjustment is Rs.82 crores. And FY26 Annual Report also shows that inventory working
progress has jumped from 180 to 241. Advances to suppliers have jumped from Rs.32 crores to
Rs.91 crores. So sir, does it imply that a lot of dispatches are withheld? Or is there any concern
on that front, which is probably hindering the double-digit growth for us? That was the first
question.
Second question is, sir, you did allude that SPP U.K. had a revenue mix issue with lower services
contribution. So, by when should we be able to see the benefit of expansion of the service
port
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