Kirloskar Oil Engines Ltd
KOEL, one of the flagship companies of the Kirloskar group, manufactures and services diesel engines and diesel generator sets. The company also makes diesel, petrol and kerosene-based pump sets. It has manufacturing units in Pune, Kagal, and Nashik. The company caters to the agriculture, power generation, and industrial sectors.[1]
- Market Cap ₹ 15,007 Cr.
- Current Price ₹ 1,034
- High / Low ₹ 1,450 / 644
- Stock P/E 29.0
- Book Value ₹ 201
- Dividend Yield 0.58 %
- ROCE 15.0 %
- ROE 17.7 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 18.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 24.9%
Cons
- Stock is trading at 5.15 times its book value
- Company has a low return on equity of 13.8% over last 3 years.
- Promoter holding has decreased over last 3 years: -18.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engines
Part of Nifty MidSmallcap 400 BSE 250 SmallCap Index Nifty500 Multicap Infrastructure 50:30:20 Nifty Total Market Nifty Smallcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
2,464 | 2,674 | 3,055 | 3,626 | 3,379 | 3,296 | 4,022 | 5,020 | 5,897 | 6,186 | |
2,187 | 2,390 | 2,790 | 3,251 | 3,085 | 2,909 | 3,610 | 4,286 | 4,873 | 5,010 | |
Operating Profit | 277 | 283 | 265 | 376 | 295 | 387 | 412 | 734 | 1,025 | 1,176 |
OPM % | 11% | 11% | 9% | 10% | 9% | 12% | 10% | 15% | 17% | 19% |
49 | 83 | 72 | 63 | 52 | 17 | 27 | 29 | 18 | 44 | |
Interest | 9 | 3 | 12 | 13 | 14 | 50 | 106 | 210 | 328 | 397 |
Depreciation | 111 | 111 | 123 | 94 | 87 | 84 | 101 | 105 | 119 | 125 |
Profit before tax | 205 | 253 | 203 | 331 | 245 | 270 | 232 | 449 | 595 | 698 |
Tax % | 19% | 31% | 33% | 34% | 23% | 27% | 26% | 26% | 26% | |
165 | 174 | 136 | 220 | 188 | 197 | 171 | 332 | 440 | 518 | |
EPS in Rs | 11.44 | 12.02 | 9.66 | 15.16 | 12.81 | 13.48 | 12.07 | 22.96 | 30.48 | 36.22 |
Dividend Payout % | 44% | 42% | 52% | 33% | 31% | 30% | 33% | 22% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 21% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 32% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 48% |
3 Years: | 80% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
Reserves | 1,415 | 1,588 | 1,547 | 1,670 | 1,716 | 1,893 | 2,053 | 2,275 | 2,647 | 2,885 |
7 | 12 | 142 | 90 | 189 | 849 | 1,965 | 3,244 | 4,142 | 5,430 | |
519 | 541 | 783 | 807 | 825 | 1,026 | 975 | 1,169 | 1,450 | 1,437 | |
Total Liabilities | 1,970 | 2,170 | 2,500 | 2,595 | 2,759 | 3,797 | 5,021 | 6,717 | 8,268 | 9,782 |
475 | 440 | 702 | 663 | 623 | 698 | 721 | 689 | 769 | 931 | |
CWIP | 29 | 15 | 30 | 41 | 78 | 55 | 43 | 69 | 293 | 226 |
Investments | 791 | 988 | 675 | 711 | 433 | 834 | 738 | 658 | 489 | 675 |
674 | 727 | 1,093 | 1,180 | 1,626 | 2,210 | 3,519 | 5,302 | 6,718 | 7,948 | |
Total Assets | 1,970 | 2,170 | 2,500 | 2,595 | 2,759 | 3,797 | 5,021 | 6,717 | 8,268 | 9,782 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
99 | 171 | 136 | 192 | -124 | -16 | -1,041 | -920 | -469 | |
82 | -190 | 7 | -38 | 233 | -465 | -3 | -145 | -109 | |
-176 | 2 | -96 | -153 | -43 | 599 | 950 | 1,182 | 800 | |
Net Cash Flow | 6 | -16 | 48 | 1 | 67 | 118 | -93 | 117 | 223 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 27 | 48 | 41 | 45 | 49 | 43 | 38 | 38 |
Inventory Days | 49 | 49 | 64 | 49 | 69 | 68 | 54 | 64 | 67 |
Days Payable | 82 | 77 | 91 | 69 | 70 | 106 | 80 | 79 | 83 |
Cash Conversion Cycle | -10 | -0 | 21 | 21 | 43 | 10 | 17 | 23 | 22 |
Working Capital Days | 8 | 21 | 33 | 19 | 56 | 47 | 94 | 108 | 85 |
ROCE % | 13% | 10% | 17% | 12% | 13% | 10% | 13% | 15% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 19 Dec
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Dec - Outcome of investor meetings on operational overview.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Dec - Outcome of investor meetings held on 18th December 2024.
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
17 Dec - Intimation of lost share certificates by shareholders.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 Dec - Outcome of investor meetings held on 16th December 2024.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
Concalls
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT REC
-
May 2024Transcript PPT
-
May 2024TranscriptNotesPPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021TranscriptPPT
-
Feb 2021TranscriptPPT
-
Oct 2020TranscriptPPT
-
Jul 2020TranscriptPPT
-
Jan 2017TranscriptPPT
-
Aug 2016TranscriptPPT
-
May 2016TranscriptPPT
-
Jan 2016TranscriptPPT
-
Oct 2015TranscriptPPT
Products and Brands[1]
B2B Segment
Engines and Gensets, Industrial Engines, Power Solutions for Large / Institutional, Project Clients (Marine, Defence etc), After Sales Support, Retail Channel – Tractor spares, Oil, Batteries.