Integrated Filing — IndAS



General information about company

Scrip Code 533293
NSE Symbol KIRLOSENG
MSEI Symbol NOTLISTED
ISIN INE146L01010
Name of company Kirloskar Oil Engines Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment B2B
Start date and time of board meeting 11-02-2026   15:00:00
End date and time of board meeting 11-02-2026   16:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There are no default on Loans and Debt Securities



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,38,061.00 4,11,212.00
Other income 800.00 3,177.00
Total income 1,38,861.00 4,14,389.00
2 Expenses
(a) Cost of materials consumed 68,874.00 2,17,233.00
(b) Purchases of stock-in-trade 16,641.00 52,160.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 4,322.00 (2,559.00)
(d) Employee benefit expense 9,657.00 26,591.00
(e) Finance costs 217.00 798.00
(f) Depreciation, depletion and amortisation expense 3,613.00 10,412.00
(f) Other Expenses
1 Other Expenses 22,288.00 64,550.00
2 Expenses capitalised (Refer note no.1) (602.00) (1,207.00)
Total other expenses 21,686.00 63,343.00
Total expenses 1,25,010.00 3,67,978.00
3 Total profit before exceptional items and tax 13,851.00 46,411.00
4 Exceptional items (2,008.00) (2,008.00)
5 Total profit before tax 11,843.00 44,403.00
6 Tax expense
7 Current tax 3,556.00 11,718.00
8 Deferred tax (450.00) (355.00)
9 Total tax expenses 3,106.00 11,363.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 8,737.00 33,040.00
12 Profit (loss) from discontinued operations before tax (140.00) 2,609.00
13 Tax expense of discontinued operations (35.00) 657.00
14 Net profit (loss) from discontinued operation after tax (105.00) 1,952.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 8,632.00 34,992.00
17 Other comprehensive income net of taxes 240.00 (247.00)
18 Total Comprehensive Income for the period 8,872.00 34,745.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,907.00 2,907.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.01 22.74
Diluted earnings (loss) per share from continuing operations 6 22.72
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.07 1.34
Diluted earnings (loss) per share from discontinued operations -0.07 1.34
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.94 24.08
Diluted earnings (loss) per share from continuing and discontinued operations 5.93 24.06
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. Notes related to XBRL results specifically profit and loss Amounts reported in Other Expenses as Expenses capitalised is separate line item in published results, however as there is no separate placeholder in XBRL hence it is been shown under Total Other Expenses. 2.The Company mainly operates in the business of manufacturing of Engines wherein two customer based reportable segments have been identified namely - Business to Business B2B and Business to Customer B2C upto 10th October 2025 refer note 4. However, post transfer of net assets of B2C business segment, the Company operates in a segment of B2B at standalone level. Further as per para 4 of Ind AS 108 Operating Segments the Company is required to disclose segment information only in the Consolidated Financial Results. Accordingly disclosure of this information has been included under Consolidated Financial Results for the quarter and nine months ended 31st December 2025. 3.The above statement has been prepared in accordance with The Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of The Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 4.Exceptional items reported i) during the year ended 31st March 2025 represents gain on sale of aircraft amounting to Rs 20.90 Crores and ii) during the quarter and nine months ended 31st December 2025 represents impact of Rs 20.08 Crores for the estimated incremental liability of employee benefit obligations resulting on account of the New Labour Codes. Effective 21 November 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws, collectively referred to as the 'New Labour Codes'. Based on the requirements of New Labour Codes and relevant Accounting Standards, the Company has evaluated the potential impact and estimated the liability for employee benefit obligations , which has resulted in an incremental expense of Rs 20.08 Crores, on account of recognition of past service costs. Considering the materiality and regulatory driven, non-recurring nature of this impact, the Company has presented this under Exceptional items. The Company continues to monitor developments on the rules to be notified by regulatory authorities, including clarifications/ additional guidance from authorities and will continue to assess the accounting implications basis such developments/ guidance. 5.The Board of Directors of the Company in its meeting held on 10th October 2025 approved the transfer of the Company's Business to Customer (“B2C”) business segment i.e. Water Management Solutions (“WMS”) – Domestic & Exports Business by way of slump sale as a going concern to its wholly owned subsidiary, 'KOEL Fluid Dynamics Private Limited' (KFD) (Formerly known as La-Gajjar Machineries Private Limited (LGM)). The aforesaid B2C business segment of the Parent Company is transferred to KFD (LGM) with effect from 11th October 2025. The consideration is in the form of issuance and allotment of 10,65,150 equity shares of KFD (LGM) having face value of Rs 10/- each to the Parent Company, on a private placement basis, on terms as set out in the Business Transfer Agreement.Accordingly, the net assets have been transferred on a slump sale basis at their carrying values, and the consideration has been accounted for at such carrying values as an addition to the Company’s investment in the subsidiary, consistent with the Company’s accounting policy, in accordance with the applicable accounting standards. The operations of the Business to Customer (“B2C”) business of the Company has been classified as Discontinued Operations for all the periods presented in these unaudited standalone financial results of the Company, in accordance with the applicable accounting standards. Since the transaction is with the wholly owned subsidiary company, there is no impact on the unaudited consolidated financial results. The results of the business classified as discontinued operations in the unaudited standalone financial results are as under: (a) Revenue from operations and other income : Nil for Q3 FY26 (Rs 318.07 Crores YTD FY26) (b) Total expenses : Rs.1.40 Crores for Q3 FY26 (Rs 291.98 Crores YTD FY 26) (c) Profit/(loss) before tax (a-b) : Rs (1.40) Crores for Q3 FY26 (Rs 26.09 Crores YTD FY26) (d) Tax expense/(income) of discontinued operations : Rs (0.35) Crores for Q3 FY26 (Rs 6.57 Crores YTD FY26) (e) Profit/(loss) after tax (c - d) : Rs (1.05) Crores for Q3 FY26 (Rs 19.52 Crores for YTD FY26) 6.The Company consistently recognizes provision for any significantly delayed receivables, for accounting of expected credit losses. With respect to the provision made for the receivables against sales of Gensets to a specific customer in prior years, the (income) or expense in the Statement of Profit and Loss for the quarter and nine months ended 31st December 2025 was Nil [Rs (41.47) Crores for FY 2024-2025; Nil and Rs (41.47) Crores during the quarter ended 31st December 2024 and the nine months ended 31 December 2024 respectively]. 7. During the quarter ended 31st December 2025, the Company has allotted 36,279 fully paid-up equity shares of Rs 2/- each to the option grantees upon exercise of Employee Stock Options pursuant to ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019' ('KOEL ESOP 2019'). Consequent to aforesaid allotment, the paid-up equity share capital of the Company has increased from 14,52,95,135 fully paid-up equity shares of Rs 2/- each to 14,53,31,414 fully paid-up equity shares of Rs 2/- each. 8. The figures for the previous periods have been regrouped wherever required to make them comparable with those of the current periods. The impact of such regroupings is not material to the financial results. 9. The above standalone financial results for the quarter and nine months ended 31st December 2025 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 11th February 2026 and are subjected to a Limited Review by the Statutory Auditors of the Company. 10. The Board of Directors in its meeting held on 11th February 2026 has declared an interim dividend of Rs 2.50 /- ( 125%) per equity share of Rs 2/- each for the year ended 31st March 2026. The record date for payment of interim dividend is 20th February 2026.



Remarks

Debt equity ratio Not applicable
Debt service coverage ratio Not applicable
Interest service coverage ratio Not applicable


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Company mainly operates in the business of manufacturing of Engines wherein two customer based reportable segments had been identified namely - Business to Business B2B and Business to Customer B2C upto 10th October 2025. However, post transfer of net assets of B2C business segment, the Company operates in a segment of B2B only at standalone level. Further as per para 4 of Ind AS 108 Operating Segments the Company is required to disclose segment information only in the Consolidated Financial Results. Accordingly disclosure of this information has been included under Consolidated Financial Results for the quarter and nine months ended 31st December 2025. Explanatory notes related to XBRL : In the General Info section, for the field Segment Reporting we have selected Single Segment though we have Multi Segments i.e B2B and B2C till 10th October 2025. However, post transfer of net assets of B2C business segment, the Company operates in a segment of B2B only at standalone level. When we are selecting Multi Segment in General Info Section, it is mandatory to fill in the Segment Reporting tab or else there is validation error. However as per para 4 of Ind AS 108 “Operating Segments”, the Company is required to disclose segment information only in the Consolidated Financial Results. Accordingly, disclosure of this information has been included under Consolidated Financial Results for the quarter and nine months ended 31st December 2025. To keep the XBRL aligned with published standalone results and avoid the validation error, we have reported the Single segment in Info Section and reported the Consolidated segment in Consolidated XBRL Results file.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain / (loss) on defined benefit plans 321.00 (333.00)
2 Net gain / (loss) on equity instruments measured at fair value through other comprehensive income (FVOCI) 0.00 2.00
Total Amount of items that will not be reclassified to profit and loss 321.00 (331.00)
2 Income tax relating to items that will not be reclassified to profit or loss 81.00 (84.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 240.00 (247.00)