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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 06-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First 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
Segment Reporting Single segment
Description of single segment B2B
Start date and time of board meeting 06-08-2026   13:45:00
End date and time of board meeting 06-08-2026   16:45:00
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,47,130.00 1,47,130.00
Other income 1,077.00 1,077.00
Total income 1,48,207.00 1,48,207.00
2 Expenses
(a) Cost of materials consumed 80,089.00 80,089.00
(b) Purchases of stock-in-trade 22,314.00 22,314.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (5,803.00) (5,803.00)
(d) Employee benefit expense 11,102.00 11,102.00
(e) Finance costs 209.00 209.00
(f) Depreciation, depletion and amortisation expense 4,042.00 4,042.00
(f) Other Expenses
1 Other expenses 23,456.00 23,456.00
2 Expense capitalised (576.00) (576.00)
Total other expenses 22,880.00 22,880.00
Total expenses 1,34,833.00 1,34,833.00
3 Total profit before exceptional items and tax 13,374.00 13,374.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 13,374.00 13,374.00
6 Tax expense
7 Current tax 3,507.00 3,507.00
8 Deferred tax (64.00) (64.00)
9 Total tax expenses 3,443.00 3,443.00
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 9,931.00 9,931.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
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 9,931.00 9,931.00
17 Other comprehensive income net of taxes 29.00 29.00
18 Total Comprehensive Income for the period 9,960.00 9,960.00
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 2,908.00 2,908.00
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 6.83 6.83
Diluted earnings (loss) per share from continuing operations 6.82 6.82
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.83 6.83
Diluted earnings (loss) per share from continuing and discontinued operations 6.82 6.82
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 results specifically profit and loss Amounts reported in Other Expenses as Expenses capitalised is seperate line item in published results, however as there is no seperate 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 had been identified namely - Business to Business (B2B) and Business to Customer (B2C) (upto 10th October 2025 - refer note 6) . 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 ended 30th June 2026. 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.The Company has incorporated Kirloskar Advanced Systems Private Limited as a wholly owned subsidiary company w.e.f. 30th March 2026. The Board of Directors of the Company had decided to keep the initial investment upto Rs. 9 Crores. Accordingly, during the quarter ended 30th June 2026, the Company has invested Rs. 9 Crores towards initial subscription of equity share capital of Kirloskar Advanced Systems Private Limited. 5.The Board of Directors of the Company in its meeting held on 11th February 2026, had given its consent for further investment in 3,200 equity shares of AED 1,000 per share (i.e. approx. Rs. 8 Crores) of Kirloskar International ME FZE (hereinafter referred as 'KIME'), UAE, a wholly owned subsidiary of the Company. Accordingly on 30th June 2026, the Company has made payment of consideration of AED 3.20 million (i.e. Rs. 8.28 Crores) to KIME. 6.The standalone financial results for the quarter and year ended 31st March 2026 included the impact of exceptional items amounting to Rs. 9.60 Crores and Rs. 29.68 Crores, respectively, pertaining to incremental impact on account of the New Labour Codes. 7.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 Company was transferred to KFD (LGM) with effect from 11th October 2025. The consideration was 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 Company, on a private placement basis, on terms as set out in the Business Transfer Agreement. Accordingly, the net assets of Rs. 18.88 Crores was transferred on a slump sale basis at their carrying values, and the consideration was accounted for at such carrying values of net assets as an addition to the Company’s investment in the subsidiary, consistent with the Company’s accounting policy, in accordance with the applicable Indian accounting standards. The operations of the Business to Customer (“B2C”) business of the Company is classified as discontinued operations for all the periods presented in these standalone financial results of the Company, in accordance with the applicable accounting standards. Since the transaction was with the wholly owned subsidiary company, there is no impact on the consolidated financial results. The results of the business classified as discontinued operations in the standalone financial results are as under: (a) Revenue from operations and other income : Nil ( PY Rs. 172.76 Crores) (b) Total expenses : Nil ( PY Rs. 155.03 Crores) (c) Profit/(loss) before tax (a-b) : Nil ( PY Rs. 17.73 Crores) (d) Tax expense/(income) of discontinued operations : Nil ( PY Rs. 4.46 Crores) Profit/(loss) after tax (c - d) : Nil ( PY Rs. 13.27 Crores) 8.The Nomination and Remuneration Committee (NRC) of the Board of Directors of the Company in its meeting held on 14th May 2026 has approved the grant of 2,40,000 employee stock options to the eligible employees of the Company in terms of ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019 (“KOEL ESOP 2019”) and the special resolutions passed by the Members of the Company at the Annual General Meeting held on 9th August 2019 and 12th August 2021. Of the above, 36,108 options have been voluntarily surrendered by an employee and subsequently cancelled by the NRC in its meeting held on 6th August 2026. 9.During the quarter ended 30th June 2026, the Company has allotted 20,735 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 14,53,59,209 fully paid-up equity shares of Rs. 2/- each to 14,53,79,944 fully paid-up equity shares of Rs. 2/- each. 10.The figures for the quarter ended 31st March 2026 are balancing figures between audited figures in respect of full financial year ended 31st March 2026 and the published year to date figures upto the third quarter ended 31st December 2025 which were subjected to Limited Review by the Statutory Auditors of the Company. 11.The figures for the previous periods have been regrouped wherever required to make them comparable with those of the current period. 12. The above standalone financial results for the quarter ended 30th June 2026 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 6th August 2026 and are subjected to a Limited Review by the Statutory Auditors of the Company.



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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
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 ended 30th June 2026. 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 year ended 30 June 2026. 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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
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 39.00 39.00
2 Net gain / (loss) on equity instruments measured at fair value through Other Comprehensive Income 0.00 0.00
Total Amount of items that will not be reclassified to profit and loss 39.00
2 Income tax relating to items that will not be reclassified to profit or loss 10.00 10.00
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 0.00 0.00
5 Total Other comprehensive income 29.00 29.00