In the realm of Indian commerce, the Kirloskar brand is synonymous with trust and innovation. Kirloskar Brothers Limited (KBL), a stalwart in industrial engineering, has been an integral part of the esteemed Kirloskar Group for over a century, consistently delivering reliability and excellence.
In this article, we delve into the world of predicting Kirloskar Brothers’ share prices. As a prominent entity within the Kirloskar Group, KBL’s stock performance piques the interest of both seasoned investors and those intrigued by the conglomerate’s enduring legacy. We will dissect the factors influencing KBL’s share price, exploring company dynamics and market trends to provide insights into the future of this industrial giant.
About Kirloskar Brothers
Kirloskar Brothers Limited, a member of the Kirloskar Group since 1888, holds a significant presence in the field of engineering and fluid management. Their product portfolio includes a wide array of items such as pumps, valves, motors, and turbines—comprising more than 75 types of pumps and 28 varieties of valves, all used across diverse industries worldwide.
KBL is also renowned for its innovation, having introduced pioneering products like the DBxe, GK, and KW-LC series, known for their efficiency and utilization in various projects, including those involving clean energy. With operations extending beyond India, they have manufacturing facilities in five other countries and collaborate with numerous partners.
While they previously engaged in less profitable projects, KBL has since shifted its focus to more profitable endeavors, positively impacting their business outlook. With a list of significant projects completed successfully and a wealth of patents for innovative inventions, KBL maintains its position as a leading choice for engineering and fluid management solutions, a role they’ve played for over a century with no intentions of stopping.
Kirloskar Brothers Q3 FY24 Summary and Key Points
- Kirloskar Brothers’ Q3 FY24 revenue increased marginally by 0.76% YoY to ₹964.8 crore.
- However, profit declined by 7.67% YoY to ₹81.9 crore, indicating challenges in maintaining profitability.
- Despite the yearly decrease, profit surged impressively by 62.5% QoQ compared to the previous quarter.
- Selling, general & administrative expenses rose by 14.85% YoY, suggesting ongoing expense management challenges.
- Operating income witnessed a notable 38.08% QoQ increase but declined by 17.8% YoY.
- Earnings Per Share (EPS) decreased by 12.28% YoY to ₹10.14.
- Stock performance remained volatile with a -11.13% return in the last week, a 9.17% return over the last six months, and a 1.48% YTD return.
Kirloskar Brothers Share Price Target 2024 To 2030
Kirloskar Brothers Share Price Target 2024
| When | Maximum Price | Minimum Price |
| March 2024 | 1,029.60 | 895.30 |
| April 2024 | 999.61 | 869.23 |
| May 2024 | 984.84 | 856.38 |
| June 2024 | 1,020.29 | 887.21 |
| July 2024 | 1,010.09 | 878.34 |
| August 2024 | 1,050.49 | 913.47 |
| September 2024 | 1,092.51 | 950.01 |
| October 2024 | 1,071.09 | 931.38 |
| November 2024 | 1,113.94 | 968.64 |
| December 2024 | 1,125.07 | 978.33 |
Throughout 2024, Kirloskar Brothers’ stock experiences fluctuating prices. In March, the stock is expected to reach a maximum of ₹1,029.60 and a minimum of ₹895.30. April sees the maximum price at ₹999.61 and the minimum at ₹869.23. As the year progresses, the trend continues with varying highs and lows, reaching a peak in December with a maximum of ₹1,125.07 and a minimum of ₹978.33.
Kirloskar Brothers Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,126.20 | 866.31 |
| February 2025 | 1,128.46 | 868.04 |
| March 2025 | 1,152.15 | 886.27 |
| April 2025 | 1,129.56 | 868.89 |
| May 2025 | 1,096.66 | 843.59 |
| June 2025 | 1,146.01 | 881.55 |
| July 2025 | 1,123.54 | 864.26 |
| August 2025 | 1,158.29 | 890.99 |
| September 2025 | 1,172.19 | 901.69 |
| October 2025 | 1,202.67 | 925.13 |
| November 2025 | 1,232.73 | 948.26 |
| December 2025 | 1,288.21 | 990.93 |
Throughout 2025, the performance of Kirloskar Brothers’ stock is expected to exhibit monthly fluctuations. The maximum price for the stock is forecasted to see an upward trend, starting at ₹1,126.20 in January and reaching its peak at ₹1,288.21 in December. Conversely, the minimum price is also anticipated to experience variations, with the lowest point at ₹866.31 in January and rising to ₹990.93 in December.
Kirloskar Brothers Share Price Target 2026 To 2030
| Year | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| 2026 | ₹1,333.05 | ₹932.21 |
| 2027 | ₹1,466.36 | ₹1,025.44 |
| 2028 | ₹2,052.9 | ₹1,025.44 |
| 2029 | ₹1,777.40 | ₹₹888.70 |
| 2030 | ₹2,310.62 | ₹1,617.44 |
Over five years, from 2026 to 2030, the company’s share price has steadily climbed. In 2026, it reached a high of ₹1,333.05, growing further to ₹1,466.36 in 2027. This upward trend continued into 2028, with a substantial increase to ₹2,052.90. Remarkably, the lowest price remained quite stable at around ₹1,026.45, indicating less ups and downs.
In 2029, there was a slight dip to ₹1,777.40 for the highest price, but it remained higher than in previous years. The lowest price was ₹888.70, showing some fluctuations but still on an upward path.
The peak of this growth happened in 2030, with a significant high of ₹2,310.62 and a minimum of ₹1,617.44. These numbers highlight a consistent, long-term rise in share prices, reflecting strong investor confidence and a positive market outlook. While there were occasional fluctuations, especially in the early years, the overall direction points to steady growth and increasing stock value. This makes the stock an appealing choice for investors seeking potential appreciation during these years.
Kirloskar Brothers Share Price Target and Financial Condition Last 5 Years
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
| Sales + | 3,349 | 3,135 | 2,717 | 3,058 | 3,730 | 3,902 |
| Expenses + | 3,221 | 2,928 | 2,475 | 2,852 | 3,330 | 3,428 |
| Operating Profit | 128 | 207 | 241 | 206 | 400 | 474 |
| OPM % | 4% | 7% | 9% | 7% | 11% | 12% |
| Other Income + | 23 | 37 | 53 | 32 | 22 | 42 |
| Interest | 47 | 52 | 44 | 33 | 35 | 26 |
| Depreciation | 64 | 71 | 68 | 70 | 69 | 76 |
| Profit before tax | 41 | 121 | 182 | 135 | 318 | 414 |
| Tax % | 113% | 44% | 15% | 40% | 29% | |
| Net Profit + | 3 | 72 | 161 | 94 | 236 | 298 |
| EPS in Rs | 0 | 9 | 20 | 12 | 30 | 37 |
| Dividend Payout % | 570% | 28% | 15% | 25% | 15% |
Kirloskar Brothers’ financial performance reflects a positive trajectory with notable growth across various metrics. Sales surged to ₹3,902 crores in the trailing twelve months (TTM) period, showcasing consistent expansion. Effective expense management strategies led to a slight decrease in expenses to ₹3,428 crores in the TTM period, indicating prudent cost controls. Operating profit doubled to ₹400 crores in March 2023, with an operating profit margin (OPM) of 12% in the TTM period, highlighting improved operational efficiency. Additionally, other income rose to ₹42 crores, while interest expenses declined to ₹26 crores in the TTM period, suggesting enhanced financial management. This resulted in robust profitability, with profit before tax reaching ₹318 crores and net profit at ₹298 crores in the TTM period. Earnings Per Share (EPS) also showed significant growth, increasing from ₹12 to ₹37 in the TTM period. Despite these gains, the dividend payout percentage remained moderate, ensuring a balanced approach to shareholder rewards and reinvestment for sustained growth.
FAQs:
What Is The Current Share Price Of Kirloskar Brothers?
As of March 2024, the current share price of Kirloskar Brothers is ₹1,022.
What Is The Target Share Price For Kirloskar Brothers By 2025?
The target share prices for the year 2025 exhibited a range from a minimum of ₹866.31 in January to a maximum of ₹1,288.21 in December, showcasing fluctuations over the course of the year.
What Is The Target Share Price For Kirloskar Brothers By 2030?
The target share prices for the year 2030 ranged from a minimum of ₹1,617.44 to a maximum of ₹2,310.62.
What is the Stock P/E ratio, and what does it signify?
The Stock P/E (Price-to-Earnings) ratio, currently standing at 27.8
Should One Invest In Kirloskar Brothers?
Considering the data and additional information, the decision to invest in Kirloskar Brothers should be approached with a balanced perspective.
On the positive side, Kirloskar Brothers is actively reducing its debt, which is a good sign for potential investors. Lower debt levels make the company more financially stable and attractive for investment. Additionally, over the past five years, the company has shown impressive profit growth, with a Compound Annual Growth Rate (CAGR) of 36.8%.
Moreover, Kirloskar Brothers consistently offers a healthy dividend payout of 18.4% to shareholders, making it an appealing choice for those seeking income from their investments.
However, there are some concerns. The company’s sales growth has been modest, at only 6.09% over the past five years. This slower sales expansion raises questions about its competitiveness in the market and its ability to capture market share.
In conclusion, Kirloskar Brothers exhibits several strengths, includiqqng debt reduction, robust profit growth, and consistent dividend payouts. The improving Return on Equity and compounded profit growth further highlight its financial efficiency and potential.
Investors should approach this opportunity with caution, keeping a watchful eye on the company’s financial performance in the coming quarters. However, with its potential for continued growth and income generation, Kirloskar Brothers remains an attractive option for investors, especially those seeking a balance between profitability and stability in their investment portfolio.
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