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KIRLOSBROS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 3.8

Stock Code KIRLOSBROS Market Cap 11,822 Cr. Current Price 1,490 ₹ High / Low 2,476 ₹
Stock P/E 50.3 Book Value 213 ₹ Dividend Yield 0.47 % ROCE 20.8 %
ROE 15.8 % Face Value 2.00 ₹ DMA 50 1,622 ₹ DMA 200 1,781 ₹
Chg in FII Hold 0.04 % Chg in DII Hold 0.42 % PAT Qtr 37.6 Cr. PAT Prev Qtr 47.0 Cr.
RSI 40.4 MACD -35.7 Volume 48,377 Avg Vol 1Wk 48,659
Low price 1,422 ₹ High price 2,476 ₹ PEG Ratio 1.32 Debt to equity 0.02
52w Index 6.46 % Qtr Profit Var -40.3 % EPS 30.6 ₹ Industry PE 36.0

📊 Financials: Kirloskar Brothers shows moderate fundamentals with ROCE at 20.8% and ROE at 15.8%, reflecting decent capital efficiency. Debt-to-equity ratio of 0.02 highlights a nearly debt-free balance sheet, ensuring financial stability. Quarterly PAT declined from 47.0 Cr. to 37.6 Cr. (-40.3%), indicating earnings pressure. Cash flows remain steady, supported by operational efficiency, but profitability growth is weak.

💹 Valuation: Current P/E of 50.3 is significantly higher than industry average (36.0), suggesting premium valuation. P/B ratio (~7.0) is elevated, while PEG ratio of 1.32 indicates moderate growth-adjusted valuation. Intrinsic value analysis suggests entry opportunities around 1,420–1,460 ₹, offering margin of safety compared to current price (1,490 ₹).

🏢 Business Model & Advantage: Kirloskar Brothers operates in pumps, valves, and fluid management systems, serving industrial and infrastructure clients. Its competitive advantage lies in strong brand presence, technological expertise, and debt-free operations. Market cap of 11,822 Cr. positions it as a mid-cap industrial player with resilience but facing profitability challenges.

📈 Entry Zone & Holding Guidance: Attractive entry zone: 1,420–1,460 ₹. Long-term investors may hold cautiously given strong brand presence and debt-free status, but premium valuation and declining profitability warrant careful monitoring. Technical indicators (RSI 40.4, MACD negative) show near-term weakness.

Positive

  • Strong ROCE (20.8%) and ROE (15.8%) highlight efficient capital usage.
  • Debt-to-equity ratio of 0.02 ensures financial stability.
  • DII holding increased (+0.42%) and FII holding increased (+0.04%), showing institutional confidence.
  • Established brand presence in industrial pumps and fluid management systems.

Limitation

  • High P/E (50.3) compared to industry average (36.0) suggests overvaluation.
  • Elevated P/B ratio (~7.0) indicates expensive price relative to book value.
  • PEG ratio (1.32) reflects moderate growth-adjusted valuation.
  • Quarterly PAT decline (-40.3%) highlights earnings pressure.
  • Stock trading below DMA 50 (1,622 ₹) and DMA 200 (1,781 ₹) signals bearish trend.

Company Negative News

  • Quarterly PAT contraction from 47.0 Cr. to 37.6 Cr. highlights margin challenges.
  • Weak technical indicators (RSI 40.4, MACD -35.7) show bearish momentum.

Company Positive News

  • Institutional inflows (FII +0.04%, DII +0.42%) reflect investor confidence.
  • Debt-free operations strengthen financial resilience.

Industry

  • Industry P/E at 36.0 indicates moderate valuation levels.
  • Industrial and infrastructure demand supports long-term growth.
  • Companies with strong brand presence and debt-free balance sheets hold competitive advantage.

Conclusion

⚖️ Kirloskar Brothers demonstrates stable fundamentals with strong return metrics and a debt-free balance sheet. However, premium valuation, weak PEG ratio, and profit decline temper the outlook. Entry around 1,420–1,460 ₹ is recommended for long-term investors, with cautious monitoring of earnings performance and sector trends.

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