KECL · Kirloskar Electric Company Ltd · Electronic Instr. & Controls
KECL · Kirloskar Electric Company Ltd · Electronic Instr. & Controls
As of 05 Nov close
52-week range
29.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹104 Cr
Revenue YoY
PAT YoY
-1561.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
6
P/S (TTM)
1.5
Sector P/E
43.1
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| KECL (this stock) | 397.9 | 6 | +0.3% | +1.5% | 0.76 | 0.0% |
| ABB India | 94.7 | 16 | +21.9% | +32.0% | 0.02 | +0.4% |
| Hitachi Energy India | 135.3 | 26.5 | +12.6% | +22.2% | 0.02 | +0.0% |
| CG Power and Industrial Solutions | 114.8 | 17.9 | +9.6% | +20.4% | 1.07 | +0.2% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedKirloskar Electric Company Limited (KECL) reported a negative net worth of ₹22,393 lakhs for FY2025-26, an improvement from ₹23,238 lakhs in the prior year. The company faces ongoing liquidity challenges due to historical losses from its German subsidiary, Lloyd Dynamowerke Gmbh & Co.KG (LDW), which led to significant working capital shortages. KECL has implemented cost-cutting measures, asset disposals, and loan repayments under the Joint Lenders Forum (JLF) to improve operations. The auditor noted that while the company's going concern status is not in doubt based on restructuring plans and future funding, the negative net worth persists. A ₹527 lakh resale tax penalty dispute is pending with the Supreme Court, though no provision has been made. The company also announced the appointment of Ms. Janaki Kirloskar as CEO, approved via a postal ballot.
- Negative net worth of ₹22,393 lakhs for FY2025-26, improved from ₹23,238 lakhs in FY2024-25.
- Historical losses from German subsidiary LDW caused severe working capital shortages and impaired investments.
- Cost-cutting, asset disposals, and JLF loan repayments implemented to improve operations.
- Auditor's note: Going concern status not in doubt based on restructuring and future funding plans.
- Pending ₹527 lakh resale tax penalty dispute with Supreme Court, no provision recognized.
Key takeaway: KECL continues to face liquidity and net worth challenges due to past investments in a loss-making subsidiary, though restructuring efforts and legal disputes are ongoing.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesEarlier (1-3 years ago)
The auditor issued a qualified opinion due to uncertainty regarding the realization of ₹11,006.09 lakhs in amounts due from subsidiaries, with a provision of ₹9,711.00 lakhs made, and potential shortfall could not be ascertained.
The Company is repaying dues using book debts and immovable property disposals, as mentioned in the auditor's qualification.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
The company was fined ₹60,000 by NSE and BSE each for delay in reconstituting committees, as per Regulation 18(1), 19, and 20.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities including sales tax demanded under appeal, with ₹298.17 lakhs paid as of March 31, 2026, and GST demand for transitional input tax credit with an appeal pending.
Earlier (1-3 years ago)
The company has disputed income tax demand and pending GST demand under appeal, with amounts paid as of March 31, 2024.
The company has contingent liabilities and commitments, as noted in the other notes to accounts section.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company conducted a postal ballot to approve a related party transaction involving the appointment of Ms. Janaki Kirloskar as Chief Executive Officer to any office or place of profit.
Earlier (1-3 years ago)
The company has transactions with Kirloskar Electric Company Limited, its holding company, including reimbursement of expenses and outstanding balances.
The company has a related party transaction with Luxquisite, as listed under the 'RELATED PARTY TRANSACTIONS' section of the financial statements.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has not deposited certain tax dues as of March 31, 2026, with disputes pending in various forums including the Supreme Court and GST authorities, involving amounts under the Karnataka Sales Tax Act, Central Sales Tax Act, and Goods & Services Tax Act.
Earlier (1-3 years ago)
The company has not deposited certain tax dues, including Sales Tax, Value Added Tax, and Income Tax, as of March 31, 2024, with disputes pending in various forums, amounting to ₹2003 - 2005, ₹1999-00 to 2008-09, ₹60.31 lakhs, and ₹20 lakhs.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
An Independent Director resigned on June 02, 2023, and another Independent Director's term ceased on May 30, 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
41.73% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).