India · Delayed Price · Currency is INR Kirloskar Brothers Earnings Call Transcripts
Fiscal Year 2026
-
Q3 FY26 saw consolidated revenue of INR 1,116 crore and strong international growth, but margins were impacted by product mix and ERP transition. JJM funding delays and UK energy issues weighed on results, though order books and new segments remain robust.
-
Q2 FY26 revenue was stable year-on-year, with strong international growth offsetting domestic headwinds. EBITDA margin was 12%, impacted by FX losses, but a robust order book and positive outlook for H2 support double-digit growth aspirations.
-
Q1 FY26 revenue declined 5% year-on-year due to seasonal and geopolitical factors, but EBITDA margin improved to 13% and order inflows grew 9%. Industrial demand and operational efficiencies supported profitability, with a strong order book and positive outlook for recovery in Q2.
Fiscal Year 2025
-
FY25 revenue grew 12% year-over-year to INR 4,492 crore, with EBITDA up 18% and strong international and subsidiary performance. Margin improvement and digital initiatives are underway, with a robust order book and positive outlook despite some Q4 margin volatility and order delays.
-
Q3 FY25 saw 19% YoY revenue growth and 32% YoY EBITDA growth, with strong international performance led by SPP U.K. and robust order books across segments. Double-digit revenue growth guidance is maintained, and margin expansion continues, supported by operational efficiencies.
-
Q2 FY2025 saw 13.4% revenue growth and 61% EBITDA growth year-over-year, with margins expanding due to cost controls and strong domestic demand. Order books remain robust, and management maintains double-digit growth guidance for FY2025.
-
Q1 FY25 saw 15% revenue and 10% EBITDA growth year-over-year, with strong domestic and international demand and a robust order book. Technology investments and supply chain delays impacted expenses and order execution, but double-digit growth guidance is maintained.