Financials Kirloskar Oil Engines Limited

Equities

KIRLOSENG

INE146L01010

Industrial Machinery & Equipment

Market Closed - NSE India S.E. 07:43:52 2024-05-15 am EDT 5-day change 1st Jan Change
1,185 INR +3.77% Intraday chart for Kirloskar Oil Engines Limited +14.58% +80.77%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 25,373 12,567 23,659 19,082 57,333 171,801 - -
Enterprise Value (EV) 1 25,373 4,369 23,659 19,082 57,333 124,583 171,801 171,801
P/E ratio 11.3 x 7.38 x 13.9 x 9.19 x 21.3 x 34.4 x 35.7 x 27.7 x
Yield - - 2.44% 3.03% 1.26% 0.41% 0.71% 0.98%
Capitalization / Revenue 0.79 x 0.44 x 0.88 x 0.58 x 1.39 x 2.57 x 3 x 2.54 x
EV / Revenue 0.79 x 0.44 x 0.88 x 0.58 x 1.39 x 2.57 x 3 x 2.54 x
EV / EBITDA 7.23 x 5.26 x 8.38 x 7.1 x 13.4 x 22.1 x 23.7 x 18.9 x
EV / FCF - 8.26 x 5.96 x 16.9 x 41.3 x 79.2 x 41.5 x 32.8 x
FCF Yield - 12.1% 16.8% 5.93% 2.42% 1.26% 2.41% 3.05%
Price to Book - - 1.19 x 0.89 x 2.46 x 4.75 x 5.75 x 5 x
Nbr of stocks (in thousands) 144,614 144,614 144,614 144,614 144,744 144,998 - -
Reference price 2 175.4 86.90 163.6 132.0 396.1 1,185 1,185 1,185
Announcement Date 5/17/19 6/19/20 5/13/21 5/19/22 5/19/23 5/8/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,044 28,775 26,944 32,997 41,161 48,505 57,327 67,576
EBITDA 1 3,511 2,390 2,823 2,688 4,269 5,642 7,259 9,107
EBIT 1 - 2,126 2,461 2,163 3,422 4,672 6,221 8,000
Operating Margin - 7.39% 9.13% 6.55% 8.31% 9.63% 10.85% 11.84%
Earnings before Tax (EBT) 1 3,355 2,252 2,314 2,627 3,641 4,868 6,449 8,330
Net income 1 2,250 1,704 1,697 2,080 2,702 3,616 4,804 6,206
Net margin 7.02% 5.92% 6.3% 6.3% 6.57% 7.46% 8.38% 9.18%
EPS 2 15.56 11.78 11.74 14.36 18.64 24.96 33.17 42.83
Free Cash Flow 1 - 1,521 3,971 1,132 1,388 1,574 4,144 5,242
FCF margin - 5.29% 14.74% 3.43% 3.37% 3.24% 7.23% 7.76%
FCF Conversion (EBITDA) - 63.64% 140.67% 42.11% 32.5% 27.9% 57.09% 57.55%
FCF Conversion (Net income) - 89.27% 233.97% 54.41% 51.35% 43.53% 86.27% 84.46%
Dividend per Share 2 - - 4.000 4.000 5.000 3.500 8.467 11.63
Announcement Date 5/17/19 6/19/20 5/13/21 5/19/22 5/19/23 5/8/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 6,472 8,255 8,369 9,900 9,530 10,104 10,001 11,526 12,647 11,194 11,434 13,528
EBITDA - 489.7 665.1 506.7 1,026 1,034 1,153 1,089 991.6 - 1,233 1,244 1,634
EBIT - - - - - - - - - - 1,266 - -
Operating Margin - - - - - - - - - - 11.31% - -
Earnings before Tax (EBT) - - - - - - - - - - - 1,097 1,528
Net income 1 606.1 - - - - 645.8 725.9 681.9 648.9 1,032 834.5 820 1,085
Net margin - - - - - 6.78% 7.18% 6.82% 5.63% 8.16% 7.46% 7.17% 8.02%
EPS 4.190 - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/5/21 8/11/21 10/28/21 2/9/22 5/19/22 8/10/22 11/12/22 2/10/23 5/19/23 8/10/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - 8,198 - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 1,521 3,971 1,132 1,388 1,574 4,144 5,242
ROE (net income / shareholders' equity) - 9.45% 9.23% 12.1% 12.1% 14.6% 17.1% 20.6%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - 137.0 148.0 161.0 181.0 206.0 237.0
Cash Flow per Share - - - - - - - -
Capex 1 - 756 1,292 812 1,213 2,765 1,683 1,743
Capex / Sales - 2.63% 4.8% 2.46% 2.95% 5.7% 2.94% 2.58%
Announcement Date 5/17/19 6/19/20 5/13/21 5/19/22 5/19/23 5/8/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Quarterly revenue - Rate of surprise

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