$KIRLOSENG Kirloskar Oil Engines – Engineering Leader Benefiting from Infrastructure & Power Demand

$KIRLOSENG Kirloskar Oil Engines Limited is one of India's leading manufacturers of diesel engines, generator sets, agricultural engines, and industrial power solutions. The company benefits from rising demand across infrastructure, construction, real estate, agriculture, and industrial sectors. Key Financial Highlights • FY26 revenue crossed ₹6,000 crore, driven by strong demand for power generation and industrial solutions. • Net profit grew strongly, supported by operating leverage and improved product mix. • Healthy order inflows across industrial, infrastructure, and export markets. • Strong balance sheet with low debt and robust cash generation. • Improving margins driven by higher contribution from value-added products and exports. Investment Rationale • Market leader in engines and power generation equipment with a trusted brand legacy. • Beneficiary of India's infrastructure, manufacturing, and industrial capex cycle. • Growing demand for backup power solutions from data centers, commercial buildings, and industries. • Strong export presence provides diversification and growth opportunities. • Focus on technology, efficiency, and alternative fuel solutions supports long-term competitiveness. • Healthy balance sheet and strong cash flows enable sustained expansion. With strong market leadership, diversified end-market exposure, robust financials, and increasing demand for power and industrial solutions, Kirloskar Oil Engines is well-positioned to benefit from India's long-term infrastructure and manufacturing growth story.