Financials Negative

2026-08-13 13:28

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹103.85 Cr vs ₹132.24 Cr (▼21.5% YoY) - EBITDA -₹0.37 Cr vs ₹6.89 Cr (▼105.4% YoY) - PAT -₹5.99 Cr vs ₹0.42 Cr (▼1526% YoY) - EBITDA Margin -0.36% vs 5.21% (▼557 bps) - The Company/Group's net worth is eroded due to accumulated losses, and there are overdue payments to creditors, raising significant doubt on its ability to continue as a going concern. - Order booking for the quarter was ₹184 Cr, an increase of 36% QoQ and 28% YoY. - Board approved a preferential issue of equity shares aggregating up to ₹40 Cr to a promoter group company for capital strengthening. - M/s. Rao, Murthy & Associates appointed as Cost Auditors for FY2026-27.

Routine Neutral

2026-08-13 13:27

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Governance Neutral

2026-08-04 16:28

- Corrigendum to the Notice of the 79th Annual General Meeting (AGM) scheduled for August 13, 2026. - Modifies the utilization of proceeds from a preferential issue under Item No. 8 of the AGM Notice. - Funds of ₹14.99 Crore (out of a total of ₹39.99 Crore) previously for 'General Corporate Purposes' will now be exclusively used for 'Funding Working Capital Requirements'. - The change ensures full compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Governance Negative

2026-07-31 18:41

CRITICAL RED FLAG DETECTED

- Mr. Arunesh M, Vice President - Operations (Mysore Unit) has been relieved from services effective July 31, 2026. - Mr. Yathiraj B.L., Vice President - Oil Filled Transformers Division has been relieved from services effective July 31, 2026.

Governance Positive

2026-07-31 18:27

- Kirloskar Electric Company Ltd. announced the appointment of Mr. Narasimhan K B as Vice President (Country Head) – Sales & Marketing, effective July 31, 2026. Mr. Narasimhan K B brings over 22 years of experience in the Heavy Electrical Equipment sector.

Governance Neutral

2026-07-30 16:15

- The 79th Annual General Meeting (AGM) of Kirloskar Electric Company Limited is scheduled for August 13, 2026, at 11:00 A.M. IST via Video Conferencing. - The Annual Report for FY 2025-26 and AGM notice are accessible via web links. - E-voting will be available from August 10, 2026 (09:00 AM) to August 12, 2026 (05:00 PM).

Governance Neutral

2026-07-24 12:24

- Intimation of Book Closure for 79th Annual General Meeting (AGM). - AGM scheduled for Thursday, August 13, 2026, at 11:00 AM (IST). - Book closure from Friday, August 07, 2026, to Thursday, August 13, 2026. - E-voting from Monday, August 10, 2026, to Wednesday, August 12, 2026.

Governance Neutral

2026-07-21 17:40

- 79th Annual General Meeting (AGM) scheduled for August 13, 2026, at 11:00 AM via Video Conferencing. - Resolutions include re-appointment of directors and adoption of FY26 financials. - Proposal to raise ₹39.99 Cr via preferential issue to a promoter group entity to strengthen capital structure and reduce borrowings. - E-voting period is from August 10-12, 2026.

Governance Positive

2026-07-16 12:29

- Board approved the re-appointment of Mr. Vijay R Kirloskar as Wholetime Director (Executive Chairman) for a term of three years, effective August 12, 2026. - Approved the preferential issue of 34,68,007 equity shares at ₹115.34 each, aggregating ₹40 Crore, to Kirloskar Power Equipments Limited. - Appointed M/s. T. Sriram, Mehta & Tadimalla as the Internal Auditors for the financial year 2026-27.

Ownership Positive

2026-07-16 12:29

- Reappointment of Mr. Vijay R Kirloskar as Whole-time Director (Executive Chairman) for a term of 3 years, effective August 12, 2026. - Approved preferential issue of up to 3,468,007 equity shares at ₹115.34 each, aggregating ₹40 crore, to Kirloskar Power Equipments Limited (a promoter group company). - Appointed M/s. T. Sriram, Mehta & Tadimalla as Internal Auditors for the financial year 2026-27.

Governance Positive

2026-07-16 12:28

- Board approved the reappointment of Mr. Vijay R Kirloskar as Whole-time Director (Executive Chairman) for 3 years from August 12, 2026, subject to members' approval. - Approved preferential issue of up to 34,68,007 equity shares at ₹115.34/share, aggregating to ₹40 Crore, to Kirloskar Power Equipments Limited. - Appointed M/s. T. Sriram, Mehta & Tadimalla as Internal Auditors for FY 2026-27.

Governance Positive

2026-07-01 18:10

- Kirloskar Electric Company Ltd. announced the appointment of Ms. Irene J Pereira as Vice President Human Resources Transformation, effective July 01, 2026. She will be part of the Senior Management team and brings over 30 years of HR experience.

Routine Neutral

2026-06-26 14:42

- The Trading Window for dealing in the company's securities will close from July 01, 2026. - It will remain closed until 48 hours after the declaration of standalone & consolidated unaudited financial results for the quarter ended June 30, 2026.

Financials Positive

2026-05-28 18:57

Consolidated Revenue grew 26.67% to ₹163.57 Crores in Q4 FY26 compared to the corresponding quarter in FY25, marking the highest quarterly revenue in the company's recent history. Core EBITDA margins remain healthy. The company absorbed ₹12.60 Crores in provisions during FY26 related to New Labour Code and subsidiary merger accounting impact, and expects meaningful operating cost savings from Q1 FY27 onwards due to the merger of four wholly owned subsidiaries.

Financials Negative

2026-05-26 21:30

CRITICAL RED FLAG DETECTED

Consolidated Revenue ₹16,357 Lakhs vs ₹12,913 Lakhs (▲27% YoY), EBITDA ₹644 Lakhs vs ₹70 Lakhs (▲820% YoY), PAT (Loss) ₹63 Lakhs vs (Loss) ₹384 Lakhs (loss reduced). EBITDA Margin 4% vs 0.5% (▲350bps).

Financials Negative

2026-05-26 21:25

CRITICAL RED FLAG DETECTED

Kirloskar Electric Company reported Consolidated Revenue ₹163.57Cr vs ₹129.13Cr (▲26.67% YoY), EBITDA ₹6.44Cr vs ₹0.70Cr (▲820% YoY), PAT ₹(0.63)Cr vs ₹(3.84)Cr (Loss reduced by 83.59% YoY). EBITDA Margin 3.94% vs 0.54% (▲340bps). The company's net worth is eroded, with overdue payments to creditors, and auditors highlighted the going concern assumption. Mr. Dillip Kumar Pani was appointed as CFO, and Ms. Janaki Kirloskar was promoted to Joint Managing Director.

Business Update Negative

2026-05-21 17:34

CRITICAL RED FLAG DETECTED

Kirloskar Electric Company Limited received NCLT approval for the merger by absorption of its four wholly-owned subsidiaries (KELBUZZ Trading, Luxquisite Parkland, SLPKG Estate Holdings, SKG Terra Promenade). The order, delivered on April 30, 2026, was granted despite several observations by the ROC/RD, including a qualified auditor's opinion, significant outstanding dues to MSMEs and statutory bodies, a pending complaint from an erstwhile company secretary regarding resignation, and an ongoing inquiry against the company. The company has been directed to address these issues and provide undertakings.

Governance Positive

2026-05-15 17:03

CRITICAL RED FLAG DETECTED

Kirloskar Electric Company Ltd. announced that the NCLT Bengaluru Bench sanctioned the merger by absorption of its four wholly-owned loss-making subsidiary companies with KECL (a profit-making entity), effective from April 1, 2024, as per an order dated April 30, 2026. The NCLT noted outstanding dues to MSMEs (₹670.79 lakhs) and statutory authorities (₹618.83 lakhs), directing the company to provide undertakings for their immediate settlement.

KECL

Kirloskar Electric Company Limited

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