KECL

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.

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).

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.

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.

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.