KIRLOSBROS

Current scenario - Consolidated revenues grew 24% YoY to Rs.12,767 million in Q2 FY27; H1 consolidated revenues grew 19% YoY to Rs.23,816 million. - Consolidated order intake grew 68% YoY to Rs.20,472 million during the quarter, providing strong visibility for future growth. - Standalone Q2 FY27 revenue increased 23% YoY to Rs.7,991 million, EBITDA grew 37% to Rs.937 million, and PAT grew 45% to Rs.544 million. Changes in trends - Raw material cost increases (copper, gun metal, steel) impacted gross margins by ~400 bps in both standalone and consolidated businesses, though prices are being passed on to a large extent. - International margins (especially U.K. business) faced headwinds due to lower service business contribution and rising employee-related expenses, though recovery is expected in H2. - Working capital and inventory increased due to preparation for executing long lead-time capital goods orders (8 to 12 months). Management Guidance & Outlook - Management remains confident of delivering double-digit revenue growth in FY27 over FY26 for standalone businesses. - International margins are expected to recover in H2 and remain stable going forward, with a target to take the service business contribution to 40% at the KBI BV level over a 3-year cycle. - Strong demand continues across segments like oil and gas, thermal power, nuclear power, water supply, and data centers.

- Mr. Vivek Pendharkar and Ms. Rekha Sethi have completed their respective terms of 5 years as Non-Executive and Independent Directors. - Both directors ceased to be Independent Directors and members of company committees effective October 28, 2026.

- Audio recording of analyst/investor conference call for Q2 and H1 ended September 30, 2026, uploaded on the company website. - Transcript of the call will be submitted to the stock exchanges and uploaded on the website in due course.

- Updated Investor Presentation submitted for Q2 & H1 FY27 rectifying a typographical error. - Q2 FY27 Consolidated Revenue reached ₹12,767 Mn (▲24% YoY). - Consolidated EBITDA grew to ₹1,432 Mn (▲16% YoY) with an 11.2% margin. - Consolidated PAT reported at ₹747 Mn (▲4% YoY).

- Q2FY27 Consolidated Revenue rose 24% YoY to ₹1,276.7 Cr vs ₹1,027.7 Cr - EBITDA grew 16% YoY to ₹143.2 Cr with margins at 11.2% - Net Profit (PAT) increased 4% YoY to ₹74.7 Cr - Order intake surged 68% YoY to ₹2,047.2 Cr; total order book reached ₹4,627.7 Cr (+30% YoY)

- Kirloskar Brothers Limited has submitted an Investor Presentation to the Exchange. - The presentation includes updates on business operations and performance highlights.

- Kirloskar Brothers Limited was penalized ₹87,320 by the stock exchange for non-compliance with Nomination and Remuneration Committee composition requirements. - The company paid the penalty on September 1, 2026. - The Board of Directors took note of the penalty and actions taken at its meeting held on October 27, 2026.

Q2 FY27 Standalone Revenue ₹799.1Cr vs ₹650.5Cr (▲23% YoY) EBITDA ₹78.9Cr vs ₹55.4Cr (▲42% YoY) PAT ₹54.4Cr vs ₹37.6Cr (▲45% YoY) EBITDA Margin 9.9% vs 8.5% (▲140bps)

Concall Schedule Concall Date: October 28, 2026 Concall Time: 02:00 PM IST

- Kirloskar Brothers Limited has been informed about the conversion of its Statutory Auditors' firm, M/s. Sharp & Tannan Associates, into a Limited Liability Partnership (LLP). - The new name of the firm is Sharp & Tannan Associates LLP, effective from September 24, 2026. - The ICAI Firm Registration Number has been updated to 109983W/W101313. - The conversion does not affect the existing audit engagement, and they will continue as statutory auditors.

- NSE Sustainability Ratings & Analytics Limited assigned an ESG Rating of 70 under the 'Aspiring' category to Kirloskar Brothers Limited. - The rating was assigned independently without prior engagement by the company, based on information received from BSE on October 16, 2026.

- Company submitted the Scrutinizer's report and voting results of the Postal Ballot. - Postal ballot was conducted for the appointment of Dr. Madhuri Kanitkar as an Independent Director. - E-voting period concluded on October 15, 2026.

- Kirloskar Brothers Limited informed the Exchange regarding the voting results of the Postal Ballot. - The Postal Ballot notice was issued for the appointment of Dr. Madhuri Kanitkar as an Independent Director. - E-voting was conducted from September 16, 2026, to October 15, 2026. - Voting results and the Scrutinizer's Report have been submitted as per Regulation 44.

- Trading window closed from October 01, 2026 for dealing in company securities. - Closure remains effective until 48 hours after the declaration of financial results for Q2/half year ended September 30, 2026. - Date of the Board meeting to approve results will be intimated later.

- Kirloskar Brothers Limited to appoint Dr. Madhuri Kanitkar as an Independent Director. - Appointment effective September 15, 2026, for a 5-year term. - Remote e-voting: September 16, 2026 (9 AM) to October 15, 2026 (5 PM). - Cut-off date for eligibility: September 11, 2026.

- Kirloskar Brothers Limited appointed Dr. Madhuri Kanitkar as an Additional Director (Independent Woman Director). - Appointment is effective September 15, 2026, for a term of 5 consecutive years, subject to shareholder approval. - Dr. Kanitkar is a retired Lieutenant General of the Indian Army and former Vice-Chancellor of Maharashtra University of Health Sciences.

- Supreme Court (Order dated Aug 11, 2026) directed constitution of a three-member Arbitral Tribunal to resolve disputes from the 2009 Family Settlement Deed. - Justices Jamdar and Shriram appointed as nominee arbitrators; they will jointly appoint a Presiding Arbitrator within four weeks. - All contentions on arbitrability are left open for the Tribunal. Financial impact is currently unascertainable.

- ESG Risk Assessments & Insights Limited has assigned an ESG rating to Kirloskar Brothers Limited, available on their website. - The company explicitly states it did not engage this specific ESG Rating Provider for the rating. - This disclosure is based on information received from BSE on August 17, 2026.

- Kirloskar Brothers Ltd (KBL) received an improved ESG rating from CRISIL, moving from 'CRISIL ESG 54' ('Adequate') to 'CRISIL ESG 66' ('Strong'). - A 'CRISIL Core ESG 69' rating was also assigned, reflecting stronger performance across Environmental, Social, and Governance pillars.

- Q1 FY27 consolidated revenue grew 13% YoY, while consolidated EBITDA grew 2% YoY with an 11.8% margin. - Standalone domestic business revenue increased 9% YoY, EBITDA 16% YoY, and PAT 15% YoY. - Consolidated order intake for the quarter rose 4% YoY. - Management is confident of achieving double-digit revenue growth for the standalone business in FY27 and is striving for double-digit consolidated revenue growth for the full year. - International business margins, particularly SPP UK and Rodelta, are expected to improve from Q2/Q3 onwards as service business contribution increases and execution delays are resolved. - The company secured a multi-year framework contract with a major U.S. data center operator for global projects. - Key growth drivers include Power (especially nuclear), Oil & Gas, Marine & Defense, Building & Construction, and data center opportunities. - Kirloskar Brothers is the world's largest manufacturer of concrete volute pumps and is developing advanced IoT solutions for pumps, seeing traction in municipal water and irrigation projects. - Approximately 10% price hikes have been implemented, expected to cover raw material costs. - Capex will primarily focus on modernization, debottlenecking, and quality enhancements.

- Audio recording of the conference call with analysts/investors on unaudited financial results for the quarter ended June 30, 2026, has been uploaded to the company's website. - The recording is accessible at: https://www.kirloskarpumps.com/investors/analyst-con-call-audio-recording/ - The transcript for the call will be shared with the Stock Exchanges and uploaded on the company's website in due course.

- Consolidated Revenue ₹11,049 Mn vs ₹9,790 Mn (▲12.9% YoY) - EBITDA ₹1,306 Mn vs ₹1,276 Mn (▲2.4% YoY) - PAT ₹676 Mn vs ₹675 Mn (▲0.1% YoY) - EBITDA Margin 11.8% vs 13.0% (▼121bps)

- Consolidated Revenue ₹1104.9 Cr vs ₹979.0 Cr (▲12.9% YoY) - EBITDA ₹130.6 Cr vs ₹127.6 Cr (▲2.4% YoY) - PAT ₹67.6 Cr vs ₹67.5 Cr (▲0.1% YoY) - EBITDA Margin 11.8% vs 13.0% (▼120 bps) - Consolidated Order Book increased by 21% YoY to ₹4062.2 Cr. - Conference Call with Analyst scheduled on August 03, 2026, to discuss the results.

- Consolidated Revenue ₹11,049 Mn vs ₹9,790 Mn (▲12.9% YoY) - EBITDA ₹1,306 Mn vs ₹1,276 Mn (▲2.4% YoY) - PAT ₹676 Mn vs ₹675 Mn (▲0.1% YoY) - EBITDA Margin 11.8% vs 13.0% (▼120bps) - Conference Call with Analysts scheduled on August 3, 2026, regarding the Q1FY27 Unaudited Financial Results.

- Voting results for the 106th Annual General Meeting (AGM) of Kirloskar Brothers Limited, held on July 31, 2026, were disclosed. - Resolutions including the adoption of standalone and consolidated financial statements for FY26, declaration of dividend, re-appointment of Ms. Rama Kirloskar as Director and Joint MD, and ratification of remuneration for Cost Accountants were all passed with requisite majority.

- 106th Annual General Meeting (AGM) held on July 31, 2026. - Resolutions adopted include: adoption of financial statements for FY26, declaration of dividend for FY26, re-appointment of Ms. Rama Kirloskar as Director and Joint Managing Director. - Remuneration for Cost Auditors for FY26-27 was ratified.

- Consolidated Revenue ₹1,104.9Cr vs ₹979.0Cr (▲12.9% YoY) - EBITDA ₹115.8Cr vs ₹111.4Cr (▲4.0% YoY) - PAT ₹66.7Cr vs ₹70.5Cr (▼5.4% YoY) - EBITDA Margin 10.48% vs 11.38% (▼90bps)