Business Update Positive

2026-11-06 15:08

- Q2 FY27 standalone revenue rose 16% YoY to ₹164.44 Cr; PAT grew 32% YoY to ₹5.99 Cr. - H1 FY27 order inflow grew 18% YoY to ₹348 Cr. - CRISIL upgraded long-term credit rating to CRISIL BB/Stable. - Completed ₹40 Cr equity infusion and secured ₹100 Cr bank sanction from Kotak Mahindra Bank.

Business Update Positive

2026-11-06 15:03

- Q2 FY27 Standalone Revenue grew 16% YoY to ₹164.44 Cr; PAT increased 32% YoY to ₹5.99 Cr. - H1 FY27 order inflows grew 18% YoY to ₹348 Cr. - CRISIL upgraded the Company's long-term rating to CRISIL BB/Stable. - Completed ₹40 Cr equity infusion and received ₹100 Cr credit facility sanction.

Financials Positive

2026-11-06 13:27

Q2 FY27 Consolidated Revenue ₹164.44 Cr vs ₹142.11 Cr (▲16% YoY) EBITDA ₹10.76 Cr vs ₹6.42 Cr (▲68% YoY) PAT ₹5.98 Cr vs ₹4.51 Cr (▲33% YoY) EBITDA Margin 6.54% vs 4.52% (▲202 bps)

Financials Positive

2026-11-06 13:23

Q2 FY27 Consolidated Revenue ₹164.44Cr vs ₹142.11Cr (▲16% YoY) EBITDA ₹10.76Cr vs ₹6.42Cr (▲68% YoY) PAT ₹5.98Cr vs ₹4.51Cr (▲33% YoY) EBITDA Margin 6.54% vs 4.52% (▲202bps)

Financials Neutral

2026-11-06 13:17

Q2 FY27 Consolidated Revenue ₹164.44Cr vs ₹142.11Cr (▲16% YoY) EBITDA ₹10.76Cr vs ₹6.42Cr (▲68% YoY) PAT ₹5.98Cr vs ₹4.51Cr (▲33% YoY) EBITDA Margin 6.5% vs 4.5% (▲202bps)

Governance Neutral

2026-11-02 15:23

- Board meeting scheduled on Friday, November 06, 2026. - Agenda includes consideration and approval of unaudited financial results (standalone and consolidated) for Q2 / H1 ended September 30, 2026. - Trading window remains closed until November 08, 2026.

Governance Neutral

2026-10-26 13:07

- The Board of Directors at its meeting held on October 26, 2026, approved availing an overdraft facility of up to Rs. 50 Crores from Kotak Mahindra Bank Limited via lien on fixed deposits held by a related party, Kirloskar Power Equipments Limited. - Approved availing a Drop Line Overdraft facility of up to Rs. 50 Crores from Kotak Mahindra Bank Limited. - Approved execution of a deed of indemnity in favor of Executive Chairman and promoter Mr. Vijay R Kirloskar for personal guarantees provided to secure the Drop Line Overdraft facility.

Business Update Neutral

2026-10-26 13:06

- The Board of Directors at its meeting held on October 26, 2026, approved availing an overdraft facility of up to Rs. 50 Crores from Kotak Mahindra Bank Limited via lien on fixed deposits. - Approved availing a Drop Line Overdraft facility of up to Rs. 50 Crores from Kotak Mahindra Bank Limited. - Approved executing a deed of indemnity in favour of Mr. Vijay R Kirloskar, Executive Chairman and promoter, for personal guarantees provided to secure the Drop Line Overdraft facility.

Business Update Positive

2026-10-22 16:35

- CRISIL Ratings Limited has revised/upgraded the credit ratings of Kirloskar Electric Company Limited. - Total Bank Loan Facilities Rated: ₹115.63 Crore. - Long Term Rating upgraded to CRISIL BB/Stable from CRISIL B+/Stable. - Short Term Rating upgraded to CRISIL A4+ from CRISIL A4.

Financials Positive

2026-10-22 16:33

- CRISIL Ratings Limited has revised and upgraded the credit ratings of Kirloskar Electric Company Limited. - Total Bank Loan Facilities Rated: Rs. 115.63 Crore. - Long Term Rating upgraded to CRISIL BB/Stable from CRISIL B+/Stable. - Short Term Rating upgraded to CRISIL A4+ from CRISIL A4.

Ownership Neutral

2026-10-05 10:06

- Acquisition by Kirloskar Power Equipments Limited (Promoter Group) in Kirloskar Electric Company Limited. - Acquired 34,68,007 equity shares (4.87%) via preferential allotment on September 29, 2026. - Total shareholding increased from 11,46,315 shares (1.73%) to 46,14,322 shares (6.60%).

Routine Negative

2026-09-30 17:54

CRITICAL RED FLAG DETECTED

- Received show cause notice in Form DRC-01 from Deputy Commissioner of Commercial Taxes (Audit)-6.4 on September 29, 2026. - Demand of ₹12,56,693/- (Tax: ₹7,61,000/-, Interest: ₹4,95,693/-) for the audit period April 2022 to March 2023. - Allegations include reduction of outward liability, excess claim, and ITC reversal. - No material impact on financial or operational activities; company is exploring options to contest the demand.

Routine Neutral

2026-09-30 17:51

- Received show cause notice in Form DRC-01 under Section 73(1) of KGST/CGST/IGST Acts, 2017. - Issued by Deputy Commissioner of Commercial Taxes (Audit)-6.4 on September 29, 2026. - Total demand of ₹12,56,693/- (Tax: ₹7,61,000/-, Interest: ₹4,95,693/-) for April 2022 to March 2023. - No material impact on operations; company is exploring options to contest the demand.

Routine Neutral

2026-09-28 10:01

- Trading window closed from October 01, 2026. - Closure applies to Directors, Promoters, Designated Employees, and Connected Persons. - Window opens 48 hours after declaration of Q2/H1 FY27 financial results. - Board meeting date to be intimated separately.

Routine Neutral

2026-09-28 09:45

- Trading window for dealing in company securities closed effective October 01, 2026. - Closure to continue until 48 hours after declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

Governance Positive

2026-09-23 19:16

- Board approved preferential allotment of 34.68 lakh equity shares (₹39.99 Cr) to Kirloskar Power Equipments Limited (Promoter Group). - Approved closure of the Master Restructuring Agreement (MRA) from June 2015 with Bank of India, indicating successful exit with no negative impact.

Business Update Positive

2026-09-23 19:06

- Board approved preferential allotment of 34,68,007 equity shares to Kirloskar Power Equipments Limited (Promoter Group) at ₹115.34/share, raising ₹39.99 Crores. - Approved the closure of the Master Restructuring Agreement (MRA) dated June 30, 2015, with Bank of India and its consortium, indicating a successful exit with no negative impact.

Ownership Positive

2026-09-21 17:41

- Kirloskar Electric Company Ltd. received in-principle approval from BSE and NSE for a preferential issue of 34,68,007 equity shares. - The shares will be issued to Kirloskar Power Equipments Limited, a promoter group company, at a floor price of ₹115.34 per equity share.

Ownership Positive

2026-09-21 17:35

- Kirloskar Electric Company Ltd. received in-principle approval from BSE and NSE on September 21, 2026. - Approval is for a preferential issue of 34,68,007 equity shares to Kirloskar Power Equipments Limited (promoter group company). - The shares will be issued at a floor price of Rs. 115.34 per equity share.

Governance Negative

2026-09-08 12:13

CRITICAL RED FLAG DETECTED

- Mrs. Sukanya Reddy, Vice President – Human Resources and Senior Management Personnel of Kirloskar Electric Company Ltd., has resigned due to personal reasons. The company intimated the resignation on September 08, 2026.

Governance Negative

2026-09-08 12:10

CRITICAL RED FLAG DETECTED

- Mrs. Sukanya Reddy, Vice President – Human Resources and Senior Management Personnel, has resigned due to personal reasons. - The intimation of her resignation was made on September 08, 2026.

Governance Negative

2026-09-08 11:27

CRITICAL RED FLAG DETECTED

- Mrs. Sukanya Reddy, Vice President - Human Resources and Senior Management Personnel, has been relieved from the services of Kirloskar Electric Company Limited. - Her resignation is effective from the closure of business hours on September 07, 2026.

Governance Negative

2026-09-08 11:22

CRITICAL RED FLAG DETECTED

- Mrs. Sukanya Reddy, Vice President - Human Resources and Senior Management Personnel, has been relieved from the services of Kirloskar Electric Company Ltd. - Her cessation of services is effective from the closure of business hours on September 07, 2026, upon her resignation.

Business Update Positive

2026-09-02 12:35

- Board approved the consolidation of objects for a proposed preferential issue of equity shares. - The proceeds of ₹39,99,99,927.38 will be used for working capital and repayment/prepayment of existing borrowings. - This modification was undertaken pursuant to observations from the Stock Exchanges.

Business Update Positive

2026-09-02 12:34

- Kirloskar Electric Company's Board approved consolidating the objects for its proposed preferential issue of equity shares. - The proceeds of ₹39,99,99,927.38 will be utilized for working capital, including repayment/prepayment of existing borrowings. - The consolidation does not alter the aggregate amount, issue price, or other material terms of the preferential issue.

Governance Negative

2026-08-20 17:53

CRITICAL RED FLAG DETECTED

- Kirloskar Electric Company Ltd. announced the resignation of two Senior Management Personnel: Mr. Arunesh M (Sr. VP – Operations) effective July 31, 2026, and Mr. Yathiraj B.L. (VP – Oil Filled Transformers Division / Sales & Marketing) effective May 31, 2026.

Governance Positive

2026-08-14 17:43

- The 79th Annual General Meeting (AGM) of Kirloskar Electric Company Ltd. was held on August 13, 2026. - All 8 proposed resolutions, including adoption of financial statements, re-appointment of directors/chairman, appointment of a new Director and Joint Managing Director, appointment of branch auditors, ratification of cost auditor remuneration, and raising funds via preferential issue to a promoter group entity, were passed with an overwhelming majority of over 99% votes in favor.

Governance Positive

2026-08-14 16:10

- Kirloskar Electric's 79th AGM (August 13, 2026) approved key appointments/re-appointments for Ms. R. Kirloskar, Mr. V. Kirloskar, and Ms. J. Kirloskar. - Shareholders also approved raising funds through a preferential issue of equity shares to Kirloskar Power Equipments Limited (promoter group).

Financials Negative

2026-08-13 13:35

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 (Shift from profit to loss YoY) - EBITDA Margin -0.36% vs 5.21% (▼557 bps) - The Company's net worth is eroded due to accumulated losses, and there are overdue payments to creditors, raising going concern doubts by the auditors. - Order booking for the quarter increased 28% YoY to ₹184 Cr. - Board approved preferential issue of equity shares worth ₹40 Cr to the promoter group.

Financials Negative

2026-08-13 13:30

CRITICAL RED FLAG DETECTED

- Q1 FY27 Consolidated Revenue ₹103.85Cr vs ₹132.24Cr (▼21.5% YoY) - EBITDA ₹(0.37)Cr vs ₹6.89Cr (From Profit to Loss YoY) - PAT ₹(5.99)Cr vs ₹0.42Cr (From Profit to Loss YoY) - EBITDA Margin -0.36% vs 5.21% (▼557bps) - The company's net worth is eroded, and there are overdue payments to creditors. - Auditors highlighted a material uncertainty regarding the company's ability to continue as a going concern.

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

New Filing detected. See link for details.

Governance Neutral

2026-08-07 16:01

- Board meeting scheduled for August 13, 2026, to consider and approve unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026. - The trading window will remain closed until August 15, 2026.

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 Neutral

2026-08-04 16:26

- Corrigendum to the Notice of the 79th Annual General Meeting (AGM) clarifying the utilisation of preferential issue proceeds. - Funds totalling ₹399.99 Crores will be used for repayment of borrowings (₹250 Cr) and funding working capital requirements (₹149.99 Cr). - No portion of the issue proceeds will be utilised for general corporate purposes, ensuring compliance with SEBI ICDR Regulations.

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 Negative

2026-07-31 18:39

- Mr. Arunesh M, Vice President – Operations, and Mr. Yathiraj B.L., Vice President – Oil Filled Transformers Division, have been relieved from the Company's services due to their resignation, 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 Positive

2026-07-31 18:27

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

Governance Neutral

2026-07-30 16:15

- 79th Annual General Meeting (AGM) of Kirloskar Electric Company Limited to be held on Thursday, August 13, 2026, at 11:00 A.M. IST via Video Conferencing (VC)/OAVM. - Annual Report for FY 2025-26 has been dispatched, and web-links are provided for access. - E-voting will be open from Monday, August 10, 2026, at 09:00 AM IST to Wednesday, August 12, 2026, at 05:00 PM IST.

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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