Kirloskar Oil Engines Limited (KOEL) has announced impressive financial results for the quarter and year ended March 31, 2026. The company achieved its highest-ever revenues for B2B businesses, with consolidated annual sales reaching ₹7,641 crore, marking a 22% year-on-year growth. Quarterly consolidated sales for Q4 FY26 stood at ₹2,098 crore, reflecting a 21% increase compared to the same period in the previous year.
Financial Highlights
Kirloskar Oil Engines Limited demonstrated strong momentum throughout the fiscal year. On a consolidated basis, the company reported an annual Profit After Tax (PAT) of ₹562.5 crore, representing an 18% growth over FY25. For Q4 FY26, the consolidated PAT was ₹155.2 crore, a significant 23% increase year-on-year. These figures highlight the company’s operational efficiency and successful execution of business strategies.
Segment Performance Overview
The company’s diverse business segments contributed to this record performance. The B2B business recorded a strong year, with revenue growing 26% to reach ₹5,685.8 crore. Domestic PowerGen operations showed exceptional strength across LHP, MHP, and HHP segments, consistently outpacing industry volume growth rates. Simultaneously, the Industrial segment benefited from robust performance in Marine, Railway, and Construction sectors.
The B2C segment (Fluid Dynamics) also achieved healthy growth, driven by a strategic focus on last-mile secondary sales. The segment saw a record-breaking year with revenues of ₹1,138.5 crore and the launch of 8 new products in Q4 FY26, with notable export success in Saudi Arabia and the UAE.
Financial Services and Debt Management
The Financial Services segment (AFHPL) remains a core pillar, contributing ₹876.7 crore in revenue for the year. The total Assets Under Management (AUM) reached ₹7,947 crore by the end of March 2026. Furthermore, the company improved its capital structure, with the Debt-to-Equity ratio strengthening from 4.4 in FY25 to 3.7 in FY26, reflecting a disciplined approach to balance sheet management and a continued focus on expanding the secured granular retail business.
Source: BSE
