Kirloskar Industries Limited (KIRLOSIND) — Announcement | 13 August 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
KFIL targets 3 lakh MT casting capacity and INR 14,000 crore revenue by medium term
🔄 What Changed
New 15,000 MT/year Solapur foundry under commissioning; rolling capacity to increase from 15,000 to 25,000 metric ton/month
🔮 What's Next
Targeting 15% EBITDA margins for castings; volume growth of 15-20% in castings and steel; 10% growth in tubes
💡 Investor Takeaway
Shareholders should note the company is aggressively scaling capacity in high-margin sectors while managing commodity-driven cost pressures through renewable energy investments.

Kirloskar Industries announced strategic expansion plans for its ferrous subsidiary KFIL, targeting 3 lakh MT casting capacity and INR 14,000 crore revenue by medium term. The company is investing INR 600-700 crores annually in new foundries, rolling mills, and renewable energy projects to boost high-margin tube sales and offset power costs with INR 15,000 crore solar/wind benefits over four years.

📄 View Original Announcement (PDF)

About Kirloskar Industries Limited (KIRLOSIND)

Financial Services · Finance · Listed on NSE

Market Cap: ₹3,938.54 Cr P/E: 46.0 ROE: 5.7% ROCE: 8.4% Div Yield: 0.35%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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