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KOEL, one of the flagship companies of the Kirloskar group, manufactures and services diesel engines and diesel generator sets. The company also makes diesel, petrol and kerosene-based pump sets. It has manufacturing units in Pune, Kagal, and Nashik. The company caters to the agriculture, power generation, and industrial sectors.
Kirloskar Oil Engines Limited has informed the Exchange about General Updates
KOEL's subsidiary KAC acquired the remaining 49% in Wildcat Power Gen, USA for ~1.43 Cr, making it a wholly-owned unit. This strengthens North American expansion and integrates operations. Wildcat reported ₹44.9 Cr revenue in FY26.
Board approved increasing the ESOP pool by 0.01 Cr options, pending shareholder approval via postal ballot. A cut-off date for e-voting has been set for this amendment.
Kirloskar Oil Engines (KOEL) approved the cancellation of 36,108 employee stock options. This reduces the outstanding options pool from 2,40,000 to 2,03,892, potentially easing future equity dilution.
Kirloskar Oil Engines (KOEL) achieved strong Q1 FY27 domestic growth across power generation, industrial, and aftermarket. Standalone revenue rose 16% YoY to 1,471 Cr, but net profit declined 10% to 99 Cr. Consolidated revenue grew 13% to 2,000 Cr, with net profit down 17% to 111 Cr. Exports remained weak.