Kirloskar Oil Engines Limited — Investor Meet, 23-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Kirloskar Oil Engines crossed INR1,400 Cr sales in Q4, up 21% QoQ and 2% YoY, with EBITDA margin improving 200 bps to 12.1% and PAT margin rising to 7.5%. FY25 sales exceeded INR5,000 Cr (up 6% YoY), maintaining strong margins. The high horsepower genset segment grew 20% YoY to INR110 Cr. B2C stabilized post-plant consolidation, with revenues up 42% QoQ and profitability surging 269%. Management emphasized a 2X growth journey with >2x EBITDA/cash growth, a full product range, and engine self-reliance for marine use. The $2 billion revenue target by FY30 hinges on tech leadership, HHP expansion, selective acquisitions, and export market development alongside efficient cash management.