KIRLOSKAR BROTHERS
Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=2680
Printed Date: 20/Apr/2025 at 11:33am
Topic: KIRLOSKAR BROTHERS
Posted By: EMANI
Subject: KIRLOSKAR BROTHERS
Date Posted: 22/Feb/2010 at 2:13pm
This company is into the production and sale of pumps and compressors and is in operation since 1920.The extensive use of its products in agriculture and elsewhere creates good demand for its products.The finanacial data is as under.
EQ. CAP...........21Cr
BV...................72
NP...................67 Cr( Mar 2009)
NP..................59Cr(9 months ..current year)
ROCE.............15.03
RONW..............9.87
D\Eq.................0.38
SALES.............1396Cr( current year...9 months)
SALES.............1888Cr(Mar 2009)
EPS....................10 ( TRAILING 12 MONTHS ON A F.V . of Rs.2/-)
The company appears to have some potential to generate growth. The stock is trading at 233/-.(Disclosure.......I am holding a small quantity of this)
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Replies:
Posted By: EMANI
Date Posted: 22/Feb/2010 at 2:21pm
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Kirloskar Brothers Limited - India's largest manufacturer and exporter
of centrifugal pumps and pumping systems, a company which built the
world’s largest pumping scheme in Gujarat, and a flagship company of
the pioneering Kirloskar Group of companies - placed a significant
order with Green Brilliance Energy Private Limited (Vadodara, India), a
wholly-owned subsidiary of GreenBrilliance Holdings LLC.
('http://www.greenbrilliance.com') The order is for supply of solar
photo-voltaic modules and their installation under the solar water
supply project in remote areas of Gujarat. GreenBrilliance will supply
and install the PV modules in the remote talukas of Danta and Amirgarh
near Palanpur.
These solar pumping systems will provide water from 10,000 litres per
day to 5,000 litres per day per pumping system from the bore-well
depths of 30 meters to 70 meters - 100 feet to 200 feet, approximately
- saving the villagers the exertions of running hand pumps by using
patented KIRLOSKAR solar drive controllers and high-energy,
high-efficiency GreenBrilliance solar photovoltaic panels.
The lack of power supply in these areas leads GreenBrilliance
management to expect to sell a large number of solar pumping systems in
rural areas of India. All systems are equipped with high wattage and
high efficiency GreenBrilliance panels and can supply water up to
100,000 litres per day. These systems can be used for both drinking
water and irrigation purposes.(source News Blaze)Members are requested to express their views.
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Posted By: EMANI
Date Posted: 22/Feb/2010 at 2:45pm
Institutional holding in the company is as under.
| http://www.moneycontrol.com/mutual-funds/nav/reliance-diversified-power-sector-fund-retail-plan/MRC055 - Reliance Diversified Power Sector Fund - Retail Plan (G) |
4,022,401 |
| http://www.moneycontrol.com/mutual-funds/nav/icici-pru-tax-plan/MPI007 - ICICI Pru Tax Plan (G) |
1,230,462 |
| http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS003 - DSP BlackRock Equity Fund - Regular Plan (D) |
493,262 |
| http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS078 - DSP BlackRock Equity Fund - Regular Plan (G) |
493,262 |
(source Money control.com)
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Posted By: EMANI
Date Posted: 22/Feb/2010 at 11:07pm
The company grew at a cagr of 32% from 2004 to 2008 and its NP grew from 12.5cr to 67cr during the last 10 years while the networth improved from 128cr to 709cr during the past decade.The company declared dividends of 200% or more from 2004 to 2008 while it was 100 for 2009. The company aquired KOLHAPUR STEELS(BIFR) for bacwaed integration for cast steel and turned it around.
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The Power group has successfully completed sump model cooling water system for 4000 mw ultra mega power project at kirloskar wadi and it has taken several other projects for nuclear power plants and essar power for cooling systems and boiler feed pumping.Several other EPC projects were were received from global players including alstom and seimens Bechtel,USA.There are several water pumping sewage water treament projects from SAIL, Municipal corportions of delhi, nagpur,huda Hyderabad and Republic of Lesotho.It has implemented/implementig successfully many lift irrigation projects in AP, KARNATAKA and GUJARAT.It also enterd the oil and gas industry by doing prestigious projects for ONGC, RELIANCE ,SEWA(UAE). It has orders from Delhimetro, Mumbai internationalair port, Trivandrum air port, common wealth games2010 for pumping systems.The company also spends about 1.4% of sales towards research.It has BEE 5 star rating on 8 of its models which certifies power saving.The company should grow with the growth of our economy with a lot of impetus on sewage water treatment, drinking, irrigation, power, oil and gas industries.
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Posted By: EMANI
Date Posted: 22/Feb/2010 at 7:14am
Members interested to have a detailed version of the above plus the patented products and patents pending,execution of desalination projects in Middle east, projects undertaken in the fareast and other latin american/ european countreis and the technical tieups and the annual report may find them from the following link.
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http://www.kbl.co.in/ - www.kbl.co.in |
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Posted By: EMANI
Date Posted: 22/Feb/2010 at 9:43am
I earnestly request our members to express their opinions.
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Posted By: EMANI
Date Posted: 25/Feb/2010 at 10:18am
Stock is trading at 241. If crosses 245 then 270 can be expected.
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Posted By: EMANI
Date Posted: 28/Feb/2010 at 1:33pm
http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=313053 - Members
of the Exchange are hereby informed that the trading in equity shares
of Kirloskar Brothers Limited shall be suspended w.e.f. March 09, 2010
(i.e. closing hours of trading on March 08, 2010) o... Date: 2010-02-26
Kirloskar Brothers Limited has informed the Exchange that the
Honourable High Court of Judicature at Bombay has approved the Scheme
of Arrangement between Kirloskar Brothers Limited (KBL), Kirloskar
Brothers Investments Limited (KBIL) and their respective shareholders
on January 22, 2010. The Committee of the Board of Directors has fixed,
March 10, 2010 as a "Record Date" for the purpose of issue of new
equity shares of KBL, after reduction in the share capital and of KBIL,
in terms of the Scheme of Arrangement. In this connection, as per the
terms of the Scheme of Arrangement, the shareholders of KBL, against
their respective holding of 20 (Twenty) KBL equity shares of Rs.2/-
each, would be entitled to receive 15 (Fifteen) new equity shares of
Rs.2/- each of KBL after reduction of capital and 1 (One) equity share
of Rs.10/- of KBIL. Further, the Company has submitted detailed note on
the Scheme of Arrangement. The copy of the same shall be available on
the NSE website (http://www.nseindia.com) under: Corporates > Latest
Announcements and on the Extranet Server (/Common/Corporate
Announcements).
(source:moneycontrol.com)
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Posted By: excel_monkey
Date Posted: 22/Jan/2011 at 6:55pm
KIRLOSKAR BROTHERS quoting at a market cap if around 1300 crores on 2000 cr + of sales and healthy operating margins
do you guys think it is a good play on the water sector?
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Posted By: somu0915
Date Posted: 22/Jan/2011 at 11:36pm
100 yr old company.
Leader in water pumps.
I think its a very good long term buy at these levels.
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Posted By: excel_monkey
Date Posted: 23/Jan/2011 at 10:30pm
analyst presentation
http://www.kbl.co.in/kbl_internet/images/financial/Analyst%20Meet%202nd%20August%20KBL.pdf
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Posted By: vaib
Date Posted: 23/Jan/2011 at 12:49pm
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Can you compare it with KSB pumps ?
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