What we do Kirloskar Electric Company Ltd manufactures and sells electrical equipment including motors, transformers, generators, and switchgear, serving industrial sectors across India and abroad. |
Founded in 1,946 |
Market share A leading player in India's electrical equipment industry with strong presence in cast resin transformers and rotating machines. |
Problem solved Provides reliable electric motors and power equipment enabling industrialization and efficient power generation and distribution infrastructure. |
Top clients or who we serve Core industries such as steel, fertilisers, cement, sugar, and other heavy industries; B2B focus. |
Key management Mr. Vijay R Kirloskar (Executive Chairman), Mr. Anand B Hunnur (Managing Director), Mr. Sanjeev Kumar Shivappa (Director Finance & CFO). |
Our journey and innovations Founded in 1946, acquired Voltas Transformers, diversified into wind turbine generators, and expanded manufacturing with acquisition of German firm Lloyd Dynamowerke. |
Where we operate Primarily India with export presence and subsidiary operations in North America and the Middle East. |
Top products or what we offer AC induction motors, transformers (including 40-MVA models), generators, switchgear, automated control systems, and diesel generator sets. |
Top brands BLISS Diesel Generating Sets (12.5-25kVA), Kirloskar Motors, LDW Motors (German subsidiary). |
Raw materials needed Electrical steel, copper, insulation materials, cast resin components, and electronic parts for motor and transformer manufacturing. |
Raw materials supplier Various local and international suppliers; strategic partnerships not publicly detailed. |
Recurring vs cyclical contribution Revenue is largely cyclical, correlated with industrial and infrastructure investments. |
Our industry position Established market leader in cast resin transformers and rotating electrical machines with expanding product and geographic footprint. |
Financial highlights FY 2024-25 revenue approximately Rs. 543.82 crores; net profit of Rs. 3.73 crores; profit turnaround from previous year's loss. |
Geographical revenue split 94.6% revenue from India, 5.4% from international markets including North America and UAE. |
Order book - |
Whats driving growth Infrastructure development, industrial automation, diversification into non-conventional energy products, and manufacturing capacity expansion drives growth. |
Our future plans Amalgamation of subsidiaries to consolidate operations, increase capital expenditure focused on rotating machines, and expand product range. |
Our green promise - |
Our people and values Strong governance with diverse board and zero-tolerance policy on workplace harassment; significant employee dedication acknowledged. |
Key challenges ahead Competitive pressures, raw material costs, technological innovation demands, and maintaining profitability amid cyclical industry dynamics. |
Interesting facts Pioneer in India’s industrialization with contributions to missile and hydel power projects; acquired specialist German motor manufacturer in 2008. |
Risks and strategy Risk management policies in place; focusing on operational efficiencies and technology partnerships to mitigate market uncertainties. |
