What we do Kirloskar Industries Ltd is a diversified investment company mainly engaged in real estate, iron casting, steel, and tube manufacturing through subsidiaries and investments in group companies. |
Founded in 1,978 |
Market share Maintains market leadership in domestic castings and significant stakes in group companies like Kirloskar Ferrous Industries. |
Problem solved Supports industrial sectors through manufacturing pig iron, steel, tubes, castings, and real estate development meeting growing infrastructure demands. |
Top clients or who we serve Serves industrial businesses, construction, automotive OEMs, real estate tenants, and energy sectors via subsidiaries; primarily B2B and Real Estate B2C. |
Key management - |
Our journey and innovations Founded in 1978; expanded from diesel engines to investments. Recent milestones include launching real estate projects and acquiring solar and steel businesses. |
Where we operate India primarily with manufacturing plants in Maharashtra, Karnataka; subsidiaries operate internationally including Luxembourg and Sweden. |
Top products or what we offer Flagship offerings include pig iron, castings, steel products, real estate developments like 'One Avante', and energy generation assets. |
Top brands - |
Raw materials needed Iron ore, coal, steel, alloys, and raw materials for real estate construction. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is a mix of recurring investment income and cyclical manufacturing sectors like steel and castings. |
Our industry position Leading domestic manufacturer of castings and iron products; significant real estate player in Pune region; diversified industrial presence. |
Financial highlights Consolidated revenue Rs. 6628.91 Cr with net profit Rs. 149.09 Cr for FY 24-25; subsidiary KFIL revenue Rs. 6,628 Cr with Rs. 432 Cr PBT. |
Geographical revenue split Primarily India with some subsidiaries operating in Europe and Luxembourg; sales focus largely domestic. |
Order book - |
Whats driving growth Growth driven by industrial demand, real estate development, renewable energy projects, and expanding manufacturing capacities. |
Our future plans Focus on real estate project expansions, solar and wind energy capacity enhancement, and increasing market share in steel and casting segments. |
Our green promise Investments in renewable energy projects including 70 MW solar plant and windmills; sustainability certifications in real estate. |
Our people and values Employs about 35 employees directly, with robust governance and culture focusing on ethics, compliance, and long-term value creation. |
Key challenges ahead Commodity price volatility, regulatory changes in emission norms, project execution risks, competition in real estate and manufacturing. |
Interesting facts One Avante building is IGBC Platinum and LEED Gold pre-certified real estate project. |
Risks and strategy Mitigates risks via risk management committees focusing on market, operational and regulatory risks; emphasizes fiscal discipline and growth opportunities. |
