Pune: Kirloskar Oil Engines Limited (KOEL) announced its audited financial results for the fourth quarter and financial year ended March 31, 2026, reporting its highest-ever standalone quarterly sales performance.
KOEL Q4 FY26 standalone quarterly sales stood at ₹1,522 crore, reflecting a 24% year-on-year growth, while full-year net sales rose 25% to ₹5,604 crore.
The Pune-headquartered company, listed on the BSE and NSE under KIRLOSENG, said revenue growth during KOEL Q4 FY26 was driven by strong execution across Powergen, Industrial, international markets, and service-led businesses.
According to the company, standalone revenue from operations during KOEL Q4 FY26 increased 24% year-on-year to ₹1,535 crore from ₹1,236 crore in Q4 FY25. EBITDA for the quarter rose 27% to ₹193 crore compared to ₹152 crore in the corresponding quarter last year, while EBITDA margin improved to 12.6%.
Net profit during KOEL Q4 FY26 stood at ₹118 crore, registering a 28% year-on-year increase from ₹92 crore in Q4 FY25.
For the full financial year, KOEL reported standalone revenue from operations of ₹5,647 crore, up 25% year-on-year from ₹4,521 crore in FY25. EBITDA for FY26 rose 33% to ₹737 crore, while annual EBITDA margin improved to 13.1%. Net profit for FY26 stood at ₹464 crore, reflecting 35% growth over the previous year.
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Commenting on the performance, Gauri Kirloskar said: “I am proud to share that KOEL concluded FY26 on a strong note, delivering our highest-ever quarterly sales.
For Q4, Net Sales reached ₹ 1,522 crore; 24% YoY increase, bringing our full-year Net Sales to ₹5,604 crore, representing 25% annual growth. Our success remains rooted in a commitment to sustainable, profitable growth, evidenced by our double-digit EBITDA margins.”
She added that the company maintained sharp focus on execution, deeper market penetration, and disciplined growth across businesses during FY26.
Discussing business segment performance during KOEL Q4 FY26, the company stated that its Powergen business delivered strong performance across low, medium, and high horsepower segments, resulting in market-share gains.
The Industrial business also witnessed momentum across Marine, Railways, and Construction sectors through expansion into new applications and stronger OEM engagement.
KOEL further said that Kirloskar Care gained traction due to improved service penetration and entry into whole goods. The company also undertook restructuring initiatives in its Fluid Dynamics business aimed at operational efficiency and product portfolio expansion.
The company highlighted that international sales during KOEL Q4 FY26 and FY26 grew at a faster pace, supported by sustained focus on overseas markets.
On operational performance, the company said it strengthened inventory management and maintained a continued focus on profitable growth.
Gauri Kirloskar said: “While our transformation journey towards the ‘2B2B’ goal may not always follow a linear path, the strength of our diversified portfolio and operational resilience continues to provide a strong foundation for sustainable growth.
We remain steadfast in our commitment to building a robust, execution-driven organization that consistently delivers long-term value to both our investors and customers alike.”
As part of KOEL Q4 FY26 announcements, the Board of Directors proposed a total dividend of 350% for FY26. This includes a final dividend of 225%, equivalent to ₹4.50 per share, subject to shareholder approval, in addition to the interim dividend of 125% or ₹2.50 per share already declared.
The company also reported cash and cash equivalents of ₹552 crore, net of debt, including treasury investments and excluding unclaimed dividends.
On a consolidated basis, revenue from operations during KOEL Q4 FY26 increased 21% year-on-year to ₹2,116 crore compared to ₹1,749 crore in Q4 FY25. Consolidated profit after tax rose 47% to ₹162 crore during the quarter.
For FY26, consolidated revenue from operations stood at ₹7,701 crore, registering 22% growth over FY25, while consolidated PAT increased 40% to ₹582 crore.
KOEL clarified that the standalone “Business to Customer (B2C)” business transferred to its wholly owned subsidiary has been classified as discontinued operations for all periods presented in the audited standalone financial results.
However, the company noted that there is no impact on the audited consolidated financial results because the transaction was carried out with a wholly owned subsidiary.
