Kirloskar Brothers Ltd
NSE: KIRLOSBROS BSE: 500241
₹1339.10
(-6.13%)
Tue, 07 Apr 2026, 03:03 pm
Market Cap106.25B
PE Ratio26.64
Dividend0.49
Producer Manufacturing
Industrial Machinery
24.5KCompany History
1920
- Company incorporated on 15 January at Kirloskarvadi, Maharashtra.
1977
- Issued 3,27,081 bonus equity shares in 2:3 proportion.
1978
- Reissued or annulled some forfeited shares.
- Issued 4,08,935 rights equity shares at par in 1:2 proportion.
1980
- Redeemed 60,000 9% preference shares on 31 July 1981.
- Annulled forfeiture on 32 equity shares.
1982
- Annulled forfeiture on 227 equity shares.
1983
- Incorporated joint ventures Kirloskar Rateau Ltd. and Rateau Kirloskar International.
- Allotted 1,980 bonus equity shares.
- Forfeited 810 equity shares.
- Subdivided equity shares on 20 May.
1984
- Kirloskar Rateau Ltd. setup pending approvals not activised.
- Issued 50,000 15% secured redeemable non-convertible debentures (III Series) on rights basis.
- Privately placed 25,000 15% secured redeemable non-convertible debentures.
- Kirloskar Rateau Ltd. became subsidiary on 23 April.
1985
- Authorised capital reclassified.
- Redeemed preference shares.
1986
- Entered foreign collaboration agreements with Oil Tool Specialities Co., USA; Godiva Fire Pumps Ltd., UK; and Nikkiso Co Ltd., Japan.
1988
- Offered 3,45,000 14% secured non-convertible debentures on rights basis; unsubscribed portion privately placed.
- Privately placed 1,00,000 14% secured redeemable non-convertible debentures with SBI Capital Markets.
1989
- Mobile fire fighting pumpsets with Godiva Fire Pumps Ltd., UK well received.
- Received letter of intent to expand hermetically sealed compressors from 100,000 to 500,000 per annum.
1990
- Allotted 200,000 14% secured redeemable non-convertible debentures to LIC mutual fund.
- Redeemed non-cumulative debentures and 30% of cumulative debentures of third series.
1991
- Erecting plant for submersible pumps under licence from Ebara Italia S.P.A. at Shindewad.
- Withdrew from SPP International Ltd., UK and SPP Inc., USA by disposing investments.
1994
- Faced poor sales and profitability due to re-engineering and excise duty issues.
- Allotted 11,30,935 equity shares to associate companies on preferential basis.
- Entered technical collaborations for pumps, machine tools and hermetic compressors.
- Received Export Excellence Award from Government of India for seventh year.
1995
- Upgraded Cast Iron foundry at Kirloskarvadi.
- SPP proposed separate marketing company SPP Inc. in USA.
- Signed technical collaboration with Corrocoat Ltd., UK for anti-corrosion coatings.
- Allotted 11,30,935 equity shares to associate companies.
- Allotted 8,33,033 equity shares at par to associate company.
- Allotted 8,33,033 equity shares against warrants to group companies.
1996
- Planned introduction of new canned motor pumps 0-200 KW.
- Signed cooperation and technology transfer agreement with Finmeccanica S.p.A. Ansaldo, Italy for steam turbines.
- Issued 20,14,559 bonus shares in 2:5 proportion.
1997
- Inaugurated Anti Corrosion coating plant at Kirloskarvadi.
- Allotted 20,14,559 bonus equity shares.
- Negotiating technical tie-up with Mitsubishi for silk.
- Entered technical cooperation agreement with Taramomeccanica SpA, Italy for CVP.
- Signed MoU with Laos government for JV to manufacture pumps.
1998
- KBL signed agreement with Ebara Corporation of Japan for hydro turbines up to 10 MW.
- Commissioned second concrete volute pump station at Vindhyachal Super Thermal Power Project.
1999
- Toyota-Kirloskar JV set up first service station-cum-showroom in Mumbai.
- KBL entered distribution agreement with Erhard GmbH and Co., Germany.
2000
- Moved sales, distribution of fluid pumps and part of projects business online.
2001
- Approved buyback of shares.
- Acquired 4,91,016 equity shares in KOEL to increase stake.
- Bagged orders worth Rs 519 crore including Rs 442 crore from Sardar Sarovar Nigam.
- Introduced VRS at Dewas plant.
- Received Rs 30 crore order from Gujarat Mineral Development Corporation for Akrimota Thermal Power Project.
2003
- Bagged US $5 million order from Cambodia Ministry of Water Resources.
- Board approved investments in overseas Special Purpose Vehicle.
- Acquired assets and businesses of UK-based SPP Pumps Ltd.
- Invested 19,50,000 GBP in UK JV company.
- Declared 100% SLK Birth Centenary Year Special Interim Dividend.
2004
- Kirloskar Brothers and HCC awarded contract for Devadula-Godavari Lift Irrigation Scheme.
- KBL bagged contract worth 1240 million.
- KBL launched submersible pump 'Champion 2'.
- KBL bagged Rs 41.4 crore order from Nuclear Power Corporation for primary sodium pumps.
- Company delisted from Pune Stock Exchange effective October 14.
2005
- Kirloskar Brothers issued bonus shares in 2:1 ratio.
- Company split face value of shares from Rs 10 to Rs 2.
2008
- Shareholders approved re-appointment of directors S. S. Marathe, P.S. Jawadekar, M. G. Padhye and Rahul C. Kirloskar.
2009
- Kirloskar Brothers received order from Egypt for Benban and Rozaikat irrigation pumping stations on turnkey basis.
2010
- Kirloskar Brothers bagged order from GWSSB for solar pumps.
- KBL-SPML bagged Rs 448.35 crore contract from Bangalore Water Supply and Sewerage Board.
- Kirloskar Systech Ltd. incorporated as wholly owned subsidiary of Kirloskar Brothers.
2011
- Kirloskar Brothers recommended dividend of Rs. 3.50 per share.
- KBL launched Tamper Proof Kinetic Air Valve.
- KBL launched Mobile Pump Controller.
- Kirloskar Brothers won SAP ACE Award.
- KBL received Factory Mutual certification for valves.
2012
- KBL launched web-based troubleshooting guide for pumps.
- KBL Dewas bagged first prize MT Award for Excellence in Safety.
- Kirloskar Brothers inaugurated first Authorised Refurbishment Centre at Vadodara.
- Kirloskar Brothers marked 50 years of presence in Egypt.
- KBL received trademark registration for JALVERTER.
2013
- KBL inaugurated Benban and Rozaikat pumping stations in Egypt.
- Kirloskar Brothers inaugurated second Refurbishment Centre in New Delhi.
- Kirloskar Brothers acquired ASME Certificates of Authorisation.
- Kirloskar Brothers Dewas won Lakshman Rao Kirloskar Award for Foundry of the Year 2012.
- Kirloskar won ASSOCHAM Innovation Excellence Award.
2014
- Kirloskar Brothers opened refurbishment centre in Bellary.
- Kirloskars set up centre to service irrigation systems in Egypt.
- Kirloskar Brothers signed MoU with Peru’s national water authority ANA.
- KBL all-women Coimbatore plant awarded at 5th Asia Employer Brand Awards.
2015
- Kirloskar Brothers acquired Rodelta Pumps.
- KBL won national award for LLC pumps series.
- KEPL tested High Speed High Pressure Pumps for Saudi Aramco.
- CII Merit Award to KBL Coimbatore.
- KBL LLC Pumps series received INDIA DESIGN MARK.
- KEPL set new technological benchmark.
2016
- Kirloskar Brothers bought Rodelta Pumps.
- CII GreenCo awarded Silver to Kirloskarvadi plant and Bronze to Kondhapuri Plant.
- High Court sanctioned amalgamation of Kirloskar Systech Limited with Kirloskar Brothers Limited.
2019
- KBL launched three products including two pumps and a water filtration product.
2020
- KBL launched Energy Efficient SP Coupled Pumpset with IE4 Motor.
2021
- KBL recognised at ASSOCHAM Diversity & Inclusion Excellence Awards as Best Employer for Women.
- Dewas Plant won Silver Medal at National Awards for Manufacturing Competitiveness.
- KBLOne4All App launched for E-Warranty Registration.
- KBL adjudged No.1 company in Domestic & Agri Pump Sales in Odisha.
- Advanced Technology Product Division (ATPD) manufacturing facility opened at Kirloskarvadi.
- KBL received patent for Dual Voltage Controller.
- Kirloskar Brothers won Digital Technology Senate Awards 2021 for IoT.
- KBL launched SP Coupled Pumpset with IE5 Motor.
- KBL introduced NEO Series 4-Inch Borewell Submersible Pumps.
- Kirloskar Brothers Limited won 'India’s Most Ethical Company' Award.
- Kirloskar Brothers Limited launched Mini Range Pumps AARNA, ANAYA and RIAN.
2023
- Kirloskar Brothers Limited launched KW-LC Series of Pumps for HVAC segment.
- KBL launched Aqua Torrent-10FCL Pump Series (1.0HP).
- KBL received patent for Hydro Power Generation System.
2024
- KBL became associate partner of Puneri Paltan for Pro Kabaddi League Season 11.
- Kirloskar Brothers Limited earned GreenCo Certifications for its manufacturing plants.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800