Kirloskar Oil Engines Limited (KIRLOSENG) - Net Assets

Latest as of March 2026: Rs35.75 Billion INR ≈ $386.64 Million USD

Based on the latest financial reports, Kirloskar Oil Engines Limited (KIRLOSENG) has net assets worth Rs35.75 Billion INR (≈ $386.64 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs108.52 Billion ≈ $1.17 Billion USD) and total liabilities (Rs72.77 Billion ≈ $787.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Kirloskar Oil Engines Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs35.75 Billion
% of Total Assets	32.94%
Annual Growth Rate	10.93%
5-Year Change	71.74%
10-Year Change	121.07%
Growth Volatility	7.06

Kirloskar Oil Engines Limited - Net Assets Trend (2010–2026)

This chart illustrates how Kirloskar Oil Engines Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see KIRLOSENG market cap overview.

Annual Net Assets for Kirloskar Oil Engines Limited (2010–2026)

The table below shows the annual net assets of Kirloskar Oil Engines Limited from 2010 to 2026. Also explore Kirloskar Oil Engines Limited net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs35.75 Billion ≈ $386.64 Million	+16.96%
2025-03-31	Rs30.57 Billion ≈ $330.57 Million	+14.90%
2024-03-31	Rs26.60 Billion ≈ $287.70 Million	+15.48%
2023-03-31	Rs23.04 Billion ≈ $249.13 Million	+10.66%
2022-03-31	Rs20.82 Billion ≈ $225.13 Million	+8.30%
2021-03-31	Rs19.22 Billion ≈ $207.87 Million	+10.14%
2020-03-31	Rs17.45 Billion ≈ $188.73 Million	+2.74%
2019-03-31	Rs16.99 Billion ≈ $183.69 Million	+7.82%
2018-03-31	Rs15.75 Billion ≈ $170.38 Million	-2.58%
2017-03-31	Rs16.17 Billion ≈ $174.89 Million	+12.01%
2016-03-31	Rs14.44 Billion ≈ $156.14 Million	+7.63%
2015-03-31	Rs13.41 Billion ≈ $145.07 Million	+5.86%
2014-03-31	Rs12.67 Billion ≈ $137.05 Million	+9.79%
2013-03-31	Rs11.54 Billion ≈ $124.83 Million	+11.78%
2012-03-31	Rs10.33 Billion ≈ $111.68 Million	+16.11%
2011-03-31	Rs8.89 Billion ≈ $96.19 Million	+30.72%
2010-03-31	Rs6.80 Billion ≈ $73.58 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kirloskar Oil Engines Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 333.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs28.24 Billion	78.00%
Common Stock	Rs290.70 Million	0.80%
Other Components	Rs7.67 Billion	21.19%
Total Equity	Rs36.20 Billion	100.00%

Kirloskar Oil Engines Limited Competitors by Market Cap

The table below lists competitors of Kirloskar Oil Engines Limited ranked by their market capitalization.

Company	Market Cap
Ninestar Corp SHE:002180	$3.34 Billion
Dana Inc NYSE:DAN	$3.34 Billion
GRG Banking Equipment Co Ltd SHE:002152	$3.34 Billion
HNI Corp NYSE:HNI	$3.35 Billion
Multistrada Arah Sarana Tbk JK:MASA	$3.34 Billion
APERAM S.A. NY SHS/1 O.N. F:7AAN	$3.33 Billion
Aneka Tambang (Persero) TBK (PT) AU:ATM	$3.33 Billion
Nuvama Wealth NSE:NUVAMA	$3.33 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kirloskar Oil Engines Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 30,865,000,000 to 36,201,900,000, a change of 5,336,900,000 (17.3%).
Net income of 5,743,200,000 contributed positively to equity growth.
Dividend payments of 944,400,000 reduced retained earnings.
New share issuances of 46,000,000 increased equity.
Other comprehensive income decreased equity by 6,847,900,000.
Other factors increased equity by 7,340,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs5.74 Billion	+15.86%
Dividends Paid	Rs944.40 Million	-2.61%
Share Issuances	Rs46.00 Million	+0.13%
Other Comprehensive Income	Rs-6.85 Billion	-18.92%
Other Changes	Rs7.34 Billion	+20.28%
Total Change	Rs-	17.29%

Book Value vs Market Value Analysis

This analysis compares Kirloskar Oil Engines Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 8.54x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 45.39x to 8.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-03-31	Rs46.72	Rs2120.60	x
2011-03-31	Rs61.07	Rs2120.60	x
2012-03-31	Rs70.91	Rs2120.60	x
2013-03-31	Rs79.65	Rs2120.60	x
2014-03-31	Rs87.63	Rs2120.60	x
2015-03-31	Rs92.76	Rs2120.60	x
2016-03-31	Rs99.84	Rs2120.60	x
2017-03-31	Rs111.83	Rs2120.60	x
2018-03-31	Rs108.94	Rs2120.60	x
2019-03-31	Rs117.46	Rs2120.60	x
2020-03-31	Rs120.68	Rs2120.60	x
2021-03-31	Rs132.91	Rs2120.60	x
2022-03-31	Rs143.74	Rs2120.60	x
2023-03-31	Rs158.85	Rs2120.60	x
2024-03-31	Rs184.22	Rs2120.60	x
2025-03-31	Rs212.01	Rs2120.60	x
2026-03-31	Rs248.23	Rs2120.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kirloskar Oil Engines Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 15.86%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.46%
• Asset Turnover: 0.71x
• Equity Multiplier: 3.00x
Recent ROE (15.86%) is above the historical average (14.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	24.11%	7.39%	1.43x	2.29x	Rs959.72 Million
2011	19.53%	7.17%	1.40x	1.95x	Rs847.89 Million
2012	18.57%	8.43%	1.29x	1.71x	Rs885.35 Million
2013	17.23%	8.57%	1.33x	1.51x	Rs834.15 Million
2014	14.08%	7.80%	1.24x	1.46x	Rs517.27 Million
2015	10.67%	5.79%	1.28x	1.44x	Rs89.96 Million
2016	11.46%	6.87%	1.22x	1.36x	Rs210.37 Million
2017	10.75%	6.64%	1.21x	1.33x	Rs121.73 Million
2018	8.87%	4.62%	1.21x	1.59x	Rs-178.25 Million
2019	12.90%	6.21%	1.36x	1.53x	Rs493.12 Million
2020	10.61%	5.56%	1.21x	1.58x	Rs106.64 Million
2021	10.14%	5.99%	0.86x	1.98x	Rs27.46 Million
2022	8.38%	4.39%	0.79x	2.42x	Rs-336.47 Million
2023	14.43%	6.69%	0.74x	2.92x	Rs1.02 Billion
2024	16.51%	7.56%	0.71x	3.09x	Rs1.74 Billion
2025	15.85%	7.77%	0.60x	3.40x	Rs1.80 Billion
2026	15.86%	7.46%	0.71x	3.00x	Rs2.12 Billion

Industry Comparison

This section compares Kirloskar Oil Engines Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $40,912,332,381
Average return on equity (ROE) among peers: 14.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kirloskar Oil Engines Limited (KIRLOSENG)	Rs35.75 Billion	24.11%	2.04x	$3.34 Billion
Aaron Industries Limited (AARON)	$158.89 Million	23.34%	0.87x	$28.18 Million
Ador Welding Limited (ADORWELD)	$2.45 Billion	7.51%	0.75x	$184.52 Million
The Anup Engineering Limited (ANUP)	$910.82 Million	26.36%	0.46x	$356.71 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$7.35 Million
Azad Engineering Limited (AZAD)	$6.45 Billion	9.08%	0.24x	$1.82 Billion
Bharat Heavy Electricals Limited (BHEL)	$331.61 Billion	10.56%	1.27x	$16.16 Billion
Cummins India Limited (CUMMINSIND)	$75.61 Billion	26.45%	0.34x	$15.05 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-9.80 Billion	0.00%	0.00x	$2.14 Billion
Diffusion Engineers Ltd (DIFFNKG)	$1.42 Billion	15.59%	0.62x	$175.00 Million
Ducon Infratechnologies Limited (DUCON)	$268.40 Million	17.04%	0.31x	$4.46 Million

About Kirloskar Oil Engines Limited

NSE:KIRLOSENG India Specialty Industrial Machinery

Market Cap

$3.34 Billion

Rs308.59 Billion INR

Market Cap Rank

#4622 Global

#205 in India

Share Price

Rs2120.60

Change (1 day)

+3.93%

52-Week Range

Rs869.55 - Rs2563.60

All Time High

Rs2563.60