Kirloskar Oil Engines

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Kirloskar Oil Engines was set up in 1946 to produce combustion internal engines with Deutz AG and SEMT Pielstick technologies.
The Kirloskar Oil Engines Ltd has a wide products range which includes irrigation pump sets, iron gray castings, diesel engines, generating diesel sets, valves, and engine bearings.

Kirloskar Oil Engines production plants are at Solapur, Pune, Nasik, and Ahmednagar in Maharashtra. The company produces 3-7,200 HP-range diesel engines and commands a market share of around 17%.

The Kirloskar Oil Engines Company is the biggest player in the segment of bi-metal bearings with the market share of more than 45%. The company has diversified its range of products and has entered the segment of HP engine 160 HP- 220. The Kirloskar Engines Oil Ltd. has also entered in the business of assembling of gas and steam turbines.

The Kirloskar Oil Engines Company's engines conform to the norms of Tier-II and have also received approval from the Agency of Emission Protection of the United States. The company has got the license with which it can do business in power. And the Kirloskar Oil Engines had obtained this license in 2003-2004.

The total income of the Kirloskar Oil Engines amounted to ` 4291 million in 2005-2006 and the next year the figure amounted to ` 5046.4 million. The net profit of the Kirloskar Oil Engines Ltd. amounted to ` 234.7 million in 2005-2006 and the next year the profit increased to ` 273.6 million. This shows that the profit levels of the company have increased in recent times.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)268
IndustryEngines
Turnover2435.37
Profit after Tax(PAT)173.73
MCAP (Market Capitalization)1906.33
Assets1138.4

Kirloskar Oil Engines has become one of the topmost companies in the engines and pumps manufacture sector in India. This has been possible due to the fact that the company has always given the best quality of products to its customers.

Last Updated on 1/4/2012

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