This operational resilience translated into robust financial performance. KOEL achieved
its highest ever total sales of f5,073 crore, with a PBT of f580 crore and a net profit of
f432 crore.
These numbers reflect efficient topline momentum, cost optimisation, product
differentiation and operational efficiency.
Our product strategy continued to push boundaries this year, with one of our notable
highlight being Optiprime series of Gensets. This series exemplifies innovation in power
solutions, offering a unique and space-efficient design that integrates multiple engines
under a single canopy. This modular configuration—ranging from dual to quad-core
setups—delivers high power density while significantly reducing the installation
footprint. Designed for flexibility and scalability, Optiprime allows customers to tailor
power output to their specific requirements, enable ease of maintenance and operational
continuity. With its optimised intelligent design, Optiprime is ideally suited for sectors
where space is limited and uninterrupted performance is critical.
At the core of this transformation is our unwavering commitment to in-house innovation.
KOEL remains one of the few companies in the sector that conducts all research and
development activities internally — from conceptualisation and prototype to
full-scale production. This model ensures speed and control and nurtures Indian
engineering talent by giving them end-to-end ownership of complex, high-impact programmes.
In the B2C business, a major milestone was achieved with the inauguration of LGM's new
plant in Sanand in September. This state-of-the-art facility consolidates five existing
manufacturing units into a single integrated location, enhancing operational efficiency
and production capabilities. Looking ahead, our strategy is aligned with the 'To be $2
billion vision' — to move beyond the engine and beyond India — by offering
integrated solutions across domestic and international markets. We believe our next step
encompasses us being the trusted partner to our customers across a broadening spectrum of
power requirements, supported by smart technology, service and sustainable practices.
Sustainability remains a cornerstone of our values. This year, our Kagal plant earned
three prestigious accolades in recognition of its green and energy-efficient practices.
The plant earned the Gold Category award for the second consecutive year in the Net Zero
Torch Bearer competition, conducted by the International Research Institute for
Manufacturing. It also received the 'Excellent Energy Efficient Unit' award for the third
consecutive year and the 'National Leader' award for its consistent efforts in energy
management and conservation. Additionally, the plant was honored with the
"Noteworthy" award from CII for its commendable initiatives in water
conservation and management.
Across all our locations, we are investing in cleaner processes, energy efficiency and
responsible resource usage — reaffirming our commitment to building a future-ready
business.
In recognition of the Company's performance and in line with our commitment to
shareholder value, the Board of Directors proposed a total dividend of 325% for the fiscal
year. This includes a final dividend of 200%, which is H 4.00 per share subject to
shareholders' approval, in addition to the interim dividend of 125% i.e. H 2.50 per share.
On behalf of the Board, I extend my sincere appreciation to our shareholders,
customers, business partners and employees. Your trust and support have been instrumental
in driving KOEL forward. With a renewed purpose, a diversified product portfolio and a
deep-rooted culture of engineering excellence, we look ahead with optimism and confidence.
Thank you for being part of this journey.
Warm regards,
Atul Kirloskar
Chairman
Kirloskar Oil Engines Limited