Kirloskar Brothers Share price target 2026 to 2030

Kirloskar Brothers Share price target 2026 to 2030

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Kirloskar Brothers Limited (KBL) is India’s oldest and most trusted name in fluid management, with a legacy dating back to 1888. The company specializes in engineering solutions for water supply, irrigation, power plants, and industrial pumping systems. Known for its robust execution in large infrastructure projects and strong order book visibility, KBL has delivered consistent profit growth over the past five years. This article provides a fact-based outlook on its share price target for each year from 2026 through 2030, based on verified financials and sector dynamics.


Kirloskar Brothers: Company Overview

  • Incorporated: 1888; publicly listed since 1954
  • Core Business Segments:
  • Large Infrastructure Projects: Water supply schemes, irrigation, hydro turbines
  • Pumps & Valves: For agriculture, industry, and buildings
  • Motors & Fluid Systems: Integrated solutions for critical sectors
  • Key Strengths:
  • Over 250 product categories and 100,000+ SKUs
  • Serves 2,500+ customers across 12+ industries
  • Strong presence in government tenders and EPC contracts
  • Ownership: Promoter-controlled with 65.95% stake, held by the Kirloskar family

Kirloskar Brothers: Key Financial Snapshot

MetricValue
Market Capitalization₹12,855.51 Cr
Current Share Price₹1,619 (as of Feb 2026)
P/E (TTM)51.07
P/B (TTM)7.31
Book Value (TTM)₹221.37
EPS (TTM)₹31.70
ROE16.83%
ROCE22.28%
Dividend Yield0.43%
Sales Growth (TTM)6.66%
Profit Growth (TTM)7.68%
Cash Reserves₹96.39 Cr
Debt₹9.41 Cr (virtually debt-free)
Face Value₹2

Kirloskar Brothers Share Price Target Forecast (2026–2030)

YearTarget Price Range (₹)
2026₹1,700 – ₹1,900
2027₹1,850 – ₹2,100
2028₹2,000 – ₹2,400
2029₹2,150 – ₹2,650
2030₹2,300 – ₹2,900

Targets assume steady execution of infrastructure orders, margin stability, and continued focus on water and irrigation projects under government schemes.


Kirloskar Brothers Share Price Target 2026

YearShare Price Target 1Share Price Target 2
2026₹1,700₹1,900
  • High P/E (51x) leaves limited room for error
  • Order book visibility (₹2,438 Cr as of Q3 FY26) supports revenue continuity
  • Risk: Modest top-line growth caps near-term re-rating

Kirloskar Brothers Share Price Target 2027

YearShare Price Target 1Share Price Target 2
2027₹1,850₹2,100
  • Expected benefit from PMKSY (irrigation) and Jal Jeevan Mission contracts
  • Potential inclusion in infrastructure-focused ETFs could boost liquidity
  • Dividend consistency (0.43% yield, ~22% payout) adds minor support

Kirloskar Brothers Share Price Target 2028

YearShare Price Target 1Share Price Target 2
2028₹2,000₹2,400
  • By 2028, the cumulative effect of EPC project deliveries should be reflected in cash flows
  • Valuation may stabilize if P/B moderates from the current 7.3x
  • Execution risk: Delays in government approvals or raw material inflation

Kirloskar Brothers Share Price Target 2029

YearShare Price Target 1Share Price Target 2
2029₹2,150₹2,650
  • Long-term tailwinds from India’s $1.3 trillion infrastructure push
  • Hydro turbine and smart water solutions offer new revenue streams
  • Debt-to-equity remains low—supports strategic capex

Kirloskar Brothers Share Price Target 2030

YearShare Price Target 1Share Price Target 2
2030₹2,300₹2,900
  • If KBL sustains 20%+ ROCE and expands export share, ₹2,800+ is achievable
  • However, targets beyond ₹3,000 require a breakthrough in international EPC—not currently visible
  • Legacy brand and PSU trust remain key differentiators

Kirloskar Brothers: Shareholding Pattern

CategoryHolding (%)
Promoters65.95%
Public (Retail)17.68%
Domestic Institutions (DII)10.32%
Foreign Institutions (FII)6.05%
Others0%

Promoter holding is stable with no pledging reported, indicating strong alignment with long-term value creation.


Kirloskar Brothers: Strengths vs Risks

Strengths

  • Virtually debt-free (only ₹9.4 Cr debt)
  • Strong ROCE (22.3%) in a capital-intensive sector
  • Order book visibility backed by government infrastructure spending
  • 138-year legacy with deep institutional trust

Risks

  • Modest sales growth (6.7% TTM)—limits valuation upside
  • High P/E (51x) is unjustified by the current growth rate
  • Low dividend yield (0.43%) offers no income cushion
  • Cyclical exposure to monsoon and govt budget cycles

Investment Suitability

FactorAssessment
Risk ProfileModerate
Time HorizonLong-term (5+ years)
VolatilityModerate
Dividend/IncomeVery low (0.43% yield)
Ideal InvestorInfrastructure-focused investor comfortable with slow but steady compounding

FAQs

A realistic range is ₹1,700 to ₹1,900, based on current order book and execution momentum.
Credible estimates suggest ₹2,300 to ₹2,900 by 2030, assuming sustained ROCE and infrastructure tailwinds.
Reliable forecasts beyond 2030 are not possible. Such long-term projections are speculative and not based on verifiable data.
The Kirloskar family controls the company through promoters holding 65.95% of shares.
Yes. It has a consistent dividend history with a current yield of 0.43% and a payout ratio of ~22%.
The stock corrected due to valuation concerns (P/E > 50), slow sales growth, and broader infrastructure sector consolidation in late 2025.
Nearly debt-free—it carries only ₹9.41 crore in debt, making its balance sheet very strong.

Final Verdict

Kirloskar Brothers is a high-quality infrastructure play with unmatched legacy and execution credibility. While its growth is modest, its capital efficiency and order book visibility justify a premium. Our 2026–2030 price targets (₹1,700–₹2,900) reflect steady compounding—not explosive upside. Best suited for investors with a 5-year horizon who believe in India’s water and irrigation story.

Disclaimer: This article is for educational purposes only. It is not investment advice. Please consult a SEBI-registered advisor before making any investment decision.


Sources

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