Capitaline

PBIT of B2B was up 75% to Rs 132.39 crore on a segment sales of rs 1105.64 crore, a growth of 35%. PBIT of B2C was up 15% to Rs 17.38 crore on a sales of Rs 309.50 crore, a growth of 4%. Sales of Financial Services segment has gone up 64.95% to Rs 128.23 crore (accounting for 8.31% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 14.23% to Rs 171.26 crore. PBIT of Financial Services segment fell 63.51% to Rs 21.49 crore (accounting for 12.55% of total PBIT).PBIT margin of Financial Services segment fell from 75.77% to 16.76%. Overall PBIT margin fell from 12.58% to 11.10%.

Management Comments :

Commenting on the Q1 FY 2024 results, Gauri Kir/oskar, Managing Director, KOEL, said "We commenced the year on a positive note at KOEL. We had a record high first quarter, with standalone revenue of Rs. 1,265 crores. EBITDA margin was at 12.1%. Across the spectrum of KOEL`s Powergen products, we have successfully secured CPCB IV+ emission norms certification, making us the first company in India to achieve comprehensive certification for our entire range. This quarter witnessed substantial advancements in our B2B product lineup, marked by noteworthy product introductions and range expansions. We are excited to enter the HHP range, with the introduction of our OptiPrime range designed with a strong focus on segments such as Data Centres and Infrastructure. OptiPrime is designed to address fluctuating power requirements of our customers by offering enhanced flexibility and lowering emissions. Meanwhile, on the B2C front (at a consolidated level) we continue to make improvements in profitability. This quarter we delivered a 15% growth in profit on a 4% growth in topline."

Others

Net cash position (net of debt) of INR 300 Cr

Promoters’ stake was 41.23% as of 30 June 2023 ,compared to 59.44% as of 30 June 2022 .

Kirloskar Oil Engines : Consolidated Results
	2306 (3)	2206 (3)	Var.(%)	2303 (12)	2203 (12)	Var. (%)
Sales	1543.37	1191.41	30	5023.80	4021.98	25
OPM (%)	16.7	14.3		14.4	9.9
OP	257.51	170.66	51	722.75	398.24	81
Other inc.	8.40	5.54	52	28.19	26.73	5
PBIDT	265.91	176.20	51	750.94	424.97	77
Interest	76.46	41.91	82	209.89	106.03	98
PBDT	189.45	134.29	41	541.05	318.94	70
Dep.	20.13	24.25	-17	93.39	87.38	7
PBT before EO	169.32	110.04	54	447.66	231.56	93
EO Exp	0.00	0.00		0.00	0.00
PBT after EO	169.32	110.04	54	447.66	231.56	93
Taxation	44.48	28.37	57	114.06	61.01	87
PAT	124.84	81.67	53	333.60	170.55	96
PPT	0.00	0.00		3.22	0.00
PAT after PPT	124.84	81.67	53	330.38	170.55	94
Share of Profit/(Loss) from Associates	0.69	0.39	77	1.27	0.32	297
Minority Interest	0.00	0.52		-0.75	-3.65
Net profit	125.53	81.54	54	332.40	174.52	90
EPS (Rs)*	#	#		23.1	11.6
* EPS is on current equity of Rs 28.95 crore, Face value of Rs 2, Excluding extraordinary items.
# EPS is not annualised due to seasonality of business
Figures in Rs crore
Source: Capitaline Corporate Database

KOEL: Consolidated Segment Results
Particulars	% to total	2306 (3)	2206 (3)	Var. (%)	% to total	2303 (12)	2203 (12)	Var.(%)
Sales
B2B	72	1105.64	816.47	35	71	3582.14	2818.01	27
B2C	20	309.50	297.20	4	21	1070.87	1002.49	7
Financial Services	8	128.23	77.74	65	7	370.79	201.48	84
Un allocated	0			####	0	0.00	0.00	###
Total	100	1543.37	1191.41	30	100	5023.80	4021.98	25
Less Inter segment revenue				####				###
Net sales		1543.37	1191.41	30		5023.80	4021.98	25
PBIT
B2B	77	132.39	75.84	75	73	336.49	203.89	65
B2C	10	17.38	15.17	15	6	29.09	-7.68	-479
Financial Services	12	21.49	20.58	4	18	82.27	40.82	102
Un allocated	1	1.63	2.43	-33	3	14.81	9.14	62
Total	100	172.89	114.02	52	100	462.66	246.17	88
Less: Interest (net)		2.88	3.59	-20		13.73	14.29	-4
Less: Others Un-allocable Exp/Income (net)				####				###
Add: EO
PBT		170.01	110.43	54		448.93	231.88	94
Note: Figures in Rs crore
Source: Capitaline 2000