KIRLOSKAR ELECTRIC - REPEAT

Kirloskar Electric company is the first company makes electric motors in India.

Started before independence, company’s portfolio includes more than 70 products

 related with power.It has 9 manufacturing units across India with a wide network

of sales and service team.Company’s products finding applications mainly in sectors

like Steel,Fertilizer, cement plants, Refineries ,Power generation and transmission,

Railway ..etc.Products List of Kirloskar Electric includes various types of A C Motors,

Transformers,Switchgear,D C Motors,D G Sets …etc.Most of the products are finding

applications in core sector industries and the demand for the same is reviving now.

Last year Company integrated its business and bring three companies – Kirloskar

Electric Company ,Kaytee Swithgear ltd and Kirloskar Power equipments 

ltd under single fold.Company also  acquired Germany based

‘Lloyd Dynamowerke’ which makes electrical machines and drive systems for

industrial applications.

                                                                 Because of the lack of policies to generate

more power and higher coal prices ,in coming years chances are very higher for

severe shortage of power.In such a circumstances KSCL's DG set business is

expected to perform well. After few bad quarters KECL back into black in September

with a sale of Rs.232 Cr and a net profit of Rs.5.6 Cr .

At current market price of Rs.34/- there is not much risk in it.