Kirloskar Electric

What Kirloskar Electric does

Kirloskar Electric Company Ltd. is a Bengaluru-headquartered, publicly listed Indian electrical equipment manufacturer founded in 1946 by Laxmanrao K. Kirloskar and Ravi L. Kirloskar. The company designs, manufactures, and supplies a broad portfolio across eight product groups and 70+ products, spanning power and distribution transformers, high-voltage and low-voltage AC motors (Megapack, Spectrum, Ravi Series), DC motors (Aise Series mill-duty, laminated/solid yoke), AC generators (5–650 KVA), CPCB IV+ compliant DG sets, switchgear (vacuum and SF6 circuit breakers, packaged substations), power electronics (AC/DC drives, UPS, battery chargers), and railway traction motors/alternators for Indian Railways.

The company operates five manufacturing plants (Bengaluru, Hubli, Mysore, Pune) and reaches customers through 14 pan-India branch offices, an authorized dealer network of 70+ distributors, and international offices in Malaysia, Singapore, UAE, and USA. Revenue is generated predominantly through direct and dealer-channel hardware sales to industrial and infrastructure customers in power generation, railways, steel, sugar, cement, oil & gas, refineries, nuclear, agriculture, and defense. Pricing is quote-based rather than published. FY2026 sales were Rs 589.34 crore with Rs 8.38 crore in net profit, and the company holds first-in-India certifications (ISO 9001, CE Mark, BASEEFA for hazardous-area motors) and Export House status from the Indian Ministry of Commerce.

Strategic positioning rests on legacy certifications, an entrenched distribution footprint, and long-cycle reference customers (NTPC, Indian Railways, HEC, BASF, GRSE, Angola National Electricity Company). The business is family-controlled and is undergoing a generational leadership transition with Janaki Kirloskar appointed CEO in February 2026 alongside a sales and marketing reorganization under Joint Managing Director Alok Gupta.

Name

Kirloskar Electric

Legal name

Kirloskar Electric Company Ltd.

Website

https://kirloskarelectric.com

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Kirloskar Electric is a Bengaluru-based, publicly listed Indian OEM founded in 1946 that manufactures transformers, AC/DC motors, generators, DG sets, switchgear, and railway traction equipment, serving power utilities, Indian Railways, steel, sugar, cement, oil & gas, nuclear, and defense customers across India and 14+ export markets.

Ownership category

akta.pro rank

Product category

Electrical Equipment Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Motor and Generator Manufacturing (335312), Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (33531)

SIC

Power, Distribution & Specialty Transformers (3612), Motors & Generators (3621), Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

akta.pro secondary industries

Transmission & Distribution Line Equipment (Bushings, Insulators, Arresters, Conductors, Hardware) (IMAGAAAF), Grid-Scale Power Conversion & Interconnection (PCS, Grid-Tie Inverters, Converter Stations) (IMAGAAAI), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA), Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)

Keywords

• Electrical equipment manufacturing
• Industrial motors generators
• Power transformers switchgear
• Diesel generator sets
• Railway traction motors

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices22 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electrical Equipment Sales: Manufacturing and sale of electrical equipment including motors, generators, transformers, switchgear, and DG sets. Revenue generated from direct sales to industrial customers and through dealer network.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Kirloskar Electric manufactures and sells a diverse portfolio of electrical equipment across eight product groups including AC motors (high voltage and low voltage), DC motors, AC generators, diesel generator (DG) sets, transformers (cast resin, distribution, power, and special), switchgear, electronic drives, UPS systems, and traction equipment for railways. The company serves core industrial sectors such as power generation, transmission and distribution, transportation, sugar, steel, cement, agriculture, oil and gas, refineries, and nuclear applications, with installed base exceeding 3 million motors and 15,000+ MVA of transformer capacity.

Product overview

Kirloskar Electric Company offers a diverse portfolio of electrical equipment across eight primary product groups with over 70 solutions. The core products include Transformers (Cast Resin, Distribution, Power, and Special Transformers), AC Motors (High Voltage and Low Voltage ranges including Megapack, Spectrum, Ravi Series, and specialized industrial motors), DC Motors (Laminated Yoke, Aise Series Mill Duty, and Solid Yoke), AC Generators (ranging from 5 to 650 KVA including Denki Series and Brushless variants), DG Sets (CPCB IV+ compliant from 10 to 500 KVA), Switchgear (Vacuum Circuit Breakers, SF6 Circuit Breakers, Unitised Packaged Substations, and Panels), Electronics (AC Drives, DC Drives, Battery Chargers, and UPS systems), and Traction products (DC and AC Traction Motors, Dynamic Braking Resistors, and Traction Alternators). The company also provides Projects & Systems including completed projects and machine-based systems. This integrated product portfolio serves critical infrastructure sectors including power generation, transmission and distribution, transportation (including Indian Railways), renewable energy, sugar, steel, cement, agriculture, oil & gas, refineries, and nuclear applications.

Differentiator

Problem solved

Functional benefit

Brands

• Megapack: High voltage closed type cage and wound motors
• Spectrum
• Ravi Series
• Denki Series
• Aise Series
• CPCB Series
• Freedom Series
• Republic Series
• Independence Series
• BLISS Range

Products and services

• Cast Resin Transformers

Quantifiable outcome

• 124.06% surge in net profit for FY March 2026
• +3 more outcomes

Named customers18 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• West Asia Company (MoU)majorChannel Partner/ Reseller/ Distributor · 1 January 2016MoU signed during ELECRAMA 2016 for selling motors, transformers, switchgears, alternators, DG sets and substation equipment in West Asia region.
• Jakson and CompanycoreChannel Partner/ Reseller/ DistributorAppointed as Exclusive Distributor for Distribution Transformers in Northern Region of India, demonstrating strong channel partnership for T&D products.
• Siemens AGminorOthersCompetitor in vacuum circuit breaker and power transformer markets.
• Bharat Heavy ElectricalsminorOthersRegional competitor in cast resin transformer market in India.
• Angola National Electricity CompanymajorStrategic or Co-development PartnerSupplied 10 power transformers up to 150kV class, 45 MVA for Angola grid stabilization project - significant international infrastructure partnership.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ABB India: Indian arm of ABB offering motors, drives, transformers, switchgear, and grid solutions. Larger global incumbent competing across Kirloskar's portfolio with stronger digital and renewable-grid capabilities.
• Havells India: Large Indian electrical and consumer electricals company with industrial motors, switchgear, and cables. Adjacent competitor in industrial-grade switchgear and motors with stronger consumer brand and retail distribution.
• Siemens India: Indian subsidiary of Siemens AG offering motors, drives, switchgear, transformers, and digital industries solutions. Competes with Kirloskar in motors and switchgear but operates a much broader portfolio including factory automation and digital infrastructure.
• Hitachi Energy India: India operations of Hitachi Energy (formerly ABB Power Grids) focused on transformers, grid integration, and high-voltage equipment. Directly competes in power and distribution transformers up to 150kV class served by Kirloskar.
• Schneider Electric India: Global energy management and automation major with strong India presence in switchgear, transformers, and motor control. Competes in distribution panels and industrial switchgear while also providing software-defined energy management.

Direct peers

• Bharat Heavy Electricals Limited (BHEL): India's largest state-owned heavy electrical equipment manufacturer, producing transformers, motors, switchgear, and traction equipment for the same power, railway, and industrial customers Kirloskar serves. Directly competes for NTPC, Indian Railways, and utility tenders.
• Voltamp Transformers: Indian power and distribution transformer manufacturer serving industrial and utility customers across voltage classes. Directly competes with Kirloskar's transformer business in commercial and industrial bids.
• Bharat Bijlee: Indian manufacturer of power and distribution transformers, motors, and engineering projects with similar customer focus on utilities, infrastructure, and industrial verticals. Comparable mid-cap peer in transformers and motor segments.
• CG Power and Industrial Solutions: Indian electrical equipment manufacturer with overlapping portfolios in motors, transformers, and switchgear serving industrial and power-sector customers. Closest like-for-like competitor in scale and product mix to Kirloskar Electric.

Emerging players

• Bonfiglioli India: Indian arm of Italian Bonfiglioli producing industrial gear motors, drives, and power transmission solutions. Competes in selected industrial motor and drive niches where Kirloskar also serves manufacturing and process customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kirloskar Electric