Kirloskar Electric Company: rating update from CRISIL
Kirloskar Electric Company (KECL) said CRISIL has upgraded its credit rating, covering facilities or instruments of about ₹116 crore. The company is valued at about ₹726 crore.
What happened
In a filing with the BSE on 22 October 2026 at 04:33 PM, Kirloskar Electric Company (KECL) said that CRISIL has upgraded its credit rating, covering facilities or instruments of about ₹116 crore.
Company snapshot
Kirloskar Electric Company is a micro-cap company, with a market value of about ₹726 crore.
The stock last traded at ₹109.3, against a 52-week range of ₹75.47–₹155 (29.5% below the high).
Before this filing the shares had moved −6.3% over the month and −12.7% over three months. Average daily turnover over the last 20 sessions was about ₹1.84 crore.
Promoters held 49.74% at the end of Q1 FY27; 75.33% of promoter shares were pledged. Foreign institutions owned 4.06% and domestic institutions 1.24%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 132 | 0.4 | 0.06 |
| Q2 FY26 | 142 | 10 | 1.5 |
| Q3 FY26 | 151 | 4.1 | 0.62 |
| Q4 FY26 | 164 | -0.6 | -0.09 |
| Q1 FY27 | 104 | -6 | -0.9 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,319 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.