Kirloskar Brothers Ltd (KBL) has given a big reward to its investors by announcing a 350 percent dividend for the financial year 2024-25.
The company made this announcement along with the release of its latest financial results. A key detail is that the company has also set a record date for this dividend.
Dividend Details and Record Date
As per the exchange filing made by the company on May 14, 2025, a dividend of ₹7 per share will be given. Since the face value of one share is ₹2, this amounts to a 350 percent dividend.
Only those shareholders whose names are in the company’s records by July 25, 2025, will be eligible to receive this dividend. This is the record date.
If this proposal is approved during the company’s Annual General Meeting (AGM), the dividend will be paid by August 30, 2025.
Strong Dividend Track Record
Kirloskar Brothers Limited has a consistent track record of paying dividends over the years. In 2021 and 2022, the company gave ₹3 per share as dividend. In 2023, it rose to ₹4.50 and increased to ₹6 in 2024. Now, in 2025, it stands at ₹7 per share.
Stock Price Performance
As of June 24, 2025, the stock of Kirloskar Brothers was trading at ₹1,860 on the BSE, down over 3 percent from the previous day. The highest price of the stock in the last 52 weeks was ₹2,684.70, and the lowest was ₹1,424.05.
Although the stock has declined 12 percent this year, it has shown impressive long-term growth. It rose 3 percent in the last 3 months, 221 percent over 2 years, 487 percent in 3 years, and 1408 percent in the last 5 years.
Quarterly Financial Performance
In the March 2025 quarter, the company reported net sales of ₹1,281.30 crore, up 4.7 percent from ₹1,223.80 crore in March 2024. However, the net profit dropped by 9.92 percent to ₹137.10 crore, compared to ₹152.20 crore last year.
About the Company
Kirloskar Brothers Limited is part of the Kirloskar Group and mainly manufactures pumps, compressors, and diesel engines. It is also included in the BSE 500 index, meaning it is one of the prominent companies in India.
If you are a long-term investor looking for dividend-paying and growing stocks, Kirloskar Brothers Limited might be worth considering. However, make sure to do proper research or consult a financial advisor before investing.
