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Kirloskar Electric Company

Company Profile Analysis

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Kirloskar Electric Company - Energy & Power showcase

Industry

Energy & Power

Services

DG SetsDiesel GeneratorAmerica Transformers Market
K

Kirloskar Electric Company Employee Contacts

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Kirloskar Electric Company Overview

Kirloskar Electric Company, a subsidiary of the Kirloskar Group, is one of the leading electrical products manufacturing company that offers more than 70 products, globally. The company offers its products and solutions to industries such as cement, steel, agriculture, oil & gas, power, and nuclear industries. The company provides a number of products for various applications such as AC generators, AC motors, DC motors, DG sets, switchgear, traction, and transformers to its clientele. The company offers its products through its three product segments, which are rotating machines group, power generation and distribution group, and others. It offers diesel gensets under its power generation and distribution group segment. The company also offers diesel gensets through its sister company Kirloskar Oil Engines Limited (KOEL).

Kirloskar Electric Company has nine manufacturing centers and 34 sales offices with a global presence in countries such as Malaysia, Sharjah, Singapore, South Africa, Japan, South Korea, Indonesia, the Philippines, Thailand, Vietnam, and Bangladesh. The company also has an extensive network of spare parts dealers and service centers, which enables it to offer premium products and services at competitive prices. KELBUZZ Trading Private Limited, Kirloskar Malaysia Sdn Bhd, Kirsons Trading Pte Ltd, and Lloyd Beteiligungs-GmbH are some of the subsidiaries of the company.

Strategy

Kirloskar Electric Co. Ltd. has a strategic focus on innovation, quality, and customer-centricity. The company aims to be a leader in the electrical engineering industry by continuously developing and delivering technologically advanced and sustainable solutions. It prioritizes customer satisfaction through timely and reliable products and services. Kirloskar Electric emphasizes research and development to stay ahead of market trends and provide customized solutions for diverse industries. The company also focuses on expanding its global footprint through strategic partnerships, collaborations, and an efficient distribution network. Overall, Kirloskar Electric strives to be a trusted and preferred choice for electrical solutions, driven by its strategic vision and commitment to excellence.

Company Snapshot

$33.74M

Revenue

SWOT Analysis

Strengths

  • Significant industry experience
  • Operational resilience strategy
  • Wide geographical presence
  • Complementary business segments

Weaknesses

  • High dependence on Brazil markets
  • Investment in research and development is below the fastest growing players in the industry

Opportunities

  • Leveraging digital technologies
  • Harnessing reconfiguration of the global supply chains
  • Using analytics as competitive advantage

Threats

  • Changing consumer buying behavior from online channel
  • Stagnating economy with rate increase
  • Backlash against dominant players

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Product Offering

  • Kirloskar Electric Company
    • DG Sets
    • Diesel Generator
    • America Transformers Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 33.7 Mn in 2020 to USD 58.8 Mn in 2022.
Kirloskar Electric Company — By Business Segment
Series (USD Mn)202020212022
Sales33.753.158.8

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