×

Transformation

INTEGRATED ANNUAL REPORT 2022-23

Key Highlights

AT THE FOREFRONT OF ATMANIRBHAR BHARAT. A PROUD PROPONENT OF MAKE IN INDIA

UPHOLDING THE SPIRIT OF KIRLOSKAR GROUP

ABOUT KIRLOSKAR GROUP

Focussed on progress of economic self-sufficiency and industrial growth

OUR VALUE SYSTEM

Purpose

Enriching lives. Transcending boundaries.

Vision

Enriching lives across communities through innovative and sustainable engineering solutions

Mission

To lead the industry through reliable, intelligent hydraulic machines and systems providing superior value and ensuring customer delight

Values

Teamwork with mutual trust and empathy

Commitment towards the environment

Integrity and accountability

Speed and accuracy

Progressive and proactive

Process centric

OUR DIVERSIFIED PRODUCT PORTFOLIO

250+

Product Offerings

100,000+

SKUs

12+

Catering to diversified application

CHAIRMAN’S MESSAGE

In my earlier communications with you, I have remarked on the ever-changing and dynamic nature of this world. In such an evolving world, our lives must be like water that constantly pursues its course and changes the environment it encounters. Life at KBL is no different, as we prepare to transform in all senses of the term.

Sanjay C. Kirloskar
Chairman and Managing Director Kirloskar Brothers Limited

DIRECTOR’S MESSAGE

We are delighted to update you on the exciting developments in our growing international business. With our strong expertise in technology, we have successfully established a global presence and consistently gained market share across various regions.

Alok Kirloskar
Non-Executive and Non-Independent Director Kirloskar Brothers Limited

JOINT MANAGING DIRECTOR’S MESSAGE

I am thrilled to present to you the 103rd Annual Report of our esteemed company for the fiscal year 2022-23. Your unwavering support and steadfast belief in our Company’s mission has been instrumental in our continued success. Together, we have embarked on a remarkable journey of transformation and growth through innovation and technology, to create a lasting impact and to make India self-reliant in fluid management.

Rama Kirloskar
Joint Managing Director Kirloskar Brothers Limited

CHAIRMAN’S MESSAGE

In my earlier communications with you, I have remarked on the ever-changing and dynamic nature of this world. In such an evolving world, our lives must be like water that constantly pursues its course and changes the environment it encounters. Life at KBL is no different, as we prepare to transform in all senses of the term.

Sanjay C. Kirloskar
Chairman and Managing Director Kirloskar Brothers Limited

JOINT MANAGING DIRECTOR’S MESSAGE

I am thrilled to present to you the 103rd Annual Report of our esteemed company for the fiscal year 2022-23. Your unwavering support and steadfast belief in our Company’s mission has been instrumental in our continued success. Together, we have embarked on a remarkable journey of transformation and growth through innovation and technology, to create a lasting impact and to make India self-reliant in fluid management.

Rama Kirloskar
Joint Managing Director Kirloskar Brothers Limited

DIRECTOR’S MESSAGE

We are delighted to update you on the exciting developments in our growing international business. With our strong expertise in technology, we have successfully established a global presence and consistently gained market share across various regions.

Alok Kirloskar
Non-Executive and Non-Independent Director Kirloskar Brothers Limited

Boiler Feedwater Pumps for Nuclear Plant in India

First Indigenously designed and manufactured boiler feed water pump supplied to Rajasthan Atomic Power Station (RAPP), nuclear power plant in Rajasthan, India

Babina Canal Lift Irrigation Project, Uttar Pradesh

Four vertical turbine pumps equipped with advanced PLC and SCADA systems, with unique and innovative IoT solution KirloSmartTM for remote monitoring and real-time performance analysis.

Cloud-based Firepump. AI solution, Thailand

Installed at Thai Ministry of Public Health, the cloud-based Firepump. AI system is the world’s most advanced IoT fire pump solution delivering unprecedented levels of safety, security and reliability.

Split Case Pump for Drinking Water Supply, Israel

Our LLCTM series, horizontal split case pumps are installed at Mekorot Israel National Water Company, for drinking water application, due to their high efficiency and lowest life cycle cost design

Our Capitals

Integrated Reporting

Our Value Creation Model

External Operating Environment

Key Strategic Priorities

Our De-Risked Business Model

Engaging with Our Stakeholders

Assessing Material Issues by Mapping Key ESG Risks