Our Strategy Roadmap
Charting the Roadmap to Sustainable Growth
Our strategic priorities reinforce our ability to create and sustain enduring value for all. Each of our business units operates with well-defined strategies aligned to the organisation’s overall goals. We aim to navigate a rapidly evolving business landscape and strengthen our future-readiness.
Our strategy is focused on strengthening our portfolio, expanding geographic reach and enhancing market share. With continued investments in smarter and innovative solutions, we strive to set new benchmarks in product development, efficiency, reliability and sustainability.
Strategic priorities and enablers
S1
Widening Market Reach
Performance measures
- Leveraging global presence and focus on high growth segments
- Developing new products with simultaneous thrust on enhancing existing products
- Expanding channel partner network
Progress in FY 2025-26
- Sustained leadership position in the growing market segments
- On the exports front, both bookings and sales exceeded the annual targets
- Launched various new products for Domestic, Agriculture, Industry, O&G, Water and M&D sectors
- O&G sector secured orders to supply ~ 17,000 nos. newly developed PetroTurbo series pumps for retail fuel outlets
- Power sector bagged orders to supply concrete volute pumps (value added product) for circulating water packages across six thermal power projects in India
- Marine & Defence sector secured order for designing, manufacturing and supplying engineered pumps for ballast application
- Sales of new and focused products in the Small Pumps Business contributed 49% by quantity and 22% by value
Key risks
- Financial performance risk affecting margins
- Delay in commercialisation of new technologies/products
- Geopolitical risk
Capitals Impacted
S2
Improving Operational Efficiency
Performance measures
- Increasing overall revenue through introduction of new products, value-added offerings and by providing aftermarket sales and service
- Optimising margins with competitive and value-based pricing and product upselling
- Improving cost and processes, optimising workflow and eliminating inefficiencies and optimising generation of green energy
- Continuous financial analysis, cost control and working capital management
Progress in FY 2025-26
- 357 variants of new products including energy-efficient models developed (502 star rated products)
- 35% electricity consumption served by renewable energy (solar and wind)
- Advanced technologies such as Industrial IoT, AI, SCADA, MES, RPA and supply-chain automation are embedded to enable real-time monitoring, predictive maintenance, improved quality and enhanced operational efficiency
- Digital route card implemented in KOV plant to offer real-time tracking, improved accuracy and for reducing manual errors compared to conventional route cards
Key risks
- Talent management
- Financial performance risk affecting margins
- Cyber and information security risk
- Delay in commercialisation of new technologies/products
Capitals Impacted
S3
Digital Transformation
Performance measures
- Implementing advanced engineering software and Augmented Reality for product research and development
- Increasing operational efficiency and employee productivity with intelligent automation of software
- Manufacturing innovative solutions
Progress in FY 2025-26
- Launched “Trivim” software for 3D GA and automatic base frame drawing generator for End suction, Multistage and Split case type pumps
- Continued investments in smart factories, energy management systems and intelligent warehousing are strengthening asset reliability, optimising resource utilisation, improving sustainability and unlocking data-driven service opportunities
- Progressively integrated digital tools and systems to enhance production planning, improve machine performance monitoring and optimise resource utilisation
- Launched mobile app for Geo-tagging pump installations to accurately capture location data for enhancing after-market revenue through spares and service offerings
- AI-enabled data leakage prevention system implemented to protect IP data - Engineering drawings and technical specifications
- Multiple AI projects gone live in Quality, Service, Human Resource, Cybersecurity. Introduced skid-mounted Smart Firefighting System with IoT-based remote monitoring solution, an advanced system designed for ease of installation and real-time insights
- Launched KirloSmart™ Nano – Next-Gen IoT-based solution for automated packages pumping system
Key risks
- Talent management
- Financial performance risk affecting margins
- Cyber and information security risk
- Rise in procurement cost
Capitals Impacted
S4
Environment Protection
Performance measures
- Developing energy-efficient and lowest lifecycle cost products
- Conserving biodiversity in plants
- Acquiring Environmental Management System (ISO 14001:2015) and Energy Management System (ISO 50001:2018) for all manufacturing plants
- Monitoring and measurement of energy, water, waste, emissions and biodiversity across plants
Progress in FY 2025-26
- Received CII GreenPro Type-I Ecolabel for Verticle Inline Pumps (KW-SC, KW-LC), Hydropneumatic Pressure Boosting System - HYPN, Single Phase Monobloc Pump-KDS, Openwell Submersible Pump - KOSi
- The Renewable Energy share in operations increased from 15% in 2024-25 to 35% in FY 2025-26
- Strengthened resource conservation practices with rainwater harvesting, water recycling, reusable metal pallets to minimise packaging waste and systematic leak detection across air, oil and water systems
- MEI-certified products (DBXe, KW SC, KPD End Suction Process Pumps, 4” submersible pumps, KDI EE5 Monobloc Pumps) helping industries reduce energy consumption and operating costs
- Our KOSi 135 pump received the ‘Appliance of the Year’ award at the NECA 2025 event organised by Bureau of Energy Efficiency (BEE)
- Golden Peacock Award” in Sustainability and Environment Management category from Institute of Directors, India
- 18th State Energy Conservation Award under the “Automobile & Engineering” category, awarded by the Maharashtra Energy Development Agency (MEDA)
Key risks
- Financial performance risk affecting margins
- Rise in procurement cost
- Geopolitical risk
- Environmental risk
Capitals Impacted
S5
Talent Management and Competency Development
Performance measures
- Employee engagement
- Diversity and inclusion
- Skill upgradation
- Leadership development
Progress in FY 2025-26
- EES of 72%, placing us in high performance company
- Engagement index 3.97%
- Workforce capability strengthened through multiskilling initiatives, enabling operators to handle multiple machine platforms effectively
- Achieved an average of 5 training man-days per employee
- Various programs conducted centrally for employee health and well-being throughout the year
- Employee recognition reach: 450+
Key risks
- Financial performance risk affecting margins
- Talent management - recruitment and retention
Capitals Impacted
S6
Improving Plant Productivity
Performance measures
- Deploying TPQM as foundation for lean transformation
- Eliminating inefficiencies in manufacturing processes
- Integrating autonomous maintenance to improve equipment reliability
Progress in FY 2025-26
- SMPD – CIF, KOV received the TPM Excellence Award from JIPM, reinforcing our commitment to a Zero Breakdown, Zero Accident, Zero Defect and Zero Loss culture
- Strengthened equipment reliability and operational stability through TPM practices, preventive maintenance and breakdown reduction, while enhancing energy efficiency via targeted conservation initiatives
- Improved productivity by revalidating CNC programs, optimising cutting parameters, reducing setup time through SMED and enhancing machining efficiency with process optimisation and reduced speed losses
- Furnace in Cast Iron foundry at KOV plant is upgraded with IGBT technology – enabling faster melting, reduced cycle time and energy consumption
- Kaniyur plant expansion completed for enhanced production, improve operational efficiency and support advanced manufacturing processes
- Advanced multi-axis machining systems have been deployed to enhance precision and efficiency in critical component manufacturing
- Assembly setup at Dewas plant for CW pump series converted to semi-automated line to enhance the production capacity
- Paperless picking system implemented in Megastore at KOV plant (improved productivity, higher picking accuracy, better traceability and reduction in operational cost)
- Advanced quality and process reliability through design and process improvements, implementation of SPC tools (X and R charts) and upgraded testing systems to minimise defects and ensure consistent product performance
Key risks
- Financial performance risk affecting margins
- Talent management
- Delay in commercialisation of new technologies
Capitals Impacted
S7
Supply Chain Management
Performance measures
- Enabling continuous supply chain assessment
- Monitoring quality, cost and delivery of procurement categories
- Automation and digitalisation of related processes
- Vendor Engagement programmes
- Implementing ESG initiatives in supply chain
Progress in FY 2025-26
- Procurement cost savings of 3.5% achieved in FY 2025-26
- Introduced vendor portal for supplier management. Vendor re-onboarding of 2,500+ vendors completed in vendor portal with document and technical evaluation
- Strengthened supplier ecosystem through Quarterly Business Reviews, technical assistance for quality improvement, digital portal training and supplier financing support, while driving cost optimisation (VAVE), capacity and capability enhancement, delivery performance, sustainability, regulatory/ESG compliance and overall reduction in total cost of ownership
- 90.4% suppliers covered for ESG assessment
- Enhanced delivery performance and reduced lead times through improved stock visibility, optimised inventory planning and robust multi-level inspection processes to effectively address and resolve punch points
- Reduced dependency on single source vendors
- Supplier Quality Score showed positive trend
Key risks
- Rise in procurement cost
- Financial performance risk affecting margins
- Cyber and information security risk
- Geopolitical risk
Capitals Impacted
