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Kirloskar Brothers

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Kirloskar Brothers Limited
Company typePublic
IndustryPumps
Founded1888
HeadquartersPune, Maharashtra, India
Area served
Worldwide
Key people
Sanjay Kirloskar (Chairman & MD)
Products
Revenue$700 Million USD
Number of employees
~6000
Websitewww.kirloskarpumps.com

Kirloskar Brothers Limited (BSE: 500241 NSE: KIRLOSBROS) is a pump manufacturing company involved in engineering and manufacture of systems for fluid management.[1] Established in 1888 in Kirloskarvadi and incorporated in 1920, Kirloskar Brothers Limited is the flagship company of the $2.5 billion Kirloskar Group.[2][3] Kirloskar Brothers Limited provides fluid management solutions for large infrastructure projects in the areas of water supply, power plants, irrigation, oil & gas and marine & defence.[4] The company engineers and manufactures industrial & petrochemical, agriculture & domestic pumps,[5] valves and hydro turbines.

History

The foundations of Kirloskar Brothers Limited, the flagship company of the Kirloskar Group, were established in 1888 by Laxmanrao Kirloskar and his partner Ramuanna.[6] At the end of the 19th century, Laxmanrao worked with his brother, Ramuanna Kirloskar, to buy bicycles in Bombay and sell them in Belgaum, supplementing their income with bicycle lessons. Laxmanrao continued to build his business through partnering with a windmill agency, Samson Windmills, to sell windmills, making steel furniture for the local veterinary hospital, and electroplating a temple in Aundh. The Aundh electroplating job led to Laxmanrao being tasked with a major project: constructing an assembly hall adjoining the temple. This project fell through, however, in the context of financial uncertainty when the Aundh political leadership changed.[6] The Kirloskar Brothers went on to create their first successful product, fodder-cutters, whose production grew swiftly, leading to the next product: iron ploughs for the agricultural economy. The 6 iron ploughs they initially manufactured went unsold for nearly two years before a Belgaum farmer (colloquially termed as Mr. Joshi) tested them out and asked the Kirloskar Brothers to fix their plough tips. After improving their ploughs, the Kirloskar Brothers saw great success with their iron plough sales.[6]

A sudden Belgaum Municipality notice forced the Kirloskar Brothers Limited to close down their Belgaum factory. Luckily, Balasaheb Pant Pratinidhi, the same individual who gave Laxmanrao the Aundhi temple assembly hall contract many years earlier, helped the brothers set up a factory in Aundh. In 1910, Laxman and Ramuanna moved to this barren area of 32 acres. The area had no roads, power-lines, and drainage. This factory-village is known as Kirloskarvadi.[7] Here, the Kirloskar Brothers moved into various other products that helped farmers. After suffering a shortage of materials during World War I, they introduced new products to the market in the 1920s. They introduced the "Kibro", a small drilling machine, "Kisan" sugar-cane crusher, and new ploughs. In addition to new farmer products, they started to develop other more general machinery to help government and corporations.[6]

In November 1926 at the Industrial Exhibition held in Poona, KBL showcased the first diesel engine and centrifugal pump in India. The make of the engines were of such high quality, that a British officer asked whether they had been imported.[6]

After receiving his bachelor's in mechanical engineering and returning from the United States in 1927, Laxmanrao's son, Shantanu Kirloskar, started to take a more active role in Kirloskar Brothers Limited.[6] He redesigned the "Kisan" into the "Kamal" sugar-crusher achieving 77% juice extraction, higher than anyone else at the Industrial Exhibition in Kolhapur. During the Great Depression in India, Shantanu focused on developmental work creating water pumps for the Uttar Pradesh government, and a small sugar centrifuge for farmers. Around the 1940s, they started a new venture in Mysore, and established Kirloskar Mysore. This was the first new incorporation after Kirloskar Brothers Limited, and was the precedent for the expansion that would occur under Shantanu.

Research and development

Kirloskar Brothers Limited carries out research in sump model studies, intake studies analysis using computational fluid dynamic techniques,[8][9] surge analysis, cavitation studies, seismic analysis, vibration analysis, and transient analysis.[10][11] The company has 17 patents since 2006.[12]

Major Projects

A 2020 stamp sheet of India dedicated to the 100th anniversary of Kirloskar Brothers. It features the founder Laxmanrao Kirloskar and the first office of the company, located at Kirloskarwadi
  • KBL created the world's largest irrigation project at the time (March 2007). This was the Narmada Project implemented on behalf of the Gujarat Government.[13]
  • Kirloskar Brothers has been closely associated with India's nuclear program and has made canned motor pumps for pumping heavy water which are deployed at Indian Nuclear Power Plants.[14][15][16]
  • Kirloskar Brothers Ltd received the ASME N-STAMP in 2012 and is the first Indian company in rotating equipment to receive this as well as amongst a few companies in the world to have this accreditation[17]
  • Kirloskar Brothers Ltd is also one of the first pump companies to have an all women operated and managed manufacturing plant at Coimbatore, which is the second largest metropolitan city of state Tamil Nadu in India [18][19]
  • Kirloskar Brothers Ltd aided the Thai govt in the rescue operation in saving the football team that were trapped in the water filled cave of July month of 2018.[20]

Acquisitions

  • In 2003 Kirloskar Brothers Ltd acquired SPP Pumps (UK),[21] United Kingdom and established SPP INC, Atlanta, USA, as a wholly owned subsidiary of SPP, UK and expanded its international presence.
  • In 2007, Kirloskar Brothers International B.V., The Netherlands and Kirloskar Brothers (Thailand) Ltd, a wholly owned subsidiary in Thailand were incorporated.
  • In 2008, Kirloskar Brothers Ltd incorporated Kirloskar Pompen B.V. which acquired Rodelta Pumps International B.V. in 2015 in The Netherlands.
  • In 2010 Kirloskar Brothers Ltd acquired Braybar Pumps, South Africa[22] and in 2012 it established a manufacturing facility in Egypt as SPP MENA. KBL has joint venture cooperation with Ebara, Japan since 1988 under Kirloskar Ebara Pumps Ltd.
  • Kirloskar is in licensee agreement with Corrocoat, UK since 2006 called Kirloskar corrocoat Pvt.Ltd.
  • Kirloskar Brothers Ltd acquired The Kolhapur Steel Limited in 2007, Hematic Motors in 2010.

References

  1. ^ "KRBR.BO - | Stock Price & Latest News | Reuters". www.reuters.com. Retrieved 14 April 2023.
  2. ^ Indian Industrialists. Books.google.com. Retrieved on 2020-01-31.
  3. ^ Margaret Herdeck; Gita Piramal (1985). India's Industrialists. Lynne Rienner Publishers. pp. 141–. ISBN 978-0-89410-415-2.
  4. ^ Kripalani, Manjeet (2 July 2008). "Stalled Reforms: India's Economy Hits the Wall". Der Spiegel. ISSN 2195-1349. Retrieved 14 April 2023.
  5. ^ Burke, Jason; Alluri, Aparna (27 November 2012). "Boris Johnson continues to charm and confuse on visit to India". The Guardian. ISSN 0261-3077. Retrieved 14 April 2023.
  6. ^ a b c d e f Kirloskar, Shantanu L. (1982). Cactus & roses: an autobiography. C.G. Phadke. OCLC 566225549.
  7. ^ Athale, Gouri Agtey (11 March 2010). "Kirloskarvadi: Birthplace of engine revolution turns 100". The Economic Times. ISSN 0013-0389. Retrieved 2 May 2023.
  8. ^ Kirloskar Brothers Utilize PTC's Pro/Engineer(R). Reuters. 11 August 2008
  9. ^ PTC's Pro/Engineer Used Indian Irrigation Project. Terradaily.com. August 13, 2008.
  10. ^ A thirst for knowledge: Alok Kirloskar. Livemint.com. 7 March 2013.
  11. ^ "Kirloskar Brothers Limited R&D website listing patents and research papers". Archived from the original on 20 December 2011. Retrieved 17 June 2012.
  12. ^ Kirloskar Brothers Presents research Paper at Texas A&M University; lecture 4. turbolab.tamu.edu
  13. ^ Kirloskar Brothers Limited awarded for creating World largest Irrigation scheme, The Sardar Sarovar Narmada Scheme[dead link]. The Economics Times. 21 March 2008
  14. ^ Eco-friendly canned motor pumps. projectsmonitor.com Archived 2012-09-07 at archive.today
  15. ^ Kirloskar pumps in nuclear and overall company details 2006. (PDF) . Retrieved on 2020-01-31.
  16. ^ Kirloskar pumps for nuclear plants. (PDF) . Retrieved on 2020-01-31.
  17. ^ Kirloskar Brothers. Financial Analysts Meet Archived 10 July 2014 at the Wayback Machine. kirloskarpumps.com (2012)
  18. ^ Kirloskar Brothers changing gender dynamics. The Economics Times. 3 January 2012
  19. ^ Kirloskar Brothers Ltd produces a pump every 20 seconds at it all women plant. The Economics Times (2013-04-06). Retrieved on 2020-01-31.
  20. ^ PTI (11 July 2018). "Thai cave rescue and the Indian connection". The Hindu. ISSN 0971-751X. Retrieved 14 April 2023.
  21. ^ "Home". spppumps.com.
  22. ^ "Kirloskar Bros buys Braybar Pumps of S Africa". India Times. 3 May 2010. Retrieved 18 June 2012.
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