Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company. SCN is INR 19.17 Crore, if materialized.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 0.3% of FY26 revenue
₹19.17 Cr stated in the filing against ₹5,646.83 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnEarlierFY25
We have an aspiration to reach $2 billion in revenue by FY 29-30.
NowFY25
The journey will require continued product innovation, deeper market penetration domestically and internationally, disciplined execution on our large order backlog in Nuclear and Defence, and the successful ramp-up of our Kagal expansion.
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationThe earlier statement expressed an aspiration to reach $2 billion in revenue by FY 29-30, while the current statement does not mention any specific revenue target. This indicates that the previously stated target is no longer being given.
Watch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- We have an aspiration to reach $2 billion in revenue by FY 29-30. (management committed by FY29-30)
- the revenue recognition will happen in this financial year. (management committed by FY27)
Evidence
- Kirloskar Oil Engines Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%