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Kilburn Engineering announced on March 24, 2026, that it has secured new orders totaling ₹54.58 crore. The company secured significant contracts for Rotary Dryers, valued at ₹19.85 crore, and Paddle Dryers and Coolers, worth ₹15.00 crore.
Additional orders include VFBDs and Band Dryers for ₹9.12 crore, and Tea Dryers for ₹2.65 crore. The company also received ₹7.96 crore for services and spares. Kilburn Engineering confirmed these new orders are part of its regular business activities.
These diversified wins reflect strong, sustained demand for Kilburn's specialized process equipment across various industries. The influx of orders is expected to bolster the company's order book and enhance its revenue visibility in the near term. This reinforces Kilburn's market position in its niche segments.
The company has a history of consistent order wins. In November 2025, it secured orders totaling ₹88 crore, including a ₹37.32 crore project for the Heavy Water Board. Recent orders in January 2026 added ₹58 crore and ₹58.22 crore, with significant deals for rotary dryers used in the carbon black industry. Kilburn Engineering also strategically acquired ME Energy Private Ltd in February 2024 to expand its waste heat recovery systems offerings.
In comparison to larger industrial equipment peers like Bharat Heavy Electricals Limited (BHEL), Larsen & Toubro, and Thermax Limited, Kilburn's order wins are smaller in absolute value but significant relative to its specialized market. For instance, BHEL recently secured orders ranging from ₹13,000–15,000 crore, while L&T's orders are typically ₹1,000–2,500 crore, and Thermax reported quarterly bookings of ₹3,080 crore.
As of December 31, 2025, Kilburn Engineering's order backlog stood at approximately ₹495 crore. The company also reported additional wins or letters of intent totaling ₹70 crore by the same date. Kilburn maintains a healthy inquiry pipeline of about ₹4,000 crore across different segments, indicating potential for future growth. Management has provided guidance for fiscal year 2026 estimated revenue of ₹625–650 crore, with a target of 25% compound annual growth rate for fiscal years 2027–2028, which appears achievable with this steady inflow.
Key aspects for investors to monitor include the execution timeline for these new orders, future order inflows to sustain momentum, and progress toward achieving revenue and growth targets. The contribution of its acquired subsidiary, ME Energy, will also be important to track.