UK service margin pressure from high energy costs
High UK power prices (>₹30/unit) are reducing service work from energy-intensive industries, compressing margins at SP UK.
KIRLOSBROS / Q4-FY26 / risks
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Kirloskar Brothers · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Jal Jeevan Mission execution delays
Delays in fund releases at the state level continue to impact dispatches under JJM, though it is only 4-5% of revenue.
Geopolitical and supply chain disruptions
Wars and gas shortages could disrupt raw material availability and increase costs, though management believes it can pass on price increases.