Kirloskar Pneumatic Company Ltd
Kirloskar Pneumatic Company Ltd, incorporated in 1958, is part of the Pune-based Kirloskar group. The Co. is engaged in the business of Compression & Transmission segments. It also undertakes O&M services for Compression Packages and has also entered logistic services by operating RoadRailer trains for end to end transportation of goods. It serves a variety of sectors like Oil & Gas, Steel, Cement, Food & Beverages, Railways, Marine and other industries. [1] [2]
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company has delivered good profit growth of 33.8% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 27.9%
Weaknesses
- −Stock is trading at 7.81 times its book value
- −Working capital days have increased from 91.3 days to 138 days
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 38.9% | 38.89%▼0.0 | 38.87%▼0.0 | 38.85%▼0.0 | 38.84%▼0.0 | 38.84% | 38.82%▼0.0 | 38.81%▼0.0 |
| FIIs | 3.93% | 5.52%▲1.6 | 8.02%▲2.5 | 7.73%▼0.3 | 7.12%▼0.6 | 6.81%▼0.3 | 6.73%▼0.1 | 9.56%▲2.8 |
| DIIs | 31.52% | 31.88%▲0.4 | 28.91%▼3.0 | 29.13%▲0.2 | 28.2%▼0.9 | 28.24%▲0.0 | 28.24% | 26.53%▼1.7 |
| Public | 25.59% | 23.67%▼1.9 | 24.14%▲0.5 | 24.21%▲0.1 | 25.79%▲1.6 | 26.05%▲0.3 | 26.15%▲0.1 | 25.08%▼1.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 309 | 490 | 275 | 431 | 340 | 583 | 272 | 378 | 404 | 706 |
| Expenses | 256 | 398 | 236 | 337 | 292 | 473 | 236 | 320 | 323 | 520 |
| Operating Profit | 53 | 92 | 39 | 94 | 48 | 110 | 36 | 58 | 81 | 186 |
| OPM % | 17% | 19% | 14% | 22% | 14% | 19% | 13% | 15% | 20% | 26% |
| Net Profit | 35 | 60 | 27 | 68 | 36 | 81 | 28 | 43 | 43 | 144 |
| EPS ₹ | 5.4 | 9.3 | 4.15 | 10.43 | 5.55 | 12.42 | 4.33 | 6.65 | 6.64 | 22.17 |
AI Insights
Mar 2026 revenue at ₹1,759Cr, up 8% YoY. OPM at 20%.
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
CWIP at ₹5Cr (1% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 26.53% (-4.34pp change). FIIs: 9.56% (+9.16pp change). Promoters hold 38.81%.
ROCE improving from 7% (Mar 2015) to 30% (Mar 2026). Working capital days: 138.
PE 36.7x with 30.4% ROCE. Price is 688% above book value of ₹193. Dividend yield: 0.65%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 12 May - May 12, 2026 1x1 virtual meeting with Nippon Mutual Fund cancelled.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 May - Scheduled investor meetings with Nippon Mutual Fund and Antique Stock Broking on May 12-13, 2026.
- Announcement under Regulation 30 (LODR)-Credit Rating 5 May - CRISIL upgraded long-term rating to AA Stable for ₹840 crore bank facilities on May 5, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse