Kirloskar Pneumatic Company Limited (KIRLPNU)

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Kirloskar Pneumatic Company Limited (KIRLPNU) · mywealthgrid

About

Kirloskar Pneumatic manufactures compressors, pumps, and diesel engines for industrial use. Market cap of ₹9,910.55 Cr places it in mid-cap territory with zero debt and healthy 19.99% operating margins. Recent quarters show consistent profit generation and regular dividend payouts.

Face value: ₹1

Market cap

₹4,433 Cr

P/E

16.9×

P/B

3.5×

Dividend yield

2.7%

ROE

21.8%

ROCE

29.2%

Debt / equity

OPM

20%

EPS (TTM)

₹40.4

Book value

₹192.1

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation appears stretched at PE 37.7; verify against historical range and sector peer multiples
Operating margin compressed 11 percentage points from Mar 2026 (26.34%) to Jun 2026 (15.48%); clarify if seasonal or structural
March quarter dominates revenue (₹705.7 Cr vs ₹300–406.9 Cr in other quarters); verify if this seasonality creates earnings visibility risk
Industrial products are cyclical; assess exposure to capex downturns and supply chain vulnerability

Generated analysis · source review pending

Growth drivers

Zero debt (D/E = 0) removes financing constraints on capital deployment for growth
Net profit of ₹144 Cr in Mar 2026 demonstrates cash generation capacity; verify if this quarterly run-rate is sustainable
Consistent dividend payouts across 2025–2026 indicate strong cash conversion; track whether reinvestment accelerates
ROE of 21.84% indicates capital efficiency; verify whether margins can sustain this return as company scales

Generated analysis · source review pending

1,975 historical price candles were omitted because the exchange source has not been verified.

₹682.0-0.4%1Y

Quick read

rule-based

Pros

+Strong return on equity of 20.6% (3-yr avg)
+High return on capital employed of 27.1%
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 321×
+Dividend yield of 2.7%
+Dividend payout of 45.7% of profit

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

74/100

Business quality: 80
Growth: 71
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MICROCAP 250 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Cummins India LimitedCUMMINSINDCUMMINSIND	₹1,34,719 Cr	₹1,34,719 Cr	₹12,662 Cr	₹2,588 Cr	21.4%	₹2,367 Cr	19.5%	34.7%	29.5%	60
Kirloskar Oil Engines LimitedKIRLOSENGKIRLOSENG	₹32,609 Cr	₹37,923 Cr	₹7,937 Cr	₹1,389 Cr	18.4%	₹535 Cr	7.3%	18.8%	16.8%	28
Elgi Equipments LimitedELGIEQUIPELGIEQUIP	₹18,528 Cr	₹18,932 Cr	₹4,146 Cr	₹613 Cr	14.7%	₹448 Cr	10.9%	28.4%	21%	114
Kirloskar Brothers LimitedKIRLOSBROSKIRLOSBROS	₹14,035 Cr	₹14,222 Cr	₹4,664 Cr	₹548 Cr	12%	₹373 Cr	8.3%	20.8%	16.4%	68
Ksb LimitedKSBKSB	₹14,032 Cr	₹14,032 Cr	₹2,726 Cr	₹347 Cr	13.9%	₹246 Cr	10%	22.6%	17.1%	204
Ingersoll Rand (India) LimitedINGERRANDINGERRAND	₹13,142 Cr	₹13,142 Cr	₹1,450 Cr	₹348 Cr	23.9%	₹266 Cr	18.4%	56.9%	41.8%	179
Shakti Pumps (India) LimitedSHAKTIPUMPSHAKTIPUMP	₹5,604 Cr	₹6,090 Cr	₹2,934 Cr	₹361 Cr	15.6%	₹212 Cr	9.6%	27.2%	18%	134
Greaves Cotton LimitedGREAVESCOTGREAVESCOT	₹5,265 Cr	₹5,591 Cr	₹3,665 Cr	₹239 Cr	7%	₹100 Cr	1%	9.9%	7.6%	-6
Kirloskar Pneumatic Company LimitedKIRLPNUKIRLPNU	₹4,433 Cr	₹4,435 Cr	₹1,808 Cr	₹370 Cr	20%	₹263 Cr	14.2%	29.2%	21.8%	90
Swaraj Engines LimitedSWARAJENGSWARAJENG	₹4,287 Cr	₹4,287 Cr	₹2,111 Cr	₹282 Cr	13.6%	₹202 Cr	9.8%	57.6%	43.2%	-3
Oswal Pumps LimitedOSWALPUMPSOSWALPUMPS	₹3,012 Cr	₹3,250 Cr	₹2,024 Cr	₹447 Cr	24.9%	₹336 Cr	18.2%	46.3%	35.1%	218
Yuken India LimitedYUKENYUKEN	₹1,552 Cr	₹1,656 Cr	₹492 Cr	₹53 Cr	10.9%	₹16 Cr	3.1%	8.7%	4.3%	170

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	1,640	1,640	1,787
COGS	816	865	894
Gross profit	824	775	892
	—	483	535
	—	292	357
OPM %	—	17.8%	20%
Depreciation	29	29	32
Interest	0	0	1
	26	18	14
Profit before tax	—	281	338
Tax	—	70	84
Tax %	—	24.8%	24.7%
	211	211	254
PAT margin %	12.9%	12.9%	14.2%
EPS (₹)	32.6	32.6	39.5
EPS adjusted (₹)	—	16.3	19.7
	20%	30.7%	30.4%
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2025	Mar 2026
Equity capital	13	13
Reserves	1,083	1,236
Minority interest	13	11
	10	3
	529	495
Total equity & liabilities	1,647	1,757
	315	360
CWIP	20	5
Investments	445	463
	868	930
Total assets	1,647	1,757

₹ Cr	Mar 2025	Mar 2026
	215	233
	-155	-111
	-46	-71
Net cash flow	14	51
Free cash flow	137	166
CFO / Operating profit %	73.6%	65.2%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 9%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 20%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 20%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
COMPRESSION SYSTEMS	1,671.3	407.1	858.8	430.7	428.1	95.09
OTHER NON REPORTABLE SEGMENTS	115.5	0

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	50.3%	47.3%	49.9%
EBITDA margin %	—	17.8%	20%
EBIT margin %	—	16%	18.2%
PAT margin %	12.9%	12.9%	14.2%
Working capital
Receivable days	—	107	107
Inventory days	—	91	89
Payable days	—	91	106
NWC days	—	107	90
Leverage
Current ratio	—	2.19	2.65
Debt to EBITDA	—	0.03	0.01
Debt to equity	—	0.01	0
Interest coverage	-19.7	814.4	321
Asset turnover	—	1	1.02
Return ratios
Return on assets %	—	12.8%	14.5%
Return on capital employed %	—	25%	29.2%
Return on equity %	—	19.3%	20.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	38.98%	38.93%	38.92%	38.9%	38.89%	38.87%	38.85%	38.84%	38.84%	38.82%	38.81%	38.81%
	1.14%	1.28%	1.7%	3.93%	5.52%	8.02%	7.74%	7.12%	6.81%	6.73%	9.56%	10.4%
	31.75%	32.3%	32.15%	31.52%	31.87%	28.91%	29.13%	28.2%	28.23%	28.24%	26.53%	25.98%
	0%	0%	0%	0%	0%	0%	0%	0%	0.07%	0.06%	0.03%	0%
	28.13%	27.49%	27.23%	25.65%	23.72%	24.2%	24.28%	25.84%	26.05%	26.15%	25.07%	24.81%
No. of shareholders	—	—	—	—	—	—	—	—	70,990	65,430	61,484	64,033

Promoter holding down 0.17 percentage points since Sep 2023.

21 deals · 27 Oct 2021 – 24 Apr 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
24 Apr 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	3,31,284	₹1,281.32	₹42.45 Cr
24 Apr 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	3,31,284	₹1,281.64	₹42.46 Cr
25 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	4,08,916	₹867.96	₹35.49 Cr
25 Apr 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	4,08,916	₹867.43	₹35.47 Cr
10 Aug 2022	JYOTSNA GAUTAM KULKARNI	Bulk	BSE	Sell	46,62,637	₹463.05	₹215.90 Cr
10 Aug 2022	NIHAL GAUTAM KULKARNI	Bulk	BSE	Sell	23,31,319	₹463.66	₹108.09 Cr
10 Aug 2022	AMBAR GAUTAM KULKARNI	Bulk	BSE	Sell	23,31,319	₹463.38	₹108.03 Cr
10 Aug 2022	L&T MUTUAL FUND	Bulk	BSE	Buy	10,79,000	₹463.05	₹49.96 Cr
10 Aug 2022	FRANKLIN TEMPLETON MUTUAL FUND	Bulk	BSE	Buy	9,37,544	₹463.55	₹43.46 Cr
10 Aug 2022	ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	Bulk	BSE	Buy	8,65,000	₹463.05	₹40.05 Cr

1–10 of 21

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Mr. RAHUL CHANDRAKANT KIRLOSKARExecutive Director-Chairperson related to Promoter
Mr. AMAN RAHUL KIRLOSKARExecutive Director-MD
Mr. ATUL C KIRLOSKARNon-Executive - Non Independent Director
Mr. AJAY DUANon-Executive - Independent Director
Mr. TEJAS DESHPANDENon-Executive - Independent Director
Mr. PRAVIR KUMAR VOHRANon-Executive - Independent Director
Mr. BIMAL MANU TANNANon-Executive - Independent Director
Ms. VARSHA VASANT PURANDARENon-Executive - Independent Director
Mr. RANGANATH N KRISHNANon-Executive - Independent Director
Mr. Ramesh BirajdarVice President & Chief Financial Officer
Mr. Jitendra R ShahCompany Secretary & Compliance Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 9 fund houses

Held by these funds

33%

of the company's equity

All mutual funds

24.98%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

16 schemes · 9 fund houses

		Shares
SMALL CAP FUNDNEW	Tata Mutual Fund	84 L	600.26	4.58%	12.923%	—
SMALL CAP FUND	Nippon India Mutual Fund	82.19 L	587.32	0.71%	12.644%	+41.09 L
Franklin India Small Cap Fund (Formerly known as Franklin India Smaller Companies Fund) ^NEW	Franklin Templeton Mutual Fund	12.52 L	89.48	0.61%	1.926%	—
India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms Fund)	DSP Mutual Fund	8.36 L	59.73	0.92%	1.286%	+4.18 L
ELSS - TAX SAVER FUNDNEW	Tata Mutual Fund	6.86 L	49.02	1.03%	1.055%	—
RETIREMENT SAVINGS FUND-MODERATE PLANNEW	Tata Mutual Fund	6.1 L	43.58	1.94%	0.938%	—
RETIREMENT SAVINGS FUND-PROGRESSIVE PLANNEW	Tata Mutual Fund	5.5 L	39.29	1.74%	0.846%	—
MULTICAP FUNDNEW	Tata Mutual Fund	4.19 L	29.92	0.84%	0.644%	—

1–8 of 16

1 / 2

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Upgradation of long term rating5 May 2026

Investor Presentation and earnings call

Apr 2026Transcript AI Summary PPTREC
Jan 2026Transcript AI SummaryPPTREC

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

27

Final dividend3 Jul 2026 · ex-date₹8.5
Interim dividend30 Jan 2026 · ex-date₹3.5
Final dividend15 Jul 2025 · ex-date₹6.5
Interim dividend7 Feb 2025 · ex-date₹3.5
Final dividend12 Jul 2024 · ex-date₹4
Interim dividend6 Feb 2024 · ex-date₹2.5
Final dividend12 Jul 2023 · ex-date₹3
Interim dividend7 Feb 2023 · ex-date₹2.5
Final dividend11 Jul 2022 · ex-date₹2.4
Interim dividend8 Feb 2022 · ex-date₹1.6
Final dividend9 Jul 2021 · ex-date₹3.5
Interim dividend16 Mar 2020 · ex-date₹1.7
Interim dividend3 Feb 2020 · ex-date₹1
Final dividend11 Jul 2019 · ex-date₹1.5
Interim dividend1 Feb 2019 · ex-date₹1
Dividend dividend16 Jul 2018 · ex-date₹12
Dividend dividend19 Jul 2017 · ex-date₹10
Interim dividend21 Mar 2016 · ex-date₹7
Dividend dividend21 Jul 2015 · ex-date₹5
Dividend dividend14 Jul 2014 · ex-date₹10
Dividend dividend12 Jul 2013 · ex-date₹12
Dividend dividend6 Jul 2012 · ex-date₹12
Dividend dividend16 Jun 2011 · ex-date₹12
Dividend dividend16 Jul 2010 · ex-date₹12
Dividend dividend7 Jul 2009 · ex-date₹10
Final dividend8 Jul 2008 · ex-date₹7
Final dividend6 Jul 2007 · ex-date₹2.5

1

Board meeting to consider results21 Jul 2026

2

Face value ₹2 → ₹118 Aug 2026 · ex-date
Face value ₹10 → ₹226 Sept 2018 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

31 announcementsExport CSV

30 Sept 2026, 6:56 pmCompany Update

Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

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Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	50.3%	47.3%	49.9%
EBITDA margin %	—	17.8%	20%
EBIT margin %	—	16%	18.2%
PAT margin %	12.9%	12.9%	14.2%
Working capital
Receivable days	—	107	107
Inventory days	—	91	89
Payable days	—	91	106
NWC days	—	107	90
Leverage
Current ratio	—	2.19	2.65
Debt to EBITDA	—	0.03	0.01
Debt to equity	—	0.01	0
Interest coverage	-19.7	814.4	321
Asset turnover	—	1	1.02
Return ratios
Return on assets %	—	12.8%	14.5%
Return on capital employed %	—	25%	29.2%
Return on equity %	—	19.3%	20.4%

Date	Category	Subject	Filing
30 Sept 2026, 6:56 pm	Company Update General	Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015	PDF
28 Sept 2026, 10:36 pm	Company Update Allotment of ESOP / ESPS	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS	PDF
28 Sept 2026, 3:14 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
16 Sept 2026, 3:10 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
16 Sept 2026, 3:07 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
11 Sept 2026, 4:35 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
9 Sept 2026, 4:49 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
8 Sept 2026, 5:03 pm	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

Kirloskar Pneumatic Company Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends27

Board meetings1

Stock splits2

Announcements

Dividends27

Board meetings1

Stock splits2

Ratio timeline

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

COMPRESSION SYSTEMS · revenue

27

1

2

27

1

2