Kirloskar Pneumatic Company Ltd logo

Kirloskar Pneumatic Company Ltd

KIRLPNU NSE

Key Fundamentals

MicrocapCompressors Pumps & Diesel EnginesIndustrial Products
Market Cap
₹9,952 Cr
Volatility
Moderate
P/E Ratio
37.32
EBITDA
₹385 Cr
Return on Equity
20.19%
Debt to Equity
0
Book Value
₹192.24
EPS
₹22.88
52W High
₹1,098.5
52W Low
₹495

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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39 extracted metrics + investor summaries across FY15–FY27.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 33.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 30.8%

Weaknesses

1
  • Stock is trading at 7.97 times its book value

Growth Rate

Revenue Growth
9.15%
Net Income Growth
20.35%
Cash Flow Change
8.18%
ROE
5.98%
ROCE
7.00%
EBITDA Margin (Avg.)
12.22%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 47d ago
AI opinion · based on fundamentals
Risk high

Kirloskar Pneumatic is a high-quality, debt-free compounder with 23% ROE and 36% profit CAGR over 3 years, but the stock trades at a steep 50x PE and 10.18x book value, leaving limited margin of safety at the current market cap of Rs 12,818 crore.

Bull Case 8
  • Debt-free balance sheet provides financial resilience and flexibility for future capex or acquisitions
  • Exceptional profit CAGR of 36% over 3 years significantly outpaces sales growth, indicating strong operating leverage
  • ROE has expanded from 16% (10-year average) to 23% last year, showing improving capital efficiency
  • 5-year compounded sales growth of 16% demonstrates consistent demand for industrial pneumatic and air compression products
  • Unanimous analyst consensus with 100% buy ratings from all 3 covering analysts
  • Healthy dividend payout of 27.9% with 0.61% yield shows shareholder-friendly capital allocation despite being a growth company
  • Stock CAGR of 29% over 10 years reflects sustained long-term wealth creation track record
  • TTM profit growth of 26% remains robust even as base effects normalize from the high-growth period
Bear Case 8
  • PE ratio of 50x is extremely rich for an industrial company, pricing in near-perfect execution for years ahead
  • Price-to-book of 10.18x leaves no margin of safety and implies the market is paying a significant premium over asset value
  • Working capital days have deteriorated sharply from 91.3 to 138 days, signaling potential cash conversion cycle stress
  • TTM sales growth has decelerated to just 8% versus 16% five-year CAGR, indicating a possible demand slowdown
  • Only 3 analysts cover the stock, meaning limited institutional scrutiny and potential liquidity risk in a downturn
  • Dividend yield of 0.61% provides negligible downside cushion at current elevated valuations
  • 1-year stock CAGR of 34% has run well ahead of TTM sales growth of 8%, suggesting valuation has stretched beyond fundamentals
  • At Rs 12,818 crore market cap, the stock needs to sustain 30%+ profit growth for several years just to grow into its current multiple

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 42d ago
Positives 3
  • Record FY26 results, PBT up 25% Jun 29

    Total income reached ₹17,863.04 Mn in FY26 with PBT up 25% YoY to ₹3,422.33 Mn. Board approved highest-ever 600% dividend and a 1:2 stock split.

  • ₹8.50 final dividend declared Jun 18

    Board declared final dividend of Rs 8.50 per share for FY26 with record date fixed for July 3, 2026.

  • Indigenous centrifugal compressor launch Jul 1

    Launched Tezcatlipoca A800 on June 26, India's first indigenously designed centrifugal air compressor in the 600–980 CFM range with Class 0 oil-free air and 45% flow turndown.

Neutral 2
  • BRSR FY26 filed, 15% renewables Jun 29

    Filed BRSR for FY26 with reasonable assurance on core ESG indicators, reporting 15% renewable energy usage and zero fatalities.

  • 1x1 meetings with Oaklane Capital Jun 18

    Scheduled 1x1 meetings with Oaklane Capital on June 23, 2026. No unpublished price sensitive information to be shared.

TL;DR: Kirloskar Pneumatic delivered a strong FY26 with record revenue, 25% PBT growth, a generous 600% dividend, and a stock split signaling management confidence. The new indigenous centrifugal compressor opens a fresh addressable market in energy-efficient industrial air. No material headwinds are visible in recent news flow, and the trend is clearly improving with strong earnings momentum and product innovation.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
242
282
309
490
275
431
340
583
272
378
404
706
300
Expenses
216
250
256
398
236
337
292
473
236
320
323
520
254
Operating Profit
26
32
53
92
39
94
48
110
36
58
81
186
46
OPM %
11%
11%
17%
19%
14%
22%
14%
19%
13%
15%
20%
26%
15%
Other Income
6
4
4
-2
4
6
6
2
8
7
-12
10
8
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
9
9
9
8
8
8
6
7
7
8
8
8
9
PBT
24
27
47
81
36
92
48
105
37
57
60
188
46
Tax %
24%
25%
25%
25%
25%
27%
25%
23%
24%
24%
29%
23%
25%
Net Profit
18
20
35
60
27
68
36
81
28
43
43
144
34
EPS in Rs
1.39
1.56
2.7
4.65
2.08
5.21
2.78
6.21
2.16
3.33
3.32
11.09
2.63
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
441
509
514
600
710
829
823
1,021
1,239
1,323
1,629
1,759
1,788
Expenses
411
458
452
526
621
731
708
880
1,072
1,118
1,335
1,396
1,416
Operating Profit
29
51
62
75
90
98
115
141
168
205
294
363
371
OPM %
7%
10%
12%
12%
13%
12%
14%
14%
14%
15%
18%
21%
21%
Other Income
19
21
28
16
14
10
10
12
11
11
18
13
13
Interest
1
1
1
1
2
3
4
4
2
2
2
2
0
Depreciation
19
19
17
17
22
33
38
35
34
35
29
31
33
PBT
28
52
71
73
80
72
84
114
143
178
281
342
351
Tax %
21%
30%
25%
31%
31%
26%
24%
26%
24%
25%
25%
24%
Net Profit
23
36
54
50
55
53
64
85
109
133
211
258
264
EPS in Rs
1.76
2.83
4.19
3.89
4.3
4.17
4.97
6.59
8.4
10.29
16.26
19.89
20.37
Div. Payout %
28%
25%
24%
31%
29%
32%
35%
30%
33%
32%
31%
30%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
13
13
13
13
13
13
13
13
13
13
13
13
Reserves
283
309
413
449
481
482
576
646
782
912
1,083
1,238
Borrowings
0
0
0
1
1
28
40
1
1
1
1
0
Other Liabilities
200
181
170
273
254
252
296
365
333
460
517
487
Total Liabilities
496
503
596
736
748
775
924
1,025
1,130
1,385
1,613
1,738
Fixed Assets
97
82
79
75
122
207
175
229
223
232
291
336
CWIP
1
1
37
68
64
9
8
11
24
35
21
7
Investments
115
155
218
199
196
138
223
205
246
358
460
478
Other Assets
283
266
261
395
366
422
518
579
637
760
841
918
Total Assets
496
503
596
736
748
775
924
1,025
1,130
1,385
1,613
1,738
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
3
53
17
63
53
10
57
109
40
183
215
228
Investing
18
-30
-10
-15
-56
-6
-49
-46
-11
-136
-156
-114
Financing
-15
-18
-5
-14
-26
-6
10
-72
-28
-33
-45
-63
Net Cash Flow
6
4
2
33
-30
-2
18
-9
0
14
14
51
Free Cash Flow
15
51
3
19
-19
-44
54
20
-2
114
137
163
CFO/OP
12
103
58
115
84
33
63
96
44
109
96
85
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
147
109
93
127
94
83
137
107
97
103
107
108
Inventory Days
94
78
103
105
94
131
93
132
93
104
85
88
Days Payable
155
127
132
191
130
113
118
111
82
104
89
106
Cash Conversion Cycle
86
60
64
41
58
101
111
128
107
103
103
90
Working Capital Days
53
43
43
32
37
50
77
66
82
74
62
67
ROCE %
7%
16%
17%
16%
17%
15%
15%
18%
20%
22%
28%
30%

Shareholding Pattern

As of Jun 2026
Promoters 38.81%
DIIs 25.98%
Public 17.38%
FIIs 10.40%
Others 7.44%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
53.82%
53.75%
53.74%
53.71%
53.67%
53.63%
39.13%
39.10%
39.00%
38.99%
38.98%
38.93%
38.92%
38.90%
38.89%
38.87%
38.85%
38.84%
38.84%
38.82%
38.81%
38.81%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.14%
1.28%
1.70%
3.93%
5.52%
8.02%
7.74%
7.12%
6.81%
6.73%
9.56%
10.40%
DIIs
21.10%
20.69%
19.65%
18.77%
18.91%
18.84%
28.33%
28.66%
29.28%
30.86%
31.75%
32.30%
32.15%
31.52%
31.87%
28.91%
29.13%
28.20%
28.23%
28.24%
26.53%
25.98%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.02%
0.06%
0.06%
0.06%
0.07%
0.07%
0.07%
0.06%
0.03%
0.00%
Public
20.36%
20.56%
21.14%
21.75%
21.54%
21.52%
24.90%
24.55%
24.06%
21.96%
21.07%
20.62%
20.42%
18.94%
17.80%
18.17%
18.38%
19.39%
19.64%
19.56%
18.81%
17.38%
Others
4.73%
5.00%
5.47%
5.78%
5.88%
6.01%
7.64%
7.69%
7.65%
8.18%
7.06%
6.88%
6.79%
6.65%
5.87%
5.97%
5.83%
6.39%
6.41%
6.58%
6.26%
7.44%
No. of Shareholders
25,329
26,365
25,977
25,829
25,791
25,974
28,576
29,306
29,343
25,643
27,000
27,794
29,075
34,675
34,294
48,946
48,538
65,393
70,990
65,430
61,484
64,033

Documents

Frequently Asked Questions about Kirloskar Pneumatic Company Ltd

What does Kirloskar Pneumatic Company Ltd do?
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 trai...
Where is Kirloskar Pneumatic Company Ltd (KIRLPNU) listed?
Kirloskar Pneumatic Company Ltd is listed on the Indian stock exchanges. It is listed on NSE: KIRLPNU and BSE: 505283. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Kirloskar Pneumatic Company Ltd belong to?
Kirloskar Pneumatic Company Ltd operates in the Industrial Products sector within the Compressors Pumps & Diesel Engines industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Kirloskar Pneumatic Company Ltd?
Kirloskar Pneumatic Company Ltd has a market capitalisation of approximately ₹9951.59 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Kirloskar Pneumatic Company Ltd?
The Price-to-Earnings (PE) ratio of Kirloskar Pneumatic Company Ltd is 37.32. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Kirloskar Pneumatic Company Ltd?
Over the past 52 weeks, Kirloskar Pneumatic Company Ltd has traded between a low of ₹495 and a high of ₹1,098.5. This range helps investors understand the stock's price volatility and recent trading levels.
Does Kirloskar Pneumatic Company Ltd pay dividends?
Yes, Kirloskar Pneumatic Company Ltd has a dividend yield of 1.56%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Kirloskar Pneumatic Company Ltd?
Kirloskar Pneumatic Company Ltd has a Return on Equity (ROE) of 20.19%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Kirloskar Pneumatic Company Ltd on Tapetide?
On Tapetide, you can view Kirloskar Pneumatic Company Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Listed 2023-04-26
Face Value ₹ 1
Issued Size 6,49,39,590

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