Kirloskar Pneumatic Reports Strong FY26 Performance

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Aman Kirloskar, Managing Director, Kirloskar Pneumatic Company

Kirloskar Pneumatic Company Limited (KPCL), a leading player in India’s air, refrigeration and gas compression sector, has announced its audited financial results for FY26, reporting strong growth across revenue, profitability and order inflows. The company said FY26 marked another year of solid progress, supported by sustained demand, operational efficiency and continued momentum across its compression business. Compression solutions remained the core business segment, contributing 93.4% of total revenue during the year.

Commenting on the results, Aman Kirloskar, Managing Director, KPCL, said the company has delivered another strong year of performance while building on the progress achieved in recent years. He added that despite global uncertainties, the company remains confident of maintaining its growth trajectory in the coming financial year.

KPCL’s order book stood at approximately Rs 1,863 crore as of April 1, 2026, reflecting a 15% increase over Rs 1,624 crore recorded at the beginning of the previous year. The company also achieved its highest-ever annual order inflow, crossing Rs 2,000 crore during FY26.

The Board of Directors has proposed a total dividend payout of 600% for FY26, the highest in the company’s history. This includes a final dividend of 425%, equivalent to Rs 8.50 per share, subject to shareholder approval, in addition to an interim dividend of 175%, or Rs 3.50 per share, already declared during the year.

The board has also approved the subdivision of equity shares with a face value of Rs 2 each into shares of Re 1 each, subject to shareholder approval. During FY26, KPCL strengthened its innovation pipeline by filing 57 intellectual property applications, taking the cumulative total to 128 as of March 31, 2026.

For the fourth quarter ended March 31, 2026, revenue from operations rose to Rs 706 crore, compared with Rs 583 crore in the corresponding quarter last year, reflecting year-on-year growth of 21%. Total income for the quarter stood at Rs 718 crore against Rs 597 crore in Q4 FY25.

EBITDA for Q4 FY26 increased to Rs 192 crore, with margin expanding to 27.9%, compared with Rs 115 crore and margin of 19.3% in the same period last year. Profit before tax rose 69% to Rs 183 crore from Rs 108 crore, while profit after tax climbed 80% to Rs 144 crore from Rs 80 crore.

Basic earnings per share for the quarter improved to Rs 22.13, compared with Rs 12.35 in Q4 FY25. With a robust order pipeline, expanding profitability and continued investment in innovation, KPCL said it remains well positioned to capture growth opportunities in domestic and international markets.

Established in 1958, KPCL has developed a diversified portfolio that includes compressors, vapour absorption chillers, and industrial gear systems. Its presence spans industries such as steel, cement, food processing, pharmaceuticals, and defense. The company has also built strong collaborations with global technology partners to deliver advanced engineering solutions.