Kirloskar Pneumatic Company Ltd (KPCL) (BSE: 505283, NSE: KIRLPNU), a leading player in the Air, Refrigeration, and Gas Compression business in India, has announced its financial results for the third quarter of FY25, reporting a 10% increase in revenue compared to Q3 FY24. The company achieved revenue from operations of ₹340 crore during the quarter, compared to ₹309 crore in the same period last year.
Profit before tax (PBT) stood at ₹48 crore, marginally up from ₹47 crore in Q3 FY24, maintaining a strong margin of 13.9% of sales. In line with its dividend policy, the Board of Directors declared an interim dividend of ₹3.50 per equity share (175% of the face value), compared to ₹2.50 per share (125%) in FY24.
The company achieved a revenue of ₹340 crore in Q3 FY25, reflecting a 10% increase from ₹309 crore in the same period last year. Total income for the quarter rose to ₹346 crore, up from ₹312 crore in Q3 FY24. While EBITDA margin stood at 16% of total income, slightly lower than 18% in the prior year’s quarter, the Profit After Tax (PAT) improved to ₹36 crore, compared to ₹35 crore in Q3 FY24. Basic EPS also showed growth, rising to ₹5.55 per share from ₹5.40 per share in the corresponding quarter of the previous fiscal year.
The company reported a significant 27% increase in its order book, reaching ₹1,879 crore as of January 1, 2025, compared to ₹1,475 crore at the start of the fiscal year. For the first nine months of FY25, revenue from operations grew by 26% year-on-year to ₹1,046 crore, while total income also rose by 26% to ₹1,063 crore. EBITDA for the nine-month period reached ₹198 crore, representing an 18.6% margin, up from ₹124 crore (14.7% margin) in 9M FY24.
Pre-tax profit (PBT) for the nine months surged by 81% year-on-year to ₹176 crore, with PAT showing a 79% increase to ₹130 crore. Basic EPS for 9M FY25 rose significantly to ₹20.12 per share, compared to ₹11.30 per share in the same period of FY24. These robust financial results underscore the company’s strong performance and growth trajectory during the fiscal year.
KPCL completed the acquisition of a 55.26% stake in Systems & Components India Private Limited, a major player in refrigeration solutions for the pharmaceutical, chemical, and dairy industries. Integration efforts are underway to enhance competitiveness.
The company’s newly launched products—Tezcatlipoca, Calana, Aria, and Jarilo—have gained strong market acceptance. Additionally, KPCL entered an exclusive sales partnership with Universal MEP Projects & Engineering Services Limited (a Voltas Ltd. subsidiary) to supply compressors for the textile industry.
As part of the Kirloskar Group’s initiatives, KPCL has relocated its corporate office to the One Avante building on Karve Road, Pune. KPCL remains focused on strengthening its position in the compression segment, which continues to contribute 94% of its revenue. With a strong order pipeline and ongoing integration of its recent acquisition, the company is well-positioned for sustained growth.
