Kirloskar Pneumatic Company Limited has announced its audited financial results for the year ended March 31, 2026. The company reported a robust annual revenue of Rs. 17,592 million and a net profit of Rs. 2,584 million. Key highlights include a recommended final dividend of 425% (Rs. 8.50 per share), the acquisition of a wholly owned subsidiary, a sub-division of equity shares, and the elevation of senior management personnel to drive growth.
Strong Annual Financial Performance
For the financial year ended March 31, 2026, the company achieved a standalone revenue from operations of Rs. 17,592 million, compared to Rs. 16,286 million in the previous year. The standalone net profit for the period stood at Rs. 2,584 million, reflecting strong operational efficiency. The Board has recommended a final dividend of 425%, equivalent to Rs. 8.50 per equity share, subject to approval at the upcoming Annual General Meeting on July 21, 2026.
Consolidation and Subsidiary Acquisition
The company has approved the acquisition of the remaining 44.74% equity stake in Systems and Components (India) Private Limited. With a consideration of Rs. 12.55 crore, this move will make the entity a wholly owned subsidiary. This strategic acquisition is intended to integrate the industrial refrigeration operations of the target company fully into the company’s existing business framework.
Capital Restructuring and Share Split
To improve market liquidity and accessibility for small investors, the Board has approved the sub-division of its equity shares. Each existing equity share with a face value of Rs. 2 will be split into two equity shares with a face value of Re. 1 each. This corporate action is expected to be completed within 6 months.
Leadership and Governance Updates
The company announced significant leadership changes, including the re-appointment of Mr. Rahul Kirloskar as the Whole Time Director designated as Executive Chairman for a five-year term starting January 23, 2027. Additionally, Mr. Ranganath Nuggehalli Krishna has been appointed as an Independent Director, effective April 28, 2026. The company also elevated three key officers—Mr. Nitin Pai, Mr. Ganesh Chaudhari, and Mr. Samit Gujarathi—to the senior management team to strengthen operational oversight.
Source: BSE
