Kirloskar Pneumatic Company Limited reported strong financial results for the year ended March 31, 2026. The board has recommended a final dividend of 425% (Rs. 8.50 per share), subject to shareholder approval. Key developments include the complete acquisition of Systems & Components (India) Private Limited to become a wholly-owned subsidiary, a planned stock sub-division to improve market liquidity, and senior leadership elevations to drive future performance.
Financial Performance for FY2026
The company demonstrated robust growth throughout the fiscal year. The audited standalone revenue for the year ended March 31, 2026, reached Rs. 17,592 million, compared to Rs. 16,286 million in the previous year. Profit after tax for the same period stood at Rs. 2,584 million, reflecting strong operational performance and effective cost management. The board has recommended a final dividend of 425%, amounting to Rs. 8.50 per equity share, payable after the Annual General Meeting scheduled for July 21, 2026.
Strategic Acquisition
The company has approved the acquisition of the remaining 44.74% equity stake in Systems & Components (India) Private Limited for a consideration of Rs. 12.55 crore. This move transitions the entity into a wholly-owned subsidiary, further consolidating the company’s position in the industrial refrigeration market and aligning with long-term growth objectives.
Stock Sub-division and Leadership Changes
To enhance the liquidity of its shares and improve accessibility for small investors, the board approved the sub-division of equity shares. Existing shares with a face value of Rs. 2 will be split into two equity shares with a face value of Re. 1 each.
Furthermore, the leadership team has been strengthened with key appointments and elevations: Mr. Rahul Kirloskar has been recommended for re-appointment as Executive Chairman for another five-year term. Additionally, Mr. Ranganath Nuggehalli Krishna joins as an Independent Director, while Mr. Nitin Pai, Mr. Ganesh Chaudhari, and Mr. Samit Gujarathi have been elevated to the Senior Management team to spearhead operational and human resource initiatives.
Source: BSE
