Kirloskar Pneumatic Company Limited has reported strong financial results for the fiscal year 2025-26. The board has recommended a final dividend of 425% (₹8.50 per share), subject to shareholder approval. Additionally, the company announced the acquisition of the remaining 44.74% stake in its subsidiary, Systems and Components (India) Private Limited, for ₹12.55 crore. The board also approved a sub-division of equity shares from a face value of ₹2 to ₹1 to improve market liquidity.
Strong Financial Performance
The company delivered robust performance for the year ended March 31, 2026. Standalone revenue reached ₹17,592 million, while the profit after tax stood at ₹2,584 million. Consolidated revenue for the same period was ₹17,868 million, with the consolidated profit for the year amounting to ₹2,543 million, reflecting the company’s strong operational growth in the compression systems sector.
Strategic Subsidiary Acquisition
To streamline operations, the company will acquire the remaining 44.74% equity stake in Systems and Components (India) Private Limited. This transaction, valued at ₹12.55 crore, will transform the entity into a wholly-owned subsidiary. The acquisition is expected to be completed within thirty days and aligns with the company’s focus on its core refrigeration business.
Shareholder Value and Stock Split
The Board of Directors has recommended a final dividend of 425%, translating to ₹8.50 per equity share, payable after the Annual General Meeting scheduled for July 21, 2026. Furthermore, to enhance retail participation and stock liquidity, the board approved a sub-division of equity shares. Existing shares with a face value of ₹2 will be split into two shares with a face value of ₹1 each. This initiative is expected to conclude within six months, subject to regulatory and shareholder approvals.
Leadership and Management Appointments
The company announced key leadership changes to strengthen its management team. Mr. Rahul Kirloskar has been recommended for re-appointment as Whole Time Director and Executive Chairman for a five-year term starting January 2027. Additionally, Mr. Ranganath Nuggehalli Krishna will join the board as an Independent Director effective April 28, 2026. The company also elevated Mr. Nitin Pai, Mr. Ganesh Chaudhari, and Mr. Samit Gujarathi to the Senior Management team.
Source: BSE
