Kirloskar Pneumatic Company Limited (KIRLPNU)
Micro CapIndustrials stocks · Micro cap · NSE
Kirloskar Pneumatic manufactures air conditioning & refrigeration equipment, air compressors, process gas systems, and precision engineering products. It operates manufacturing facilities in Pune and Nashik, supported by a PAN India dealer network and an international sales office in Dubai.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is supportive, price trend argues for patience, and recent execution is consistent.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 30 Jun 2026
Good · 70/100Rev +7% YoY · PAT +32% YoY · margin expansion · operating leverage
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹303 Cr | +7.5% | -57.4% |
| EBITDA | ₹46 Cr | +39.4% | -75.3% |
| Operating margin | 15.0% | +300 bps | -1100 bps |
| PAT | ₹33 Cr | +32.0% | -77.1% |
| PAT margin | 10.9% | +202 bps | -933 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
Q1 FY27 sees robust performance with Total Income up 10% YoY, EBITDA up 23% YoY, and PBT up 24% YoY, alongside a stable order book of Rs. 1,853 Cr.
The company delivered strong Q1 FY27 results, demonstrating double-digit growth across key financial metrics. A stable order book, new product launches, and a credit rating upgrade suggest positive operational momentum and strategic execution.
New Centrifugal Compressor Launch
Launched "A800" Tezcatlipoca Centrifugal Compressor with capacity range 600-980 CFM.
New Bio-gas Package Launch
Launched "Tonalli" Compact Bio-gas package.
Integrated Food Waste Management System
New launch with two variants (100 Kg/day, 250 Kg/day) targeting factories, hotels & restaurants.
Wholly-owned Subsidiary
Systems & Components India Pvt. Ltd. became a wholly-owned subsidiary of the company w.e.f. 4th May 2026.
Credit Rating Upgrade
Credit rating upgraded to AA from AA(-) for Rs. 840 Cr. funding facilities.
Focus on Green Engineering
New Integrated Food Waste Management System and Compact Bio-gas package align with ecological benefits and energy conservation.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
The presentation consistently compares Q1 FY27 results with previous Q1 periods (Q1 FY26, Q1 FY25, Q1 FY24), indicating a focus on year-over-year performance for seasonal or quarterly reporting.
Order Board
Rs. 1,853 Cr. as on 1-Jul-26.
Total Income
Rs. 308 Cr. in Q1 FY27, up 10% YoY from Rs. 280 Cr. in Q1 FY26.
EBITDA
Rs. 54 Cr. in Q1 FY27, up 23% YoY from Rs. 44 Cr. in Q1 FY26. EBITDA margin 17.6% (vs 15.7% in Q1 FY26).
PBT
Rs. 46 Cr. in Q1 FY27, up 24% YoY from Rs. 37 Cr. in Q1 FY26. PBT margin 14.8% (vs 13.1% in Q1 FY26).
Strategic Focus on Ecological Benefits
Management focuses on ecological benefits and pollution prevention, aiming to reduce Greenhouse Gas Emissions and implement Eco-Friendly Green Engineering.
Emphasis on Resource Efficiency
Management emphasizes generation and efficient use of resources, converting residual waste to usable energy and increasing localized energy independence.
Commitment to Circular Economy
Management aims to establish Circular Economy Frameworks and utilize IoT-Powered Smart Environmental Solutions.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Order Board | Rs. 1,853 Cr. as on 1-Jul-26 | Sustained growth in order inflow and efficient conversion of order book to revenue. |
| EBITDA Margin | 17.6% in Q1 FY27 | Continued expansion or stability, indicating operational efficiency and pricing power. |
| New Product Adoption | A800 Centrifugal Compressor, Tonalli Bio-gas package, Integrated Food Waste Management System launched | Sales traction and contribution of new products to overall revenue and profitability. |
| Credit Rating | AA | Maintenance or further upgrades, which could impact the company's cost of capital and financial flexibility. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
42NeutralSMA20 -38.1% / mo · RSI oversold · MACD + · near 52W low
Technical chart
KIRLPNUdaily · 1Y · AUTO-33.1%Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 22. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~61.5% over last month) — short-term momentum negative.
- RSI(14) at 22 — oversold zone; bounce conditions.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 65% off 52W high · 8% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & score drivers
U-Score 58 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 58 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Quality contributes 18/20 to the score.
- Cash flow contributes 7/10 to the score.
Main drags
- Valuation is weaker at 2/30; verify the latest quarterly trend.
- Balance sheet is weaker at 9/15; verify the latest quarterly trend.
- Growth is weaker at 17/25; verify the latest quarterly trend.
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
High Trust: Claim history is still being built. It ranks around the 99th percentile of the scored universe and 99th percentile within Industrials. No major sub-score weakness stands out.
High Trust Lite: Promoter pledge is zero.
Management behaviour ranks as unusually reliable. Still verify valuation and cycle risk.
overall median 67 · Industrials: 99th pctile, median 68 · Micro: 99th pctile, median 73
33 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
High Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.2%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 37.60
- P/B
- 7.91
- EV/EBITDA
- 25.74
- Market Cap
- 9880.00Cr
Profitability
- ROE
- 22.60%
- ROCE
- 29.60%
- ROA
- 14.91%
- Dividend Y
- 0.79%
Growth (CAGR)
- Revenue 5Y
- 32.00%
- EPS 5Y
- 32.00%
- Revenue 3Y
- 35.00%
- EPS 3Y
- 35.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 351.00×
- Altman Z
- 8.93
- Book Value
- 96.10
Cash Flow
- FCF Yield
- 1.23%
- FCF Positive Y
- 8/5
- OCF
- 233.00 Cr
- EPS TTM
- 20.24
Shareholding
- Promoter Hold
- 38.81%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 45%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
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Peers
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Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.