Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Oct
Source: Bse
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.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals14 Oct 2026 · screener
Latest result21 Jul, 07:04 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
40NeutralSMA20 -7.1% / mo · RSI oversold · MACD −
Stock trend: 33
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
KIRLPNUD candles · FIT view-8.0%Latest close ₹615.35 on 2026-10-19
Bar
-4.0%
RSI
27
MACD hist
-4.54
52W pos
20%
2026-10-19O ₹640.90H ₹645.00L ₹612.00C ₹615.35Vol 1.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
KIRLPNUNifty India ManufacturingNifty 500
- KIRLPNU
- -28.5%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -22.9 pp
Chart stats
19 Oct 2026- From 52W high
- -44.0%
- 52W range position
- 20%
- ATR (14)
- 4.0%
- Volume vs 20D
- 1.05x
- Avg traded value
- ₹6.9 Cr
- 20D price channel
- ₹612 - ₹728.2
₹1,098.6
₹495.1 - ₹1,098.6
₹24.5
Latest completed session
20-session average
32.8% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE59
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good70
Revenue +7.5% · PAT +32.0% YoY
Technical
Neutral40
Price trend and sector-relative-strength timing.
Valuation
Legacy model+22.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence87
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 70/100Rev +7% YoY · PAT +32% YoY · margin expansion · operating leverage
Filed 21 Jul 2026
Open results browser →| 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.
Fundamentals
Valuation
- P/E
- 32.20
- P/B
- 6.76
- EV/EBITDA
- 22.05
- Market Cap
- 8466.00Cr
Profitability
- ROE
- 22.60%
- ROCE
- 29.60%
- ROA
- 14.91%
- Dividend Y
- 0.92%
Growth (CAGR)
- Revenue 5Y
- 31.00%
- EPS 5Y
- 31.00%
- Revenue 3Y
- 24.00%
- EPS 3Y
- 24.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 351.00×
- Altman Z
- 8.93
- Book Value
- 96.10
Cash Flow
- FCF Yield
- 1.44%
- FCF Positive Y
- 8/5
- OCF
- 233.00 Cr
- EPS TTM
- 20.24
Shareholding
- Promoter Hold
- 38.81%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 28%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 1,787+9.0% vs prev
Net Profit
₹ CrLatest: 254+20.4% vs prev
Return on Equity
%Latest: 20.3+5.7% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 27.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~7.6% over last month) — short-term momentum negative.
- RSI(14) at 27 — oversold zone; bounce conditions.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 44% off 52W high · 24% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
56
RS percentile
Stage 1 Base / Transition
1M return
-11.9%
3M return
-28.5%
6M return
-9.2%
1Y return
+6.7%
RS 1D
-2
RS 20D
-8
Sector rank
#2
Industry rank
#19
Stage evidence
- Price is 17.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +2.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 106.21-2.43%
RS vs Nifty 500106
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation4/30
Growth16/25
Quality18/20
Balance Sheet9/15
Cash Flow7/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
59
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
59/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 22.6%.
- Quality contributes 18/20 to the score.
Main drags
- Valuation is weaker at 4/30; verify the latest quarterly trend.
- Balance sheet is weaker at 9/15; verify the latest quarterly trend.
- Growth is weaker at 16/25; verify the latest quarterly trend.
Sector valuation model
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.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
32.2
PB
6.8
EV/EBITDA
22.1
ROE
22.6%
ROCE
29.6%
FCF Yield
1.4%
Debt/Equity
0.0
MoS
+22.6%
Score movement
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.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
59
Previous: 59
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+22.6%
Previous: +22.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
60
60
60
60
59
59
59
59
59
59
59
59
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹209.2
-194.1% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹795.43
+22.6% MoS
PEG
1.14
Comparable companies
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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KRN
Micro
KRN Heat Exchanger and Refrigeration Limited
Industrial Machinery
match 59
36
93.2
14.1%
-84%
WATCHLIST
SHAKTIPUMP
Micro
Shakti Pumps (India) Limited
Industrial Machinery
match 58
57
24.6
18.0%
+39%
FAIR VALUE
GMMPFAUDLR
Micro
GMM Pfaudler Limited
Industrial Machinery
match 56
21
47.2
6.7%
-1364%
OVERVALUED
ESABINDIA
Small
Esab India Limited
Industrial Machinery
match 55
53
158.0
59.3%
-296%
FAIR VALUE
KSB
Micro
Ksb Limited
Industrial Machinery
match 55
51
51.7
18.4%
-36%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-07-24T00:41:10.899Z
Management commentary snapshot
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.
Growth engines
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.
Tailwinds
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
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
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.
Sector KPIs management disclosed
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).
Management forward view
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.
Thesis monitor
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.
Trust Score
87Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: 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.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
33 docs text-extracted · 10 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
99th percentile
overall median 67 · Industrials: 99th pctile, median 68 · Micro: 99th pctile, median 73
Evidence depth
Financial-only
33 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read 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.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
87
strong · quarterly consistency
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.
Continue researching Kirloskar Pneumatic Company Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 28 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 22 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jun
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.