Kirloskar Pneumatic Company Ltd
Kirloskar Pneumatic Company is engaged in the business of Compression & Transmission segments, primarily serving sectors of oil & gas, engineering, steel, cement, food & beverage by offering engineered products and solutions. The Compression segment is engaged in design, manufacture, supply, and erection / commissioning of wide range of air, gas and refrigeration compressors, packages & systems. The Transmission segment is engaged in design, manufacture and supply of railway traction gears and customized gearboxes for windmill, industrial and marine applications. The Company has also started RoadRailer operations providing logistic services using rail network of Indian Railways with first and last mile operations carried on road.
- 60 % Market Share in Railway Gears & Pinion
- 65 % Market Share in CNG system for City Gas Distribution
- 65 % Market Share in OIL & Gas Refrigeration
- Market Cap ₹ 1,522 Cr.
- Current Price ₹ 237
- High / Low ₹ 245 / 80.0
- Stock P/E 40.6
- Book Value ₹ 78.9
- Dividend Yield 1.14 %
- ROCE 14.8 %
- ROE 10.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 30.77%
Cons
- Company has a low return on equity of 11.14% for last 3 years.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Compressors / Drilling Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
309 | 134 | 190 | 134 | 252 | 180 | 197 | 222 | 223 | 78 | 148 | 180 | |
234 | 130 | 161 | 126 | 204 | 170 | 186 | 190 | 188 | 81 | 132 | 154 | |
Operating Profit | 74 | 4 | 29 | 8 | 48 | 10 | 11 | 33 | 35 | -3 | 16 | 26 |
OPM % | 24% | 3% | 15% | 6% | 19% | 5% | 6% | 15% | 16% | -4% | 11% | 14% |
Other Income | 4 | 3 | 3 | 3 | 5 | 2 | 6 | 2 | 8 | 5 | 3 | 3 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Depreciation | 5 | 4 | 5 | 6 | 6 | 6 | 6 | 9 | 11 | 9 | 9 | 9 |
Profit before tax | 74 | 2 | 26 | 5 | 46 | 5 | 10 | 26 | 31 | -8 | 8 | 19 |
Tax % | 35% | 5% | 33% | 45% | 30% | 32% | 22% | 29% | 23% | 30% | 30% | 31% |
Net Profit | 48 | 2 | 18 | 3 | 33 | 3 | 8 | 18 | 24 | -6 | 6 | 13 |
EPS in Rs | 7.49 | 0.32 | 2.78 | 0.44 | 5.07 | 0.54 | 1.22 | 2.83 | 3.74 | -0.88 | 0.92 | 2.07 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
514 | 452 | 490 | 666 | 549 | 510 | 441 | 509 | 514 | 600 | 710 | 821 | 628 | |
448 | 381 | 417 | 576 | 477 | 450 | 411 | 458 | 452 | 526 | 621 | 732 | 555 | |
Operating Profit | 67 | 71 | 73 | 91 | 72 | 60 | 29 | 51 | 62 | 75 | 89 | 89 | 73 |
OPM % | 13% | 16% | 15% | 14% | 13% | 12% | 7% | 10% | 12% | 12% | 13% | 11% | 12% |
Other Income | 7 | 10 | 10 | 14 | 14 | 16 | 19 | 21 | 28 | 16 | 15 | 18 | 18 |
Interest | 6 | 5 | 6 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 1 |
Depreciation | 5 | 7 | 12 | 12 | 11 | 13 | 19 | 19 | 17 | 17 | 22 | 33 | 39 |
Profit before tax | 63 | 68 | 65 | 88 | 71 | 61 | 28 | 52 | 71 | 73 | 80 | 72 | 51 |
Tax % | 35% | 30% | 33% | 30% | 33% | 37% | 21% | 30% | 25% | 31% | 31% | 26% | |
Net Profit | 41 | 48 | 44 | 62 | 47 | 39 | 23 | 36 | 54 | 50 | 55 | 53 | 38 |
EPS in Rs | 6.36 | 7.41 | 6.84 | 9.64 | 7.34 | 6.05 | 3.52 | 5.67 | 8.38 | 7.78 | 8.60 | 8.33 | 5.85 |
Dividend Payout % | 31% | 32% | 35% | 25% | 33% | 33% | 28% | 25% | 24% | 31% | 29% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 13% |
3 Years: | 17% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | 30% |
3 Years: | 5% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 9% |
1 Year: | 69% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | |
Reserves | 118 | 148 | 174 | 217 | 246 | 270 | 283 | 309 | 413 | 449 | 481 | 482 | 494 |
Borrowings | 38 | 30 | 18 | 12 | 6 | 0 | 0 | 0 | 0 | 1 | 1 | 28 | 25 |
231 | 203 | 252 | 241 | 216 | 187 | 200 | 181 | 170 | 273 | 254 | 252 | 238 | |
Total Liabilities | 400 | 394 | 457 | 483 | 481 | 470 | 496 | 503 | 596 | 736 | 748 | 775 | 770 |
51 | 75 | 85 | 91 | 102 | 114 | 97 | 82 | 79 | 75 | 122 | 207 | 194 | |
CWIP | 10 | 4 | 4 | 2 | 0 | 0 | 1 | 1 | 37 | 68 | 64 | 9 | 5 |
Investments | 21 | 27 | 61 | 103 | 113 | 121 | 115 | 155 | 218 | 199 | 196 | 138 | 155 |
318 | 287 | 307 | 288 | 266 | 235 | 283 | 266 | 261 | 395 | 366 | 422 | 416 | |
Total Assets | 400 | 394 | 457 | 483 | 481 | 470 | 496 | 503 | 596 | 736 | 748 | 775 | 770 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 43 | 80 | 75 | 41 | 36 | 3 | 53 | 17 | 63 | 53 | 9 | |
-38 | -26 | -48 | -52 | -25 | -21 | 18 | -30 | -10 | -15 | -56 | -6 | |
2 | -22 | -31 | -25 | -25 | -18 | -15 | -18 | -5 | -14 | -26 | -5 | |
Net Cash Flow | 20 | -5 | 1 | -2 | -9 | -3 | 6 | 4 | 2 | 33 | -30 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 46% | 39% | 35% | 41% | 29% | 22% | 7% | 16% | 17% | 16% | 17% | 15% |
Debtor Days | 95 | 113 | 107 | 74 | 88 | 102 | 147 | 109 | 93 | 127 | 94 | 84 |
Inventory Turnover | 3.64 | 2.96 | 3.55 | 4.85 | 3.79 | 4.74 | 4.68 | 4.82 | 4.12 | 3.92 | 4.13 | 3.56 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Change in Directorate 2d
- Announcement under Regulation 30 (LODR)-Credit Rating 26 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 20 Feb
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 19 Feb
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2010 from bse