Kirloskar Pneumatic Company Ltd
Kirloskar Pneumatic Company Ltd, incorporated in 1958, is part of the Pune-based Kirloskar group. The Co. is engaged in the business of Compression & Transmission segments. It also undertakes O&M services for Compression Packages and has also entered logistic services by operating RoadRailer trains for end to end transportation of goods. It serves a variety of sectors like Oil & Gas, Steel, Cement, Food & Beverages, Railways, Marine and other industries. [1] [2]
- Market Cap ₹ 11,401 Cr.
- Current Price ₹ 1,757
- High / Low ₹ 1,818 / 590
- Stock P/E 58.3
- Book Value ₹ 157
- Dividend Yield 0.37 %
- ROCE 21.7 %
- ROE 16.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 31.6%
Cons
- Stock is trading at 11.2 times its book value
- Promoter holding has decreased over last 3 years: -14.8%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Compressors / Drilling Equipment
Part of Nifty Total Market BSE SmallCap Nifty Microcap 250 BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
549 | 510 | 441 | 509 | 514 | 600 | 710 | 829 | 823 | 1,021 | 1,239 | 1,323 | 1,504 | |
477 | 450 | 411 | 458 | 452 | 526 | 621 | 731 | 708 | 880 | 1,072 | 1,118 | 1,227 | |
Operating Profit | 72 | 60 | 29 | 51 | 62 | 75 | 90 | 98 | 115 | 141 | 168 | 205 | 277 |
OPM % | 13% | 12% | 7% | 10% | 12% | 12% | 13% | 12% | 14% | 14% | 14% | 15% | 18% |
14 | 16 | 19 | 21 | 28 | 16 | 14 | 10 | 10 | 12 | 11 | 11 | 12 | |
Interest | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 4 | 2 | 2 | 0 |
Depreciation | 11 | 13 | 19 | 19 | 17 | 17 | 22 | 33 | 38 | 35 | 34 | 35 | 33 |
Profit before tax | 71 | 61 | 28 | 52 | 71 | 73 | 80 | 72 | 84 | 114 | 143 | 178 | 255 |
Tax % | 33% | 37% | 21% | 30% | 25% | 31% | 31% | 26% | 24% | 26% | 24% | 25% | |
47 | 39 | 23 | 36 | 54 | 50 | 55 | 53 | 64 | 85 | 109 | 133 | 190 | |
EPS in Rs | 7.34 | 6.05 | 3.52 | 5.67 | 8.38 | 7.78 | 8.60 | 8.33 | 9.93 | 13.18 | 16.80 | 20.58 | 29.26 |
Dividend Payout % | 33% | 33% | 28% | 25% | 24% | 31% | 29% | 32% | 35% | 30% | 33% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 17% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 20% |
3 Years: | 30% |
TTM: | 90% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 71% |
3 Years: | 59% |
1 Year: | 185% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 246 | 270 | 283 | 309 | 413 | 449 | 481 | 482 | 576 | 646 | 782 | 912 | 1,008 |
6 | 0 | 0 | 0 | 0 | 1 | 1 | 28 | 40 | 1 | 1 | 1 | 1 | |
216 | 187 | 200 | 181 | 170 | 273 | 254 | 252 | 296 | 365 | 333 | 460 | 450 | |
Total Liabilities | 481 | 470 | 496 | 503 | 596 | 736 | 748 | 775 | 924 | 1,025 | 1,130 | 1,385 | 1,471 |
102 | 114 | 97 | 82 | 79 | 75 | 122 | 207 | 175 | 229 | 223 | 232 | 235 | |
CWIP | 0 | 0 | 1 | 1 | 37 | 68 | 64 | 9 | 8 | 11 | 24 | 35 | 37 |
Investments | 113 | 121 | 115 | 155 | 218 | 199 | 196 | 138 | 223 | 205 | 246 | 358 | 393 |
266 | 235 | 283 | 266 | 261 | 395 | 366 | 422 | 518 | 579 | 637 | 760 | 806 | |
Total Assets | 481 | 470 | 496 | 503 | 596 | 736 | 748 | 775 | 924 | 1,025 | 1,130 | 1,385 | 1,471 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
41 | 36 | 3 | 53 | 17 | 63 | 53 | 10 | 57 | 109 | 40 | 183 | |
-25 | -21 | 18 | -30 | -10 | -15 | -56 | -6 | -49 | -46 | -11 | -136 | |
-25 | -18 | -15 | -18 | -5 | -14 | -26 | -6 | 10 | -72 | -28 | -33 | |
Net Cash Flow | -9 | -3 | 6 | 4 | 2 | 33 | -30 | -2 | 18 | -9 | 0 | 14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 102 | 147 | 109 | 93 | 127 | 94 | 83 | 137 | 107 | 97 | 103 |
Inventory Days | 93 | 58 | 94 | 78 | 103 | 105 | 94 | 131 | 93 | 132 | 93 | 104 |
Days Payable | 109 | 103 | 155 | 127 | 132 | 191 | 130 | 113 | 118 | 111 | 82 | 104 |
Cash Conversion Cycle | 71 | 57 | 86 | 60 | 64 | 41 | 58 | 101 | 111 | 128 | 107 | 103 |
Working Capital Days | 16 | 26 | 53 | 43 | 43 | 32 | 37 | 62 | 78 | 66 | 82 | 74 |
ROCE % | 29% | 22% | 7% | 16% | 17% | 16% | 17% | 15% | 15% | 18% | 20% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Dec - Meeting scheduled on December 6, 2024, was cancelled.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
6 Dec - Issue of duplicate share certificates for shareholders.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 Dec - Allotment of 25,400 equity shares under employee stock option scheme.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Dec - Scheduled management interaction with analysts on December 10, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Dec - Certificate for dematerialization of securities received.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Jul 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Jul 2022TranscriptNotesPPT
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Feb 2022TranscriptPPT
Market Share
The Co. is the market leader in CNG systems and oil and gas refrigeration in India, having a market share of over 60% in both business segments. It is the world's largest manufacturer of industrial gas compressors. [1] The Co. has a 70% market share in Indian ammonia refrigeration compressor segment. [2]