Kirloskar Pneumatic CompanyNSE:KIRLPNU
Current view Q4 2026
Makes compressors India used to import, winning market share with record orders and its best-ever profit margins. A real growth engine - but it keeps missing its own sales-growth targets.
Latest exchange filings last 5 · 5 after Q4 2026
- 16 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep ↗
- 16 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep ↗
- 11 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Sep ↗
- 9 Sep ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Sep ↗
- 8 Sep ’26Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Sep ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q4 2026
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q4 2026
| Metric | This year vs lastYoY · vs Q4 2025 | vs the quarter beforeQoQ, sequential · vs Q3 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +21.1% | +74.8% | +12.4% | +16.4% |
| Operating profit | ▲ +69.1% | +129.6% | +28.1% | +24.6% |
| EPS | ▲ +78.6% | +234.0% | +33.3% | +32.0% |
| PAT | ▲ +77.8% | +234.9% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +21.1%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Average57/100
Cheap, and growing fast. Profit per share grew 33% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
₹679 → ₹1,357 needs the P/E at 29× — it is 34× today, and has ranged 27× to 64× over the last 5 years. The rest would come from earnings growing as they have.
What you pay for its profitlog scale · 5-year range
Tripling needs 43× — it has traded there — high was 64×.
At ₹728 the price-tag on its earnings reaches the 37× it is being projected toward — the point where being cheap against that yardstick is used up.
De-rating while below every EMA — value-trap risk, not a coiled spring.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. This is a mid-cap at ₹9,051 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 33.3% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Capital Goods · 6 of 14 listed
It earns 30% on its capital, second of 6, and it is the cheapest of those shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Kirl.Pneumatic | ₹698 | 33.2× | ₹9,063 Cr | 30.3% | +21.4% | +10.4% |
| Cummins India | ₹5,089 | 57.9× | ₹1.41 L Cr | 39.5% | +2.5% | +17.9% |
| Kirloskar Oil | ₹2,129 | 54.3× | ₹30,975 Cr | 14.6% | −17.1% | +13.5% |
| Elgi Equipments | ₹603 | 41.2× | ₹19,116 Cr | 22.1% | +27.0% | +22.6% |
| Kirl. Brothers | ₹1,820 | 35.7× | ₹14,450 Cr | 20.4% | −0.5% | +12.9% |
| KSB | ₹801 | 53.2× | ₹13,945 Cr | 24.7% | −18.8% | +3.6% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | yes — a little wider than 3 years earlier | operating margin 11% → 15% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 85% last year, 97% over three · free cash flow ₹163 cr, positive in 4 of 5 years |
| Is the growth borrowed? | essentially debt-free | ₹0 cr — 0.00× its own equity (was 0.00×) |
| Is it being collected? | collection is steady | 108 days to collect, up 1 in a year · cash cycle 90 days |
| Who has been buying? | the promoters have held steady | promoters 38.8%, 39.0% → 38.8% over 2.8 years · FIIs 10.4% (+3.3) · DIIs 26.0% (−2.2) · shareholders 27,000 → 64,033 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 30.3% · ROE 22.7% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 33.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.8%
Against it
- Stock is trading at 7.18 times its book value
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.