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 ₹ 10,265 Cr.
- Current Price ₹ 1,583
- High / Low ₹ 1,736 / 561
- Stock P/E 300
- Book Value ₹ 51.2
- Dividend Yield 0.41 %
- ROCE 14.9 %
- ROE 10.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 31.8%
Cons
- Stock is trading at 30.9 times its book value
- The company has delivered a poor sales growth of 0.74% over past five years.
- Company has a low return on equity of 9.32% over last 3 years.
- Earnings include an other income of Rs.19.1 Cr.
- 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 Microcap 250 BSE Industrials BSE Allcap BSE SmallCap Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|
490 | 666 | 538 | 484 | 441 | 509 | |
417 | 576 | 466 | 426 | 412 | 458 | |
Operating Profit | 73 | 91 | 72 | 57 | 29 | 51 |
OPM % | 15% | 14% | 13% | 12% | 7% | 10% |
10 | 13 | 13 | 15 | 14 | 19 | |
Interest | 6 | 4 | 3 | 2 | 1 | 1 |
Depreciation | 12 | 12 | 11 | 13 | 19 | 19 |
Profit before tax | 65 | 88 | 70 | 58 | 23 | 50 |
Tax % | 33% | 30% | 34% | 39% | 26% | 31% |
44 | 62 | 49 | 37 | 18 | 37 | |
EPS in Rs | 6.84 | 9.64 | 7.58 | 5.69 | 2.79 | 5.73 |
Dividend Payout % | 35% | 25% | 32% | 35% | 36% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | -2% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | -11% |
TTM: | 145% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 64% |
3 Years: | 59% |
1 Year: | 174% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 9% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 174 | 217 | 258 | 280 | 290 | 316 |
18 | 12 | 6 | 0 | 0 | 0 | |
252 | 241 | 216 | 187 | 200 | 181 | |
Total Liabilities | 457 | 483 | 494 | 480 | 503 | 510 |
85 | 91 | 102 | 114 | 97 | 82 | |
CWIP | 4 | 2 | 0 | 27 | 30 | 30 |
Investments | 61 | 103 | 125 | 134 | 121 | 161 |
307 | 288 | 266 | 205 | 255 | 237 | |
Total Assets | 457 | 483 | 494 | 480 | 503 | 510 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|
81 | 75 | 41 | 63 | 3 | 53 | |
-48 | -52 | -25 | -48 | 20 | -30 | |
-31 | -25 | -25 | -18 | -15 | -18 | |
Net Cash Flow | 1 | -2 | -9 | -3 | 8 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|
Debtor Days | 107 | 74 | 90 | 83 | 119 | 85 |
Inventory Days | 110 | 77 | 93 | 58 | 94 | 78 |
Days Payable | 136 | 100 | 109 | 103 | 155 | 127 |
Cash Conversion Cycle | 82 | 50 | 73 | 38 | 58 | 36 |
Working Capital Days | 15 | 7 | 16 | 4 | 29 | 22 |
ROCE % | 41% | 28% | 20% | 6% | 15% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
21h - Intimation of loss of share certificates by shareholders.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
1d - Intimation of loss of share certificate for shareholder.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Nov - Schedule of analyst interactions for Kirloskar Pneumatic.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Nov - Schedule of analyst interactions for Kirloskar Pneumatic.
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]