Pune, India : Kirloskar Pneumatic Company Ltd (KPCL) (BSE : 505283, NSE: KIRLPNU), a prominent player in Air, Refrigeration & Gas Compression business in India, announced today its financial results for Q2  FY26.

For Q2 FY26, revenue from operations reached Rs. 378 Cr, and Profit Before Tax (PBT) was Rs. 57 Cr. This represents a degrowth compared to the corresponding quarter FY 25. Our Net Profit After Tax for the quarter stood at Rs. 43 Cr.

Looking at the first half of Fiscal Year 2026 (H1 FY26), our total income was Rs. 665 Cr. This is in comparison to Rs. 717 crore for H1 FY25. PBT for H1 FY26 was Rs. 94 crore, accounting for 14.10% of the total income for that period. Topline sales and consequently the profits were impacted by a marked slowdown in project execution and clearances.  

Order finalization too was impacted by this.

As of October 1, 2025, our order book stands at INR 1,667 Cr, an increase from Rs. 1,624 Cr at the beginning of the year.

Compression business continues to be around 91% of the Company’s revenue for H1 FY 26 and remains the only reporting segment.

The company used this time to strongly drive to commercialize the various IP’s that we had filed as well as to put the newly created manufacturing capabilities to use for related industry. Both these efforts have brought strong positive outcomes We will see this showing up in the results from the next quarter. Tezcatlipoca centrifugal compressor crossed the 100 number mark and the Tyche semi hermetic compressor has been launched after successfully clearing all product & field testing.

The Board of the Company approved filing of a Production Linked Incentive Scheme application ( PLI ) to enter the Commercial Air conditioning space ( Market size > Rs 5000 crores ) with our unique / patented Zephyros C system. We plan to set up this project in the next 18 months subject to approvals.

Review of Q2 FY25 Financial Performance:

  • Revenue from operations was at INR 378 Cr as against INR 431 Cr in Q2 FY25.
  • Consequentially total Income stood at INR 385 Cr as against INR 437 Cr of Q2 FY25.
  • The EBITDA margin remained to 17 % of total income compared to 23 % in Q2 FY25.
  • PBT was at INR 57 Cr (15% of total income) compared to INR 92 Cr ( 21%) of Q2 FY 25.
  • Profit after tax at 12% of the total income and stood at INR 43 Cr as against  net profit after tax of Q2 FY25 when it stood at INR 68 Cr ( 15% of total income )
  • Basic EPS in CY (Q2) improved to Rs. 6.65 per share compared to Rs 10.42 per share in PY ( Q2).

Review of H1 FY25 Financial Performance:

  • Revenue from operations of Rs. 650 Cr for FY26 as against Rs. 706 Cr for FY25.
  • EBIDTA for FY26 at 16% (Rs. 109 Cr) as against 20% (Rs. 143 Cr) for FY25.
  • PBT for FY26 at Rs. 94 Cr as against Rs. 128 Cr for FY25.
  • PAT for FY26 at Rs. 71 Cr as against Rs. 94 Cr for FY25.
  • Basic EPS for FY26 at Rs.  10.98 per share against Rs. 14.57 per share in FY25.