Appointment
Awaiting price reaction for this filing.
Kirloskar Pneumatic Company reported its audited standalone and consolidated results for Q4 and FY25 ended March 31, 2025, along with board announcements. Standalone revenue grew 23% YoY to Rs. 1,62,863 lakhs (vs Rs. 1,32,262 lakhs in FY24), while PAT jumped ~58% YoY to Rs. 21,107 lakhs (vs Rs. 13,328 lakhs). EPS for FY25 stood at Rs. 32.56, up from Rs. 20.60. The board recommended a final dividend of 325% (Rs. 6.50 per share), subject to shareholder approval at the AGM on July 24, 2025. The company also acquired a 55.26% stake in Systems and Components India Pvt Ltd (SCIPL) for Rs. 15.50 crore in Dec 2024, making it a subsidiary. Statutory auditors Kirtane & Pandit LLP issued an unmodified opinion on the results. An exceptional item of Rs. 385 lakhs was booked for impairment of assets held for sale. Additionally, Mrs. Varsha Vasant Purandare (ex-SBI veteran) was appointed as Independent Director for 5 years, and SVD & Associates were appointed as Secretarial Auditors for 5 years.
Strong FY25 results with double-digit revenue and PAT growth, a healthy dividend, and a clean audit opinion are positive for shareholders. The new subsidiary acquisition could add to future revenue but also brings integration risks. Overall, this is a constructive update with no negative audit flags.