Appointment
Awaiting price reaction for this filing.
Kirloskar Pneumatic Company reported strong FY25 results with standalone revenue growing ~23% to Rs. 1,62,863 lakhs (vs Rs. 1,32,262 lakhs in FY24) and profit after tax surging ~58% to Rs. 21,107 lakhs (vs Rs. 13,328 lakhs). Standalone EPS rose to Rs. 32.56 from Rs. 20.60. The Board recommended a final dividend of 325% (Rs. 6.50 per share) for FY25, subject to shareholder approval. The company acquired a 55.26% stake in Systems and Components India Private Limited (SCIPL) for Rs. 15.50 crore in December 2024, making it a subsidiary. The Board also appointed Mrs. Varsha Vasant Purandare (former SBI Capital Markets MD & CEO) as an Additional Independent Director for a 5-year term and SVD & Associates as Secretarial Auditors. Statutory auditor Kirtane & Pandit LLP issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong double-digit revenue growth and ~58% PAT growth signal robust operational performance and margin expansion for shareholders. The 325% dividend (Rs. 6.50/share) rewards investors, while the SCIPL acquisition and appointment of a high-profile independent director with banking and capital markets expertise may be viewed positively for governance and future strategic direction.