Kirloskar Pneumatic Company Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend of Rs. 8.50 per equity share.
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Kirloskar Pneumatic reported strong FY2025-26 results with standalone revenue of Rs. 17,592 million (up 8% from Rs. 16,286 million) and standalone PAT of Rs. 2,584 million (up 22.5% from Rs. 2,110 million). Consolidated PAT stood at Rs. 2,543 million. The Board recommended a final dividend of Rs. 8.50 per equity share (425% on face value Rs. 2), payable after July 21, 2026 AGM. The company also approved a share split from Rs. 2 to Re. 1 face value to improve liquidity and attract small investors. It plans to acquire the remaining 44.74% stake in subsidiary Systems & Components (India) for Rs. 12.55 crores, making it wholly-owned. Key appointments include re-appointment of Rahul Kirloskar as Executive Chairman and Ranganath N. Krishna as Independent Director. Statutory auditors issued unmodified opinions. An exceptional item of Rs. 140 million was recorded for new labour codes impact.
The 22% PAT growth and maiden dividend of Rs. 8.50 per share signal strong financial health, likely positive for shareholders. The share split will make shares more affordable and liquid for retail investors. The acquisition of the remaining subsidiary stake strengthens consolidation benefits.