In an exchange filing released on Monday, the company announced that its board of directors approved the plan to split every existing share, with a face value of Rs 2, into two shares with a face value of Re 1 each. It explained that the rationale behind the corporate action is to improve the stock’s liquidity and also make it available to small investors.
Only those shareholders who own the shares of the company in their demat accounts on the record date will be eligible for the stock split. The record date is yet to be announced.
After the stock split takes effect, Kirloskar Pneumatic Company’s total 6.5 crore paid-up equity shares will be split into 12.99 crore shares.
Kirloskar Pneumatic Company announces dividend
Meanwhile, the board recommended a final dividend of 425% (Rs 8.5 per share) for the financial year 2026, which if approved during its upcoming AGM, will be paid to the eligible shareholders on or after July 21.
The record date to the dividend payout is yet to be announced.
Kirloskar Pneumatic Company Q4 Results
Along with the stock split and dividend announcement, Kirloskar Pneumatic Company reported a 79% year-on-year surge in consolidated net profit to Rs 143.8 crore in Q4 FY26 from Rs 80.3 crore in Q4 FY25. The firm’s revenue from operations meanwhile rose more than 20% YoY to Rs 711.8 crore during the quarter under review. EBITDA margin improved to 27.9%.
PL Capital said that the company delivered a strong quarter with revenue growth of 20.3% YoY and EBITDA margin of 26.1%, supported by a favourable product mix, backward integration initiatives and execution of higher-margin packages.“Despite the macro challenges, we believe KKPC is well placed for healthy long-term growth driven by 1) continued scaling of Air Compression (Tezcatlipoca) to capture import dominated centrifugal and screw compressor markets; 2) increasing focus on new product platforms across compression and refrigeration segments; 3) launch of Tyche and Khione to enhance penetration in commercial and industrial refrigeration; 4) focus on building in-house IP and fully integrated manufacturing capabilities; 5) leveraging the Precision Engineering division to support near-term growth and 6) strong cash flows and balance sheet,” the domestic brokerage said.
Kirloskar Pneumatic Company share price
The shares of Kirloskar Pneumatic Company have surged 14% over two days following the earnings, dividend and stock split announcement. The stock has surged 43% in one month and are up more than 45% in 2026 so far.
In the longer term, the shares of the company jumped 155% in three years. The company has a market capitalisation of nearly Rs 9,823 crore.
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