Kirloskar Pneumatic Co.Ltd. — Earnings Release 2025

Jan 28, 2025

1eJrlos1ear Pneumatic

Ref.: SEC&LEG/13

January 28, 2025

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 Scrip Code - 505283

National Stock Exchange of India Limited Exchange Plaza, C -1, Block G, Bandra-Kurla Complex, Sandra (E), Mumbai 400 051. NSE Symbol: KIRLPNU

Sub.: Press Release on Unaudited Financial Results

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release on the financial results in respect of the Unaudited Financial Results of the Company for the quarter ended 3l[8][1 ] December, 2024.

You are requested to take the same on your record.

Thanking You. For Kirloskar Pneumatic Company Limited pUH � K Srinivasan Managing Director I DIN: 00088424

Encl.: As above

Kirloskar Pneumatic Company Limited

A Kirloskar Group Company

Regd. Office: Plot No.1, Hadapsar Industrial Estate, Hadapsar, Pune, Maharashtra 411013

Tel: +91 (20) 26727000 Fax:+91(20)26870297 Email: sec@kirloskar com I Website: www.kirloskarpneumatic.com CIN: L29120PN1974PLC110307

. Kirloskar Pneumatic Company Ltd

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PRESS RELEASE

KPCL announces the results for Q3 FY25 with 10% income growth over the previous year Q3 FY24.

YTD Revenue from operations at Rs. 1046 Cr against Rs. 832 Cr in F24, of witnessing growth by 26% Y-o-Y Declares Interim dividend @175% at Rs. 3.50 per share

Pune, India – 28th January 2025: 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 Q3 FY25.

Revenue from operations and PBT for the quarter showed growth over the corresponding quarter of the previous year by over 10% at Rs. 340 Cr with PBT of Rs. 48 Cr ( Rs 47 Cr ) which is 13.9% of sales.

In line with the dividend policy, the Board of Directors has declared an interim dividend of Rs. 3.50 ( 175% ) per equity share having face value of Rs. 2/- each. ( Rs. 2.50 per share @ 125% in FY24)

Order book stood around Rs. 1,879 Cr as on 1[st] Jan 25, which is 27% higher than at the beginning of year. (Rs.1,475 Cr as on 1[st] April 2024).

Compression business continues to be around 94% of the Company’s revenue and remains the only reporting segment.

The company completed the acquisition of 55.26% shares in M/s. Systems & Components India Private Limited who is a significant player in the Refrigeration packages for Pharma, Chemical and Dairy industry. The company is now in the process of harmonizing its operations to make it more competitive.

The new launches of the last years – Tezcatlipoca, Calana, Aria and Jarilo - have all been accepted in the market and we are seeing strong order in flow. The company entered into an exclusive selling arrangement for compressors to the Textile industry with Universal MEP Projects & Engineering Services Limited ( UMPESL), a subsidiary of Voltas Ltd.

The company also moved its corporate office to the One Avante building on Karve Road, Pune as a part of the Kirloskar group initiative.

Review of Q3 FY25 Financial Performance:

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. Kirloskar Pneumatic Company Ltd

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• Revenue from operations was at Rs. 340 Cr as against Rs. 309 Cr in Q3 FY24, witnessing a growth of about 10%.

• Consequentially total Income stood at Rs. 346 Cr as against Rs. 312 Cr of Q3 FY24.

• The EBITDA margin at 16 % of total income compared to 18 % in Q3 FY24.

• PBT was at Rs. 48 Cr (14% of total income) compared to Rs. 47 Cr ( 15%) of Q3 FY 24.

• Profit after tax stood at Rs. 36 Cr as against Rs. 35 Cr in Q3 FY24.

• Basic EPS in CY (Q3) improved to Rs. 5.55 per share compared to Rs 5.40 per share in PY ( Q3).

• Interim Dividend Rs. 3.50 per share @175% (Rs. 2.50 per share @125% in Q3 FY24)

Review of 9M FY25 Financial Performance:

• Revenue from operations of Rs. 1046 Cr for 9M FY25 as against Rs. 833 Cr for 9M FY24; 26% growth Y-o-Y.

• Total Income of Rs. 1063 Cr for 9M FY25 as against Rs. 846 Cr for FY24; 26% growth Y- o-Y.

• EBIDTA for FY25 at 18.6% (Rs. 198 Cr) as against 14.7% (Rs. 124 Cr) for FY24.

• PBT for FY25 at Rs. 176 Cr as against Rs. 97 Cr for FY24; 81% increase Y-o-Y

• PAT for FY25 at Rs. 130 Cr as against Rs. 73 Cr for FY24; 79% increase Y-o-Y

• Basic EPS for FY25 at Rs. 20.12 per share against Rs. 11.30 per share in FY24.

The company has published its consolidated income statement with newly acquired company i.e. Systems and Components India Private Limited for the first time. Comparable details will be available after completing one full year of the reporting cycle.

For further Information Please Contact:

For further Information Please Contact:
Kirloskar Pneumatic Co. Ltd.	Group Investor Relations
Ramesh Birajdar Vice President & Chief Financial Officer Ph : (+91) 90 11 71 93 29 Email :ramesh.birajdar@kirloskar.com	Ms. Mayura Bhusari Ph : (020) 69065007 Ext. 261 Email : mayura.bhusari@kirloskar.com

About Kirloskar Pneumatic Company Ltd.

Established in 1958, Kirloskar Pneumatic Company Ltd. (KPCL) is a diversified company offering a comprehensive range of products, including Air, Refrigeration, and Gas compressors and systems, vapour absorption chillers, and industrial gearboxes. Serving various industries such as steel, cement, cold chains, food and beverages, pharmaceuticals, railways, defense and marine, KPCL

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. Kirloskar Pneumatic Company Ltd

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holds a significant presence in the Oil & Gas sector. Notably, the Company is a key player in CNG business in India

Leveraging extensive industry experience, KPCL has forged technology partnerships with leading global companies and research institutes, ensuring cutting-edge solutions and innovations. The company has been recognized with numerous awards for excellence in quality, innovation, merit, training programs, HR initiatives, and in-house communication, establishing itself as a leader in the industry.

Safe Harbor Statement

Statements in this document, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

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