Risk Intelligence
Geopolitical uncertainty in Middle East
View Risks →Kirloskar Pneumatic delivered a strong Q4 FY26 with revenue of ₹706 crore (+21% YoY) and EBITDA margin of 21.7% (+270 bps YoY), driven by favorable product mix, backward integration, and disciplined order selection.
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Kirloskar Pneumatic delivered a strong Q4 FY26 with revenue of ₹706 crore (+21% YoY) and EBITDA margin of 21.7% (+270 bps YoY), driven by favorable product mix, backward integration, and disciplined order selection. Full-year PAT grew 22% to ₹258 crore. The order book stands at ₹1,863 crore (+15% YoY), with ~₹1,300 crore executable within the year. Management guided for sustainable EBITDA margins of 18-20% and reiterated a 20%+ revenue growth target. New products (Tescatly Poka, Kon, Hydrino, Zephros) are gaining traction, and the precision engineering division contributed meaningfully. Risks include geopolitical uncertainty in the Middle East impacting gas package orders and potential margin normalization from exceptional Q4 levels.
Geopolitical uncertainty in Middle East
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Read Transcript →Unexecuted order book as of April 1, 2026, up from ₹1,624 Cr a year ago.
85 out of 130 machines commissioned; gaining market share in metals, power, and new sectors.
Total IP filings reached 128; company recognized as top 30 IP-driven organization by CII.
Export sales remain a small portion; Middle East exposure limited but long-term opportunity seen.
Management targets 20%+ revenue growth for FY27, supported by strong order book and new product ramp-up.
Ongoing geopolitical tensions in the Middle East are delaying package orders and new bookings in that region, though long-term demand may rise.
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