Kirloskar Pneumatic Company Ltd Q4FY21 net profit soars to Rs. 50.32 crore

KIRLOSKAR PNEUMATIC CO.LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.417.26 crores during the period ended March 31, 2021 as compared to Rs.183.28 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.50.32 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.13.27 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.7.81 for the period ended March 31, 2021 as compared to Rs.2.07 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 417.26 crs	₹ 183.28 crs	127.66%
Net Profit	₹ 50.32 crs	₹ 13.27 crs	279.2%
EPS	₹ 7.81	₹ 2.07	277.29%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.417.26 crores during the period ended March 31, 2021 as compared to Rs.230.49 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.50.32 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.24.03 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.7.81 for the period ended March 31, 2021 as compared to Rs.3.74 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 417.26 crs	₹ 230.49 crs	81.03%
Net Profit	₹ 50.32 crs	₹ 24.03 crs	109.4%
EPS	₹ 7.81	₹ 3.74	108.82%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.833.38 crores during the 12 months period ended March 31, 2021 as compared to Rs.839.60 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.63.84 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.53.50 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.9.94 for the 12 months period ended March 31, 2021 as compared to Rs.8.33 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 833.38 crs	₹ 839.60 crs	-0.74%
Net Profit	₹ 63.84 crs	₹ 53.50 crs	19.33%
EPS	₹ 9.94	₹8.33	19.33%

Compression segment:

All three product lines in this segment viz., Air compression, Refrigeration and Gas compression businesses had significant order inflow during the year. Execution was enhanced in Q4 with improved supply chain performance. Margins were under pressure on account of inflationary pressure from nearly all inputs - notable, steel & copper (Motors).

Transmission segment:

This segment did poorly on account of low Railway orders and suspension of even these during the month of March 21. The division established itself as a High Speed Gear box manufacturer for up to 50 MW.

Shares of KIRLOSKAR PNEUMATIC CO.LTD. was last trading in BSE at Rs.258.9 as compared to the previous close of Rs. 264.7. The total number of shares traded during the day was 16441 in over 180 trades.

The stock hit an intraday high of Rs. 265.5 and intraday low of 256. The net turnover during the day was Rs. 4274290.

Source : Equity Bulls

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