What Kirloskar Pneumatic does

Kirloskar Pneumatic Company Limited (KPCL) is a publicly listed Indian industrial engineering company headquartered in Pune and part of the 137-year-old Kirloskar Group. The company designs and manufactures compressed air, refrigeration, process gas, power transmission, and forging/fabrication solutions organized across five divisions: Air Conditioning and Refrigeration, Air Compressors, Process Gas Systems, Transmission, and Forging and Fabrication. Core technologies include reciprocating, screw, and centrifugal air and gas compressors, vapour absorption chillers, industrial and marine HVAC&R packages, industrial gearboxes and railway loco transmissions, diaphragm compressors for hydrogen, and large-scale forging and fabrication. Recent indigenous product additions include HYDRINO (an oil-free water-injected screw compressor meeting ISO 8573 Class 0 standards), Tonalli (a decentralized food waste-to-energy platform using BioBit anaerobic digestion), and the Tyche compressor line.

The company serves a diversified set of industrial customers across pharmaceutical, food processing, electronics manufacturing, oil and gas (upstream, midstream, downstream, CNG, and compressed biogas), hydrogen refuelling, general manufacturing, mining, cement, steel, power generation, marine, railways, and defence. Revenue is generated primarily through hardware sales of capital equipment, complemented by aftermarket spares and service contracts across installed bases, and consolidated revenue from the wholly-owned Systems and Components India subsidiary acquired in May 2026. Go-to-market is sales-led direct enterprise selling for large project equipment, supported by a nationwide authorized dealer network for spares and smaller equipment, with selective export engagement through bilateral business delegations.

FY26 marked record performance: standalone revenue of Rs 1,759 crore (up 8% YoY), net profit of Rs 258 crore (up 22% YoY), and EBITDA margin of 21.7% (up from 19%). Order inflows exceeded Rs 2,000 crore for the first time and the order book stood at Rs 1,863 crore as of April 1, 2026, with the company selected under the PLI Scheme for White Goods with a Rs 320 crore capex commitment. Leadership transitioned in April 2026 with Aman Rahul Kirloskar appointed as Managing Director, and a 1:2 stock split was announced alongside a 600% total dividend for FY26.

Name

Kirloskar Pneumatic

Legal name

Kirloskar Pneumatic Company Limited

Website

https://kirloskarkpcl.com

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Kirloskar Pneumatic Company Limited is a publicly listed Indian industrial engineering firm that designs and manufactures compressors, refrigeration systems, process gas equipment, industrial gearboxes, and forging products. It serves pharmaceutical, food processing, oil and gas, hydrogen, railway, and general manufacturing customers through direct sales and a dealer network.

Ownership category

akta.pro rank

Product category

Industrial Compressors and Engineering Equipment

NAICS

Air and Gas Compressor Manufacturing (333912), Pump and Compressor Manufacturing (33391), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612)

SIC

Pumps & Pumping Equipment (3561), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Oil & Gas Field Machinery & Equipment (3533), General Industrial Machinery & Equipment, Nec (3569), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

akta.pro secondary industries

Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ), Pneumatic Air Preparation & Distribution (FRL assemblies, manifolds, air headers) (IMAHAGAD)

Keywords

• Industrial air compressors
• Process gas systems
• Refrigeration compressors
• Industrial gearboxes
• Forging fabrication

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Compression Products: Air compressors (reciprocating, screw, centrifugal), process gas systems, refrigeration and air conditioning equipment. Revenue from product sales, installation, and commissioning services. Represents core business with strong order book position.
2. Service & Spares: Aftermarket spares and service offerings for installed equipment across all product categories including Air Conditioning & Refrigeration Care, Air Compressor Care, Process Gas System Care, and Transmission Care.
3. Systems & Components Integration: Revenue from wholly-owned subsidiary Systems & Components India Private Limited, consolidated 100% effective May 4, 2026. Operates in air, refrigeration and gas compressor segment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Kirloskar Pneumatic Company Limited (KPCL) manufactures and supplies industrial compressed air systems, refrigeration and air conditioning equipment, process gas compression systems (for oil & gas, CNG, biogas, and hydrogen), power transmission gearboxes and railway components, as well as forging and fabrication products. The company serves diverse industrial sectors including oil & gas, pharmaceuticals, food processing, marine, railways, defence, and general manufacturing, and provides aftermarket spares and service support across the product lifecycle.

Product overview

Kirloskar Pneumatic Company Limited (KPCL) is a diversified industrial engineering company offering a comprehensive portfolio of compressed air, refrigeration, process gas, transmission, and forging/fabrication solutions. The product portfolio is organized into five main solution areas: (1) Air Conditioning & Refrigeration (including Reciprocating and Screw Refrigeration Compressors, Industrial Refrigeration Packages, Marine HVAC&R, and Vapour Absorption Chillers); (2) Air Compressors (Centrifugal, Reciprocating, and Screw variants including the new HYDRINO oil-free water-injected compressor); (3) Process Gas Systems (for CNG, Compressed Biogas, and Hydrogen including Diaphragm Compressors and Hydrogen Refuelling Stations); (4) Transmission (Industrial Gearboxes, Gears for Indian Railways, and Loco Transmissions); and (5) Forging & Fabrication. Recent additions include the Tyche compressor, Tonalli waste-to-energy solution (using proprietary BioBit Technology), and the 100% acquisition of Systems & Components India. The company serves industries including oil & gas, automotive, pharmaceuticals, marine, chemical, power generation, food & beverage processing, and steel & aluminium.

Differentiator

Problem solved

Functional benefit

Brands

• HYDRINO: India's first oil-free water-injected screw compressor meeting ISO 8573 Class 0 standards for oil-free air, applicable to pharmaceuticals, food processing, and electronics manufacturing
• Tyche
• Tonalli
• Tonalli

Products and services

• Reciprocating Air & Gas Compressors Modular reciprocating compressors including horizontal balanced opposed, gas, vertical, railway brake, and PET compressor variants, designed to meet varied capacity and pressure requirements for industrial users.
• Screw Air Compressors Comprehensive range of screw air compressors including oil-injected electric, diesel engine driven portable, and waterwell variants for industrial and field applications.
• Centrifugal Air Compressors Centrifugal compressors built with efficient aerodynamic design to run at optimum speeds for industrial applications.
• HYDRINO Oil-Free Water-Injected Screw Compressor Oil-free water-injected screw compressor delivering ISO 8573 Class 0 oil-free compressed air for pharmaceuticals, food processing, and electronics manufacturing sectors.
• Tyche Compressor New compressor product introduced as part of the company's FY26 strategic development initiatives.
• Reciprocating Refrigeration Compressors Air-cooled range of reciprocating refrigeration compressors engineered for high-performance, reliable, and energy-efficient refrigeration across industrial users.
• Screw Refrigeration Compressors and Packages Screw-type refrigeration compressors and packages for specialized refrigeration needs across varied industries.
• Industrial Refrigeration Packages Complete industrial refrigeration system packages from concept to commissioning meeting specialized refrigeration needs of industries.
• Marine HVAC & R Systems Marine heating, ventilation, air conditioning, and refrigeration systems for marine vessel applications.
• Vapour Absorption Chillers Advanced para-flow design absorption chillers ensuring reliable and consistent cooling performance for industrial users.
• Reciprocating Gas Compressor Packages Tailored reciprocating gas compressor packages for upstream, midstream, and downstream oil and gas applications.
• Screw Gas Compressor Packages Screw compressor packages designed for oil and gas sector applications.
• Online CNG Compressor Packages CNG compressor packages forming an integral part of the CNG value chain for distribution of compressed natural gas.
• CNG Hydraulic Booster Packages CNG hydraulic booster packages for compressed natural gas distribution applications.
• Compressed Biogas Applications Biogas compression solutions suitable for hazardous area operations with high uptime and reliability.
• Diaphragm Compressors for Hydrogen Applications High-pressure diaphragm compressors for hydrogen mobility and industrial gas compression systems, including Hydrogen Refuelling Stations.
• Hydrogen Refuelling Stations (HRS) High-pressure hydrogen compression solutions for hydrogen mobility applications, including a 1,000-bar HRS order secured by the company.
• Industrial Gearboxes High-quality cased gearboxes for turbines, mill drives, and heavy-duty industrial applications, including helical & bevel, high speed, planetary, and wind turbine gearboxes.
• Gears and Pinions for Indian Railways High-quality gears and pinions manufactured for Indian Railways for over 40 years.
• Loco Transmissions Hydro-mechanical transmissions designed and produced for mountain class locomotives and shunting locos.
• Forging Forging plant using a unique sustainable process to produce large forgings for industrial applications.
• Fabrication Fabrication of large structures for machines and packages with high dimensional accuracy.
• Tonalli Decentralized Food Waste Management Solution Decentralized food waste management solution that converts organic waste into biogas and organic fertilizer using proprietary BioBit Technology, aligned with India's Solid Waste Management Rules, 2026.
• Aftermarket Service and Spares (Care) Aftermarket spares, service, value-added offerings, and dealer network support across Air Conditioning & Refrigeration, Air Compressor, Process Gas System, and Transmission product lines.

Quantifiable outcome

• Record order inflow exceeding ₹2,000 crore in FY26
• +6 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• NobleExchange Environment SolutionscoreTechnology or Integration · 13 May 2026Technology partner for Tonalli waste-to-energy solution. NobleExchange provided technology expertise for the BioBit Technology used in decentralized food waste management, which converts organic waste into biogas and organic fertilizer through controlled anaerobic digestion.
• Indian Institute of Science (IISc) - Pravriddhi Product AcceleratorcoreTechnology or Integration · 25 February 2026Technical mentorship partner for HYDRINO development through IISc's Foundation for Science Innovation and Development's Pravriddhi accelerator program. Provided technical guidance for indigenous development of India's first oil-free water-injected screw compressor.
• Ministry of Heavy Industries, Government of IndiacoreOthers · 25 February 2026Grant funding provider for indigenous development of HYDRINO oil-free water-injected screw compressor. Represents government support for Make in India initiatives in industrial manufacturing.
• Ministry of Commerce and Industry, Government of IndiacoreOthers · 24 January 2026PLI scheme beneficiary for white goods sector (AC components manufacturing). Committed investment of unspecified amount as part of fourth round of PLI Scheme for White Goods, targeting AC component manufacturers with Rs 863 crore combined investment by five selected companies.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Howden Group: UK-based manufacturer of compression and rotating equipment serving oil & gas, power generation, and industrial sectors. Direct overlap with KPCL's process gas systems and industrial compressors portfolio.
• ELGI Equipments: India-listed compressor manufacturer with overlapping product lines including oil-injected and oil-free screw compressors, reciprocating compressors, and aftermarket service. Both compete for Indian industrial customers and have comparable distribution models.
• Gardner Denver (now Ingersoll Rand Industrial): Global compressor and blower manufacturer with strong oil & gas process gas compression overlap with KPCL. Competes in upstream, midstream, and downstream oil and gas compression applications.
• Sulzer: Swiss pump and compressor manufacturer with process gas compression and industrial pump offerings. Direct overlap with KPCL in process gas systems, oil & gas applications, and packaged compressor solutions.
• Kaeser Compressors: German compressor specialist with India operations, known for oil-free rotary screw compressors and energy-efficient systems. Competes head-to-head with KPCL in segments requiring ISO 8573 Class 0 oil-free air.
• Atlas Copco (India): Indian subsidiary of the global compressor and industrial tools leader. Directly competes with KPCL across reciprocating, screw, and centrifugal air compressors, as well as process gas compression. Both target pharma, food processing, and general manufacturing customers.
• Ingersoll Rand (India): Global compressor major with significant India presence, offering oil-free and oil-injected screw compressors, centrifugal compressors, and process gas systems. Directly competes with KPCL's HYDRINO and broader compression portfolio in pharma, food, and electronics.

Broad incumbents

• Trane Technologies (India): Global HVAC&R major with India operations including Trane and Thermo King brands. Competes in commercial and industrial refrigeration, chillers, and HVAC systems where KPCL also operates, but with a much broader product and geographic portfolio.

Emerging players

• Man Turbo (MAN Energy Solutions): Global turbomachinery and compressor manufacturer focused on oil & gas, petrochemical, and process industries. Overlaps with KPCL's process gas systems and large reciprocating compressor packages for petrochemical customers.

Regional players

• Crompton Greaves Consumer Electricals (Industrial): Indian engineering company with industrial motors, pumps, and power transmission products. Comparable in its India footprint and industrial customer base to KPCL's transmission and motor-adjacent product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kirloskar-pneumatic-company-limited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kirloskar Pneumatic