Financial Highlights - Q2FY27 (Consolidated)

  • Revenue: ₹2,523 crore
  • EBITDA: ₹193 crore
  • Profit Before Tax (PBT): ₹167 crore
  • Profit After Tax (PAT): ₹125 crore
  • EPS: ₹11.59 (not annualized)
  • Exceptional gain of ₹23.02 crore on sale of MedTech business

Financial Highlights - H1FY27 (Consolidated)

  • Revenue: ₹4,697 crore
  • EBITDA: ₹334 crore
  • Profit Before Tax (PBT): ₹287 crore
  • Profit After Tax (PAT): ₹215 crore
  • EPS: ₹19.96 (not annualized)
  • Exceptional gain of ₹32.19 crore, comprising ₹23.02 crore from MedTech business sale and ₹9.17 crore profit on sale of property

Segment Performance - Q2FY27

Electro-Mechanical Projects and Commercial Air Conditioning Systems

  • Robust revenue growth in product business
  • Subdued performance in project business due to execution delays
  • Margins under pressure as material cost escalations could not be fully passed on
  • US heat pump supplies continued despite supply chain and logistics challenges
  • Order enquiry remains strong with expectation of significant growth in order inflows

Unitary Products

  • Extended summer supported strong demand for Room ACs
  • Margins under pressure as only part of material cost escalation could be passed on despite periodic price increases
  • Commercial Refrigeration business seeing revival in demand for Deep Freezers, Bottled Water Dispensers and Storage Water Coolers

Professional Equipment & Industrial Solutions

  • Completed sale of MedTech business on August 31, 2026
  • Improved margins due to write-back of warranty provisions following cessation of MedTech product-related obligations
  • Industrial Solutions business continued steady growth supported by demand from manufacturing and testing sectors

Balance Sheet Position - H1FY27

  • Net cash position: ₹1,123 crore
  • Strong liquidity position maintained

ESG Practices

Environmentally Responsible Operations

  • Eco-conscious product innovation with focus on energy-efficient designs, green refrigerants, inverter compressors, and reusable packaging
  • Green infrastructure with IGBC-certified offices/plants (Thane, Wada, Sri City, Dadra), Net Zero Energy Platinum (Sakinaka Office)
  • GreenCo certification secured for Wada; Sri City certification in progress
  • Sustainable manufacturing with 6 MWp solar system supplying ~15% of energy; 1.2 MWp captive under commissioning
  • Use of battery-operated forklifts, BLDC/IE motors, natural lighting, HVAC upgrades, rainwater harvesting, and retrofitting
  • Circular economy initiatives including e-waste compliance, PCB reuse, and product refurbishment (MRI, AC&R)

Social Responsibility & Community Impact

  • Diversity & Inclusion: 16.67% female representation on Board; 11.66% in permanent employees; active DE&I policy
  • CSR Policy updated to include environment & sustainability as focus area
  • Skill development: Vocational training for 500+ youth and 375 apprentices across India; STEM camps and labs benefiting 6,000+ tribal students
  • Education & Health: Support to 2,100+ students across 10 government schools in Himachal; 12,000+ students in Palghar screened and provided eyewear; 350+ scholars supported under Mohan T Advani Centennial Scholarship
  • Women empowerment: Vocational training for 500+ women in rural crafts, tailoring, digital marketing

Governance Excellence

  • Robust compliance framework with Code of Conduct and Whistle Blower Policy for employees and associates
  • Integrated Governance, Risk & Compliance (GRC) policy based on COSO 2017
  • Board diversity with balanced representation of Executive & Non-Executive Directors
  • High disclosure standards with strong internal controls, Enterprise Risk Management, and ethical transparency
  • Integrated vigil mechanism and industry-leading practices in Enterprise Risk Management, Related Party Transactions, and Internal Financial Controls

Forward Looking Statement Disclosure

The presentation contains forward-looking statements regarding financial position, business strategy, management plans and objectives for future operations, identified by words such as 'believes,' 'estimates,' 'anticipates,' 'expects,' 'intends,' 'may,' 'will,' 'plans,' 'outlook.' These statements are dependent on assumptions that may be incorrect or imprecise and actual results could differ materially due to various events, risks, uncertainties and other factors.

Corporate Leadership

Chairmen Emeriti: Ashok M Advani, Suneel M Advani

Board of Directors:

  • Vir S Advani (Chairman & Managing Director, KMP)
  • B Thiagarajan (Managing Director, KMP)
  • Mohit Sud (Executive Director, KMP)
  • Rajiv R Lulla (Non-Executive Director)
  • Sunaina Murthy (Non-Executive Director)
  • Dinesh Vaswani (Non-Executive Director)
  • M S Unnikrishnan (Independent Director)
  • Anil Harish (Independent Director)
  • G Murlidhar (Independent Director)
  • Vipin Sondhi (Independent Director)