Board Meeting Details

The Board of Directors meeting was held on October 27, 2026, commencing at 11:30 AM IST and concluding at 1:30 PM IST.

Financial Results Approval

The Board approved:

  • Unaudited Standalone and Consolidated Financial Results for quarter and half year ended September 30, 2026
  • Standalone and Consolidated Segment Wise Report
  • Standalone and Consolidated Statement of Assets and Liabilities
  • Standalone and Consolidated Cash Flow Statement
  • Limited Review Report from Kirtane & Pandit LLP, Chartered Accountants

Standalone Financial Performance (₹ in Million)

Quarter Ended September 30, 2026

  • Revenue from operations: ₹3,197 (vs ₹3,781 in Q2 FY26)
  • Other Income: ₹80 (vs ₹68 in Q2 FY26)
  • Total Income: ₹3,277 (vs ₹3,849 in Q2 FY26)
  • Profit before exceptional items & tax: ₹396 (vs ₹570 in Q2 FY26)
  • Exceptional items: ₹110 gain
  • Profit before tax: ₹506 (vs ₹570 in Q2 FY26)
  • Tax expense: ₹108
  • Profit for the period: ₹398 (vs ₹432 in Q2 FY26)
  • Total Comprehensive Income: ₹382 (vs ₹341 in Q2 FY26)
  • EPS basic: ₹3.07 (vs ₹3.33 in Q2 FY26)
  • EPS diluted: ₹3.06 (vs ₹3.32 in Q2 FY26)

Half Year Ended September 30, 2026

  • Revenue from operations: ₹6,200 (vs ₹6,501 in H1 FY26)
  • Other Income: ₹159 (vs ₹150 in H1 FY26)
  • Total Income: ₹6,359 (vs ₹6,651 in H1 FY26)
  • Profit before exceptional items & tax: ₹852 (vs ₹938 in H1 FY26)
  • Exceptional items: ₹110 gain
  • Profit before tax: ₹962 (vs ₹938 in H1 FY26)
  • Tax expense: ₹223
  • Profit for the period: ₹739 (vs ₹713 in H1 FY26)
  • Total Comprehensive Income: ₹935 (vs ₹829 in H1 FY26)
  • EPS basic: ₹5.69 (vs ₹5.49 in H1 FY26)
  • EPS diluted: ₹5.68 (vs ₹5.48 in H1 FY26)

Segment Performance (Standalone)

Compression Systems Segment

  • Q2 FY27 Revenue: ₹3,005 million
  • Q2 FY27 Profit before tax and interest: ₹614 million
  • Capital Employed: ₹2,990 million

Total Company

  • Q2 FY27 Profit before tax: ₹506 million
  • Total Capital Employed: ₹12,927 million

Capital Structure Changes

  • Allotment of 9,700 equity shares of face value ₹1 each to eligible employees under 'KPCL Employee Stock Option Scheme 2019'
  • Shares rank pari-passu with existing equity shares
  • Issued, subscribed and paid-up share capital increased to ₹12,99,69,580 comprising 12,99,69,580 equity shares of ₹1 each
  • During H1 FY27, company allotted 43,500 equity shares under ESOS 2019 scheme, with 33,500 shares listed on stock exchanges on October 19, 2026

Exceptional Items

  • Gain of ₹110 million recorded in Q2 FY27 due to acquisition of 7,200 square meters of company-owned land at Nashik by Maharashtra State Infrastructure Development Corporation for proposed Ring Road Project
  • Previous year impact from implementation of New Labour Codes by Government of India

Share Subdivision

The company sub-divided its one equity share of face value ₹2 each into two equity shares of face value ₹1 each on record date August 18, 2026. All EPS figures computed based on new number of shares.

Consolidated Financial Performance (₹ in Million)

Quarter Ended September 30, 2026

  • Revenue from operations: ₹3,263 (vs ₹3,864 in Q2 FY26)
  • Other Income: ₹81 (vs ₹72 in Q2 FY26)
  • Total Income: ₹3,344 (vs ₹3,936 in Q2 FY26)
  • Profit before exceptional items & tax: ₹395 (vs ₹574 in Q2 FY26)
  • Exceptional items: ₹110 gain
  • Profit before tax: ₹505 (vs ₹574 in Q2 FY26)
  • Tax expense: ₹73
  • Profit for the period: ₹432 (vs ₹501 in Q2 FY26)
  • Profit attributable to equity holders: ₹435
  • Total Comprehensive Income: ₹384 (vs ₹347 in Q2 FY26)
  • EPS basic: ₹3.35 (vs ₹3.86 in Q2 FY26)
  • EPS diluted: ₹3.34 (vs ₹3.85 in Q2 FY26)

Half Year Ended September 30, 2026

  • Revenue from operations: ₹6,294 (vs ₹6,681 in H1 FY26)
  • Other Income: ₹162 (vs ₹156 in H1 FY26)
  • Total Income: ₹6,456 (vs ₹6,837 in H1 FY26)
  • Profit before exceptional items & tax: ₹447 (vs ₹914 in H1 FY26)
  • Exceptional items: ₹110 gain
  • Profit before tax: ₹557 (vs ₹914 in H1 FY26)
  • Tax expense: ₹125
  • Profit for the period: ₹432 (vs ₹789 in H1 FY26)
  • Profit attributable to equity holders: ₹434
  • Total Comprehensive Income: ₹384 (vs ₹806 in H1 FY26)
  • EPS basic: ₹3.34 (vs ₹6.07 in H1 FY26)
  • EPS diluted: ₹3.33 (vs ₹6.06 in H1 FY26)

Subsidiary Acquisitions

  • On May 4, 2026: Acquired additional 44.74% equity stake in SCIPL for ₹125.50 million, making it 100% subsidiary
  • On August 3, 2026: Acquired 99.49% equity stake in Kirloskar South East Asia Co Ltd for ₹49.45 million, making it a subsidiary
  • Both acquisitions accounted as business combinations under Ind AS 103 and Ind AS 110

Auditor Review

Kirtane & Pandit LLP, Chartered Accountants conducted limited review of both standalone and consolidated financial results and issued unmodified review reports dated October 27, 2026.

Financial Position (Standalone as at September 30, 2026)

  • Total Assets: ₹17,618 million
  • Total Equity: ₹12,927 million
  • Non-current assets: ₹5,445 million
  • Current assets: ₹12,173 million
  • Inventories: ₹2,746 million
  • Trade receivables: ₹3,715 million
  • Cash and cash equivalents: ₹673 million

Cash Flows (Standalone H1 FY27)

  • Net cash inflow from operating activities: ₹1,401 million
  • Net cash outflow from investing activities: ₹1,315 million
  • Net cash outflow from financing activities: ₹543 million
  • Net decrease in cash and cash equivalents: ₹457 million