Kirloskar Pneumatic Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹9,414 Cr
- Book Value
- ₹193
- Stock P/E
- 34.5
- Dividend Yield
- 0.83%
- ROE
- 22.7%
- ROCE
- 30.3%
- PEG Ratio
- 1.03
- EV/EBITDA
- 23.4
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Kirloskar Pneumatic share price today
Kirloskar Pneumatic (NSE: KIRLPNU) compresses the gas economy into being: CNG station compressors (the machines behind India’s city-gas rollout), industrial air and gas compression, refrigeration systems for cold chains and process industries, and transmission products. As city-gas distribution licences blanket the country and LNG/CNG corridors extend, someone must compress all of it — and Kirloskar Pneumatic is the domestic specialist with the reference list.
The record shows the cycle arriving: 33.5% five-year profit CAGR, 30.3% ROCE, zero debt. At 34.5× with a PEG of 1.03, our universe tags it wait — a focused engineering franchise fairly priced for its cycle, worth owning cheaper.
Compression as infrastructure
CNG infrastructure is policy-mandated: city-gas licensing rounds commit operators to minimum station counts, each station needs compression packages, and the vendor list for proven, service-supported machines is short. Beyond CNG, the same engineering wins industrial gas, refrigeration (ammonia/CO₂ systems as fluorocarbons phase down) and marine/defence compression niches. The Kirloskar group’s engineering heritage supplies the brand trust tender committees reward.
Watch-items: CGD (city-gas) capex cadence, order-book conversion pace, competition from global packagers, and gas-price economics keeping CNG’s cost advantage alive.
The numbers
From our research universe snapshot (5 Aug 2026):
| Metric | Value |
|---|---|
| Market cap | ₹9,414 Cr |
| P/E (TTM) | 34.5 |
| EV/EBITDA | 23.4 |
| Operating margin | 20.8% |
| ROE / ROCE | 22.7% / 30.3% |
| Debt to equity | 0.00 |
| Sales CAGR (5y) | 16.4% |
| Profit CAGR (5y) | 33.5% |
| Promoter holding | 38.8% |
| EPS (TTM) | ₹42.05 |
Kirloskar Pneumatic share price target 2026 to 2030
EPS base ₹42.05 (TTM). Bear: CGD capex slows with gas economics — 8% growth, multiple at 20×. Base: the gas buildout compounds orders — 14% growth at 28×. Bull: refrigeration transition adds a second engine — 19% growth at 35×.
| Year | Bear (20×, +8%) | Base (28×, +14%) | Bull (35×, +19%) |
|---|---|---|---|
| 2026 | ₹908 | ₹1,340 | ₹1,750 |
| 2027 | ₹981 | ₹1,530 | ₹2,085 |
| 2028 | ₹1,060 | ₹1,745 | ₹2,480 |
| 2029 | ₹1,145 | ₹1,990 | ₹2,950 |
| 2030 | ₹1,235 | ₹2,265 | ₹3,510 |
From ₹1,449, the base case is ≈ +56% over four and a half years plus a 0.8% yield; the bear is −15%. Policy-driven capex cycles reward patient entries — the range below marks where patience is paid.
Reasons to own Kirloskar Pneumatic (at the right price)
- CNG-station compression is policy-mandated demand — licences commit the capex.
- Zero debt with 30% ROCE through the investment phase.
- Refrigerant transition (ammonia/CO₂ systems) is a second regulatory tailwind.
- Short domestic vendor lists in service-critical compression niches.
- PEG 1.03 — the cycle is priced fairly, not euphorically.
The risks: CGD operators’ capex follows gas-price economics that can sour, order flow is tender-lumpy, and the 38.8% promoter holding is moderate for a group flagship niche.
Should you buy at the current price?
The live buy range below is for members — the gas buildout at pre-buildout prices.
FAQ
What is the Kirloskar Pneumatic share price target for 2030? Base case ≈ ₹2,265 (28× on 14% compounded growth), bear ≈ ₹1,235, bull ≈ ₹3,510. Arithmetic above.
What does Kirloskar Pneumatic supply to CNG stations? The compression packages that take pipeline gas to dispensing pressure — the heart of every station, sold with the service network that keeps uptime contractual.
What is the refrigeration opportunity? As fluorocarbon refrigerants phase down globally, industrial cooling shifts to ammonia and CO₂ systems — engineering-intensive machines squarely in Kirloskar Pneumatic’s competency.
When are Kirloskar Pneumatic’s next results? Track the exact date on our results calendar.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.