Kirloskar Pneumatic Rs 1070
Kirloskar Pneumatic (KPCL) manufactures Refrigeration & AC compressors (~40% revenue contribution), CNG & Gas compressors (30–35%), Air Compressors (~20%). Main user industries are petrochem, O&G, fertilizers, chemicals, food, pharma, cold chains, CNG and biogas.
A big positive in current global uncertainty: 90%+ revenues are from India. Exports are limited (~8% in FY26E). KPCL is increasingly focused on import substitution, which fits well with policy and customer preferences.
