Kirloskar Pneumatic Share Price: 31.5% CAGR in 3 Years as This Compressor Maker Beats Pitti Engineering
- November 10, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Kirloskar Pneumatic Share Price: 31.5% CAGR in 3 Years as This Compressor Maker Beats Pitti Engineering
Kirloskar Pneumatic previous close Rs 630.30. 3-year CAGR 31.5%. Up 2.3x since 9 Nov 2023. ROE 20.13%. Market cap Rs 8,195 crore.
Quick Answer
The Kirloskar Pneumatic share price closed at Rs 630.30 on 9 November 2026, a compounded annual return of 31.5% over three years. That compares with Apar Industries at 39.9% and Pitti Engineering at 11.3%. The company has a market cap of Rs 8,195 crore and a P/E of 31.72 against an industry P/E of 42.98.
The Kirloskar Pneumatic share price has delivered a strong three-year run for a mid-sized industrial engineering company. Kirloskar Pneumatic Company, the Pune-based maker of compressors, heat exchangers and refrigeration equipment, has more than doubled investor money, backed by a high return on equity.
We compare that record with Apar Industries and Pitti Engineering. The article calculates three-year CAGR for all three and sets the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.
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How Much Has the Kirloskar Pneumatic Share Price Returned in 3 Years?
The Kirloskar Pneumatic stock closed at Rs 277.10 on 9 November 2023 and at Rs 630.30 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.27 lakh, which is a CAGR of 31.5%. This is a price return and leaves out dividends.
CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Kirloskar Pneumatic can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.
The Kirloskar Pneumatic share price has also tracked the pickup in industrial and infrastructure investment, where demand for compressors, process equipment and cooling systems tends to follow capital spending.
Kirloskar Pneumatic vs Apar Industries and Pitti Engineering: 3-Year CAGR Compared
The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.
| Company | Close on 9 Nov 2023 | Previous close (9 Nov 2026) | Price multiple | 3-year CAGR |
|---|---|---|---|---|
| Apar Industries | Rs 5,185.40 | Rs 14,205.00 | 2.7x | 39.9% |
| Kirloskar Pneumatic Company | Rs 277.10 | Rs 630.30 | 2.3x | 31.5% |
| Pitti Engineering | Rs 692.55 | Rs 953.95 | 1.4x | 11.3% |
The Kirloskar Pneumatic stock ranks second of the three at 31.5%. It sits ahead of Pitti Engineering (11.3%). The company ahead is Apar Industries (39.9%). Apar Industries leads the group, with Kirloskar Pneumatic in second place and Pitti Engineering behind. Apar is far larger by market cap, so the three are best read as different businesses with a shared link to industrial demand.
Look at the Kirloskar Pneumatic share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.
Valuation and Quality Compared
| Company | Market cap | P/E | Industry P/E | ROE | Debt to equity |
|---|---|---|---|---|---|
| Apar Industries | Rs 59,484 crore | 43.19 | 42.52 | 16.16% | 0.12 |
| Kirloskar Pneumatic Company | Rs 8,195 crore | 31.72 | 42.98 | 20.13% | 0.00 |
| Pitti Engineering | Rs 3,588 crore | 28.83 | 42.98 | 11.94% | 0.82 |
By market cap, Apar Industries is the largest of the group at Rs 59,484 crore, while the Kirloskar Pneumatic stock stands at Rs 8,195 crore, about 14% of that size. On earnings, Kirloskar Pneumatic shares trade at a P/E of 31.72 against an industry P/E of 42.98, a discount of about 26% to the sector, which leaves room if earnings keep growing. Peer multiples are Apar Industries at 43.19 and Pitti Engineering at 28.83.
Return on equity is 20.13% for the Kirloskar Pneumatic stock, which ranks first among the three, and debt to equity stands at 0.00. Trailing EPS is Rs 19.88. Capital goods companies are valued on order inflow and margins, so P/E should be read together with return on equity and the working capital the business needs.
What Is Driving the Kirloskar Pneumatic Stock?
Kirloskar Pneumatic makes air and gas compressors, heat exchangers, refrigeration and air conditioning equipment, and related industrial products for sectors such as oil and gas, power and process industries.
Equipment orders can take months to convert into revenue, so order inflow is a useful guide to future sales. Service and spares add a steadier stream of demand alongside new equipment.
Followers of the Kirloskar Pneumatic share price usually track order inflow, the order book, margins and demand from process industries.
How the Established Players Stack Up
Apar Industries makes aluminium and alloy conductors, power and specialty cables, and specialty oils, with a large share of sales going to exports. It compounded at 39.9% a year, on a market cap of Rs 59,484 crore and an ROE of 16.16%.
Pitti Engineering is a Hyderabad-based maker of laminations, motor components and machined parts for electric motors, railways and other sectors. It compounded at 11.3% a year, on a market cap of Rs 3,588 crore and an ROE of 11.94%.
What Should Investors Track Next?
Three things are worth watching on the Kirloskar Pneumatic share price. First, order inflow across its compressor and heat exchanger lines. Second, margins as raw material costs move. Third, the pace of conversion of the order book into revenue.
At a P/E of 32, the stock trades below the sector average. Capital goods demand can be cyclical, so size any position with that in mind.
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How to Compare Industrial Engineering Stocks Yourself
You can repeat this exercise for any pair of stocks, including the Kirloskar Pneumatic stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.
A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Kirloskar Pneumatic share price, the same four checks give a more complete picture than price alone.
Download the Univest iOS App or Univest Android App to track the Kirloskar Pneumatic share price and compare capital goods stocks live.
A Mid Sized Engineer With a High Return on Equity
The Kirloskar Pneumatic share price compounded at 31.5% a year over three years, ahead of Pitti Engineering at 11.3% and behind Apar Industries at 39.9%. Its ROE of 20.13% is the highest of the three, and it carries no debt.
Apar brings scale and a cable and conductor franchise, while Pitti brings a smaller component business. The choice depends on the exposure you prefer.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Kirloskar Pneumatic share price today?
Ans. Kirloskar Pneumatic Company closed at Rs 630.30 on 9 November 2026, according to NSE data. It has a market cap of Rs 8,195 crore and a P/E of 31.72. Check live quotes before acting, as prices change every trading day.
What is the 3-year CAGR of the Kirloskar Pneumatic stock?
Ans. Kirloskar Pneumatic Company delivered a price CAGR of 31.5% over three years, moving from Rs 277.10 on 9 November 2023 to Rs 630.30 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.
Is Kirloskar Pneumatic better than Apar Industries?
Ans. The Apar Industries stock delivered a higher three-year CAGR at 39.9% than Kirloskar Pneumatic at 31.5%. Apar is far larger by market cap at Rs 59,484 crore, while Kirloskar Pneumatic has the higher ROE at 20.13% against 16.16% and a lower P/E of 31.72. The better choice depends on whether you prefer scale or a higher return on equity.
What does Kirloskar Pneumatic Company do?
Ans. Kirloskar Pneumatic Company is a Pune-based maker of compressors, heat exchangers, refrigeration and air conditioning equipment for process industries.
Is the Kirloskar Pneumatic stock debt free?
Ans. The debt to equity ratio of the Kirloskar Pneumatic stock is 0.00 and its return on equity is 20.13%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.
Is Kirloskar Pneumatic expensive compared with the industry?
Ans. Kirloskar Pneumatic trades at a P/E of 31.72 against an industry P/E of 42.98. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.
Which industrial engineering stock gave the highest return in 3 years?
Ans. Among the companies compared here, Apar Industries delivered the highest three-year CAGR at 39.9%, followed by Kirloskar Pneumatic Company at 31.5%. Past returns do not guarantee future performance.
How do I calculate CAGR for a stock?
Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.