KSB Ltd
KSB Ltd manufactures a range of standard Industrial end suction and high-pressure multistage pumps, submersible motor pumps and monoblock pumps and other value-added parts, for the agricultural, waste-water treatment, energy (nuclear and conventional power), and oil and gas sectors, as well as other industries.[1]
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 29.2%
Weaknesses
- −Stock is trading at 9.04 times its book value
- −Debtor days have increased from 97.1 to 118 days.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% | 69.8% |
| FIIs | 5.38% | 5.35%▼0.0 | 5.33%▼0.0 | 4.86%▼0.5 | 4.68%▼0.2 | 4.58%▼0.1 | 4.52%▼0.1 | 4.66%▲0.1 |
| DIIs | 10.07% | 10.23%▲0.2 | 10.62%▲0.4 | 11.07%▲0.5 | 11.4%▲0.3 | 11.57%▲0.2 | 11.95%▲0.4 | 11.64%▼0.3 |
| Public | 14.74% | 14.61%▼0.1 | 14.26%▼0.3 | 14.28%▲0.0 | 14.13%▼0.1 | 14.05%▼0.1 | 13.75%▼0.3 | 13.89%▲0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 603 | 544 | 646 | 616 | 726 | 595 | 667 | 650 | 784 | 601 |
| Expenses | 522 | 483 | 555 | 529 | 628 | 528 | 575 | 565 | 654 | 550 |
| Operating Profit | 81 | 61 | 91 | 88 | 98 | 68 | 91 | 85 | 130 | 51 |
| OPM % | 13% | 11% | 14% | 14% | 14% | 11% | 14% | 13% | 17% | 8% |
| Net Profit | 53 | 43 | 69 | 59 | 70 | 49 | 73 | 65 | 78 | 37 |
| EPS ₹ | 3.03 | 2.48 | 3.94 | 3.41 | 4.02 | 2.82 | 4.18 | 3.73 | 4.47 | 2.14 |
AI Insights
TTM revenue at ₹2,702Cr, up 0.2% YoY. OPM at 13%.
Borrowings at ₹5Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
CWIP at ₹92Cr (20% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 11.64% (+1.34pp change). FIIs: 4.66% (+1.23pp change). Promoters hold 69.8%.
ROCE improving from 20% (Dec 2014) to 25% (Dec 2025). Working capital days: 104.
PE 54.2x with 25.2% ROCE. Price is 803% above book value of ₹92.7. Dividend yield: 0.53%.
Recent Announcements
- Addendum To The Notice Of The 66Th Annual General Meeting Of The Company. 12 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - Q1 FY26 sales rose to ₹601.3 crore; order wins from Kazakhstan, NTPC, IOCL, and DMRC approval.
- Rectification In Covering Letter Of The Outcome Of Board Meeting 30 Apr - KSB approved Q4 FY26 unaudited results, noted PwC resignation, and proposed BSR & Co. LLP as auditor.
- Rectification In Covering Letter Of Results Filed For Quarter Ended 31 March 2026 30 Apr - KSB announced Q4 FY26 unaudited results and auditor limited review report on 30 April 2026.
- Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 30 Apr - Price Waterhouse resigned as statutory auditor; B S R & Co. LLP appointed on April 30, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2024 from bse