NSE: KSB · BSE: 500249 · ISIN INE999A01023
Ksb Limited stock analysis
Ksb Limited ranks #1734 in the TickerSutra evidence-ranked universe with a score of 51/100 and 95% data confidence. The latest captured fundamentals show ROCE of 24.7%, quarterly sales growth of 3.6% and quarterly profit growth of -18.8%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 24.7%
- Low debt/equity of 0×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2021 | ₹1,497cr | ₹210cr | ₹149cr | 14.0% |
| 2022 | ₹1,822cr | ₹247cr | ₹183cr | 14.0% |
| 2023 | ₹2,247cr | ₹294cr | ₹209cr | 13.0% |
| 2024 | ₹2,533cr | ₹340cr | ₹247cr | 13.0% |
| 2025 | ₹2,696cr | ₹377cr | ₹270cr | 14.0% |
| TTM | ₹2,726cr | ₹347cr | ₹246cr | 13.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
RoutineOther Restructuring-XBRLNSE · 28 Sept 2026 · Structured filingKSB LIMITED has informed the Exchange regarding Other Restructuring
KSB LIMITED has informed the Exchange regarding Other Restructuring
Open original XBRL sourceVoluntary Strike off of Pofran Sales and Agency Limited.
RoutineGeneral UpdatesNSE · 28 Sept 2026Ksb Limited has informed the Exchange about Voluntary Strike off of Pofran Sales and Agency Limited
RoutineTrading WindowNSE · 28 Sept 2026Ksb Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
MANAGEMENT COMMENTARY
Signals from filed documents
This presentation may contain certain forward -looking statements relating to company’s future business developments and economic performance. Such state ments may be subject to number of risks, uncertainties and other important factors, such as but not limited to competitive pressure; legislative and regulatory development; global macroeconomic and political trend; fluctuations in currency exchange rates and general
This presentation may contain certain forward -looking statements relating to company’s future business developments and economic performance. Such state ments may be subject to number of risks, uncertainties and other important factors, such as but not limited to competitive pressure; legislative and regulatory development; global macroeconomic and political trend; fluctuations in currency exchange rates and general
Petrochemical, gas separation and processing application, we see lot of opportunity into these areas also with recent changes of government policies. Petrochemical capacity expansion project, refinery process pump applications and strengthened presence in large scale domestic and international petrochemical inv estments. And you can see the product range which is already available.
Rajeev Jain: Potential, I think, as KSB is one of the main global manufacturing hub, the potential is high. But as, these external situations, become more and more, I think, disturbing factors to disturb that export growth. market, we went there, then the tariffs came, and then some orders got cancelled.
It is something which we’ll have to be selective on. KSB Limited (KSB) Institutional Investors Meet August 19, 2026 Page 14 of 30 And in the first half, we were successful in breaking the jinx of the boiler circulating pumps. And these were pumps we imported from overseas and, now, our share will increase considerably for all the supercritical because again, as usual, KSB is the only localized supplier of this produc
So we took a while to kind of come to some agreement with them. We had to pass on price increases to them as well. So from the supply side, now we see almost 85% to 90% stability on this front.
The second half should be much better. Unidentified Analyst: And the inventory build-up, we see lot of finished goods like working progress which has been so what is it related? Is it to export or that is a nuclear pump which is… Rajeev Jain: It is mainly due to the export orders, which is still waiting for clearances.
Margin depends on what the market can offer and opportunity can offer and the customer can accept. Of course, if you talk spare parts are the higher margins business. Gross margins are much higher , 2 times, 3 times of our normal business, whatever we do for the new pumps.
Unidentified Analyst: And the inventory build-up, we see lot of finished goods like working progress which has been so what is it related? Is it to export or that is a nuclear pump which is… Rajeev Jain: It is mainly due to the export orders, which is still waiting for clearances. There are some inventory due to the FGD business which suddenly closed down.
But general answer to your question would be aftermarket business has much higher margins. And our strategic business has the lower margins. And in between is our day to day and regular business.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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