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]
- Market Cap ₹ 15,103 Cr.
- Current Price ₹ 868
- High / Low ₹ 1,060 / 559
- Stock P/E 69.4
- Book Value ₹ 77.6
- Dividend Yield 0.40 %
- ROCE 23.3 %
- ROE 17.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 24.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 29.0%
- Promoter holding has increased by 3.11% over last quarter.
Cons
- Stock is trading at 11.2 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Pumps
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
714 | 731 | 802 | 819 | 826 | 946 | 1,093 | 1,294 | 1,208 | 1,497 | 1,822 | 2,247 | 2,356 | |
621 | 629 | 701 | 713 | 720 | 838 | 965 | 1,142 | 1,039 | 1,287 | 1,575 | 1,954 | 2,054 | |
Operating Profit | 93 | 102 | 101 | 106 | 106 | 108 | 128 | 152 | 169 | 210 | 247 | 294 | 303 |
OPM % | 13% | 14% | 13% | 13% | 13% | 11% | 12% | 12% | 14% | 14% | 14% | 13% | 13% |
14 | 12 | 23 | 24 | 29 | 35 | 24 | 40 | 33 | 40 | 50 | 42 | 46 | |
Interest | 5 | 3 | 2 | 2 | 3 | 4 | 4 | 5 | 3 | 5 | 6 | 5 | 5 |
Depreciation | 24 | 27 | 28 | 28 | 29 | 31 | 40 | 46 | 42 | 44 | 45 | 50 | 52 |
Profit before tax | 79 | 86 | 94 | 100 | 103 | 108 | 109 | 140 | 157 | 201 | 245 | 280 | 292 |
Tax % | 30% | 33% | 34% | 36% | 33% | 34% | 34% | 28% | 40% | 26% | 25% | 26% | |
64 | 67 | 68 | 69 | 69 | 71 | 72 | 101 | 94 | 149 | 183 | 209 | 218 | |
EPS in Rs | 3.65 | 3.84 | 3.93 | 3.95 | 3.94 | 4.07 | 4.12 | 5.79 | 5.39 | 8.59 | 10.50 | 12.00 | 12.51 |
Dividend Payout % | 30% | 29% | 28% | 28% | 28% | 29% | 29% | 28% | 32% | 29% | 29% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 23% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 24% |
3 Years: | 30% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 46% |
3 Years: | 49% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
Reserves | 433 | 477 | 522 | 568 | 625 | 676 | 723 | 794 | 856 | 976 | 1,108 | 1,267 | 1,316 |
17 | 3 | 24 | 1 | 7 | 13 | 43 | 60 | 62 | 3 | 3 | 3 | 3 | |
269 | 284 | 332 | 347 | 321 | 354 | 449 | 547 | 588 | 596 | 679 | 761 | 879 | |
Total Liabilities | 754 | 799 | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,232 |
158 | 181 | 191 | 194 | 219 | 308 | 321 | 307 | 318 | 311 | 350 | 419 | 424 | |
CWIP | 27 | 8 | 10 | 14 | 16 | 4 | 4 | 34 | 25 | 39 | 25 | 32 | 37 |
Investments | 43 | 48 | 50 | 51 | 54 | 58 | 60 | 64 | 66 | 70 | 74 | 80 | 81 |
526 | 561 | 663 | 691 | 699 | 707 | 865 | 1,030 | 1,130 | 1,190 | 1,375 | 1,535 | 1,691 | |
Total Assets | 754 | 799 | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,232 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
126 | 105 | 112 | 58 | -25 | 77 | 202 | 171 | 62 | 38 | 142 | ||
-39 | -11 | -33 | -61 | 39 | -86 | -152 | -101 | 2 | -12 | 5 | ||
-68 | -39 | -48 | -23 | -21 | 2 | -4 | -32 | -95 | -51 | -59 | ||
Net Cash Flow | 20 | 56 | 31 | -26 | -7 | -6 | 46 | 39 | -30 | -25 | 88 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 75 | 63 | 82 | 80 | 72 | 98 | 97 | 84 | 81 | 68 | 81 | 80 |
Inventory Days | 197 | 194 | 193 | 171 | 200 | 193 | 196 | 170 | 212 | 195 | 207 | 184 |
Days Payable | 114 | 138 | 147 | 145 | 142 | 139 | 141 | 127 | 155 | 129 | 116 | 98 |
Cash Conversion Cycle | 158 | 120 | 127 | 106 | 130 | 153 | 152 | 127 | 138 | 134 | 172 | 165 |
Working Capital Days | 63 | 41 | 56 | 40 | 60 | 88 | 85 | 54 | 44 | 54 | 76 | 77 |
ROCE % | 17% | 18% | 17% | 17% | 17% | 16% | 15% | 16% | 18% | 21% | 23% | 23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
30 Sep - Completion of tenure for Independent Directors Mr. Damania and Mr. Shah.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Sep
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Closure of Trading Window
25 Sep - Closure of trading window from 01st October 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Aug - Newspaper publication copy confirming the dispatch of Postal Ballot notice.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
27 Aug - Appointment of Mr. Ulhas Yargop and Mr. Vishal Kampani as independent directors.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Aug 2024Transcript PPT
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Mar 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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Mar 2023Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Nov 2021TranscriptNotesPPT
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Sep 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
Product Offerings
The company offers a comprehensive range of KSB pumps and valves for various industries. It fulfills demands of customers present in water, energy, agriculture, construction, Oil & Gas, and process Industries.
It also offers services & spare parts and training for O&M of its pumps & valves.[1]