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 ₹ 14,908 Cr.
- Current Price ₹ 857
- High / Low ₹ 1,028 / 667
- Stock P/E 56.9
- Book Value ₹ 96.5
- Dividend Yield 0.51 %
- ROCE 24.7 %
- ROE 18.4 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 28.5%
Cons
- Stock is trading at 8.88 times its book value
- Debtor days have increased from 97.1 to 118 days.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 802 | 819 | 826 | 946 | 1,093 | 1,294 | 1,208 | 1,497 | 1,822 | 2,247 | 2,533 | 2,696 | 2,726 | |
| 701 | 713 | 720 | 838 | 965 | 1,142 | 1,039 | 1,287 | 1,575 | 1,954 | 2,193 | 2,319 | 2,379 | |
| Operating Profit | 101 | 106 | 106 | 108 | 128 | 152 | 169 | 210 | 247 | 294 | 340 | 377 | 347 |
| OPM % | 13% | 13% | 13% | 11% | 12% | 12% | 14% | 14% | 14% | 13% | 13% | 14% | 13% |
| 23 | 24 | 29 | 35 | 24 | 40 | 33 | 40 | 50 | 42 | 47 | 45 | 44 | |
| Interest | 2 | 2 | 3 | 4 | 4 | 5 | 3 | 5 | 6 | 5 | 3 | 3 | 4 |
| Depreciation | 28 | 28 | 29 | 31 | 40 | 46 | 42 | 44 | 45 | 50 | 54 | 58 | 60 |
| Profit before tax | 94 | 100 | 103 | 108 | 109 | 140 | 157 | 201 | 245 | 280 | 331 | 360 | 327 |
| Tax % | 34% | 36% | 33% | 34% | 34% | 28% | 40% | 26% | 25% | 26% | 25% | 25% | |
| 68 | 69 | 69 | 71 | 72 | 101 | 94 | 149 | 183 | 209 | 247 | 270 | 246 | |
| EPS in Rs | 3.93 | 3.95 | 3.94 | 4.07 | 4.12 | 5.79 | 5.39 | 8.59 | 10.50 | 12.00 | 14.22 | 15.54 | 14.11 |
| Dividend Payout % | 28% | 28% | 28% | 29% | 29% | 28% | 32% | 29% | 29% | 29% | 28% | 28% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 17% |
| 3 Years: | 14% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 25% |
| 3 Years: | 17% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 29% |
| 3 Years: | 17% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 17% |
| 3 Years: | 18% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 522 | 568 | 625 | 676 | 723 | 794 | 856 | 976 | 1,108 | 1,267 | 1,451 | 1,644 |
| 24 | 1 | 7 | 13 | 43 | 60 | 62 | 3 | 3 | 3 | 3 | 5 | |
| 332 | 347 | 321 | 354 | 449 | 547 | 588 | 596 | 679 | 761 | 859 | 1,109 | |
| Total Liabilities | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,348 | 2,793 |
| 191 | 194 | 219 | 308 | 321 | 307 | 318 | 311 | 350 | 419 | 438 | 462 | |
| CWIP | 10 | 14 | 16 | 4 | 4 | 34 | 25 | 39 | 25 | 32 | 55 | 92 |
| Investments | 50 | 51 | 54 | 58 | 60 | 64 | 66 | 70 | 74 | 80 | 88 | 97 |
| 663 | 691 | 699 | 707 | 865 | 1,030 | 1,130 | 1,190 | 1,375 | 1,535 | 1,767 | 2,143 | |
| Total Assets | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,348 | 2,793 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 112 | 58 | -25 | 77 | 202 | 171 | 62 | 38 | 142 | 187 | 93 | ||
| -33 | -61 | 39 | -86 | -152 | -101 | 2 | -12 | 5 | -146 | 50 | ||
| -48 | -23 | -21 | 2 | -4 | -32 | -95 | -51 | -59 | -65 | -72 | ||
| Net Cash Flow | 31 | -26 | -7 | -6 | 46 | 39 | -30 | -25 | 88 | -24 | 71 | |
| Free Cash Flow | 76 | -21 | -107 | 36 | 157 | 122 | 25 | -67 | 49 | 88 | -0 | |
| CFO/OP | 133% | 93% | 18% | 92% | 157% | 126% | 66% | 40% | 72% | 75% | 53% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 80 | 72 | 98 | 97 | 84 | 81 | 68 | 81 | 80 | 94 | 118 |
| Inventory Days | 193 | 171 | 200 | 193 | 196 | 170 | 212 | 195 | 207 | 184 | 165 | 197 |
| Days Payable | 147 | 145 | 142 | 139 | 141 | 127 | 155 | 129 | 116 | 98 | 95 | 111 |
| Cash Conversion Cycle | 127 | 106 | 130 | 153 | 152 | 127 | 138 | 134 | 172 | 165 | 163 | 204 |
| Working Capital Days | 45 | 40 | 57 | 83 | 71 | 37 | 26 | 54 | 76 | 77 | 83 | 104 |
| ROCE % | 17% | 17% | 17% | 16% | 15% | 16% | 18% | 21% | 23% | 23% | 24% | 25% |
Insights
In beta| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Market Share in Indian Pumps Industry % ・Standalone data |
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| Order Intake (Excluding Nuclear) INR Million |
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| Orders on Hand (Excluding Nuclear) INR Million |
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| Export Order Intake INR Million |
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| Solar Pumps Order Intake INR Million |
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| SupremeServ (Aftermarket) Order Intake INR Million |
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| Authorized Service Centers Count |
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Extracted by Screener AI
Documents
Announcements
- Financial Results For The Quarter And Half Year Ended June 30, 2026. 2h
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Board Meeting Outcome for For The Board Meeting Held On 4Th August, 2026
2h - KSB Ltd announced unaudited results and limited review report for quarter and half year ended 30 June 2026.
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Board Meeting Intimation for The Meeting Scheduled To Be Held On 4Th August, 2026.
22 Jul - Board meets 4 Aug 2026 to approve Q1 and half-year unaudited results; trading window closed.
- Closure of Trading Window 24 Jun
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 22 May
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2024
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Financial Year 2023
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Financial Year 2023
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Financial Year 2022
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Financial Year 2022
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Financial Year 2021
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Financial Year 2021
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Financial Year 2020
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Financial Year 2020
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Financial Year 2019
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Financial Year 2019
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Financial Year 2018
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Financial Year 2018
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Concalls
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Mar 2026Transcript PPT
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Nov 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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Sep 2025Transcript PPT
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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Mar 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Mar 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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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 2021TranscriptAI SummaryPPT
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Sep 2019TranscriptAI SummaryPPT
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Jul 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Mar 2019TranscriptAI SummaryPPT
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Mar 2019TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
Business Profile[1]
KSB Limited is a prominent player in the pump and valve industry, serving diverse sectors such as energy, water, wastewater, construction, and general industries. Founded in 1960 and headquartered in Pune, Maharashtra, the company has established itself as a key player with a robust presence in domestic and international markets.