KSH International Ltd
Incorporated in 1979, KSH International Limited is the third-largest manufacturer and the largest exporter of magnet winding wires in India.[1]
- Market Cap ₹ 5,380 Cr.
- Current Price ₹ 793
- High / Low ₹ 857 / 330
- Stock P/E 48.3
- Book Value ₹ 119
- Dividend Yield 0.00 %
- ROCE 21.4 %
- ROE 20.1 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 50.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE IPO BSE Industrials Nifty IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 470 | 871 | 1,049 | 1,383 | 1,928 | 3,107 | |
| 445 | 820 | 998 | 1,311 | 1,805 | 2,915 | |
| Operating Profit | 25 | 51 | 51 | 72 | 123 | 192 |
| OPM % | 5% | 6% | 5% | 5% | 6% | 6% |
| 6 | 5 | 7 | 8 | 10 | 20 | |
| Interest | 7 | 10 | 15 | 18 | 29 | 44 |
| Depreciation | 6 | 6 | 8 | 11 | 14 | 22 |
| Profit before tax | 18 | 40 | 35 | 51 | 90 | 146 |
| Tax % | 20% | 27% | 25% | 26% | 25% | 25% |
| 15 | 29 | 27 | 37 | 68 | 110 | |
| EPS in Rs | 255.37 | 514.78 | 468.32 | 657.34 | 11.97 | 16.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 44% |
| TTM: | 61% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 61% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 28 | 34 |
| Reserves | 136 | 165 | 188 | 225 | 270 | 774 |
| 86 | 146 | 129 | 214 | 366 | 321 | |
| 47 | 52 | 36 | 38 | 80 | 193 | |
| Total Liabilities | 274 | 369 | 359 | 483 | 745 | 1,323 |
| 87 | 88 | 107 | 140 | 133 | 313 | |
| CWIP | 1 | 11 | 9 | 7 | 108 | 52 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 186 | 270 | 242 | 336 | 504 | 958 | |
| Total Assets | 274 | 369 | 359 | 483 | 745 | 1,323 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 5 | -44 | 62 | -17 | -10 | -65 | |
| -1 | -13 | -20 | -39 | -118 | -179 | |
| 6 | 51 | -41 | 67 | 123 | 306 | |
| Net Cash Flow | 10 | -6 | 2 | 11 | -5 | 62 |
| Free Cash Flow | 5 | -44 | 40 | -57 | -130 | -228 |
| CFO/OP | 28% | -67% | 138% | -7% | 9% | -17% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 87 | 54 | 38 | 42 | 42 | 39 |
| Inventory Days | 36 | 49 | 43 | 39 | 45 | 56 |
| Days Payable | 29 | 15 | 6 | 4 | 6 | 16 |
| Cash Conversion Cycle | 95 | 88 | 75 | 78 | 82 | 79 |
| Working Capital Days | 36 | 27 | 30 | 28 | 27 | 39 |
| ROCE % | 18% | 16% | 18% | 21% | 21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Annual Installed Production Capacity Metric Tonnes (MTPA) |
|
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| Magnet Winding Wires Sales Volume Metric Tonnes (MT) |
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| Capacity Utilization % |
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| Number of Invoiced Customers Number |
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| Indian Magnet Winding Wire Market Share (by Production Volume) % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Submitted Annual Secretarial Compliance Report for FY2026; one employee pledged shares during trading window closure.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 May - Audio recording of 26 May 2026 earnings call for standalone audited FY26 results available online.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
- Announcement under Regulation 30 (LODR)-Investor Presentation 26 May
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 May - KSH International reported Q4 FY26 PAT of Rs 34.5 crore and FY26 PAT of Rs 110.1 crore, capacity 43,445 MT.
Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT
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Jan 2026Transcript PPT REC
Business Profile[1]
The company produces standard and specialized magnet winding wires used in transformers, motors, alternators, generators, EV traction motors, appliances, railways and power T&D equipment. It supplies to leading OEMs in India under the brand ''KSH''