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 ₹ 12,242 Cr.
- Current Price ₹ 703
- High / Low ₹ 1,060 / 582
- Stock P/E 49.5
- Book Value ₹ 85.4
- Dividend Yield 0.50 %
- ROCE 23.9 %
- ROE 17.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 22.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 28.6%
Cons
- Stock is trading at 8.24 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
Part of Nifty Total Market Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
731 | 802 | 819 | 826 | 946 | 1,093 | 1,294 | 1,208 | 1,497 | 1,822 | 2,247 | 2,533 | |
629 | 701 | 713 | 720 | 838 | 965 | 1,142 | 1,039 | 1,287 | 1,575 | 1,954 | 2,196 | |
Operating Profit | 102 | 101 | 106 | 106 | 108 | 128 | 152 | 169 | 210 | 247 | 294 | 338 |
OPM % | 14% | 13% | 13% | 13% | 11% | 12% | 12% | 14% | 14% | 14% | 13% | 13% |
12 | 23 | 24 | 29 | 35 | 24 | 40 | 33 | 40 | 50 | 42 | 50 | |
Interest | 3 | 2 | 2 | 3 | 4 | 4 | 5 | 3 | 5 | 6 | 5 | 3 |
Depreciation | 27 | 28 | 28 | 29 | 31 | 40 | 46 | 42 | 44 | 45 | 50 | 54 |
Profit before tax | 86 | 94 | 100 | 103 | 108 | 109 | 140 | 157 | 201 | 245 | 280 | 331 |
Tax % | 33% | 34% | 36% | 33% | 34% | 34% | 28% | 40% | 26% | 25% | 26% | 25% |
67 | 68 | 69 | 69 | 71 | 72 | 101 | 94 | 149 | 183 | 209 | 248 | |
EPS in Rs | 3.84 | 3.93 | 3.95 | 3.94 | 4.07 | 4.12 | 5.79 | 5.39 | 8.59 | 10.50 | 12.00 | 14.22 |
Dividend Payout % | 29% | 28% | 28% | 28% | 29% | 29% | 28% | 32% | 29% | 29% | 29% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 19% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 22% |
3 Years: | 18% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 54% |
3 Years: | 39% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 17% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
Reserves | 477 | 522 | 568 | 625 | 676 | 723 | 794 | 856 | 976 | 1,108 | 1,267 | 1,451 |
3 | 24 | 1 | 7 | 13 | 43 | 60 | 62 | 3 | 3 | 3 | 4 | |
284 | 332 | 347 | 321 | 354 | 449 | 547 | 588 | 596 | 679 | 761 | 859 | |
Total Liabilities | 799 | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,348 |
181 | 191 | 194 | 219 | 308 | 321 | 307 | 318 | 311 | 350 | 419 | 440 | |
CWIP | 8 | 10 | 14 | 16 | 4 | 4 | 34 | 25 | 39 | 25 | 32 | 53 |
Investments | 48 | 50 | 51 | 54 | 58 | 60 | 64 | 66 | 70 | 74 | 80 | 88 |
561 | 663 | 691 | 699 | 707 | 865 | 1,030 | 1,130 | 1,190 | 1,375 | 1,535 | 1,767 | |
Total Assets | 799 | 914 | 951 | 988 | 1,077 | 1,250 | 1,436 | 1,540 | 1,609 | 1,825 | 2,066 | 2,348 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
105 | 112 | 58 | -25 | 77 | 202 | 171 | 62 | 38 | 142 | 187 | ||
-11 | -33 | -61 | 39 | -86 | -152 | -101 | 2 | -12 | 5 | -146 | ||
-39 | -48 | -23 | -21 | 2 | -4 | -32 | -95 | -51 | -59 | -65 | ||
Net Cash Flow | 56 | 31 | -26 | -7 | -6 | 46 | 39 | -30 | -25 | 88 | -24 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 82 | 80 | 72 | 98 | 97 | 84 | 81 | 68 | 81 | 80 | 94 |
Inventory Days | 194 | 193 | 171 | 200 | 193 | 196 | 170 | 212 | 195 | 207 | 184 | 165 |
Days Payable | 138 | 147 | 145 | 142 | 139 | 141 | 127 | 155 | 129 | 116 | 98 | 96 |
Cash Conversion Cycle | 120 | 127 | 106 | 130 | 153 | 152 | 127 | 138 | 134 | 172 | 165 | 162 |
Working Capital Days | 41 | 56 | 40 | 60 | 88 | 85 | 54 | 44 | 54 | 76 | 77 | 84 |
ROCE % | 18% | 17% | 17% | 17% | 16% | 15% | 16% | 18% | 21% | 23% | 23% | 24% |
Documents
Announcements
- Closure of Trading Window 28 Mar
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Volume Movement Letter
26 Mar - Clarification on recent increase in share volume.
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Clarification sought from KSB Ltd
26 Mar - Exchange has sought clarification from KSB Ltd on March 26, 2025, with reference to Movement in Volume.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Mar - Transcript of Institutional Investors Meet held on 28th February, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Feb - KSB Limited reports 12.7% sales growth for 2024.
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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Mar 2025Transcript PPT REC
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Nov 2024Transcript PPT
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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
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.