KSB Ltd.

•

₹ 801.85-0.08%

2026-08-21

ksbindia.co.inBSE: 500249NSE: KSB

Market Cap₹ 14,055 Cr.

Current Price₹ 802

High / Low₹ 1,028 / 667

Stock P/E57.3

Book Value₹ 98

Price to Book7.82

Dividend Yield0.54 %

ROCE23.0 %

ROE17.1 %

Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 23.4%
Company generates healthy free cash flow

CONS

Receivables are growing faster than sales - a possible quality concern
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.58x)
Stock is trading at 7.8x its book value
Debtor days have increased from 80 to 101
Rich enterprise valuation - EV/EBITDA of 29.7x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Capital GoodsCapital GoodsCompressors / Pumps

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	ELGIEQUIP	638.15	45.15	20223.55	0.42	103.30	20.68	1062.20	22.56	24.39	14.79
2.	KIRLOSBROS	1950.90	41.49	15491.89	0.36	67.60	0.15	1104.90	12.86	19.79	10.56
3.	INGERRAND	4634.50	0.00	14630.19	1.62	70.46	19.46	379.46	20.34	56.31	23.78
4.	KSB	807.60	57.25	14055.41	0.54	57.20	-18.75	690.70	3.60	22.98	12.42
5.	KIRLPNU	736.15	36.38	9564.53	0.82	332.00	31.23	3031.00	7.60	28.95	15.04
6.	DYNAMATECH	11717.65	187.56	7957.98	0.09	20.79	93.04	424.81	14.53	9.92	12.97
7.	SHAKTIPUMP	492.45	28.62	6076.73	0.20	51.59	-46.72	858.67	37.94	23.76	9.65
8.	WPIL	451.85	26.02	4413.26	0.44	59.01	129.24	500.54	32.21	17.32	17.29
9.	OSWALPUMPS	292.20	9.93	3331.22	0.00	54.14	-42.82	473.56	-7.86	78.75	15.74
10.	YUKEN	940.15	81.68	1277.10	0.16	5.21	28.60	134.33	28.48	7.59	11.01
11.	ROTO	66.07	44.94	1245.06	0.29	92.46	1368.32	755.96	1047.48	20.48	20.08
12.	LATTEYS	22.84	36.93	131.32	0.00	1.39	182.11	38.91	59.21	12.97	6.14

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	591	564	603	544	646	616	726	595	667	650	784	601	691
	506	493	522	483	555	529	628	528	575	565	654	550	625
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	8	8	6	10	10	7	10	12	12	18	16	14	5
Interest	1	2	2	1	1	1	0	1	1	1	1	1	1
Depreciation	12	12	14	13	13	14	14	14	14	15	16	14	15
	80	64	72	58	86	80	94	66	88	88	104	50	75
Tax %	25.25%	26.51%	27.64%	26.22%	25.35%	26.78%	26.55%	26.56%	24.63%	26.88%	26.13%	26.95%	23.43%
Net Profit	0	0	0	0	68	62	73	52	70	68	81	40	57
	4	3	3	3	4	4	4	3	4	4	5	2	0
Equity Capital	35	35	35	35	35	35	35	35	35	35	35	35	35
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	35	35	35	35	35	35	35	35	35	35	35	35	35
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 591
: 506
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 1
Depreciation: 12
: 80
Tax %: 25.25%
Net Profit: 0
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 564
: 493
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 2
Depreciation: 12
: 64
Tax %: 26.51%
Net Profit: 0
: 3
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 603
: 522
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 2
Depreciation: 14
: 72
Tax %: 27.64%
Net Profit: 0
: 3
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 544
: 483
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 1
Depreciation: 13
: 58
Tax %: 26.22%
Net Profit: 0
: 3
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 646
: 555
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 1
Depreciation: 13
: 86
Tax %: 25.35%
Net Profit: 68
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 616
: 529
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 1
Depreciation: 14
: 80
Tax %: 26.78%
Net Profit: 62
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 726
: 628
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 0
Depreciation: 14
: 94
Tax %: 26.55%
Net Profit: 73
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 595
: 528
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 1
Depreciation: 14
: 66
Tax %: 26.56%
Net Profit: 52
: 3
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 667
: 575
Operating Profit: —
OPM %: —
Other Income: 12
Interest: 1
Depreciation: 14
: 88
Tax %: 24.63%
Net Profit: 70
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 650
: 565
Operating Profit: —
OPM %: —
Other Income: 18
Interest: 1
Depreciation: 15
: 88
Tax %: 26.88%
Net Profit: 68
: 4
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 784
: 654
Operating Profit: —
OPM %: —
Other Income: 16
Interest: 1
Depreciation: 16
: 104
Tax %: 26.13%
Net Profit: 81
: 5
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 601
: 550
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 1
Depreciation: 14
: 50
Tax %: 26.95%
Net Profit: 40
: 2
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 691
: 625
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 1
Depreciation: 15
: 75
Tax %: 23.43%
Net Profit: 57
: 0
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 35
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2023	Dec 2024	Dec 2025	TTM
	2,247	2,533	2,696	2,726
	1,954	2,196	2,322	2,395
Operating Profit	326	374	433	—
OPM %	15	15	16	—
Other Income	32	37	59	54
Interest	5	3	3	4
Depreciation	50	54	58	60
	280	331	360	317
Tax %	26	25	25	26
Net Profit	209	247	270	235
EPS	60	14	16	—
Dividend Payout %	29	28	28	—
Minority Interest	0	0	0	0
Share of Associates	0	0	0	15
Adjusted EPS	12	14	16	—
Minority Interest	0	0	0	0
Share of Associates	0	0	0	15
Adjusted EPS	12	14	16	—

Dec 2023

: 2,247
: 1,954
Operating Profit: 326
OPM %: 15
Other Income: 32
Interest: 5
Depreciation: 50
: 280
Tax %: 26
Net Profit: 209
EPS: 60
Dividend Payout %: 29
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12

Dec 2024

: 2,533
: 2,196
Operating Profit: 374
OPM %: 15
Other Income: 37
Interest: 3
Depreciation: 54
: 331
Tax %: 25
Net Profit: 247
EPS: 14
Dividend Payout %: 28
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14

Dec 2025

: 2,696
: 2,322
Operating Profit: 433
OPM %: 16
Other Income: 59
Interest: 3
Depreciation: 58
: 360
Tax %: 25
Net Profit: 270
EPS: 16
Dividend Payout %: 28
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 16
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 16

TTM

: 2,726
: 2,395
Operating Profit: —
OPM %: —
Other Income: 54
Interest: 4
Depreciation: 60
: 317
Tax %: 26
Net Profit: 235
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 15
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 15
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: 20%
5 Years:: 28%
3 Years:: 15%
1 Year:: 0%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 17%
Last Year:: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2023	Dec 2024	Dec 2025
LIABILITIES	-	-	-
Equity Capital	35	35	35
	1,267	1,451	1,644
Trade Payables	343	372	441
	421	491	661
Total Liabilities	2,066	2,348	2,782
ASSETS	-	-	-
	419	438	462
Capital Work in Progress	31	53	89
	80	88	97
	643	643	786
	492	650	869
Cash & Bank	275	323	283
	127	152	196
Total Assets	2,066	2,348	2,782
Total Debt	0	0	0
Net Working Capital	750	902	1,050
Contingent Liabilities	187	192	212
Book Value per Share	374.03	85.35	96.46
Face Value	10.00	2.00	2.00
Total Debt	0	0	0
Net Working Capital	750	902	1,050
Contingent Liabilities	187	192	212
Book Value per Share	374.03	85.35	96.46
Face Value	10.00	2.00	2.00

Dec 2023

Equity Capital: 35
: 1,267
Trade Payables: 343
: 421
Total Liabilities: 2,066
: 419
Capital Work in Progress: 31
: 80
: 643
: 492
Cash & Bank: 275
: 127
Total Assets: 2,066
Total Debt: 0
Net Working Capital: 750
Contingent Liabilities: 187
Book Value per Share: 374.03
Face Value: 10.00
Total Debt: 0
Net Working Capital: 750
Contingent Liabilities: 187
Book Value per Share: 374.03
Face Value: 10.00

Dec 2024

Equity Capital: 35
: 1,451
Trade Payables: 372
: 491
Total Liabilities: 2,348
: 438
Capital Work in Progress: 53
: 88
: 643
: 650
Cash & Bank: 323
: 152
Total Assets: 2,348
Total Debt: 0
Net Working Capital: 902
Contingent Liabilities: 192
Book Value per Share: 85.35
Face Value: 2.00
Total Debt: 0
Net Working Capital: 902
Contingent Liabilities: 192
Book Value per Share: 85.35
Face Value: 2.00

Dec 2025

Equity Capital: 35
: 1,644
Trade Payables: 441
: 661
Total Liabilities: 2,782
: 462
Capital Work in Progress: 89
: 97
: 786
: 869
Cash & Bank: 283
: 196
Total Assets: 2,782
Total Debt: 0
Net Working Capital: 1,050
Contingent Liabilities: 212
Book Value per Share: 96.46
Face Value: 2.00
Total Debt: 0
Net Working Capital: 1,050
Contingent Liabilities: 212
Book Value per Share: 96.46
Face Value: 2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2023	Dec 2024	Dec 2025
	141	187	93
Cash from Investing	5	-146	50
Cash from Financing	-59	-65	-72
	88	-24	70
Free Cash Flow	141	102	-13
OCF / Net Profit	0.68	0.76	0.34
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	0.68	0.76	0.34
Cumulative 5-Year FCF	0	0	0

Dec 2023

: 141
Cash from Investing: 5
Cash from Financing: -59
: 88
Free Cash Flow: 141
OCF / Net Profit: 0.68
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.68
Cumulative 5-Year FCF: 0

Dec 2024

: 187
Cash from Investing: -146
Cash from Financing: -65
: -24
Free Cash Flow: 102
OCF / Net Profit: 0.76
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.76
Cumulative 5-Year FCF: 0

Dec 2025

: 93
Cash from Investing: 50
Cash from Financing: -72
: 70
Free Cash Flow: -13
OCF / Net Profit: 0.34
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.34
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2023	Dec 2024	Dec 2025
PER SHARE	-	-	-
EPS (₹)	59.97	14.22	15.54
Book Value (₹)	374.03	85.35	96.46
Dividend per Share (₹)	17.50	4.00	4.40
Cash EPS (₹)	14.85	17.34	18.89
PROFITABILITY	-	-	-
Operating Margin %	12.75%	13.00%	13.57%
Net Margin %	9.06%	9.53%	9.83%
ROE %	17.07%	17.76%	17.10%
ROCE %	23.36%	23.92%	22.98%
	10.73%	11.21%	10.55%
EFFICIENCY	-	-	-
Debtor Days	71	80	101
Inventory Days	95	90	95
Payable Days	94	92	102
	72	79	94
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	0.00x	0.00x	0.00x
Interest Coverage (x)	54.00x	122.70x	120.04x
	2.05x	2.13x	2.03x
GROWTH	-	-	-
Revenue Growth %	23.34%	12.72%	6.42%
Operating Profit Growth %	12.84%	14.84%	15.62%
Net Profit Growth %	14.22%	18.56%	9.30%
	14.22%	-76.29%	9.30%
VALUATION	-	-	-
P/E (x)	11.55x	53.97x	48.53x
P/B (x)	9.26x	8.99x	7.82x
Dividend Yield %	0.51%	0.52%	0.58%
	36.16x	34.82x	29.68x

Dec 2023

EPS (₹): 59.97
Book Value (₹): 374.03
Dividend per Share (₹): 17.50
Cash EPS (₹): 14.85
Operating Margin %: 12.75%
Net Margin %: 9.06%
ROE %: 17.07%
ROCE %: 23.36%
: 10.73%
Debtor Days: 71
Inventory Days: 95
Payable Days: 94
: 72
Debt to Equity (x): 0.00x
Interest Coverage (x): 54.00x
: 2.05x
Revenue Growth %: 23.34%
Operating Profit Growth %: 12.84%
Net Profit Growth %: 14.22%
: 14.22%
P/E (x): 11.55x
P/B (x): 9.26x
Dividend Yield %: 0.51%
: 36.16x

Dec 2024

EPS (₹): 14.22
Book Value (₹): 85.35
Dividend per Share (₹): 4.00
Cash EPS (₹): 17.34
Operating Margin %: 13.00%
Net Margin %: 9.53%
ROE %: 17.76%
ROCE %: 23.92%
: 11.21%
Debtor Days: 80
Inventory Days: 90
Payable Days: 92
: 79
Debt to Equity (x): 0.00x
Interest Coverage (x): 122.70x
: 2.13x
Revenue Growth %: 12.72%
Operating Profit Growth %: 14.84%
Net Profit Growth %: 18.56%
: -76.29%
P/E (x): 53.97x
P/B (x): 8.99x
Dividend Yield %: 0.52%
: 34.82x

Dec 2025

EPS (₹): 15.54
Book Value (₹): 96.46
Dividend per Share (₹): 4.40
Cash EPS (₹): 18.89
Operating Margin %: 13.57%
Net Margin %: 9.83%
ROE %: 17.10%
ROCE %: 22.98%
: 10.55%
Debtor Days: 101
Inventory Days: 95
Payable Days: 102
: 94
Debt to Equity (x): 0.00x
Interest Coverage (x): 120.04x
: 2.03x
Revenue Growth %: 6.42%
Operating Profit Growth %: 15.62%
Net Profit Growth %: 9.30%
: 9.30%
P/E (x): 48.53x
P/B (x): 7.82x
Dividend Yield %: 0.58%
: 29.68x

Shareholding Pattern

Numbers in percentages

TRADES

Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
69.80	69.80	69.80	69.80	69.80	69.80	69.80	69.80	69.80
5.38	5.35	5.34	4.86	4.68	4.58	4.52	4.66	4.10
10.07	10.23	10.62	11.07	11.40	11.57	11.95	11.64	11.78
0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01
14.76	14.62	14.26	14.28	14.13	14.05	13.74	13.89	14.32

Jun 2024

: 69.80
: 5.38
: 10.07
: 0.00
: 14.76

Sep 2024

: 69.80
: 5.35
: 10.23
: 0.00
: 14.62

Dec 2024

: 69.80
: 5.34
: 10.62
: 0.00
: 14.26

Mar 2025

: 69.80
: 4.86
: 11.07
: 0.01
: 14.28

Jun 2025

: 69.80
: 4.68
: 11.40
: 0.01
: 14.13

Sep 2025

: 69.80
: 4.58
: 11.57
: 0.01
: 14.05

Dec 2025

: 69.80
: 4.52
: 11.95
: 0.01
: 13.74

Mar 2026

: 69.80
: 4.66
: 11.64
: 0.01
: 13.89

Jun 2026

: 69.80
: 4.10
: 11.78
: 0.01
: 14.32

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - Ksb Limited has informed the Exchange about Link of Recording
Investor Presentation
2026-08-19 - Ksb Limited has informed the Exchange about Investor Presentation

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
TranscriptPPTREC
Mar 2026
Transcript PPTREC
Nov 2025
Transcript PPTREC