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Investor Presentation

KSB Investor Presentation: Key Takeaways

KSB reported steady revenue growth for H1 2026, reaching 12,920 MINR. Strategy focuses on expanding energy, water, and petrochemical segments alongside a major SAP S/4HANA digital transformation.

Highlights
Revenue growth2.4% YoY growth for the half-year ended 30 June 2026.
MarginsEBITDA margins compressed in H1 2026 compared to H1 2025.
Order book27,445 MINR as of June 2026; YTD average monthly intake record.
Demand visibilityStrong, driven by energy, water supply, and petrochemical sector investments.
Management confidenceHigh, supported by record order intake and infrastructure expansion.

Growth

H1 2026 revenue rose to 12,920 MINR from 12,621 MINR YoY. EBITDA and PBT saw year-over-year declines.

Outlook

Order book stands at 27,445 MINR. New Shirwal plant shed commissioned in 2026; SAP go-live planned for H1 FY27.

Risks

Management identifies competitive pressures, legislative developments, and currency fluctuations as primary business risks.

Last quarter's promises, checked

Delivered

  • Guided 300+ MINR solar revenue for CY25 → Delivered 300+ MINR (= BEAT)
  • Guided 2026-2028 nuclear revenue conversion → H1 26 revenue steady at 12,920 MINR (= BEAT)
  • Guided focus on Energy/Water segments → Key contributors to 12,920 MINR revenue (= BEAT)

Partly delivered

  • Guided 15-20% Pump segment growth for CY26 → H1 26 revenue growth 2.4% YoY (= PARTIAL)

Missed

  • Guided EBITDA margin maintenance at 13-14% → EBITDA margins compressed in H1 2026 (= MISS)
Source

Investor Presentation filed with NSE, NSE: KSB. Summary written with AI assistance from the document.

Read the document ↗

KSB Ltd: key numbers

Share price
₹819.10
Market cap
₹14,256 Cr
Revenue (annual)
₹2,696 Cr
Net profit (annual)
₹270.5 Cr
P/E (TTM)
58.1×Sector 53.6×
Promoter holding
69.80%+0.00% QoQ
FII holding
4.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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