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Earnings Call Transcript

KSH International Earnings Call Transcript: Key Takeaways

KSH reports stellar Q1 FY27 results with revenue up 108% YoY to ₹1,164 Cr. Strategy focuses on expanding capacity at Supa to 59,000 MT and securing long-term framework agreements like the new Hitachi deal.

Guidance and delivery
Management target Revenue 26.0% FY27
Highlights
Revenue growth108% YoY increase in Q1 FY27 revenue.
MarginsEBITDA/ton spiked to ₹93k; sustainable guidance raised to ₹75k.
Order bookB2B make-to-order model; 95% repeat revenue from 120+ OEMs.
Demand visibilityStrong; transformer clients have 3-5 year order books.
Management confidenceHigh, citing structural T&D cycle and new 5-year Hitachi agreement.

Growth

Revenue grew 108% YoY; PAT hit a record ₹42.2 Cr, up 86% YoY. Volume increased 30% to ~8,000 MT.

Outlook

Phase 2 expansion to 59,000 MT by March 2027; evaluating 10 additional acres for long-term growth.

Risks

EBITDA/ton may normalize to ₹75,000 from current ₹93,000 due to product mix shifts and rising fixed costs.

Last quarter's promises, checked

Delivered

  • Sustainable EBITDA/ton ₹65k-70k → delivered ₹93k (= BEAT)
  • Volume growth target 21% → delivered 30% (= BEAT)
  • Revenue mix specialized wires ~75% → delivered 75% (= BEAT)

Partly delivered

  • Supa capacity online Q2 FY27 → Phase 2 still in progress (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: KSHINTL. Summary written with AI assistance from the document.

Read the document ↗

KSH International Ltd: key numbers

Share price
₹1,035.50
Market cap
₹7,016 Cr
Revenue (annual)
₹3,107 Cr
Net profit (annual)
₹110.1 Cr
P/E (TTM)
54.1×Sector 53.6×
Promoter holding
74.58%+0.00% QoQ
FII holding
5.71%Current quarter

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

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Production Started

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KSH International Limited received Consent to Operate from the Maharashtra Pollution Control Board. This approval enables a total manufacturing capacity of 28,800 MTPA at its Supa Facility.

manufacturing capacity
28800.0 MTPA
16:49 IST BSE
Regulatory Approval

KSH International Regulatory Approval

KSH International received a 'Consent to Operate' from the Maharashtra Pollution Control Board for its Supa Facility. This approval authorizes a total manufacturing capacity of 28,800 MTPA.

manufacturing capacity
28800.0 MTPA
16:47 IST BSE
Business Update

KSH International Business Update

KSH International received Consent to Operate for its Supa facility from the Maharashtra Pollution Control Board. The approved capacity is 28,800 MTPA for magnet winding wires.

manufacturing capacity
28800.0 MTPA
17:48 IST BSE
Promoter Reclassification

KSH International Promoter Reclassification

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16:19 IST NSE
Regulatory Approval

KSH International Regulatory Approval

KSH International Limited has received a renewal of its Factory License for Unit 3 from the Directorate of Industrial Safety and Health, valid until December 31, 2030.

Execution
Up to December 31, 2030