KSB Ltd

Business overview

• Global pumps, valves, and service leader; six Indian manufacturing plants.
• FY25 revenue around €3.0bn; EBIT margin 8.3%.
• Revenue mix: 83% domestic, 17% exports.
• Global workforce ~16,800+ employees and 170 service sites.

Operational highlights

• Core order intake FY25 reached ₹29.9bn, up from ₹13.3bn FY20.
• Domestic revenue share 83%; exports 17% in FY25.
• Strong order on hand supports future growth.
• Diverse end-markets: energy, water, petrochemicals, and nuclear.
• Global installed value ~€30bn.

Financial performance

• Sales revenues: €3.0bn; EBIT margin: 8.3%.
• Orders on hand indicate growth visibility.
• Revenue mix: 83% domestic, 17% exports.
• 800+ dealers and 16,800+ employees globally.

Strategic priorities & outlook

• Group Strategy 2030+ aims to capture long-term infra growth.
• Key growth drivers: energy, water, commercial building, petrochemicals.
• Emerging segments include data centers, renewables, marine.
• India-focused infra, government-led investment cycles underpin growth.

Governance & leadership

• Chairman Gaurav Swarup and MD Rajeev Jain lead governance.
• Independent directors include Ulhas Yargop, U.C. Muktibodh, Sharmila Barua Roychowdhury, Vishal Kampani.
• Managing Director Rajeev Jain also Regional Executive Officer, Asia West.
• CFO Mahesh Bhave leads finance; strong operational leadership.

Meeting Details

• Dates: 26 August 2026 and 27 August 2026.
• Time: not disclosed.
• Type: One-on-One/Group meet.
• Mode/Place: Physical in Singapore.
• Event/organiser: Non-Deal Roadshow.

Participants

• Key company participants: management roles not named.
• Personal names of participants not provided.

Purpose

• Purpose: investor interaction during Non-Deal Roadshow.

Additional Notes

• No recording, transcript, or presentation availability details provided.

Meeting Details

• Date: 19 August 2026; event: Institutional Investors Meet.
• Video recording of the meet is available on the company's website.

Meeting Details

• Date: 19 August 2026; time not disclosed.
• Type/Mode: Group institutional investor meeting; mode not specified.
• Event: Institutional Investors Meet.

Participants

• Representative: Company Secretary.

Purpose

• Purpose: Participation in institutional investor meet for investor interaction.

Additional Notes

• Recording: Video recording available on the company website.

Financials

• Revenue from Sales for H1 2026: 12,920 MINR (H1 2025: 12,621 MINR).
• EBITDA for H1 2026: 1,465 MINR; PBT: 1,279 MINR.
• ROCE excluding labor code: 24.0%.
• Total Order Intake H1 2026: 15,307 MINR non-nuclear; 15,528 MINR including nuclear.

SAP S/4HANA update

• Implementation underway; go-live in H1 FY2027.
• Benefits include real-time insights, automation, integrated operations, scalability, enhanced controls.
• FY2027 cost impact is to be determined.

Capacity & Growth

• Shirwal capacity expansion: 20% addition.

Nuclear & Exports

• Nuclear orders on hand form long-term growth engine.
• Nuclear export opportunity: eight CS2 pumps for two European units.

Emerging Segments

• Emerging segments: Marine, Green Hydrogen, Railways, Data Centre cooling.

Operational Footprint

• Manufacturing footprint across Pimpri, Chinchwad, Vambori, Coimbatore, Nashik, Shirwal, Kochi.

Governance & Leadership

• MD: Rajeev Jain; CFO: Mahesh Bhave.
• Chairman: Gaurav Swarup; Independent Directors: Ulhas Yargop, U. C. Muktibodh.

Resignation of SMP

• Change type: Resignation of Senior Management Personnel.
• Name and designation: Philip Varghese Puthenpurackal, Head - Corporate Quality, Integrated Management, Safety & Sustainability.
• Effective date: close of business hours on 14 August 2026.
• Reason: Resignation.
• Brief profile: Not Applicable.
• Relationships: Not Applicable.

Meeting Details

• Date: 19 August 2026; Time not disclosed.
• Type: One-on-One / Group.
• Mode: Physical in Mumbai.
• Organized by: ICICI Securities.
• Purpose: Intimation of participation in Institutional Investors Meet.

Capacity expansion at Shirwal plant

• New land adjacent to Shirwal plant in Satara acquired and a shed constructed to expand capacity.
• Existing Shirwal capacity ~1200 pumps/year with 90% utilization.
• New shed to support manufacturing of project pumps and related activities.
• Proposed capacity added at ~20%, expected by 2027.
• Investment required INR 400 million, financed by internal accruals.
• Rationale is to cater to future growth.
• Capacity addition expected up to 2027.

Meeting Details

• Board meeting scheduled for Thursday, 30 April 2026.
• Meeting time and location were not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for quarter ended 31 March 2026.

Other Notes

• Trading window closed from 1 April 2026 until 48 hours after results announcement.