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- KSB
KSB
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Recent events
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News
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Corporate Actions
India's KSB jumps on strong quarterly results
** Indian industrial machinery and equipment maker KSB KSBL.NS climbs as much as 8.1% to 658 rupees
** Stock last up 5.9%; on track to log biggest intraday pct gain in 10 months
** Co reported 33% y/y rise in December-quarter consol profit; rev grew ~21% y/y
** Rev from mainstay pumps business grew ~19%, valves segment's rev rose ~32%
** KSB also recommended a final dividend of 4 rupees ($0.0458) apiece
** Stock eyes busiest trading session in 17 months, volumes at 28.5x the 30-day avg
** KSBL is top pct gainer on Nifty 500 index .NIFTY500, which is down 1.4%
** Year-to-date, KSBL, NIFTY500 down ~21%, 9%
($1 = 87.3520 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Indian industrial machinery and equipment maker KSB KSBL.NS climbs as much as 8.1% to 658 rupees
** Stock last up 5.9%; on track to log biggest intraday pct gain in 10 months
** Co reported 33% y/y rise in December-quarter consol profit; rev grew ~21% y/y
** Rev from mainstay pumps business grew ~19%, valves segment's rev rose ~32%
** KSB also recommended a final dividend of 4 rupees ($0.0458) apiece
** Stock eyes busiest trading session in 17 months, volumes at 28.5x the 30-day avg
** KSBL is top pct gainer on Nifty 500 index .NIFTY500, which is down 1.4%
** Year-to-date, KSBL, NIFTY500 down ~21%, 9%
($1 = 87.3520 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
KSB Ltd Sept-Quarter Consol Profit 617 Mln Rupees
Nov 13 (Reuters) - KSB Ltd KSBL.NS:
SEPT-QUARTER CONSOL PROFIT 617 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.17 BILLION RUPEES
Source text: [ID:]
Further company coverage: KSBL.NS
(([email protected];;))
Nov 13 (Reuters) - KSB Ltd KSBL.NS:
SEPT-QUARTER CONSOL PROFIT 617 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.17 BILLION RUPEES
Source text: [ID:]
Further company coverage: KSBL.NS
(([email protected];;))
India's KSB rises on stock split plan
** Shares of industrial machinery and equipment maker KSB KSBL.NS up ~4%, hitting their highest level since mid-February
** KSB to consider sub-division of its shares
** Stock sees month's most active day, more than 130,000 shares traded
** Stock set for its best say since March 15, when it rose on an order win
** Stock up ~19% in 2024 so far after posting gains for three straight years
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of industrial machinery and equipment maker KSB KSBL.NS up ~4%, hitting their highest level since mid-February
** KSB to consider sub-division of its shares
** Stock sees month's most active day, more than 130,000 shares traded
** Stock set for its best say since March 15, when it rose on an order win
** Stock up ~19% in 2024 so far after posting gains for three straight years
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
India's KSB climbs on order win
** Shares of industrial machinery and equipment maker KSB KSBL.NS rise 2.3% to 3,710 rupees
** Co on Saturday said it won contract worth 632.2 mln rupees ($7.6 mln) for 2,500 solar water pumping systems from Maharashtra Energy Development Agency
** Adds sale of products is expected from Q2 2024
** Stock up 1.4% so far in March, eyes tenth consecutive monthly gain
($1 = 82.8953 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of industrial machinery and equipment maker KSB KSBL.NS rise 2.3% to 3,710 rupees
** Co on Saturday said it won contract worth 632.2 mln rupees ($7.6 mln) for 2,500 solar water pumping systems from Maharashtra Energy Development Agency
** Adds sale of products is expected from Q2 2024
** Stock up 1.4% so far in March, eyes tenth consecutive monthly gain
($1 = 82.8953 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
KSB Received Order Worth 632.2 Mln Rupees
March 15 (Reuters) - KSB Ltd KSBL.NS:
RECEIVED ORDER WORTH 632.2 MILLION RUPEES
Source text for Eikon: ID:nBSE81sC9h
Further company coverage: KSBL.NS
(([email protected];))
March 15 (Reuters) - KSB Ltd KSBL.NS:
RECEIVED ORDER WORTH 632.2 MILLION RUPEES
Source text for Eikon: ID:nBSE81sC9h
Further company coverage: KSBL.NS
(([email protected];))
India's KSB falls after Dec-qtr profit slips
** Shares of KSB Ltd KSBL.NS down 6.2% to 3,682.3 rupees
** Power-driven pumps and industrial values manufacturer reported a 1.8% fall in its consolidated profit to 549 mln rupees ($6.6 mln) for the quarter ended Dec. 31
** Revenue from operations rose about 15%
** More than 129,000 shares change hands by 1:30 p.m. IST, 2.5x 30-day avg
** KSBL on track for a second consecutive week of losses, if trend holds
** Stock climbed 1.1% in February; set to rise for a ninth month in a row
($1 = 82.9350 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of KSB Ltd KSBL.NS down 6.2% to 3,682.3 rupees
** Power-driven pumps and industrial values manufacturer reported a 1.8% fall in its consolidated profit to 549 mln rupees ($6.6 mln) for the quarter ended Dec. 31
** Revenue from operations rose about 15%
** More than 129,000 shares change hands by 1:30 p.m. IST, 2.5x 30-day avg
** KSBL on track for a second consecutive week of losses, if trend holds
** Stock climbed 1.1% in February; set to rise for a ninth month in a row
($1 = 82.9350 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
KSB To Invest Up To 23 Million Rupees In Sunsure Solarpark Fifteen
Dec 21 (Reuters) - KSB Ltd KSBL.NS:
EQUITY INVESTMENT UP TO 23 MILLION RUPEES IN SUNSURE SOLARPARK FIFTEEN
Further company coverage: KSBL.NS
(([email protected];))
Dec 21 (Reuters) - KSB Ltd KSBL.NS:
EQUITY INVESTMENT UP TO 23 MILLION RUPEES IN SUNSURE SOLARPARK FIFTEEN
Further company coverage: KSBL.NS
(([email protected];))
India's KSB Sept-Quarter Consol Profit Rises
Nov 2 (Reuters) - KSB Ltd KSBL.NS:
INDIA'S KSB LTD SEPT-QUARTER CONSOL PROFIT 501 MILLION RUPEES VERSUS PROFIT 390 MILLION RUPEES
KSB LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.64 BILLION RUPEES VERSUS 4.31 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KSBL.NS
(([email protected];))
Nov 2 (Reuters) - KSB Ltd KSBL.NS:
INDIA'S KSB LTD SEPT-QUARTER CONSOL PROFIT 501 MILLION RUPEES VERSUS PROFIT 390 MILLION RUPEES
KSB LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.64 BILLION RUPEES VERSUS 4.31 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KSBL.NS
(([email protected];))
KSB Receives Orders Of Around 550 Million Rupees From Nuclear Power Corporation of India
Sept 28 (Reuters) - KSB Ltd KSBL.NS:
RECEIVES ORDERS OF AROUND 550 MILLION RUPEES FROM NPCIL
Source text for Eikon: ID:nBSE6cXHhp
Further company coverage: KSBL.NS
(([email protected];))
Sept 28 (Reuters) - KSB Ltd KSBL.NS:
RECEIVES ORDERS OF AROUND 550 MILLION RUPEES FROM NPCIL
Source text for Eikon: ID:nBSE6cXHhp
Further company coverage: KSBL.NS
(([email protected];))
KSB Receives Letter Of Award Of 277.8 Million Rupees
Sept 27 (Reuters) - KSB Ltd KSBL.NS:
RECEIVED LETTER OF AWARD OF 277.8 MILLION RUPEES
LETTER OF AWARD FOR 800 SOLAR WATER PUMPING SYSTEMS FROM DEPARTMENT OF AGRICULTURE, UTTAR PRADESH
Source text for Eikon: ID:nBSE7fndHl
Further company coverage: KSBL.NS
(([email protected];;))
Sept 27 (Reuters) - KSB Ltd KSBL.NS:
RECEIVED LETTER OF AWARD OF 277.8 MILLION RUPEES
LETTER OF AWARD FOR 800 SOLAR WATER PUMPING SYSTEMS FROM DEPARTMENT OF AGRICULTURE, UTTAR PRADESH
Source text for Eikon: ID:nBSE7fndHl
Further company coverage: KSBL.NS
(([email protected];;))
India's KSB June-Quarter Consol Profit Rises
Aug 2 (Reuters) - KSB Ltd KSBL.NS:
JUNE-QUARTER CONSOL PROFIT 628 MILLION RUPEES VERSUS PROFIT 474 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.91 BILLION RUPEES VERSUS 4.48 BILLION RUPEES
Source text for Eikon: ID:nBSE7Jzl7k
Further company coverage: KSBL.NS
(([email protected];))
Aug 2 (Reuters) - KSB Ltd KSBL.NS:
JUNE-QUARTER CONSOL PROFIT 628 MILLION RUPEES VERSUS PROFIT 474 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.91 BILLION RUPEES VERSUS 4.48 BILLION RUPEES
Source text for Eikon: ID:nBSE7Jzl7k
Further company coverage: KSBL.NS
(([email protected];))
KSB To Sell Tech For Compressors Bought From Bharat Pumps And Compressors
June 22 (Reuters) - KSB Ltd KSBL.NS:
WILL SELL TECH FOR COMPRESSORS BOUGHT FROM BHARAT PUMPS AND COMPRESSORS
Further company coverage: KSBL.NS
(([email protected];))
June 22 (Reuters) - KSB Ltd KSBL.NS:
WILL SELL TECH FOR COMPRESSORS BOUGHT FROM BHARAT PUMPS AND COMPRESSORS
Further company coverage: KSBL.NS
(([email protected];))
KSB Says In Process Of Constructing New Factory Shed At Nasik Plant
May 12 (Reuters) - KSB Ltd KSBL.NS:
CO IN PROCESS OF CONSTRUCTING NEW FACTORY SHED IN AVAILABLE SPACE AT SINNAR PLANT NASIK, MAHARASHTRA
Source text for Eikon: ID:nBSEl8XM2
Further company coverage: KSBL.NS
(([email protected];))
May 12 (Reuters) - KSB Ltd KSBL.NS:
CO IN PROCESS OF CONSTRUCTING NEW FACTORY SHED IN AVAILABLE SPACE AT SINNAR PLANT NASIK, MAHARASHTRA
Source text for Eikon: ID:nBSEl8XM2
Further company coverage: KSBL.NS
(([email protected];))
India's KSB falls nearly 8% on Q4 core profit contraction
** Shares of KSB Ltd KSBL.NS fall as much as 7.77%, biggest intraday pct loss in nearly three years, to 2,100.10 rupees
** Co, which manufactures power-driven pumps and industrial values, reports contraction in core profit margins to 11.67% in March quarter from 13.09% Y/Y
** Net profit rises marginally to 409 mln rupees compared to 404 mln rupees Y/Y
** Revenue jumped over 17% to 4.90 bln rupees, total costs rose 19%
** Trading volume of 110,741 shares as of 11:32 a.m. IST, more than thrice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of KSB Ltd KSBL.NS fall as much as 7.77%, biggest intraday pct loss in nearly three years, to 2,100.10 rupees
** Co, which manufactures power-driven pumps and industrial values, reports contraction in core profit margins to 11.67% in March quarter from 13.09% Y/Y
** Net profit rises marginally to 409 mln rupees compared to 404 mln rupees Y/Y
** Revenue jumped over 17% to 4.90 bln rupees, total costs rose 19%
** Trading volume of 110,741 shares as of 11:32 a.m. IST, more than thrice the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
India's KSB Ltd March-Quarter Consol Profit Rises
May 9 (Reuters) - KSB Ltd KSBL.NS:
MARCH-QUARTER CONSOL PROFIT 409 MILLION RUPEES VERSUS 404 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.90 BILLION RUPEES VERSUS 4.18 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KSBL.NS
(([email protected];))
May 9 (Reuters) - KSB Ltd KSBL.NS:
MARCH-QUARTER CONSOL PROFIT 409 MILLION RUPEES VERSUS 404 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.90 BILLION RUPEES VERSUS 4.18 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: KSBL.NS
(([email protected];))
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What does KSB do?
KSB Limited, established in 1960 and based in Pune, India, is a top manufacturer of pumps and valves globally. Specializing in centrifugal pumps, multistage pumps, and control valves, the company prioritizes delivering top-notch solutions.
Who are the competitors of KSB?
KSB major competitors are Kirloskar Brothers, Dynamatic Tech, Yuken India, Veljan Denison, Triton Valves, Shakti Pumps (I), WPIL. Market Cap of KSB is ₹13,081 Crs. While the median market cap of its peers are ₹4,391 Crs.
Is KSB financially stable compared to its competitors?
KSB seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does KSB pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. KSB latest dividend payout ratio is 29.18% and 3yr average dividend payout ratio is 28.96%
How has KSB allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is KSB balance sheet?
Balance sheet of KSB is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of KSB improving?
Yes, profit is increasing. The profit of KSB is ₹234 Crs for TTM, ₹209 Crs for Dec 2023 and ₹183 Crs for Dec 2022.
Is the debt of KSB increasing or decreasing?
Yes, The debt of KSB is increasing. Latest debt of KSB is -₹323.5 Crs as of Dec-24. This is greater than Dec-23 when it was -₹549.11 Crs.
Is KSB stock expensive?
Yes, KSB is expensive. Latest PE of KSB is 52.85, while 3 year average PE is 43.47. Also latest EV/EBITDA of KSB is 37.8 while 3yr average is 29.07.
Has the share price of KSB grown faster than its competition?
KSB has given better returns compared to its competitors. KSB has grown at ~20.11% over the last 10yrs while peers have grown at a median rate of 15.13%
Is the promoter bullish about KSB?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in KSB is 69.8% and last quarter promoter holding is 69.8%.
Are mutual funds buying/selling KSB?
The mutual fund holding of KSB is increasing. The current mutual fund holding in KSB is 9.24% while previous quarter holding is 8.32%.