KSB Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 27 Aug 2026 | Industrial Products | Market Cap: ₹14.0K Cr

KSB aims for double-digit growth in full-year sales/revenue despite challenges (Page 14). KSB aims for **double-digit growth** in revenue for the full year, despite challenges (Page 14).

From KSB Ltd's Q1 FY27 earnings-call transcript · updated 27 Aug 2026.

Price

794

Market Cap

₹14.0K Cr

P/E Ratio

53.3

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does KSB Ltd rank in Industrial Products?

Compare KSB Ltd against every Industrial Products company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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KSB Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹601 Cr, net profit ₹40 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • KSB aims for double-digit growth in full-year sales/revenue despite challenges (Page 14).
  • Volume growth is expected in the range of 10% to 15%, with value growth around 15% (Page 20).
  • Achieving 20% topline growth is possible but would be inconsistent and not reliable (Page 20).
  • Energy sector, including thermal, nuclear, and renewable, is expected to lead growth (Page 9).
  • Infrastructure segments like water, wastewater, airports, metro, and railways also offer good growth opportunities (Page 9).
  • Export business faced geopolitical challenges in H1 2026 but is expected to recover in H2 (Page 4, 28).
  • New sectors like Data Centres, Marine, and Mining provide emerging opportunities though currently moderate order intake (Pages 24, 25, 28).
  • The company continues to invest in capacity and product development to support ambitious growth targets (Page 27).

📈 Profitability & Margins

Rank 3
  • KSB aims for **double-digit growth** in revenue for the full year, despite challenges (Page 14).
  • Expected **EBITDA margin range around 13-14%**, with efforts on cost reduction to mitigate project fixed-price pressures (Pages 26-27).
  • Profit after tax (PAT) has shown a **22% CAGR** historically, with continued growth (Page 4).
  • Long-term outlook is positive, backed by presence in multiple segments like Nuclear, Solar, and Data Centres (Page 31).
  • KSB's strategy includes phased price increases and internal efficiencies to sustain margins short-term and medium-term (Page 28).
  • EPS and ROCE have consistently improved, with ROCE at around **22.8%** (24% excluding one-time impacts) (Page 4).
  • Expects medium to long-term growth driven by energy sector projects and infrastructure segments (Pages 9, 31).

🏗️ Capital Expenditure Plans

Yes
  • Current CapEx is a mix of sustenance (machine replacement/upgrades) and growth investments.
  • Sustenance CapEx is ongoing to maintain operations.
  • Growth investments focus on product development and expanding presence in sectors like nuclear energy.
  • Annual CapEx plans range between INR 80 crores to INR 120 crores.
  • Investments are also being made in employee facilities like upgraded offices and canteens to enhance employee engagement and working environment.
  • Service station investments are part of the strategic focus.
  • These investments are planned to continue for coming years to support ambitious growth targets.

💰 Fundraising & Capital Structure

No information
The transcript on the provided pages does not mention any current or planned fundraising activities through debt or equity by KSB Limited. Key points related to financial planning and investment include: - The company plans annual CapEx of approximately INR 80-120 crores for sustenance and growth, including capacity upgrades and product development. - No indications or announcements about raising funds via debt or equity were discussed. - Focus remains on internal cost optimization and managing working capital efficiently. - Growth and expansion are expected to be funded through ongoing investments and operational cash flows rather than external fundraising. Hence, there is no indication of any current or future fundraising initiatives through debt or equity mentioned in the document.

📋 Order Book & Pipeline

No
  • As of August 19, 2026, KSB Limited reported a strong order book of INR 27,445 million (Page 4).
  • Export orders presently constitute about 15% of sales and order book, with a target to increase to 20% (Page 23).
  • Order intake for standard business is growing consistently, while project business has slowed but is expected to improve, led by projects like Dangote refineries and supercritical thermal (Page 13).
  • Delays in export orders have resulted in some inventory build-up, especially related to export clearances and solar projects (Page 23-24).
  • Nuclear segment deliveries are pending testing at NPCIL, with one pump dispatch expected every quarter, up to six pumps annually, which will gradually contribute to order fulfillment (Page 12).
  • Order intake was subdued in H1 2026, but the second half is expected to be stronger (Page 14, 23).

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No

What KSB Ltd's management said in earlier quarters

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Frequently Asked Questions

What were KSB Ltd Q1 FY27 results?

KSB aims for double-digit growth in full-year sales/revenue despite challenges (Page 14). KSB aims for **double-digit growth** in revenue for the full year, despite challenges (Page 14).

What is KSB Ltd share price analysis?

KSB Ltd currently shows a below-average growth signal. The stock trades at a P/E of 53.3 with a market cap of ₹13,955 Cr. Investors should review the full earnings analysis for detailed insights.

Is KSB Ltd planning capital expenditure?

Current CapEx is a mix of sustenance (machine replacement/upgrades) and growth investments.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.