KSH International Ltd
KSH International Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
3 of 4 strong
Not discussed on this call: fundraise.
The short version
Volume growth of approximately 26% was achieved over the trailing 12 months and is expected to be sustained throughout FY27 due to full-year availability of Phase 1 capacity. The company expects to sustain volume growth of around 26% for FY27, leveraging full-year availability of higher phase one capacity and incremental phase two capacity by year-end. - EBITDA per ton is expected to be maintained around INR 75,000 for FY27, supported by a favorable product mix, exports, and currency.
From KSH International Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- Volume growth of approximately 26% was achieved over the trailing 12 months and is expected to be sustained throughout FY27 due to full-year availability of Phase 1 capacity.
- Expansion at Supa plant with Phase 2 completion targeted by March 2027 aims to increase capacity from 43,445 tons towards 59,000 tons with potential for future additions.
- Increasing contribution from specialized winding wires, especially CTC products, is expected to support sustained or improved EBITDA per ton.
- Standard wire volumes are also growing robustly (30% YoY in Q1 FY27), driven by EVs, AC compressors, motors, and alternators markets.
- Export revenues are planned to be increased, aiming to return to around 40% of total revenue from the current ~27%.
- Client additions in data center transformers, DG sets and OEM customers aim to drive future revenue growth.
- Key focus on capacity utilization and ramp-up of new capacity for higher sales and profitability.
Profitability & Margins
See what KSH International Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Phase two capacity expansion at Supa: Total project cost INR150-160 crores, largely incurred and expected to be operational by FY27 year-end.
- Additional capex for FY27 expected to be more than INR50 crores as part of phase two CWIP.
- Board authorized evaluation to acquire additional 10 acres in Supa MIDC for long-term expansion beyond current 59,000 MT capacity.
- Existing Supa plant has potential to add 10,000-12,000 MT capacity without extra land.
- No immediate plan for expansion beyond phase two, focus remains on utilization of 59,000 MT installed capacity.
- Upcast backward integration facility commissioned (5,000 MT capacity) to recycle copper scrap, adding operational efficiency.
- Future capacity expansion decisions will depend on utilization trends, likely considered when utilization exceeds ~85%.
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Fundraising & Capital Structure
See what KSH International Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The company operates on a make-to-order basis, primarily supplying OEMs through value addition contracts.
- Contracts typically involve commitments of quantities (e.g., 2000 to 2400 tons) with purchase orders released monthly in staggered manner.
- Customers generally have order books spanning 3 to 5 years, indicating strong visibility and demand.
- The business expects to maintain a steady pipeline with long-term agreements like the framework agreement with Hitachi in progress.
- No specific current orderbook quantity is explicitly stated, but there is confidence in meeting phase 2 expansion utilization and sustaining volume growth.
- Delay of order pickups by some customers in active capacity expansion mode has been observed but is short-term.
- Overall, the company anticipates increasing demand from specialized wires, T&D, EV motors, and international markets, supporting a robust orderbook pipeline.
KSH International Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.0K Cr, net profit ₹35 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What KSH International Ltd's management said in earlier quarters
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Frequently Asked Questions
What were KSH International Ltd Q1 FY27 results?
Volume growth of approximately 26% was achieved over the trailing 12 months and is expected to be sustained throughout FY27 due to full-year availability of Phase 1 capacity. The company expects to sustain volume growth of around 26% for FY27, leveraging full-year availability of higher phase one capacity and incremental phase two capacity by year-end. - EBITDA per ton is expected to be maintained around INR 75,000 for FY27, supported by a favorable product mix, exports, and currency.
What is KSH International Ltd share price analysis?
KSH International Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 52.2 with a market cap of ₹6,838 Cr. Investors should review the full earnings analysis for detailed insights.
Is KSH International Ltd planning capital expenditure?
Phase two capacity expansion at Supa: Total project cost INR150-160 crores, largely incurred and expected to be operational by FY27 year-end.
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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.