KSH International Ltd
KSH International Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Full year FY '26 volume expected between 28,000 to 29,000 metric tons, up from 23,345 metric tons in FY '25. FY '26 volumes expected at 28,000-29,000 MT, up from 23,345 MT in FY '25, indicating ~18%-30% growth.
From KSH International Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Full year FY '26 volume expected between 28,000 to 29,000 metric tons, up from 23,345 metric tons in FY '25.
- Q3 FY '26 volume grew 24% year-over-year, driven by Supa facility contributing to sustainable volume increase.
- Quarterly volume run rate expected to increase, with potential to reach around 10,000 tons per quarter by Q1 FY '27 depending on utilization.
- Capacity utilization targets around 80-85% over the next 2-3 years on base capacity of 43,400 metric tons.
- Revenue growth driven by increased volumes, higher value-added product mix (e.g., HVDC transformers, EV motors), and exports.
- EBITDA per ton sustainable around INR 65,000 to INR 66,000, with potential upside from operating leverage and product mix shifts.
2 more points management made on revenue & sales performance
Profitability & Margins
See what KSH International Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company completed Phase 1 of the new Supa facility at the end of September 2025, adding 12,000 metric tons of capacity.
- As of December 31, 2025, total capacity reached 43,445 metric tons with an additional 2,400 metric tons added in Q3 FY ’26.
- Capacity expansion is across all product lines including CTC, round wires, and standard magnet winding wires.
- Future capacity is planned to increase up to 59,000 metric tons over the next 14 months.
- Phase two of the Supa facility is to be capitalized in FY ’26–’27, with associated fixed costs expected initially.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what KSH International Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- KSH International Limited is executing roughly 37 HVDC transformer orders currently (Page 14).
- These HVDC orders include some from a BHEL order and other Indian manufacturers of HVDC transformers (Page 12).
- The company has additional annualized capacity of 14,400 metric tons added in the second half of FY 2026, supporting volume growth (Page 8).
- Volume expectations for the full financial year are between 28,000 to 29,000 metric tons, with a quarterly run rate moving toward 7,500 tons and potentially 10,000 tons by Q1 FY 2027 (Pages 9, 12, 14).
2 more points management made on order book & 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 Q3 FY26 results?
Full year FY '26 volume expected between 28,000 to 29,000 metric tons, up from 23,345 metric tons in FY '25. FY '26 volumes expected at 28,000-29,000 MT, up from 23,345 MT in FY '25, indicating ~18%-30% growth.
What is KSH International Ltd share price analysis?
KSH International Ltd currently shows a neutral. The stock trades at a P/E of 53.2 with a market cap of ₹6,969 Cr. Investors should review the full earnings analysis for detailed insights.
Is KSH International Ltd planning capital expenditure?
The company completed Phase 1 of the new Supa facility at the end of September 2025, adding 12,000 metric tons of capacity.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.