KSB Limited registers outstanding growth in the third quarter- Jul’22 to Sept’22

  • The sales value of INR 4,313 million achieved for this quarter is 17% increase over the previous year
  • The Sales value for 3 quarters of 2022 is INR 12,974 million which is about 23% increase over the same period last year
  • Achieved 13% ROS for the quarter

Business Highlights

(All amounts in INR million)

Particulars

Q3 (Jul’22-Sept’22) 

Q3 (Jul’21-Sept’21)

Jan’22-Sept22)

Jan’21 -Sept’21)

Sales

4,313

3,681

12,974

10,527

Expenses

3,772

3,164

11,275

8,997

Operating Profit

541

517

1,699

1,530

OPM %

13%

14%

13%

15%

Other Income

106

99

367

282

Interest

13

12

36

31

Depreciation

117

109

333

325

PBT

517

495

1,697

1,456

Net Profit

378

379

1,251

1,087


Commenting on the quarterly performance, Mr. Farrokh Bhathena, Director Sales and Marketing, KSB
Limited said, “We have registered outstanding Year on Year sales growth of 17% for the third quarter
and also, 23% increase in the cumulative sales for 3 quarters with respect to last year.
Continuing the trend, we have once again seen significant order inflow from the Petrochemical
segment. This quarter has seen the highest order intake in a quarter which includes orders from NPCIL
and Calik Energie for Bazian CCPP Project.”

Major Highlights

  • Good Order Intake trend with highest ever quarterly OI of Rs. 1951 Mio in Q3 2022.
  • NPCIL order for 8 Reactor Coolant Pumps worth Rs. 5013 Mio for Kaiga 5 & 6 reactors.
  • YTD Order Intake of ~2708 Mio from Petrochemicals segment.
  • Good growth in Mechanical Seal business.
  • New E2E Solution for eSales rollout for integrated website and Webshop.

Mr. Milind Khadilkar, Chief Financial Office opens his remarks informing the all time high share price
of the Company of INR 2,000+ per equity share during Q3. This has resulted in highest ever market
capitalisation of the Company. Mr. Khadilkar is pleased to share this value creation, for the
Company’s investors and shareholders.
Mr. Khadilkar then updated about the Company’s proposed investment in the specified Intellectual
Property Rights (IPR) of Bharat Petroleum Corporation Limited (BPCL) through e-tendering due to the
strategic planning during the re-bidding process.
Mr. Milind Khadilkar informed that the Company attended its physical investors Meet post Covid, in
August, 2022 with a wonderful response from the institutional investors.
On ESG initiatives he updated that :

  • During FY 2022, the Company has planted 1,000 trees within its premises at Shirwal factory and continues the plantation activities at other plants in collaboration with the NGOs at various locations, totalling 6,500+ trees.
  • He also mentioned that the Company is able to better manage its attrition rate as compared to the rate in the industry during the running year FY 2022.
  • Contributions to ESG through products like FGD and Nuclear pumps for a cleaner Energy sector.
  • New Investments planned for wind Solar hybrid project, roof top solar projects etc, waste water projects.