KSB Limited records outstanding growth in the fourth quarter- Oct’22 to Dec’22

  • The Sales value for 2022 is registered as INR 18,220 million which is about a 22% increase over the previous year
  • The sales value of INR 5,246 million achieved for this quarter is about a 18% increase over the corresponding quarter of the year 2021
  • Highest ever Order Intake of INR 20,456 million in 2022.
  • Good growth in the Mechanical Seal business.
  • BP&CL IP Rights acquisition
  • Progress in products and business of sunrise sectors Firefighting, Solar, Defense, Railways and Life Saving Applications.
  • New branch offices in Patna, Guwahati
  • Orders in hand for about 7 to 8 months

Business Highlights

(All amounts in INR million)

Particulars

Q4 – 2022
(Oct’22-Dec’22)

Q4 (Oct’21-Dec’21)

Q4 (Oct’20-Dec’20)

Jan’22-Dec’22

Jan’21 -Dec’21

Sales

5,246

4,446

3,699

18,220

14,973

Expenses

4,478

3,882

2,946

15,753

12,879

Operating Profit

768

564

753

2,467

2,094

OPM %

15%

13%

20%

14%

14%

Other Income

87

82

27

454

364

Interest

25

19

7

61

50

Depreciation

120

110

117

453

435

PBT

710

517

656

2,407

1,973

Net Profit

542

379

301

1,793

1,466


Acknowledging the yearly performance Mr. Farrokh Bhathena, Director of Sales and Marketing, KSB Limited said, “This year we have registered ground-breaking sales of INR 18,220 million. The growth is a result of our focused strategy and consistent efforts toward achieving such ambitious numbers. KSB scaled new highs this quarter on the back of significant order inflow from almost all the segments Firefighting, Nuclear, Energy, Commercial Building, Solar, Waste Water, Agriculture and domestic too. I believe demand for capital products will further grow owing to increased capital investment in infrastructure in this budget.”
Mr. Mahesh Bhave, Chief Financial Officer said that the Company has maintained growth in profitability through meticulous planning, continuous cost saving and operational synergies.  As a result, we are pleased to give a good return on healthy profit achieved for the year FY 2022, to our shareholders by declaring a dividend of INR 15 per share (150%). To bring more value addition to the Valves unit, the Company has commenced and inaugurated a brand New Valves Learning Centre at its Coimbatore Factory. With the constant efforts on digitization, the Company is overall improving its productivity and efficiency.