KSB Limited Submits Institutional Investor Meet Transcript to Stock Exchanges
KSB Limited officially submitted the transcript of its institutional investor meet to BSE and NSE, detailing comprehensive management discussions on the company's robust financial performance with 17% revenue CAGR, significant nuclear business prospects with ₹12,816 million order book, highest-ever 17% export share, and strong growth in solar business projected to exceed ₹300 crores in CY26.

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KSB Limited submitted the official transcript of its institutional investor meet held on March 17, 2026, to BSE and NSE on March 23, 2026. The submission, signed by Company Secretary Shraddha Kavathekar, follows the company's earlier intimations dated March 11 and March 17, 2026, maintaining compliance with regulatory requirements.
Management Team and Presentation Overview
The investor meet featured key management personnel including Managing Director Rajeev Jain, Chief Financial Officer Mahesh Bhave, and Company Secretary Shraddha Kavathekar. The comprehensive presentation covered the company's financial performance, business highlights, and strategic outlook across various market segments.
| Management Position: | Name |
|---|---|
| Managing Director: | Rajeev Jain |
| Chief Financial Officer: | Mahesh Bhave |
| Company Secretary: | Shraddha Kavathekar |
Strong Financial Performance and Growth Metrics
KSB demonstrated robust financial performance with consistent growth across key parameters. The company's revenue from operations showed a 17% CAGR, while EBITDA and profit after tax recorded impressive growth rates of 17% and 22% CAGR respectively.
| Financial Metric: | 2025 (₹ MINR) | 2024 (₹ MINR) | Growth Rate: |
|---|---|---|---|
| Revenue from Operations: | 26,957 | 25,331 | +6.42% |
| EBITDA: | 387 | 350 | +10.56% |
| Profit Before Tax: | 352 | 322 | +9.50% |
| Net Worth: | 16,128 | - | - |
| EPS (Post-Split): | 15.20 | - | - |
Nuclear Business and Order Book Strength
The nuclear segment emerged as a significant growth driver with substantial order book visibility. Management highlighted the successful development of reactor coolant pumps and auxiliary pumps for various nuclear projects. The company's nuclear order book stands at ₹12,816 million, contributing to total orders on hand of ₹25,848 million as of December 2025.
| Order Book Metrics: | Value (₹ MINR) |
|---|---|
| Total Orders on Hand: | 25,848 |
| Nuclear Orders: | 12,816 |
| Ex-Nuclear Orders: | 13,032 |
| Average Monthly Order Intake: | 249 |
Managing Director Rajeev Jain confirmed that nuclear pump testing is scheduled to commence on March 22, 2026, at the Tarapur test bed facility, marking a crucial milestone for the company's nuclear business prospects.
Export Growth and Market Expansion
KSB achieved its highest export share of 17% in 2025, representing a 22% CAGR in export business. The company expanded its presence in Africa, USA, and Middle East markets across various product categories including submersible borehole pumps, boiler feed pumps, and API business.
| Export Performance: | Details |
|---|---|
| Export Share FY25: | 17% |
| Export Share FY24: | 12% |
| Export CAGR: | 22% |
| Key Markets: | Africa, USA, Middle East |
Solar Business and Emerging Segments
The solar business demonstrated exceptional growth with 112% order intake CAGR. KSB enhanced its manufacturing capabilities by producing solar controllers in-house and establishing its first central warehouse in Chhatrapati Sambhajinagar.
| Solar Business Metrics: | Performance |
|---|---|
| Revenue CY24: | ₹189 crores |
| Revenue CY25: | ₹245 crores |
| Projected CY26: | ₹300+ crores |
| Order Intake CAGR: | 112% |
The company also highlighted strong growth in firefighting (68% CAGR) and water wastewater segments (30% CAGR), driven by new product introductions and market expansion initiatives.
Historical Stock Returns for KSB
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.60% | +6.69% | +14.30% | -5.22% | +12.43% | +374.83% |
How will the upcoming nuclear pump testing results at Tarapur facility impact KSB's ability to secure additional nuclear projects beyond the current ₹12,816 million order book?
What potential challenges could KSB face in maintaining its 22% export growth CAGR as it expands into competitive international markets?
Could KSB's solar business projection of ₹300+ crores for CY26 be affected by changing government policies on renewable energy subsidies and tariffs?

































