KSB Limited reported mixed financial results for the half-year ended June 30, 2026, with revenue growth offset by a significant decline in operating profitability. The Pune-based pump manufacturer posted revenue from operations of ₹12,920 million, up 2.4% year-on-year from ₹12,621 million in the same period last year. However, EBITDA fell 20.4% to ₹1,279 million, down from ₹1,607 million in H1FY26.

The company disclosed its financial performance during an institutional investor meet held on August 19, 2026. Alongside the financial update, KSB highlighted its strategic focus on nuclear energy, data centers, and green hydrogen sectors. The firm also announced the ongoing implementation of the SAP S/4HANA platform, expected to go live in the first half of FY27.

Financial Performance

Profit before tax for the period was not explicitly detailed in the provided summary slides, but the decline in EBITDA suggests operational challenges despite modest revenue growth. The company’s net worth was reported at ₹16,128 million, with an adjusted post-split EPS of 15.2.

Order Book and Inflow

KSB Limited maintains a robust order book, which provides visibility into future revenue streams. As of June 2026, the total orders on hand stood at ₹27,445 million, compared to previous disclosures at year-end 2023, 2024, and 2025.

Order intake for the year-to-date period ending June 2026 was ₹2,708 million, excluding nuclear exports. This figure follows order intakes of ₹2,288 million in FY25, ₹1,973 million in FY24, and similar figures in prior years. The exclusion of nuclear exports from this metric highlights the company’s significant exposure to the nuclear sector, which is tracked separately.

What the Numbers Show

The divergence between revenue growth and EBITDA contraction is a key analytical observation. While top-line revenue increased by 2.4%, EBITDA dropped by over 20%. This suggests that cost pressures or a shift in product mix toward lower-margin segments may be impacting profitability. Investors should monitor whether this margin compression is temporary or structural.

Strategic Initiatives

KSB is investing in digital transformation through the implementation of SAP S/4HANA. The company expects the platform to go live in H1FY27, promising real-time insights, process automation, and integrated operations. However, management noted that there will be some cost impact in FY27, though the final amount has yet to be determined.

The company continues to expand its presence in high-growth sectors:

• Nuclear Energy: KSB has a long-term growth engine in nuclear orders, including projects for GHAVP 1 & 2, Kaiga 5 & 6, and Kudankulam. It also secured an export order for eight Critical Safety Class 2 Pumps for a European nuclear power plant.
• Data Centers: Strengthening participation in hyperscale and enterprise data center developments through cooling and liquid cooling solutions.
• Green Hydrogen & Renewables: Expanding into electrolyser applications, wind turbine cooling, and railway propulsion systems.

Capacity Expansion

To support future demand, KSB is undertaking capacity expansion at its Shirwal plant. The construction of an additional shed is projected to add 20% to the existing capacity. This expansion aligns with the company’s strategy to meet growing expectations in the energy and industrial sectors.

Business Segments

KSB operates across six market areas and 21 submarkets, including Energy, Building Services, General Industry, Petrochemicals/Mining, Chemicals, and Water. The company’s product portfolio includes boiler feed pumps, condensate transfer pumps, and specialized pumps for nuclear applications. Its nuclear journey spans decades, with indigenous primary coolant pumps and recent acquisitions like BP&CL technology enhancing its capabilities.

KSB Limited has accepted the resignation of Philip Varghese Puthenpurackal, who served as Head – Corporate Quality, Integrated Management, Safety & Sustainability. The resignation takes effect from the close of business hours on August 14, 2026.

The company disclosed the change in senior management personnel to the stock exchanges on August 14, 2026. The move follows a formal resignation letter submitted by Mr. Puthenpurackal on July 15, 2026, citing personal reasons for his decision to step down.

Regulatory Disclosure

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also references Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. SEBI HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Shraddha Kavathekar, Company Secretary at KSB Limited, signed the communication addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited.

Key Details