KSB Limited has released the full transcript of its institutional investor meet held on August 19, 2026. The company previously shared a video recording of the event, which was organized by ICICI Securities in Mumbai.

The transcript, dated August 26, 2026, provides detailed insights into the company’s financial performance and operational updates for the first half of FY26. Management discussed key growth drivers, including the nuclear energy segment, data centre applications, and export market dynamics.

Event Details

The session included presentations by Mr. Rajeev Jain (Managing Director), Mr. Mahesh Bhave (Chief Financial Officer), and Mr. Nitin Patil (Vice President for IPD/EPD Operations and COO, Nuclear Business). Registrations were handled by ICICI Securities representatives.

Financial Highlights

Management highlighted that revenue from operations grew at a 17% CAGR, while profit after tax expanded at a 22% CAGR. For the half-year ended June 2026, the company reported revenue from sales of ₹12,920 million, EBITDA of ₹1,465 million, and profit before tax of ₹1,279 million. Return on capital employed stood at 22.8%, excluding one-time labour code impacts.

Nuclear Business Update

Mr. Nitin Patil provided updates on the nuclear division, noting an order book of ₹1,235 crore. This includes pumps for GHAVP 1 and 2, Kaiga 5 and 6, and safety packages for Kudankulam. Testing for GHAVP pumps faced delays due to issues with NPCIL’s test bed but is expected to resume in September. The company recently expanded its Shirwal plant capacity by 20% to meet future demand.

Export and Supply Chain

Exports faced headwinds in H1 due to geopolitical tensions and supply chain disruptions, particularly in the Middle East. Management noted that supply chain stability has improved to 85-90%, with revised price agreements in place. Export orders currently constitute approximately 15% of the total order book, with a target of 20%.

Other Segments

Solar revenue was lower than expected due to delays in the KUSUM 2.0 scheme, contributing ₹50-60 crore in H1. The valves segment saw margin compression to single digits due to commodity prices and product mix, which management expects to normalize. SupremeServ aftermarket business continues to grow at 15% annually.

KSB Limited has uploaded its investor presentation ahead of a non-deal roadshow scheduled for August 26 and 27, 2026, in Singapore. The company aims to engage with investors through physical meetings to discuss its financial performance and strategic outlook.

The updated disclosure confirms the schedule involves one-on-one interactions and group meetings. KSB Limited confirmed the event details in a filing dated August 21, 2026, and subsequently shared the presentation materials on August 24, 2026.

Roadshow Schedule

The company noted that the schedule is subject to change due to exigencies. No unpublished price-sensitive information will be shared during the interactions.

Key Highlights from Investor Deck

The investor presentation underscores KSB’s position as a global flow control innovation leader. Key metrics highlighted include:

• Market Capitalization: ₹139+ billion, ranking among the top 500 listed Indian entities (454th rank).
• Global Presence: Part of the KSB Group, which reported €3.0 billion in sales revenues for 2025 and holds an installed value of €30 billion globally.
• Financial Health: The company emphasizes its debt-free status and consistent returns to shareholders, with dividends increasing from 85% in FY20 to 220% in FY25.

Order Book and Growth Drivers

KSB reported robust order intake growth, particularly in core business segments excluding nuclear. Core order intake doubled from ₹13,281 million in FY20 to ₹29,920 million in FY25. Total orders on hand stood at ₹27,445 million as of June 2026, up from ₹21,442 million at the end of FY23.

Export order intake also showed significant expansion, growing at a CAGR of 15% from ₹2,567 million in FY20 to ₹5,141 million in FY25. YTD June 2026 export orders reached ₹1,973 million.

Strategic Focus Areas

The presentation outlines several key growth drivers:

• Nuclear Energy: KSB is a pioneer in nuclear pump technology in India, supporting projects from 220 Mwe to 700 Mwe. The company has received orders for primary coolant pumps for Kaiga 5 & 6 and GHAVP 1 & 2.
• Water Infrastructure: Participation in municipal water supply, desalination, and rural water supply projects.
• Emerging Segments: Expansion into green hydrogen, railways, data centers, and marine applications.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Shraddha Kavathekar, Company Secretary, signed the intimation.