KSB Limited announced its audited financial results for the year ended December 31, 2025, showcasing robust performance across key financial metrics. The Board of Directors at their meeting held on February 25, 2026, approved the standalone and consolidated audited financial results and recommended a final dividend of INR 4.40 per equity share, representing 220% on the face value of INR 2.00 each.

Strong Financial Performance

The company delivered impressive growth in FY25, with revenue from operations reaching INR 26,957 million compared to INR 25,331 million in the previous year. Net profit showed strong momentum, increasing to INR 2,645 million from INR 2,409 million in FY24.

Quarterly Performance Highlights

The fourth quarter results demonstrated strong operational efficiency with significant margin expansion. EBITDA for Q4 reached INR 1.30 billion, marking a substantial increase from INR 984 million in the corresponding quarter of the previous year.

Major Order Wins and Business Developments

The company secured significant orders across multiple segments during the year. Orders for solar pumps worth INR 58 crores were received from various state departments including Department of Horticulture Rajasthan, Maharashtra State Electricity, Maharashtra Energy, MPUVNL and DGVCL. Additionally, KSB secured an export order for the Hassi Massoud Refinery Project in Algeria and a major water segment order from KSB Pumps Arabia in UAE.

Segment-wise Performance

Both major business segments contributed to the company's growth trajectory during FY25. The Pumps segment, which forms the larger portion of the business, showed steady growth while the Valves segment demonstrated stronger percentage growth.

Management Commentary

Mr. Prashant Kumar, Vice President - Sales and Marketing, highlighted the company's strong sales performance with 6.42% YoY growth driven by disciplined execution and strategic market focus. He noted robust traction across Solar, Building Services, Energy and WWW segments, strengthening the company's leadership position in core markets.

Mr. Mahesh Bhave, Chief Financial Officer, emphasized the stable and consistent financial performance for FY 2025, achieving growth in both revenue and profit despite volatile geopolitical situations. The recommended dividend increase reflects robust profitability commitment and continued value creation for investors.

Dividend and Corporate Actions

The Board recommended a final dividend of INR 4.40 per equity share for FY25, subject to shareholder approval at the Annual General Meeting. The record date for dividend entitlement has been fixed as May 8, 2026.

Leadership and Governance

The Board also approved the re-appointment of Mr. Rajeev Jayantiprasad Jain as Managing Director for a further period of 5 years, effective from July 1, 2026 to June 30, 2031. The audited financial results received an unmodified opinion from Price Waterhouse & Co., Chartered Accountants LLP, confirming the accuracy and compliance of the financial statements.

Impact of New Labour Codes

The company reported an exceptional item of INR 255 million related to the impact of new labour codes notified by the Government of India in November 2025. This one-time impact primarily consists of gratuity provisions arising due to changes in wage definition under the consolidated labour laws.

KSB has delivered a strong third-quarter performance, showcasing robust growth across all major financial parameters. The company's latest results demonstrate improved operational efficiency and revenue expansion, reflecting positive business momentum.

Financial Performance Overview

The company's Q3 results highlight consistent growth trajectory with notable improvements in profitability metrics. Key financial indicators show year-on-year expansion across revenue, profit, and margin parameters.

Revenue and Profitability Growth

KSB's revenue performance showed steady growth with quarterly revenue reaching ₹7.84 billion compared to ₹7.30 billion in the same period last year. This 7.4% year-on-year increase reflects the company's ability to expand its business operations and market presence.

Net profit demonstrated strong momentum, growing 11.3% to ₹778 million from ₹699 million in the corresponding quarter of the previous year. This double-digit profit growth indicates effective cost management and operational efficiency improvements.

EBITDA and Margin Expansion

The company's EBITDA performance was particularly impressive, rising significantly to ₹1.30 billion from ₹984 million year-on-year, representing a substantial 32.1% increase. More notably, EBITDA margin expanded considerably to 16.53% from 13.55% in the same quarter last year.

This margin expansion of nearly 300 basis points demonstrates the company's enhanced operational efficiency and improved cost structure. The strong EBITDA growth outpacing revenue growth indicates better profitability management and operational leverage.

Key Performance Highlights

The Q3 results showcase several positive developments:

• Revenue Growth: Consistent 7.4% year-on-year increase in quarterly revenue
• Profit Expansion: Double-digit net profit growth of 11.3%
• Margin Improvement: Significant EBITDA margin expansion to 16.53%
• Operational Efficiency: EBITDA growth of 32.1% demonstrating strong cost management

These results reflect KSB's strong operational performance and effective business execution during the third quarter, with improvements across all major financial metrics indicating positive business momentum.