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

Pune (Maharashtra) [India], March 2: KSB Limited, one of the leading Pumps and Valves manufacturers in India registered outstanding growth of — 18% with sales value of 5,246 Mio INR in Q4 (Oct to Dec 2022) and also, growth of 22% in cumulative sales for 4 quarters (Jan to Dec 2022) vis-à-vis same period last year (2021).

As an experienced pump manufacturer, its product portfolio includes building and industrial technology, water transport, wastewater treatment and power plant processes, agricultural applications, residential application. Owing to the innovative research and development, KSB can meet the most diverse requirements of customers. Benefit from many years of experience and technical expertise as a renowned pump manufacturer.

-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)

ParticularsQ4 – 2022Q4– 2021Jan’22-Dec’22Jan’21-Dec’21
(Oct’22-Dec’22)(Oct’21-Dec’21)
Sales5,2464,44618,22014,973
Expenses4,4783,88215,75312,879
Operating Profit7685642,4672,094
OPM %15%13%14%14%
Other Income8782454364
Interest25196150
Depreciation120110453435
PBT7105172,4071,973
Net Profit5423791,7931,466

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.

KSB Limited Founded in 1960 in India is a part of KSB SE & Co KGaA., – one of the world’s leading suppliers of pumps, valves and systems. Combining innovative technology and excellent service to provide intelligent solutions, the company has been offering innovative and sturdy solutions to cater to the myriad needs of the Indian Customer may it be in power, oil, building services, process engineering, water treatment, water transport, etc. The activities of KSB’s in-house research centre focus on the areas of hydraulics, sealing technology, materials, production technology and automation.

Today the KSB group has a presence on all the continents with its own sales and marketing companies, manufacturing facilities and service operations. More than 15,000 employees generate annual consolidated sales revenue of over Two billion Euros.

Contact: KSB Limited, Mumbai-Pune Road, Pimpri, Pune 411 018, Tel- +91 020 2710 1000.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business

Pride Group Makes Strategic Gujarat Entry with ‘Biznotel by Pride’ in Surat

Surat (Gujarat) [India], July 7:  Marking a significant expansion into Gujarat’s hospitality sector, Pride Hotels Group, in collaboration with Samprati Group, has officially launched Biznotel by Pride — the first Pride-branded property in Surat. The opening ceremony was attended by key dignitaries including Hon. Harsh Sanghavi, Minister of State (Home), and Hon. Mukesh Patel, Minister […]

Read More
Business

Experience Premium Living: 3BHK Flats in Bhopal at Green City Extension by Krishna Homes

Bhopal (Madhya Pradesh) [India], July 7: Looking to buy a 3BHK flat in Bhopal that offers more than just square feet. Welcome to Green City Extension by Krishna Homes—a name trusted for over 26 years in premium housing. Strategically located in Bawadiya Kalan, one of Bhopal’s fastest-growing residential hubs, this IGBC Platinum-certified community offers you […]

Read More
Business

Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025.

Mumbai (Maharashtra) [India], July 7:  Asston Pharmaceuticals Limited, a pharmaceutical and nutraceutical company headquartered in Navi Mumbai, Maharashtra, has announced the opening of its IPO on July 09, 2025, with a proposed issue size of ₹27.56 Crores. The shares are proposed to be listed on the SME Platform of BSE Limited (BSE SME). The issue […]

Read More