loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

KSB reported a weak Q2CY26 performance

ICICIdirect Research 05 Aug 2026 DISCLAIMER

News: KSB reported a weak Q2CY26 performance, with revenue increasing 3.6% YoY to ₹691 crore. EBITDA declined 10.7% YoY to ₹82 crore, while EBITDA margin contracted 190 bps YoY to 11.8%. Consequently, PAT declined 18.8% YoY to ₹57 crore. Segment-wise, the Pumps business reported revenue growth of 5.4% YoY to ₹581 crore, with EBIT margin moderating to 11.2% from 11.6% in Q2CY25. The Valves business remained under pressure, with revenue declining 4.8% YoY to ₹111 crore, while EBIT margin contracted sharply to 4.1% from 15.3% in the corresponding quarter last year, leading to a 74.7% YoY decline in EBIT.

View: KSB's Q2CY26 performance remained weak, as modest revenue growth was insufficient to offset pressure on profitability. The decline in earnings was primarily driven by the Valves business, where lower revenue and a sharp contraction in margins significantly impacted overall profitability, while the Pumps segment also witnessed a marginal decline in margins. Going forward, recovery in the Valves business, improvement in margins, revival in industrial and sustained order execution will remain the key monitorables.

Impact: Negative

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere