KSB Limitedis a manufacturer of pumps, valves, systems, and control valves. The company, established in 1960, is headquartered in Pune and has its registered office in Mumbai.
In the past quarter (ending September 2022), the company had net sales/income from operations of Rs 431.3 crore, a year-on-year spurt of 17.17%.
KSB Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). On the BSE, it is traded with the code 500249, while its ticker on the NSE is KSB.
On 29 November 2022, the market cap of the company was Rs 6,679.45 crore.
KSB Pumps Ltd. is a part of the Canadian Kay Pump Ltd., the parent company of which is the KSB Group (based in Germany). KSB has two companies in India—KSB Limited and MIL Controls Ltd. KSB specialises in centrifugal-end suction pumps, high-pressure multistage pumps, industrial gate, globe, check valves, submersible motor pumps, monobloc and mini-monobloc pumps, hydro-pneumatic systems, and control valves.
In the quarter ending 30 September 2022, the shareholding pattern of KSB Limited revealed that its promoters held the following stakes, totalling 66.69%—Canadian Kay Pump Limited held 40.54%, Industrial and Prudential Investment Company Ltd. owned 20.80%, Paharpur Cooling Towers Limited had 4.17%, New Holding and Trading Co Ltd. owned 0.75%, Vikram Swarup 0.28%, Gaurav Swarup 0.10%, Bindu Vikram Swarup 0.05%, and Parul Swarup 0.01%. The foreign institutional investors (FIIs) held 3.17% while the domestic institutional investors (DIIs) (at 10.77%) were: Nippon Life India Trustee Ltd-A/C Nippon India Tax Saver (Elss) Fund (with a stake of 3.51%), Sundaram Mutual Fund A/C Sundaram Small Cap Fund (2.43%), Bajaj Allianz Life Insurance Company Ltd. (2.34%), and Tata Mutual Fund—Tata Small Cap Fund (with 1.09%). The public (non-institutional) investors owned 19.36%. Others accounted for 0.01%.
The management team has Gaurav Swarup (as the chairman) and Rajeev Jain (as the managing director), while the directors are: Stephan Bross, D.N. Damania, V.K. Viswanathan, Matthias Schmitz, Pradip Shah, and Sharmila Barua Roychowdhury.
Its share price closed at Rs 1,918.95 on 29 November 2022, marking a fall of 0.39%. While the 52-week high was Rs 2,174.00, the 52-week low was Rs 960.00.
The primary competitors of KSB Pumps in this country include Bharat Electronics Ltd., Bharat Heavy Electricals Ltd. (BHEL), AIA Engineering, and Thermax.
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