# Pumps — company-by-company sector analysis

> Pumps: Kirloskar Brothers Ltd owns the largest revenue base; WPIL Ltd has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-07-30. Not investment advice.

## Bottom line

Pumps has underperformed NIFTY 500 by 4.9% over 52 weeks and 5.4% over 13 weeks. 4 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself. Kirloskar Brothers Ltd leads with revenue of ₹4,538 crore, based on 4 of 4 comparable companies through Mar 2026.

### Is the Pumps sector outperforming NIFTY 500?

Pumps has underperformed NIFTY 500 by 4.9% over 52 weeks and 5.4% over 13 weeks. 4 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself.

### Which Pumps company is largest by revenue?

Kirloskar Brothers Ltd leads with revenue of ₹4,538 crore, based on 4 of 4 comparable companies through Mar 2026.

### Which Pumps company is growing fastest?

WPIL Ltd has the fastest current revenue growth at 8.4%, across 4 of 4 comparable companies.

### Which Pumps company has the strongest 4-Factor Sector Score?

WPIL Ltd ranks first at 60.7/100 with 73.2% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Pumps company has the least gross debt?

KSB Ltd has the lowest comparable gross debt at ₹5 crore. WPIL Ltd has the highest at ₹502 crore.

### Which Pumps company has the lowest comparable PEG?

Kirloskar Brothers Ltd has the lowest comparable Guarded PEG at 1.75, among 2 of 4 companies that pass the metric’s comparability rules.

### How much history does this Pumps comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

## Sector relative strength

Pumps has underperformed NIFTY 500 by 4.9% over the last 52 weeks. Over 13 weeks the gap is a lead of 5.4%. 4 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. KSB Ltd is the strongest against the sector itself at +0.9%. Readings are as of 2026-07-19.

13-week sector return versus NIFTY 500: 5.4%
52-week sector return versus NIFTY 500: -4.9%
Stocks leading NIFTY: 4/4
Stocks leading sector: 2/4

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 4
Combined market value: ₹35.3K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. WPIL Ltd (WPIL): 61/100 — Mixed-positive evidence; evidence 73%
   - Growth & earnings 22.5/35 | Capital efficiency 15.7/25 | Valuation 10.0/20 | Relative strength 12.5/20
   - Exact sum: 22.5 + 15.7 + 10 + 12.5 = 60.7
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Roto Pumps Ltd (ROTO): 45/100 — Mixed-negative evidence; evidence 73%
   - Growth & earnings 5.5/35 | Capital efficiency 17.3/25 | Valuation 10.0/20 | Relative strength 11.9/20
   - Exact sum: 5.5 + 17.3 + 10 + 11.9 = 44.7
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3. Kirloskar Brothers Ltd (KIRLOSBROS): 40/100 — Mixed-negative evidence; evidence 87%
   - Growth & earnings 5.1/35 | Capital efficiency 19.1/25 | Valuation 7.7/20 | Relative strength 8.0/20
   - Exact sum: 5.1 + 19.1 + 7.7 + 8 = 39.9
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4. KSB Ltd (KSB): 38/100 — Mixed-negative evidence; evidence 93%
   - Growth & earnings 7.0/35 | Capital efficiency 18.6/25 | Valuation 2.3/20 | Relative strength 10.3/20
   - Exact sum: 7 + 18.6 + 2.3 + 10.3 = 38.2
   - Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

## Revenue Scale & Growth Durability

What the numbers say: Kirloskar Brothers Ltd is the scale leader at ₹4,538 crore, 67.9% ahead of KSB Ltd. WPIL Ltd's growth is 8.4% from a ₹1,977 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Kirloskar Brothers Ltd is the scale benchmark; WPIL Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Kirloskar Brothers Ltd's growth falls below WPIL Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Kirloskar Brothers Ltd · ₹4,538 crore | 67.9% versus #2 · KSB Ltd | 5/8 recent comparable periods | 4/4 companies · 68 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Kirloskar Brothers Ltd (KIRLOSBROS): ₹4.5K Cr
2. KSB Ltd (KSB): ₹2.7K Cr
3. WPIL Ltd (WPIL): ₹2.0K Cr
4. Roto Pumps Ltd (ROTO): ₹285 Cr

### Revenue growth — fastest growers
1. WPIL Ltd (WPIL): 8.4%
2. KSB Ltd (KSB): 4.6%
3. Kirloskar Brothers Ltd (KIRLOSBROS): 1.0%
4. Roto Pumps Ltd (ROTO): -3.1%

### 20-quarter Revenue history
- KSB: Sep 2021 ₹368 Cr | Dec 2021 ₹445 Cr | Mar 2022 ₹418 Cr | Jun 2022 ₹448 Cr | Sep 2022 ₹431 Cr | Dec 2022 ₹525 Cr | Mar 2023 ₹490 Cr | Jun 2023 ₹591 Cr | Sep 2023 ₹564 Cr | Dec 2023 ₹603 Cr | Mar 2024 ₹544 Cr | Jun 2024 ₹646 Cr | Sep 2024 ₹616 Cr | Dec 2024 ₹726 Cr | Mar 2025 ₹595 Cr | Jun 2025 ₹667 Cr | Sep 2025 ₹650 Cr | Dec 2025 ₹784 Cr | Mar 2026 ₹601 Cr | Jun 2026 —
- KIRLOSBROS: Sep 2021 ₹751 Cr | Dec 2021 ₹725 Cr | Mar 2022 ₹954 Cr | Jun 2022 ₹784 Cr | Sep 2022 ₹864 Cr | Dec 2022 ₹958 Cr | Mar 2023 ₹1.1K Cr | Jun 2023 ₹900 Cr | Sep 2023 ₹913 Cr | Dec 2023 ₹965 Cr | Mar 2024 ₹1.2K Cr | Jun 2024 ₹1.0K Cr | Sep 2024 ₹1.0K Cr | Dec 2024 ₹1.1K Cr | Mar 2025 ₹1.3K Cr | Jun 2025 ₹979 Cr | Sep 2025 ₹1.0K Cr | Dec 2025 ₹1.1K Cr | Mar 2026 ₹1.4K Cr | Jun 2026 —
- WPIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹455 Cr | Mar 2023 ₹520 Cr | Jun 2023 ₹324 Cr | Sep 2023 ₹319 Cr | Dec 2023 ₹431 Cr | Mar 2024 ₹591 Cr | Jun 2024 ₹363 Cr | Sep 2024 ₹491 Cr | Dec 2024 ₹382 Cr | Mar 2025 ₹572 Cr | Jun 2025 ₹379 Cr | Sep 2025 ₹426 Cr | Dec 2025 ₹539 Cr | Mar 2026 ₹511 Cr | Jun 2026 ₹501 Cr
- ROTO: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 ₹47 Cr | Dec 2022 ₹57 Cr | Mar 2023 ₹72 Cr | Jun 2023 ₹54 Cr | Sep 2023 ₹81 Cr | Dec 2023 ₹57 Cr | Mar 2024 ₹82 Cr | Jun 2024 ₹58 Cr | Sep 2024 ₹85 Cr | Dec 2024 ₹73 Cr | Mar 2025 ₹79 Cr | Jun 2025 ₹66 Cr | Sep 2025 ₹65 Cr | Dec 2025 ₹73 Cr | Mar 2026 ₹81 Cr | Jun 2026 —

### 20-quarter Revenue growth history
- KSB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 48% | Sep 2022 17% | Dec 2022 18% | Mar 2023 17% | Jun 2023 32% | Sep 2023 31% | Dec 2023 15% | Mar 2024 11% | Jun 2024 9.3% | Sep 2024 9.2% | Dec 2024 20% | Mar 2025 9.4% | Jun 2025 3.3% | Sep 2025 5.5% | Dec 2025 8.0% | Mar 2026 1.0% | Jun 2026 —
- KIRLOSBROS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 25% | Sep 2022 15% | Dec 2022 32% | Mar 2023 18% | Jun 2023 15% | Sep 2023 5.7% | Dec 2023 0.7% | Mar 2024 8.8% | Jun 2024 15% | Sep 2024 13% | Dec 2024 19% | Mar 2025 4.7% | Jun 2025 -5.0% | Sep 2025 -0.8% | Dec 2025 -2.5% | Mar 2026 10% | Jun 2026 —
- WPIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -5.3% | Mar 2024 14% | Jun 2024 12% | Sep 2024 54% | Dec 2024 -11% | Mar 2025 -3.2% | Jun 2025 4.4% | Sep 2025 -13% | Dec 2025 41% | Mar 2026 -11% | Jun 2026 32%
- ROTO: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 74% | Dec 2023 -1.0% | Mar 2024 14% | Jun 2024 5.7% | Sep 2024 3.9% | Dec 2024 28% | Mar 2025 -3.6% | Jun 2025 14% | Sep 2025 -23% | Dec 2025 0.0% | Mar 2026 2.9% | Jun 2026 —

## Operating Economics & Margin Trend

What the numbers say: Roto Pumps Ltd leads opm at 15.7%; WPIL Ltd leads margin change at +2 percentage points.

Investor read: Roto Pumps Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Roto Pumps Ltd · 15.7% | 4.7% versus #2 · WPIL Ltd | 2/8 recent comparable periods | 4/4 companies · 77 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Roto Pumps Ltd (ROTO): 16%
2. WPIL Ltd (WPIL): 15%
3. Kirloskar Brothers Ltd (KIRLOSBROS): 13%
4. KSB Ltd (KSB): 8.0%

### Margin change — fastest expanders
1. WPIL Ltd (WPIL): +2.0 pp
2. Kirloskar Brothers Ltd (KIRLOSBROS): −2.0 pp
3. KSB Ltd (KSB): −3.0 pp
4. Roto Pumps Ltd (ROTO): −9.9 pp

### 20-quarter OPM history
- KSB: Sep 2021 14% | Dec 2021 13% | Mar 2022 13% | Jun 2022 14% | Sep 2022 13% | Dec 2022 15% | Mar 2023 12% | Jun 2023 14% | Sep 2023 12% | Dec 2023 13% | Mar 2024 11% | Jun 2024 14% | Sep 2024 14% | Dec 2024 14% | Mar 2025 11% | Jun 2025 14% | Sep 2025 13% | Dec 2025 17% | Mar 2026 8.0% | Jun 2026 —
- KIRLOSBROS: Sep 2021 4.8% | Dec 2021 6.0% | Mar 2022 9.9% | Jun 2022 5.2% | Sep 2022 7.3% | Dec 2022 16% | Mar 2023 13% | Jun 2023 12% | Sep 2023 10% | Dec 2023 13% | Mar 2024 16% | Jun 2024 11% | Sep 2024 14% | Dec 2024 14% | Mar 2025 15% | Jun 2025 11% | Sep 2025 11% | Dec 2025 13% | Mar 2026 13% | Jun 2026 —
- WPIL: Sep 2021 21% | Dec 2021 14% | Mar 2022 22% | Jun 2022 17% | Sep 2022 12% | Dec 2022 19% | Mar 2023 20% | Jun 2023 18% | Sep 2023 21% | Dec 2023 16% | Mar 2024 17% | Jun 2024 17% | Sep 2024 21% | Dec 2024 13% | Mar 2025 14% | Jun 2025 13% | Sep 2025 19% | Dec 2025 21% | Mar 2026 15% | Jun 2026 15%
- ROTO: Sep 2021 27% | Dec 2021 25% | Mar 2022 23% | Jun 2022 25% | Sep 2022 22% | Dec 2022 23% | Mar 2023 26% | Jun 2023 23% | Sep 2023 25% | Dec 2023 20% | Mar 2024 26% | Jun 2024 21% | Sep 2024 23% | Dec 2024 15% | Mar 2025 26% | Jun 2025 21% | Sep 2025 18% | Dec 2025 19% | Mar 2026 16% | Jun 2026 —

### 20-quarter Margin change history
- KSB: Sep 2021 −2.8 pp | Dec 2021 −7.7 pp | Mar 2022 −3.2 pp | Jun 2022 +0.7 pp | Sep 2022 −1.5 pp | Dec 2022 +2.3 pp | Mar 2023 −1.1 pp | Jun 2023 +0.4 pp | Sep 2023 −0.5 pp | Dec 2023 −2.0 pp | Mar 2024 −1.0 pp | Jun 2024 0.0 pp | Sep 2024 +2.0 pp | Dec 2024 +1.0 pp | Mar 2025 0.0 pp | Jun 2025 0.0 pp | Sep 2025 −1.0 pp | Dec 2025 +3.0 pp | Mar 2026 −3.0 pp | Jun 2026 —
- KIRLOSBROS: Sep 2021 −4.0 pp | Dec 2021 −6.6 pp | Mar 2022 −0.5 pp | Jun 2022 +1.1 pp | Sep 2022 +2.5 pp | Dec 2022 +10.0 pp | Mar 2023 +3.1 pp | Jun 2023 +6.8 pp | Sep 2023 +2.8 pp | Dec 2023 −3.0 pp | Mar 2024 +3.0 pp | Jun 2024 −1.0 pp | Sep 2024 +4.0 pp | Dec 2024 +1.0 pp | Mar 2025 −1.0 pp | Jun 2025 0.0 pp | Sep 2025 −3.0 pp | Dec 2025 −1.0 pp | Mar 2026 −2.0 pp | Jun 2026 —
- WPIL: Sep 2021 +8.2 pp | Dec 2021 +3.4 pp | Mar 2022 −0.7 pp | Jun 2022 +6.2 pp | Sep 2022 −8.6 pp | Dec 2022 +5.4 pp | Mar 2023 −1.7 pp | Jun 2023 +0.7 pp | Sep 2023 +8.8 pp | Dec 2023 −3.0 pp | Mar 2024 −3.0 pp | Jun 2024 −1.0 pp | Sep 2024 0.0 pp | Dec 2024 −3.0 pp | Mar 2025 −3.0 pp | Jun 2025 −4.0 pp | Sep 2025 −2.0 pp | Dec 2025 +8.0 pp | Mar 2026 +1.0 pp | Jun 2026 +2.0 pp
- ROTO: Sep 2021 −1.3 pp | Dec 2021 −3.1 pp | Mar 2022 +10.4 pp | Jun 2022 −3.8 pp | Sep 2022 −4.4 pp | Dec 2022 −1.7 pp | Mar 2023 +3.0 pp | Jun 2023 −1.7 pp | Sep 2023 +2.9 pp | Dec 2023 −3.0 pp | Mar 2024 −0.1 pp | Jun 2024 −2.2 pp | Sep 2024 −2.3 pp | Dec 2024 −4.7 pp | Mar 2025 +0.0 pp | Jun 2025 −0.3 pp | Sep 2025 −4.9 pp | Dec 2025 +3.2 pp | Mar 2026 −9.9 pp | Jun 2026 —

## Profit Scale & Acceleration

What the numbers say: Kirloskar Brothers Ltd leads with ₹377 crore of TTM profit, 45.6% above KSB Ltd. WPIL Ltd shows ≥100% on the scoring scale (114.7% uncapped) growth from a ₹234 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Kirloskar Brothers Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Kirloskar Brothers Ltd · ₹377 crore | 45.6% versus #2 · KSB Ltd | 5/8 recent comparable periods | 4/4 companies · 68 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. Kirloskar Brothers Ltd (KIRLOSBROS): ₹377 Cr
2. KSB Ltd (KSB): ₹259 Cr
3. WPIL Ltd (WPIL): ₹234 Cr
4. Roto Pumps Ltd (ROTO): ₹25 Cr

### Profit growth — fastest growers
1. WPIL Ltd (WPIL): 100%
2. KSB Ltd (KSB): 1.6%
3. Kirloskar Brothers Ltd (KIRLOSBROS): -10%
4. Roto Pumps Ltd (ROTO): -26%

### 20-quarter Net profit history
- KSB: Sep 2021 ₹39 Cr | Dec 2021 ₹39 Cr | Mar 2022 ₹40 Cr | Jun 2022 ₹47 Cr | Sep 2022 ₹39 Cr | Dec 2022 ₹56 Cr | Mar 2023 ₹41 Cr | Jun 2023 ₹63 Cr | Sep 2023 ₹50 Cr | Dec 2023 ₹55 Cr | Mar 2024 ₹45 Cr | Jun 2024 ₹68 Cr | Sep 2024 ₹62 Cr | Dec 2024 ₹73 Cr | Mar 2025 ₹52 Cr | Jun 2025 ₹70 Cr | Sep 2025 ₹68 Cr | Dec 2025 ₹81 Cr | Mar 2026 ₹40 Cr | Jun 2026 —
- KIRLOSBROS: Sep 2021 ₹6 Cr | Dec 2021 ₹22 Cr | Mar 2022 ₹55 Cr | Jun 2022 ₹15 Cr | Sep 2022 ₹31 Cr | Dec 2022 ₹89 Cr | Mar 2023 ₹101 Cr | Jun 2023 ₹64 Cr | Sep 2023 ₹51 Cr | Dec 2023 ₹82 Cr | Mar 2024 ₹153 Cr | Jun 2024 ₹66 Cr | Sep 2024 ₹97 Cr | Dec 2024 ₹118 Cr | Mar 2025 ₹138 Cr | Jun 2025 ₹68 Cr | Sep 2025 ₹72 Cr | Dec 2025 ₹125 Cr | Mar 2026 ₹112 Cr | Jun 2026 —
- WPIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹84 Cr | Mar 2023 ₹79 Cr | Jun 2023 ₹40 Cr | Sep 2023 ₹43 Cr | Dec 2023 ₹535 Cr | Mar 2024 ₹66 Cr | Jun 2024 ₹43 Cr | Sep 2024 ₹70 Cr | Dec 2024 ₹37 Cr | Mar 2025 ₹-24 Cr | Jun 2025 ₹26 Cr | Sep 2025 ₹52 Cr | Dec 2025 ₹76 Cr | Mar 2026 ₹47 Cr | Jun 2026 ₹59 Cr
- ROTO: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 ₹7 Cr | Dec 2022 ₹9 Cr | Mar 2023 ₹11 Cr | Jun 2023 ₹8 Cr | Sep 2023 ₹13 Cr | Dec 2023 ₹6 Cr | Mar 2024 ₹13 Cr | Jun 2024 ₹6 Cr | Sep 2024 ₹11 Cr | Dec 2024 ₹4 Cr | Mar 2025 ₹13 Cr | Jun 2025 ₹6 Cr | Sep 2025 ₹6 Cr | Dec 2025 ₹7 Cr | Mar 2026 ₹6 Cr | Jun 2026 —

### 20-quarter Profit growth history
- KSB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 74% | Sep 2022 0.0% | Dec 2022 44% | Mar 2023 2.5% | Jun 2023 34% | Sep 2023 28% | Dec 2023 -1.8% | Mar 2024 9.8% | Jun 2024 7.9% | Sep 2024 24% | Dec 2024 33% | Mar 2025 16% | Jun 2025 2.9% | Sep 2025 9.7% | Dec 2025 11% | Mar 2026 -23% | Jun 2026 —
- KIRLOSBROS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 25% | Sep 2022 417% | Dec 2022 305% | Mar 2023 84% | Jun 2023 327% | Sep 2023 65% | Dec 2023 -7.9% | Mar 2024 51% | Jun 2024 3.1% | Sep 2024 90% | Dec 2024 44% | Mar 2025 -9.8% | Jun 2025 3.0% | Sep 2025 -26% | Dec 2025 5.9% | Mar 2026 -19% | Jun 2026 —
- WPIL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 537% | Mar 2024 -16% | Jun 2024 7.5% | Sep 2024 63% | Dec 2024 -93% | Mar 2025 -136% | Jun 2025 -40% | Sep 2025 -26% | Dec 2025 105% | Mar 2026 — | Jun 2026 127%
- ROTO: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 95% | Dec 2023 -32% | Mar 2024 16% | Jun 2024 -25% | Sep 2024 -10% | Dec 2024 -37% | Mar 2025 -1.8% | Jun 2025 12% | Sep 2025 -48% | Dec 2025 70% | Mar 2026 -54% | Jun 2026 —

## Capacity Spending & Returns On It

What the numbers say: There is not enough comparable evidence to name a reliable capex leader.

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/4 companies · 0 observations

Definition: CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.

### CAPEX — largest spenders

### CAPEX intensity — highest reinvestment intensity

### 20-quarter CAPEX history

### 20-quarter CAPEX intensity history

## Debt Load & Balance-Sheet Headroom

What the numbers say: Kirloskar Brothers Ltd has the clearest covered balance-sheet capacity with ₹633 crore net cash and gross debt of ₹250 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Evidence: KSB Ltd · ₹5 crore | 84.4% versus #2 · Roto Pumps Ltd | 8/8 recent comparable periods | 4/4 companies · 63 observations

Definition: Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.

### Gross debt — lowest gross debt
1. KSB Ltd (KSB): ₹5 Cr
2. Roto Pumps Ltd (ROTO): ₹32 Cr
3. Kirloskar Brothers Ltd (KIRLOSBROS): ₹250 Cr
4. WPIL Ltd (WPIL): ₹502 Cr

### Net debt — lowest net debt
1. Kirloskar Brothers Ltd (KIRLOSBROS): ₹-633 Cr
2. KSB Ltd (KSB): ₹-277 Cr
3. Roto Pumps Ltd (ROTO): ₹9 Cr

### 20-quarter Gross debt history
- KSB: Sep 2021 ₹71 Cr | Dec 2021 ₹3 Cr | Mar 2022 ₹3 Cr | Jun 2022 ₹32 Cr | Sep 2022 ₹32 Cr | Dec 2022 ₹3 Cr | Mar 2023 ₹3 Cr | Jun 2023 ₹3 Cr | Sep 2023 ₹3 Cr | Dec 2023 ₹3 Cr | Mar 2024 ₹3 Cr | Jun 2024 ₹3 Cr | Sep 2024 ₹3 Cr | Dec 2024 ₹3 Cr | Mar 2025 ₹3 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹5 Cr | Dec 2025 ₹5 Cr | Mar 2026 ₹5 Cr | Jun 2026 —
- KIRLOSBROS: Sep 2021 ₹361 Cr | Dec 2021 ₹361 Cr | Mar 2022 ₹396 Cr | Jun 2022 ₹396 Cr | Sep 2022 ₹295 Cr | Dec 2022 ₹295 Cr | Mar 2023 ₹286 Cr | Jun 2023 ₹286 Cr | Sep 2023 ₹198 Cr | Dec 2023 ₹198 Cr | Mar 2024 ₹192 Cr | Jun 2024 ₹192 Cr | Sep 2024 ₹167 Cr | Dec 2024 ₹167 Cr | Mar 2025 ₹182 Cr | Jun 2025 ₹182 Cr | Sep 2025 ₹219 Cr | Dec 2025 ₹219 Cr | Mar 2026 ₹250 Cr | Jun 2026 —
- WPIL: Sep 2021 — | Dec 2021 — | Mar 2022 ₹317 Cr | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 ₹258 Cr | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 ₹220 Cr | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 ₹467 Cr | Jun 2025 — | Sep 2025 ₹576 Cr | Dec 2025 — | Mar 2026 ₹502 Cr | Jun 2026 —
- ROTO: Sep 2021 ₹15 Cr | Dec 2021 ₹15 Cr | Mar 2022 ₹34 Cr | Jun 2022 ₹34 Cr | Sep 2022 ₹32 Cr | Dec 2022 ₹32 Cr | Mar 2023 ₹56 Cr | Jun 2023 ₹56 Cr | Sep 2023 ₹47 Cr | Dec 2023 ₹47 Cr | Mar 2024 ₹53 Cr | Jun 2024 ₹53 Cr | Sep 2024 ₹47 Cr | Dec 2024 ₹47 Cr | Mar 2025 ₹45 Cr | Jun 2025 ₹45 Cr | Sep 2025 ₹29 Cr | Dec 2025 ₹29 Cr | Mar 2026 ₹32 Cr | Jun 2026 —

### 20-quarter Net debt history
- KSB: Sep 2021 ₹-357 Cr | Dec 2021 ₹-237 Cr | Mar 2022 ₹-237 Cr | Jun 2022 ₹-277 Cr | Sep 2022 ₹-277 Cr | Dec 2022 ₹-155 Cr | Mar 2023 ₹-155 Cr | Jun 2023 ₹-244 Cr | Sep 2023 ₹-244 Cr | Dec 2023 ₹-271 Cr | Mar 2024 ₹-272 Cr | Jun 2024 ₹-384 Cr | Sep 2024 ₹-384 Cr | Dec 2024 ₹-320 Cr | Mar 2025 ₹-320 Cr | Jun 2025 ₹-312 Cr | Sep 2025 ₹-312 Cr | Dec 2025 ₹-277 Cr | Mar 2026 ₹-277 Cr | Jun 2026 —
- KIRLOSBROS: Sep 2021 ₹77 Cr | Dec 2021 ₹77 Cr | Mar 2022 ₹-20 Cr | Jun 2022 ₹-20 Cr | Sep 2022 ₹15 Cr | Dec 2022 ₹15 Cr | Mar 2023 ₹-192 Cr | Jun 2023 ₹-192 Cr | Sep 2023 ₹-178 Cr | Dec 2023 ₹-178 Cr | Mar 2024 ₹-402 Cr | Jun 2024 ₹-396 Cr | Sep 2024 ₹-557 Cr | Dec 2024 ₹-557 Cr | Mar 2025 ₹-522 Cr | Jun 2025 ₹-522 Cr | Sep 2025 ₹-404 Cr | Dec 2025 ₹-404 Cr | Mar 2026 ₹-633 Cr | Jun 2026 —
- ROTO: Sep 2021 ₹-17 Cr | Dec 2021 ₹-17 Cr | Mar 2022 ₹11 Cr | Jun 2022 ₹5 Cr | Sep 2022 ₹8 Cr | Dec 2022 ₹8 Cr | Mar 2023 ₹28 Cr | Jun 2023 ₹23 Cr | Sep 2023 ₹21 Cr | Dec 2023 ₹21 Cr | Mar 2024 ₹28 Cr | Jun 2024 ₹21 Cr | Sep 2024 ₹23 Cr | Dec 2024 ₹23 Cr | Mar 2025 ₹21 Cr | Jun 2025 ₹15 Cr | Sep 2025 ₹10 Cr | Dec 2025 ₹10 Cr | Mar 2026 ₹9 Cr | Jun 2026 —

## Return On Capital Employed

What the numbers say: KSB Ltd leads ROCE at 24.7%, 4.3 percentage points above Kirloskar Brothers Ltd. WPIL Ltd has the strongest latest improvement at -1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: KSB Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: KSB Ltd · 24.7% | 21.1% versus #2 · Kirloskar Brothers Ltd | 4/8 recent comparable periods | 4/4 companies · 46 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. KSB Ltd (KSB): 25%
2. Kirloskar Brothers Ltd (KIRLOSBROS): 20%
3. Roto Pumps Ltd (ROTO): 15%
4. WPIL Ltd (WPIL): 15%

### ROCE change — fastest improvers
1. WPIL Ltd (WPIL): −1.0 pp
2. KSB Ltd (KSB): −2.7 pp
3. Roto Pumps Ltd (ROTO): −5.2 pp
4. Kirloskar Brothers Ltd (KIRLOSBROS): −6.1 pp

### 20-quarter ROCE history
- KSB: Sep 2021 — | Dec 2021 16% | Mar 2022 — | Jun 2022 16% | Sep 2022 — | Dec 2022 18% | Mar 2023 — | Jun 2023 18% | Sep 2023 24% | Dec 2023 18% | Mar 2024 23% | Jun 2024 18% | Sep 2024 24% | Dec 2024 18% | Mar 2025 24% | Jun 2025 18% | Sep 2025 24% | Dec 2025 18% | Mar 2026 21% | Jun 2026 —
- KIRLOSBROS: Sep 2021 13% | Dec 2021 — | Mar 2022 10% | Jun 2022 — | Sep 2022 13% | Dec 2022 — | Mar 2023 21% | Jun 2023 — | Sep 2023 27% | Dec 2023 28% | Mar 2024 23% | Jun 2024 29% | Sep 2024 24% | Dec 2024 32% | Mar 2025 23% | Jun 2025 28% | Sep 2025 20% | Dec 2025 23% | Mar 2026 17% | Jun 2026 —
- ROTO: Sep 2021 27% | Dec 2021 — | Mar 2022 26% | Jun 2022 — | Sep 2022 25% | Dec 2022 — | Mar 2023 27% | Jun 2023 30% | Sep 2023 30% | Dec 2023 32% | Mar 2024 25% | Jun 2024 28% | Sep 2024 22% | Dec 2024 24% | Mar 2025 19% | Jun 2025 23% | Sep 2025 16% | Dec 2025 20% | Mar 2026 14% | Jun 2026 —

### 20-quarter ROCE change history
- KSB: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 +2.0 pp | Mar 2023 — | Jun 2023 +1.8 pp | Sep 2023 — | Dec 2023 +0.5 pp | Mar 2024 — | Jun 2024 −0.2 pp | Sep 2024 −0.5 pp | Dec 2024 +0.2 pp | Mar 2025 +0.3 pp | Jun 2025 +0.2 pp | Sep 2025 −0.2 pp | Dec 2025 +0.1 pp | Mar 2026 −2.7 pp | Jun 2026 —
- KIRLOSBROS: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.5 pp | Dec 2022 — | Mar 2023 +11.0 pp | Jun 2023 — | Sep 2023 +13.9 pp | Dec 2023 — | Mar 2024 +1.8 pp | Jun 2024 — | Sep 2024 −3.2 pp | Dec 2024 +4.1 pp | Mar 2025 −0.4 pp | Jun 2025 −0.9 pp | Sep 2025 −3.9 pp | Dec 2025 −9.4 pp | Mar 2026 −6.1 pp | Jun 2026 —
- ROTO: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.5 pp | Dec 2022 — | Mar 2023 +0.2 pp | Jun 2023 — | Sep 2023 +4.8 pp | Dec 2023 — | Mar 2024 −1.2 pp | Jun 2024 −2.4 pp | Sep 2024 −7.3 pp | Dec 2024 −7.5 pp | Mar 2025 −6.2 pp | Jun 2025 −5.2 pp | Sep 2025 −5.8 pp | Dec 2025 −3.6 pp | Mar 2026 −5.2 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: Kirloskar Brothers Ltd has the lowest comparable Guarded PEG at 1.75×, 42.2% below KSB Ltd. Only 2 of 4 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: Kirloskar Brothers Ltd · 1.75× | 42.2% versus #2 · KSB Ltd | 0/8 recent comparable periods | 2/4 companies · 25 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.

### Guarded PEG — lowest PEG
1. Kirloskar Brothers Ltd (KIRLOSBROS): 1.8
2. KSB Ltd (KSB): 3.0

### P/E — lowest P/E
1. WPIL Ltd (WPIL): 25.9
2. Kirloskar Brothers Ltd (KIRLOSBROS): 37.0
3. Roto Pumps Ltd (ROTO): 51.8
4. KSB Ltd (KSB): 54.8

### 20-quarter Guarded PEG history
- KSB: Sep 2021 — | Dec 2021 0.6 | Mar 2022 0.5 | Jun 2022 2.2 | Sep 2022 3.0 | Dec 2022 2.4 | Mar 2023 1.8 | Jun 2023 1.6 | Sep 2023 2.7 | Dec 2023 2.2 | Mar 2024 4.5 | Jun 2024 9.2 | Sep 2024 7.4 | Dec 2024 6.1 | Mar 2025 2.7 | Jun 2025 — | Sep 2025 3.1 | Dec 2025 3.5 | Mar 2026 3.0 | Jun 2026 —
- KIRLOSBROS: Sep 2021 — | Dec 2021 — | Mar 2022 0.9 | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 0.6 | Jun 2024 1.1 | Sep 2024 2.0 | Dec 2024 1.4 | Mar 2025 0.6 | Jun 2025 2.0 | Sep 2025 1.8 | Dec 2025 — | Mar 2026 — | Jun 2026 —

### 20-quarter P/E history
- KSB: Sep 2021 29.6 | Dec 2021 29.9 | Mar 2022 28.4 | Jun 2022 33.6 | Sep 2022 41.8 | Dec 2022 40.5 | Mar 2023 39.9 | Jun 2023 41.0 | Sep 2023 52.4 | Dec 2023 57.5 | Mar 2024 64.3 | Jun 2024 76.9 | Sep 2024 71.2 | Dec 2024 57.6 | Mar 2025 50.2 | Jun 2025 56.0 | Sep 2025 55.5 | Dec 2025 50.4 | Mar 2026 48.3 | Jun 2026 —
- KIRLOSBROS: Sep 2021 14.8 | Dec 2021 15.5 | Mar 2022 19.0 | Jun 2022 26.7 | Sep 2022 27.9 | Dec 2022 21.1 | Mar 2023 16.9 | Jun 2023 20.4 | Sep 2023 23.6 | Dec 2023 23.3 | Mar 2024 29.8 | Jun 2024 49.0 | Sep 2024 39.9 | Dec 2024 40.6 | Mar 2025 31.3 | Jun 2025 43.9 | Sep 2025 36.7 | Dec 2025 32.1 | Mar 2026 27.4 | Jun 2026 —
- WPIL: Sep 2021 9.5 | Dec 2021 9.1 | Mar 2022 9.8 | Jun 2022 10.2 | Sep 2022 11.2 | Dec 2022 10.4 | Mar 2023 15.1 | Jun 2023 16.9 | Sep 2023 16.6 | Dec 2023 20.7 | Mar 2024 22.4 | Jun 2024 26.1 | Sep 2024 24.5 | Dec 2024 36.6 | Mar 2025 20.9 | Jun 2025 31.0 | Sep 2025 37.4 | Dec 2025 41.9 | Mar 2026 31.8 | Jun 2026 30.6
- ROTO: Sep 2021 20.4 | Dec 2021 21.6 | Mar 2022 22.8 | Jun 2022 23.8 | Sep 2022 23.4 | Dec 2022 26.0 | Mar 2023 31.4 | Jun 2023 35.9 | Sep 2023 31.5 | Dec 2023 32.6 | Mar 2024 29.5 | Jun 2024 42.2 | Sep 2024 47.1 | Dec 2024 51.1 | Mar 2025 38.6 | Jun 2025 53.2 | Sep 2025 42.5 | Dec 2025 46.5 | Mar 2026 30.5 | Jun 2026 —

## Enterprise Value & Book Value

What the numbers say: WPIL Ltd leads both ev/ebitda at 12.9× and p/bv at 2.76×.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Evidence: WPIL Ltd · 12.9× | 15.1% versus #2 · Roto Pumps Ltd | 0/8 recent comparable periods | 4/4 companies · 77 observations

Definition: EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.

### EV/EBITDA — lowest EV/EBITDA
1. WPIL Ltd (WPIL): 12.9
2. Roto Pumps Ltd (ROTO): 15.2
3. Kirloskar Brothers Ltd (KIRLOSBROS): 17.9
4. KSB Ltd (KSB): 30.2

### P/BV — lowest P/BV
1. WPIL Ltd (WPIL): 2.8
2. Roto Pumps Ltd (ROTO): 5.3
3. Kirloskar Brothers Ltd (KIRLOSBROS): 5.9
4. KSB Ltd (KSB): 9.0

### 20-quarter EV/EBITDA history
- KSB: Sep 2021 14.7 | Dec 2021 14.8 | Mar 2022 15.7 | Jun 2022 18.6 | Sep 2022 24.5 | Dec 2022 23.4 | Mar 2023 23.4 | Jun 2023 24.4 | Sep 2023 32.0 | Dec 2023 35.5 | Mar 2024 39.2 | Jun 2024 47.1 | Sep 2024 43.3 | Dec 2024 35.2 | Mar 2025 31.3 | Jun 2025 35.0 | Sep 2025 34.8 | Dec 2025 31.5 | Mar 2026 30.2 | Jun 2026 —
- KIRLOSBROS: Sep 2021 9.2 | Dec 2021 9.5 | Mar 2022 10.0 | Jun 2022 11.2 | Sep 2022 11.8 | Dec 2022 10.0 | Mar 2023 9.5 | Jun 2023 11.9 | Sep 2023 13.6 | Dec 2023 13.5 | Mar 2024 17.2 | Jun 2024 29.2 | Sep 2024 23.4 | Dec 2024 24.3 | Mar 2025 19.3 | Jun 2025 27.0 | Sep 2025 22.5 | Dec 2025 19.4 | Mar 2026 17.9 | Jun 2026 —
- WPIL: Sep 2021 5.1 | Dec 2021 4.2 | Mar 2022 4.3 | Jun 2022 5.2 | Sep 2022 5.3 | Dec 2022 5.0 | Mar 2023 7.9 | Jun 2023 9.1 | Sep 2023 8.6 | Dec 2023 10.8 | Mar 2024 10.3 | Jun 2024 12.6 | Sep 2024 11.0 | Dec 2024 18.3 | Mar 2025 11.0 | Jun 2025 10.8 | Sep 2025 13.3 | Dec 2025 13.2 | Mar 2026 10.2 | Jun 2026 12.9
- ROTO: Sep 2021 11.9 | Dec 2021 13.2 | Mar 2022 14.2 | Jun 2022 14.3 | Sep 2022 14.4 | Dec 2022 15.2 | Mar 2023 17.9 | Jun 2023 20.6 | Sep 2023 18.3 | Dec 2023 19.2 | Mar 2024 16.7 | Jun 2024 23.9 | Sep 2024 25.6 | Dec 2024 26.8 | Mar 2025 19.6 | Jun 2025 27.3 | Sep 2025 21.3 | Dec 2025 22.2 | Mar 2026 15.2 | Jun 2026 —

### 20-quarter P/BV history
- KSB: Sep 2021 4.6 | Dec 2021 4.8 | Mar 2022 4.8 | Jun 2022 4.8 | Sep 2022 6.6 | Dec 2022 6.4 | Mar 2023 7.2 | Jun 2023 6.3 | Sep 2023 8.7 | Dec 2023 10.1 | Mar 2024 11.7 | Jun 2024 12.6 | Sep 2024 11.5 | Dec 2024 9.8 | Mar 2025 9.5 | Jun 2025 9.6 | Sep 2025 9.3 | Dec 2025 8.6 | Mar 2026 9.3 | Jun 2026 —
- KIRLOSBROS: Sep 2021 2.6 | Dec 2021 2.4 | Mar 2022 2.1 | Jun 2022 2.3 | Sep 2022 2.3 | Dec 2022 2.2 | Mar 2023 2.8 | Jun 2023 4.1 | Sep 2023 4.8 | Dec 2023 4.8 | Mar 2024 5.9 | Jun 2024 12.0 | Sep 2024 8.1 | Dec 2024 8.6 | Mar 2025 7.3 | Jun 2025 10.8 | Sep 2025 7.4 | Dec 2025 5.8 | Mar 2026 5.1 | Jun 2026 —
- WPIL: Sep 2021 1.6 | Dec 2021 1.6 | Mar 2022 1.5 | Jun 2022 1.8 | Sep 2022 1.9 | Dec 2022 1.8 | Mar 2023 3.7 | Jun 2023 4.4 | Sep 2023 3.5 | Dec 2023 4.3 | Mar 2024 3.9 | Jun 2024 5.2 | Sep 2024 3.3 | Dec 2024 5.3 | Mar 2025 3.1 | Jun 2025 3.3 | Sep 2025 3.1 | Dec 2025 2.7 | Mar 2026 2.6 | Jun 2026 3.5
- ROTO: Sep 2021 4.8 | Dec 2021 4.8 | Mar 2022 5.2 | Jun 2022 6.9 | Sep 2022 4.8 | Dec 2022 5.1 | Mar 2023 6.8 | Jun 2023 8.8 | Sep 2023 6.8 | Dec 2023 7.5 | Mar 2024 6.3 | Jun 2024 10.0 | Sep 2024 9.0 | Dec 2024 8.9 | Mar 2025 6.3 | Jun 2025 9.2 | Sep 2025 6.6 | Dec 2025 5.9 | Mar 2026 4.2 | Jun 2026 —

## Market action

WPIL Ltd has the strongest one-year price move in Pumps at +0.4%. KSB Ltd leads on Mansfield relative strength against NIFTY at +7.3%. 4 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-24.

### Strongest one-year price performers
1. WPIL Ltd (WPIL): 0.4%
2. KSB Ltd (KSB): -0.7%
3. Kirloskar Brothers Ltd (KIRLOSBROS): -14%
4. Roto Pumps Ltd (ROTO): -28%

### Strongest relative strength versus NIFTY 500
1. KSB Ltd (KSB): 7.3%
2. WPIL Ltd (WPIL): 7.2%
3. Kirloskar Brothers Ltd (KIRLOSBROS): 6.3%
4. Roto Pumps Ltd (ROTO): 2.9%

## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Capital expenditure, Valuation have fewer than three usable current readings.

## Every company
- KSB Ltd (KSB) — market value ₹15.1K Cr; latest fundamentals Mar 2026
- Kirloskar Brothers Ltd (KIRLOSBROS) — market value ₹14.6K Cr; latest fundamentals Mar 2026
- WPIL Ltd (WPIL) — market value ₹4.4K Cr; latest fundamentals Jun 2026; second-feed figures WITHHELD
- Roto Pumps Ltd (ROTO) — market value ₹1.3K Cr; latest fundamentals Mar 2026; includes UNVERIFIED second-feed figures

## Source standing of each company

Cross-checked: 2. Unverified: 1. Withheld: 1. Graded companies: 4.

1 of 4 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.

1 of 4 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: WPIL Ltd (WPIL) — its two data sources disagree by up to 24% on reported income across 14 comparable periods, so its derived ratios are withheld.

- WITHHELD | WPIL | WPIL Ltd | diff_gt_2pct | disagreement up to 23.83% over 14 comparable periods

- UNVERIFIED | ROTO | Roto Pumps Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-07-24.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### What is the Nifty Pumps index?

The Nifty Pumps index tracks India's listed Pumps companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Pumps sector rather than to its largest constituent. Figures are as of Jun 2026.

### Which are the best Pumps stocks in India?

Ranked by this page's four-factor score, WPIL Ltd places first among 4 listed Pumps companies, followed by Roto Pumps Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Pumps stocks are listed in India?

This comparison covers 4 listed Pumps companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which Pumps company is the biggest?

Kirloskar Brothers Ltd is the largest, with trailing-twelve-month revenue of ₹4,538 crore, ahead of KSB Ltd at ₹2,702 crore. That covers 4 of 4 companies with comparable reporting through Mar 2026.

### Which Pumps company is growing fastest?

WPIL Ltd has the fastest revenue growth at 8.4% year on year, across 4 of 4 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

### Which Pumps company has the best profit margins?

Roto Pumps Ltd has the highest operating margin at 15.7%, from 4 of 4 comparable companies. WPIL Ltd shows the biggest recent improvement, at +2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Pumps company makes the most profit?

Kirloskar Brothers Ltd earns the most, at ₹377 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. WPIL Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Pumps company earns the highest return on capital?

KSB Ltd leads on return on capital employed at 24.7%, across 4 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Pumps stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Kirloskar Brothers Ltd screens cheapest at 1.75×. Only 2 of 4 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Which Pumps company has the strongest balance sheet?

KSB Ltd carries the lowest comparable gross debt at ₹5 crore, from 4 of 4 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

### Is the Pumps sector beating the market?

Pumps has underperformed NIFTY 500 by 4.9% over the last 52 weeks and 5.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Pumps stock has the strongest price momentum?

KSB Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Pumps company scores highest for research priority?

WPIL Ltd scores 60.7 out of 100 with 73.2% evidence confidence, from 22.5 points on growth and earnings, 15.7 on capital efficiency, 10 on valuation and 12.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Pumps companies does this comparison cover, and over what period?

It compares 4 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Pumps sector?

The 4 Pumps companies on this page carry ₹35,336 crore of combined market value. KSB Ltd is the largest at ₹15,073 crore, about 43% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-30.

### How is the Pumps sector performing?

4 of the 4 covered Pumps companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 4.9% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-30.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

Narrative sector analysis: https://www.sectoralpha.in/sectors/pumps