# KSB share price today (KSB Ltd, NSE: KSB) > KSB share price today: ₹659.20 at the NSE close on 4 November 2026, down 12.9% in a year. KSB (NSE: KSB) is worth ₹11,475 crore, trades at a P/E of 43.7 and has closed between ₹651.10 and ₹993.80 over the past 52 weeks. > KSB Ltd is reporting record margins. KSB · Pumps · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/ksb-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: ₹659.20 (−12.9% in a year) - P/E: 43.7× (higher than 67% of the last 11 years) - Revenue (Jun 2026): ₹691 Cr (+3.6% on a year ago) - Profit (Jun 2026): ₹57.0 Cr (−18.6% on a year ago) - Operating margin: 12.0% (−2.0 points on a year ago) - ROCE: 25%, FY25 - ROIC: 13.8%, against a 12.0% cost of capital: +1.8 points The main question: domestic institutions moved +2.0 percentage points over 8 quarters while the business went the other way. ## What is the KSB share price today? KSB Ltd's share price was ₹659.20 at the close on 4 November 2026. It has been falling for 6 weeks. That is 18.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹651 and ₹994, and at that close it sat 2% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running. Over the last 11 years the share price moved +516% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at KSB this quarter? One change stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare). 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹691 crore, +3.6% on a year earlier. ## What are KSB's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), KSB reported revenue of ₹691 crore, up 3.6% from ₹667 crore a year earlier, and a profit of ₹57.0 crore, down 18.6% from ₹70.0 crore. ### KSB results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹691 crore | ₹667 crore | +3.6% | | Profit | ₹57.0 crore | ₹70.0 crore | −18.6% | | Earnings per share | ₹3.29 | ₹4.05 | −18.8% | | Operating margin | 12.0% | 14.0% | −2.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the KSB share price history? KSB closed at ₹659.20 on 4 November 2026, down 12.9% from ₹757.00 a year earlier (7 November 2025) and up 150.3% over five years. Its highest weekly close since March 2016 was ₹1,001.15 on 26 July 2024. ### KSB share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹651.10 | +1.2% | | 1 month ago · 1 Oct 2026 | ₹806.45 | −18.3% | | 6 months ago · 8 May 2026 | ₹877.35 | −24.9% | | 1 year ago · 7 Nov 2025 | ₹757.00 | −12.9% | | 3 years ago · 3 Nov 2023 | ₹602.96 | +9.3% | | 5 years ago · 4 Nov 2021 | ₹263.40 | +150.3% | | 10 years ago · 4 Nov 2016 | ₹116.52 | +465.7% | | Earliest weekly close in our records · 4 Mar 2016 | ₹107.03 | +515.9% | | Highest weekly close since March 2016 · 26 Jul 2024 | ₹1,001.15 | −34.2% | | Lowest weekly close since March 2016 · 3 Apr 2020 | ₹82.31 | +700.9% | | 52-week high (weekly close) · 29 Apr 2026 | ₹993.80 | −33.7% | | 52-week low (weekly close) · 30 Oct 2026 | ₹651.10 | +1.2% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 4 March 2016 to 4 November 2026.) ## What is the latest news on KSB? 4 Nov 2026: KSB closed at ₹659.20, up 1.2% on the week and down 18.3% on the month. Results for April to June 2026: Revenue up 3.6% and profit down 18.6% on a year earlier. ### Earlier - Our read, 17 May 2026: A quality German-pedigreed pump maker with a blocked nuclear step-change, patience until NPCIL testbed clears, then a high-margin order flush. - 8 May 2026: ex-date for a dividend of ₹4.40 a share. - 25 Jul 2024: Share split: face value cut from ₹10 to ₹2 a share (ex-date). ### Our read of the business Latest quarter: Nuclear dispatches begin, but profit before tax falls -22.9% on a year earlier on margin squeeze. (Our read after the latest results, written 17 May 2026.) ## What dividend does KSB pay? KSB paid ₹4.40 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.67% at the ₹659.20 close on 4 November 2026. The last was a dividend of ₹4.40 a share, ex-date 8 May 2026. ### KSB dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 8 May 2026 | ₹4.40 | Dividend | | 2 May 2025 | ₹4 | Dividend | | 13 Jun 2024 | ₹17.50 | Dividend | | 28 Apr 2023 | ₹15 | Dividend | | 28 Apr 2022 | ₹12.50 | Dividend | | 15 Apr 2021 | ₹8.50 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. KSB Ltd paid out 28% of its profit as dividends in FY25, and it paid a dividend in each of its last 12 reported years. (From the NSE corporate-actions record, read 5 November 2026.) ## What did KSB management say on the latest results call? KSB's management made 0 promises we could check against what it later reported. (Our read after the latest results, written 17 May 2026.) ## What is the future of KSB? What is changing in the business? What is changing at KSB, from the latest results and calls: nuclear order book execution (npcil gorakhpur + kudankulam), supremeserv aftermarket franchise growth and export expansion, aramco api monogram + norsok. - Nuclear Order Book Execution (NPCIL Gorakhpur + Kudankulam). ₹1,281.6 crore nuclear backlog (Dec 2025); 11 pumps dispatched to Kudankulam in Q1 CY2026, the blocked step-change is finally executing. ⚠ estimate - SupremeServ Aftermarket Franchise Growth. Dedicated Chinchwad plant for SupremeServ aftermarket; nuclear + FGD pumps are service-intensive, once dispatched, installed base multiplies high-margin recurring revenue. ⚠ estimate - Export Expansion, Aramco API Monogram + NORSOK. API Monogram certification expected 2026 unlocks Saudi Aramco export market currently served by KSB parent; NORSOK Phase 1 foundry certification opens ADNOC and Middle East clients. ⚠ estimate - Firefighting Pumps, Sunrise Segment (FM/UL Certified). Etanorm FXM received FM approval in Q3 2025, unlocking the ₹625 crore listed firefighting market driven by data centres, airports, and metros. ⚠ estimate We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the latest results, written 17 May 2026.) ## What is KSB's order book? Nuclear order book Dec 2025: ₹12,816 million (₹1,281.6 cr) + Ex-nuclear: ₹13,032 million = Total ₹25,848 million. ✓ fact (Our read after the latest results, written 17 May 2026.) ## What could change the KSB story? What are the risks? Mar 2026 quarter: operating margin 8%, profit -22.9% on a year earlier, geopolitical cost pressures and mix shift toward lower-margin government orders; operating profit guidance of 13-14% appears under stress in latest quarter. ### The main risks - Q1 CY2026 Margin Compression, operating margin at 8% vs 13-14% Guided Range: Mar 2026 quarter: operating margin 8%, profit -22.9% on a year earlier, geopolitical cost pressures and mix shift toward lower-margin government orders; operating profit guidance of 13-14% appears under stress in latest quarter. ✓ fact - Nuclear Delivery Timeline Risk, NPCIL Process Outside KSB Control: First 11 Kudankulam pumps dispatched in Q1 2026 but full nuclear backlog execution depends on NPCIL testing and acceptance, additional slippage risk remains. ✓ fact - Revenue Growth Deceleration, 6.4% CY2025 vs Historical 15-17%: Historical revenue yearly growth 15-17% collapsed to 6.4% in CY2025, management attributes entirely to nuclear timing; if conventional business also slows, thesis breaks. ✓ fact (Our read after the latest results, written 17 May 2026.) ## What to watch in KSB's next results? When KSB reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% on a year earlier growth. | What to check | Why | | --- | --- | | Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% on a year earlier growth. | | | Q2 CY2026 (Apr-Jun 2026) operating margin, recovery above 12% needed to confirm guided range. | Q1 CY2026 Margin Compression, operating margin at 8% vs 13-14% Guided Range | | NPCIL fleet tender issuance and Kudankulam dispatch volume in Q2-Q3 CY2026. | Nuclear Delivery Timeline Risk, NPCIL Process Outside KSB Control | | Export order intake as % of total in Q2 CY2026; any API Monogram certification announcement. | Geopolitical Export Disruption, Middle East Risk | | Q2 CY2026 revenue on a year earlier, minimum 10% expected to validate management narrative. | Revenue Growth Deceleration, 6.4% CY2025 vs Historical 15-17% | ## Which stock lists is KSB on? KSB is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) ## Is KSB profitable? KSB Ltd earned ₹57.0 Cr of net profit in the Jun 2026 quarter, −18.6% on the same quarter a year earlier. Full-year FY25 profit was ₹270 Cr. Over 10 years profit has grown 14.6% a year on average. That is 8.2% of the quarter's revenue. The same quarter a year earlier earned ₹70.0 Cr. For the full year, FY25 profit was ₹270 Cr (+9.3% on the year before). Why profit moved: revenue changed +3.6% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −5.3% and revenue +4.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does KSB make, and is it growing? KSB Ltd reported ₹691 Cr of revenue in the Jun 2026 quarter, +3.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 12.7% a year on average. The last full year, FY25, came in at ₹2,696 Cr. Why this happened. KSB is the only Indian company qualified for NPCIL nuclear pump supply. The Gorakhpur (Haryana) and Kudankulam projects together represent Rs 1,281.6 crore of orders on hand as of Dec 2025. After a full year of dispatch delays caused by NPCIL testbed electrical/auxiliary issues, Q1 CY2026 saw first delivery: 11 pumps to Kudankulam. Nuclear pumps carry materially higher EBITDA margins than conventional business. MD Rajeev Jain confirmed in Nov 2025 concall that revenue slowdown vs 15-17% historical CAGR was 'mainly attributable to the delay in dispatching nuclear pumps.' As dispatches accelerate through CY2026, this unlocks a non-linear earnings step-up. An additional fleet tender from NPCIL… The last four reported quarters add to ₹2,726 Cr. FY25 revenue was ₹2,696 Cr, +6.4% on the year before. Recent pace: the last four quarters grew +4.5% on average, against 12.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +4.7%, against +7.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −4.3%, against +6.2% a year (rolling over). ## How much of every ₹100 of sales does KSB keep? KSB Ltd's operating margin was 12.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 12 years it has been between 11.0% and 14.0%. The latest quarter is within that range. Why this happened. SupremeServ was formalized as a brand in 2018, with the Chinchwad plant dedicated to aftermarket operations post the Shirwal Energy Pumps Division move. Currently 15-17% of revenue (estimated), it grows with installed base. Nuclear pumps are explicitly cited as 'surely' contributing meaningfully to SupremeServ profitability (Rajesh Kulkarni, SupremeServ Head, Nov 2025 concall). The service intensity of nuclear and FGD pumps means each deployed unit generates a long revenue tail. Across 12 years it has been between 11.0% and 14.0%, and FY25's 14.0% is the highest of them. Why the margin moved: operating margin changed −1.9 percentage points on the year while gross margin changed +0.6 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is KSB's profit turning into cash? Over the last 3 years, 58% of KSB Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY25 it brought in ₹93.0 Cr of operating cash against ₹270 Cr of profit. After ₹119 Cr of spending on assets, free cash was −₹26.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 58% of profit came in as cash: the cash cycle got 66 days longer between FY20 and FY25, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 66 days longer. The next section looks at where the cash is stuck. ## Where does KSB's cash go? KSB Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 204 days in FY25, up from 138 days in FY20. It spent ₹341 Cr on assets over the last 3 years. Customers take 118 days to pay, and stock sits for 197 days on average. At FY25 sales of ₹2,696 Cr, each day of that cycle ties up about ₹7.4 Cr, so roughly ₹1,507 Cr is tied up in the business at any time. FY25: customers took 118 days to pay and stock sat for 197 days, about 6.5 months of sales sitting as stock, for a full cycle of 204 days, longer than FY20's 138. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 197 days. Customers pay about 118 days after that. Suppliers are paid at 111 days. Together that makes the 204-day cycle. Spending on assets: ₹341 Cr over the last 3 years, against ₹162 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹92.0 Cr (FY25): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is KSB's P/E ratio, and how does it compare with its own history? KSB Ltd's P/E is 43.7×, in the middle of its own history: higher than 67% of past readings. Its usual P/E (the middle reading) is 37.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹14.11. Why the multiple is where it is: over the past year earnings per share moved +9.3% while the price moved −12.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +20.1% a year; about +12.4% a year came from earnings growth and about +7.7 percentage points from the multiple (the market paying more); over 10 years the price moved +18.9% a year; about +14.4% a year came from earnings growth and about +4.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the KSB business getting better or worse? KSB Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −4.3% in the latest quarter, against +27.3% at its best in 12 quarters, with ROCE falling at 19.5%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## What is the KSB story, and has it been checked? KSB Ltd's story is not scored yet against the checks our research set on 17 May 2026. Where it sits in its own cycle: MID CONTRACTION. Our read, 17 May 2026. A quality German-pedigreed pump maker with a blocked nuclear step-change, patience until NPCIL testbed clears, then a high-margin order flush. From the numbers. Prior peak 73.9x (Jun 2024), trough 21x (Sep 2020). EARNINGS DRIVEN decomposition means… From the price. Price stage 4, week 6, below its 200-day line, relative strength falling. From the research. A quality German-pedigreed pump maker with a blocked nuclear step-change, patience until NPCIL testbed clears, then a high-margin order flush. Where they disagree. Prior peak 73.9x (Jun 2024), trough 21x (Sep 2020). FII stake slightly declining (5.35% Dec 2024 → 4.68% Jun 2025) while DII marginally increased (10.62% → 11.4%). Institutional signal is MIXED, smart money neither accumulating aggressively nor exiting. What is proven. A quality German-pedigreed pump maker with a blocked nuclear step-change, patience until NPCIL testbed clears, then a high-margin order flush. What is not proven yet. The test written in advance. The test written in advance. Q1 CY2026 Margin Compression, OPM at 8% vs 13-14% Guided Range. Measured by: Q1 CY2026 Margin Compression, OPM at 8% vs 13-14% Guided Range Q2 CY2026 (Apr-Jun 2026) OPM, recovery above 12% needed to confirm guided range by the next result. The test written in advance. Nuclear Delivery Timeline Risk, NPCIL Process Outside KSB Control. Measured by: Nuclear Delivery Timeline Risk, NPCIL Process Outside KSB Control NPCIL fleet tender issuance and Kudankulam dispatch volume in Q2-Q3 CY2026 by the next result. What the company does. CY2025 revenue ₹2,696 cr (+6.4% YoY), nuclear dispatch delay the sole drag; ex-nuclear conventional order book grew 22% in 9M 2025 and order intake averaged ₹249 cr/month. Nuclear order book of ₹1,281.6 cr sits fully in backlog; first 11 pumps dispatched to Kudankulam in Q1 CY2026, the step-change has begun executing. Lever 6 · Order-book wins: building. Rs 1,281.6 crore nuclear backlog (Dec 2025); 11 pumps dispatched to Kudankulam in Q1 CY2026, the blocked step-change is finally executing. What proves it keeps working: Nuclear Order Book Execution (NPCIL Gorakhpur + Kudankulam). It stops working if Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% YoY growth. Lever 2 · Value-added mix: building. Dedicated Chinchwad plant for SupremeServ aftermarket; nuclear + FGD pumps are service-intensive, once dispatched, installed base multiplies high-margin recurring revenue. What proves it keeps working: SupremeServ Aftermarket Franchise Growth. It stops working if Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% YoY growth. Lever 10 · New geographies: building. API Monogram certification expected 2026 unlocks Saudi Aramco export market currently served by KSB parent; NORSOK Phase 1 foundry certification opens ADNOC and Middle East clients. What proves it keeps working: Export Expansion, Aramco API Monogram + NORSOK. It stops working if Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% YoY growth. Lever 12 · New product launch: building. Etanorm FXM received FM approval in Q3 2025, unlocking the Rs 625 crore listed firefighting market driven by data centres, airports, and metros. What proves it keeps working: Firefighting Pumps, Sunrise Segment (FM/UL Certified). It stops working if Q2 CY2026 (Jun 2026) revenue, must show nuclear contribution driving >12% YoY growth. Sources: our stock research file (17 May 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## What is KSB management's track record? KSB Ltd India showed consistent on a year earlier revenue and profit growth: July to September 2023 revenue ₹626 crore / profit ₹61.7 crore, July to September 2024 revenue ₹671 crore / profit ₹67.5 crore. Annual revenue grew from ₹22.31B (FY23) to ₹25.20B (FY24). German parent KSB Group guides for 'significant increase in EBIT for 2025', Indian subsidiary growth trajectory consistent. No specific India management guidance misses surfaced. Company is capital goods manufacturer serving power/water/industrial sectors with long-cycle order books; quarterly volatility normal but trend is upward. No earnings call transcripts found with explicit guidance vs actual comparison. ### Regulatory and governance record No SEBI penalties, fraud investigations, or scam allegations found for KSB Ltd in 2024-2026. Search returned results for Kirloskar Brothers (a different company), KSB Ltd (German-Indian JV, formerly Mather & Platt) has no overlap. No enforcement actions by SEBI or stock exchanges during the FY2025 review period (confirmed via Annual Secretarial Compliance Report dated Feb 26, 2026). NIL violations noted. (Checked 12 April 2026.) ## How much does KSB earn on its capital? KSB Ltd earned a ROCE of 25% in FY25. That is up from a low of 15% in FY18. Its return on capital used (ROIC) is 1.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.0% net margin and 0.97× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 10.0% net margin × 0.97× asset turnover × 1.66× leverage (assets divided by equity) ≈ 16.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.8% − 12.0% = +1.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 13.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 18.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does KSB have too much debt? KSB Ltd has total debt of ₹6.0 Cr against shareholder equity of ₹1,698 Cr as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the KSB shareholding pattern? Domestic institutions raised their stake in KSB Ltd by 2.0 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 12.2% of the company. Foreign institutions moved −1.7 points over the same period, to 3.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +2.0 points over 8 quarters, to 12.2%; Foreign institutions: −1.7 points over 8 quarters, to 3.7%; Promoters: +0.0 points over 8 quarters, to 69.8%. Why the owners changed: foreign institutions moved −1.7 points and domestic institutions +2.0 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is KSB from balance-sheet trouble? For KSB Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does KSB rank in its industry? 28.9 out of 100, rank 4 of 4 in Pumps, with 93% of the evidence available. KSB Ltd scores 28.9 out of 100 against the 4 companies it is compared with in Pumps, ranking 4. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. The four parts add up to the total exactly: 7.9 + 17.9 + 3.1 + 0 = 28.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is KSB compared with? KSB ranks 4 of 4 Pumps companies on the 4-Factor Sector Score, with 28.9 out of 100. 1. [WPIL Ltd](https://www.sectoralpha.in/stocks/wpil-ltd) WPIL · quiet · Too little evidence to rank firmly · 57% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 8.3% · Profit 100% · Operating margin change -6 points · 95% evidence Capital efficiency 13.7/25 · ROCE 14.6% · Operating margin 13% · 76% evidence Valuation 10.0/20 · P/E 26.6× · PEG n/a · 0% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 2.4% · 1 year -9.1% · 25% evidence · 0 of 8 weeks ahead Exact sum: 17.1 + 13.7 + 10 + 11.2 = 52 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Kirloskar Brothers Ltd](https://www.sectoralpha.in/stocks/kirloskar-brothers-ltd) KIRLOSBROS · quiet · Evidence leans down · 82% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.2/35 · Revenue 10.8% · Profit -4% · Operating margin change -1 points · 100% evidence Capital efficiency 17.9/25 · ROCE 20.4% · Operating margin 10% · 100% evidence Valuation 8.6/20 · P/E 31.1× · PEG 1.75 · 85% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.1% · 1 year -14.5% · 25% evidence · 4 of 12 weeks ahead Exact sum: 8.2 + 17.9 + 8.6 + 9.5 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Roto Pumps Ltd](https://www.sectoralpha.in/stocks/roto-pumps-ltd) ROTO · basing · Evidence leans down · 86% evidence 43.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.6/35 · Revenue -2.6% · Profit -19.2% · Operating margin change -0.5 points · 88% evidence Capital efficiency 16.2/25 · ROCE 15.2% · Operating margin 20.1% · 100% evidence Valuation 5.0/20 · P/E 40× · PEG 7.26 · 50% evidence Relative strength 16.0/20 · Lead over its industry 3.6% · Lead over NIFTY 500 -0.5% · 1 year -16.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 6.6 + 16.2 + 5 + 16 = 43.8 · What this means: Relative strength against the index is -0.5%, and revenue and profit growth are weak. 4. KSB Ltd this page KSB · quiet · Most evidence points down · 93% evidence 28.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.9/35 · Revenue 4.7% · Profit -4.3% · Operating margin change -2 points · 88% evidence Capital efficiency 17.9/25 · ROCE 24.7% · Operating margin 12% · 100% evidence Valuation 3.1/20 · P/E 43.2× · PEG 3.02 · 85% evidence Relative strength 0.0/20 · Lead over its industry -11.3% · Lead over NIFTY 500 -15% · 1 year -17.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 7.9 + 17.9 + 3.1 + 0 = 28.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Pumps](https://www.sectoralpha.in/sectors/pumps), all 4 compared on one page. ## Which companies are close to KSB in size? KSB is the 2nd largest of 4 Pumps companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kirloskar Brothers. Just below it: WPIL and Roto Pumps. ### Pumps companies close in size 1. [Kirloskar Brothers Ltd](https://www.sectoralpha.in/stocks/kirloskar-brothers-ltd) ₹12,720 crore 2. KSB Ltd ₹11,332 crore 3. [WPIL Ltd](https://www.sectoralpha.in/stocks/wpil-ltd) ₹3,892 crore 4. [Roto Pumps Ltd](https://www.sectoralpha.in/stocks/roto-pumps-ltd) ₹1,108 crore [All 4 Pumps companies, largest first](https://www.sectoralpha.in/sectors/pumps#all-companies) ### Companies close in size in other industries 1. [Shipping Corporation of India Ltd](https://www.sectoralpha.in/stocks/shipping-corporation-of-india-ltd) ₹11,384 crore · Shipping 2. [Manorama Industries Ltd](https://www.sectoralpha.in/stocks/manorama-industries-ltd) ₹11,338 crore · FMCG - Chocolate 3. KSB Ltd ₹11,332 crore 4. [Va Tech Wabag Ltd](https://www.sectoralpha.in/stocks/va-tech-wabag-ltd) ₹11,330 crore · Water Treatment 5. [Metropolis Healthcare Ltd](https://www.sectoralpha.in/stocks/metropolis-healthcare-ltd) ₹11,320 crore · Diagnostics ## What else do people ask about KSB? ### What is KSB's share price today? KSB Ltd's share price is ₹659.20, −12.9% over the past year. The whole company is worth ₹11,475 Cr on the market. In the last 52 weeks it traded between ₹651 to ₹994; today it is 2% of the way up from the low, 18.5% below its 200-day average (as of 4 November 2026). ### What were KSB's latest quarterly results? KSB Ltd reported revenue of ₹691 Cr and net profit of ₹57.0 Cr for the Jun 2026 quarter. Revenue rose 3.6% and profit fell 18.6% compared with a year earlier. Earnings per share were ₹3.29. The operating margin was 12.0%, 2.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is KSB's market cap? KSB Ltd's market capitalisation is ₹11,475 Cr at a share price of ₹659.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is KSB performing? KSB Ltd's share price has been falling for 6 weeks. In its latest quarter, revenue rose 3.6% and profit fell 18.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running (as of 4 November 2026). ### Will KSB's share price go up? This page does not forecast KSB Ltd's share price. What it shows instead: the share price is ₹659.20, and it has been falling for 6 weeks. Its P/E of 43.7× is higher than 67% of its own last 11 years (as of 4 November 2026). ### Does KSB have too much debt? No, KSB Ltd has little debt: its debt is 0.00× its equity, and its operating profit is more than 100 times its interest bill. FY25 borrowings were ₹5.0 Cr against equity of ₹1,679 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is KSB in its business cycle? KSB Ltd's FY25 operating margin was 14.0%, against a 12-year range of 11.0% to 14.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the KSB story? The main question: domestic institutions moved +2.0 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is KSB a stock worth studying right now? What the numbers show: KSB Ltd is reporting record margins. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a KSB share price forecast for 2026? What is changing at KSB, from the latest results and calls: nuclear order book execution (npcil gorakhpur + kudankulam), supremeserv aftermarket franchise growth and export expansion, aramco api monogram + norsok. What would change the story: Mar 2026 quarter: operating margin 8%, profit -22.9% on a year earlier, geopolitical cost pressures and mix shift toward lower-margin government orders; operating profit guidance of 13-14% appears under stress in latest quarter. ### Where does this page get KSB's management information? From KSB's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india This is research, not advice. We’re not SEBI-registered.