350 Per Cent Returns: Water Theme Company Reports 33 Per Cent PAT Growth, Sales Up 21 Per Cent
Net profit witnessed a 33 per cent YoY increase, reaching Rs 73.1 crore, compared to Rs 54.9 crore in Q4 CY23.
KSB Ltd has delivered robust financial performance in Q4 CY24, posting double-digit growth in sales, EBITDA, and net profit, even as its stock price remains under pressure.
Financial Performance
The company’s revenue grew 21 per cent YoY to Rs 726.4 crore, compared to Rs 602.6 crore in Q4 CY23. EBITDA increased 22 per cent YoY to Rs 98.4 crore, up from Rs 80.9 crore in the previous year’s quarter.
Net profit witnessed a 33 per cent YoY increase, reaching Rs 73.1 crore, compared to Rs 54.9 crore in Q4 CY23. Similarly, EPS improved 33 per cent YoY to Rs 4.20, compared to Rs 3.16 in the same period last year.
Stock Performance
Despite strong earnings growth, KSB Ltd’s stock declined 18.09 per cent over the past year, underperforming the Nifty’s 0.86 per cent gain. However, over the last five years, the stock has delivered an impressive return of 352.55 per cent. The company’s current market capitalization stands at Rs 10,603 crore.
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About the Company
KSB Ltd is a leading manufacturer of industrial pumps and valves, catering to industries such as energy, water, wastewater, construction, and oil & gas. Established in 1960 and headquartered in Pune, Maharashtra, the company has built a strong domestic and international presence.
A key highlight of the company’s sustainability initiatives is its new solar power project, which generates approximately 10 million kilowatts annually, covering 50 per cent of KSB India’s power needs. As of H1FY25, 71 per cent of the company's total energy requirements are met through renewable sources.
With strong earnings growth, strategic expansion, and sustainability initiatives, KSB Ltd remains well-positioned for long-term growth, despite recent stock market volatility.
Disclaimer: This article is for informational purposes only and not an investment advice.