### **Overview** KSB Limited, established in 1960 and headquartered in Pune, Maharashtra, is a leading Indian manufacturer of **pumps, valves, seals, and fluid handling systems**. As a part of the globally renowned **KSB Group**—founded in 1871—the company leverages over 150 years of engineering excellence and technological innovation. With six advanced manufacturing facilities across India and a robust domestic and international footprint, KSB operates as a full-spectrum provider of end-to-end fluid mechanics solutions, serving diverse sectors including energy, water, agriculture, petrochemicals, defense, and renewable energy. --- ### **Core Operations & Facilities** - **Manufacturing Plants (6):** - Pimpri, Chinchwad, Shirwal (Energy Pumps), Vambori (Foundry), Sinnar (Standard Pumps), and Coimbatore (Valves). - **Key Divisions & Specialization:** - **Foundry (Vambori, 1974):** Backward integration for steel and cast iron components. - **Power Projects (Chinchwad, 1978):** Focused on turbine and boiler feed pumps. - **Valves (Coimbatore, 1987):** Gate, globe, check, ball, and control valves. - **Standard Pumps (Sinnar, 1994):** High-volume, industrial & domestic pumps. - **Energy Pumps (Shirwal, 2017):** State-of-the-art facility for nuclear & thermal power pumps. - **KSB Tech Pvt. Ltd. (Pune):** A dedicated captive R&D and digital solutions center supporting the global group with engineering design, embedded systems, IT, and product development. The **Shirwal energy pumps plant**, spanning 100,000 m² and powered by a 1,000 kW rooftop solar plant (meeting 83% of energy needs), is **India’s first non-European facility to achieve the “Made by KSB” (MBK) 3-Star certification**, underscoring world-class quality standards. It holds **ISO 19443:2018 certification**, making KSB the **only Indian pump manufacturer certified for nuclear safety standards**. --- ### **Market Presence & Business Segments** KSB serves a wide range of industries through a diversified product portfolio: - **Energy:** Nuclear, thermal, hydro, and renewable projects. - **Water & Wastewater:** Municipal, irrigation, and drinking water. - **Petrochemicals & Chemicals:** API-compliant pumps, safety systems. - **Building Services:** HVAC, fire-fighting, pressure boosting. - **Agriculture & Domestic:** Solar, borewell, and residential pumps. - **Emerging Verticals:** Green hydrogen, railways, defense, life sciences. The company's business is segmented as follows (based on 2024–2025 data): - **Standard Products:** ~50–55% of revenue (branded pumps via dealers). - **SupremeServ (Aftermarket):** ~14–19% (spares, repairs, services). - **Valves:** ~19–21% (one of the fastest-growing and most profitable units). - **Engineered Products:** ~16% (project-based solutions). --- ### **Strategic Growth Areas (2024–2025)** #### **1. Renewable Energy & Solar** - Entered the solar segment in 2021, becoming an **empanelled vendor under PM-KUSUM**. - Achieved MNRE certification, developed **PMSM and AC/DC motors**, and deployed over **7,000 solar systems** as a full-integrator (pumps, motors, structures). - **Orders:** - ₹89.3 crores (2023) from Uttar Pradesh. - ₹1,989 million (2024) from Maharashtra, Gujarat, Rajasthan, and Haryana. - Aims to scale solar revenue significantly, with potential ₹100+ crore opportunity in upcoming KUSUM III tenders. #### **2. Nuclear Energy** - **Key Supplier** to all Indian PHWR (220 MW, 540 MW, 700 MW) reactors (Narora, Tarapur, Kaiga, Kudankulam). - **Order Book:** ₹1,313 crores (as of Aug 2025), including breakthrough orders for Kudankulam Light Water Reactors. - **First Export:** Delivered **8 Critical Safety Class 2 pumps** to a European nuclear plant via KSB SE (parent), marking global market entry. - **Localisation:** 100% indigenous production of nuclear-grade mechanical seals. #### **3. Aftermarket & SupremeServ** - **SupremeServ** is a core growth driver—aiming to grow to **15–20% of total revenue** by 2026. - Centralized **₹100 crore spare parts warehouse** at Chinchwad enables rapid delivery. - Digital tools such as **KSB Guard** and **Sonolyzer®** offer predictive maintenance via remote monitoring. - **Future Growth Levers:** - FGD pumps (400+ supplied), with aftermarket demand expected to surge post-commissioning (from 2026). - BP&CL acquisition (₹28 crores) adding 4,000+ pumps to the installed base. - Mechanical seals: Localized 92%, with sales growing from 5,000 units (2022) to over 10,000 in 2024. #### **4. Valves Business** - Coimbatore plant is a key hub, achieving: - **21–22% CAGR** in sales and order intake. - **No. 1 market position** in domestic GGC valves (2022). - Recently expanded into **ball valves** (partial assembly), generating ₹70 crores; targets ₹400 crores+ turnover. - EBITDA margin of **14–15%**, one of the most profitable divisions. #### **5. New Market Expansion** - **Firefighting:** Developing **FM/UL licensed products**, with ₹25 crores revenue in H1 2025, target to double. - **Railways:** **Etaseco RVP pumps** for **Vande Bharat** trains, qualified by Siemens. - **Green Hydrogen:** Supplying **Magnochem D pumps**, early mover advantage via KSB Group tech. - **Defense & Naval:** Supplying pumps to Mazagon Dock, Cochin Shipyard; developing submarine-grade systems. - **Mining:** Localized white iron foundry at Vambori; developing vertical pumps for global markets. #### **6. Digital & Localization Push** - Digitization initiatives: - **Dealer Management Portal**, digital pricing tools, and order tracking. - Real-time monitoring of solar pump installations. - KSB Guard for predictive maintenance. - Strong **Make in India** momentum: - Localized 90%+ of mechanical seals, 95% in FGD pumps. - Canned motor, DC motors, reciprocating pumps now made locally. - Ongoing digitization of legacy technical drawings from BP&CL acquisition. --- ### **Sales, Distribution & Service Network (India)** - **Dealers:** 1,100+ authorized dealers. - **Service Infrastructure:** - 6 service stations. - 350+ authorized service centers. - 14 branch offices. - 22 strategically located warehouses. - **Customer Engagement:** 32 Pan-India solar installers; dealer conferences to strengthen retail partnerships. - **Branding Push:** Increased TV advertising in Tier-2 cities to grow **residential pump business** (currently ₹250–300 crores; target to double/triple). --- ### **Financial Highlights & Growth Metrics (FY2024–2025)** - **FY2024 Turnover (Unaudited):** ₹25,331 million (~INR 2,533 crore), **12.7% growth YoY**. - **Solar Sales:** ₹183 crores (2024). - **SupremeServ Aftermarket Sales:** ₹233 crores (2024). - **Valves Sales:** Nearly ₹400 crores (2024), 21% CAGR. - **BP&CL Business:** ₹16 crores revenue (2024); target to double in 2025. - **Export Growth:** Expected to rise from ₹350–400 crores to **₹1,000 crores within 5 years**. - **Order Book:** Grew from ₹1,100 crores to ₹1,300 crores (2024–2025), driven by nuclear, solar, and export projects. --- ### **Global Reach & Strategy** - **KSB Group** operates in **300+ locations**, with **37 production sites** across 18 countries. - KSB India is a key export hub for: - API BB3/BB5 pumps (made only in India within the group). - Condensate extraction pumps (sole global supplier). - Supplies to **USA, Saudi Arabia, Poland, Vietnam, and Europe**. - Focus on **‘China Plus One’ strategy**—positioning India as a competitive, high-quality sourcing hub. --- ### **Key Competitive Advantages** - Only Indian **ISO 19443-certified** nuclear pump manufacturer. - **100% localization** of critical nuclear components. - Strong **global technology access** via KSB Group. - Largest **end-to-end service network** in India. - **Integrated manufacturing** with captive foundry and R&D. - First-mover status in **green hydrogen, solar, and rail traction cooling**.