KSB shares jump over 8% as Q4 net profit rises 33% to ₹73 crore; dividend announced

The stock climbed as much as 8.12% to ₹658 apiece on the National Stock Exchange. At 9:39 am, it was up 6.87% to ₹650.35 per unit.

KSB reported a 33.15% increase in its consolidated net profit to ₹73.1 crore in the fourth quarter of the calendar year 2024 (Q4 CY24). In the year-ago period, the post-tax profit was ₹54.9 crore.

Revenue from operations advanced 20.5% to ₹726.4 crore in Q4 CY24, compared to ₹602.6 crore in the year-ago quarter.

The company's Board recommended a final dividend of ₹4 per equity share on 17,40,39,220 equity shares, which will paid post-approval at the ensuing Annual General Meeting. The record date has been set as May 2, 2025.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 26.5% to ₹85 crore in the quarter under review as against ₹67.2 crore in the corresponding period previous year. Margins stood at 11.7% vs 11.2% in Q4 CY23.

The revenue from the pumps segment was ₹602.2 crore, while the valves business contributed ₹125.2 crore.

The Board also approved the "appointment of M/s Mehta and Mehta Associates (Peer Reviewed Firm of Company Secretaries in Practice) as Secretarial Auditors of the company for a term of five years, commencing from the 65th Annual General Meeting to the 70th Annual General Meeting, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the company."

KSB Ltd, which is part of the global KSB Group, manufactures an array of standard Industrial end suction and high-pressure multistage pumps, monoblock pumps and submersible motor pumps and other value-added parts, for the waste-water treatment, agriculture, oil and gas and energy (nuclear and conventional power) sectors.