KSB Ltd. conducted its innvestor meet for quarter and half year of ended 30th June 2022 on 12th August 2022
Here are the key highlights 👇🏻👇🏻👇🏻
Here are the key highlights 👇🏻👇🏻👇🏻
• Major developments Q2 2022:
- Received order from NPCIL for a value of Rs 5,000million
- Good order intake of 2,000 million from petrochemical
- FGD order of Rs 225 million from BHEL
- Breakthrough in BB3 orders for both domestic and exports
- Received order from NPCIL for a value of Rs 5,000million
- Good order intake of 2,000 million from petrochemical
- FGD order of Rs 225 million from BHEL
- Breakthrough in BB3 orders for both domestic and exports
⁃ Good growth in mechanical seal business
- Opened its 13th liasoning office in Bangladesh
- Nuclear Power Corporation of India Ltd and Indian Oil Corporation Ltd top 2 customers of H1 2022
- Strong exports at the end if H1 2022
- Opened its 13th liasoning office in Bangladesh
- Nuclear Power Corporation of India Ltd and Indian Oil Corporation Ltd top 2 customers of H1 2022
- Strong exports at the end if H1 2022
• Major initiatives:
- Localisation of KSB mechanical seals in India
- Investment for solar business growth
- Investments for digitisation initiatives
- Mobile warehouse management
- Expansion of service network in progress
- Expansion of dealer network
- Localisation of KSB mechanical seals in India
- Investment for solar business growth
- Investments for digitisation initiatives
- Mobile warehouse management
- Expansion of service network in progress
- Expansion of dealer network
• Financials:
- Net fund position is down compared to last year as the advance received from NPCL are utilised for buying raw materials and lot of investments in expansion in additional factory shade
- Still a healthy cash surplus of more than Rs3000 million
- Net fund position is down compared to last year as the advance received from NPCL are utilised for buying raw materials and lot of investments in expansion in additional factory shade
- Still a healthy cash surplus of more than Rs3000 million
⁃ Gross margins suffered this year but co. intend to compensate by their product mix. Also, nuclear and specialised pumps which are also at better margins provided well executed
• Major project orders:
- Most of the project orders are from petrochemicals segment - NRL expansion project, HRRL crude oil pipeline project and more
- Other major orders are from energy segment - TSGENCO and M B Power
- Most of the project orders are from petrochemicals segment - NRL expansion project, HRRL crude oil pipeline project and more
- Other major orders are from energy segment - TSGENCO and M B Power
• Segment wise domestic sales YTD June 2022:
- Standard Pumps 47%
- Engineered Pumps 23%
- Supreme Serv 13%
- Valves 17%
- Standard Pumps 47%
- Engineered Pumps 23%
- Supreme Serv 13%
- Valves 17%
• Major investments:
- Admin building and guest house at Shirwal plant
- Replacement machines
- 3D printer and infrastructure
- Network device upgrade across India
- Mechanical seal localisation lPD
- Land at Shirwal for future purpose
- Admin building and guest house at Shirwal plant
- Replacement machines
- 3D printer and infrastructure
- Network device upgrade across India
- Mechanical seal localisation lPD
- Land at Shirwal for future purpose
⁃ Replacement of VRV system for IPD
- Kardex system
- Group captive solar
- Total investment including others Rs 786Mn
- Kardex system
- Group captive solar
- Total investment including others Rs 786Mn
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