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KSB - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 4.0

Stock Code KSB Market Cap 11,944 Cr. Current Price 687 ₹ High / Low 918 ₹
Stock P/E 46.6 Book Value 84.7 ₹ Dividend Yield 0.58 % ROCE 24.2 %
ROE 18.0 % Face Value 2.00 ₹ DMA 50 737 ₹ DMA 200 774 ₹
Chg in FII Hold -0.06 % Chg in DII Hold 0.38 % PAT Qtr 65.0 Cr. PAT Prev Qtr 72.7 Cr.
RSI 40.3 MACD -16.9 Volume 36,001 Avg Vol 1Wk 1,17,410
Low price 582 ₹ High price 918 ₹ PEG Ratio 2.61 Debt to equity 0.00
52w Index 31.1 % Qtr Profit Var 9.61 % EPS 14.7 ₹ Industry PE 36.0

📊 Financials: KSB shows strong fundamentals with ROCE at 24.2% and ROE at 18.0%, reflecting efficient capital usage. Debt-to-equity ratio of 0.00 highlights a debt-free balance sheet, ensuring financial stability. Quarterly PAT declined from 72.7 Cr. to 65.0 Cr., indicating short-term earnings pressure. Cash flows remain stable due to consistent profitability and operational efficiency.

💹 Valuation: Current P/E of 46.6 is higher than industry average (36.0), suggesting premium valuation. P/B ratio (~8.1) is elevated, while PEG ratio of 2.61 indicates expensive growth-adjusted valuation. Intrinsic value analysis suggests entry opportunities around 640–670 ₹, offering margin of safety compared to current price (687 ₹).

🏢 Business Model & Advantage: KSB operates in pumps, valves, and fluid management systems, serving industrial and infrastructure clients. Its competitive advantage lies in strong brand presence, technological expertise, and debt-free operations. Market cap of 11,944 Cr. positions it as a mid-cap industrial player with resilience and growth potential.

📈 Entry Zone & Holding Guidance: Attractive entry zone: 640–670 ₹. Long-term investors may hold given strong fundamentals and debt-free status, but premium valuation and short-term profit decline warrant cautious monitoring. Technical indicators (RSI 40.3, MACD negative) show near-term weakness.

Positive

  • Strong ROCE (24.2%) and ROE (18.0%) highlight efficient capital usage.
  • Debt-free balance sheet ensures financial stability.
  • DII holding increased (+0.38%), showing domestic institutional confidence.
  • Established brand presence in industrial pumps and valves.

Limitation

  • High P/E (46.6) compared to industry average (36.0) suggests overvaluation.
  • Elevated P/B ratio (~8.1) indicates expensive price relative to book value.
  • PEG ratio (2.61) reflects weak growth-adjusted valuation.
  • Quarterly PAT decline highlights earnings pressure.
  • Stock trading below DMA 50 (737 ₹) and DMA 200 (774 ₹) signals bearish trend.

Company Negative News

  • Decline in FII holding (-0.06%) reflects reduced foreign investor confidence.
  • Profit contraction in latest quarter highlights margin challenges.

Company Positive News

  • DII inflows (+0.38%) show domestic institutional support.
  • Debt-free operations strengthen financial resilience.

Industry

  • Industry P/E at 36.0 indicates moderate valuation levels.
  • Industrial and infrastructure demand supports long-term growth.
  • Companies with strong brand presence and debt-free balance sheets hold competitive advantage.

Conclusion

⚖️ KSB demonstrates solid fundamentals with strong return metrics and a debt-free balance sheet. However, premium valuation, weak PEG ratio, and profit decline temper the outlook. Entry around 640–670 ₹ is recommended for long-term investors, with cautious monitoring of earnings performance and sector trends.

Would you like me to also outline support and resistance levels based on DMA and RSI to strengthen the technical perspective alongside this fundamental view?

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