KSB: Results
| 1812(03) | 1712(03) | Var. (%) | 1812(12) | 1712(12) | Var. (%) | |
| Sales | 346.60 | 328.2 | 6 | 1093.10 | 944.32 | 16 |
| OPM(%) | 13.8 | 12.9 | 11.7 | 11.4 | ||
| OP | 47.90 | 42.30 | 13 | 128.40 | 107.47 | 19 |
| Other inc. | 5.70 | 9.60 | -41 | 26.7 | 31.6 | -16 |
| PBIDT | 53.60 | 51.90 | 3 | 155.10 | 139.07 | 12 |
| Interest | 1.40 | 0.60 | 133 | 3.70 | 3.50 | 6 |
| PBDT | 52.20 | 51.30 | 2 | 151.40 | 135.57 | 12 |
| Dep. | 10.40 | 8.50 | 22 | 39.7 | 30.9 | 28 |
| PBT Before EO | 41.80 | 42.80 | -2 | 111.70 | 104.67 | 7 |
| EO | 0.00 | 0.00 | 0 | 0 | 0 | |
| PBT after EO | 41.80 | 42.80 | -2 | 111.70 | 104.67 | 7 |
| Tax | 16.50 | 15.40 | 7 | 37.70 | 36.96 | 2 |
| PAT | 25.30 | 27.40 | -8 | 74.00 | 67.71 | 9 |
| EPS* | # | # | 21.3 | 19.5 | ||
| * Annualized On Current Equity Of Rs 34.81 Crore of face value of Rs 10 each # EPS not annualized due to seasonality of business EO: Extraordinary Items, Figures in crore, Source: Capitaline Database |
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KSB: Segment results
| Sales | 1812(03) | 1712(03) | Var. (%) | % to total | 1812 (12) | 1712 (12) | Var. (%) | % to total |
| Pumps | 286.50 | 276.10 | 4 | 78 | 915.4 | 807.94 | 13 | 78 |
| Valves | 60.20 | 52.20 | 15 | 16 | 178.2 | 161.42 | 10 | 16 |
| Others | 18.70 | 16.00 | 17 | 5 | 72.9 | 74.32 | -2 | 6 |
| Total | 365.40 | 344.30 | 6 | 100 | 1166.5 | 1043.68 | 12 | 100 |
| Less: Inter segment revenues | 18.80 | 16.01 | 17 | 73.4 | 74.45 | -1 | ||
| Net sales | 346.6 | 328.29 | 6 | 1093.1 | 969.23 | 13 | ||
| PBIT | ||||||||
| Pumps | 37.1 | 39.5 | -6 | 89 | 95.6 | 95.35 | 0 | 100 |
| Valves | 6.30 | 5.40 | 17 | 15 | 12.80 | 8.70 | 47 | 2 |
| Others | -1.50 | 0.00 | 0 | -4 | -2 | -0.78 | 156 | -2 |
| Total | 41.90 | 44.90 | -7 | 100 | 106.4 | 103.27 | 3 | 100 |
| Less: Interest | 1.40 | 0.60 | 133 | 3.67 | 3.67 | 0 | ||
| Add: Other un-allocable expenditure | 1.30 | -1.50 | PL | 9 | 5.07 | 78 | ||
| Total profit before EO and tax | 41.80 | 42.80 | -2 | 111.73 | 104.67 | 7 | ||
| Figures in Rs crore, LP: Loss to Profit, LP: Profit to Loss Source: Capitaline Database |
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Net sales for the quarter ended Dec 18 of the company stood at Rs 346.60 crore, up by 6% on YoY basis. OPM was up by 110 bps to 13.8%, thus resulted in the OP increase of 13% to Rs 47.9 crore. Other income for Dec 18 quarter stood at Rs 5.70 crore down by 41%. Thus, PBIDT was higher by 3% to Rs 53.6 crore. With interest costs at Rs 1.4 crore and depreciation being higher by 22% to Rs 10.4 crore, PBT was down by 2% to Rs 41.80 crore. With total tax of Rs 16.5 crore, up by 7% YoY, PAT for the quarter ended Dec 18 stood at Rs 25.30 crore, down by 8%.
For the quarter, sales from the Pumps segment stood at Rs 286.5 crore up by 4%YoY and accounted for 78% of sales. PBIT from the same was down by 6% to Rs 37.1 crore and accounted for 89% of total with PBIT margin at 12.9%
For the quarter, sales from the Valves Segment stood at Rs 60.2 crore and accounted for 15% of sales. PBIT from the same stood at Rs 6.3 crore up by 17% YoY with PBIT margin at 10.5%.
For the quarter, sales from other segment stood at Rs 18.7 crore up by 17% YoY and accounted for 5% of sales. Loss at PBIT level stood at Rs 1.5 crore.
Performance for the 12 months ended Dec 18
For the 12 months ended Dec 18 net sales of the company stood at Rs 1093.1 crore, up by 16% on YoY basis. OPM increased by 30 bps to 11.7%, thus resulted in an OP of Rs 128.4 crore up by 19% YoY. Other income stood at Rs 26.7 crore down by 16% YoY. Thus, PBIDT was higher by 12% to Rs 155.1. crore. With interest costs being higher by 6% to Rs 3.70 crore and depreciation were up by 28% to Rs 39.70 crore, PBT was higher by 7% to Rs 111.70 crore. With total tax of Rs 37.7 crore, up by 2% YoY, PAT for the 12 months ended Dec 18 stood at Rs 74 crore, up by 9%.
For the 12 months, sales from the Pumps segment stood at Rs 915.4 crore up by 13%YoY and accounted for 78% of sales. PBIT from the same was flat at Rs 95.60 crore and accounted for 92% of total with PBIT margin at 10.4%
For the 12 months, sales from the Valves segment stood at Rs 178.2 crore and accounted for 16% of sales. PBIT from the same stood at Rs 12.8 crore as compared to Rs 8.7 crore YoY with PBIT margin at 7.2%.
For the 12 months, sales from other segment stood at Rs 72.9 crore and accounted for 6% of total sales. Loss at PBIT level stood at Rs 2 crore as compared to loss of Rs 78 lakh for 12 months ended Dec17 period.
Consolidated Results
For the year ended CY 18, consolidated net sales was up by 16% to Rs 1093.1 crore. OPM stood at 11.7% up by 30 bps resulting in a 19% increase in OP to Rs 128.40 crore. Other income was down by 33% to Rs 20 crore. Interest cost was at Rs 3.7 crore up by 1% and depreciation was up by 29% to Rs 39.70 crore. PBT thus stood at Rs 105 crore up by 2%. After providing total tax of Rs 37.7 crore, PAT stood at Rs 67.3 crore. After providing for profit from associates of Rs 4.3 crore, consolidated PAT for 12 months ended Dec 18 stood at Rs 71.6 crore up by 1%.
KSB Pumps: Consolidated Results
| 1812(12) | 1712(12) | Var. (%) | |
| Sales | 1093.10 | 944.34 | 16 |
| OPM(%) | 11.7 | 11.4 | |
| OP | 128.40 | 107.49 | 19 |
| Other inc. | 20.00 | 29.81 | -33 |
| PBIDT | 148.40 | 137.30 | 8 |
| Interest | 3.70 | 3.67 | 1 |
| PBDT | 144.70 | 133.63 | 8 |
| Dep. | 39.7 | 30.88 | 29 |
| PBT Before EO | 105.00 | 102.75 | 2 |
| EO | 0 | 0 | 0 |
| PBT after EO | 105.00 | 102.75 | 2 |
| Tax | 37.70 | 37.05 | 2 |
| PAT | 67.30 | 65.70 | 2 |
| Profit from Associates | 4.30 | 5.18 | -17 |
| PAT after Profit from Associates | 71.60 | 70.88 | 1 |
| EPS* | 20.6 | 20.4 | |
| * Annualized On Current Equity Of Rs 34.81 Crore of face value of Rs 10 each Figures in crore, Source: Capitaline Database |
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KSB: Results
| 1812(03) | 1712(03) | Var. (%) | 1812(12) | 1712(12) | Var. (%) | |
| Sales | 346.60 | 328.2 | 6 | 1093.10 | 944.32 | 16 |
| OPM(%) | 13.8 | 12.9 | 11.7 | 11.4 | ||
| OP | 47.90 | 42.30 | 13 | 128.40 | 107.47 | 19 |
| Other inc. | 5.70 | 9.60 | -41 | 26.7 | 31.6 | -16 |
| PBIDT | 53.60 | 51.90 | 3 | 155.10 | 139.07 | 12 |
| Interest | 1.40 | 0.60 | 133 | 3.70 | 3.50 | 6 |
| PBDT | 52.20 | 51.30 | 2 | 151.40 | 135.57 | 12 |
| Dep. | 10.40 | 8.50 | 22 | 39.7 | 30.9 | 28 |
| PBT Before EO | 41.80 | 42.80 | -2 | 111.70 | 104.67 | 7 |
| EO | 0.00 | 0.00 | 0 | 0 | 0 | |
| PBT after EO | 41.80 | 42.80 | -2 | 111.70 | 104.67 | 7 |
| Tax | 16.50 | 15.40 | 7 | 37.70 | 36.96 | 2 |
| PAT | 25.30 | 27.40 | -8 | 74.00 | 67.71 | 9 |
| EPS* | # | # | 21.3 | 19.5 | ||
| * Annualized On Current Equity Of Rs 34.81 Crore of face value of Rs 10 each # EPS not annualized due to seasonality of business EO: Extraordinary Items, Figures in crore, Source: Capitaline Database |
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KSB: Segment results
| Sales | 1812(03) | 1712(03) | Var. (%) | % to total | 1812 (12) | 1712 (12) | Var. (%) | % to total |
| Pumps | 286.50 | 276.10 | 4 | 78 | 915.4 | 807.94 | 13 | 78 |
| Valves | 60.20 | 52.20 | 15 | 16 | 178.2 | 161.42 | 10 | 16 |
| Others | 18.70 | 16.00 | 17 | 5 | 72.9 | 74.32 | -2 | 6 |
| Total | 365.40 | 344.30 | 6 | 100 | 1166.5 | 1043.68 | 12 | 100 |
| Less: Inter segment revenues | 18.80 | 16.01 | 17 | 73.4 | 74.45 | -1 | ||
| Net sales | 346.6 | 328.29 | 6 | 1093.1 | 969.23 | 13 | ||
| PBIT | ||||||||
| Pumps | 37.1 | 39.5 | -6 | 89 | 95.6 | 95.35 | 0 | 100 |
| Valves | 6.30 | 5.40 | 17 | 15 | 12.80 | 8.70 | 47 | 2 |
| Others | -1.50 | 0.00 | 0 | -4 | -2 | -0.78 | 156 | -2 |
| Total | 41.90 | 44.90 | -7 | 100 | 106.4 | 103.27 | 3 | 100 |
| Less: Interest | 1.40 | 0.60 | 133 | 3.67 | 3.67 | 0 | ||
| Add: Other un-allocable expenditure | 1.30 | -1.50 | PL | 9 | 5.07 | 78 | ||
| Total profit before EO and tax | 41.80 | 42.80 | -2 | 111.73 | 104.67 | 7 | ||
| Figures in Rs crore, LP: Loss to Profit, LP: Profit to Loss Source: Capitaline Database |
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