Saturday, 6 October 2012

Stock View - KSB Pumps

      KSB Pumps Ltd jointly promoted by Lein Schanzlin & Becker A.G. of West Germany and India based Industrial & Prudential Investment Co. Ltd in 1960.Currently the foreign holding is held by Canadian Kay Pump Ltd an associate company of KSB Germany.Company manufacturing various type of pumps and valves for industries like water treatment ,chemical,mining ,oil ,power generation ,sewage ,nuclear power and for Agriculture.Company having five manufacturing plants in India, Pune and Sinnar manufacturing facilities makes pumps for irrigation and power projects, Nashik plant manufacturing multistage pumps, water and submersible motor pumps.Its valve manufacturing facility is located at Coimbatore and captive foundry at Ahmednagar .KSB started manufacturing of pumps for nuclear industry in 1977 from its factory located at MIDC Industrial area in Pimpri and signed and exclusive long term agreement with NTPC in 1988.Company having very good brand image and known as a quality producer of pumps for irrigation purpose.In power and petrochemical sector competition is less due to the mandatory adherence of American Petroleum institute standards. KSB also executing turnkey projects for industrial and agriculture purpose.Due to over all sluggishness in the user industries company’s last year was muted and cash flow was not satisfactory.But even fighting with the tough situation in local market ,this year company improving its performance .Increased off take by its parent company KSB AG is also helping to improve its performance.For the FY 2012 ,KSB posted a turnover of Rs.751 Cr and a net profit of 43 Cr.In latest June quarter company recorded a Sales of Rs.190 Cr and a net profit of Rs.17.5 Cr . The most attractive part of this company is the quality of its operations , not only in its products but in corporate governance and minority share holder friendly attitude too.Company having an uninterrupted dividend paying record and issued bonus shares to its share holders in the years 1983,1986,1989,1996 and recently in last year.I believe this MNC company will be an out performer when there is a re rating in capital good/engineering industry and one of the best mid/small cap stock to hold even in your core portfolio. KSB is listed both in NSE and BSE and CMP is Rs.212 /-

5 comments:

  1. Peoplw know about value-picks :(

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    1. Dear, please verify my profile once. I am not an analyst and not having any research based reports. Just identify multibagger stocks and hidden gems and try to share it to my friends and investors through my blog. Ok all the best.

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  2. we trust your call ! If you trust some analyst, please so share that info also.
    I'm also like you and accumulating list of people whom call i trust, and you're at 2nd no.
    http://bipin0007.blogspot.in/search/label/Market%20Tips

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  3. Multistage water pump India are made to meet the requirements of most HVAC, OEM and Industrial applications that need water and other heat transfer liquids to be carried at pressures. These pumps are preferable for handling clean water and fluids which are not chemically bellicose to the pump components. These pumps have features like Flat absorption curves at high distribution rates, intercepting motor overloading even during prolonged use.

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