AI Summary
✦ ClarthaKSB Limited is an industrial machinery company manufacturing and selling power-driven pumps and industrial valves. Pumps drive revenue through industrial, submersible, and effluent-treatment equipment, spares, and services, while Valves supplies industrial valves, spares, and related services. The ₹40-crore Shirwal expansion targets energy and oil projects, potentially supporting future volume growth, while June sales increased 3.6% year-on-year. Revenue grew 6.3% and profit 9.3%, with improving margins indicating better earnings conversion. ROE is 15.2%, supported by moderate leverage at 0.37 debt-to-equity rather than a net-cash balance sheet. At 56.9 times earnings, the stock appears rich against 6.3% revenue growth, despite improving profitability. The key question is whether capacity expansion can accelerate growth enough to justify the premium valuation.
Valuation Metrics
Trading 2.8% above historical median. Valuation is rising — currently in the fair zone (z-score: +0.28). Confidence: 86%.
Live forward EPS implies next-12-month EPS of ₹22.30. Applying the stock's normalized valuation corridor produces a fair range of ₹1,127.49 to ₹1,362.98, with base value near ₹1,251.48 (+54.2% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹22.30
Forward P/E
36.4x
Base Fair Value
₹1,251.48
Fair Range
₹1,127.49 - ₹1,362.98
Upside To Base
+54.2%
Estimate Source
Live forward EPS
Growth Estimate
-18.6%
5Y Average
43.39
Current
57.70
Overvalued
61.12
Undervalued
50.56
5Y Average
29.75
Current
39.56
Overvalued
39.59
Undervalued
18.92
5Y Average
8.72
Current
8.32
Overvalued
10.03
Undervalued
7.41
Peers & Comparison
Sector: Industrials · Theme: Industrial Machinery
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
KIRLOSKAR BROTHERS LTD KIRLOSBROSIndustrial Machinery | +12.9% | 8.0% | 41.6x Undervalued | -38% vs avg | +3.4% |
INGERSOLL-RAND INDIA LTD INGERRANDIndustrial Machinery | -3.7% | 18.4% | 53.1x Undervalued | -21% vs avg | +18.6% |
LMW LIMITED LMWIndustrial Machinery | +24.0% | 5.2% | 105.6x Premium | +57% vs avg | +19.6% |
CRAFTSMAN AUTOMATION LTD CRAFTSMANIndustrial Machinery | +36.3% | 5.3% | 53.0x Undervalued | -21% vs avg | +49.4% |
THERMAX LTD THERMAXIndustrial Machinery | +7.1% | 5.5% | 76.4x Fair | +13% vs avg | +22.9% |
CYIENT DLM LIMITED CYIENTDLMIndustrial Machinery | +34.3% | 6.1% | 68.4x Fair | +1% vs avg | +60.9% |
CARBORUNDUM UNIVERSAL LTD CARBORUNIVIndustrial Machinery | +20.7% | 3.8% | 105.7x Premium | +57% vs avg | +32.3% |
AIA ENGINEERING LIMITED AIAENGIndustrial Machinery | +9.4% | 28.7% | 35.1x Undervalued | -48% vs avg | +54.5% |
KSB LIMITED trades in line with peers (57.7x vs avg 67.4x), reflecting a fair valuation within the Industrial Machinery cohort. Peers include KIRLOSKAR BROTHERS LTD, INGERSOLL-RAND INDIA LTD, LMW LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹691 CrJun 2026Latest net profit
₹60 CrJun 2026Latest EPS
₹3.42Jun 2026Net margin
12.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 591 | 564 | 603 | 544 | 646 | 616 | 726 | 595 | 667 | 650 | 784 | 601 | 691 |
| Expenses + | 506 | 493 | 522 | 483 | 555 | 529 | 628 | 528 | 575 | 565 | 654 | 550 | 609 |
| Operating Profit | 85 | 70 | 81 | 61 | 91 | 88 | 98 | 68 | 91 | 85 | 130 | 51 | 82 |
| OPM % | 14% | 12% | 13% | 11% | 14% | 14% | 14% | 11% | 14% | 13% | 17% | 8% | 12% |
| Other Income + | 12 | 8 | 6 | 10 | 14 | 7 | 10 | 12 | 18 | 18 | -9 | 14 | 12 |
| Interest | 1 | 2 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 12 | 12 | 14 | 13 | 13 | 14 | 14 | 14 | 14 | 15 | 16 | 14 | 15 |
| Profit before tax | 84 | 64 | 72 | 58 | 91 | 80 | 94 | 66 | 95 | 88 | 104 | 50 | 78 |
| Tax % | 25% | 25% | 27% | 25% | 24% | 26% | 25% | 25% | 24% | 26% | 25% | 25% | 23% |
| Net Profit + | 64 | 48 | 53 | 43 | 69 | 59 | 70 | 49 | 73 | 65 | 78 | 37 | 60 |
| EPS in Rs | 3.66 | 2.76 | 3.03 | 2.48 | 3.94 | 3.41 | 4.02 | 2.82 | 4.18 | 3.73 | 4.47 | 2.14 | 3.42 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement Under Regulation 30 Of SEBI (LODR) - Capacity Expansion - Construction Of Additional Shed At Shirwal Plant
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Financial Results For The Quarter And Half Year Ended June 30, 2026.
Board Meeting Outcome for For The Board Meeting Held On 4Th August, 2026