KSB Pumps

CMP: 235

KSB Pumps Limited manufactures power driven pumps and industrial valves. The Company provides and distributes water to private, public and industrial buildings. KSB Pumps Limited solves heating and air-conditioning problems. Chemical, petrochemical and many other companies use them to transport aggressive, corrosive, explosive, solids-laden and viscous liquids.

KSB Pumps is a decent bet in small-cap space budding to become a mid-cap. Its currently trading at a P/E of below 17 with dividend yields of less than 2% in the last 12 months. It runs at a debt of 63 Crores with 81 Crores cash in hand. Revenues have risen from 465 Crores to 751 Crores in the last 5 years. Profits have fluctuated around 50 Crores over the last 5 years pretty much staying flat. NPM has dipped from 10% to 6% over the last 5 years. Previous quarter NPM has suddenly surged back to 10% and it may be a turnaround for the company if it can maintain the margins in coming quarters.

Hi rmani84,

What should be the target for KSB?