KSB Limited achieved remarkable financial growth in 2024, with sales revenue reaching INR 2533 crores, reflecting a 12.7% increase over the previous year. The company saw significant growth in Q4, with sales revenue growing by 20.5% year-over-year to INR 726.4 crores. Demonstrating their strong performance, KSB declared a 200% dividend, underscoring their consistent growth trajectory.
Among the key achievements for the year, KSB inaugurated the 220 MW Primary Coolant Pump Mechanical Seal Dynamic Test Facility in collaboration with the NPCIL team at the EPD plant. The company also launched the reciprocating plunger-type pump for the domestic market. KSB secured major valve orders from BHEL for the NTPC Talcher Power Plant and from TSK Spain for the Andres-1 Power Plant project. In addition, the company earned ESG certification and third-party assurances for its GHG emissions, Zero Waste to Landfill (ZWL), and Zero Liquid Discharge (ZLD) practices. KSB further strengthened its position by securing solar pump orders worth INR 403 million from MSEDCL and Maharashtra Energy, and INR 204 million from Dakshin Gujarat Vij Company under government schemes.
Prashant Kumar, Vice President – Sales and Marketing, KSB Limited, stated, “We’ve achieved a strong sales revenue growth of 12.7% year-on-year. We’ve seen positive results in Solar, Valves, Building Services, Wastewater, and Domestic sectors. While the project business slowed down due to various factors, including elections, we’ve made notable progress in the Marine sector, receiving breakthrough orders from Green Hydrogen and Railways. Our focus on core business areas and exports will help shield us from macroeconomic challenges, and we continue to strengthen our global presence through our export operations.”
Founded in 1960 in India, KSB Limited is part of KSB SE & Co KGaA, a global leader in pumps, valves, and systems. The company has been providing innovative, reliable solutions to meet the diverse needs of Indian customers across industries like power, oil, building services, process engineering, water treatment, and transportation. KSB’s in-house research center focuses on hydraulics, sealing technology, materials, production, and automation.
With a global presence across all continents, KSB operates with its own sales and marketing companies, manufacturing plants, and service facilities. The company employs over 15,000 people and generates consolidated annual sales exceeding two billion Euros.