KSB Share Price Target 2026 to 2030

KSB Ltd is a leading Indian manufacturer of industrial pumps, submersible motors, and fluid handling systems, serving critical sectors like power, oil & gas, water treatment, agriculture, and infrastructure. A subsidiary of the German KSB Group, the company combines global engineering excellence with local manufacturing strength. With a debt-free balance sheet, consistent profitability, and strong return ratios, KSB is well-positioned to benefit from India’s capex cycle and water infrastructure push. However, its current valuation demands caution. This article provides a fact-based outlook and realistic share price targets for each year from 2026 to 2030.

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KSB Ltd: Company Overview

• Incorporated: 1960
• Business: Designs and manufactures industrial pumps, valves, and submersible systems for:
• Power (nuclear & thermal)
• Water & wastewater management
• Oil & gas
• Agriculture (solar pumps under PM-KUSUM)
• Ownership: 69.8% promoter holding – part of the global KSB Group (Germany)
• Listed: Yes – on BSE (504690) and NSE (KSB)

Clarifications:

• Is KSB a good buy? Suitable for long-term, quality-focused investors—not for short-term traders due to rich valuation.
• Why is KSB share falling? Due to profit-booking after a 70%+ rally in 2024, not business deterioration.
• What is the price target? Realistic 2026 range: ₹880–₹980. By 2030: ₹1,100–₹1,300.
• When did KSB split? No stock split has occurred; face value remains ₹2 since listing.

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KSB Ltd: Key Financial Snapshot

Metric	Value
Market Capitalization	₹12,224.51 Cr
Current Share Price	₹702
52-Week High / Low	₹1,060 / ₹582
P/E (TTM)	47.64
P/B (TTM)	7.94
Book Value (TTM)	₹88.42
EPS (TTM)	₹14.74
ROE	18.03%
ROCE	24.30%
Dividend Yield	0.57%
Debt	₹0 Cr (debt-free)
Cash Reserves	₹323.45 Cr
Sales Growth (YoY)	12.72%
Profit Growth (YoY)	17.74%

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Shareholding Pattern

Category	Holding (%)
Promoters	69.80%
Public (Retail)	13.74%
Domestic Institutions (DII)	11.95%
Foreign Institutions (FII)	4.52%
Others	0%

Note: High promoter control ensures strategic alignment with the global parent.

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KSB Share Price Target Forecast (2026–2030)

Based on strong ROCE, zero debt, and infrastructure tailwinds, but tempered by high P/E (47x), we project the following realistic price ranges:

Year	Target Price Range (₹)
2026	₹880 – ₹980
2027	₹940 – ₹1,060
2028	₹1,000 – ₹1,150
2029	₹1,060 – ₹1,240
2030	₹1,120 – ₹1,320

These targets assume:

• EPS CAGR of 15–17% (supported by 17.7% recent profit growth)
• P/E compression from 48x to 40–42x by 2030
• Sustained dividend payout (~25–30% of profits)

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Year-wise Breakdown

KSB Share Price Target 2026

Year	Target 1	Target 2
2026	₹880	₹980

• Rationale: Near-term upside supported by Q3 FY26 order inflows in solar pumps and power projects. Current P/E of 47.6x limits aggressive re-rating.

KSB Share Price Target 2027

Year	Target 1	Target 2
2027	₹940	₹1,060

• Rationale: Expected benefit from PM-KUSUM scheme expansion and nuclear power capex. Margins may improve with scale.

KSB Share Price Target 2028

Year	Target 1	Target 2
2028	₹1,000	₹1,150

• Rationale: By 2028, export contribution could rise. ROCE sustainability (>24%) supports premium valuation.

KSB Share Price Target 2029

Year	Target 1	Target 2
2029	₹1,060	₹1,240

• Rationale: Long-term play on India’s water security and industrial efficiency. Competition from CRI Pumps and Kirloskar remains, but KSB’s tech edge holds.

KSB Share Price Target 2030

Year	Target 1	Target 2
2030	₹1,120	₹1,320

• Rationale: The upper end assumes EPS of ₹31+, debt-free status, and dividend yield improvement. Even at ₹1,320, P/E would be ~42x—reasonable for quality.

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Strengths vs Risks

✅ Strengths

• Zero debt and strong cash flow
• High ROCE (24.3%) and ROE (18%)
• Global technology + local manufacturing
• Beneficiary of water infrastructure and green energy policies

⚠️ Risks

• Rich valuation (P/E 47x, P/B 7.9x)
• Low dividend yield (0.57%)
• Cyclical exposure to power and infrastructure capex
• Limited retail liquidity (public holding: 13.7%)

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Investment Suitability

Factor	Assessment
Risk Profile	Moderate (quality mid-cap)
Time Horizon	Long-term (5+ years)
Volatility	Moderate
Dividend/Income	Low (0.57% yield)
Ideal Investor	Quality-focused investor bullish on India’s industrial and water infrastructure story

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FAQs

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Final Verdict

KSB Ltd is a high-quality, debt-free engineering company with strong global backing and exposure to India’s critical infrastructure needs. While its current valuation is rich, its return ratios and order book justify a premium. Our 2026–2030 price targets (₹880–₹1,320) reflect steady, not explosive, appreciation. Investors should consider accumulating on dips with a 5-year horizon.

📌 Disclaimer: Price targets are estimates based on current fundamentals and sector trends. They are not investment advice. Please consult a SEBI-registered advisor before investing.

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Sources

• Screener.in – KSB Ltd Consolidated Page
• Finology.in – KSB Financials & Shareholding
• BSE/NSE Filings – Corporate Announcements
• Company Annual Report FY2025
• Investor Presentations (FY25–FY26)