KSH International is the approved supplier to major public and private entities such as PGCIL, NTPC, NPCIL, and RDSO, and exports to 24 countries, including the USA, Germany, the UAE, and Japan. The company has three manufacturing facilities in Maharashtra (Taloja and Chakan) with a total annual capacity of 29,045 MT. A fourth plant is under development in Supa, Ahilyanagar, expected to begin operations in Fiscal 2026. The in-house R&D and engineering team drives product innovation, process improvements, and cost efficiency and hold key certifications including ISO 9001, ISO 14001, ISO 45001, and IATF 16949.
KSH International is committed to quality and reliability, earning awards from major customers such as Toshiba T&D Systems India, GE Power Grid Solutions, and BHEL.
As of June 30, 2025, the company has 157 full-time employees.
Competitive Strength:
- One of the leading manufacturers of magnet winding wires in India, with a comprehensive suite of products used across multiple end-use industries.
- Large, strategically located manufacturing facilities with a focus on advanced technologies and new product and process development.
- Long-standing relationships with our diversified customer base, both domestically and globally.
- Proven track record with necessary certifications and accreditations in an industry which has high barriers to entry.
- Experienced Promoters and Senior Management team.
KSH International Ltd.’s revenue increased by 39% and profit after tax (PAT) rose by 82% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|
| Assets | 793.28 | 744.91 | 482.71 | 359.18 |
| Total Income | 562.60 | 1,938.19 | 1,390.50 | 1,056.60 |
| Profit After Tax | 22.68 | 67.99 | 37.35 | 26.61 |
| EBITDA | 40.28 | 122.53 | 71.46 | 49.90 |
| NET Worth | 321.47 | 298.55 | 230.95 | 193.66 |
| Reserves and Surplus | 293.07 | 270.14 | 225.26 | 187.97 |
| Total Borrowing | 379.39 | 360.05 | 206.81 | 120.35 |
| Amount in ₹ Crore |
Key Performance Indicator (KPI)
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|
| ROE | 22.77 |
| ROCE | 16.60 |
| Debt/Equity | 1.17 |
| RoNW | 22.77 |
| PAT Margin | 3.51% |
| EBITDA Margin | 6.35% |
| Price to Book Value | 7.31 |
| | Pre IPO | Post IPO |
|---|
| EPS Rs | 11.97 | 13.39 |
| P/E (x) | 32.09 | 28.68 |
Note:
- The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2025 that is available in RHP.
Objects of the Issue (KSH International IPO Objectives)
The Company KSH International IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Estimated Amount (₹ in Cr.) |
|---|
| 1 | Repayment of certain company borrowings | 225.98 |
| 2 | Purchase and setup of new machinery at 2 plants | 87.02 |
| 3 | Purchase and setup of a rooftop solar power plant for power generation at our Supa Facility | 8.83 |
| 4 | General corporate purposes | |