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KSB India wins pump contract for Kaiga 5&6, posts strong Q2 results

KSB Limited India has secured a contract to supply shutdown cooling pumps for the Kaiga 5 and 6 nuclear units in Karnataka, reinforcing its role in India’s nuclear expansion. The company’s Q2 FY2026 results show sales of 690.70 crore rupees, with a growing order book across multiple sectors.

KSB India wins pump contract for Kaiga 5&6, posts strong Q2 results

KSB Limited India has received an order for shutdown cooling pumps destined for the Kaiga 5 and 6 nuclear units, two new reactors currently under construction in Karnataka. The announcement came alongside the company’s second-quarter results for fiscal year 2026, reporting sales of 690.70 crore rupees — a clear improvement over the 601.30 crore recorded in the previous quarter and the 666.70 crore posted in the same period last year.

The Kaiga contract is the standout item on the nuclear front. Shutdown cooling pumps are highly critical components: they activate when a reactor is taken offline, ensuring residual heat is safely removed from the core. Choosing a supplier with deep sector experience is no coincidence — KSB Limited has been active in India’s nuclear industry for decades, operating a dedicated facility in Shirwal. The Kaiga 5 and 6 programme is part of India’s ambitious plan to triple its installed nuclear capacity by 2032, and every contract awarded at this stage helps build the domestic supply chain that India is determined to develop independently.

The quarter also brought other notable wins. KSB secured its first contract for LUV pumps for the Gadarwara thermal power project and made its entry into the wind energy segment. The company also won an order for high-pressure valve packages for NTPC’s Nabinagar and Gadarwara projects, supplied through L&T-MHI Power. The order book continues to broaden across metro rail, water infrastructure, and data centres. Profit before tax (PBT) came in at 77.90 crore rupees, while first-half FY2026 sales reached a combined 1,292 crore.

The financial picture reflects a phase of structural growth. KSB Limited, established in India in 1960 and part of the German group KSB SE & Co. KGaA, is benefiting from the convergence of domestic energy infrastructure demand and the national nuclear programme. The company’s total nuclear order book, estimated at around 1,282 crore rupees, is beginning to translate into tangible revenues through 2026 — a signal that construction is proceeding on schedule, as confirmed by CFO Mahesh Bhave. Margin pressure remains a factor to watch, partly tied to geopolitical uncertainty in commodity markets.

India aims to install more than 20 GW of new nuclear capacity over the next decade. For KSB Limited, each additional unit represents a potential contract — not only during the construction phase, but across the entire operational life of the plant, which extends well beyond forty years. If the Kaiga 5 and 6 programme stays on track and the new 700 MW PHWR units progress in parallel, the company’s nuclear division is set to become a reliable pillar of its financials, far beyond any single quarterly result.

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