BSECompany Update6d ago · 10 Aug 2026, 08:43 pm
KSH International Limited has submitted to the Exchange, Investor Presentation on the Unaudited Financial Results for the quarter ended June 30, 2026.
KSH International Ltd · 544664
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KSH International Ltd has submitted an investor presentation for its unaudited financial results for the quarter ended June 30, 2026, highlighting its robust demand environment, high entry barriers, and HVDC advantage in the transformer market.
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KSH International Ltd - 544664 - Announcement under Regulation 30 (LODR)-Investor Presentation
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August 10, 2026
The Manager, The Manager,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra-Kurla Complex,
Dalal Street, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
BSE Scrip Code: 544664 NSE Symbol: KSHINTL
Sub.: Investor presentation on the Unaudited Financial Results for the quarter ended June 30,
2026.
Ref.: 1. Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”); and
2. Outcome of Board Meeting dated August 10, 2026 (“Outcome”).
Dear Sir/Madam,
Pursuant to above referred Listing Regulations and Outcome, please find enclosed, a copy of the
Investor Presentation on the Unaudited Financial Results for the quarter ended June 30, 2026.
This Investor Presentation may also be accessed on the website of the Company at
https://kshinternational.com/investor-relations/investor-presentation/.
You are requested to take this intimation on record.
Thanking you,
For KSH International Limited
Nakul Shivaji Patil
Company Secretary and Compliance Officer
Head – Secretarial & Legal
Membership No.: A39990
Encl.: As above.
EARNINGS PRESENTATION
Q1 FY2027
KSH in a Snapshot
Robust Demand Environment High Entry Barriers HVDC Advantage
Transformer capacity in India to Ultra-precision technology
Only Indian supplier approved for
triple from ~110 GVA to ~300 GVA engineered products, stringent
HVDC transformers. Recently
by FY28E*. Key drivers include vendor approvals, long
received first awards for
Energy transition, AI data centers qualification cycles. KSH is the
Specialized wires for HVDC
as well as global grid upgrades. leader in Specialized Wires used
transformers.
in Transformers, EVs, and motors.
Capacity Expansion Blue Chip OEM Customers Export Leader
Serves 120+ OEM customers including
Expanding total capacity from 29,045 Largest Indian exporter of winding wires
leading local and global companies such
MT in FY25 to 59,045 MT by March to 24 countries including Middle East,
as Hitachi Energy, CG Power, BHEL, GE
2027. At June 30, 2026, Annualized Europe and USA. ~30% revenue
Vernova, Siemens Energy, Bharat Bijlee,
Capacity was 43,445 MTs. contribution from exports.
Nidec, Suzlon etc.
* ICICI Securities
Investor Presentation | KSH International Limited 2
Annual Snapshot in Numbers
45+ 4 43,445 MTPA 24+
Year Track Record Manufacturing Plants Manufacturing Capacity* Export Countries
120+ 97% 19.9% 16.2%
Domestic and Global OEM Customers Repeat Revenue* ROE* ROCE*
43.6% 56.3% INR 67,625 60.6%
Revenue CAGR # EBITDA CAGR# EBITDA per ton* PAT CAGR#
India’s Leading Supplier and Largest Exporter of Specialized Magnet Winding Wires
*As of FY26
# 3 Year CAGR Growth up to FY26
Investor Presentation | KSH International Limited 3
Key Differentiators with High Barriers to Entry
High Value-Added Wire Embedded in Critical Recurring and Sustainable Diversified Yet Deep
Player Infrastructure Ecosystem Business Model Customer Base
• Leader in high-voltage power • Copper fully passed through • Top 10 contribution declining
transformers including HVDC • Approved supplier to Power (de-risking)
Grid, NTPC, NPCIL, RDSO • Absolute EBITDA per ton
and 765kV
structurally stable • High repeat business
• Multi-year qualification
• Majority of revenue comes
cycles create entry barriers • Margin % fluctuation is • Ability to cross-sell across
from specialized magnet
denominator effect, not transformer & motor divisions
winding wires (75%)
• Long-standing OEM profitability erosion and geographies
relationships ( local and
• Higher EBITDA per ton
global transformer leaders) • Signed global long-term
• Strong track record of framework agreement with
providing high-voltage power leading multinational OEM
transformers (765kV, traction
motors, reactors)
Combination of technical capability + regulatory approvals + specialized product mix creates structural differentiation, not cyclical advantage.
Investor Presentation | KSH International Limited 4
Why KSH?
Leading Manufacturer of Specialized Magnet Winding
Wires in India
Expertise in Ultra-Precision Manufacturing for Large
(UHV/EHV) & HVDC Transformers
EV-Focused Specialized Rectangular Magnet Wires
Long-Standing Relationships with Diversified Global
Customers
Certified and Approved Vendor to Leading Global OEMs
Strong Financial Track Record & Consistent Growth
Advanced Manufacturing Facilities with Precision Technology
Experienced Promoters & Senior Management team
Investor Presentation | KSH International Limited 5
Strategically Located Manufacturing Footprint with Scalable Capacities
Strategically located Manufacturing Facility within close Proximity to the Port & Customers
Unit 4: Supa
Unit 1: Taloja Unit 2: Chakan Unit 3: Chakan
(Phase-I 14,400 MT) ^
Sales Volume (MTPA) & Capacity Utilization Completed Phase-I+ of fourth Unit located in Supa#, Maharashtra; located closer to customers focusing on expansion
28,168
Annual Installed Capacity
23,324
21,495
73.4%
80.3%
75.6%
29,045 Phase 1 & Part Phase 2 Phase 2 (Pending) 59,045
64.8% 23,729 MT
7,969 MT 14,400 MT PA 15,600 MT PA MT
Mar 31, 2022 June 30, 2025 Jun 30, 2026 (43,445
By end of Q4FY27
FY24 FY25 FY26 Q1-FY27
located closer to JNPT, Navi Mumbai ; enables KSH to achieve cost efficiencies & reduce logistics costs
^Capacity as on June 30, 2026
# within 250 kms radius to several other companies such as CG Power, Siemens, etc. Source: CARE Report.
Investor Presentation | KSH International Limited 6
Diversified End-Market with Strong Global Customer Base
Diversified End-Use Industry
Power Renewables Industrials Railways Data Centers EV & ICE Home Appliances Refrigeration & AC
Strong clientele base
Investor Presentation | KSH International Limited 7
Comprehensive Suite of Magnet Winding Wires
Specialized Magnet Winding Wires (75.3% Revenue Share*)
• Focused on high-specification conductors used in transformer and high-voltage applications Revenue (INR Mn)
• Characterized by technical complexity, stringent quality standards and long approval cycles 0.06
21,871
-0.14
• Typically delivering higher EBITDA per ton driven by value-added, engineered product mix 13,503 -0.34
9,643 -0.54
7,652 8,093
-0.74
• Positioned in high-entry-barrier applications with strong original equipment manufacturer relationships
-0.94
-1.14
FY23 FY24 FY25 FY26 Q1-FY27
Standard Magnet Winding Wires (24.7% Revenue Share*)
• Comprises of enameled winding wires used in motors, compressors and general electrical equipment Revenue (INR Mn)
• Manufactured through automated processes enabling operational efficiency
7,168
0.06
• Volume-driven segment catering to diversified end markets with stable demand characteristics -0.14
4,551
-0.34
3,186
• Benefits from scale advantages and broad customer penetration across industrial and consumer 2,739 -0.54
2,024
segments -0.74
-0.94
-1.14
FY23 FY24 FY25 FY26 Q1-FY27
* FY26
Investor Presentation | KSH International Limited 8
Product Portfolio & Key Applications
Specialised Magnet Winding Wires (75.3% Revenue Share1)
Our Products End use Industry End use Application
Traction Transformer
Continuously Transposed HVDC Transformers
Loco-Traction Transformer
Conductors 765 kV Transformers & Reactors
Rectangular Enamelled Copper & Traction Motors (EV) DG Set Alternators
Aluminium Magnet Winding Wires Electric Motors Transformers
Bunched Paper Insulated Magnet Power Transformers Distribution Transformers
Winding Copper Wires
Paper Insulated Rectangular Copper Power & Distribution Transformers Windings Traction Transformer
& Aluminium Magnet Winding Wires Wind Generator Rotor & Stators Hydro Generators
Standard Magnet Winding Wires (24.7% Revenue share1)
Our Products End use Industry End use Application
Round Enameled Copper Magnet
Winding Wires
Traction Motors (EV) Home Appliances
Auto Electricals/ EV Motors & Alternators
Hermetic Compressors Switchgear
Round Enameled Aluminium Magnet
Winding Wires
* As on FY26
Investor Presentation | KSH International Limited 9
Raw Material Pa
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