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Cables - Electricals
Quarterly Updates7 Feb 2026, 08:01 pm

KSH International Announces Q3 and 9M FY2026 Results: Strong Operating Performance, Volume Growth Accelerates, Capacity Increases to 43,445 MTs

AI Summary

KSH International Limited, India's third-largest manufacturer and largest exporter of magnet winding wires, has announced its financial results for Q3 and 9M FY2026. The company reported the highest quarterly revenue and EBITDA in its 45-year history, driven by volume growth, mix, and copper price increases. EBITDA/Ton improved from Rs 50,133 last year to Rs 66,044 in 9M FY2026. The company added 2,400 MTs of capacity in Q3 FY2026, bringing total available annualised capacity to 43,445 MTs for 4Q FY2026. KSH International continued to focus on higher value-added products, with specialized magnet winding wires revenue growth accelerating to 48% and 61% in 9M FY2026 and Q3 FY2026, respectively. The company began supplying specialized magnet winding wires for cumulative orders of 37 HVDC transformers during Q3 FY2026. The debt-to-equity ratio (excluding IPO proceeds to be redeployed) was brought down to 0.42x.

Key Highlights

  • Revenue from Operations grew 47% and 59% respectively in 9M FY2026 and Q3 FY2026
  • EBITDA increased 55% and 23% respectively in 9M FY2026 and Q3 FY2026
  • Added 2,400 MTs of capacity in Q3 FY2026, bringing total available annualised capacity to 43,445 MTs
  • Specialized magnet winding wires revenue growth accelerated to 48% and 61% in 9M FY2026 and Q3 FY2026
  • Began supplying specialized magnet winding wires for cumulative orders of 37 HVDC transformers during Q3 FY2026
KSHINTL
Cables - Electricals
KSH International Ltd

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