KSB Key Ratios

The PAT margin shows slight volatility over the years, with a peak in 2022, while it declined in subsequent years. This indicates that profit generation per sales dollar fluctuated, impacting ROE positively in some periods and negatively in others.Asset turnover has steadily improved, indicating enhanced efficiency in using assets to generate sales, contributing positively to ROE growth.Leverage has decreased marginally over the years, suggesting a reduction in debt reliance, which could indicate a more conservative financial approach that supports sustainability.

Inventory days peaked in 2022 and have since decreased, indicating improved efficiency in stock management, which is positive for cash flow.Receivable days have consistently increased, suggesting a longer collection period, which could put pressure on cash flow and indicate potential issues with customer credit policies.Payable days have decreased, suggesting the company may be paying suppliers faster, which could impact liquidity but could also strengthen supplier relationships.

ROE has shown a consistent upward trajectory, reflecting strong equity efficiency, driven mainly by improved profitability and asset utilization.ROCE has also improved significantly, indicating that the company is effectively using both equity and debt financing to create returns, with debt contributing positively without an over-reliance.ROA has shown gradual improvement, suggesting overall asset efficiency is rising, driven by asset utilization rather than enhanced leverage, which remains conservative.