What we do KSH International Ltd manufactures insulated copper and aluminum magnet winding wires serving power, renewables, railways, automotives, and home appliances sectors. |
Founded in 1,979 |
Market share Leading exporter and one of India's largest magnet winding wire manufacturers with a 29% revenue contribution from exports. |
Problem solved Provides high-quality, specialized winding wires critical for transformers, motors, and EV traction motors, addressing advanced industry requirements. |
Top clients or who we serve Key OEM clients include Bharat Heavy Electricals, Siemens Energy India, GE Vernova, Toshiba, and Hitachi Energy; serves B2B industrial customers globally. |
Key management Mr. Kushal Hegde (Chairman), Mr. Rajesh Kushal Hegde (MD), Mr. Rohit Kushal Hegde (Non-Executive Director), Mrs. Rakhi Girija Shetty (Whole Time Director). |
Our journey and innovations Incorporated in 1979; expanded manufacturing over decades; IPO in 2025 raised Rs 644 crore; recently expanded capacity with Supa facility. |
Where we operate Operations primarily in India with exports to 24 countries including USA, Germany, Japan, UAE, and Saudi Arabia. |
Top products or what we offer Round and rectangular enameled copper and aluminum magnet winding wires, continuously transposed conductors for high-end transformers and motors. |
Top brands Not specified; recognized as approved supplier for HVDC and 765 kV EHV transformers, reputed globally. |
Raw materials needed Copper and aluminum for insulated magnet winding wires. |
Raw materials supplier Not explicitly mentioned; strong focus on backward integration including in-house copper rod manufacturing plans. |
Recurring vs cyclical contribution Revenue largely recurring via long-term OEM contracts with consistent repeat customers (~94.5%). |
Our industry position India's largest magnet winding wire exporter and a preferred supplier for critical power and industrial applications. |
Financial highlights FY2025 revenue: Rs 1928 crore; net profit Rs 68 crore; 47% revenue growth in 9M FY26; EBITDA margins improving. |
Geographical revenue split Domestic revenue Rs 1188 crore; export revenue Rs 590 crore in FY2025. |
Order book Supplies 37 HVDC transformers over 12-24 months indicating steady order flow. |
Whats driving growth Capacity expansion, export market growth, specialized product demand in EV, power, and renewables sectors. |
Our future plans Expand Supa facility capacity to 59,000 MTPA by FY27; focus on high-value product segments and global expansion. |
Our green promise Plans for captive renewable energy and rooftop solar to reduce carbon footprint and power costs. |
Our people and values Experienced management with technical expertise and focus on CSR initiatives led by senior directors. |
Key challenges ahead Managing commodity volatility, capacity ramp-up costs, and competitive global market dynamics. |
Interesting facts India's largest magnet winding wire exporter; IPO in 2025 raised Rs 644 crore; supplies critical HVDC transformers internationally. |
Risks and strategy Mitigates raw material price volatility via back-to-back pricing and focuses on technological differentiation, global diversification. |
