Strong demand, capacity addition to drive growth ahead Engineered (Industrials), Standard (agriculture, building solutions) and exports segments contributed ~45%, 27% and 14%, respectively, to the topline in CY18. In the industrials space, the company has seen traction in the oil & gas sector wherein KSB is set to benefit from upgradation capex by refineries to comply with fuel emission control norms. In addition, exports and after-market segments are expected to aid growth in CY19E. KSB has seen robust order execution in Q1CY19. Consequently, the current order...