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Earnings Call

Shakti Pumps (India) Earnings Call: Key Takeaways

Shakti Pumps delivered record revenue in FY26 driven by solar pump installations, but faced severe margin contraction from 24% to 10% due to rising raw material costs and lower-margin government contracts.

Highlights
Revenue growthRecord FY26 revenue of ₹2,698 crore; Q4 revenue ₹858 crore.
MarginsSignificant contraction to 10-11% range due to external cost pressures.
Order bookRobust ₹1,500 crore order book as of May 7, 2026.
Demand visibilityStrong visibility from PM-KUSUM 2.0 and state-level solar initiatives.
Management confidenceCautiously optimistic; focusing on balance sheet strength over aggressive growth.

Growth

FY26 consolidated revenue hit a record ₹2,698 crore; solar pump installations rose 20% to 86,086 units.

Outlook

Order book stands at ₹1,500 crore as of May 2026; solar module plant commissioning expected in Q1FY27.

Risks

EBITDA margins plummeted due to stainless steel price volatility and lower realizations from the Maighaltala scheme.

Source

Earnings Call filed with BSE, NSE: SHAKTIPUMP. Summary written with AI assistance from the document.

Read the document ↗

Shakti Pumps (India) Ltd: key numbers

Share price
₹466.90
Market cap
₹5,761 Cr
Revenue (annual)
₹2,698 Cr
Net profit (annual)
₹257.6 Cr
P/E (TTM)
27.1×Sector 53.6×
Promoter holding
50.36%+0.01% QoQ
FII holding
5.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Shakti Pumps (India) Ltd

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14:33 IST BSE
Promoter Buying

Shakti Pumps (India) Promoter Buying: ₹0.7 Cr

Promoter entity Shakti Sons Trust acquired 15,000 equity shares of Shakti Pumps India Ltd via market purchase, increasing its stake from 18.37% to 18.38%.

Value
₹0.70 Cr
Promoter stake change
+0.01%
14:31 IST BSE
Promoter Buying

Shakti Pumps (India) Promoter Buying: ₹0.46 Cr

Shakti Future Trust, part of the promoter group, acquired 10,000 equity shares of Shakti Pumps (India) Ltd via market purchase.

Value
₹0.46 Cr
Promoter stake change
+0.01%
17:58 IST BSE
Promoter Buying

Shakti Pumps (India) Promoter Buying

Shakti Future Trust, a promoter group entity, acquired 10,000 equity shares of Shakti Pumps (India) Limited via an open market transaction, increasing their stake by 0.01%.

Promoter stake change
+0.01%
17:54 IST NSE
Acquisition

Shakti Pumps (India) Acquisition Worth ₹11 Cr

Shakti Pumps invested ₹11 Crore to acquire shares in its subsidiary, Shakti Energy Solutions. This investment supports a 2.20 GW solar manufacturing plant in Madhya Pradesh.

Value
₹11.00 Cr
solar PV modules manufacturing capacity
2.2 GW
17:46 IST BSE
Capacity Expansion

Shakti Pumps (India) Capacity Expansion: ₹11 Cr Investment

Shakti Pumps is investing ₹11 Crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited, to establish a new 2.20 GW solar manufacturing plant in Madhya Pradesh.

Value
₹11.00 Cr
solar manufacturing capacity
2.2 GW