ALFA Finder| Revenue growth | FY26 revenue grew 7.2% YoY to ₹26,976 Mn; Q4 up 29%. |
|---|---|
| Margins | Structural contraction; EBITDA margin fell to 15.6% from 24% YoY. |
| Order book | Robust ₹15,000 Mn order book as of May 2026. |
| Demand visibility | Strong visibility via KUSUM 2.0 and Maharashtra state schemes. |
| Management confidence | Balanced; focusing on balance sheet quality and receivable reduction. |
Growth
FY26 revenue grew 7.2% YoY; Q4 revenue surged 29% YoY. Solar pump installations grew 20% annually.
Outlook
Order book stands at ₹15,000 Mn. Targeting 0.5 GW DCR Module capacity by Q1FY27.
Risks
EBITDA margins collapsed 840bps YoY due to low-margin government schemes and elevated logistics/RM costs.
Last quarter's promises, checked
Delivered
- Guided Q4 to be highest revenue quarter → Delivered Q4 surge 29% YoY (= BEAT)
- Guided 25% growth in export/retail → Delivered 25%+ retail growth (= BEAT)
- Targeted improved collections/working capital → Delivered stable receivables vs Q2 (= BEAT)
Partly delivered
- Targeted solar module capacity commissioning → 0.5 GW DCR plant on track for Q1FY27 (= PARTIAL)
Missed
- Guided to reach close to full-year revenue guidance → Delivered ₹26,976 Mn vs implied higher targets (= MISS)
- Targeted margin recovery to 20%+ levels → Delivered 15.6% EBITDA margin (= MISS)
Earnings Call filed with NSE, NSE: SHAKTIPUMP. Summary written with AI assistance from the document.
Shakti Pumps (India) Ltd: key numbers
- Share price
- ₹391.30
- Market cap
- ₹4,829 Cr
- Revenue (annual)
- ₹2,698 Cr
- Net profit (annual)
- ₹257.6 Cr
- P/E (TTM)
- 30.1×Sector 51.9×
- Promoter holding
- 50.40%+0.04% QoQ
- FII holding
- 5.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shakti Pumps (India) Ltd
All →Shakti Pumps (India) Price Movement Clarification
Shakti Pumps confirmed no undisclosed material information behind its volume spurt. The company attributed the movement to market forces and affirmed timely Reg 30 compliance.
Shakti Pumps (India) Promoter Buying: ₹15.33 Cr
Promoter Group entity Vintex Tools & Machineries bought 4,23,000 shares via NSE worth Rs.15.33 Crore. Promoter stake rose from 3.99% to 4.33% on 29-30 October 2026.
- Value
- ₹15.33 Cr
- Promoter stake change
- +0.34%
Shakti Pumps (India) Promoter Buying: ₹0.52 Cr
Shakti Pumps promoter group entity Vintex Tools bought 14,000 shares via market purchase, valued at ₹0.52 Crore. Promoter holding rose from 3.98% to 3.99%.
- Value
- ₹0.52 Cr
- Promoter stake change
- +0.01%
Shakti Pumps (India) Promoter Buying: ₹0.48 Cr
Promoter Vintex Tools bought 13,000 Shakti Pumps shares in an open-market purchase on 26 October 2026. Its holding rose from 3.97% to 3.98%.
- Value
- ₹0.48 Cr
- Promoter stake change
- +0.01%
Shakti Pumps (India) Promoter Buying
Vintex Tools, a promoter, bought 13,000 Shakti Pumps shares on the open market. Promoter stake rose marginally from 3.97% to 3.98%.
- Promoter stake change
- +0.01%
Shakti Pumps (India) Earnings Call Transcript: Key Takeaways
Strong volume growth in solar installations and export markets despite regulatory delays in the PM KUSUM scheme.