| 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
- ₹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
All →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%
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%
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%
Shakti Pumps (India) Earnings Call Transcript: Key Takeaways
Shakti Pumps delivered record Q1 FY27 revenue of ₹8,587 Mn, driven by strong execution in solar pump installations and a healthy ₹10,000 Mn order book.
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
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