| Revenue growth | H1 +24.5% YoY; Q2 +12.0% YoY |
|---|---|
| Margins | Q2 EBITDA 8.6%, down from 9.6% in Q1 FY27 |
| Order book | ₹7,510 Mn as of 23 Oct 2026, incl. GST; Magel Tyala ₹3,440 Mn |
| Demand visibility | Order book ₹7,510 Mn; PM-KUSUM 2.0, Magel Tyala inflows expected |
| Management confidence | Upbeat on PM-KUSUM 2.0; no numeric guidance |
Growth
Q2 revenue ₹7,460 Mn (+12.0% YoY); Q2 PAT ₹385 Mn vs ₹907 Mn; solar pumps installed H1 +29.3%.
Outlook
Order book ₹7,510 Mn; PM-KUSUM 2.0 expected this quarter; ~₹17,000 Mn capex; 2.2 GW DCR cell by FY28.
Risks
Margin compression from lower realisations (Magel Tyala), elevated input costs (steel, copper, aluminium), and geopolitical logistics costs.
Last quarter's promises, checked
Partly delivered
- 0.5 GW module plant Sep-26 → trial production live; commercial status unclear (= PARTIAL)
- ₹1,000 Cr order book plus top-ups → ₹751 Cr; top-ups lagged, basis unclear (= PARTIAL)
- 2.2 GW DCR cell Sep-27 → now 'by FY28'; not yet due (= PARTIAL)
Missed
- Margin up QoQ from Q2 (Q1 9.6%) → Q2 8.6% (= MISS)
- Sustain Q1 revenue ₹859 Cr run-rate → Q2 ₹746 Cr (= MISS)
- PM-KUSUM 2.0 orders by Q2-end → scheme not launched (= MISS)
Investor Presentation filed with NSE, NSE: SHAKTIPUMP. Summary written with AI assistance from the document.
Shakti Pumps (India) Ltd: key numbers
- Share price
- ₹364.00
- Market cap
- ₹4,492 Cr
- Revenue (annual)
- ₹2,698 Cr
- Net profit (annual)
- ₹257.6 Cr
- P/E (TTM)
- 28.1×Sector 52.0×
- 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) 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.
Shakti Pumps (India) Results Update
Shakti Pumps reported H1 FY27 revenue up 24.5% to ₹16,047 Mn and PAT of ₹901 Mn. It started trial production at 0.5 GW of solar module capacity.
- solar module capacity
- 0.5 GW
Shakti Pumps (India) Q2 FY27 Results: Net Profit ₹38.5 Cr, Down 57.6% YoY
Shakti Pumps (India) Ltd reported revenue from operations of ₹746 Cr (+11.9% YoY) and net profit of ₹38.5 Cr (-57.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹38.5 Cr · -57.6% YoY