Shakti Pumps (India) Limited (IN:SHAKTIPUMP)
:SHAKTIPUMP
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Shakti Pumps (India) Limited
(SHAKTIPUMP)
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Rating:61Neutral
Price Target:
₹486.00
▼(-32.91% Downside)
Action:ReiteratedDate:03/12/26
The score is primarily supported by strong financial performance (rapid growth, improving profitability, low leverage, strong ROE), but is meaningfully offset by bearish technicals (price below key moving averages and negative MACD) and a demanding valuation (high P/E and low dividend yield).
Positive Factors
Durable Revenue Growth
Revenue more than doubled from ₹9.1bn in 2021 to ₹25.3bn in 2025, indicating durable market penetration across agriculture, domestic and industrial segments. Sustained top-line scale supports fixed-cost absorption, supplier leverage and long-term investment in product and distribution expansion.
Negative Factors
Negative Free Cash Flow from High Capex
Negative free cash flow in 2025 driven by elevated capital expenditures reduces internal funding for dividends, debt paydown or strategic M&A. If elevated capex continues without sustained cash conversion gains, the company may need external financing, raising long-term funding costs or dilution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable Revenue Growth
Revenue more than doubled from ₹9.1bn in 2021 to ₹25.3bn in 2025, indicating durable market penetration across agriculture, domestic and industrial segments. Sustained top-line scale supports fixed-cost absorption, supplier leverage and long-term investment in product and distribution expansion.
Read all positive factors
Shakti Pumps (India) Limited (SHAKTIPUMP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹61.19B
Dividend Yield0.14%
Average Volume (3M)56.63K
Price to Earnings (P/E)70.5
Beta (1Y)0.87
Revenue Growth12.83%
EPS Growth14.35%
CountryIN
Employees585
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)2.57
Shares Outstanding123,397,964
10 Day Avg. Volume36,834
30 Day Avg. Volume56,629
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)9.90
Price to Sales (P/S)4.57
P/FCF Ratio-131.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)₹37.16B
Shakti Pumps (India) Limited Business Overview & Revenue Model
Company Description
Shakti Pumps (India) Limited engages in the manufacture and sale of submersible pumps and motors under the Shakti brand name in India. Its products include submersible, solar, vertical multistage centrifugal, monoblock end suction, pressure booste...
How the Company Makes Money
Shakti Pumps makes money primarily by manufacturing and selling pumping products and integrated pumping solutions. Its core revenue stream is the sale of pumps and motors (notably stainless-steel submersible pumps) used in agriculture (irrigation)...
Shakti Pumps (India) Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
77
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.96B | 25.18B | 13.72B | 9.70B | 11.81B | 9.30B |
| Gross Profit | 9.49B | 9.46B | 4.49B | 2.26B | 2.75B | 2.72B |
| EBITDA | 5.94B | 6.04B | 2.25B | 686.72M | 1.13B | 1.42B |
| Net Income | 4.02B | 4.08B | 1.42B | 241.32M | 648.16M | 755.86M |
Balance Sheet | ||||||
| Total Assets | 29.97B | 19.74B | 14.50B | 7.25B | 8.64B | 6.70B |
| Cash, Cash Equivalents and Short-Term Investments | 4.07B | 1.69B | 2.01B | 172.09M | 444.18M | 412.99M |
| Total Debt | 6.17B | 1.70B | 848.28M | 751.40M | 1.06B | 792.44M |
| Total Liabilities | 13.70B | 8.13B | 6.95B | 3.07B | 4.70B | 3.30B |
| Stockholders Equity | 16.27B | 11.61B | 7.56B | 4.18B | 3.93B | 3.41B |
Cash Flow | ||||||
| Free Cash Flow | -5.07B | -872.90M | -44.56M | 138.67M | -46.20M | 1.07B |
| Operating Cash Flow | -4.78B | 204.90M | 543.78M | 386.86M | 169.95M | 1.21B |
| Investing Cash Flow | -511.90M | -1.98B | -668.41M | -120.25M | -76.03M | 1.50M |
| Financing Cash Flow | 7.18B | 438.70M | 1.92B | -468.66M | 2.84M | -1.06B |
Shakti Pumps (India) Limited Technical Analysis
Negative
724.45
Price Trends
560.43
Negative
630.71
Negative
749.76
Negative
Market Momentum
-21.03
Negative
45.22
Neutral
45.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHAKTIPUMP, the sentiment is Negative. The current price of 724.45 is above the 20-day moving average (MA) of 493.50, above the 50-day MA of 560.43, and below the 200-day MA of 749.76, indicating a neutral trend. The MACD of -21.03 indicates Negative momentum. The RSI at 45.22 is Neutral, neither overbought nor oversold. The STOCH value of 45.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHAKTIPUMP.
Shakti Pumps (India) Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹92.74B | 20.04 | ― | 1.27% | 15.87% | -4.28% | |
65 Neutral | ₹23.18B | 51.58 | ― | 0.47% | 25.52% | -4.18% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ₹146.03B | 48.57 | ― | 0.51% | 9.50% | 14.52% | |
61 Neutral | ₹61.19B | 70.47 | ― | 0.14% | 12.83% | 14.35% | |
55 Neutral | ₹9.90B | 47.85 | ― | 0.36% | 2.00% | -20.08% | |
49 Neutral | ₹5.79B | 41.93 | ― | ― | -11.25% | -48.96% |
* Industrials Sector Average
IN:SHAKTIPUMP
Shakti Pumps (India) Limited
495.85
-404.27
-44.91%
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Shakti Pumps (India) Limited Corporate Events
Shakti Pumps invests Rs. 5 crore in solar manufacturing expansion via subsidiary
Mar 24, 2026
Shakti Pumps (India) Limited has injected Rs. 5 crore into its wholly owned subsidiary, Shakti Energy Solutions Limited, to support the establishment of a greenfield manufacturing plant for high-efficiency solar DCR cells and solar PV modules in P...
Shakti Pumps Wins Rs 654-Crore Solar Water Pump Order in Karnataka Under PM-KUSUM
Jan 12, 2026
Shakti Pumps (India) Limited has secured its first Letter of Award from Karnataka Renewable Energy Development Limited to design, manufacture, supply, install, test and commission 16,780 standalone off-grid DC solar photovoltaic water pumping syst...
Shakti Pumps Wins Rs 23.54 Crore Solar Water Pump Order from HAREDA Under PM-KUSUM
Jan 2, 2026
Shakti Pumps (India) Limited has secured a work order from the Haryana Renewable Energy Department (HAREDA) to design, manufacture, supply, install, test and commission 792 Solar Water Pumping Systems across Haryana under Component-B of the PM-KUS...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.