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Shakti Pumps (India) Limited
(SHAKTIPUMP)
Shakti Pumps (India) Limited (SHAKTIPUMP) vs. iShares MSCI India ETF (INDA)
Shakti Pumps (India) Limited Business Overview & Revenue Model
Shakti Pumps (India) Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.70B | 25.18B | 13.72B | 9.70B | 11.81B | 9.30B |
| Gross Profit | 9.51B | 9.46B | 4.49B | 2.26B | 2.75B | 2.72B |
| EBITDA | 6.07B | 6.04B | 2.25B | 686.72M | 1.13B | 1.42B |
| Net Income | 4.13B | 4.08B | 1.42B | 241.32M | 648.16M | 755.86M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 19.74B | 14.50B | 7.25B | 8.64B | 6.70B |
| Cash, Cash Equivalents and Short-Term Investments | 1.69B | 1.69B | 2.01B | 172.09M | 444.18M | 412.99M |
| Total Debt | 0.00 | 1.70B | 848.28M | 751.40M | 1.06B | 792.44M |
| Total Liabilities | -11.61B | 8.13B | 6.95B | 3.07B | 4.70B | 3.30B |
| Stockholders Equity | 11.61B | 11.61B | 7.56B | 4.18B | 3.93B | 3.41B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -872.90M | -44.56M | 138.67M | -46.20M | 1.07B |
| Operating Cash Flow | 0.00 | 204.90M | 543.78M | 386.86M | 169.95M | 1.21B |
| Investing Cash Flow | 0.00 | -1.98B | -668.41M | -120.25M | -76.03M | 1.50M |
| Financing Cash Flow | 0.00 | 438.70M | 1.92B | -468.66M | 2.84M | -1.06B |
Shakti Pumps (India) Limited Technical Analysis
Shakti Pumps (India) Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹72.36B | 22.02 | ― | 1.27% | 15.87% | -4.28% | |
66 Neutral | ₹87.85B | 21.43 | ― | 0.14% | 12.83% | 14.35% | |
66 Neutral | ₹11.28B | 39.37 | ― | 0.36% | 2.00% | -20.08% | |
65 Neutral | ₹25.48B | 32.86 | ― | 0.47% | 25.52% | -4.18% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | ₹126.80B | 48.28 | ― | 0.51% | 9.50% | 14.52% | |
49 Neutral | ₹6.17B | 86.61 | ― | ― | -11.25% | -48.96% |
Shakti Pumps (India) Limited Corporate Events
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 systems across Karnataka under Component B of the PM-KUSUM scheme. The contract, valued at about Rs 654.03 crore including GST and to be executed by 31 March 2026, significantly strengthens the company’s order book, deepens its participation in government-supported solar irrigation initiatives, and underscores its positioning as a key player in the solar pump segment benefiting from India’s renewable energy and rural electrification push.
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-KUSUM scheme. The contract, valued at approximately Rs 23.54 crore inclusive of GST (Rs 21.62 crore excluding GST), is to be executed within 90 days and strengthens the company’s position in government-led solar irrigation initiatives while adding a sizable, time-bound order to its near-term revenue pipeline.
Shakti Pumps (India) Limited has secured a new work order from Madhya Pradesh Urja Vikas Nigam Limited to design, manufacture, supply, transport, install, test and commission 4,840 stand-alone off-grid DC solar photovoltaic water pumping systems across Madhya Pradesh under Component-B of the PM-KUSUM scheme. The order, valued at about ₹170.25 crore inclusive of GST and to be executed within 120 days, underscores Shakti Pumps’ strengthening role in India’s solar irrigation push and is likely to bolster its order book, revenue visibility and positioning in the renewable-focused agricultural pumping segment.
Shakti Pumps (India) Limited has secured a new Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 12,883 solar photovoltaic water pumping systems under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B scheme, valued at Rs. 356.77 crore. This latest award takes the company’s total new order inflows to nearly Rs. 900 crore in the past 15 days, including a previous MSEDCL order for 16,025 solar pumps worth Rs. 443.78 crore and additional orders from Madhya Pradesh, Jharkhand and other states, highlighting robust demand visibility and a strong order pipeline. Shakti’s execution capabilities have been underscored by its leading contribution to Maharashtra’s Guinness World Record-setting rollout of solar water pumps, and management says the enlarged order book and multi-state tender participation provide clear revenue visibility, reinforce its leadership in solar irrigation solutions and support expectations of strong operational and shareholder value performance.
Shakti Pumps (India) Limited has secured a significant order from the Jharkhand Renewable Energy Development Agency for 1,200 solar water pumping systems under the PM-KUSUM scheme. This order, valued at approximately Rs. 23.98 Crores, highlights the company’s growing presence in the renewable energy market and its commitment to supporting sustainable agricultural practices in India.
Shakti Pumps (India) Limited announced the resignation of Mrs. Vandana Bhagavatula as a Non-Executive Independent Director, effective December 6, 2025. Her departure also means she will no longer serve as the Chairperson of the Audit Committee. The board expressed gratitude for her contributions, highlighting the positive impact of her experience and independent judgment on the company. This change in board composition is part of the company’s regulatory disclosure obligations.
Shakti Pumps (India) Limited has reported to the National Stock Exchange of India and BSE Limited regarding the status of transfer requests for physical shares re-lodged under a special window provided by a SEBI circular. During the period from October 1, 2025, to October 31, 2025, no requests for the re-lodgment of physical shares were received, processed, approved, or rejected. This announcement is intended to inform stakeholders and maintain transparency in the company’s operations.
Shakti Pumps (India) Limited has released an investor presentation as part of its compliance with SEBI’s regulations. This presentation, which is now available on the company’s website, is intended to provide stakeholders with insights into the company’s financial performance for the second quarter and first half of the fiscal year 2026.
Shakti Pumps (India) Limited reported record revenue for Q2 FY26, achieving Rs. 6,664 Mn despite challenges from extended monsoons. The company installed 22,304 solar pumps, marking a 21% increase year-over-year, and maintained a strong order book of Rs. 13,000 Mn. The diversification into solar rooftop and cash business is gaining momentum, and the company achieved a ‘Good’ ESG Impact Rating of 75 by ICRA ESG Ratings Limited. Financially, the company saw a modest 5% year-over-year growth in Q2 revenue and a 7.2% increase for H1 FY26, though margins were affected by rising raw material costs.
Shakti Pumps (India) Limited announced the opening of a special window for re-lodgment of transfer requests for physical shares, in compliance with a SEBI circular dated July 2, 2025. This move is part of the company’s efforts to streamline its share transfer process and ensure compliance with regulatory requirements, potentially impacting its shareholders by providing a more efficient mechanism for share transfers.
Shakti Pumps (India) Limited announced the publication of its unaudited financial results for the quarter and half-year ending September 30, 2025. The results were published in prominent newspapers, Business Standard and The Economic Times, in compliance with SEBI regulations. This disclosure is part of the company’s ongoing commitment to transparency and regulatory compliance, potentially impacting its market perception and investor confidence.