Shakti Pumps (India) Ltd

Shakti Pumps (India) announced that following the receipt of a Letter of Empanelment from the Maharashtra State Electricity Distribution Company (MSEDCL) on 12 August 2025 for the supply and installation of 34,720 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B, the company has achieved a remarkable milestone. On 27 August 2025, the MSEDCL portal was opened for Shakti Pumps, offering 10,000 Off-Grid Solar Pumps to farmers across Maharashtra. In an extraordinary show of trust and demand, all units were selected by farmers within just 1.5 hours of the portal going live. The total value of this order is approximately Rs. 268.88 crore (inclusive of GST), reinforcing Shakti Pumps' leadership in delivering high-quality, sustainable water solutions at scale. Powered by Capital Market - Live

The order is worth about Rs 1,037 crore. It includes installations throughout Maharashtra under the Magel Tyala Saur Krushi Pump Yojana and PM KUSUM B scheme. The empanelment lasts for one year. Shakti Pumps (India) chairman, Dinesh Patidar, expressed his delight on this significant development: 'We are delighted to announce that we have received a Letter of Empanelment for 34,720 pumps from MSEDCL under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B. This significant development will greatly enhance our robust order book position. As one of the leaders in the solar pumps market, we hold a strong market share across key states, and this large order further solidifies our position. We are witnessing steady inflows and actively participating in tenders across states like Maharashtra, Madhya Pradesh, Rajasthan, Haryana, Punjab, Uttar Pradesh, Jharkhand, etc. Our presence in these markets, built over more than a decade, positions us well to capitalize on the immense opportunities that lie ahead.' Shakti Pumps (India) manufactures solar pumps, energy-efficient stainless-steel submersible pumps, pressure booster pumps, pump motors, and other products.Powered by Capital Market - Live

Revenue from operations decreased 6.43% to Rs 622.50 crore in Q1 FY26 as against Rs 665.32 crore reported in Q4 FY25. On a year-on-year (YoY) basis, the IT firm's net profit grew 4.50%, while revenue rose 9.60% in Q1 FY26. Profit before tax was at Rs 129.66 crore during the quarter, down 13.69% quarter on quarter (QoQ) but up 3.24% year on year (YoY). EBITDA stood at Rs 143.60 crore in Q1 FY26, up 5.66% compared with Rs 135.90 crore in Q1 FY25. EBITDA margin reduced to 23.1% in Q1 FY26 as against 23.9% in Q1 FY25. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, said: 'We are pleased with a strong start to FY26, driven by robust execution in the solar pump segment, steady export growth, and strategic investments in capacity and technology. We continue to lead the PM-KUSUM scheme with a 25% market share in major agricultural states. As of 1st August 2025, our order book stands at around Rs. 13,500 Mn, supported by steady inflows and active participation in tenders across Maharashtra, Madhya Pradesh, Rajasthan, Haryana, Punjab, Uttar Pradesh, Jharkhand, and others. Our decade-long presence in these markets positions us well to capture growing demand. The rooftop solar segment is gaining momentum, aided by government initiatives like PM Surya Ghar: Muft Bijli Yojana. We are expanding our footprint in this and in domestic, industrial, and EV segments. Our export business, growing at ~25% CAGR over four years, is strong with projects in Haiti, Uganda, Bangladesh, Nepal, and rising demand from the USA, Middle East, and Africa. Operationally, we improved receivable days from 178 in FY24 to 152 in FY25, targeting 120 days by FY26-end. Our Rs. 17,000 Mn capex plan includes doubling capacity for pumps, motors, VFDs, and solar structures (Rs. 2,500 Mn), establishing an EV motor and charger facility (Rs. 2,500 Mn), and setting up a 2.2 GW solar DCR cell and PV module plant in Pithampur (Rs 12,000 Mn). We raised Rs. 2,926 Mn via QIP to partially fund the solar project, with the rest financed through internal accruals and debt. Looking ahead, we aim for 25'30% revenue growth in FY26 and sustained growth over the next 3'4 years. Our focus on clean energy, operational discipline, and a strong order pipeline positions us well for long-term value creation.' Meanwhile, the company announced an investment in its wholly owned subsidiary, Shakti EV Mobility, incorporated on 16th December 2021. The investment will be made by way of issuing equity shares, with a total consideration of Rs. 5.00 Crores. As of 31st March 2025, Shakti EV Mobility holds total assets of Rs. 10,121.83 Lakhs. The subsidiary operates in the electric vehicle industry, specializing in the manufacturing of electric vehicle motors for two-wheelers, three-wheelers, four-wheelers, and special-purpose vehicles, along with the production of EV chargers and controllers. The company currently has a presence in India. Shakti Pumps (India) manufactures solar pumps, energy-efficient stainless-steel submersible pumps, pressure booster pumps, pump-motors, and other products.Powered by Capital Market - Live

Shakti Pumps (India) announced that the 30th Annual General Meeting(AGM) of the company will be held on 25 September 2025.Powered by Capital Market - Live

Shakti Pumps (India) has invested Rs 5 crore in its wholly owned subsidiary, Shakti EV Mobility by subscribing to 50,00,000 equity shares of face value of Rs. 10. The consolidated investment is Rs. 55 crore after subscribing aforesaid equity shares.Powered by Capital Market - Live

Net profit of Shakti Pumps (India) rose 4.50% to Rs 96.83 crore in the quarter ended June 2025 as against Rs 92.66 crore during the previous quarter ended June 2024. Sales rose 9.68% to Rs 622.50 crore in the quarter ended June 2025 as against Rs 567.56 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales622.50567.56 10 OPM %23.0623.94 - PBDT135.71130.35 4 PBT129.66125.58 3 NP96.8392.66 5 Powered by Capital Market - Live

Shakti Pumps (India) will hold a meeting of the Board of Directors of the Company on 1 August 2025.Powered by Capital Market - Live

Shakti Pumps (India) has invested Rs. 12 crore in its wholly owned subsidiary i.e. Shakti Energy Solutions. The company said, In Shakti Energy Solutions, we are establishing a greenfield high efficiency solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW.Powered by Capital Market - Live

SESL, incorporated in September 2010, is currently engaged in manufacturing solar structures and rooftop systems. The company is now setting up a solar DCR cell and solar PV module manufacturing facility at Pithampur, Madhya Pradesh, with an installed capacity of 2.20 GW. The investment will be made through the issuance of equity shares from time to time, as per the agreement between the parent company and the subsidiary. As the investment is being made in a wholly-owned subsidiary, it does not qualify as a related party transaction and hence, the arm's length pricing norms are not applicable,' the company said in a regulatory filing. It added that no government or regulatory approvals are required for the transaction. The company also clarified that the investment does not fall under the related party transaction. Therefore, an arm's length basis is not applicable. Shakti Pumps (India) manufactures solar pumps, energy-efficient stainless-steel submersible pumps, pressure booster pumps, pump-motors, and other products. The company's consolidated net profit jumped 22.9% to Rs 110.23 crore while revenue from operations rose 9.2% to Rs 665.32 crore in Q4 March 2025 over Q4 March 2024. Shares of Shakti Pumps (India) fell 1.01% to Rs 911.35 on the BSE. Powered by Capital Market - Live

Shakti Pumps (India) has successfully closed its Qualified Institutions Placement (QIP) issue to institutional investors, raising Rs 292.60 crore. The QIP issue received an overwhelming response from existing and new prominent institutional investors, demonstrating their confidence in the company's future growth prospects and the overall performance. The proceeds from the QIP will be utilized for establishing a greenfield high efficiency solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, through its subsidiary, Shakti Energy Solutions, with a production capacity of 2.20 GW. The in-house manufacturing of solar DCR cells will enhance backward integration and allow greater control over the entire value chain, thereby benefitting the company. The QIP issue was priced at Rs 918.00 per share, a 4.97% discount to the Sebi floor price of Rs 965.96, and the proceeds will further strengthen the company's financial position, enabling it to pursue its strategic objectives. Powered by Capital Market - Live