SHAKTIPUMPNSEShakti Pumps (India) Limited· Electronics - IndustrialHighNeutral
Announced Fri, 13 Feb · 19:28 IST

Shakti Pumps (India) Limited has informed the Exchange regarding the earnings and operational update for the quarter and nine months ended December 31, 2025.

Revenue DeclineEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shakti Pumps reported Q3 FY26 consolidated revenue of Rs. 5,510 Mn, down about 15% from Rs. 6,488 Mn in Q3 FY25, while 9M FY26 revenue was nearly flat at Rs. 18,398 Mn. The company deliberately paused execution of about Rs. 2,000 Mn of orders in Maharashtra to control receivables and strengthen the balance sheet. Q3 EBITDA fell sharply to Rs. 590 Mn (margin 10.7%) from Rs. 1,544 Mn (23.8%) last year, hurt by around 4% lower realisations on Magel Tyala orders, 2% higher raw material costs, and a one-time Rs. 44 Mn labour code expense. PAT for the quarter dropped to Rs. 317 Mn from Rs. 1,041 Mn. The order book remains healthy at Rs. 21,000 Mn, exports are growing, and the company is executing a Rs. 17,000 Mn capacity expansion plan. Management expects Q4 FY26 to be the highest revenue quarter ever, with margins under pressure in the near term.

Likely market impact

Short-term results are weak with revenue and margins both contracting, which may weigh on the stock. However, the disciplined approach to receivables, strong Rs. 21,000 Mn order book, growing exports, and large capacity expansion provide a constructive medium-term outlook for shareholders.