Shakti Pumps (India) Limited has informed the Exchange about Transcript of the Earnings Call held on Monday, May 11, 2026.

Shakti Pumps reported its highest ever consolidated revenue of INR 2,698 crores in FY26, with Q4FY26 revenue at INR 858 crores. Solar pump installations grew 20% YoY to 86,086 units in FY26. However, EBITDA margins faced significant pressure due to geopolitical-driven raw material price increases (6-7% impact), lower Magel Tyala realizations (3-4% impact), and elevated logistics costs, compressing from peak 24% to approximately 10% in Q4. The company deliberately left INR 200 crores of low-margin orders in Maharashtra but resolved payment issues there, enabling execution ramp-up. Working capital improved significantly with receivables reduced by INR 420 crores in Q4 to INR 1,276 crores. Management expects margins to improve once geopolitical conditions normalize but declined to provide specific guidance, committing to update investors in Q1FY27. Order book stands at INR 1,500 crores providing revenue visibility for two quarters. New capacity expansions (0.5 GW solar panel plant by Q1FY27, 2.2 GW solar cell capacity by March 2028) are on track.