We are submitting herewith Outcome of Board Meeting held on May 07, 2026.
SHAKTIPUMP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shakti Pumps India Ltd reported FY2026 consolidated total income of Rs. 2,722.45 crores, up 7.5% from Rs. 2,533.33 crores in FY2025. However, profit after tax declined significantly to Rs. 257.58 crores from Rs. 408.37 crores in the previous year, a drop of about 37%. The auditor Price Waterhouse Chartered Accountants LLP issued an unmodified (clean) opinion on both standalone and consolidated results. The Board recommended a final dividend of Rs. 1 per equity share (10% on Rs. 10 face value), with record date fixed for July 29, 2026. The company also completed a QIP issue raising Rs. 292.60 crores during the year. Re-appointed Mr. Dinesh Patidar as Chairman and Mr. Ramesh Patidar as Managing Director for 3-year terms.
Despite revenue growth, the sharp decline in profitability is a concern for shareholders. The clean audit opinion and dividend recommendation provide some stability, but the 37% PAT decline may negatively impact stock sentiment in the near term.