Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Companies›Industrials›Capital Goods›Industrial Products
NSE:SHAKTIPUMP

SHAKTI PUMPS (I) LTD

Capital Goods › Industrial Products·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹363.10
at close · 28 Oct 2026
▼ 2.75 (-0.75%)
ThemesElectric Vehicles· growing

Latest filings

  1. Promoter group buys 14,000 shares, raising its stake to 3.99% · Ownership Changes
  2. Promoter group adds 13,000 Shakti Pumps shares · Ownership Changes
  3. Audio recording of September 2026 quarter and half-year earnings call · Investor Communications
All filings ↓
Ask Nexa about SHAKTI PUMPS (I) LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures pumps, motors, solar pumping systems and related electrical equipment, with solar modules and cells added through backward integration. Q1 FY27 revenue of ₹859 cr was driven by 27,678 solar pump installations, with Indian sales flowing largely through state-led solar pump programs such as Magel Tyala and Karnataka. India accounts for 96.1% of FY26 segment revenue (₹2,688.93 cr, EBIT ₹403.64 cr) and overseas 3.9% (₹109.99 cr, EBIT ₹14.58 cr), with exports reaching 100 countries. The order book stood at ₹1,000 cr as of July 22, 2026, with an export order run rate of ₹100 cr/quarter and a separate ₹353.89 cr empanelment from Maharashtra State Electricity Distribution Co. for 15,000 off-grid solar pumping systems. Two solar module/cell projects are under construction with commissioning targeted in September 2026 (0.5 GW DCR module) and September 2027 (2.2 GW cell+module), backed by ₹1,500-1,700 cr of capex. Adjacency lines include solar rooftop (₹8 cr in Q1 FY27), C&I cash-and-retail (₹24 cr in Q1), and EV motors through subsidiary Shakti EV Mobility. Materials are the largest cost at 72.1% of revenue, with FY26 EBITDA margin at 16.55%.

Revenue mix · reported segments
India96.1%
Overseas3.9%
Operating scale
Solar pump installations (Q1 FY27)
27,678 unitsQ1 FY27
Order book
₹1,000 cras of July 22, 2026
0.5 GW DCR module plant
Commissioning September 2026
2.2 GW cell+module plant
Commissioning September 2027
Total capex pipeline
₹1,500-1,700 crby September 2027
Dealer network
993 outlets
Who pays it
Indian state electricity distribution companies and farmers via government solar pump programs (PM KUSUM, Magel Tyala, Karnataka, Maharashtra); exports to 100 countries
Biggest cost
Raw materials at 72.1% of revenue (motors, steel, copper, solar cells)
Kind of business
Asset-heavy manufacturer scaling up solar pump volumes and backward-integrating into solar cells and modules
Where it sits
Operates across 100 countries and 22 Indian states; 993 dealer outlets; export share ~13.75% of revenue
Market Cap
₹4,481 Cr
P / E (TTM)
21.1×
EV / EBITDA
11.5×
Div Yield
0.28%
Growth
23.7%▲
Revenue 5y CAGR
PAT +27.8% · EBITDA +25.1%
Quality
23.5%▲
ROCE (5y median)
ROE 16.5% (5y median) · margin 16.6%
Leverage
0.29·
Debt / Equity · low
Net debt ₹48 Cr
Revenue FY21→FY26
2.9×▲
Margin +1.4 pts
₹930 Cr → ₹2,698 Cr
Cash conversion
0.28×▼
Operating cash ÷ profit · 5 yrs
₹255 Cr on ₹897 Cr
Moves on a normal day
1.30%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 14 Compressors Pumps & Diesel Engines peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/15
P/B#2/15
ROCE#7/15
ROE#9/15
Debt / Equity#13/15
EBITDA margin#13/15
Revenue growth#2/15
Profit growth#14/15

Scorecard

Measured from the filed financials, judged against its Compressors Pumps & Diesel Engines peers · as of FY26 — not investment advice

Strengths
Revenue compounding 24% a year over 5 years
Profit compounding 28% a year over 5 years
Returns on capital 23.5% (5-year median)
#7 of 15 in Compressors Pumps & Diesel Engines on the latest reported figures · down from 33.7% in FY21
Concerns
Erratic profits — up in only 2 of the last 5 years
Carries more debt than its peers — 0.29× equity
higher than 86% of its 15 Compressors Pumps & Diesel Engines peers
Over 5 years it reported ₹897 Cr of profit and ₹255 Cr of operating cash — 0.28×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 146 days of cash tied up
Customers are taking longer to pay — 104 → 173 days of receivables
FY21 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

SHAKTIPUMP · price

Loading chart…

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

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from SHAKTI PUMPS (I) LTD's filed financials and exchange disclosures

What does SHAKTI PUMPS (I) LTD do?

SHAKTI PUMPS (I) LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol SHAKTIPUMP.

Is SHAKTI PUMPS (I) LTD profitable?

Yes. Over the trailing twelve months SHAKTI PUMPS (I) LTD reported a net profit of ₹212 Cr on revenue of ₹2,934 Cr.

Does SHAKTI PUMPS (I) LTD pay a dividend?

Yes. The dividend yield is 0.28% at the current price. It paid out 5% of its profit as dividend in FY26.

Is SHAKTI PUMPS (I) LTD debt-free?

No. It reported borrowings of ₹486 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹48 Cr after cash. Debt stands at 0.29× equity. That is higher than 86% of its 15 Compressors Pumps & Diesel Engines peers.

Is SHAKTI PUMPS (I) LTD expensive compared with its peers?

On trailing P/E, SHAKTI PUMPS (I) LTD ranks 4 of 15 in Compressors Pumps & Diesel Engines — cheaper than 79% of them, against an industry median of 42.2×. This is a position, not a valuation judgement.

How much does the SHAKTI PUMPS (I) LTD share price move in a day?

On a typical session SHAKTI PUMPS (I) LTD moves 1.30% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SHAKTI PUMPS (I) LTD's announcements?

Every NSE and BSE filing by SHAKTI PUMPS (I) LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.