| Revenue growth | Solar installations up 24% QoQ; strong domestic retail/industrial performance. |
|---|---|
| Margins | EBITDA impacted by 3% raw material cost spike; internal cost-cutting applied. |
| Order book | ₹750 Cr order book; execution expected within 90 days. |
| Demand visibility | Positive outlook for PM KUSUM 2.0 and export markets. |
| Management confidence | Balanced, highlighting operational strength amid geopolitical and scheme delays. |
Growth
Solar pump installations grew 24% QoQ; domestic retail and industrial segments surged 70% YoY.
Outlook
Targeting 2.2 GW solar cell capacity by FY28; significant revenue expected post-March 2028.
Risks
High raw material price volatility and dependency on government scheme timelines like PM KUSUM.
Last quarter's promises, checked
Partly delivered
- 0.5 GW plant due Sep-26 → 500 MW trial production; full commissioning unconfirmed (= PARTIAL)
- ₹1,000 Cr order book executable in two quarters → ₹750 Cr left (= PARTIAL)
- ~₹800 Cr FY27 capex → ₹200 Cr on cell plant; total unreported (= PARTIAL)
Missed
- PM KUSUM 2.0 launch 'next week or next month' → still 'expected this quarter' (= MISS)
- Run-rate maintained vs 27,678 pumps (Q1) → 23,865 units Q2 (= MISS)
- QoQ margin improvement from next quarter → EBITDA still hit by raw-material spike (= MISS)
Earnings Call Transcript filed with BSE, NSE: SHAKTIPUMP. Summary written with AI assistance from the document.
Shakti Pumps (India) Ltd: key numbers
- Share price
- ₹364.00
- Market cap
- ₹4,492 Cr
- Revenue (annual)
- ₹2,698 Cr
- Net profit (annual)
- ₹257.6 Cr
- P/E (TTM)
- 28.1×Sector 52.0×
- Promoter holding
- 50.40%+0.04% QoQ
- FII holding
- 5.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shakti Pumps (India) Ltd
All →Shakti Pumps (India) Promoter Buying: ₹0.52 Cr
Shakti Pumps promoter group entity Vintex Tools bought 14,000 shares via market purchase, valued at ₹0.52 Crore. Promoter holding rose from 3.98% to 3.99%.
- Value
- ₹0.52 Cr
- Promoter stake change
- +0.01%
Shakti Pumps (India) Promoter Buying: ₹0.48 Cr
Promoter Vintex Tools bought 13,000 Shakti Pumps shares in an open-market purchase on 26 October 2026. Its holding rose from 3.97% to 3.98%.
- Value
- ₹0.48 Cr
- Promoter stake change
- +0.01%
Shakti Pumps (India) Promoter Buying
Vintex Tools, a promoter, bought 13,000 Shakti Pumps shares on the open market. Promoter stake rose marginally from 3.97% to 3.98%.
- Promoter stake change
- +0.01%
Shakti Pumps (India) Investor Presentation: Key Takeaways
H1 FY27 revenue ₹16,047 Mn (+24.5% YoY) but PAT fell to ₹901 Mn (5.6% margin) from ₹1,875 Mn. EBITDA margin 9.2% amid geopolitical cost pressure.
Shakti Pumps (India) Results Update
Shakti Pumps reported H1 FY27 revenue up 24.5% to ₹16,047 Mn and PAT of ₹901 Mn. It started trial production at 0.5 GW of solar module capacity.
- solar module capacity
- 0.5 GW
Shakti Pumps (India) Q2 FY27 Results: Net Profit ₹38.5 Cr, Down 57.6% YoY
Shakti Pumps (India) Ltd reported revenue from operations of ₹746 Cr (+11.9% YoY) and net profit of ₹38.5 Cr (-57.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹38.5 Cr · -57.6% YoY