Shakti Pumps (India) Limited has seen an increase in shareholding by one of its promoter entities, Shakti Sons Trust. The trust acquired 27,000 equity shares through open market transactions, raising its stake from 18.33% to 18.35% of the company's total equity capital.

Transaction Details

Company Overview

Shakti Pumps (India) Limited has a total equity share capital of Rs. 123,39,79,650, comprising 12,33,97,965 equity shares of Rs. 10.00 each.

Recent Corporate Activities

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Shakti Pumps held a conference call to discuss the company's unaudited financial results for the quarter and half-year. The audio recording of this call has been made available on the company's website, demonstrating transparency in investor communications.

Promoter Group Transactions

It's worth noting that this acquisition by Shakti Sons Trust follows a similar move by another promoter entity, Shakti Future Trust. On the same day, Shakti Future Trust acquired 11,000 equity shares of Shakti Pumps, increasing its stake from 7.30% to 7.31%.

These transactions indicate continued involvement from the promoter group in Shakti Pumps (India) Limited. However, investors should conduct their own research and consider market conditions before making investment decisions based on these shareholding changes.

Shakti Pumps (India) Limited , a leading player in the solar pumps industry, has reported a record quarterly revenue of ₹6,664 million for Q2 FY26, marking a 5% year-over-year growth despite facing challenges from extended monsoon conditions. The company's performance highlights its resilience and strong execution capabilities in a challenging environment.

Key Financial Highlights

Operational Performance

Shakti Pumps installed 22,304 solar pumps during Q2 FY26, representing a significant 21% year-over-year increase. This growth in installations is particularly noteworthy given the challenging weather conditions that affected the agricultural sector during the quarter.

Challenges and Margin Pressure

The company faced headwinds in the form of extended monsoon conditions, which impacted installations and farmer urgency for pump operations. Additionally, raw material prices, including copper, steel, and solar panels, increased by 3-4% due to volatile market conditions. These factors contributed to a decline in EBITDA margin from 23.4% in Q2 FY25 to 20.4% in Q2 FY26.

Order Book and Future Outlook

Despite the challenges, Shakti Pumps maintains a robust order book of ₹13,000 million as of November 7, 2025. The company is seeing strong order inflows, particularly from Maharashtra, which is leading in both order inflows and execution. This healthy order pipeline provides visibility for potential growth in the coming quarters.

Diversification and Emerging Businesses

The company's diversification strategy is showing promising results:

1. Export Business: Generated revenue of ₹1,029 million in Q2 FY26, demonstrating momentum in international markets.
2. Cash Sales Business: Achieved revenue of ₹428 million in H1 FY26, growing 67% year-over-year.
3. Solar Rooftop: Expanded operations into three new states - Rajasthan, Uttar Pradesh, and Maharashtra.

Capacity Expansion and ESG Rating

Shakti Pumps is progressing with its ₹17,000 million capacity expansion plan, which is expected to strengthen its manufacturing capabilities. The company also received an ESG rating of 75 from ICRA Ratings Limited, underscoring its commitment to sustainable business practices.

Management Commentary

Mr. Dinesh Patidar, Chairman of Shakti Pumps, commented on the company's performance: "Despite certain headwinds in the first half of FY26, including extended monsoon conditions and raw material price inflation, we delivered one of the highest quarterly revenues in our history. Our diversified order pipeline, operational agility, and strategic initiatives position us well to deliver on our FY26 guidance and sustain growth beyond this year."

Conclusion

While Shakti Pumps faced some short-term challenges in Q2 FY26, the company's record revenue, strong order book, and strategic diversification efforts indicate a positive outlook. The company's focus on emerging businesses and capacity expansion, coupled with its strong market position in the solar pumps industry, positions it well for potential future growth. Investors and stakeholders will be watching closely to see how Shakti Pumps navigates the evolving market conditions and capitalizes on the opportunities in the renewable energy sector.