Shakti Pumps (India) Ltd has secured a significant order worth ₹65 crores, marking a notable business development for the capital goods company in the non-electrical equipment sector.

Order Details

The company has successfully secured this substantial order, adding to its business portfolio and strengthening its market position. The order value of ₹65.00 crores represents a considerable addition to the company's order book.

Business Impact

This order win demonstrates Shakti Pumps' continued ability to secure large-scale contracts in its operational sector. The company, which is classified as a mid-cap entity in the capital goods segment, has shown its competitive strength in attracting significant business opportunities.

The successful acquisition of this order is expected to contribute positively to the company's revenue pipeline and operational performance. Such substantial contracts typically play a crucial role in supporting business growth and maintaining market competitiveness in the capital goods industry.

Company Profile

Shakti Pumps operates in the capital goods sector, specifically focusing on non-electrical equipment manufacturing. The company maintains its position as a mid-cap entity in the Indian stock market, serving various industrial and commercial segments through its product offerings.

Shakti Pumps has secured a major order from Maharashtra State Electricity Distribution Company Limited (MSEDCL), marking a significant milestone in the company's solar pump business segment. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting its accelerated order momentum in December 2025.

Order Details and Specifications

The comprehensive order encompasses 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana/PM Kusum B Scheme. The following table summarizes the key parameters of this major contract:

Exceptional Order Momentum

This latest order represents part of an extraordinary winning streak for Shakti Pumps, with the company securing approximately ₹900.00 crores in new orders over the past 15 days. The consecutive order inflows include multiple wins from MSEDCL, Madhya Pradesh, Jharkhand, and other states, demonstrating strong demand visibility and a healthy pipeline of opportunities across various regions.

Guinness World Record Achievement

Shakti Pumps' execution capabilities were further validated through its role as the leading contributor in Maharashtra's Guinness World Record attempt. The company installed 8,846 SPWPS in a single month as part of the state's achievement of 45,911 solar water pump installations, representing one of the fastest and largest renewable irrigation rollouts globally.

Strategic Market Position

This order significantly strengthens Shakti Pumps' order book, reinforcing the company's leadership position in the solar pump market. The contract under the PM Kusum B Scheme highlights the growing adoption of solar-powered pumping solutions in Maharashtra's agricultural sector. The off-grid DC solar pump systems are particularly suited for rural and remote areas where conventional electricity supply may be limited or unreliable.

Management Commentary

Mr. Dinesh Patidar, Chairman of Shakti Pumps, commented on this achievement: "The recent series of large orders, including today's ₹356.77 crores order reflects strong demand momentum and validates our execution capabilities. These wins significantly strengthen our order book and provide clear revenue visibility. Our leadership in Maharashtra and active participation in tenders across multiple states provide a clear runway for growth."

The successful acquisition of this significant order underscores Shakti Pumps' competitive edge in the solar pump industry and its ability to secure large-scale government projects consistently. With a robust order book and healthy pipeline, the company remains well-positioned for sustained growth in the renewable energy sector.