Shakti pumps (India) Limited has issued a formal response to the BSE regarding inquiries about a significant increase in trading volume of its securities. The company addressed the exchange's clarification request through an official communication dated 12/03/2026.

Company's Response to BSE Inquiry

In its response to the Corporate Relationship Department of BSE Limited, Shakti Pumps emphasized its compliance with regulatory disclosure requirements. Company Secretary Ravi Patidar, who signed the communication, stated that the company has made all necessary disclosures on a timely basis pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points from the Clarification

The company's response covered several important aspects:

Market Movement Attribution

Shakti Pumps clarified that the significant increase in share volume is "absolutely based on market driven" factors. The company confirmed that investors have access to all relevant information about the company and stated there is no undisclosed information that may have a bearing on the price or volume movement in the scrip.

Regulatory Compliance Statement

The company emphasized that it has not retained any material information or events that could affect the price or volume of its shares. This statement reinforces the company's position that the recent trading activity is purely market-driven and not influenced by any undisclosed corporate developments.

The communication concluded with the company requesting BSE to take the clarification on record and acknowledge receipt of the same, following standard corporate communication protocols with stock exchanges.

Shakti Pumps (India) Limited has released the complete official transcript of its quarterly earnings conference call held on February 14, 2026, providing comprehensive insights into the company's Q3FY26 financial performance and strategic decisions.

Conference Call Overview

The earnings conference call was conducted on Saturday, February 14, 2026, at 14:00 P.M. IST, moderated by Ernst & Young LLP. The discussion covered the company's unaudited financial results for both the quarter and nine months ended December 31, 2025.

Key Management Highlights

Managing Director Ramesh Patidar emphasized that Q3FY26 was "a quarter of deliberate and disciplined choice" where the company consciously moderated execution, particularly in Maharashtra, to address elevated receivable levels and protect balance sheet strength. The company temporarily paused execution of orders worth approximately ₹200 crores during the quarter.

Financial Performance Factors

Several factors impacted margins during the quarter, as outlined by management:

Business Segments Performance

The company reported strong performance in specific segments during the nine-month period. Export business remained resilient with revenue of ₹307 crores in 9MFY26 and ₹105 crores in Q3FY26. The retail business showed significant growth of 25% year-on-year, while cash sales demonstrated robust expansion of 68% year-on-year growth to ₹66.60 crores.

Strategic Developments

Management discussed several strategic initiatives during the call. The solar rooftop business is expanding its dealer network and positioning for meaningful contribution post-commissioning of the 500-megawatt DCR module capacity in Q1FY27. The company expects execution momentum to improve significantly in Q4FY26, anticipating it to be the highest revenue quarter ever.

Regulatory Compliance

The transcript release was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Ravi Patidar digitally signed the official communication on February 19, 2025, addressing both the National Stock Exchange of India Ltd. and BSE Limited to ensure complete transparency for all stakeholders.