Shakti Pumps Raises ₹292.60 Crores Through Successful QIP 4 days ago
Shakti Pumps, a leading manufacturer of energy-efficient pumps and motors, has successfully completed a Qualified Institutional Placement (QIP), raising ₹292.60 crores. The substantial capital infusion could potentially be used for expansion plans, debt reduction, working capital management, or research and development. The successful QIP demonstrates strong investor confidence in the company's business model and future prospects.
Shakti Pumps Raises ₹2,926 Crore Through QIB Share Allocation 6 days ago
Shakti Pumps Sets Floor Price for Qualified Institutional Placement 9 days ago
Shakti Pumps Secures ₹114.58 Crore Order for Solar Water Pumps in Maharashtra Jun 12, 2025
Shakti Pumps Q4 Profit Surges 22.85% YoY, Revenue Up 9.79% May 12, 2025
More news about Shakti Pumps
10May 25
Shakti Pumps Reports Robust Q4 and FY2025 Performance with Significant Profit and Revenue Growth
Shakti Pumps announced impressive financial results for Q4 and FY2025. Q4 profit increased by 23% to ₹110.23 crore, with total income rising to ₹669.76 crore. For FY2025, revenue grew 83.6% to ₹2,516.20 crore, while Profit After Tax (PAT) surged 188.2% to ₹408.40 crore. The company's strong performance reflects successful strategies and robust demand for its energy-efficient pump solutions.
09May 25
Shakti Pumps (India) Reports Robust Q4 Results with 22.6% Surge in Net Profit
Shakti Pumps (India) Limited announced impressive Q4 FY24 results, with consolidated net profit rising 22.6% to ₹110.00 crore. Revenue increased 9% to ₹665.00 crore, while EBITDA reached ₹164.00 crore with a 24.64% margin. Quarterly performance showed significant year-over-year growth: revenue up 31.33%, operating profit up 117.46%, and net profit up 130.31%. The company's annual performance for FY24 was equally strong, with revenue increasing 41.55% to ₹1,374.30 crore and net profit surging 487.97% to ₹141.70 crore. A final dividend of ₹1.00 per equity share was recommended for FY24.
03Apr 25
Shakti Pumps Secures ₹12.42 Crore Order for Solar Water Pumping Systems in Maharashtra
Shakti Pumps (India) Limited has received a ₹12.42 crore order from the Maharashtra Energy Department Agency (MEDA) for 445 Off-grid Solar Photovoltaic Water Pumping Systems. The project, part of the PM-KUSUM scheme, involves design, manufacture, supply, installation, and commissioning of the systems across Maharashtra within 120 days. This order aligns with India's push for sustainable energy in agriculture and demonstrates Shakti Pumps' growing presence in the renewable energy sector.
20Mar 25
Shakti Pumps Boosts Borrowing Limit to ₹2,000 Crore, Appoints New Independent Director
Shakti Pumps has increased its borrowing limit to ₹2,000 crore and announced board changes. Mrs. Vandana Bhagavatula, a chartered accountant with 25 years of experience, will join as an Additional cum Non-Executive Woman Independent Director from March 20, 2025, replacing Mrs. Nishtha Neema, whose term ends on March 22, 2025.
13Mar 25
Shakti Pumps Subsidiary Secures 113 Acres for Solar Manufacturing Expansion
Shakti Energy Solutions Limited, a subsidiary of Shakti Pumps (India) Limited, has acquired 113 acres of land from MPIDC in Pithampur, Madhya Pradesh. The land will be used to set up a manufacturing facility for solar cells and PV modules using wafers as input. This move marks Shakti Pumps' strategic expansion into the renewable energy sector, diversifying beyond its traditional pump manufacturing business.
02Mar 25
Shakti Pumps Secures ₹23.91 Crore Order for Solar Water Pumping Systems in Maharashtra
Shakti Pumps has won a ₹23.91 crore contract from Maharashtra Energy Development Agency (MEDA) to supply and install 877 Solar Photovoltaic Water Pumping Systems across Maharashtra. The project, part of the PM-KUSUM scheme, has a 120-day completion timeline and includes design, manufacture, supply, installation, and commissioning of the systems. This order strengthens Shakti Pumps' position in the renewable energy sector and expands its presence in Maharashtra.
27Feb 25
Shakti Pumps Bolsters Subsidiary with ₹60 Million Investment
Shakti Pumps, a leading pump manufacturer, has invested ₹60 million (6 crore) in one of its subsidiary companies. This strategic move aims to strengthen business operations and potentially expand capabilities through its subsidiary network. The investment could be used for operational enhancement, capacity expansion, product development, or market expansion. This decision demonstrates Shakti Pumps' commitment to growth and confidence in its subsidiary's potential, potentially improving its market competitiveness and diversifying its offerings in the pump manufacturing sector.