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Latest news about Shakti Pumps

Shakti Pumps India Sees 24% Decline After 523% Surge 2 days ago

Shakti Pumps, a solar pump and EV motor manufacturer, experienced a 24% stock price decline following a 523% return. The company raised ₹292 crore through a QIP at ₹918 per share, attracting investments from PineBridge, LIC Mutual Fund, and Bank of India Mutual Fund. Funds will be used to establish a 2.2 GW solar DCR cell and PV module plant in Madhya Pradesh. Shakti Pumps holds a 25% market share in the PM Kusum Yojana scheme. Q1 results showed 9.70% revenue growth and 4.50% PAT growth, with EBITDA margin at 23.10%. The company is diversifying into EV motors and solar rooftop solutions, with analysts projecting 25-30% compound growth in coming years.

Shakti Pumps Secures Rs. 1,037 Crore Contract for Solar Water Pumping Systems in Maharashtra Aug 13, 2025

Shakti Pumps Targets ₹3,000 Crore Annual Revenue with Improved Operational Efficiency Aug 05, 2025

Shakti Pumps India Shares Plunge 8% Despite Robust Q1 Results and Positive Developments Aug 04, 2025

Shakti Pumps Shares Plunge 8% Despite Profit Growth, Company Invests in EV Subsidiary Aug 04, 2025

More news about Shakti Pumps

02Aug 25

Shakti Pumps Reports Strong Q1 Results with 9.7% Revenue Growth and Rs 13,500 Million Order Book

Shakti Pumps (India) Limited reported a 9.7% increase in revenue to Rs 6,225.00 million for Q1. The company's EBITDA grew by 5.7% to Rs 1,436.00 million, with an EBITDA margin of 23.10%. Profit After Tax rose by 4.5% to Rs 968.00 million. The company maintains a 25% market share in the PM-KUSUM scheme and has a strong order book of Rs 13,500.00 million. Shakti Pumps is executing a Rs 17,000.00 million capex plan for expansion, including doubling pump and motor capacity, establishing EV facilities, and setting up a solar cell and PV module plant. The company successfully raised Rs 2,926.00 million through a QIP for partial funding of these projects.

01Aug 25

Shakti Pumps Reports Higher Q1 Revenue and Profit, Approves AGM Date and Leadership Changes

Shakti Pumps (India) Limited reported a consolidated net profit of 968.00 million rupees for Q1, up from 926.00 million rupees year-over-year. Revenue increased to 6.22 billion rupees from 5.67 billion rupees. The company scheduled its 30th AGM for September 25 and set September 18 as the record date for dividend entitlement. The board approved the re-appointment of Mr. Sunil Patidar as Whole-time Director and doubled the remuneration of Chairman Mr. Dinesh Patidar to 18.00 crores annually. Financial decisions include approving borrowing powers up to 3,000.00 crores and appointing M/s. M.P. Turakhia & Associates as Cost Auditor for 2025-26.

14Jul 25

Shakti Pumps Invests ₹12 Crore in Solar Manufacturing Expansion

Shakti Pumps (India) Limited has invested ₹12 crore in its subsidiary, Shakti Energy Solutions Limited, to establish a 2.20 GW solar cell and PV module manufacturing plant in Pithampur, Madhya Pradesh. This strategic move marks the company's expansion into the solar energy sector. The investment is made through equity share acquisition in SESL, which has shown strong growth with its turnover increasing from ₹99.15 crores in FY 2023 to ₹216.53 crores in FY 2025. No governmental approvals are required for this investment.

07Jul 25

Shakti Pumps Raises ₹292.60 Crores Through Successful QIP

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.

05Jul 25

Shakti Pumps Raises ₹2,926 Crore Through QIB Share Allocation

Shakti Pumps, a leading manufacturer of energy-efficient pumps and motors, has completed a significant capital raise by allocating 3,187,365 equity shares to Qualified Institutional Buyers (QIBs) at ₹918 per share, totaling approximately ₹2,926 crore. This successful allocation demonstrates investor confidence in the company's business model and future prospects. The capital infusion is expected to strengthen Shakti Pumps' financial position and provide resources for growth initiatives.

03Jul 25

Shakti Pumps Sets Floor Price for Qualified Institutional Placement

Shakti Pumps, a manufacturer of energy-efficient pumps and motors, has announced a Qualified Institutional Placement (QIP) with a floor price set at ₹965.96 per share. This move aims to raise capital from qualified institutional buyers. The QIP could provide capital infusion for expansion, debt reduction, or technology investments. The success of this placement will indicate institutional investor confidence in the company.

12Jun 25

Shakti Pumps Secures ₹114.58 Crore Order for Solar Water Pumps in Maharashtra

Shakti Pumps has received a Letter of Award from Maharashtra Energy Department Agency (MEDA) for supplying and installing 4,500 off-grid Solar Photovoltaic Water Pumping Systems in Maharashtra. The order, valued at ₹114.58 crore including GST, is part of the PM-KUSUM scheme. The project is to be completed within 90 days of work order issuance, indicating a potential rapid revenue recognition. This order demonstrates Shakti Pumps' competitiveness in the renewable energy sector and its ability to secure significant government contracts.

12May 25

Shakti Pumps Q4 Profit Surges 22.85% YoY, Revenue Up 9.79%

Shakti Pumps (India) Ltd announced strong Q4 FY2024-25 results with consolidated net profit rising 22.85% to ₹110.20 crore and revenue increasing 9.79% to ₹669.80 crore year-over-year. Operating profit grew 25.31% to ₹163.90 crore. For the full fiscal year, revenue jumped 41.55% to ₹1,374.30 crore, while net profit soared 487.97% to ₹141.70 crore. The company recommended a final dividend of ₹1.00 per equity share.

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.