Shakti Pumps (India) Ltd is primarily engaged in manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications such as irrigation, horticulture, domestic water supply, commercial and industrial applications. Its brand “Shakti” is well received in the domestic and international markets. Presenting below are its Q1 FY26 earnings.
Q1 FY26 Earnings Results
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Consolidated Revenue: ₹622.5 crore, up 9.5% year-over-year (YoY) from ₹567.6 crore in Q1 FY25, but down 6.4% quarter-on-quarter (QoQ) from ₹665.3 crore in Q4 FY25.
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Net Profit (PAT): ₹96.8 crore, up 4.3% YoY (Q1 FY25: ₹92.7 crore), but declined 12.2% QoQ (Q4 FY25: ₹110.2 crore).
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EBITDA: ₹143.6 crore, up 5.7% YoY (Q1 FY25: ₹135.9 crore), with EBITDA margin at 23.1% in Q1 FY26 compared to 23.9% in Q1 FY25.
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Profit Before Tax: ₹129.7 crore, up 3.2% YoY, but down 13.7% QoQ.
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EPS: ₹8.06 (Q4 FY25: ₹9.17).
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Order Book: Robust at approximately ₹1,350 crore as of August 1, 2025, with strong inflows from government and industrial tenders.
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Key Growth Drivers: Solar pumps (especially under PM-KUSUM), growing domestic and international markets, robust government policy support for renewable deployment.
Key Management Commentary & Strategic Highlights
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Leadership Statement: Chairman Dinesh Patidar emphasized a “strong start to FY26, driven by robust execution in the solar pump segment, steady export growth, and strategic capacity and technology investments.”
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Market Position: Shakti Pumps continues to lead the PM-KUSUM scheme with a 25% market share across major agricultural states, cementing its leadership in the solar pumping solutions space.
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Capacity & Expansion: Ongoing investments include a ₹12 crore capital commitment to a 2.2 GW greenfield solar DCR cell and PV module manufacturing plant in Pithampur. These moves strategically strengthen its presence in the entire solar value chain.
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Order Pipeline: Active participation in tenders in Maharashtra, Madhya Pradesh, Rajasthan, Haryana, Punjab, Uttar Pradesh, Jharkhand and more. The company’s well-established presence in these regions is expected to capture sustained demand growth.
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Financial Stability: Successful QIP fundraise of ₹292.6 crore to partially finance expansions; the remainder to be covered by internal accruals and debt.
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Strategic Focus: Continued leadership in solar and agri-pump markets, penetration into rooftop solar and EV segments, and export momentum.
Q4 FY25 Earnings Results
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Revenue: ₹665.3 crore.
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Net Profit (PAT): ₹110.2 crore.
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EBITDA: Approx. ₹163 crore, margin at 24.3%.
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Profitability: Strong sequential quarter, but short-term margin compression observed entering Q1 FY26 due to some project mix headwinds and input costs
To view the company’s previous earnings, click here