{"id":180841,"date":"2026-02-15T21:24:25","date_gmt":"2026-02-16T02:24:25","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=180841"},"modified":"2026-02-15T21:24:25","modified_gmt":"2026-02-16T02:24:25","slug":"shakti-pumps-india-shares-fall-after-q3-fy2026-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/shakti-pumps-india-shares-fall-after-q3-fy2026-results\/","title":{"rendered":"Shakti Pumps India Shares Fall After Q3 FY2026 Results"},"content":{"rendered":"\n

Shakti Pumps (India) Limited<\/strong> (NSE: SHAKTIPUMP<\/strong>, BSE: 531431<\/strong>) shares closed at INR 3,023.90<\/strong> on Monday, representing an intraday decline of 3.80%<\/strong>. The stock opened the session at INR 3,100.00 and reached a high of INR 3,127.00 before settling lower following the release of its quarterly financial statements.<\/p>\n\n\n\n

Market Capitalization<\/strong><\/h2>\n\n\n\n

As of today’s market close, the market capitalization of Shakti Pumps (India) Limited stands at INR 7,902 crore<\/strong>.<\/p>\n\n\n\n

Latest Quarterly Results<\/strong><\/h2>\n\n\n\n

For the quarter ended December 31, 2025 (Q3 FY26), Shakti Pumps reported a consolidated revenue from operations of INR 550.99 crore<\/strong>, a decrease of 15.07%<\/strong> compared to INR 648.77 crore in the same period last year. Consolidated net profit for the quarter stood at INR 31.70 crore<\/strong>, down 69.53%<\/strong> from INR 104.05 crore in Q3 FY25.<\/p>\n\n\n\n

Earnings before interest, taxes, depreciation, and amortization (EBITDA) was reported at INR 59 crore<\/strong>, a decline of 61.78%<\/strong> year-over-year. The EBITDA margin contracted to 10.7%<\/strong> from 23.8% in the previous year’s third quarter.<\/p>\n\n\n\n

Segment Highlights:<\/strong><\/h2>\n\n\n\n
    \n
  • Domestic Operations:<\/strong> Revenue declined by 16.2% year-over-year, impacted by a calibrated slowdown in execution in Maharashtra to address receivable levels.<\/li>\n\n\n\n
  • Export Operations:<\/strong> Overseas subsidiaries recorded a growth of 40.5% in revenue during the quarter.<\/li>\n\n\n\n
  • Solar Solutions:<\/strong> The company maintained a focus on the PM-KUSUM scheme, though realization on certain state orders declined by 4%.<\/li>\n<\/ul>\n\n\n\n
    \n\n\n\n

    FINANCIAL TRENDS<\/strong><\/h2>\n\n\n\n
    \"\"<\/figure>\n\n\n\n
    \"\"<\/figure>\n\n\n\n
    \n\n\n\n

    Nine-Month Overview<\/strong><\/h2>\n\n\n\n

    For the nine-month period ended December 31, 2025, Shakti Pumps reported a directional trend of revenue growth compared to the corresponding period in FY25. However, the third quarter marked a period of contraction in profit margins and absolute net profit. Total nine-month net profit remains higher than the prior year’s nine-month total due to performance in the first half of the fiscal year.<\/p>\n\n\n\n

    Business & Operations Update<\/strong><\/h2>\n\n\n\n

    Shakti Pumps received several domestic work orders under the PM-KUSUM scheme during the quarter. This includes a contract from the Haryana Renewable Energy Department (HAREDA) for 792 solar water pumping systems valued at INR 23.54 crore. Additionally, the company secured orders from Madhya Pradesh Urja Vikas Nigam Limited totaling approximately INR 237 crore for over 6,700 solar pumping systems. The board also approved the appointment of a new independent director during the February 13 meeting.<\/p>\n\n\n\n

    M&A or Strategic Moves<\/strong><\/h2>\n\n\n\n

    On January 16, 2026, Shakti Pumps announced an investment of INR 75 crore<\/strong> in its wholly-owned subsidiary, Shakti Energy Solutions Limited<\/strong>. The capital is designated for the expansion of solar manufacturing capabilities, including solar structures and DCR cells. In January, the company also secured its maiden order from Karnataka Renewable Energy Development Limited (KREDL) valued at INR 654.03 crore<\/strong> for 16,780 solar pumping systems.<\/p>\n\n\n\n

    Q&A Focal Points<\/strong><\/h2>\n\n\n\n

    During the earnings conference call on February 14, management addressed the receivable management strategy<\/strong> in Maharashtra, confirming that execution was intentionally slowed to stabilize collections. Questions also focused on the 4% decline in realizations<\/strong> from the “Magel Tyala” orders and the impact of rising raw material costs, specifically copper and steel. Management detailed a one-time INR 4.4 crore impact<\/strong> on employee expenses related to the new labour code and confirmed that execution in Karnataka would be strictly aligned with payment timelines.<\/p>\n\n\n\n

    Guidance & Outlook<\/strong><\/h2>\n\n\n\n

    Management identified Q4 FY26<\/strong> as a period to watch for potential record revenue volumes, citing fund releases from the Asian Infrastructure Investment Bank (AIIB) for Maharashtra projects. Market participants are monitoring the execution of the INR 2,100 crore order book<\/strong> and the stabilization of EBITDA margins, which remain pressured by cost inflation and lower realizations.<\/p>\n\n\n\n

    Performance Summary<\/strong> <\/h2>\n\n\n\n

    Shakti Pumps stock fell 3.80%<\/strong> today to close at INR 3,023.90. The company reported a 69.53% decline in quarterly net profit<\/strong> and a 15.07% drop in revenue<\/strong>. While domestic execution slowed to manage balance sheet health, the export segment grew by 40.5%. The company continues to operate with a diversified order book exceeding INR 2,100 crore.<\/p>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Shakti Pumps (India) Limited (NSE: SHAKTIPUMP, BSE: 531431) shares closed at INR 3,023.90 on Monday, representing an intraday decline of 3.80%. The stock opened the session at INR 3,100.00 and reached a high of INR 3,127.00 before settling lower following the release of its quarterly financial statements. Market Capitalization As of today’s market close, the […]<\/p>\n","protected":false},"author":2392,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941,392,5753],"tags":[10169,14492,10271],"class_list":["post-180841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-earnings","category-industrials","tag-earnings","tag-financial-results","tag-shaktipump"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":158087,"url":"https:\/\/alphastreet.com\/india\/shakti-pumps-india-limited-q3-fy24-earnings-conference-call-insights\/","url_meta":{"origin":180841,"position":0},"title":"Shakti Pumps (India) Limited Q3 FY24 Earnings Conference Call Insights","author":"Praveen","date":"January 29, 2024","format":false,"excerpt":"Key highlights from Shakti Pumps (India) Limited (SHAKTIPUMP) Q3 FY24 Earnings Concall Financial Performance Quarterly revenue was the highest ever at INR495.6 crores, up 57.7% from INR314.2 crores in Q3 FY23. Strong export business with revenue of INR62.2 crores. EBITDA for the quarter was INR71 crores against INR21.9 crores in\u2026","rel":"","context":"In "Concall Highlights"","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":178365,"url":"https:\/\/alphastreet.com\/india\/swiggy-ltd-shares-close-at-inr-324-05-following-q3-fy26-earnings-disclosure\/","url_meta":{"origin":180841,"position":1},"title":"Swiggy Ltd Shares Close at INR 324.05 Following Q3 FY26 Earnings Disclosure","author":"Staff Correspondent","date":"January 29, 2026","format":false,"excerpt":"Swiggy Ltd (SWIGGY) shares traded at INR 324.05 on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) during today\u2019s session, representing a 0.17% increase from the previous close of INR 323.50. The stock reached an intraday high of INR 330.50 and a low of INR 321.65. Total traded\u2026","rel":"","context":"In "Retail"","block_context":{"text":"Retail","link":"https:\/\/alphastreet.com\/india\/category\/retail-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":178955,"url":"https:\/\/alphastreet.com\/india\/dev-accelerator-shares-decline-3-33-following-q3-financial-disclosure\/","url_meta":{"origin":180841,"position":2},"title":"Dev Accelerator shares decline 3.33% following Q3 financial disclosure","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"Dev Accelerator Ltd (NSE: DEVX) shares ended at INR 37.21 on Monday, February 2, 2026, representing an intraday decrease of 3.33%. The stock reached a session high of INR 39.16 and a low of INR 36.42, closing INR 1.28 lower than the previous close on the National Stock Exchange. Market\u2026","rel":"","context":"In "Realty"","block_context":{"text":"Realty","link":"https:\/\/alphastreet.com\/india\/category\/realty\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":157706,"url":"https:\/\/alphastreet.com\/india\/shakti-pumps-india-ltd-q2fy24-208-rise-in-profits\/","url_meta":{"origin":180841,"position":3},"title":"Shakti Pumps (India) Ltd Q2FY24; 208% rise in Profits","author":"Chirag Gupta","date":"January 16, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-35.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157709,"url":"https:\/\/alphastreet.com\/india\/shakti-pumps-india-ltd-q1fy24-89-fall-in-profits\/","url_meta":{"origin":180841,"position":4},"title":"Shakti Pumps (India) Ltd Q1FY24; 89% fall in Profits","author":"Chirag Gupta","date":"January 16, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In "Agricultural Products"","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-36.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":181265,"url":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-reports-higher-quarterly-income-and-profit-for-q3-fy26\/","url_meta":{"origin":180841,"position":5},"title":"Rathi Steel And Power reports higher quarterly income and profit for Q3 FY26","author":"Staff Correspondent","date":"February 18, 2026","format":false,"excerpt":"Rathi Steel And Power Ltd (BSE: 504903) shares ended lower on Wednesday, following the disclosure of its third-quarter financial results. The stock closed at 22.15, a decline of 0.09% from the previous session's close. Market Capitalization The market capitalization of Rathi Steel And Power Ltd stood at INR 191.29 crore\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2392"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=180841"}],"version-history":[{"count":3,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180841\/revisions"}],"predecessor-version":[{"id":180846,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/180841\/revisions\/180846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=180841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=180841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=180841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}