04-08-2025
Shakti Pumps India shares tumble nearly 8% post Q1 results
Despite reporting a 4.5% rise in net profit to Rs 96.8 crore in Q1FY26, Shakti Pumps India's shares fell nearly 8%. Revenue grew by 9.7% to Rs 622.5 crore, and EBITDA increased by 5.7%. The company is investing in a solar cell manufacturing plant and boasts a strong order book of approximately Rs 1,350 crore.
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Shares of Shakti Pumps India declined nearly 8% to Rs 865 on the BSE, despite the company reporting a 4.5% year-on-year rise in net profit to Rs 96.8 crore in Q1FY26, up from Rs 92.7 crore in for the quarter stood at Rs 143.6 crore, a 5.7% increase from Rs 135.9 crore in the same period last year, with the EBITDA margin at 23.1%.Revenue from operations rose 9.7% year-on-year to Rs 622.5 crore in Q1FY26, compared to Rs 567.6 crore in to the filing with the exchange, the company invested Rs 12 crore in its wholly owned subsidiary Shakti Energy Solutions Limited for establishing a greenfield high-efficiency solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.2 company's long-term and short-term credit ratings were upgraded to IND AA-/Stable and IND A1+, respectively, by India Ratings & Research Pvt. Ltd.'We are pleased to report a strong start to FY26, reflecting the strength of our diversified business model. Our performance this quarter was driven by robust execution in the solar pump segment , consistent export momentum, and strategic investments in capacity and technology,' Dinesh Patidar, Chairman at Shakti Pumps (India) said.'We successfully raised Rs. 2,926 Mn through a QIP, which will partially fund our solar DCR cell and solar PV module manufacturing project. The balance will be financed through internal accruals and debt. Looking ahead, we remain committed to delivering 25–30% revenue growth in FY26 and sustaining this trajectory over the next 3–4 years. Our strategic focus on clean energy, backed by operational discipline and a strong order pipeline, positions us well for long-term value creation,' Patidar of August 1, 2025, the order book of the company stood at approximately Rs 1,350 crore, supported by steady inflows and active participation in tenders across states like Maharashtra, Madhya Pradesh, Rajasthan, Haryana, Punjab, Uttar Pradesh, Jharkhand, etc. And the company's presence in these markets, built over more than a decade, positions us well to capitalise on the growing the current calendar year so far, the shares of Shakti Pumps India have tumbled 24.64%. In the last two years, the shares soared 565%, followed by nearly 2,768% returns in the last five years.
