531431
Shakti Pumps India Ltd-$
BSELast Traded Price
₹493.20
-4.10 (-0.82%)
Open
₹500.00
High
₹500.00
Low
₹490.50
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₹497.30
Industry
Capital Goods
Market Cap
6,085.99 Cr
Filing History
Recent corporate announcements and filings for 531431
Governance
Negative
2026-08-29 14:31
CRITICAL RED FLAG DETECTED
- Dr. Chinmay Jain, Chief Technology Officer and Senior Management Personnel, has resigned due to personal reasons.
- His resignation is effective August 25, 2026.
- Mr. Dinesh Patidar, Chairman cum Whole-time Director, will continue to lead the company's technology, innovation, and R&D initiatives.
Business Update
Positive
2026-08-27 18:05
- Shakti Pumps (India) Limited's overall ESG Impact Rating upgraded by ICRA ESG Rating Limited from 75 to 78 on August 27, 2026.
- Improvements were noted across Environment (81), Social (80), and Governance (71) parameters.
Business Update
Positive
2026-08-20 16:07
- Shakti Pumps (India) Limited invested ₹5 Crores in its wholly-owned subsidiary, Shakti EV Mobility Private Limited.
- This investment aims to initiate and expand the subsidiary's business of manufacturing electric vehicle motors and charger controllers.
Governance
Neutral
2026-08-07 11:21
- Submission of Voting Results and Consolidated Scrutinizer's Report for the 31st Annual General Meeting (AGM) held on August 05, 2026.
- All resolutions proposed at the AGM were passed.
- Resolutions included adoption of financial statements, declaration of a final dividend of ₹1 per equity share, re-appointments of Directors, and ratification of Cost Auditor's remuneration.
Governance
Positive
2026-08-05 15:27
- 31st Annual General Meeting (AGM) of Shakti Pumps (India) Limited held on August 05, 2026, via video conferencing.
- Shareholders adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
- Approved a final dividend of ₹1/- (10%) per equity share for the financial year ended March 31, 2026.
- Re-appointments of directors including Chairman cum Whole Time Director and Managing Director were approved, along with a revision in remuneration for a Whole Time Director.
Business Update
Positive
2026-08-01 10:36
- Q1 FY27 saw strong performance with revenue growth of 37.9% YoY to INR859 crores and solar pump installations increasing by 57.6% YoY.
- Company holds a healthy order book of approximately INR1,000 crores, with execution expected over the next two quarters and additional orders anticipated from PM-KUSUM 2.0.
- Targets to become an INR5,000 crores company by FY29, driven by strategic investments and diversification into solar rooftop (recorded INR8 crores revenue in Q1 FY27) and EV motors (expected meaningful contribution from FY28).
- Committing to a total capex of INR1,500-1,700 crores by September 2027 for capacity expansion, including 0.5 GW and 2.2 GW solar cell and module facilities, which are expected to expand EBITDA margins by 3%.
- EBITDA margins were sequentially stable at 9.6% but impacted YoY by raw material costs and lower realization, with gradual improvement expected as geopolitical situations stabilize.
Business Update
Neutral
2026-07-27 17:31
- Audio recording of the conference call held on July 27, 2026, at 14:00 P.M. IST, concerning un-audited financial results for the quarter ended June 30, 2026, is available on the company's website.
- Access link: https://shaktipumps.com/wp-content/uploads/2026/07/10045017.mp3
Financials
Positive
2026-07-24 21:29
- Consolidated Revenue ₹8,587Mn vs ₹6,225Mn (▲38.0% YoY)
- EBITDA ₹829Mn vs ₹1,436Mn (▼42.3% YoY)
- PAT ₹516Mn vs ₹968Mn (▼46.7% YoY)
- EBITDA Margin 9.6% vs 23.1% (▼1350bps)
- Reported highest-ever Consolidated Revenue in Q1 FY27.
- Healthy outstanding order book of approximately ₹10,000Mn as of July 22, 2026.
- Solar Pumps business grew 51.3% YoY in revenue and 57.6% YoY in pump installations.
Financials
Negative
2026-07-24 17:50
- Consolidated Revenue ₹858.67 Cr vs ₹622.50 Cr (▲38% YoY)
- EBITDA ₹82.86 Cr vs ₹143.57 Cr (▼42% YoY)
- PAT ₹51.59 Cr vs ₹96.83 Cr (▼47% YoY)
- EBITDA Margin 9.65% vs 23.06% (▼1341bps)
Financials
Negative
2026-07-24 17:41
- Consolidated Revenue ₹858.67Cr vs ₹622.50Cr (▲38% YoY)
- EBITDA ₹82.86Cr vs ₹143.57Cr (▼42% YoY)
- PAT ₹51.59Cr vs ₹96.83Cr (▼47% YoY)
- EBITDA Margin 9.65% vs 23.06% (▼1341bps)
Business Update
Positive
2026-07-17 14:19
- Shakti Pumps (India) Limited invested ₹5,00,00,000 (₹5 Crores) in its wholly-owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 50,00,000 equity shares.
- The subsidiary manufactures electric vehicle motors and charger controllers.
- The consolidated investment in the subsidiary now stands at ₹70,00,00,000 (₹70 Crores) after this subscription.
- The investment aims to initiate and expand the subsidiary's business.
Business Update
Neutral
2026-07-17 12:23
- Concall Schedule
- Concall Date: July 27, 2026
- Concall Time: 14:00 P.M. IST
Governance
Neutral
2026-07-16 17:25
- Board meeting scheduled for July 24, 2026.
- To approve Q1 FY2026-27 (quarter ended June 30, 2026) Un-audited Standalone and Consolidated Financial Results.
- Trading window closed from July 01, 2026, until July 26, 2026.
Routine
Neutral
2026-07-14 19:29
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 19:21
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 19:11
New Filing detected. See link for details.
Governance
Neutral
2026-07-10 17:07
- The Record Date for the 31st Annual General Meeting and payment of Final dividend (if declared and approved) is Wednesday, July 29, 2026.
- The Annual General Meeting will be held on Wednesday, August 05, 2026.
Business Update
Positive
2026-07-04 14:52
- Order Win: Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited.
- Order Value: ₹353.89 Crores (inclusive of GST).
- Completition Timeline: To be executed within 60 days from the issuance of work order/NTP.
- Details: For 15,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps under Magel Tyala Saur Krushi Pump Yojana.
Routine
Neutral
2026-06-29 11:27
- Trading window closed for Designated Persons and their immediate relatives from July 1, 2026.
- It will reopen 48 hours after the declaration of the Un-audited Financial Results for the quarter ended June 30, 2026.
Ownership
Positive
2026-06-16 15:11
- Shakti Sons Trust (Promoter group) acquired 9,000 equity shares of Shakti Pumps (India) Limited via open market on June 16, 2026.
- Post-acquisition, the promoter group's holding increased from 18.35% to 18.36%.
Business Update
Positive
2026-06-12 15:00
- Shakti Pumps (India) Limited invested ₹10 Crores in its wholly-owned subsidiary, Shakti Energy Solutions Limited.
- This investment is to establish a new 2.20 GW manufacturing plant for Solar DCR cells and Solar PV modules in Pithampur, Madhya Pradesh, expanding its solar business.
Business Update
Positive
2026-06-11 17:35
- Investor/Analyst Plant Visit Scheduled
- Date: 18th June 2026
- Time: 10:00 AM – 5:00 PM
- Location: Pithampur, Madhya Pradesh
- Mode of Interaction: Physical
Business Update
Neutral
2026-06-08 15:33
- Investor Conference Schedule
- Date: 10th June 2026
- Time: 4:00 PM – 5:00 PM
- Event: "InsightX Virtual Forum" organised by Choice Institutional Equities (Virtual)
Business Update
Neutral
2026-05-25 15:31
Shakti Pumps (India) Limited will participate in the '360 One Capital Trinity India 2026' investor conference organised by 360 One Capital on May 28, 2026, from 11:00 AM to 4:00 PM in Mumbai. The company's investor presentation has been uploaded on its website.
Governance
Negative
2026-05-23 10:56
CRITICAL RED FLAG DETECTED
Shakti Pumps (India) Limited submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report noted major compliance with SEBI regulations, but highlighted a 14-day delay in submitting the Statement of Deviation(s)/Variation(s) for Q3 FY2025 (period ended September 30, 2024), with potential for future penalties. Additionally, certain related party transactions lacked prior Audit Committee approval, though these were subsequently ratified. A past ₹2 lakh SEBI penalty related to PIT Regulations in FY2024-25 was quashed by SAT on appeal.
Business Update
Positive
2026-05-15 18:26
Shakti Pumps (India) Limited reported highest-ever consolidated revenue of ₹2,698 crores for FY26, with Q4FY26 revenue at ₹858 crores, supported by a 51% YoY growth in solar pump installations. The company sustained an EBITDA margin of approximately 16% for FY26 despite margin pressures from increased raw material costs (6-7% impact) and lower realizations (3-4% impact from Magel Tyala tenders) due to geopolitical situations. Cash flow from operations was ₹124 crores, and receivables reduced by ₹420 crores in Q4, strengthening the balance sheet. Management expects KUSUM 2.0 to roll out by Q1FY27 and an order book of ₹1,500 crores provides revenue visibility for the next two quarters. The commissioning of the 0.5 GW solar panel plant by Q1FY27 is expected to boost margins, with the solar rooftop business targeting 15% EBITDA margins. The company is also pursuing EV motor and controller development, with results expected in 6-12 months, and anticipates overall margin improvement as raw material prices normalize.
Business Update
Neutral
2026-05-11 16:57
Shakti Pumps (India) Limited announced the availability of the audio recording of its conference call held on May 11, 2026, at 2:00 PM IST. The call discussed the audited financial results for the quarter and financial year ended March 31, 2026. The recording can be accessed through the link provided in the filing.
Financials
Positive
2026-05-08 00:32
Consolidated Revenue ₹857.8Cr vs ₹665.3Cr (▲28.93% YoY), EBITDA ₹83.2Cr vs ₹163.9Cr (▼49.24% YoY), PAT ₹38.3Cr vs ₹110.2Cr (▼65.24% YoY). EBITDA Margin 9.7% vs 24.6% (▼1490bps).
Governance
Neutral
2026-05-07 22:45
Shakti Pumps (India) Limited's Board of Directors, in a meeting on May 7, 2026, approved the appointment of M/s. M.P. Turakhia & Associates as the Cost Auditor for the Financial Year 2026-27. This appointment follows the Audit Committee's recommendation and awaits shareholders' approval at the forthcoming Annual General Meeting (AGM).
Governance
Positive
2026-05-07 22:42
The Board of Shakti Pumps (India) Limited approved the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director, each for a further term of three years, commencing May 07, 2026. The re-appointments are subject to the approval of shareholders at the ensuing Annual General Meeting.
Financials
Positive
2026-05-07 22:32
The Board of Directors of Shakti Pumps (India) Limited approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of Rs. 1/- per Equity Share (10%) for the financial year ended March 31, 2026, subject to shareholder approval. The 31st Annual General Meeting (AGM) will be convened on August 5, 2026. Additionally, the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director, each for a three-year term, was approved.
Financials
Negative
2026-05-07 22:19
Consolidated Revenue from operations ₹857.77Cr vs ₹665.32Cr (▲28.93% YoY), EBITDA ₹83.15Cr vs ₹163.94Cr (▼49.28% YoY), PAT ₹38.33Cr vs ₹110.23Cr (▼65.23% YoY). EBITDA Margin 9.69% vs 24.64% (▼1495bps). The Board also recommended a final dividend of Rs. 1/- per Equity Share for the financial year ended March 31, 2026, and approved the re-appointment of Mr. Dinesh Patidar as Chairman cum Whole-time Director and Mr. Ramesh Patidar as Managing Director for 3 years.
Financials
Neutral
2026-05-06 14:34
Shakti Pumps (India) Limited announced an earnings conference call for its Q4 and FY2026 audited financial results. The call is scheduled for Monday, May 11, 2026, at 2:00 PM IST, to discuss the results for the quarter and financial year ended March 31, 2026.
Governance
Neutral
2026-05-04 18:51
Shakti Pumps (India) Limited announced that its Board of Directors will meet on May 07, 2026, to consider and approve the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The agenda also includes recommending a final dividend and finalizing the date for the 31st Annual General Meeting. The trading window is closed from April 01, 2026.
Business Update
Positive
2026-04-30 11:28
Order Win: Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 6,580 Off-Grid Solar Photovoltaic Water Pumping Systems. Order Value: Rs. 155.24 Crores (inclusive of GST). Completion Timeline: Within 60 days from the issuance of work order/NTP.