Shakti Pumps (India) Ltd
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.[1]
- Market Cap ₹ 10,011 Cr.
- Current Price ₹ 810
- High / Low ₹ 1,398 / 722
- Stock P/E 25.2
- Book Value ₹ 88.3
- Dividend Yield 0.12 %
- ROCE 58.5 %
- ROE 45.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 84.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.7%
- Company's median sales growth is 26.6% of last 10 years
Cons
- Stock is trading at 9.17 times its book value
- Company has high debtors of 151 days.
- Promoter holding has decreased over last 3 years: -4.52%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 297 | 299 | 264 | 408 | 412 | 521 | 357 | 887 | 1,124 | 923 | 1,292 | 2,479 | 2,530 | |
| 252 | 252 | 243 | 349 | 342 | 447 | 355 | 766 | 1,035 | 866 | 1,109 | 1,917 | 1,965 | |
| Operating Profit | 45 | 47 | 21 | 59 | 70 | 74 | 2 | 121 | 89 | 58 | 183 | 562 | 564 |
| OPM % | 15% | 16% | 8% | 14% | 17% | 14% | 1% | 14% | 8% | 6% | 14% | 23% | 22% |
| 10 | 11 | 8 | 2 | 3 | 3 | 4 | 3 | 11 | 7 | 11 | 25 | 28 | |
| Interest | 13 | 13 | 14 | 16 | 14 | 17 | 19 | 14 | 14 | 17 | 18 | 40 | 40 |
| Depreciation | 7 | 10 | 12 | 13 | 14 | 15 | 16 | 17 | 17 | 17 | 18 | 18 | 18 |
| Profit before tax | 36 | 35 | 3 | 32 | 45 | 45 | -29 | 93 | 69 | 30 | 159 | 529 | 533 |
| Tax % | 26% | 27% | 43% | 32% | 38% | 31% | -30% | 34% | 19% | 20% | 26% | 26% | |
| 27 | 26 | 2 | 22 | 28 | 31 | -20 | 61 | 56 | 24 | 117 | 394 | 398 | |
| EPS in Rs | 2.90 | 2.56 | 0.20 | 1.98 | 2.52 | 2.85 | -1.85 | 5.55 | 5.04 | 2.17 | 9.75 | 32.75 | 33.07 |
| Dividend Payout % | 12% | 13% | 0% | 17% | 24% | 29% | 0% | 24% | 7% | 15% | 7% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 47% |
| 3 Years: | 30% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 84% |
| 3 Years: | 92% |
| TTM: | 96% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 86% |
| 3 Years: | 116% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 28% |
| 3 Years: | 31% |
| Last Year: | 45% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 20 | 120 |
| Reserves | 121 | 178 | 173 | 208 | 231 | 254 | 222 | 284 | 324 | 345 | 656 | 941 |
| 113 | 117 | 117 | 88 | 109 | 165 | 178 | 67 | 98 | 71 | 84 | 128 | |
| 62 | 60 | 59 | 104 | 91 | 104 | 86 | 256 | 363 | 230 | 599 | 658 | |
| Total Liabilities | 311 | 372 | 367 | 418 | 449 | 542 | 504 | 626 | 804 | 664 | 1,359 | 1,848 |
| 90 | 106 | 110 | 121 | 119 | 128 | 129 | 124 | 121 | 116 | 119 | 153 | |
| CWIP | 2 | 5 | 8 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 18 | 0 |
| Investments | 1 | 1 | 1 | 2 | 10 | 18 | 20 | 19 | 19 | 27 | 46 | 77 |
| 219 | 261 | 248 | 294 | 320 | 395 | 354 | 482 | 663 | 519 | 1,176 | 1,618 | |
| Total Assets | 311 | 372 | 367 | 418 | 449 | 542 | 504 | 626 | 804 | 664 | 1,359 | 1,848 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18 | -4 | 34 | 52 | 21 | -7 | 53 | 132 | 5 | 32 | 20 | 26 | |
| -29 | -26 | -18 | -19 | -21 | -34 | -35 | 2 | 0 | -11 | -45 | -171 | |
| 12 | 28 | -16 | -33 | 6 | 35 | -15 | -122 | 6 | -41 | 195 | 8 | |
| Net Cash Flow | 1 | -1 | 0 | 1 | 6 | -6 | 3 | 12 | 12 | -20 | 170 | -138 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115 | 143 | 130 | 139 | 135 | 121 | 116 | 103 | 118 | 86 | 178 | 151 |
| Inventory Days | 177 | 220 | 219 | 136 | 156 | 127 | 191 | 66 | 80 | 92 | 110 | 70 |
| Days Payable | 75 | 71 | 62 | 93 | 76 | 72 | 77 | 106 | 118 | 63 | 193 | 111 |
| Cash Conversion Cycle | 217 | 292 | 288 | 183 | 215 | 175 | 230 | 63 | 80 | 115 | 95 | 110 |
| Working Capital Days | 42 | 103 | 76 | 84 | 106 | 82 | 60 | 53 | 56 | 80 | 85 | 100 |
| ROCE % | 21% | 17% | 6% | 16% | 18% | 16% | -2% | 27% | 20% | 11% | 30% | 58% |
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval The Un-Audited Consolidated And Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025
1h - Board meeting Nov 07, 2025 to approve Q2/H1 unaudited results ended Sep 30, 2025.
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Report On Transfer Requests Of Physical Shares Re-Lodged Under The Special Window
1d - Report on physical share transfer re-lodgements July 7–Sept 30, 2025 under SEBI special window.
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Announcement under Regulation 30 (LODR)-Acquisition
17 Oct - Invested Rs25.00 Crore into subsidiary to set up 2.20GW solar DCR cell and PV modules plant in Pithampur.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015 For Assignment Of ESG Rating.
11 Oct - ICRA ESG assigned Shakti Pumps Impact Rating 75 'Good' on October 10, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Oct - Registrar confirms dematerialisation processing for quarter ended September 30, 2025 for Shakti Pumps.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Aug 2025Transcript PPT
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Jul 2025TranscriptNotesPPTREC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Oct 2024TranscriptNotesPPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT REC
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Apr 2024TranscriptNotesPPT
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Sep 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023TranscriptPPT
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Jan 2023Transcript PPT
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Nov 2022Transcript PPT
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Sep 2022TranscriptNotesPPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jul 2021TranscriptPPT
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Jun 2019TranscriptNotesPPT
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May 2017TranscriptNotesPPT
Product Offerings
A) Pumps: Submersible pumps, Solar pumps, Vertical multistage centrifugal pumps, Mono end suction pumps, Pressure booster pumps, wastewater pumps, open well pumps, etc.
B) Motors: Submersible motors, EV motors, surface motors, etc.
C) Controllers: Universal solar pump controller, Shakti solar drive, Shakti elite soft starter, hybrid controllers, etc.
D) Others: Mechanical seal, Hydro pneumatic PLC parameter setting manuals, solar structures, etc. [1]