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 ₹ 10,811 Cr.
- Current Price ₹ 899
- High / Low ₹ 901 / 155
- Stock P/E 32.9
- Book Value ₹ 78.4
- Dividend Yield 0.07 %
- ROCE 31.4 %
- ROE 24.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 25.7% CAGR over last 5 years
Cons
- Stock is trading at 11.5 times its book value
- Company has high debtors of 178 days.
- Promoter holding has decreased over last 3 years: -3.08%
* 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.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Pumps
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
209 | 292 | 297 | 264 | 428 | 435 | 544 | 383 | 930 | 1,179 | 968 | 1,371 | 2,307 | |
179 | 249 | 249 | 244 | 368 | 356 | 454 | 371 | 788 | 1,068 | 901 | 1,146 | 1,821 | |
Operating Profit | 30 | 43 | 47 | 20 | 60 | 78 | 89 | 12 | 142 | 110 | 67 | 225 | 486 |
OPM % | 14% | 15% | 16% | 8% | 14% | 18% | 16% | 3% | 15% | 9% | 7% | 16% | 21% |
7 | 10 | 11 | 9 | 2 | 3 | 4 | 4 | 4 | 6 | 3 | 4 | 11 | |
Interest | 12 | 13 | 13 | 14 | 17 | 14 | 18 | 21 | 16 | 16 | 19 | 19 | 32 |
Depreciation | 5 | 7 | 10 | 12 | 13 | 14 | 15 | 17 | 18 | 19 | 18 | 19 | 19 |
Profit before tax | 20 | 34 | 36 | 3 | 33 | 54 | 60 | -22 | 111 | 82 | 32 | 190 | 446 |
Tax % | 14% | 27% | 26% | 58% | 35% | 35% | 25% | -35% | 32% | 21% | 25% | 25% | |
17 | 25 | 26 | 1 | 22 | 35 | 45 | -14 | 76 | 65 | 24 | 142 | 329 | |
EPS in Rs | 1.84 | 2.73 | 2.61 | 0.11 | 1.96 | 3.16 | 4.09 | -1.28 | 6.85 | 5.88 | 2.19 | 11.79 | 27.71 |
Dividend Payout % | 9% | 12% | 13% | 0% | 0% | 20% | 20% | 0% | 19% | 6% | 15% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 20% |
3 Years: | 14% |
TTM: | 202% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 26% |
3 Years: | 23% |
TTM: | 1517% |
Stock Price CAGR | |
---|---|
10 Years: | 40% |
5 Years: | 93% |
3 Years: | 106% |
1 Year: | 443% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 20 | 20 |
Reserves | 94 | 118 | 175 | 170 | 205 | 235 | 272 | 247 | 322 | 375 | 400 | 736 | 922 |
92 | 113 | 117 | 119 | 89 | 110 | 178 | 193 | 79 | 106 | 75 | 85 | 162 | |
44 | 62 | 62 | 60 | 106 | 94 | 115 | 83 | 251 | 364 | 232 | 610 | 746 | |
Total Liabilities | 245 | 308 | 371 | 366 | 419 | 457 | 583 | 541 | 671 | 864 | 725 | 1,450 | 1,850 |
80 | 90 | 106 | 110 | 121 | 121 | 140 | 153 | 147 | 146 | 147 | 149 | 152 | |
CWIP | 0 | 2 | 5 | 8 | 0 | 0 | 12 | 1 | 1 | 1 | 2 | 39 | 50 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
165 | 217 | 261 | 248 | 298 | 336 | 431 | 387 | 522 | 717 | 577 | 1,263 | 1,648 | |
Total Assets | 245 | 308 | 371 | 366 | 419 | 457 | 583 | 541 | 671 | 864 | 725 | 1,450 | 1,850 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | 18 | -4 | 33 | 53 | 20 | -2 | 50 | 141 | 17 | 39 | 54 | |
-29 | -29 | -25 | -18 | -17 | -19 | -44 | -35 | 0 | -8 | -12 | -67 | |
-2 | 12 | 28 | -14 | -33 | 6 | 42 | -14 | -126 | 0 | -47 | 192 | |
Net Cash Flow | -2 | 1 | -1 | 1 | 2 | 6 | -5 | 1 | 15 | 10 | -20 | 180 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 105 | 105 | 124 | 96 | 118 | 120 | 121 | 119 | 104 | 119 | 92 | 178 |
Inventory Days | 255 | 207 | 273 | 302 | 161 | 178 | 151 | 212 | 74 | 87 | 102 | 118 |
Days Payable | 75 | 79 | 75 | 69 | 91 | 76 | 80 | 75 | 102 | 115 | 62 | 172 |
Cash Conversion Cycle | 284 | 233 | 323 | 330 | 189 | 222 | 192 | 256 | 76 | 91 | 131 | 123 |
Working Capital Days | 164 | 126 | 188 | 187 | 138 | 181 | 192 | 236 | 89 | 98 | 123 | 118 |
ROCE % | 17% | 21% | 18% | 5% | 16% | 20% | 19% | -0% | 29% | 21% | 10% | 31% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
1d - Investment of Rs. 4 Crore in Shakti Energy Solutions.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Dec - Received empanelment for 25,000 solar pumps worth Rs. 754.30 Crores.
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Intimation Of Receipt Of Letter Of Empanelment From Maharashtra State Electricity Distribution Company Limited For The Value Of Rs. 754.30 Crores.
11 Dec - Shakti Pumps awarded order for 25000 solar pumps.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
28 Nov - Monitoring Agency Report for QIP funds utilization.
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Statement Of Deviation(S) Or Variation(S) Under Reg. 32
28 Nov - Statement of deviation in fund utilization for QIP.
Annual reports
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Financial Year 2024
from bse
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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
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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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, Helical pumps, etc.
B) Motors - Submersible motors, Enhanced efficiency system, Surface motors, Shakti slip start the synchronous motor.
C) Controllers - Universal solar pump controller, Shakti solar drive, Shakti elite soft starter, etc.
D) Others - Mechanical seal, Hydro pneumatic PLC parameter setting manual & booster system. [1]