The shares of this pump and motor manufacturer surged by approximately 5 percent after the company announced that it had secured an order worth Rs 115 crore. In this article, we will discuss more about the details.
With a market capitalization of Rs 12,007 crores, the shares of Shakti Pumps (India) Ltd are currently trading at Rs 999 per share, down by 28.54 percent from its 52-week high of Rs 1,398 per share. Over the past five years, the stock has delivered a robust return of 3,065 percent.
On Thursday, the company revealed in a stock exchange filing that it had received an order worth Rs 114.58 crore (with GST included) for supplying and installing 4,500 Off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) for the State of Maharashtra. This project is part of Component B of the PM-KUSUM scheme and was ordered by the Maharashtra Energy Department Agency (MEDA).
The work consists of the design, manufacture, supply, transport, installation, testing, and commissioning of these units. Complete project completion is 90 days from the date of the work order. As of March 2025, the company has a total order book of Rs 1,654.6 crore.
Also read: Multibagger defence stock with ₹1,000 Cr revenue growth guidance to add to your watchlist
Financial Highlights
The company reported a revenue of Rs 2,516 crore in FY25, up by 83.51 percent from its FY24 revenue of Rs 1,371 crore. Coming to its profitability, the company reported a robust net profit growth of 187 percent to Rs 408 crore in FY25 from Rs 142 crore in FY24.
The stock delivered a superior ROE and ROCE of 42.61 percent and 55.31 percent and is currently trading at a P/E of 29.40x as compared to its industry average of 45.75x.
Shakti Pumps (India) Ltd makes a wide variety of pumps and motors for agriculture, water treatment, and industrial purposes. It makes submersible, solar, booster, and sewage pumps, as well as related electronics, including controllers and inverters. The company also offers IoT devices and mechanical parts. It recently entered the EV segment with motors, controllers, and chargers designed for two- and three-wheelers.
Inshorts
Shakti Pumps (India) Ltd jumped 5% intraday after announcing a Rs 114.58 crore order under the PM-KUSUM scheme. The project involves supplying and installing 4,500 off-grid solar water pumping systems in Maharashtra within 90 days. As of March 2025, the company has a robust order book of Rs 1,654.6 crore.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
