The shares of this pump and motor manufacturer surged by approximately 7 percent after the company announced that it had secured an order worth Rs 347 crore. In this article, we will discuss more about the details.
With a market capitalization of Rs 10,888 crores, the shares of Shakti Pumps (India) Ltd made a day high of Rs 914.95 per share, up by 7 percent from its previous day closing price of Rs 858.35 per share. Over the past five years, the stock has delivered a robust return of 2,790 percent.
About the order
On Monday, Shakti Pumps, through a stock exchange filing, announced that it has secured the second tranche of its empanelment with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of off-grid solar water pumps.
Empanelment is the process of officially listing and selecting individuals or organizations (like vendors, suppliers, or service providers) to be approved for work or service, often based on meeting specific standards or criteria. Here, Shakti Pumps has been approved to deliver and install 34,720 solar water pumps for farmers in Maharashtra.
After the first tranche of 10,000 pumps, which went completely booked in August 2025, the second tranche of 12,451 pumps has also been fully selected by farmers across Maharashtra, valued at Rs 347.41 crore.
The two tranches combined amount to Rs 616.30 crore (including GST) for 22,451 pumps, indicating a high demand for the technology and services of Shakti Pumps. Shakti Kisan continues to be engaged in the task of achieving full paneling for 34,720 pumps under the PM KUSUM B scheme. As of March 2025, the company has a total order book of Rs 1,654.6 crore.
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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 26.52x as compared to its industry average of 43.35x.
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.
Written by Satyajeet Mukherjee
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