Shakti Pumps (India) Ltd, established in 1982, is a leading manufacturer and exporter specializing in energy-efficient pumps and motors. The company offers an extensive portfolio of over 1,200 products, including submersible pumps, solar pumps, pressure booster systems, and agricultural pumps, catering to diverse applications such as agriculture, irrigation, industrial processes, and domestic water supply. With a strong emphasis on innovation and quality, Shakti Pumps has become a trusted brand both in India and globally. The company’s products are well-received in more than 100 countries, highlighting its significant presence in the international market. Notably, Shakti Pumps has emerged as a leader in the solar pump segment in India, holding approximately 40% of the market share under the government-backed PM KUSUM scheme, which promotes solar energy solutions for agricultural and rural development.
Headquartered in Pithampur, Madhya Pradesh, Shakti Pumps operates two state-of-the-art manufacturing facilities with a combined annual production capacity of 500,000 pumps and motors. These facilities are equipped with advanced technology to ensure the production of high-quality and efficient water pumping solutions. The company’s focus on sustainable and innovative technology has positioned it as a pioneer in solar water pumps, contributing significantly to renewable energy adoption in India. Shakti Pumps’ commitment to excellence, backed by a robust distribution network and exceptional customer service, has established it as a preferred choice for energy-efficient pumping solutions in both domestic and international markets. Its flagship brand “Shakti” continues to be synonymous with reliability and performance across multiple industries.
Recent News on Shakti Pumps (India)
Shakti Pumps (India) Ltd has announced plans to raise ₹400 crore through a Qualified Institutional Placement (QIP) to fund its expansion initiatives. The funds will be utilized to boost manufacturing capacity and invest in advanced technologies, supporting the company’s growth in energy-efficient and solar pumping solutions for domestic and global markets.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 56.22% | 51.57% | 51.57% | 51.57% | 51.57% |
| FIIs + | 0.49% | 0.77% | 2.32% | 3.36% | 3.16% |
| DIIs + | 0.31% | 8.68% | 6.85% | 6.79% | 5.27% |
| Public + | 43.00% | 38.96% | 39.25% | 38.27% | 39.99% |
| No. of Shareholders | 47,502 | 52,943 | 70,190 | 96,955 | 1,53,361 |
The shareholding pattern of Shakti Pumps (India) has experienced notable shifts throughout 2023 and 2024. Promoters’ holdings decreased from 56.22% in December 2023 to 51.57% by March 2024, maintaining this level through the year. Foreign Institutional Investors (FIIs) increased their stake from 0.49% in December 2023 to a peak of 3.36% in September 2024, slightly settling at 3.16% by December 2024. Domestic Institutional Investors (DIIs) held a significant 8.68% in March 2024 but reduced their stake to 5.27% by the end of the year. Meanwhile, public holdings fluctuated, beginning at 43.00% in December 2023, decreasing to 38.27% by September 2024, and rising again to 39.99% in December 2024. The number of shareholders grew dramatically, from 47,502 in December 2023 to 1,53,361 by December 2024, reflecting increasing investor interest in Shakti Pumps (India).
Below are the trading platforms that you can use to purchase Shakti Pumps (India) shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2025 | 1,152.79 | 886.76 |
| February 2025 | 1,164.43 | 895.72 |
| March 2025 | 1,188.89 | 914.53 |
| April 2025 | 1,177.12 | 905.47 |
| May 2025 | 1,142.83 | 879.10 |
| June 2025 | 1,194.26 | 918.66 |
| July 2025 | 1,170.84 | 900.65 |
| August 2025 | 1,207.05 | 928.50 |
| September 2025 | 1,221.54 | 939.64 |
| October 2025 | 1,253.30 | 964.07 |
| November 2025 | 1,284.63 | 988.18 |
| December 2025 | 1,342.44 | 1,032.64 |
As we move through 2025, Shakti Pumps (India) is expected to exhibit consistent price growth. In January, the maximum price is projected to reach ₹1,152.79, with a minimum of ₹886.76. By December, this upward trend is anticipated to culminate in a maximum price of ₹1,342.44 and a minimum of ₹1,032.64.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,382.71 | 1,063.62 |
| February 2026 | 1,348.14 | 1,037.03 |
| March 2026 | 1,375.11 | 1,057.77 |
| April 2026 | 1,403.17 | 1,079.36 |
| May 2026 | 1,389.28 | 1,068.67 |
| June 2026 | 1,424.01 | 1,095.39 |
| July 2026 | 1,396.09 | 1,073.91 |
| August 2026 | 1,439.26 | 1,107.13 |
| September 2026 | 1,468.05 | 1,129.27 |
| October 2026 | 1,506.22 | 1,158.63 |
| November 2026 | 1,543.87 | 1,187.60 |
| December 2026 | 1,582.47 | 1,217.29 |
As we step into 2026, Shakti Pumps (India) is expected to showcase strong price momentum. In January, the maximum price is projected to reach ₹1,382.71, with a minimum of ₹1,063.62. By December, this growth trajectory is anticipated to culminate in a maximum price of ₹1,582.47 and a minimum of ₹1,217.29.
| When | Maximum Price | Minimum Price |
| January 2027 | 1,598.30 | 1,229.46 |
| February 2027 | 1,639.28 | 1,260.98 |
| March 2027 | 1,703.21 | 1,310.16 |
| April 2027 | 1,669.81 | 1,284.47 |
| May 2027 | 1,621.18 | 1,247.06 |
| June 2027 | 1,694.13 | 1,303.18 |
| July 2027 | 1,660.91 | 1,277.63 |
| August 2027 | 1,712.28 | 1,317.14 |
| September 2027 | 1,772.21 | 1,363.24 |
| October 2027 | 1,818.29 | 1,398.68 |
| November 2027 | 1,863.75 | 1,433.65 |
| December 2027 | 1,910.34 | 1,469.49 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,948.55 | 1,498.88 |
| February 2028 | 1,998.51 | 1,537.32 |
| March 2028 | 2,076.45 | 1,597.27 |
| April 2028 | 2,035.74 | 1,565.95 |
| May 2028 | 1,976.44 | 1,520.34 |
| June 2028 | 2,065.38 | 1,588.76 |
| July 2028 | 2,024.89 | 1,557.60 |
| August 2028 | 2,087.51 | 1,605.78 |
| September 2028 | 2,160.57 | 1,661.98 |
| October 2028 | 2,216.75 | 1,705.19 |
| November 2028 | 2,272.17 | 1,747.82 |
| December 2028 | 2,328.97 | 1,791.52 |
| When | Maximum Price | Minimum Price |
| January 2029 | 2,375.55 | 1,827.35 |
| February 2029 | 2,436.46 | 1,874.20 |
| March 2029 | 2,531.48 | 1,947.30 |
| April 2029 | 2,481.85 | 1,909.11 |
| May 2029 | 2,409.56 | 1,853.51 |
| June 2029 | 2,517.99 | 1,936.92 |
| July 2029 | 2,468.62 | 1,898.94 |
| August 2029 | 2,544.97 | 1,957.67 |
| September 2029 | 2,634.04 | 2,026.19 |
| October 2029 | 2,702.53 | 2,078.87 |
| November 2029 | 2,770.09 | 2,130.84 |
| December 2029 | 2,839.34 | 2,184.11 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,896.13 | 2,227.79 |
| February 2030 | 2,970.39 | 2,284.91 |
| March 2030 | 3,086.23 | 2,374.03 |
| April 2030 | 3,025.72 | 2,327.48 |
| May 2030 | 2,937.59 | 2,259.69 |
| June 2030 | 3,069.78 | 2,361.37 |
| July 2030 | 3,009.59 | 2,315.07 |
| August 2030 | 3,102.67 | 2,386.67 |
| September 2030 | 3,211.27 | 2,470.20 |
| October 2030 | 3,294.76 | 2,534.43 |
| November 2030 | 3,377.13 | 2,597.79 |
| December 2030 | 3,461.56 | 2,662.74 |
As we progress through 2030, Shakti Pumps (India) is anticipated to display strong stock performance. In January, the maximum price is expected to reach ₹2,896.13, with a minimum of ₹2,227.79. By December, the stock price is projected to climb further, with a maximum of ₹3,461.56 and a minimum of ₹2,662.74.
Financial Condition of Shakti Pumps (India)
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 383 | 930 | 1,179 | 968 | 1,371 | 2,307 |
| Expenses + | 371 | 788 | 1,068 | 901 | 1,146 | 1,821 |
| Operating Profit | 12 | 142 | 110 | 67 | 225 | 486 |
| OPM % | 3% | 15% | 9% | 7% | 16% | 21% |
| Other Income + | 4 | 4 | 6 | 3 | 4 | 11 |
| Interest | 21 | 16 | 16 | 19 | 19 | 32 |
| Depreciation | 17 | 18 | 19 | 18 | 19 | 19 |
| Profit before tax | -22 | 111 | 82 | 32 | 190 | 446 |
| Tax % | -35% | 32% | 21% | 25% | 25% | |
| Net Profit + | -14 | 76 | 65 | 24 | 142 | 329 |
| EPS in Rs | -1.28 | 6.85 | 5.88 | 2.19 | 11.79 | 27.71 |
| Dividend Payout % | 0% | 19% | 6% | 15% | 6% |
The financial performance of Shakti Pumps (India) demonstrates a remarkable trajectory of growth and efficiency from March 2020 to the trailing twelve months (TTM). The company’s sales surged significantly from ₹383 crore in March 2020 to ₹2,307 crore in TTM, reflecting its robust market expansion and the increasing demand for its energy-efficient pumps and motors. This growth is indicative of the company’s strategic focus on catering to diverse markets, both domestically and internationally. Simultaneously, operating profit improved considerably, growing from ₹12 crore in March 2020 to ₹486 crore in TTM, supported by a rising operating profit margin (OPM), which increased from a modest 3% to an impressive 21%. This sharp rise highlights the company’s ability to optimize its operations while controlling costs effectively.
Profitability metrics also reveal the company’s strengthening financial position. After reporting a net loss of ₹14 crore in March 2020, Shakti Pumps (India) turned around its performance to achieve a net profit of ₹329 crore in TTM. This recovery was driven by efficient cost management and rising revenues, resulting in a significant improvement in earnings per share (EPS), which climbed from a negative ₹1.28 to ₹27.71 during the same period. The company’s profit before tax (PBT) also saw exponential growth, reaching ₹446 crore in TTM, up from a loss of ₹22 crore in March 2020. These metrics underscore the company’s successful adaptation to market challenges and its commitment to value creation for shareholders.
Additionally, Shakti Pumps (India) has balanced its reinvestment strategies with dividend payouts, maintaining a selective approach. The dividend payout percentage fluctuated between 0% and 19% over the years, reflecting the company’s prioritization of long-term growth while rewarding shareholders periodically.
FAQs
What is Shakti Pumps (India) current market capitalization?
Shakti Pumps (India) current market capitalization stands at ₹13,456 Cr.
The share price forecast for Shakti Pumps (India). in 2025 is expected to range between ₹1,342.44 at the upper end and ₹879.10 at the lower end
The share price forecast for Shakti Pumps (India). in 2030 suggests a potential range between ₹3,461.56 at its highest and ₹2,227.79 at its lowest.
What is Shakti Pumps (India) current Price/Earnings (PE) ratio?
The stock’s Price/Earnings (PE) ratio is currently 41.0.
What is the face value of Shakti Pumps (India) stock?
The face value of Shakti Pumps (India) stock is ₹10.0.
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Conclusion
In conclusion, Shakti Pumps (India) Ltd has showcased remarkable growth, driven by its solar pumping solutions and efficient operations. With significant revenue growth, improved profit margins, and strategic expansion plans, the company is well-positioned to capitalize on the increasing demand for renewable energy solutions. Recently, the company gained attention for securing notable government orders under PM-KUSUM, further bolstering its market presence and showcasing its commitment to sustainable development.
What did we learn?
