Shakti Pumps (India) Ltd
Shakti Pumps (India) Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
The company targets a revenue of INR 5,000 crores by FY28 through capacity expansion, backward integration, diversification, and export growth. Both export and domestic retail businesses are growing above 25% annually, expected to maintain this trajectory.
From Shakti Pumps (India) Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company targets a revenue of INR 5,000 crores by FY28 through capacity expansion, backward integration, diversification, and export growth.
- Both export and domestic retail businesses are growing above 25% and are expected to maintain this trajectory.
- The solar rooftop business is expanding its dealer network and, with the commissioning of the 500 MW DCR module capacity in Q1 FY27, is expected to contribute meaningfully.
- The pump division is currently operating at 60% capacity, with 40% additional capacity available to support growth.
- Execution momentum is expected to improve significantly in Q4 FY26, potentially making it the highest revenue quarter ever.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Shakti Pumps (India) Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Shakti Pumps is undertaking a major capex of approximately INR 1200 crores to install a solar plant.
- The solar plant's module capacity of 0.5 gigawatts is expected to be operational by Q1 FY 2027.
- The solar cell capacity of 2.2 gigawatts is anticipated to be ready in April 2027.
- Pump capacity expansion will be completed by August 2026.
- This backward integration via the solar plant aims to increase margins by about 3% and improve supply timings.
- The new solar plant will also reduce working capital requirements by about 50%, especially on LC-backed raw material procurement.
- The capex investment will be partly debt-funded with a planned term loan of INR 400-500 crores.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Shakti Pumps (India) Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at around INR 2,100 crores, sufficient for execution over the next two quarters.
- Some adjustments were made: Ajmer KUSUM C slow-moving project orders removed, UP orders reduced from INR 300 crores to INR 52 crores.
- New additions to the order book are expected in the coming quarters, with ongoing tenders in Maharashtra and other states.
- Execution paused temporarily on INR 200 crores worth of orders in Maharashtra last quarter due to payment delays but resumed with improved payment inflows.
- Karnataka orders represent about 37%-38% of the total order book; execution will continue cautiously based on payment clarity.
2 more points management made on order book & pipeline
Shakti Pumps (India) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹858 Cr, net profit ₹38 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Shakti Pumps's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q2 FY26 earnings call →
- Q1 FY26 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
Others in Industrial Products this season
- Graphite India Ltd (Q3 FY26)
642 Crores, up 22.8% y-o-y (Page 9) . Key concall takeaways from Graphite India Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.
- Ratnamani Metals & Tubes Ltd (Q3 FY26)
Standalone Revenue (Q3 2025-26):** ₹794.33 Crores, down from ₹1,293.53 Crores in Q3 2024-25; approximately 39% decline. Key concall takeaways from Ratnamani…
- Quadrant Future Tek Ltd (Q3 FY26)
Q3FY26 revenue from operations was ₹333 Mn, a 23.2% year-on-year (YoY) growth from ₹270 Mn in Q3FY25 (Page 31, Page 6). Key concall takeaways from Quadrant…
- Vidya Wires Ltd (Q3 FY26)
Q3 FY26 revenue from operations: ₹4,481.62 million . Key concall takeaways from Vidya Wires Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.
Frequently Asked Questions
What were Shakti Pumps (India) Ltd Q3 FY26 results?
The company targets a revenue of INR 5,000 crores by FY28 through capacity expansion, backward integration, diversification, and export growth. Both export and domestic retail businesses are growing above 25% annually, expected to maintain this trajectory.
What is Shakti Pumps (India) Ltd share price analysis?
Shakti Pumps (India) Ltd currently shows a neutral. The stock trades at a P/E of 30.1 with a market cap of ₹6,401 Cr. Investors should review the full earnings analysis for detailed insights.
Is Shakti Pumps (India) Ltd planning capital expenditure?
Shakti Pumps is undertaking a major capex of approximately INR 1200 crores to install a solar plant.
Keep Shakti Pumps (India) Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.