Shakti Pumps
Shakti Pumps Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY26 saw 86,086 solar pump installations, with a 51% YoY growth in Q4 (28,345 units). Shakti Pumps aims for consistent year-on-year revenue growth, updating quarterly on performance.
From Shakti Pumps's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY26 saw 86,086 solar pump installations, with a 51% YoY growth in Q4 (28,345 units).
- Order book stands at ~INR 1,500 crores, providing strong revenue visibility for the next two quarters.
- Anticipated policy momentum from KUSUM 2.0, expected rollout by Q2 FY27, will drive demand.
- Expansion in southern states like Karnataka underway; further execution growth expected there.
- Continued year-on-year growth guidance; no specific top-line numbers disclosed but confidence in sustained growth.
- Export growth expected with geopolitical benefits and new trade agreements, especially in Europe.
- New 0.5 GW solar module plant commissioning planned by end of Q1 FY27 to support volume and margin improvement.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Shakti Pumps said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Expanded pump capacity expected from Q2 FY27 onwards.
- 0.5 GW solar module plant to be commissioned by end of Q1 FY27, contributing to margin improvement.
- 2.2 GW solar cell capacity targeted for completion by March 2028.
- INR 70 crores already invested out of INR 114 crores CAPEX for EV motor and controller development.
- Continued R&D investments in solar pumps, power electronics (controllers, inverters, chargers), and EV motors.
- Investment in reverse engineering and vendor negotiations to improve margins.
2 more points management made on capital expenditure plans
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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 said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of May 11, 2026, the order book of Shakti Pumps stands at approximately INR 1,500 crores, providing visibility for about two quarters.
- Orders executed in Q4FY26 include around INR 704 crores from the solar business and INR 2,080 crores for the full FY26.
- Remaining execution is distributed among OEM, EV sales, domestic, and export sectors.
- Approximately INR 524 crores of the order book is from Maharashtra, with the rest from other states.
- The company expects to execute this order book over the next two quarters.
- KUSUM 2.0 orders are anticipated to start by Q2FY27 according to government announcements.
2 more points management made on order book & pipeline
Shakti Pumps — 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.
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What Shakti Pumps's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 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 →
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Frequently Asked Questions
What were Shakti Pumps Q4 FY26 results?
FY26 saw 86,086 solar pump installations, with a 51% YoY growth in Q4 (28,345 units). Shakti Pumps aims for consistent year-on-year revenue growth, updating quarterly on performance.
What is Shakti Pumps share price analysis?
Shakti Pumps currently shows a neutral. The stock trades at a P/E of 29.3 with a market cap of ₹6,214 Cr. Investors should review the full earnings analysis for detailed insights.
Is Shakti Pumps planning capital expenditure?
Expanded pump capacity expected from Q2 FY27 onwards.
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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.