Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Shakti Pumps (India) Limited

NSE: SHAKTIPUMPCompressors, Pumps & Diesel Engines

Share price

₹426.65

-4.64% close of 8 Oct 2026

Market cap ₹5,248 CrP/E 24.6

Business score

How strong the business is, in one number. The parts behind it are in Pro.

63

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹5,248 Cr

P/E ratio

24.6

P/B ratio

3.1

ROCE

23.6%

ROE

18.0%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹822.6552-week low ₹426.65

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Dec 2023 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Dec 2023 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 24.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 51.7×, across 5 companies. It is against its own five-year median of 24.6×, the 50th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 120%.

Profit growthPrice per ₹1 profitPer 1% growth
Shakti Pumps (India) Limited — this one120%/yr24.6×—
Cummins India Limited26%/yr53.5×₹2.1
Kirloskar Oil Engines Limited22%/yr55.0×₹2.5
Elgi Equipments Limited11%/yr39.9×₹3.6
Ksb Limited17%/yr51.7×₹3.0
Kirloskar Brothers Limited19%/yr32.9×₹1.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Compressors, Pumps & Diesel Engines), it ranks 7 of 14 on returns, 3 of 13 on growth, 7 of 14 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 23.6% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹250 crore of cash from the business but spent ₹379 crore on plant and equipment, ₹129 crore more than it made; the gap was from lenders and shareholders. But only about 50 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being waiting 68 days for its cash to waiting 91 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹5,248 Cr
Prev close
₹426.65
52w High
₹830
52w Low
₹423
Enterprise value
₹5,069 Cr
Beta
1.2
Price CAGR 1y
-44.0%
Price CAGR 3y
44.0%
Price CAGR 5y
31.0%
Price CAGR 10y
35.0%

Ratios

Return on assets
8.5%
PEG ratio
0.2
P/E ratio
24.6
P/B ratio
3.1
EV / EBITDA
14.0
Industry P/E
40.4
ROCE
23.6%
ROCE 5y average
28.2%
ROE
18.0%
Debt / Equity
0.3
Interest coverage
7.1
Dividend yield
0.2%
ROE 3y average
27.0%
ROE last year
18.0%

Annual P&L

Annual revenue
₹2,698 Cr
Annual profit
₹258 Cr
Operating margin
16.0%
Net profit margin
9.6%
EBITDA margin
15.6%
Sales growth 3y
40.7%
Sales growth 5y
23.7%
Profit growth 3y
120.0%
Profit growth 5y
28.0%
EPS
₹20.9
Sales growth TTM
14.0%
Profit growth TTM
-49.0%
Dividend payout
5.0%

Quarter P&L

Sales latest quarter
₹859 Cr
Profit latest quarter
₹52 Cr
YoY quarterly sales growth
37.9%
YoY quarterly profit growth
-46.4%
OPM latest quarter
9.7%

Balance Sheet

Book Value
₹139
Face Value
₹10.0
Total debt
₹505 Cr
Total cash
₹684 Cr
Borrowings
₹505 Cr
Reserves / Equity
12.9

Cash Flow

Operating cash flow
₹124 Cr
Free cash flow
-₹53 Cr
FCF yield
-2.1%
Net cash flow
₹382 Cr

Shareholding

Promoter holding
50.4%
FII holding
5.1%
DII holding
2.4%
Public holding
42.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Cummins India4,774.6054.31,32,3521.36609.32.53,426.017.939.5
Kirloskar Oil2,166.4055.431,5350.32111.1-17.11,999.513.514.6
Elgi Equipments578.6039.518,3360.45103.327.01,062.222.622.1
KSB784.4552.113,6520.5557.2-18.8690.73.624.7
Kirl. Brothers1,672.1032.813,2780.4267.6-0.51,104.912.920.4
Ingersoll-Rand4,082.0046.912,8861.8370.519.5379.520.357.1
Kirl.Pneumatic672.4032.08,7360.9034.121.4300.310.430.3
Shakti Pumps430.6525.05,3140.2251.6-46.7858.737.923.6
Median728.4240.47,0250.4354.86.8639.619.122.9

Competes with: Cummins India Limited, Elgi Equipments Limited, Ingersoll Rand (India) Limited, Kirloskar Brothers Limited, Kirloskar Oil Engines Limited, Kirloskar Pneumatic Company Limited, Ksb Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales113153496609568635649665623666551858859
Expenses105138425479432486494501479530492775776
Material Cost397438487410609571
Change in Inventories22-42-53-182358
Purchases of Stock-in-Trade000000
Employee Cost273034413640
Other Expenses56536359107107
Operating Profit81571131136149154164144136598383
OPM %79.951421242324252320119.699.65
Other Income111136442681010
Exceptional items (within Other Income)000000
Interest345881112131013181815
Depreciation5555555567798
Profit before tax1763119126138142150130122426671
Tax %-41212825262726272525244227
Net Profit164590931011041109791323852
EPS in Rs0.090.534.107.467.718.448.669.178.067.352.573.114.18
Diluted EPS in Rs9.178.057.342.573.104.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2972644284355443839301,1799681,3712,5162,6982,934
Expenses2492443683564543717881,0689011,1461,9132,2762,573
Material Cost1,5641,944
Change in Inventories3.20-91
Purchases of Stock-in-Trade00
Employee Cost101141
Other Expenses245282
Operating Profit47206078891214211067225603422361
OPM %1681418163.20159716241612
Other Income11923444634172433
Exceptional items (within Other Income)00
Interest13141714182116161919445964
Depreciation10121314151718191819202830
Profit before tax363335460-221118232190556359301
Tax %2658353525-35322125252728
Net Profit261223545-14766524142408258212
EPS in Rs2.610.111.963.164.09-1.286.855.882.1912342117
Diluted EPS in Rs3421
Dividend Payout %13002020019615635

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
26%
5 years
24%
3 years
41%
TTM
14%

Compounded profit growth

10 years
73%
5 years
28%
3 years
120%
TTM
-49%

Stock price CAGR

10 years
35%
5 years
31%
3 years
44%
1 year
-44%

Return on equity

10 years
21%
5 years
24%
3 years
27%
Last year
18%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital17171818181818181820120123
Reserves1751702052352722473223754007361,0411,582
Borrowings11711989110178193791067585170505
Other Liabilities62601069411583251364232610642835
Minority Interest0
Total Liabilities3713664194575835416718647251,4501,9733,046
Fixed Assets106110121121140153147146147149227315
CWIP5800121112393312
Investments000000000000
Other Assets2612482983364313875227175771,2631,7142,719
Total Assets3713664194575835416718647251,4501,9743,048

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-4335320-25014117395020124
Cash from Investing Activity-25-18-17-19-44-350-8-12-61-198-286
Cash from Financing Activity28-14-33642-14-1260-4719144544
Net Cash Flow-1126-511510-20180-134382
Free Cash Flow-3313378-4832129019-10-85-53

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1249611812012111910411992178152173
Inventory Days27330216117815121274871021188090
Days Payable75699176807510211562194108129
Cash Conversion Cycle3233301892221922567691131102124134
Working Capital Days101737310592856668969611191
ROCE %185162019-0292110315524

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters565652525252525250505050
FIIs0.640.490.772.323.363.165.165.065.605.344.835.08
DIIs0.220.318.686.856.795.274.334.846.716.304.972.39
Public434339393840393837384042
No. of Shareholders45,27947,50252,94370,19096,9551,53,3611,98,9242,34,6972,39,6742,40,0212,47,9972,56,595

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -47.1% (₹806.00 → ₹426.65)Brick size ₹14.39 (fixed)Bricks 91
₹600₹800₹427Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹426.65 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

15.20

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-179inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,59,11,821inr

2026-03-31

volume growth %

57.60pct

2026-06-30

News

News and filings about Shakti Pumps (India) Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • copper
  • electrical and electronic components
  • silicon / polysilicon (solar cells)
  • silver (solar cell metallization paste)
  • solar cells / solar PV modules
  • stainless steel
  • steel

Depends on the price of

  • copper
  • silver
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Compressors, Pumps & Diesel Engines
Classification
Capital Goods › Compressors, Pumps & Diesel Engines
ISIN
INE908D01010

Business segments

  • India · 96%
  • Overseas · 4%

Plants

  • Pithampur integrated pump manufacturing facility · Pithampur, Madhya Pradesh
  • Shakti Energy Solutions greenfield solar DCR cell and PV module plant
  • Shakti Energy Solutions solar structures facility

News impact

Big market events that reach Shakti Pumps (India) Limited, and how the effect spreads.

Who it hits first

  • KSB Limited, which makes pumps and valves, won a Rs118 crore export order from Dangote Projects Free Zone for boiler feed pump packages.
  • The pumps will be used in fertilizer and energy plants, with delivery planned from September 2027 to March 2028.
  • KSB shares jumped nearly 10% on September 30 as investors cheered the win and stronger export outlook.

Who may gain

  • KSB Limited (pump and valve maker) — gets the Rs118 crore order directly and stronger export credentials in fertilizer and energy.
  • Shakti Pumps, Kirloskar Brothers and Oswal Pumps (pump makers) — benefit because the win shows healthy overseas demand for Indian pumps.
  • Elgi Equipments, Ingersoll Rand India and Kirloskar Pneumatic (compressor and equipment makers) — see only a mild lift in mood as other factory-equipment makers.

Along the supply chain

Downstream

Dangote Projects Free Zone is the end user and will install the boiler feed pumps in its fertilizer and energy plants; KSB's domestic customers NTPC Limited (power generator) and Indian Oil Corporation (oil refiner and fuel seller) get no direct benefit from this export order.

Upstream

KSB's two listed suppliers, DISAQ and INVPRECQ, provide parts and materials for its pumps, so building Rs118 crore of boiler feed pumps for September 2027 to March 2028 could modestly lift their component orders.

Where demand moves

Business

Dangote Projects Free Zone, which runs fertilizer and energy plants, needs boiler feed pumps and has asked KSB Limited to build Rs118 crore worth, lifting KSB's order book and export sales from September 2027 to March 2028.

Capital

Investors rushed to buy KSB shares on September 30, pushing the price up nearly 10%, and some buying may spill over to other pump makers like Shakti Pumps and Kirloskar Brothers; power and fuel buyers gain no new money flow from this export win.

How it spreads across sectors

Capital Goods

Positive — a Rs118 crore export pump win shows healthy overseas demand for Indian pumps and factory equipment, lifting mood for pump makers.

Chemicals

Neutral to mildly positive — fertilizer-linked equipment demand is encouraging, but chemical makers get no direct orders from this win.

Power

Neutral — power generators buy pumps but gain nothing directly from KSB's Dangote export order.

A pattern seen before

Cascade chain

Pattern name

Crude Oil Cascade

Patterns

  • Crude Oil Cascade

Sectors queried

  • Cement
  • Chemicals
  • FMCG
  • Power

When it plays out

Immediate

In the next 1 to 7 days KSB holds most of its nearly 10% jump with some profit-taking, while pump makers see mild sympathy buying.

Medium term

Over 1 to 6 months focus shifts to execution — parts buying from suppliers and progress toward September 2027 delivery — and any follow-on Dangote or fertilizer orders would extend gains.

Short term

Over 1 to 4 weeks analysts size the Rs118 crore order against KSB's order book, and peers trade on export hopes without new wins of their own.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

29 Jul 2026unspecified₹1
18 Sep 2025unspecified₹1
25 Nov 2024bonus₹0
23 Sep 2024unspecified₹4
21 Sep 2023unspecified₹2
21 Sep 2022unspecified₹2
21 Sep 2021unspecified₹8
18 Sep 2019unspecified₹5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
6 Jul 2026QE SECURITIES LLPBUY8,66,363₹600.60
6 Jul 2026QE SECURITIES LLPSELL8,23,727₹608.03
6 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL6,96,254₹606.72
6 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY6,96,254₹606.43
6 Jul 2026GRAVITON RESEARCH CAPITAL LLPBUY6,38,393₹612.85
6 Jul 2026GRAVITON RESEARCH CAPITAL LLPSELL6,38,393₹613.51
6 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY6,36,886₹606.40
6 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL6,34,844₹606.80

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
18 Sep 2026SHAKTI SONS TRUST · PromoterBUY15,0000.70
18 Sep 2026SHAKTI FUTURE TRUST · PromoterBUY10,0000.46
12 Sep 2026SHAKTI SONS TRUST · PromoterBUY12,4000.61
9 Sep 2026SHAKTI BROTHERS TRUST · PromoterBUY11,8000.56

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.