Shakti Pumps (India) Ltd (BOM:531431)
₹ 520.05 -3.85 (-0.73%) Market Cap: 64.17 Bil Enterprise Value: 62.39 Bil PE Ratio: 30.16 PB Ratio: 3.75 GF Score: 85/100

Q2 2026 Shakti Pumps (India) Ltd Earnings Call Transcript

Nov 10, 2025 / 08:30 AM GMT
Release Date Price: ₹734.3 (-7.98%)

Key Points

Positve
  • Shakti Pumps (India) Ltd (BOM:531431) reported its highest ever quarterly revenue of INR 666 crore, marking a 5% year-on-year growth.
  • The solar pumps business showed significant growth with 39,861 installations in H1 and 22,304 in Q2, growing by 19% and 21% respectively.
  • Retail sales surged by 67% year-on-year to INR 43 crore, supported by over 100 exclusive outlets nationwide.
  • The company received an ESG rating of 75 from ICRA and was recognized as the best strategy organization of the year and best employer.
  • Shakti Pumps (India) Ltd (BOM:531431) is expanding its solar rooftop segment into new states, leveraging government initiatives, and has set up 57 channel partners.
Negative
  • Receivables were impacted by extended monsoon and RMS linked collection cycles, with 20% of receivables more than 6 months overdue.
  • EBITDA margins were affected by a 3-4% increase in prices of key raw materials such as copper, steel, and solar panels.
  • The company faces pricing pressure in certain schemes, affecting realizations and margins.
  • There is uncertainty regarding the sustainability of the 20-21% EBITDA margin due to volatile raw material prices.
  • The company has a significant portion of its revenue dependent on government schemes, which may face delays or changes.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SHPU.NS - Shakti Pumps (India) Ltd
Q2 2026 Shakti Pumps (India) Ltd Earnings Call
Nov 10, 2025 / 08:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Q2 and H1F526 earnings conference call hosted by Shakti Pumps India Limited. As a reminder, all the participants' lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone telephone.

Please note that this conference has been recorded. I now hand the conference over to Mr. Vikas Verma from Ernest and Young Limited Liability Partnership.

Thank you and over to you, sir.

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