Shakti Pumps (India) Ltd is primarily engaged in manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications such as irrigation, horticulture, domestic water supply, commercial and industrial applications. Shakti Pumps (India) Limited was incorporated in 1982 and is headquartered in Pithampur, India. Its brand "Shakti" is well received in the domestic and international markets.
The company has established itself as a premier manufacturer of energy-efficient pumps and solar solutions in India. The company's products are used for agriculture, irrigation, waste and sewage water treatments, firefighting, building services, oil and gas, power, metals, mining, and other industrial applications. It exports a range of pumping products to over 100 countries globally.
As of the latest available data, Shakti Pumps has a market capitalisation of ₹11,263 crore (up 24.5% in 1 year) and holds a significant position in the industrial machinery sector. The company maintains a promoter holding of 51.6%, indicating strong management confidence.
The company has demonstrated impressive financial growth in recent years. The company's consolidated net profit jumped 22.9% to Rs 110.23 crore while revenue from operations rose 9.2% to Rs 665.32 crore in Q4 March 2025 over Q4 March 2024. Revenue is up for the last 4 quarters, 570.52 Cr → 669.76 Cr (in ₹), with an average increase of 5.1% per quarter while net profit is up for the last 8 quarters, 1.0 Cr → 110.23 Cr (in ₹), with an average increase of 34.2% per quarter.
Shakti Pumps offers a comprehensive range of products across multiple categories:
Pumps: Submersible pumps, Solar pumps, Vertical multistage centrifugal pumps, Mono end suction pumps, Pressure booster pumps, wastewater pumps, open well pumps, etc.
Motors: Submersible motors, EV motors, surface motors, etc.
Controllers: Universal solar pump controller, Shakti solar drive, Shakti elite soft starter, hybrid controllers, etc.
Other Products: Mechanical seal, Hydro pneumatic PLC parameter setting manuals, solar structures, etc.
The company has also diversified into electric vehicle components. In addition, the company engages in the manufacture and sale of EV motors, controllers, chargers, and variable frequency drives for two- and three-wheeler vehicles.
In a significant development, Shakti Pumps (India) has successfully concluded its qualified institutions placement (QIP), raising approximately Rs 292.60 crore by allotting over 31.87 lakh equity shares. The QIP issue was priced at Rs 918.00 per share, a 4.97% discount to the Sebi floor price of Rs 965.96 and was closed on July 4, 2025.
The proceeds from the QIP will be utilized for establishing a greenfield high efficiency solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, through its subsidiary, Shakti Energy Solutions, with a production capacity of 2.20 GW. The in-house manufacturing of solar DCR cells will enhance backward integration and allow greater control over the entire value chain, thereby benefitting the company.
The company has secured significant orders under government schemes. Shakti Pumps (India) Ltd has received a Rs 122 crore work order from HAREDA under the PM-KUSUM scheme for supplying and installing 3,511 solar water pumps, enhancing agricultural infrastructure. Additionally, The order involves the supply, installation, testing, and commissioning of 4500 off-grid solar photovoltaic water pumping systems (SPWPS) at various locations across the state of Maharashtra. This project falls under Component-B of the PM-KUSUM scheme. The total value of the work order is approximately Rs 114.58 crore and the project is expected to be executed within 90 days from the date of issue of the work order.
The company's unit was set up as a small scale unit in 1982 at Pithampur, Madhya Pradesh, to manufacture submersible pumps with an installed capacity of 1500 pumps p.a. The unit received ISI mark for its products in 1991. In 1995 it underwent an expansion programme increasing the capacity of pumps to 10,000 per annum and that of control panels to 8,000 per annum, and started to produce monoblock pumps of an installed capacity of 10,000 per annum.
The company achieved several milestones over the years. Shakti also obtained the ISO 9002 Certification in 1998 and became the exclusive manufacturer of motor pump sets purely of stainless steel in the nation in 1999. The Solar Pumping Solutions was launched in 2013.
Key financial metrics as of the most recent quarter:
- Revenue: ₹665.32 crore (Q4 FY25)
- Net Profit: ₹110.23 crore (Q4 FY25)
- Listing date: 25 Oct, 2011
- Chairperson Name: Dinesh Patidar
The company has shown exceptional stock performance with Shakti Pumps (India) Ltd has given a return of 113.04% in the last 3 years. This strong performance reflects the company's strategic positioning in the growing renewable energy and water management sectors.
Shakti Pumps continues to strengthen its market position through strategic investments in solar technology, expansion of manufacturing capabilities, and securing significant government contracts, positioning itself as a key player in India's transition towards sustainable energy solutions.
