Shakti Pumps Share Price from Day’s Low on ₹1,300 Crore Solar Module Deal

As of February 3, 2025, Shakti Pumps (India) share price is trading at ₹924, up 1.38% for the day. The stock opened at ₹890, hit a high of ₹924, and a low of ₹865.85. The company has a market capitalisation of ₹11,090 crore, a P/E ratio of 28.12, and a dividend yield of 0.072%. 

Over the past 6 months, the stock has risen 13.75%, while in the past year, it has surged 278.10%. Over the last 5 years, Shakti Pumps has delivered an impressive return of 1,922.32%. Its 52-week high stands at ₹1,387, and the 52-week low is ₹191.50.

Reason for the Surge

The stock gained momentum after the company announced an additional tie-up for supplying DCR cell-based solar modules for FY 2025-26.

Shakti Pumps already has existing partnerships with:

• Mundra Solar PV Limited (Adani)
• Premier Energies Ltd.

Now, it has secured an additional ₹1,300 crore supply deal with ReNew Photovoltaic Private Limited. This partnership is expected to boost the company’s growth further.

Shakti Pumps Q3 FY25 Results

Water pump manufacturer Shakti Pumps (India) Ltd reported a 130.09% increase in net profit, reaching ₹104 crore in Q3 FY25, compared to ₹45.2 crore in the same period last year.

Revenue from operations rose 31% to ₹648.8 crore, up from ₹495.6 crore in Q3 FY24. EBITDA surged 117.46% to ₹154.4 crore from ₹71 crore last year. The EBITDA margin improved to 23.8%, compared to 14.3% in Q3 FY24.

About Shakti Pumps

The company also produces controllers, mechanical seals, and other key components used in various sectors like irrigation, horticulture, domestic, commercial, and industrial applications. Founded in 1982 by the Patidar family in Rau (Indore), Shakti Pumps has grown into a global brand, exporting to over 120 countries.

The company’s manufacturing facility in Pithampur, Madhya Pradesh, has an annual capacity of 5 lakh pumps and follows strict national and international quality standards.

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