Shakti Pumps (india) Limited · NSE:SHAKTIPUMP
Shakti Pumps (india) — Q1 FY27 Earnings Presentation
38 slides from Shakti Pumps (india)'s earnings presentation, Jul 25, 2026
Slide 1: Exchange cover letter under Regulation 30
Date: - 25/07/2026 To, To, The Secretary, The Secretary, Listing Department Corporate Relationship Department National Stock Exchange of India Ltd. BSE Limited Exchange plaza, BKC, Bandra (E) P. J. Towers, Dalal Street Mumbai - MH 400051. Mumbai- MH 400001. REF: -(ISIN- INE908D01010) SCRIP CODE BSE-
Slide 2: Shakti Pumps (India) Limited Q1FY27 Investor Presentation
Shakti Pumps (India) Limited Q1FY27 INVESTOR PRESENTATION SHAKTIPUMP 531431 NSE BSE © 2026, All Rights Reserved - www.shaktipumps.com
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the following discussion may contain “forward looking statements” by Shakti Pumps (India) Limited (“SPIL” or the company) that are not historical in nature. These forward-looking statements, which may include statements relating to future results of opera
Slide 4: Table of Contents
Table of Contents 1 Investment Rationale 2 Company Overview 3 Financial Highlights © 2026, All Rights Reserved - www.shaktipumps.com
Slide 5: Investment Rationale
Investment Rationale © 2026, All Rights Reserved - www.shaktipumps.com
Slide 6: Shakti Pumps at a Glance
Shakti Pumps at a Glance India’s only fully vertically integrated solar pumping company – in-house pumps, motors, controllers, VFDs, structures and inverters – with 40+ years of engineering legacy and execution footprint in both domestic and international markets Business Overview Diversified Busine
Slide 7: Investment Thesis
Investment Thesis Integrated Capability Supports Category-Defining Market Leader Execution at Scale ~25% share under PM-KUSUM with the widest, deepest Only player with truly end-to-end in-house manufacturing execution track record and India’s only fully in-house across pumps, motors, VFDs, controlle
Slide 8: Category-Defining Market Leader
Category-Defining Market Leader Deployment scale rose sharply as government-led water and clean-energy programmes continued to drive demand Government Business 86,086 +20% 2.58 lakh+ Solar Pumps installed in FY26 FY26 YoY Installation growth Cumulative Solar Pumps Installed till date PM-KUSUM Advant
Slide 9: Integrated Capability Supports Execution at Scale
Integrated Capability Supports Execution at Scale From Raw Material to Farm-gate Installation — Shakti Pumps controls every link of the solar pumping value chain In-House Manufacturing Empanelment & Order Execution & Installation Multi-Channel Revenue Pumps, motors, controllers, VFDs, Wins state & c
Slide 10: A Structural, Policy-Backed Market Opportunity
A Structural, Policy-Backed Market Opportunity ₹ 5.5 Trillion - Total Potential Market for Solar Irrigation, New Installation plus replacement of Existing Diesel Pumps Demand Tailwinds PM KUSUM 2.0: India’s Next Wave of Agricultural Pump Solarization 12-13.5 Mn 8-9 Mn Additional Demand of Solar Dies
Slide 11: Building the Next Growth Vectors Beyond Core Solar Pumping
Building the Next Growth Vectors Beyond Core Solar Pumping Actively diversifying revenue streams to capture India’s Renewable Energy Opportunity Solar Rooftop — Shakti Energy Solutions Ltd. Electric Vehicle Motors & Controllers — Shakti EV Mobility Pvt. Ltd. Leverages Shakti’s power-electronics expe
Slide 12: Investing Ahead of the Next Demand Wave
Investing Ahead of the Next Demand Wave A ~ ₹ 17,000 Mn phased capex programme positions Shakti Pumps to double core capacity and enter solar cell/module manufacturing Doubling Core Capacities 0.5 GW DCR Module EV Motors & Controllers Expected commissioning by Pumps, Motors, VFDs & Solar September 2
Slide 13: FY26 – A Year of Disciplined Execution
FY26 – A Year of Disciplined Execution A year of Disciplined Execution: Scale reached new highs while management moved cash conversion and capacity readiness to the center of the story. 01 02 03 04 Record Execution Financial Discipline Growth Runway Optionality Ahead FY26 Revenue reached ₹ Managemen
Slide 14: Company Overview
Company Overview © 2026, All Rights Reserved - www.shaktipumps.com
Slide 15: Been in the Pumps Business since last 4 Decades
Been in the Pumps Business since last 4 Decades Started the SSI Listed on the Set up a separate SEZ Corporate Excellence Received R & D Implementation of Received 1st patent Successfully completed unit by Patidar Bombay stock Unit, expansion of main Award at National Recognition from Govt. of PM-KUS
Slide 16: Comprehensive Business Model
Comprehensive Business Model Motors, Controllers & Solar Pumps Exports Solar Rooftop Chargers for Electric Vehicles Govt. Projects Covering all major Industrial continents with a presence in Retail 100+ countries OEM & Others ₹ 22,321 Mn ₹ 4,111 Mn FY26 Revenue FY26 Revenue Market Leader at an Infle
Slide 17: Marquee Projects undertaken by Shakti Pumps
Marquee Projects undertaken by Shakti Pumps Drinking Water Irrigation Maha Kumbh Mela, Uttar Pradesh Supply Project, Project, Saudi Uganda Arabia De-watering Project at Burj Khalifa, Dubai Hydroponics Drinking Water Applications, Supply Project, De-watering Thailand Male Project at One Za'abeel Towe
Slide 18: State-of-art Manufacturing Facilities
State-of-art Manufacturing Facilities – with strong technical capability Main Unit (I) 3,50,000 per annum Pumps & Motors Capacity Backward Integration: • Spread across 16 acres • In-house manufacturing all the key components required for pumps and • 4”, 6”, 8” & 10” Motor Manufacturing Plant motor m
Slide 19: Diversified Customer Mix
Diversified Customer Mix FY23 FY24 FY25 FY26 77% 77% 67% 69% 24% 21% 17% 15% 9% 10% 6% 8% Customers under Govt. Projects Export Customers Other Customers • Supplies solar pumps to farmers through • Supplies water pumping systems along Supplies its pumps, motors & various other various State Governme
Slide 20: Diversified across Geographies
Diversified across Geographies Global Presence (100+ countries) Revenue from Exports (₹ Mn) FY26 Exports Revenue-mix 21% CAGR Asia Africa 4,368 3.8% Europe 4,111 33.4% North 26 Middle RoW America countries East Asia 2,861 2.6% 4 26 15 countries Countries 2,348 Countries Oceania Africa 3 29 Countries
Slide 21: Presence in Industrial, OEMs and Others
Presence in Industrial, OEMs and Others 2,055 1,394 1,408 1,119 Revenue from Other Businesses (₹ Mn) FY23 FY24 FY25 FY26 Industrial Customers 362 Other Customers Our products are used in industries for variety of 26 purposes such as fire-fighting, sewage, heating & Our products are also used for coo
Slide 22: Experienced Management Team
Experienced Management Team Mr. Dinesh Patidar Mr. Ramesh Patidar Chairman Managing Director A visionary, self-made industrialist and leader with a strong business A Graduate in Business Administration with having more than 19 years of acumen and knowledge in development of engineering products and
Slide 23: Distinguished & Industry Professionals on the Board
Distinguished & Industry Professionals on the Board Mr. Bhim Singh Mr. Hirabhai Somabhai Patel Independent Director Independent Director A SERB National Science Chair & Emeritus Professor, A retired IAS officer and has held various reputable positions Department of Electrical Engineering, Indian Ins
Slide 24: Corporate Structure – Providing Global Presence
Corporate Structure – Providing Global Presence Shakti Pumps (India) Limited Domestic Foreign Shakti Energy Solutions Ltd Shakti Pumps (USA, LLC) Shakti Energy - 100% WOS has 1,00,000 solar structures annual capacity 100% WOS based out of USA located in Pithampur (MP), Currently only doing captive p
Slide 25: ESG Initiatives for Sustainable Growth of Business
ESG Initiatives for Sustainable Growth of Business SPIL has received [ICRA ESG] Impact Rating 75, Good – ESG Rating from ICRA in October 2025 Environment Sustainable Procurement Practices • Implemented sustainable procurement practices through a Supplier Quality Assessment system that evaluates vend
Slide 26: Financial Highlights
Financial Highlights © 2026, All Rights Reserved - www.shaktipumps.com
Slide 27: Management Commentary on Q1 FY27 Performance
Management Commentary on Q1 FY27 Performance “We are pleased to report another record quarter, building on the momentum established in Q4 FY26. Our performance reflects strong execution, an improved working capital position, and sustained demand across key markets. With a healthy order book of aroun
Slide 28: Q1 FY27 Performance Snapshot
Q1 FY27 Performance Snapshot Q1 FY27 Revenue of ₹ 8,587 Mn, driven by strong overall Continued Strong execution Execution Momentum In Q1 FY27, EBITDA Margin as No. of Solar pumps remained in line with previous installed increased by quarter (Q4 FY26) at 9.6% 58% YoY in Q1 FY27 Order Book Position as
Slide 29: Order Book Position
Order Book Position Order Book as on 22nd July 2026 (Inclusive of GST) Order Value (₹ Mn) Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) Maharashtra State Electricity Distribution Company Limited (MSEDCL) & Maharashtra Energy Department Agency (MEDA) 80 Haryana Renewable Energy Department
Slide 30: ₹10,000 Mn Order book Frames the Near-term Runway
₹ 10,000 Mn Order book Frames the Near-term Runway Policy momentum and state-level initiatives provide demand support, while management prioritizes sustainable execution and cash conversion ₹10,000 Order book as of 22 July 2026, Revenue visibility is strong with expected order inflow, majorly from P
Slide 31: Q1 FY27 Key Financials Charts
Q1 FY27 Key Financials Charts Revenue (₹ Mn) EBITDA & PAT (₹ Mn) EBITDA PAT 8,578 8,587 6,225 1,436 968 832 829 383 516 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4FY26 Q1 FY27 No. of Solar Pumps Installed Receivables Ageing 28,345 27,678 31% Not Due 0 - 180 Days 17,557 ₹ 17,988 Mn 15% Receivables 180-365 Day
Slide 32: Q1 FY27 Consolidated Income Statement
Q1 FY27 Consolidated Income Statement Particulars (₹ Mn) Q1 FY27 Q4FY26 Q1 FY26 Revenue from Operations 8,587 8,578 6,225 EBITDA 829 832 1,436 EBITDA Margins* % 9.6% 9.7% 23.1% Finance Cost 146 179 98 Depreciation and Amortization Expense 76 87 61 Other Income 103 97 19 PBT 710 662 1,297 Total Tax 1
Slide 33: Key Historical Financials Charts
Key Historical Financials Charts Revenue driven by improved demand of Solar pumps Break-up of Operating Costs as a % of Revenue (₹ Mn) Revenue EBITDA PAT Cost of Materials Consumed Other Expenses Employee Cost 26,976 4.4% 5.5% 5.2% 25,163 4.8% 9.4% 10.8% 4.0% 11.7% 10.4% 9.8% 13,707 11,785 6,030 9,6
Slide 34: Key Historical Ratios
Key Historical Ratios Optimum Capital Structure with High Coverage Ratio Focus on Working Capital efficiency (x) Gearing Interest Coverage Ratio Average Debtors (Days) Average Inventory (Days) Average Creditors (Days) 13.6 178 173 11.5 172 152 119 115 118 129 7.1 7.1 92 102 108 90 87 80 3.5 62 0.2 0
Slide 35: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) FY23 FY24 FY25 FY26 Revenue from Operations 9,677 13,707 25,163 26,976 EBITDA 666 2,248 6,030 4,217 EBITDA Margins % 6.9% 16.4% 24.0% 15.6% Finance Cost 192 195 443 591 Depreciation and Amortization Expense 184 190 200 283 PBT 322 1,899 5,558 3,592 To
Slide 36: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Mn) Mar-23 Mar-24 Mar-25 Mar-26 Assets Net Fixed Assets 1,481 1,878 2,595 3,270 Other Non-Current Assets 152 175 490 1,501 Current Assets 5,620 12,450 16,659 25,713 Total Assets 7,253 14,503 19,744 30,484 Liabilities Net Worth 4,181 7,557 11,611 17,056 Other
Slide 37: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (₹ Mn) Mar-23 Mar-24 Mar-25 Mar-26 Cash Flow from Operating Activities Profit Before Tax 322 1,899 5,558 3,592 Adjustment for Non-Operating Items 341 338 634 804 Operating Profit before Working Capital Changes 663 2,237 6,192 4,396 Changes in Working Capi
Slide 38: Thank You!
Shakti Pumps (India) Limited THANK Dinesh Patel Chief Financial Officer dinesh.patel@shaktipumps.com YOU! Ernst & Young LLP Vikash Verma / Rohit Anand / Riddhant Kapur vikash.verma1@in.ey.com rohit.anand4@in.ey.com riddhant.kapur@in.ey.com © 2026, All Rights Reserved - www.shaktipumps.com