Introduction:
Solar pump company reported a remarkable 130.09% YoY increase in net profit for Q3 FY25, reaching ₹104 crore. Revenue grew by 31%, and EBITDA saw a 117.46% rise, highlighting strong operational performance and improved margins.
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Share price movement of Shakti Pumps:
On January 27, 2025, Shakti Pumps (India) Ltd. opened at ₹1,084.70, down 5.00% from its previous close of ₹1,141.75. The stock reached a low of ₹1,084.70. By 12:03 PM, it traded at ₹1,084.70, with a market cap of ₹13,039.24 crore.
Shakti Pumps Reports 130% YoY Profit Surge:
Shakti Pumps (India) Ltd reported impressive results for Q3 FY25, with net profit soaring 130.09% YoY to ₹104 crore, compared to ₹45.2 crore in Q3 FY24. This significant growth reflects the company’s strong operational performance.
Revenue from operations surged by 31%, reaching ₹648.8 crore, compared to ₹495.6 crore in the same period last fiscal. EBITDA also witnessed a robust 117.46% increase, totaling ₹154.4 crore, with a margin of 23.8%, up from 14.3% last year.
Despite the strong performance, the stock is currently in the ASM LT: Stage 4. The Additional Surveillance Measure (ASM) is a framework to monitor stocks that exhibit abnormal price movements or volatility.
Recent news on Shakti Pumps:
As of December 11, 2024, Shakti Pumps (India) Ltd. secured a ₹754.30 crore order from Maharashtra State Electricity Distribution Company Ltd. for 25,000 solar water pumping systems, to be completed within 60 days under the “Magel Tyala Saur Krushi Pump Scheme.”
Ace investor holding in Shakti Pumps:
Ramesh Chimanlal Shah
Ramesh Chimanlal Shah holds a 2.52% stake in Shakti Pumps (India) Ltd., with 3,030,229 shares valued at ₹331 crore. His significant investment reflects confidence in the company’s growth and market position.
Snehal Bhupendra Shah
Snehal Bhupendra Shah holds a 1.86% stake in Shakti Pumps (India) Ltd., with 2,234,832 shares valued at ₹244.1 crore. This investment highlights his confidence in the company’s future prospects and performance.
Stock performance of Shakti Pumps for Period of 1 week, 6 months and 1 year:
Shakti Pumps (India) Ltd. has shown strong performance, with a 4.50% return over the past week, a remarkable 61.3% return over six months, and an impressive 551% return over the past year, reflecting robust growth.
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Shareholding pattern of Shakti Pumps:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 51.60% | 51.60% | 51.60% |
FII | 3.20% | 3.10% | 3.40% |
DII | 5.30% | 6% | 7% |
Public | 40.00% | 39.20% | 38.30% |
About Shakti Pumps:
Shakti Pumps (India) Ltd. (NSE: SHAKTIPUMP) manufactures solar pumps, stainless-steel submersible pumps, pressure booster pumps, and motors. With two manufacturing facilities, it has a combined capacity of 5,00,000 pumps and motors annually.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.