Shakti Pumps (India) Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

In an exchange filing, the company said it received a work order valued at Rs 71.25 crore from Madhya Pradesh Urja Vikas Nigam for the design, manufacture, supply, transport, installation, testing and commissioning of 2,033 stand-alone off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). These systems will be deployed across Madhya Pradesh under Component-B of the PM-KUSUM scheme and are scheduled to be executed within 120 days.

The company also stated that neither its promoters nor promoter-group members have any interest in the awarding entity, confirming that the transaction does not fall under related-party dealings as per regulatory norms.

In a separate filing, the company announced its second order worth Rs 23.98 crore from JREDA. The order involves the design, manufacture, supply, transport, installation, testing and commissioning of 1,200 Solar Water Pumping Systems (SWPS) across various locations in Jharkhand, also under Component-B of the PM-KUSUM scheme. This project will be executed within 120 days. As with the previous contract, the company confirmed no related-party involvement.

Shakti Pumps (India) manufactures solar pumps, energy-efficient stainless-steel submersible pumps, pressure booster pumps, pump motors, and other products.

The company?s consolidated net profit declined 10.56% to Rs 90.71 crore in Q2 FY26 compared with Rs 101.42 crore in Q2 FY25. Revenue from operations rose 5% YoY to Rs 666.35 crore in Q2 Sept 2025.

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Shakti Pumps (India) has received a work order from Madhya Pradesh Urja Vikas Nigam for 2,033 stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Madhya Pradesh under Component-B of PM-KUSUM scheme. The total value of the 2,033 pumps is around Rs. 71.25 crore (inclusive of GST) which is to be executed within 120 days

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Shakti Pumps (India) has received its second order from the state of Jharkhand. Jharkhand Renewable Energy Development Agency has given Letter of Award for 1,200 Nos. of Solar Water Pumping Systems (SWPS) at various locations across the state of Jharkhand under Component-B of PM-KUSUM scheme. The total amount of the order value is for around Rs. 23.98 crore (inclusive of GST).

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Shakti Pumps (India) has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company for 16,025 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme. The total value of the 16025 pumps is around Rs. 443.78 crore (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.

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