Shakti Pumps (India) Limited has reported its highest-ever quarterly revenue of ₹8,578 crore for Q4 FY26, marking a significant milestone in the company’s financial performance. The company also achieved its highest-ever annual revenue of ₹26,976 crore for the fiscal year ending 31st March 2026.
Chairman Dinesh Patidar highlighted that FY26 was a strategic transition year for Shakti Pumps, focusing on strengthening balance sheet quality, improving receivable efficiency, and ensuring sustainable long-term growth. The company adopted a disciplined execution approach, which led to a significant reduction in receivables by over ₹4,200 crore from ₹16,790 crore as of 31st December 2025 to ₹12,757 crore by the end of March 2026.
Despite challenges such as lower realisation from the Magel Tyala Scheme in Maharashtra and increased raw material and logistics costs, Shakti Pumps maintained healthy EBITDA margins. The company reported an EBITDA of ₹832 crore for Q4 FY26 and ₹4,217 crore for the full fiscal year.
The solar pumps business saw a 20% year-on-year growth in installations, with 86,086 solar pumps installed during FY26. Revenue from this segment grew by 7% year-on-year to ₹20,806 crore. The company also noted the extension of the commissioning deadline for projects under the PM KUSUM scheme to 31st March 2027.
Shakti Pumps’ order book as of 7th May 2026 stood at approximately ₹15,000 crore, providing strong revenue visibility. The company received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 6,580 pumps valued at ₹1,552 crore.
In the exports business, revenue stood at ₹4,111 crore for FY26, with the Middle East contributing significantly despite geopolitical tensions. Emerging businesses, including cash sales and the upcoming DCR Module capacity, are expected to further boost revenue.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).