Shakti Pumps (India) Limited (BOM: 531431 & NSE: SHAKTIPUMP) has received an order from the Maharashtra Energy Department Agency (MEDA) for the installation (Design, Manufacture, Supply, transport, Installation, Testing, and Commissioning) of 3,500 Solar Photovoltaic Water Pumping Systems (SPWPS) at multiple locations in Maharashtra. The project is part of Component B of the PM-KUSUM scheme, and the total value of the work order is approximately Rs 93 crore and is expected to be completed within 120 days from the date of issue of the work order.
Earlier the company received the fourth work order under the KUSUM-3 scheme from the Haryana Renewable Energy Department (HREDA), which includes supplying, installing, and commissioning more than 2000 solar water pumping systems. The total value of this order is Rs 73.32 crore and is also expected to be completed within 120 days.
Shakti Pumps Shares Performance & Return
Shares of Shakti Pumps were listed on BSE in Oct 2003 and since its listing, it has delivered marvelous returns to its investors. Since listing its shares have surged more than 6000%. You can check the tables below to know the performance in detail.
| Period | Closing | Growth | Returns on ₹1 Lakh |
| 1M | ₹1,474.25 | -13.07% | ₹86,929 |
| 2M | ₹1,069.80 | 19.79% | ₹119,793 |
| 3M | ₹993.70 | 28.97% | ₹128,967 |
| 4M | ₹1,047.70 | 22.32% | ₹122,320 |
| 5M | ₹910.10 | 40.81% | ₹140,814 |
| 6M | ₹858.20 | 49.33% | ₹149,330 |
| 7M | ₹711.40 | 80.14% | ₹180,145 |
| 8M | ₹591.70 | 116.59% | ₹216,588 |
| 9M | ₹587.20 | 118.25% | ₹218,248 |
| 10M | ₹483.35 | 165.14% | ₹265,139 |
| 11M | ₹439.00 | 191.92% | ₹291,925 |
| 12M | ₹424.85 | 201.65% | ₹301,648 |
The company’s overall performance over the last 12 months is 201.65% and for investors who invested ₹1 lakh in it 12 months ago, its value has grown to ₹301,648 today.
Shakti Pumps Shares Performance in 2024 YTD
| Month | Opening | Closing | Gain/ Fall |
| Jan | ₹1,030.65 | ₹1,478.95 | 43.50% |
| Feb | ₹1,460.25 | ₹1,313.60 | -10.04% |
| Mar | ₹1,328.10 | ₹1,281.00 | -3.55% |
| Total Returns in 2024 | 24.29% | ||
Shakti Pumps Shares Surged 152% in 2023
| Month | Opening | Closing | Gain/ Fall |
| Jan | ₹405.70 | ₹437.65 | 7.88% |
| Feb | ₹427.50 | ₹429.55 | 0.48% |
| Mar | ₹421.65 | ₹404.25 | -4.13% |
| Apr | ₹421.45 | ₹436.35 | 3.54% |
| May | ₹430.70 | ₹541.60 | 25.75% |
| Jun | ₹547.90 | ₹595.00 | 8.60% |
| Jul | ₹592.30 | ₹722.55 | 21.99% |
| Aug | ₹721.35 | ₹852.70 | 18.21% |
| Sep | ₹858.05 | ₹860.25 | 0.26% |
| Oct | ₹876.40 | ₹1,035.80 | 18.19% |
| Nov | ₹1,067.50 | ₹1,001.10 | -6.22% |
| Dec | ₹1,005.00 | ₹1,021.10 | 1.60% |
| Total Returns in 2023 | 151.69% | ||
The share price of Shakti Pumps in January 2023 was ₹405.70, and on the last trading day of the year, it closed at ₹1,021.10 with a gain of 151.69%.
₹10 Thousand Became ₹6.35 Lakh in 20+ Years
The table below shows the company’s absolute returns and CAGR growth from the listing. You can also check that if someone has invested a lump sum of Rs 10k then what is the value of those shares today…
| Period | Growth | CAGR | Returns on ₹10k |
| 1Y | 202% | 201.52% | ₹30,152 |
| 2Y | 155% | 59.78% | ₹25,531 |
| 3Y | 141% | 34.11% | ₹24,122 |
| 4Y | 882% | 77.02% | ₹98,199 |
| 5Y | 227% | 26.71% | ₹32,662 |
| 6Y | 144% | 16.00% | ₹24,365 |
| 7Y | 620% | 32.58% | ₹71,987 |
| 8Y | 817% | 31.91% | ₹91,696 |
| 9Y | 495% | 21.91% | ₹59,471 |
| 10Y | 1643% | 33.08% | ₹174,286 |
| 11Y | 2437% | 34.17% | ₹253,663 |
| 12Y | 2658% | 31.84% | ₹275,780 |
| 13Y | 1834% | 25.59% | ₹193,358 |
| 14Y | 1363% | 21.12% | ₹146,266 |
| 15Y | 4242% | 28.58% | ₹434,237 |
| 16Y | 2227% | 21.74% | ₹232,698 |
| 17Y | 1669% | 18.41% | ₹176,934 |
| 18Y | 1669% | 17.31% | ₹176,934 |
| 19Y | 4100% | 21.74% | ₹420,000 |
| 20Y | 5271% | 22.04% | ₹537,107 |
| Since listing | 6242% | 22.49% | ₹634,158 |
- If we look at the performance of the last four years, it has seen a rise of more than 800 percent.
- In the last ten years, it has increased investors’ money by more than 16 times.
- For investors who invested Rs 10k in Shakti Pumps shares on listing day, the value of those shares has increased to ₹634,158 (₹6.34 lakh).
- The company’s last five-year stock CAGR growth is 26.71% and its last ten years CAGR growth is 33.08%.
Shakti Pumps Share Performance since Listing (Year-wise)
Shakti Pumps shares yearly performance, returns, historical returns, or data.
| Year | Open | Close | Gain/ Fall |
| 2024 | ₹1,030.65 | ₹1,220.55 | 18.43% |
| 2023 | ₹405.70 | ₹1,021.10 | 151.69% |
| 2022 | ₹672.00 | ₹408.70 | -39.18% |
| 2021 | ₹299.60 | ₹639.55 | 113.47% |
| 2020 | ₹198.75 | ₹296.00 | 48.93% |
| 2019 | ₹433.05 | ₹196.95 | -54.52% |
| 2018 | ₹454.80 | ₹416.45 | -8.43% |
| 2017 | ₹140.15 | ₹453.65 | 223.69% |
| 2016 | ₹161.30 | ₹139.50 | -13.52% |
| 2015 | ₹210.35 | ₹161.60 | -23.18% |
| 2014 | ₹80.25 | ₹202.15 | 151.90% |
| 2013 | ₹67.90 | ₹81.55 | 20.10% |
| 2012 | ₹50.70 | ₹65.05 | 28.30% |
| 2011 | ₹65.50 | ₹43.70 | -33.28% |
| 2010 | ₹61.45 | ₹64.25 | 4.56% |
| 2009 | ₹38.10 | ₹61.28 | 60.84% |
| 2008 | ₹107.13 | ₹32.38 | -69.78% |
| 2007 | ₹52.08 | ₹105.78 | 103.11% |
| 2006 | ₹66.22 | ₹54.33 | -17.96% |
| 2005 | ₹19.25 | ₹63.98 | 232.36% |
| 2004 | ₹19.50 | ₹17.50 | -10.26% |
| 2003 | ₹20.20 | ₹21.63 | 7.08% |
About the Company
Shakti Pumps (India) Ltd. manufactures pumps and motors and provides advanced water pumping solutions for various applications such as irrigation, horticulture, domestic water supply, and commercial & industrial applications. The company has two manufacturing units with a capacity of 5 lakh pumps per year. The company has a presence in over 118 countries and has dedicated subsidiaries in Bangladesh, UAE, US, and Australia and 24% of its revenue comes from exports.
| Market Cap | ₹ 2,240 Cr. |
| Current Price | ₹ 1,219 |
| High / Low | ₹ 1,604 / 388 |
| Intrinsic Value | ₹ 710 |
| Book Value | ₹ 229 |
| Face Value | ₹ 10.0 |
| ROCE | 10.4 % |
| ROE | 5.95 % |
| PEG Ratio | -5.82 |
| EPS | ₹ 29.5 |
| P/B Value | 5.31 |
| Dividend Yield | 0.16 % |
| Stock P/E | 41.2 |
| Industry PE | 30.1 |
| OPM | 11.1 % |
| Quick Ratio | 0.89 |
| Debt | ₹ 136 Cr. |
| Debt to equity | 0.32 |
| Current liabilities | ₹ 418 Cr. |
| Current assets | ₹ 662 Cr. |
| NCAVPS | ₹ 206 |
| Return on Assets | 3.04 % |
| Reserves | ₹ 403 Cr. |
| Cash Equivalents | ₹ 23.4 Cr. |
| Inventory | ₹ 289 Cr. |
December Quarter Results
Consolidated Figures in Rs. Crores
| Period | Sales | Profit | OPM |
| Dec 2022 | 314 | 11 | 7% |
| Sep 2023 | 153 | 6 | 10% |
| Dec 2023 | 496 | 45 | 14% |
The latest financial results reflect a remarkable performance by the company in the quarter ending December 2023. During this period, the company recorded substantial growth in net sales, which reached Rs 496 crore. This figure represents an impressive growth of 224.18% over the previous quarter’s sales of Rs 153 crore in September 2023 and a significant growth of 154.04% over the sales of Rs 314 crore in December 2022.
With strong sales growth, the net profit for the quarter ending December 2023 is Rs 45 crore, representing a growth of 650% from the profit of Rs 6 crore of the previous quarter in September 2023 and a significant increase of 309.09% in profit as compared to Rs 11 crore in December 2022.
Shakti Pumps Last 5 Years Profit & Loss Statement
Consolidated Figures in Rs. Crores
| Year | Sales | Profit | OPM |
| Mar 2019 | 544.00 | 45 | 16% |
| Mar 2020 | 383.00 | -14 | 3% |
| Mar 2021 | 930.00 | 76 | 15% |
| Mar 2022 | 1,179.00 | 65 | 9% |
| Mar 2023 | 968.00 | 24 | 7% |
| TTM | 944 | 54 | 11% |
Last 10 Years Compounded Sales & Profit Growth
| Period | Sales Growth | Profit Growth |
| 10 Years | 17% | 4% |
| 5 Years | 17% | -7% |
| 3 Years | 36% | 55% |
| TTM | -19% | 24% |
Shakti Pumps Shareholding Pattern
| Period | Promoters | FIIs | DIIs | Public |
| Mar 2021 | 54.66% | 0.60% | 2.40% | 42.34% |
| Mar 2022 | 54.82% | 0.44% | 0.08% | 44.66% |
| Dec 2022 | 55.95% | 0.36% | 0.00% | 43.68% |
| Mar 2023 | 56.14% | 0.35% | 0.00% | 43.53% |
| Jun 2023 | 56.22% | 0.39% | 0.15% | 43.23% |
| Sep 2023 | 56.22% | 0.64% | 0.22% | 42.93% |
| Dec 2023 | 56.22% | 0.49% | 0.31% | 43.00% |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.