What we do Shakti Pumps (India) Ltd manufactures submersible pumps, motors, VFDs, inverters, and solar pumps catering to agriculture, industrial, and retail sectors. |
Founded in 1,982 |
Market share Leading player with approximately 25% market share in India's PM KUSUM solar pump scheme. |
Problem solved Provides efficient, sustainable water pumping solutions addressing energy and irrigation challenges especially in agriculture. |
Top clients or who we serve Serves government projects, export markets in 100+ countries, industrial, OEM, and retail customers (B2B and B2C mix). |
Key management Leadership includes IIT PhD CTO Dr. Chinmay Jain and experienced Patidar family promoters with strong domain expertise. |
Our journey and innovations From small-scale pump maker in 1982 to inventor of patented energy-efficient solar pumps; expanded globally with subsidiaries and new EV & solar rooftop products. |
Where we operate Primarily India with exports to over 100 countries across Africa, Middle East, North America, Europe, Asia, Oceania. |
Top products or what we offer Engineered submersible pumps, solar pumps, VFDs/Inverters, solar structures, EV mobility motors, and solar rooftop systems. |
Top brands Shakti Pumps patented solar pumps (#1 in PM KUSUM), Shakti EV Mobility products, Solar Rooftop installations, VFD and inverters. |
Raw materials needed Copper, steel, solar panels, electronic components for pump and motor manufacturing. |
Raw materials supplier Multiple domestic and international suppliers for metals and electronics. |
Recurring vs cyclical contribution Main revenue from project-based government orders and recurring sales to industrial and retail clients. |
Our industry position Market leader in India’s solar pump segment with strong growth in export and emerging EV businesses. |
Financial highlights FY25 revenue ₹25,162 Cr, PAT ₹4,084 Cr; 83.6% YoY revenue growth; EBITDA margin 24%. |
Geographical revenue split Domestic contributes ~83% revenue; exports ~17%, growing rapidly across Asia, Africa, Middle East, and Americas. |
Order book Robust order book of ₹21,000 Mn including large solar pump contracts across Maharashtra, Karnataka, UP, and exports. |
Whats driving growth Government subsidy schemes like PM KUSUM, rising solar pump demand, export market expansion, and new EV & solar rooftop segments. |
Our future plans ₹17,000 Mn capex to double capacities, ramp EV motor and solar module production, and expand solar rooftop footprint. |
Our green promise Committed to solar energy solutions, reduced carbon footprint, water conservation, and sustainable corporate practices. |
Our people and values Diverse workforce with 634 male and 44 female employees; focus on inclusive workplace culture and ethics. |
Key challenges ahead Managing receivables, raw material cost volatility, and scaling new business segments sustainably. |
Interesting facts Holds 15 patents, first Indian maker of stainless steel submersible pumps, and operates in 100+ countries globally. |
Risks and strategy Focus on disciplined execution, receivable management, and innovation to mitigate financial and market risks. |
