Rs 1,350 crore order book: Solar pumps stock jumps 13.1 per cent in 2 trading sessions; Company empanelled for 34,720 off-grid solar pumps by MSEDCL
DSIJ Intelligence-1 / 15 Sep 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 530 per cent in 2 years and a whopping 2,760 per cent in 5 years.
On Monday, shares of this multibagger solar pumps stock zoomed 6.6 per cent to an intraday high of Rs 914.95 per share from its previous closing of Rs 858.35 per share. The stock is up by 40 per cent from its 52-week low of Rs 653.81 per share. The shares of the company saw a spurt in volume by more than 4 times on the BSE. In just 2 trading sessions, the stock is up by 13.1 per cent.
Shakti Pumps (India) Ltd. has been empanelled to supply and install 34,720 off-grid solar pumps for MSEDCL under the PM KUSUM B scheme. The company has seen a strong response, with two tranches of solar pumps already fully booked by farmers in Maharashtra. The first tranche of 10,000 pumps, worth approximately Rs 268.88 crore, was booked within 1.5 hours of the MSEDCL portal opening on August 27, 2025. This was followed by a second tranche of 12,451 pumps, valued at approximately Rs. 347.41 crore, which were also fully selected by farmers.
With 22,451 solar pumps already booked, the total value of the orders received so far amounts to approximately Rs 616.30 crore. This strong demand positions Shakti Pumps to fulfil its commitment of supplying 34,720 solar pumps as part of this scheme. The successful booking of these two tranches demonstrates the significant trust farmers have in Shakti Pumps' products and the growing adoption of solar-powered agricultural solutions in the region.
About the Company
Shakti Pumps, a leading Indian manufacturer of pumps and motors for various applications like irrigation and domestic water supply, has been at the forefront of innovation with its well-regarded "Shakti" brand. Founded in 1982, they specialise in energy-efficient pumps, including solar options and manufacture a wide range of components in-house for complete solar pump solutions. Committed to sustainability and transforming agriculture, Shakti Pumps exports its products to over 100 countries and is India's first 5-star-rated pump manufacturer.
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In Q1FY26, the company reported a 10 per cent year-on-year growth in Revenue from Operations, reaching Rs 622.5 crore compared to Rs 567.6 crore in Q1FY25. Profit After Tax (PAT) grew by 4.5 per cent year-on-year to Rs 96.8 crore from Rs 92.7 crore in the corresponding quarter of the previous fiscal year.
The company has a market cap of over Rs 11,000 crore and as of August 01, 2025, it has an order book of Rs 1,350 crore. In July 2025, DIIs bought 27,17,951 shares & FIIs bought 17,19,613 shares, increasing their stakes to 6.42 per cent and 5.72 per cent, respectively, compared to March 2025. The shares of the company have a PE of 28x, an ROE of 43 per cent and an ROCE of 55 per cent. The stock gave multibagger returns of 530 per cent in 2 years and a whopping 2,760 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.