Rs 1,300 crore order book: Shakti Pumps invested Rs 3 crore in Shakti Energy Solutions for a 2.20 GW solar PV/DCR cell plant in Pithampur
DSIJ Intelligence-1Categories: Multibaggers, Trending
The stock gave multibagger returns of 330 per cent in 2 years and a whopping 1,150 per cent in 5 years.
Shakti Pumps (India) Limited (SPIL) has announced a strategic investment of Rs 3 crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited (SESL). This capital infusion is specifically earmarked for the establishment of a greenfield manufacturing plant in Pithampur, Madhya Pradesh. The new facility will focus on producing high-efficiency Solar DCR cells and Solar PV modules, representing a major move into core solar component production for the group.
The subsidiary, SESL, has demonstrated strong financial growth, with its turnover rising from Rs 99.15 crore in FY23 to Rs 216.53 crore in FY25. The upcoming Pithampur plant is designed with a significant production capacity of 2.20 GW, expanding the company’s existing portfolio beyond solar structures and rooftop solutions. This investment, conducted through the issuance of equity shares, aims to scale the company's manufacturing footprint within the renewable energy sector.
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.
In Q2FY26, the company reported a 7.10 per cent year-on-year growth in Revenue from Operations, reaching Rs 666 crore compared to Rs 622 crore in Q1FY26. Profit After Tax (PAT) decreased by 6.2 per cent year-on-year to Rs 91 crore from Rs 97 crore in Q1FY26.
In September 2025, DIIs bought 24,56,849 shares & FIIs bought 8,31,720 shares, increasing their stakes to 6.71 per cent and 5.60 per cent, respectively, compared to June 2025 as per the BSE exchange. The company has a market cap of over Rs 9,000 crore and as of September 30, 2025, it has an Order Book of Rs 1,300 crore. The shares of the company have a PE of 20x, an ROE of 43 per cent and an ROCE of 55 per cent. The stock gave multibagger returns of 330 per cent in 2 years and a whopping 1,150 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.