| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 648.77 | 2.2% |
| Total Income | 652.73 | 1.9% |
| Expenditure | 511.18 | 1.9% |
| PBT | 141.55 | 2.2% |
| Net Profit | 104.05 | 2.6% |
| OPM | 18.61% | 0.22pp |
| NPM | 15.94% | 0.10pp |
| EPS | 8.66 | 82.9% |
Shakti Pumps (India) Ltd Reports Q3FY25 Revenue Growth of 30.9% YoY to Rs. 6,488 Mn and PAT Increase of 130.2% YoY to Rs. 1,040 Mn
25 Jan 2025 · 25 Jan 2025, 10:19 pm
Summary
Shakti Pumps (India) Ltd has released its financial results for the quarter and nine months ended 31st December 2024. The company's revenue for Q3FY25 stood at Rs. 6,488 Mn, a 30.9% YoY increase, while the Profit After Tax (PAT) surged by 130.2% to Rs. 1,040 Mn. The company's outstanding order book position is around Rs. 20,700 Mn (inclusive of GST) as on 31st December 2024. Shakti Pumps received a Letter of Empanelment of 25,000 pumps under the Magel Tyala Saur Krushi Pump Scheme in Maharashtra and an order of 3,174 pumps from Haryana Renewable Energy Department. The company is optimistic about its growth prospects, with a focus on solar rooftop opportunities and the electric vehicles (EV) space.
Key Highlights
- 1
Q3FY25 revenue grew by 30.9% YoY to Rs. 6,488 Mn
- 2
PAT for Q3FY25 increased by 130.2% YoY to Rs. 1,040 Mn
- 3
Outstanding order book position of around Rs. 20,700 Mn as on 31st December 2024
- 4
Received a Letter of Empanelment of 25,000 pumps under the Magel Tyala Saur Krushi Pump Scheme in Maharashtra
- 5
Order of 3,174 pumps from Haryana Renewable Energy Department (HAREDA)
- 6
Strategic diversification into manufacturing of Electric Motors & Controllers for Electric Vehicles
- 7
Export business grew by 58% YoY to Rs. 3,119 Mn in 9MFY25
Management Comments
Mr. Dinesh Patidar
Chairman, Shakti Pumps (India) Ltd.
I am pleased to share that our company has earned the prestigious “Great Place to Work” certification, a testament to our strong and motivated team, which has contributed to the company’s consistent growth. The company has delivered strong overall financial performance led by increased execution of orders and operational efficiencies, which also resulted in significant margin expansion. The order inflow continued to gain momentum, resulting in a robust outstanding order book position of around Rs. 20,700 Mn (inclusive of GST) as on 31st December 2024. We remain confident about our growth prospects with a focus on solar rooftop opportunities and the electric vehicles (EV) space.
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