SHAKTI PUMPS (INDIA) LTD.-$ Q2 FY26 Results

Summary

Shakti Pumps India Limited has announced its financial results for the quarter and half year ended 30th September 2025. The company delivered a record revenue of Rs. 6,664 Mn in Q2 FY26, representing a 5.0% YoY growth. The EBITDA stood at Rs. 1,360 Mn in Q2 FY26 with an EBITDA margin of 20.4%. The solar pumps business achieved installations of 39,861 units in H1 FY26 and 22,304 units in Q2 FY26. The receivables position is impacted by the prolonged monsoon but is expected to improve with the return of pump installation urgency. The order book stands at approximately Rs. 13,000 Mn as of 7th November 2025.

Key Highlights

1. 1

   Delivered one of the highest quarterly revenues at Rs. 6,664 Mn in Q2 FY26

2. 2

   Installed an impressive quantity of 22,304 solar pumps in Q2 FY26, up by ~21% YoY

3. 3

   Consistent and strong order inflow with Maharashtra leading the pack; Order Book at Rs 13,000 Mn as on 7th November 2025

4. 4

   Achieved an ESG Impact Rating 75 — “Good” by ICRA ESG Ratings Limited

5. 5

   7.2% YOY growth in consolidated revenue for H1 FY26

6. 6

   20.4% EBITDA margin for Q2 FY26

7. 7

   19% and 21% growth in solar pump installations in H1 FY26 and Q2 FY26 respectively

8. 8

   Rs. 2,000 Mn revenue from export business in H1 FY26

9. 9

   67% YoY growth in cash sales business in H1 FY26

10. 10

    Receivables at Rs 16,390 Mn (standalone) as of 30th September 2025

11. 11

    Healthy order book position with clear visibility of order inflows