Shakti Pumps’ shares decline following weak Q1 results

The decline was primarily driven by a weaker-than-expected quarterly performance.
For the April–June quarter, the pump manufacturer reported a 29.6% year-on-year decrease in consolidated net profit, falling to ₹12.62 crore (€1.45 million) from ₹17.92 crore (€2.06 million) in the same period last year.
Revenue also declined marginally by 3.3%, reaching ₹391.6 crore (€45.03 million) compared with ₹405 crore (€46.58 million) a year ago.
EBITDA stood at ₹36 crore (€4.14 million), with the EBITDA margin contracting significantly from 13.2% to 9.2%, reflecting increased input costs and a changing sales mix.
Shakti Pumps is a prominent player in the fluid handling industry, specialising in solar-powered pumping systems, stainless steel submersibles and energy-efficient solutions for agricultural, industrial and municipal sectors.
Despite short-term market volatility, the company continues to maintain a strong foothold in domestic and export markets, focusing on sustainable and renewable energy-based pumping technologies.
At the market close, Shakti Pumps shares were down 5.48% at ₹1,446 (€16.63) on the NSE. Over the past year, the stock has delivered a gain of 84.58%, with a year-to-date return of approximately 47%.
