Shakti Pumps (India) Limited — Investor Meet, 15-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Shakti Pumps posted record FY26 consolidated revenue of INR 2,698 Cr, with Q4 at INR 858 Cr, and solar pump installations up 20% YoY. FY26 EBITDA margin was ~16%, affected by temporary raw material price hikes and lower Magel Tyala realizations. Receivables significantly improved by INR 420 Cr in Q4 to INR 1,276 Cr, strengthening the balance sheet. A strong INR 1,500 Cr order book provides next two-quarter visibility. Management anticipates KUSUM 2.0 rollout by Q1FY27, driving future growth. Solar rooftop (15% EBITDA potential) and EV motors (results in 6-12 months) are promising new areas, alongside ongoing pump and module capacity expansion. The company aims for improved margins and sustainable value creation.