Udaipur –Shakti Pumps (India) Limited (SPIL), announced the financial results for the quarter ended 30th June2025. Shakti Pumps (India) LimitedChairman, Mr. Dinesh Patidar,commented on the company’s performance,“We are pleased to report a strong start to FY26, reflecting the strength of our diversified business model. Our performance this quarter was driven by robust execution in the solar pump segment, consistent export momentum, and strategic investmentsin capacity and technology.
We continue to lead the PM-KUSUM scheme with approximately 25% market share across major Indian agricultural states. As of 1st August 2025, our order book stood at approximately Rs.1,350Crs, supported by steady inflows and active participation in tenders across states like Maharashtra, Madhya Pradesh, Rajasthan, Haryana, Punjab, Uttar Pradesh,Jharkhand, etc. Our presence in these markets, built over more than a decade, positions us well to capitalise on the growing demand.
The rooftop solar segment is also gaining traction, supported by government initiatives such as PM Surya Ghar: MuftBijliYojana. We are actively expanding our footprint in this space, alongside our efforts in the domestic, industrial, and EV segments. Our export business continues to be a key growth lever, delivering a ~25% CAGR over the past four years. With successful projects in Haiti, Uganda, Bangladesh, Nepal and growing demand from USA, Middle East and Africa, we remain confident in our ability to sustain this momentum.