Shakti Pumps H1FY27 Revenue up 24.5% YoY to ₹16,047 Mn; Solar Module Trial Production Begins
Shakti Pumps reported H1 FY27 revenue of ₹16,047 million (₹1,604.7 crore), a 24.5% YoY increase. Q2 FY27 revenue grew 12.0% YoY to ₹7,460 million (₹746.0 crore). Solar pump installations rose 29.3% YoY in H1 FY27 to 51,543 units. Trial production for 0.5 GW of solar module capacity began in October 2026.
The substantial revenue growth, strong operational performance in solar pumps, and significant investments in new manufacturing capacities and trial production commencement are material developments that are expected to have a considerable impact on the company's future performance.
The company reported significant year-on-year revenue growth and increased solar pump installations, alongside the commencement of trial production for new solar module capacity, indicating positive business momentum despite margin pressures.
Shakti Pumps (India) Limited (SPIL) announced its financial results for the half year and quarter ended September 30, 2026. The company reported a 24.5% year-on-year revenue growth in H1 FY27, reaching ₹16,047 million (₹1,604.7 crore). Revenue for Q2 FY27 also saw a 12.0% year-on-year increase to ₹7,460 million (₹746.0 crore). Solar pump installations demonstrated robust growth, with a 29.3% year-on-year increase to 51,543 units in H1 FY27 and a 7.0% year-on-year rise to 23,865 units in Q2 FY27.
Despite a moderation in margins due to lower realisations, higher raw material costs, and elevated logistics expenses, the company reported a Profit After Tax (PAT) of ₹901 million (₹90.1 crore) for H1 FY27 and cash profit of ₹1,058 million (₹105.8 crore). The order book stood at ₹7,510 million (₹751.0 crore) as of October 23, 2026.
Shakti Pumps is investing approximately ₹17,000 million (₹1,700 crore) to enhance its manufacturing base and backward integration. Notably, trial production for 0.5 GW of its planned 2.2 GW solar module capacity commenced in October 2026. The 2.2 GW DCR solar cell facility is expected to be commissioned by FY28. The company is also diversifying into solar rooftop and EV motors, controllers, and chargers, positioning itself as an integrated renewable energy solutions provider.
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See the model portfoliosA plain-language summary of a public exchange filing by Shakti Pumps (India) Limited. Read the original for the full detail.