Shakti Pumps (India) Limited Crosses Rs.25,000 Mn Revenue Milestone in FY25

Udaipur – Shakti Pumps (India) Limited (SPIL), announced the financial results for the quarter and fiscal year ended 31st March 2025. Shakti Pumps (India) Limited Chairman, Mr. Dinesh Patidar, commented on the company’s performance, “We are delighted to report a remarkable financial performance in FY25, marked by substantial growth across all key metrics. We reported our highest-ever Revenue of Rs. 25,162 Mn, which surged by 83.6% YoY, while PAT grew exceptionally by 188.2% to Rs. 4,084 Mn. This impressive topline growth was driven by strong performances in both our domestic and export businesses, with profitability and margins further bolstered by our unwavering focus on operational efficiencies.

Our financial prudence is reflected in our ability to reduce receivable days significantly in FY25, despite higher revenues. The receivable days have come down to 152 days from over 178 days in FY24, and we are optimistic that this trend will continue to improve in the coming years. The export business continues to demonstrate strong performance, growing by 52.7% in FY25 to Rs. 4,368 Mn. Our strong position in regions such as USA, Africa, Asia, and the Middle East ensures that this business remains stable and sustainable.

We remain highly optimistic about the vast opportunities that lie ahead. The solar pumps industry in India is experiencing rapid growth, driven by increasing focus from both central and state governments through initiatives such as PM KUSUM, Magel Tyala Saur Krushi Pump Scheme (Maharashtra), and Pradhan Mantri Krishak Mitra Surya Yojana (Madhya Pradesh). Additionally, the Solar Rooftop sector presents a promising opportunity, with initiatives like PM Surya Ghar: Muft Bijli Yojana further enhancing the growth potential.