Shakti Pumps (India) Limited (SHAKTIPUMP) AI Stock Analysis

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Shakti Pumps (India) Limited

(NSE:SHAKTIPUMP)

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Rating:55Neutral

Price Target:INR 362.00▲(2.43% Upside)

Action:reiterated

Date:09/11/26

The score is held back primarily by weak and inconsistent cash generation (negative free cash flow in most years) despite good growth and a moderately leveraged balance sheet. Technicals are mixed with bearish medium-to-long trend signals, and valuation appears relatively high (P/E ~29) with a very low dividend yield.

Positive Factors

Revenue GrowthStrong revenue growth, particularly in 2024 and 2026, indicates continued expansion in the company’s sales base across its pump and pumping-system markets. Sustained top-line growth can support operating scale, customer reach, and reinvestment over the next several quarters.

Negative Factors

Weak Cash ConversionRepeated negative free cash flow and weak conversion of net income into operating cash reduce the quality and flexibility of reported earnings. If this pattern persists, the company may have less internally generated funding for investment, debt reduction, and other long-term capital allocation needs.

Shakti Pumps (India) Limited (SHAKTIPUMP) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 51.00B
Dividend Yield: 0.28%
Average Volume (3M): 48.98K
Price to Earnings (P/E): 27.2
Beta (1Y): 0.65
Revenue Growth: 15.77%
EPS Growth: -60.93%
Country: India
Employees: 585
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

Shakti Pumps (India) Limited Business Overview & Revenue Model

Company Description

Shakti Pumps (India) Limited operates as a leading manufacturer and distributor of pumping equipment, primarily focusing on submersible pumps and motors, all sold under its established 'Shakti' brand. The company's diverse product portfolio encompass...

How the Company Makes Money

Shakti Pumps primarily makes money by designing, manufacturing, and selling pumps and pump systems to customers across agricultural, domestic, and industrial end markets. Key revenue streams typically include: (1) Product sales of pump sets—revenue g...

Shakti Pumps (India) Limited Financial Statement Overview

Summary

Income statement and balance sheet are solid (growth and generally healthy profitability; moderate leverage), but cash flow is a major drag with negative free cash flow in most years and weak conversion of net income into operating cash flow. FY2026 margin compression and rising debt also temper strength.

Income Statement

74Positive

Balance Sheet

78Positive

Cash Flow

38Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	29.34B	26.98B	25.18B	13.72B	9.70B	11.81B
Gross Profit	7.07B	6.75B	9.46B	4.49B	2.26B	2.75B
EBITDA	3.94B	4.47B	6.05B	2.26B	691.04M	1.13B
Net Income	2.12B	2.58B	4.08B	1.42B	241.32M	648.16M
Balance Sheet
Total Assets	0	30.48B	19.74B	14.50B	7.25B	8.64B
Cash, Cash Equivalents and Short-Term Investments	6.84B	6.84B	1.69B	2.01B	172.09M	444.18M
Total Debt	0	5.05B	1.70B	848.28M	751.40M	1.06B
Total Liabilities	-17.06B	13.43B	8.13B	6.95B	3.07B	4.70B
Stockholders Equity	17.06B	17.06B	11.61B	7.56B	4.18B	3.93B
Cash Flow
Free Cash Flow	-5.07B	-801.80M	-872.90M	-44.56M	138.67M	-46.20M
Operating Cash Flow	-4.78B	992.30M	204.90M	543.78M	386.86M	169.95M
Investing Cash Flow	-511.90M	-3.08B	-1.98B	-668.41M	-120.25M	-76.03M
Financing Cash Flow	7.18B	5.91B	438.70M	1.92B	-468.66M	2.84M

Shakti Pumps (India) Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price353.40

Price Trends

50DMA450.71Negative

100DMA496.66Negative

200DMA527.39Negative

Market Momentum

MACD-26.98Positive

RSI17.46Positive

STOCH13.94Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHAKTIPUMP, the sentiment is Negative. The current price of 353.40 is below the 20-day moving average (MA) of 408.88, below the 50-day MA of 450.71, and below the 200-day MA of 527.39, indicating a bearish trend. The MACD of -26.98 indicates Positive momentum. The RSI at 17.46 is Positive, neither overbought nor oversold. The STOCH value of 13.94 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SHAKTIPUMP.

Shakti Pumps (India) Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SHAKTIPUMP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KIRLOSBROS	60Neutral	INR 127.28B	33.82	―	0.44%	10.85%	-4.06%
IN:GREAVESCOT	57Neutral	INR 46.45B	46.37	―	1.00%	21.20%	22.83%
IN:KIRLOSENG	56Neutral	INR 261.95B	47.81	―	0.50%	22.66%	15.61%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ROTO	55Neutral	INR 11.07B	40.01	―	0.32%	-3.87%	-18.80%
IN:SHAKTIPUMP	55Neutral	INR 43.61B	27.25	―	0.28%	15.77%	-60.93%
IN:KSB	44Neutral	INR 113.26B	1.31	―	0.67%	4.63%	-4.40%

* General Sector Average

Performance Comparison

IN:SHAKTIPUMP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SHAKTIPUMP	Shakti Pumps (India) Limited	353.40	-457.14	-56.40%
IN:GREAVESCOT	Greaves Cotton Limited	199.40	-18.71	-8.58%
IN:KIRLOSBROS	Kirloskar Brothers Ltd.	1602.85	-280.48	-14.89%
IN:KIRLOSENG	Kirloskar Oil Engines Limited	1799.50	783.34	77.09%
IN:KSB	KSB Ltd.	650.75	-130.49	-16.70%
IN:ROTO	Roto Pumps Limited	58.76	-11.20	-16.01%

Shakti Pumps (India) Limited Corporate Events

Shakti Pumps Injects Rs. 10 Crore Into Subsidiary for 2.20 GW Solar Manufacturing Expansion

Oct 12, 2026

Shakti Pumps (India) Limited has injected Rs. 10 crore in cash into its wholly owned subsidiary Shakti Energy Solutions Limited to subscribe to new equity shares. The move strengthens the group’s renewable energy manufacturing footprint by fund...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 11, 2026

Shakti Pumps (India) Limited AI Stock Analysis

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