Shakti Pumps Invests Rs 12 Crore More in EV Subsidiary

Shakti Pumps (India) Ltd has invested Rs 12 crore in cash into its subsidiary, Shakti EV Mobility.
The cumulative investment in the EV arm has now reached Rs 92 crore.

Reader Takeaway: Continued capital support for EV growth, balanced against the need for scaling revenue from motor production.

What just happened

Shakti Pumps has completed a cash investment of Rs 12 crore in its wholly-owned subsidiary, Shakti EV Mobility Private Limited. This transaction involved the subscription of 1.2 crore equity shares, each with a face value of Rs 10. The company confirmed that no regulatory or government approvals were required for this internal capital infusion, which serves to bolster the subsidiary's operational capacity.

Why this matters

The investment signals a firm commitment to the Electric Vehicle segment, a growth area for the company. Shakti EV Mobility is primarily engaged in the manufacturing of motors for two, three, and four-wheelers, alongside chargers and controllers. With the total capital injection now sitting at Rs 92 crore, the group is clearly prioritizing the aggressive scaling of this subsidiary.

Financial Context

The subsidiary has seen a notable uptick in revenue generation, with its turnover reaching Rs 24.25 crore in FY 2026, compared to Rs 3.73 crore in FY 2025 and Rs 4.30 crore in FY 2024. As of March 31, 2026, the subsidiary held a total asset base of Rs 128.57 crore, providing a foundation for its continued business expansion.

What to track next

Investors should monitor how the increased capital translates into order book growth and market penetration for the subsidiary’s EV motors and chargers. Future quarterly reports will be key to determining if the segment can achieve meaningful profitability and contribute significantly to the consolidated bottom line.