📉 The Financial Deep Dive
Shakti Pumps (India) Limited has signaled a strong financial performance for the third quarter and first nine months of FY2025, with its Board of Directors scheduled to consider and approve the un-audited consolidated and standalone financial results on February 13, 2026. Preliminary data reveals a robust performance, particularly in the third quarter ending December 31, 2025.
The Numbers:
- Revenue: Consolidated revenue for Q3 FY25 stood at ₹652.73 crore, marking a significant 31.3% year-on-year (YoY) increase from ₹497.04 crore in Q3 FY24. Quarter-on-quarter (QoQ), revenue grew by 1.9% from ₹640.32 crore in Q2 FY25.
- EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q3 FY25 surged by 117% YoY to ₹154 crore, up from ₹71 crore in Q3 FY24.
- PAT: Profit After Tax (PAT) witnessed an exceptional 130.3% YoY growth, reaching ₹104.05 crore in Q3 FY25, compared to ₹45.19 crore in the same quarter last year. On a QoQ basis, PAT increased by 2.6%.
- Margins: Profitability improved substantially. The EBITDA margin expanded to 23.8% in Q3 FY25 from 14.3% in Q3 FY24. Similarly, the PAT margin widened to 16% from 9.1% in the prior-year period, reflecting improved operational efficiency and pricing power.
- EPS: Earnings Per Share (EPS) for the quarter stood at ₹8.7, a significant increase from ₹4.1 in Q3 FY24.
- 9M FY25 Performance: For the first nine months of FY25, revenue stood at ₹1,851 crore, up by 143% YoY. EBITDA for the nine-month period rose to ₹439 crore from ₹94 crore in 9M FY24, with EBITDA margins improving to 23.7% from 12.4%.
The Quality & Outlook:
While the financial performance is commendable, potential challenges include rising interest expenses and a declining operating profit to interest ratio, as noted in recent reports. The company also highlighted high receivables, which are attributed to the standard retention of 10% by government entities for remote monitoring system (RMS) data, a process that can take 180-250 days for release. Management, however, assures that there are no funds 'stuck' and payments are within expected cycles.
Shakti Pumps is targeting 25-30% revenue growth going forward, bolstered by its leadership in solar pumps, expansion in emerging business segments, strong export momentum, and a robust order book of approximately ₹13,000 million as of November 7, 2025.
The Board Meeting:
The upcoming board meeting on February 13, 2026, will serve to formally ratify these strong Q3 and 9M FY25 results, providing investors with the official audited figures and further details on the company's financial health and strategic direction.