Shakti Pumps (India) makes energy-efficient pumps, especially solar pumps. It offers products like submersible pumps, solar pumps, and other types of pumps used for farming, water supply, and business needs. It is known for making pumps that save energy and for being a leader in solar pumps in India. It also makes strong, long-lasting pumps made of 100% stainless steel. The company sells its products in over 100 countries around the world.

What is Shakti Pumps (India) Ltd NSE: SHAKTIPUMP?

Shakti Pumps (India) was established in 1982 in Madhya Pradesh, India. The company was founded by Mr. Lalit Chhabra. It makes and sells various types of pumps used for water supply, farming, drainage, and industrial work. Some of their popular pumps include submersible pumps, solar pumps, and centrifugal pumps. The company focuses on creating products that save energy and work efficiently. They have a strong presence not only in India but also in other countries. The company is dedicated to protecting the environment by promoting the use of solar-powered pumps.

Share price Target Tomorrow

In this year the stock reached its all-time high price but could not sustain it there. It starts falling continuously for two months. At the current time, the stock started recovering and is stuck in a range in the daily time frame. For the buying opportunity, you should wait for the breakout of the range and should consider some more confirmation for investment.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-37	+50

Shakti Pumps share price Target 2025

It makes energy-efficient pumps and motors. The company mainly focuses on providing renewable energy services for farming. It has many products that are all made by its Research & Development team. The company spends part of its profits on Research & Development to keep improving. It is committed to making new products to help with India’s water pumping and irrigation needs. In 2025, its share price target would be ₹1525, as per our analysis.

By our prediction, its share price would be between ₹700 to ₹1525 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	700	1525

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	895	1387
February	792	1008
March	755	1034
April	700	1113
May	742	1174
June	857	1200
July	954	1245
August	989	1274
September	1084	1357
October	1178	1380
November	1245	1428
December	1380	1525

Shakti Pumps share price Target 2026

It has a factory in Pithampur, Madhya Pradesh, and has grown over time to become one of India’s top pump exporters, selling products to many countries. The company makes pumps for many uses, like farming, irrigation, industrial work, increasing water pressure in tall buildings, providing water in cities and villages, treating wastewater, and fighting fires. In 2026, its share price target would be ₹2202, as per our prediction.

Its share price would be between ₹1380 to ₹2202 in 2026, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	1380	2202

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1380	1546
February	1425	1578
March	1439	1590
April	1458	1644
May	1478	1677
June	1522	1700
July	1542	1778
August	1611	1815
September	1656	1876
October	1720	1988
November	1835	2090
December	1978	2202

Share price Target 2027

It has many years of experience in the pumping industry and is known for making high-quality products. The company is a leader in India’s solar pump market, with a strong presence in the government’s PM-KUSUM program, which encourages solar power in farming. Shakti Pumps is focused on research and development to create new, energy-efficient pumps and services. In 2027, its share price target would be ₹2918, as per our analysis.

By our prediction, its share price would be between ₹1978 to ₹2918 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	1978	2918

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1978	2239
February	2057	2260
March	2144	2325
April	2180	2350
May	2254	2380
June	2290	2430
July	2354	2541
August	2387	2578
September	2430	2645
October	2564	2768
November	2635	2844
December	2720	2918

Share price Target 2028

It makes modern products like solar-powered pumps, electric pumps, and services for farming, industry, and businesses. The company has many patents, with one recently approved, and has become a leader in renewable energy products. After many years of making Electric Motors and Controllers, it has now started making parts for electric vehicles, including Motors, Chargers, Controllers, and Variable Frequency Drives through a new subsidiary. In 2028, its share price target would be ₹3665, as per our prediction.

Its share price would be between ₹2720 to ₹3665 in 2028, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	2720	3665

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	2720	2947
February	2770	3020
March	2841	3056
April	2874	3080
May	2945	3120
June	2984	3150
July	3040	3187
August	3120	3257
September	3155	3381
October	3257	3457
November	3350	3511
December	3460	3665

Share price Target 2029

The comapny began as a small partnership called Shakti Electrical Industries. Over time, it changed a few times before becoming a public company. It was started by the M. L. Patidar family from Indore. The company is trusted by many and has a good reputation. Its products are used in farming, water treatment, factories, construction, hotels, homes, and gardening. The company makes and sells stainless steel water pumps and motors. In 2029, its share price target would be ₹4442, as per our analysis.

By our prediction, its share price would be between ₹3460 to ₹4442 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	3460	4442

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3460	3687
February	3521	3725
March	3570	3857
April	3655	3920
May	3754	4025
June	3855	4080
July	3878	4130
August	3941	4180
September	3978	4254
October	4057	4288
November	4230	4340
December	4281	4442

Shakti Pumps share price Target 2030

The company began as a small unit in Pithampur, Madhya Pradesh, making submersible pumps. It later got the ISI mark for its products. The main buyers were the Madhya Pradesh Government’s PHE and irrigation departments. The company then expanded its plant to make more pumps and control panels. It also planned to start making monoblock pumps. The company introduced stainless steel submersible pumps and became the only one in the country to make complete motor pump sets entirely out of stainless steel. In 2030, its share price target would be ₹5250, as per our prediction.

Its share price would be between ₹4281 to ₹5250 in 2030, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	4281	5250

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	4281	4474
February	4354	4547
March	4387	4600
April	4428	4632
May	4457	4687
June	4525	4735
July	4560	4765
August	4587	4854
September	4680	4880
October	4725	4935
November	4854	5087
December	4980	5250

Share price Target 2040

The company opened two branches in Turkey and Australia, named Shakti Pumps Tur Pompa San. Ve Dis Tic. Ltd. and Shakti Pumps (Australia) Pty Ltd. It increased the number of submersible pumps and motors it could make. The company also introduced new Booster Pumps and Resin Cooled Motors and made pumps up to 250HP. The company launched Solar Pumping services and 350-horsepower pumps, with 30-horsepower industrial sewage pumps. In 2040, its share price target would be ₹11814, as per our analysis.

By our prediction, its share price would be between ₹10677 to ₹11814 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	10677	11814

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	10677	10780
February	10680	10845
March	10757	10887
April	10820	11130
May	10954	11254
June	11087	11358
July	11189	11400
August	11287	11530
September	11354	11580
October	11224	11630
November	11487	11715
December	11580	11814

Share price Target 2050

It provides advanced pumping systems for effective irrigation, industrial fluid handling, and consistent water pressure in tall buildings. The company’s services play a very important role in managing water supply to both rural and urban areas, as well as ensuring the safe treatment of waste and sewage. Its high-performance firefighting pumps further contribute to public safety. With a strong global presence, the company exports its range of innovative pumping products to over 100 countries. In 2050, its share price target would be ₹20703, as per our analysis.

By our prediction, its share price would be between ₹19380 to ₹20703 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	19380	20703

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	19380	19558
February	19457	19690
March	19568	19756
April	19651	19800
May	19720	19845
June	19756	19954
July	19854	20090
August	19956	20168
September	20080	20365
October	20181	20457
November	20259	20590
December	20451	20703

Should I buy Shakti Pumps stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	700	1525
2026	1380	2202
2027	1978	2918
2028	2720	3665
2029	3460	4442
2030	4281	5250
2040	10677	11814
2050	19380	20703

It could be a good investment because it makes energy-efficient solar pumps, which are getting more popular as people focus on clean energy. The company sells its products in over 100 countries and keeps improving its products. While it looks like it will grow in the future, especially with plans to expand into electric vehicles and renewable energy, the stock is currently stable. It might be better to wait for the stock to show more growth before buying.

Shakti Pumps earning results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	383	930	1,179	968	1,371	2,460
Expenses +	371	788	1,068	901	1,146	1,890
Operating Profit	12	142	110	67	225	570
OPM %	3%	15%	9%	7%	16%	23%
Other Income +	4	4	6	3	4	14
Interest	21	16	16	19	19	39
Depreciation	17	18	19	18	19	19
Profit before tax	-22	111	82	32	190	525
Tax %	-35%	32%	21%	25%	25%
Net Profit +	-14	76	65	24	142	388
EPS in Rs	-1.28	6.85	5.88	2.19	11.79	32.27
Dividend Payout %	0%	19%	6%	15%	6%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
29.36	15.07	0.07%	41.37	5.98	0.69%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Shakti Pumps (India) Ltd	80.34	15.07	0.07%
Cummins India Ltd	45.83	11.93	1.34%
Thermax Limited	61.90	9.00	0.34%
AIA Engineering Ltd	26.22	4.47	0.51%

Is Shakti Pumps stock good to buy? (bull case & bear case)

Bull Case:

• Shakti Pumps is getting support from government programs for solar pumps.
• The company’s earnings grew a lot in the first quarter of FY25.
• Profit after tax increased from ₹1 crore to ₹92.6 crore.
• It got a big order worth ₹73 crore to supply 2,130 solar pumps in Haryana.

Bear Case:

• The stock price has gone up by 321% in 2024, which could be risky.
• Large orders may come with delays or problems.
• The renewable energy market is competitive, and government rules could change.

Conclusion

It makes energy-efficient and solar-powered pumps and sells them in many countries. The company is growing and focusing on creating products that save energy. While the stock has risen quickly in 2024, and been unpredictable. The company is doing well with higher earnings and big orders, but there are some risks like strong competition and changes in government rules. Overall, Shakti Pumps seems like a good investment for the long term.

FAQs