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Solar pump stock with order book worth ₹1,152 Cr in December 2025 to keep an eye on

Alex Smith

Alex Smith

1 month ago

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Solar pump stock with order book worth ₹1,152 Cr in December 2025 to keep an eye on

Synopsis: Shakti Pumps (India) Limited received a Rs.67.32 crore PM-KUSUM order from Madhya Pradesh Urja Vikas Nigam Limited, lifting December 2025 total orders to Rs.1,152.23 crore and strengthening its solar irrigation business.

This Solar Pump stock, engaged in manufacturing submersible pumps, solar pumps, motors, controllers, and wastewater solutions for agriculture, industry, and domestic use, is in focus after receiving a new work order worth Rs. 67.32 crore from Madhya Pradesh Urja Vikas Nigam Limited, and a total order of Rs. 1,152.23 crore was received last month, December 2025.

With a market capitalization of Rs. 9,073.45 crore, the shares of Shakti Pumps (India) Limited were currently trading at Rs. 735.30 per equity share, down nearly 0.54 percent from its previous day’s close price of Rs. 739.30. 

Reason Behind the Surge:

Shakti Pumps (India) Limited has received a new work order worth about Rs. 67.32 crore from Madhya Pradesh Urja Vikas Nigam Limited under the PM-KUSUM scheme. The order is for supplying, installing, and commissioning 1,952 stand-alone off-grid DC solar water pumping systems across Madhya Pradesh. 

The project will be executed within 120 days. This domestic order strengthens Shakti Pumps (India) Limited’s presence in the renewable energy and solar irrigation segment.

Orders Received in December 2025:

On December 11, 2025, Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for supplying and installing 16,025 off-grid DC solar water pumping systems under the PM-KUSUM B scheme, valued at Rs. 443.78 crore, to be executed within 60 days from issuance of the work order.

On December 12, 2025, Shakti Pumps (India) Limited received a Rs. 71.25 crore work order from Madhya Pradesh Urja Vikas Nigam Limited to supply and install 2,033 off-grid DC solar water pumping systems under the PM-KUSUM scheme, to be executed within 120 days.

On the same day, the company also received a Rs. 23.98 crore order from the Jharkhand Renewable Energy Development Agency for supplying and installing 1,200 solar water pumping systems under the PM-KUSUM scheme, to be executed within 120 days, boosting revenue visibility.

On December 23, 2025, Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for the supply and installation of 12,883 off-grid DC solar water pumping systems under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B scheme, valued at Rs.356.77 crore, to be executed within 60 days from issuance of the work order.

On December 24, 2025, Shakti Pumps (India) Limited received a Rs.65.20 crore work order from Madhya Pradesh Urja Vikas Nigam Limited to supply and install 1,897 off-grid DC solar water pumping systems under the PM-KUSUM scheme, to be executed within 120 days.

On December 30, 2025, Shakti Pumps (India) Limited received a Rs.21.00 crore work order from the Jharkhand Renewable Energy Development Agency for supplying and installing 1,000 stand-alone off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme, to be executed within 120 days from the date of NTP.

On December 31, 2025, Shakti Pumps (India) Limited received a Rs.170.25 crore work order from Madhya Pradesh Urja Vikas Nigam Limited to supply and install 4,840 stand-alone off-grid DC solar water pumping systems under the PM-KUSUM scheme, to be executed within 120 days.

Trable Shows the List of Orders Received in December 2025

DateOrder FromDetails of OrderOrder SizeDuration11 Dec 2025Maharashtra State Electricity Distribution Company LimitedSupply and installation of 16,025 off-grid DC solar water pumpsRs.443.78 CrWithin 60 days12 Dec 2025Madhya Pradesh Urja Vikas Nigam LimitedSupply and installation of 2,033 off-grid DC solar water pumpsRs.71.25 CrWithin 120 days12 Dec 2025Jharkhand Renewable Energy Development AgencySupply and installation of 1,200 solar water pumping systemsRs.23.98 CrWithin 120 days23 Dec 2025Maharashtra State Electricity Distribution Company LimitedSupply and installation of 12,883 off-grid DC solar water pumpsRs.356.77 CrWithin 60 days24 Dec 2025Madhya Pradesh Urja Vikas Nigam LimitedSupply and installation of 1,897 off-grid DC solar water pumpsRs.65.20 CrWithin 120 days30 Dec 2025Jharkhand Renewable Energy Development AgencySupply and installation of 1,000 off-grid solar water pumping systemsRs.21.00 CrWithin 120 days31 Dec 2025Madhya Pradesh Urja Vikas Nigam LimitedSupply and installation of 4,840 off-grid DC solar water pumpsRs.170.25 CrWithin 120 daysTotal December Order 2025Rs.1,152.23 Cr

Order Book

As of November 7, 2025, Shakti Pumps reported a robust order book of around Rs. 1,300 crore, offering strong revenue visibility. Key orders include Rs. 464 crore of off-grid solar pumping projects under the Magel Tyala Saur Urja Yojana, Rs. 367 crore from Uttar Pradesh’s Agriculture Department, Rs. 138 crore from Ajmer Vidyut Vitran Nigam, and Rs. 131 crore from Uganda, along with other domestic and export projects.

Shakti Pumps (India) Limited was established in 1982 in Pithampur, Madhya Pradesh, as a manufacturer of energy-efficient stainless steel pumps and motors. With a strong focus on innovation and sustainability, the company initially specialized in reliable submersible pumps for agricultural and industrial use to address water management challenges.

The company offers a broad product portfolio, including submersible pumps, solar pumps, vertical multistage centrifugal pumps, and wastewater solutions. Its products cater to irrigation, domestic water supply, industrial applications, and firefighting, with over 1,200 pump variants designed for efficiency, durability, and performance across diverse operating conditions.

Coming into financial highlights, Shakti Pumps (India) Limited’s revenue has increased from Rs. 635 crore in Q2 FY25 to Rs. 666 crore in Q2 FY26, which has grown by 4.88 percent. The net profit has decreased by 9.90 percent from Rs. 101 crore in Q2 FY25 to Rs. 91 crore in Q2 FY26. Shakti Pumps (India) Limited’s revenue and net profit have grown at a CAGR of 28.75 percent and 84.47 percent, respectively, over the last three years.

In terms of return ratios, the company’s ROCE and ROE stand at 55.3 percent and 42.6 percent, respectively. Shakti Pumps (India) Limited has an earnings per share (EPS) of Rs. 33.2, and its debt-to-equity ratio is 0.38x.

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