Shakti Pumps (India) Ltd
Shakti Pumps (India) Ltd is primarily engaged in manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications such as irrigation, horticulture, domestic water supply, commercial and industrial applications.
Its brand "Shakti" is well received in the domestic and international markets.[1]
- Market Cap ₹ 9,409 Cr.
- Current Price ₹ 783
- High / Low ₹ 901 / 155
- Stock P/E 31.8
- Book Value ₹ 70.9
- Dividend Yield 0.08 %
- ROCE 29.5 %
- ROE 22.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 30.1% CAGR over last 5 years
Cons
- Stock is trading at 11.0 times its book value
- Company has high debtors of 178 days.
- Promoter holding has decreased over last 3 years: -3.08%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Pumps
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
210 | 297 | 299 | 264 | 408 | 412 | 521 | 357 | 887 | 1,124 | 923 | 1,292 | 2,238 | |
179 | 252 | 252 | 243 | 349 | 342 | 447 | 355 | 766 | 1,035 | 866 | 1,109 | 1,802 | |
Operating Profit | 32 | 45 | 47 | 21 | 59 | 70 | 74 | 2 | 121 | 89 | 58 | 183 | 435 |
OPM % | 15% | 15% | 16% | 8% | 14% | 17% | 14% | 1% | 14% | 8% | 6% | 14% | 19% |
7 | 10 | 11 | 8 | 2 | 3 | 3 | 4 | 3 | 11 | 7 | 11 | 14 | |
Interest | 12 | 13 | 13 | 14 | 16 | 14 | 17 | 19 | 14 | 14 | 17 | 18 | 30 |
Depreciation | 5 | 7 | 10 | 12 | 13 | 14 | 15 | 16 | 17 | 17 | 17 | 18 | 18 |
Profit before tax | 21 | 36 | 35 | 3 | 32 | 45 | 45 | -29 | 93 | 69 | 30 | 159 | 402 |
Tax % | 13% | 26% | 27% | 43% | 32% | 38% | 31% | -30% | 34% | 19% | 20% | 26% | |
18 | 27 | 26 | 2 | 22 | 28 | 31 | -20 | 61 | 56 | 24 | 117 | 296 | |
EPS in Rs | 2.02 | 2.90 | 2.56 | 0.20 | 1.98 | 2.52 | 2.85 | -1.85 | 5.55 | 5.04 | 2.17 | 9.75 | 24.97 |
Dividend Payout % | 8% | 12% | 13% | 0% | 17% | 24% | 29% | 0% | 24% | 7% | 15% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 20% |
3 Years: | 13% |
TTM: | 214% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 30% |
3 Years: | 24% |
TTM: | 1294% |
Stock Price CAGR | |
---|---|
10 Years: | 35% |
5 Years: | 87% |
3 Years: | 97% |
1 Year: | 366% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 20 | 20 |
Reserves | 95 | 121 | 178 | 173 | 208 | 231 | 254 | 222 | 284 | 324 | 345 | 656 | 832 |
92 | 113 | 117 | 117 | 88 | 109 | 165 | 178 | 67 | 98 | 71 | 84 | 132 | |
45 | 62 | 60 | 59 | 104 | 91 | 104 | 86 | 256 | 363 | 230 | 599 | 764 | |
Total Liabilities | 247 | 311 | 372 | 367 | 418 | 449 | 542 | 504 | 626 | 804 | 664 | 1,359 | 1,749 |
80 | 90 | 106 | 110 | 121 | 119 | 128 | 129 | 124 | 121 | 116 | 119 | 120 | |
CWIP | 0 | 2 | 5 | 8 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 18 | 20 |
Investments | 1 | 1 | 1 | 1 | 2 | 10 | 18 | 20 | 19 | 19 | 27 | 46 | 51 |
166 | 219 | 261 | 248 | 294 | 320 | 395 | 354 | 482 | 663 | 519 | 1,176 | 1,559 | |
Total Assets | 247 | 311 | 372 | 367 | 418 | 449 | 542 | 504 | 626 | 804 | 664 | 1,359 | 1,749 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 18 | -4 | 34 | 52 | 21 | -7 | 53 | 132 | 5 | 32 | 25 | |
-26 | -29 | -26 | -18 | -19 | -21 | -34 | -35 | 2 | 0 | -11 | -50 | |
-2 | 12 | 28 | -16 | -33 | 6 | 35 | -15 | -122 | 6 | -41 | 195 | |
Net Cash Flow | -2 | 1 | -1 | 0 | 1 | 6 | -6 | 3 | 12 | 12 | -20 | 170 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 111 | 115 | 143 | 130 | 139 | 135 | 121 | 116 | 103 | 118 | 86 | 178 |
Inventory Days | 242 | 177 | 220 | 219 | 136 | 156 | 127 | 191 | 66 | 80 | 92 | 110 |
Days Payable | 77 | 75 | 71 | 62 | 93 | 76 | 72 | 77 | 106 | 118 | 63 | 172 |
Cash Conversion Cycle | 276 | 217 | 292 | 288 | 183 | 215 | 175 | 230 | 63 | 80 | 115 | 115 |
Working Capital Days | 164 | 127 | 189 | 190 | 152 | 187 | 186 | 220 | 76 | 87 | 107 | 109 |
ROCE % | 18% | 21% | 17% | 6% | 16% | 18% | 16% | -2% | 27% | 20% | 11% | 30% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
28 Nov - Monitoring Agency Report for QIP funds utilization.
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Statement Of Deviation(S) Or Variation(S) Under Reg. 32
28 Nov - Statement of deviation in fund utilization for QIP.
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Announcement under Regulation 30 (LODR)-Allotment
26 Nov - Allotment of 100,175,500 bonus equity shares in 5:1 ratio.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Nov - Participation in Anand Rathi Annual Flagship Conference.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Copy of Newspaper Publication for Record date for Issue of Bonus Equity Shares
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Nov 2024Transcript PPT REC
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Oct 2024TranscriptNotesPPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT REC
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Apr 2024TranscriptNotesPPT
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Sep 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023TranscriptPPT
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Jan 2023Transcript PPT
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Nov 2022Transcript PPT
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Sep 2022TranscriptNotesPPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jul 2021TranscriptPPT
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Jun 2019TranscriptNotesPPT
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May 2017TranscriptNotesPPT
Product Offerings
A) Pumps - Submersible pumps, Solar pumps, Vertical multistage centrifugal pumps, Mono end suction pumps, Pressure booster pumps, wastewater pumps, open well pumps, Helical pumps, etc.
B) Motors - Submersible motors, Enhanced efficiency system, Surface motors, Shakti slip start the synchronous motor.
C) Controllers - Universal solar pump controller, Shakti solar drive, Shakti elite soft starter, etc.
D) Others - Mechanical seal, Hydro pneumatic PLC parameter setting manual & booster system. [1]