Shakti Pumps (India) Ltd's Q3FY25 Quarterly Results

Result Summary

• Shakti Pumps (India) Ltd reported a 1.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.3%.
• Its expenses for the quarter were up by 1.9% QoQ and 17.7% YoY.
• The net profit increased 2.6% QoQ and increased 130.3% YoY.
• The earnings per share (EPS) of Shakti Pumps (India) Ltd stood at 8.7 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shakti Pumps (India) Ltd is a prominent player in the manufacturing sector, specializing in the production of energy-efficient stainless steel pumps and motors. The company serves various industries including agriculture, residential, commercial, and industrial sectors. Shakti Pumps is known for its innovative approach, focusing on solar-powered pumps and sustainable energy solutions. The company has established a significant presence in both domestic and international markets, exporting its products to several countries. While specific recent developments are not provided here, Shakti Pumps generally continues to enhance its product offerings and expand its market reach.

Revenue

In Q3FY25, Shakti Pumps (India) Ltd reported a total income of ₹652.73 crores, reflecting a quarter-over-quarter (QoQ) increase of 1.9% from ₹640.32 crores in Q2FY25. The year-over-year (YoY) growth in total income was notable at 31.3%, up from ₹497.04 crores in Q3FY24. This increase indicates a significant upward trend in the company’s revenue performance over the year, driven by its diverse range of products and expanding market presence. The consistent growth in total income over both quarters and the entire year highlights the company’s sustained efforts in capturing market share and enhancing its revenue streams.

Profitability

For the third quarter of FY25, Shakti Pumps (India) Ltd achieved a profit before tax (PBT) of ₹141.55 crores, a 2.2% rise QoQ from ₹138.45 crores in the previous quarter. On a YoY basis, PBT rose dramatically by 125.6% from ₹62.75 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) stood at ₹104.05 crores, representing a 2.6% QoQ increase from ₹101.42 crores and a substantial 130.3% YoY jump from ₹45.19 crores. This indicates a strong profitability growth over the year, reflective of effective cost management and operational efficiencies. Tax expenses for the quarter were ₹37.50 crores, slightly up by 1.3% QoQ and a significant increase of 113.6% YoY.

Operating Metrics

The company's total expenses for Q3FY25 were recorded at ₹511.18 crores, marking a 1.9% increase QoQ from ₹501.87 crores and a 17.7% rise YoY from ₹434.29 crores. Despite the increase in expenses, Shakti Pumps maintained a robust profit margin due to its strong revenue growth. Earnings per Share (EPS) for Q3FY25 stood at ₹8.70, which was significantly lower than both the previous quarter’s ₹50.60 and the previous year’s ₹24.60, reflecting a notable decrease in per-share profitability metrics. This decline in EPS may be attributed to factors not detailed in the available data, such as changes in share count or other financial adjustments. Overall, the company exhibited strong financial performance with key metrics indicating positive operational outcomes.