Board Meeting Details

The Board of Directors meeting was held on October 23, 2026 through video conferencing, commencing at 03:00 PM and concluding at 04:05 PM.

Financial Results Overview

Consolidated Financial Results (Quarter Ended September 30, 2026):

  • Revenue from operations: ₹746.03 crore (Q2 FY26: ₹666.35 crore, Q1 FY27: ₹858.67 crore)
  • Total Income: ₹758.48 crore
  • Profit before tax: ₹49.53 crore (Q2 FY26: ₹121.52 crore, Q1 FY27: ₹71.05 crore)
  • Profit after tax: ₹38.51 crore (Q2 FY26: ₹90.71 crore, Q1 FY27: ₹51.59 crore)
  • Total Comprehensive Income: ₹39.86 crore
  • Basic EPS: ₹3.12 (Q2 FY26: ₹7.35, Q1 FY27: ₹4.18)
  • Diluted EPS: ₹3.12

Consolidated Financial Results (Half Year Ended September 30, 2026):

  • Revenue from operations: ₹1,604.70 crore (H1 FY26: ₹1,288.85 crore)
  • Total Income: ₹1,627.49 crore
  • Profit before tax: ₹120.58 crore (H1 FY26: ₹251.18 crore)
  • Profit after tax: ₹90.10 crore (H1 FY26: ₹187.54 crore)
  • Total Comprehensive Income: ₹92.56 crore
  • Basic EPS: ₹7.30 (H1 FY26: ₹15.40)
  • Diluted EPS: ₹7.30

Standalone Financial Results (Quarter Ended September 30, 2026):

  • Revenue from operations: ₹683.33 crore
  • Total Income: ₹702.56 crore
  • Profit before tax: ₹36.68 crore
  • Profit after tax: ₹31.03 crore
  • Basic EPS: ₹2.52
  • Diluted EPS: ₹2.52

Standalone Financial Results (Half Year Ended September 30, 2026):

  • Revenue from operations: ₹1,499.61 crore
  • Total Income: ₹1,534.34 crore
  • Profit before tax: ₹95.62 crore
  • Profit after tax: ₹74.02 crore
  • Basic EPS: ₹6.00
  • Diluted EPS: ₹6.00

Capital Structure

  • Paid-up equity share capital: ₹123.40 crore (Face Value: ₹10 per share)
  • Consolidated Other Equity: ₹1,663.74 crore as of September 30, 2026 (March 31, 2026: ₹1,582.16 crore)
  • Standalone Other Equity: ₹1,524.64 crore as of September 30, 2026 (March 31, 2026: ₹1,461.87 crore)

Dividend Information

Shareholders in the Annual General Meeting held on August 5, 2026 approved final dividend for the year ended March 31, 2026 of ₹12.34 crore (₹1 per share), which was paid by the Company during the current quarter.

Subsidiaries Information

The consolidated results include five subsidiaries:

1. Shakti Energy Solutions Limited

2. Shakti EV Mobility Private Limited

3. Shakti Pumps FZE

4. Shakti Pumps USA, LLC

5. Shakti Pumps (Bangladesh) Limited

Two subsidiaries with significant financials:

  • Total assets: ₹642.99 crore, Net assets: ₹352.68 crore as at September 30, 2026
  • Revenue: ₹330.02 crore (Q2 FY27), ₹536.85 crore (H1 FY27)
  • PAT: ₹3.61 crore (Q2 FY27), ₹9.80 crore (H1 FY27)

Two overseas subsidiaries:

  • Total assets: ₹93.17 crore, Net assets: ₹73.39 crore as at September 30, 2026
  • Revenue: ₹40.35 crore (Q2 FY27), ₹75.31 crore (H1 FY27)
  • PAT: ₹10.30 crore (Q2 FY27), ₹16.61 crore (H1 FY27)

One subsidiary not reviewed by auditors (immaterial to Group):

  • Total assets: ₹1.18 crore, Net assets: ₹(0.33) crore
  • Net loss: ₹Nil (Q2 FY27), ₹0.03 crore (H1 FY27)

Balance Sheet Position (Consolidated)

As at September 30, 2026:

  • Total Assets: ₹3,446.17 crore (March 31, 2026: ₹3,048.38 crore)
  • Non-current assets: ₹560.01 crore
  • Current assets: ₹2,886.16 crore
  • Inventories: ₹479.30 crore
  • Trade receivables: ₹1,963.64 crore
  • Cash and cash equivalents: ₹24.07 crore
  • Other bank balances: ₹221.20 crore
  • Total Equity: ₹1,787.14 crore
  • Total Liabilities: ₹1,659.03 crore
  • Borrowings: ₹938.96 crore (Non-current: ₹108.03 crore, Current: ₹830.93 crore)
  • Lease liabilities: ₹35.85 crore
  • Trade payables: ₹474.60 crore

Cash Flow Statement (Consolidated)

Half Year Ended September 30, 2026:

  • Net cash used in operating activities: ₹(448.10) crore
  • Net cash used in investing activities: ₹(73.63) crore
  • Net cash generated from financing activities: ₹427.79 crore
  • Net decrease in cash and cash equivalents: ₹(93.94) crore
  • Cash and cash equivalents at end: ₹24.07 crore

Segment Information

Revenue by Geography (Q2 FY27):

  • India: ₹743.41 crore
  • Overseas Subsidiaries: ₹40.34 crore
  • Total Segment Revenue: ₹783.75 crore
  • Inter-segment sales: ₹(25.27) crore

Segment Results (Q2 FY27):

  • India PBIDT: ₹55.55 crore
  • Overseas Subsidiaries PBIDT: ₹12.83 crore
  • Total PBIDT: ₹68.38 crore

Auditor Review

Price Waterhouse Chartered Accountants LLP conducted limited review of both consolidated and standalone financial results and issued unmodified conclusions. The review was conducted in accordance with SRE 2410 issued by ICAI.

Accounting Standards

The financial results have been prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013.

Previous Period Figures

Previous period figures have been reclassified, wherever necessary, to conform with current period's classification.