About Shakti Pumps (India) Limited

Shakti Pumps (India) Limited is a four-decade-old integrated manufacturer of pumps, motors, controllers, variable frequency drives (VFDs) and inverters, with a strong focus on solar-powered water solutions for agriculture and allied uses . The company began as an SSI unit in 1982, set up a full-fledged manufacturing unit in 1986, and listed on the Bombay Stock Exchange in 1996. Milestones include CE marking for exports in 2003, a separate SEZ unit in 2008, becoming the first pump company to receive a 5-Star BEE rating in 2009, launching solar pumps in 2014, and receiving DSIR recognition for R&D in 2018. Commercial production commenced in 1995, and the nature of industry is “Manufacturing of Submersible Pumps and Motors”.

Shakti offers end-to-end solar pumping systems and water management solutions, supported by in-house manufacturing and a remote monitoring mobile app that enables users to control pumps and protect against dry runs. The company also undertakes installation and maintenance services on certain products as part of customer contracts  . Its installed capacity stands at 5,00,000 pumps and motors annually, underpinned by integrated, backward-linked operations at Pithampur, Madhya Pradesh .

Shakti Pumps (India) Limited Geographic Presence

Shakti serves 100+ countries, with a mapped presence across North America (4 countries), Europe (26), Middle East (26), Africa (29), Oceania (3) and Asia (15). It also operates a branch in Uganda and wholly owned subsidiaries overseas, reflecting a broad international footprint. As on March 31, 2025, the company has five subsidiaries. 

Shakti Pumps (India) Limited Milestone

Key milestones include recognition as an Innovative Energy Saving Product Company (2019), the roll-out of Plug N Play Pump and entry into EV solutions (2021), commencement of Uganda operations for solar pumping (2023), multiple patent grants (2024), and employer recognitions in 2025.

Shakti Pumps (India) Limited’s Business Segments

Domestic vs. international: Exports contributed 17.4% of revenue in FY 2024–25.

Shakti Pumps (India) Limited Key Management

• Dinesh Patidar – Chairman cum Whole Time Director
• Ramesh Patidar – Managing Director
• Sunil Patidar – Whole Time Director
• Ashwin Bhootda – Whole Time Director
• Dinesh Patel – Chief Financial Officer
• Ravi Patidar – Company Secretary

Latest Updates on Shakti Pumps (India) Limited

• Strategic fund-raising: The company completed Qualified Institutional Placements of Rs 200 crore in 2024 and Rs 292.6 crore in 2025 to strengthen capacity and automation at Pithampur.
• Patents and R&D: Seven new patents were received in 2024, taking the total to 15, spanning innovations across motor control, soft starters, helical pump assemblies and more.
• Capacity and order visibility: Installed capacity is 5,00,000 pumps and motors annually, and the order book stood at Rs 1,654.6 crore, supported by key government-led solarisation programmes.
• Digital and service innovation: The “Shakti Remote Monitoring System” mobile app offers intelligent pump automation and long-term service support to farmers and customers.
• Global footprint: An international project in Uganda is under progress, underscoring a widening presence in Africa alongside operations across 100+ countries.
• EV mobility vertical: Through a wholly owned subsidiary, Shakti is developing EV motors, controllers and chargers; a board-approved investment of Rs 114.3 crore (with Rs 50 crore deployed) and a patent on permanent magnet rotor stack assembly highlight progress.
• Recognition: The company was certified as a “Great Place to Work” and received the Madhya Pradesh Best Employer Award in 2025. Credit rating stood at IND AA- (Stable) during the year.