Can Shakti Pumps Benefit From India’s Solar Irrigation & PM-KUSUM Push?
Shakti Pumps Share Price Target : India’s renewable energy and agriculture sectors are undergoing a major transformation. Rising power costs, water scarcity, and strong government support for solar irrigation are creating long-term opportunities for energy-efficient equipment manufacturers.
One of the biggest beneficiaries of this shift is Shakti Pumps (India) Limited, a leading manufacturer of solar and energy-efficient pumping solutions. The company plays a crucial role in the PM-KUSUM scheme, which aims to promote solar-powered pumps for farmers across India.
In this article, we cover:
- What Shakti Pumps does
- Why Shakti Pumps is important for India’s clean energy mission
- Shakti Pumps fundamental analysis
- Shakti Pumps share price target from 2026 to 2030
- Long-term outlook and risks
What Does Shakti Pumps Do?
Shakti Pumps manufactures a wide range of pumping and motor solutions used across agriculture and industry.
Key product segments include:
- Solar-powered water pumps
- Submersible pumps
- Agricultural and irrigation pumps
- Industrial and wastewater pumps
- Firefighting and utility pumping systems
The company is a market leader in solar pumps and exports to several international markets, strengthening its global presence.
Why Shakti Pumps Is Important for the Renewable Energy Sector
Shakti Pumps benefits from multiple long-term structural trends:
- Strong government support via PM-KUSUM
- Rising adoption of solar irrigation by farmers
- Focus on energy efficiency and lower electricity costs
- Growing exports and global demand for solar pumps
- Alignment with India’s renewable and sustainability goals
As water management and clean energy become national priorities, Shakti Pumps stands at a strategic advantage.
Shakti Pumps Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalization | ₹9,164 Cr |
| ROE | 24.70% |
| P/E Ratio | 22.81 |
| P/B Ratio | 5.63 |
| Debt-to-Equity | 0.38 |
| EPS (TTM) | ₹32.56 |
| Dividend Yield | 0.13% |
| Book Value | ₹131.85 |
| Face Value | ₹10 |
High ROE and manageable debt indicate strong operational efficiency and improving financial health.
Shakti Pumps Share Price Target 2026
By 2026, Shakti Pumps is expected to benefit from rising solar pump installations under government subsidy programs.
- Minimum Target: ₹730
- Maximum Target: ₹790
Consistent order inflow from rural electrification and irrigation projects could support steady growth.
Shakti Pumps Share Price Target 2027
In 2027, expansion into new domestic and export markets may further strengthen revenue.
- Minimum Target: ₹790
- Maximum Target: ₹840
Improved production capacity and cost efficiency may boost profit margins.
Shakti Pumps Share Price Target 2028
By 2028, demand for solar pumps is likely to peak as renewable adoption accelerates.
- Minimum Target: ₹840
- Maximum Target: ₹890
Large government tenders and technological upgrades could drive earnings growth.
Shakti Pumps Share Price Target 2029
In 2029, Shakti Pumps may enter a phase of maturity with stable brand leadership.
- Minimum Target: ₹890
- Maximum Target: ₹940
Global sustainability initiatives and export growth may support valuations.
Shakti Pumps Share Price Target 2030
By 2030, Shakti Pumps could establish itself as a global leader in solar pumping solutions.
- Minimum Target: ₹950
- Maximum Target: ₹1050
Digital integration, innovation, and long-term contracts may deliver strong returns to long-term investors.
Shakti Pumps Share Price Target Table (2026–2030)
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹730 | ₹790 |
| 2027 | ₹790 | ₹840 |
| 2028 | ₹840 | ₹890 |
| 2029 | ₹890 | ₹940 |
| 2030 | ₹950 | ₹1050 |
Shakti Pumps Shareholding Pattern
| Category | Shareholding |
|---|---|
| Promoters | 50.30% |
| Retail & Others | 37.39% |
| Foreign Institutions | 5.60% |
| Mutual Funds | 6.59% |
| Other Domestic Institutions | 0.12% |
Healthy promoter holding and rising mutual fund interest reflect confidence in long-term growth.
Conclusion
Shakti Pumps is a high-quality renewable energy and agri-infrastructure stock aligned with India’s solar irrigation mission. Strong fundamentals, leadership in solar pumps, and policy tailwinds make it attractive for long-term investors. However, dependence on government subsidies and execution risks should be monitored carefully.
Disclaimer
This article is for educational and informational purposes only, not investment advice. Stock market investments are subject to market risk. Please consult a certified financial advisor before investing.
