Interim report
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Date: ‐ 24/07/2026 To, The Secretary, Listing Department National Stock Exchange of India Ltd. Exchange plaza, BKC, Bandra (E) Mumbai ‐ MH 400051. To, The Secretary, Corporate Relationship Department BSE Limited P. J. Towers, Dalal Street Mumbai‐ MH 400001. REF: ‐(ISIN‐ INE908D01010) SCRIP CODE BSE‐531431, NSE Symbol ‐SHAKTIPUMP Subject: ‐ Outcome of the Board Meeting of the Company held on July 24, 2026. Dear Sir/Madam, With reference to the subject cited above and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requireme nts) Regulations, 2015, we hereby inform that the Board of Directors of Shakti Pumps (India) Limited at its Meeting held today i.e. Friday, July 24, 2026 through video conferencing have inter‐alia transacted the following business: 1. Considered and approved the Un-audited Consolidated and Standalone Financial Results of the Company for the quarter ended June 30, 2026, along with Limited Review Report. Pursuant to Regulation 30, 33 and 52 read with Schedule III of the Listing Regulations, we enclose herewith copy of the Un‐audited Financial Results (Consolidated and Standalone) of the Company along with the Limited Review Report of the Auditors. The Board Meeting commenced at 03:00 P.M. and concluded at 03:53 P.M. This is for your information and records. Thanking You Yours faithfully, For Shakti Pumps (India) Limited Ravi Patidar Company Secretary Encl.: As above
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Price Waterhouse Chartered Accountants LLP ǡʹͷʹǡǡǡȋȌǡ ǦͶͲͲͲʹͺ ǣΪͻͳȋʹʹȌͻͷͳͲ Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registrat ion number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors Shakti Pumps (India) Limited Plot No. 401, 402 & 413, Sector III, Industrial Area Pithampur, Pithampur, Madhya Pradesh - 454774 1. We have reviewed the consolidated unaudited financial results of Shakti Pumps (India) Limited (the “Holding Company”) and its five subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the “Group”) (refer paragraph 4 belo w), for the quarter ended June 30, 2026 which are included in the accompanying ‘Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2026’ (the “Statement”). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015”), which has been digitally signed by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company’s Management and has been approved by the Holding Company’s Board of Direct ors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally acce pted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in acco rdance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assuranc e as to whether the Statement is free of material misstatement. A review of interim financial informat ion consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applyi ng analytical and other review procedures. A review is substantially less in scop e than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identifi ed in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the Holding Company and its following subsidiaries: x Shakti Energy Solutions Limited x Shakti EV Mobility Private Limited x Shakti Pumps FZE x Shakti Pumps USA, LLC x Shakti Pumps (Bangladesh) Limited
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Price Waterhouse Chartered Accountants LLP To the Board of Directors of Shakti Pumps (India) Limited Review Report on the Unaudited Consolidated Financial Results Page 2 of 3 5. Based on our review conducted and procedures perf ormed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accomp anying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting St andard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The interim financial information of two subsidiaries reflect total revenue from operations of Rs. 206.83 crores, profit after tax (net) of Rs. 6.19 crores and total comprehensive income (net) of Rs. 6.19 crores, for the quarter ended June 30, 2026, as co nsidered in the Statement. The interim financial information of the said subsidiaries have been revi ewed by the other auditors in accordance with SRE 2410 “Review of Interim Financial Information Perf ormed by the Independent Auditor of the Entity” and their reports, vide which they have issued an unmodified conclusion, have been furnished to us by the Holding Company’s Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. The interim financial information of two subsidiari es incorporated outside India reflect total revenue from operations of Rs. 34.96 crores, profit after tax of Rs. 6.31 crores, and total comprehensive income of Rs. 7.11 crores for the quarter ended June 30, 20 26, as considered in the Statement. The interim financial information of the said subsidiaries have been prepared in accordance with accounting principles generally accepted in the subsidiaries’ country of incorporation which have been reviewed by the auditor of the said subsidiaries under the Inte rnational Standard on Review Engagements (ISRE) 2410 “Review of Interim Financial Information Perf ormed by the Independent Auditor of the Entity”, and upon which the subsidiaries’ auditor vide their review report has issued an unmodified conclusion. The Holding Company’s Management has converted the interim financial information of the said subsidiaries from the accounting principles generally accepted in the subsidiaries’ country of incorporation to the accounting principles genera lly accepted in India. We have reviewed these conversion adjustments made by the Holding Co mpany’s Management. Our conclusion on the Statement, in so far as it relates to the amount s and disclosures included in respect of the said subsidiaries is based on the review report of the other auditors and th e conversion adjustments prepared by the Holding Company’s Management as reviewed by us and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matters.
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Price Waterhouse Chartered Accountants LLP To the Board of Directors of Shakti Pumps (India) Limited Review Report on the Unaudited Consolidated Financial Results Page 3 of 3 7. The consolidated unaudited financial results include the interim financial information of one subsidiary which have not been reviewed by their auditors, whose interim financial information reflect total revenue from operations of Rs. Nil crores, loss after tax of Rs. 0.03 crores and total comprehensive loss of Rs. 0.08 crores for the quarter ended June 30, 20 26, as considered in the Statement. According to the information and explanations given to us by the Holding Company’s Management, these interim financial information are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Ali Akbar Place: Mumbai Partner Date: July 24, 2026 Membership Number: 117839 UDIN: 26117839AAQCLA4740 ALI AKBAR Digitally signed by ALI AKBAR Date: 2026.07.24 17:19:18 +05'30'
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Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Unaudited (Refer note 4) Unaudited Audited I Revenue from operations 858.67 857.77 622.50 2,697.61 II Other income 10.34 9.70 1.90 24.84 III Total Income (I+II) 869.01 867.47 624.40 2,722.45 IV Expenses Cost of materials consumed 571.24 609.25 438.25 1,943.88 Changes in inventories of finished goods and work-in-progress 57.84 22.75 (42.08) (90.53) Employee benefits expense 39.98 36.08 29.73 140.95 Finance costs 14.57 17.90 9.76 59.07 Depreciation and amortisation expense 7.58 8.74 6.05 28.32 Other expenses 106.75 106.54 53.03 281.61 Total Expenses (IV) 797.96 801.26 494.74 2,363.30 V Profit before tax (III-IV) 71.05 66.21 129.66 359.15 VI Tax Expense: (1) Current Tax 19.49 18.51 35.39 98.66 (2) Deferred Tax Charge/(Credit) (0.03) 9.37 (2.56) 2.91 Total tax expenses (VI) 19.46 27.88 32.83 101.57 VII Profit for the period/year (V-VI) 51.59 38.33 96.83 257.58 VIII Other Comprehensive Income/(loss) for the period/year (1) Items that will not be reclassified to profit or loss Re-measurement gains/(loss) on defined benefit plans 0.45 0.47 0.11 1.80 Income tax relating to items that will not be reclassified to profit or loss (0.11) (0.12) (0.03) (0.45) (2) Items that may be reclassified to profit or loss Exchange differences on translation of foreign operations 0.78 2.35 0.27 5.25 lncome tax relating to items that may be reclassified to profit or loss (0.01) (0.01) - (0.04) Total Other Comprehensive Income for the period/year (VIII) 1.11 2.69 0.35 6.56 IX Total Comprehensive Income for the period/year (VII+VIII) 52.70 41.02 97.18 264.14 X Paid-up equity share capital 123.40 123.40 120.21 123.40 (Face Value: Rs.10/- per share) XI Other Equity 1,582.16 XII Earnings per equity share (in Rupees) (Not annualised except year end) (1) Basic 4.18 3.11 8.05 21.02 (2) Diluted 4.18 3.10 8.05 21.00 Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 S.No (Rs. in crores, unless otherwise stated) Particulars SHAKTI PUMPS (INDIA) LIMITED CIN: L29120MP1995PLC009327 Regd. Office: Plot No. 401, 402 & 413, Sector-III, Industrial Area Pithampur, Madhya Pradesh - 454774 Quarter ended
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Notes: 1 Standalone financial information of the Company: Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Unaudited (Refer note 4) Unaudited Audited Total Income 831.78 852.81 612.70 2,680.48 Profit before interest, depreciation and tax (PBIDT) 74.38 73.61 138.55 407.69 Profit before tax 58.94 53.39 125.45 336.73 Profit after tax 42.99 29.13 94.41 243.79 2 3 4 5 For Shakti Pumps (India) Limited Place: Indore Dinesh Patidar Date: July 24, 2026 Chairman & Whole Time Director (DIN 00549552) Particulars The above Consolidated results of Shakti Pumps (India) Limited and its branch (the 'Company') and its Subsidiaries (together referred to as 'Group') were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 24, 2026. The Statutory Auditors of the Company have conducted a "Limited Review" of the above Unaudited Consolidated Financial Results for the quarter ended June 30, 2026. Previous period figures have been reclassified, wherever necessary, to conform with current period’s classification. The figures of the quarter ended March 31, 2026 are balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the financial year ended March 31, 2026. Quarter ended The above consolidated financial results of the Group have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India. Dinesh Patidar Digitally signed by Dinesh Patidar DN: c=IN, o=Personal, pseudonym=13baf6cae348489197bef7bbb1 de8442, 2.5.4.20=9f2e9dc7d1a7bec19c5de524b96b1e 1dc0bd3c64f9e320e45aef5b2bc4c1755e, postalCode=452020, st=Madhya Pradesh, serialNumber=16f1dfcf719ba7254f420f01b47 79c29daa9e038864dee98f7dee6ea4e40d572, cn=Dinesh Patidar Date: 2026.07.24 16:32:04 +05'30' ALI AKBAR Digitally signed by ALI AKBAR Date: 2026.07.24 17:17:40 +05'30'
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Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Unaudited (Refer note 4) Unaudited Audited 1. Segment Revenue India 852.15 856.92 617.49 2,688.93 Overseas Subsidiaries 34.95 25.94 31.09 109.99 Total Segment Revenue 887.10 882.86 648.58 2,798.92 Inter segment sales (18.09) (15.39) (24.18) (76.47) Income from operations 869.01 867.47 624.40 2,722.45 2. Segment Results Profit before finance costs & tax India 77.93 80.93 135.76 403.64 Overseas Subsidiaries 7.69 3.18 3.66 14.58 Total 85.62 84.11 139.42 418.22 Less: Finance Cost 14.57 17.90 9.76 59.07 Profit before Tax 71.05 66.21 129.66 359.15 3. Capital Employed Segment Assets India 3,099.70 2,971.57 2,295.96 2,971.57 Overseas Subsidiaries 76.90 76.81 70.72 76.81 Total Segment Assets 3,176.60 3,048.38 2,366.68 3,048.38 Segment Liabilities India 1,409.44 1,333.02 1,097.78 1,333.02 Overseas Subsidiaries 8.28 9.80 9.68 9.80 Total Segment Liabilities 1,417.72 1,342.82 1,107.46 1,342.82 Net Capital Employed (Segment Assets-Segment Liabilities) India 1,690.26 1,638.55 1,198.18 1,638.55 Overseas Subsidiaries 68.62 67.01 61.04 67.01 Total Capital Employed 1,758.88 1,705.56 1,259.22 1,705.56 For Shakti Pumps (India) Limited Place: Indore Dinesh Patidar Date: July 24, 2026 Chairman & Whole Time Director (DIN 00549552) Particulars SHAKTI PUMPS (INDIA) LIMITED CIN: L29120MP1995PLC009327 Consolidated Segment Information (Rs. in crores, unless otherwise stated) Quarter ended Dinesh Patidar Digitally signed by Dinesh Patidar DN: c=IN, o=Personal, pseudonym=13baf6cae348489197bef7bbb1de 8442, 2.5.4.20=9f2e9dc7d1a7bec19c5de524b96b1e1 dc0bd3c64f9e320e45aef5b2bc4c1755e, postalCode=452020, st=Madhya Pradesh, serialNumber=16f1dfcf719ba7254f420f01b477 9c29daa9e038864dee98f7dee6ea4e40d572, cn=Dinesh Patidar Date: 2026.07.24 16:32:26 +05'30' ALI AKBAR Digitally signed by ALI AKBAR Date: 2026.07.24 17:18:25 +05'30'
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Price Waterhouse Chartered Accountants LLP ǡʹͷʹǡǡǡȋȌǡ ǦͶͲͲͲʹͺ ǣΪͻͳȋʹʹȌͻͷͳͲ Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterh ouse Chartered Accountants LLP (a Limited Liability Partnershi p with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its co nversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (ICAI registration number before conversion was 012754N) Review Report To The Board of Directors Shakti Pumps (India) Limited Plot No. 401, 402 & 413, Sector III, Industrial Area Pithampur, Pithampur, Madhya Pradesh - 454774 1. We have reviewed the standalone unaudited financ ial results of Shakti Pumps (India) Limited (the “Company”) which includes one branch located in Uganda, for the quarter ended June 30, 2026 which are included in the accompanying ‘Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026’ (the “Stateme nt”). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regula tions, 2015”), which has been digitally signed by us for identification purposes. 2. This Statement, which is the responsibility of th e Company’s Management and approved by the Board of Directors, has been prepared in accordance wi th the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in acco rdance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assuranc e as to whether the Statement is free of material misstatement. A review of interim financial informat ion consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applyi ng analytical and other review procedures. A review is substantially less in scop e than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matte rs that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepar ed in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.
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Price Waterhouse Chartered Accountants LLP To the Board of Directors of Shakti Pumps (India) Limited Review Report on the Unaudited Standalone Financial Results Page 2 of 2 5. The interim financial information of one branch re flect total revenue from operations of Rs. 4.82 crores, loss after tax of Rs. 0.37 crores and total comprehensive loss of Rs. 0.33 crores for the quarter ended June 30, 2026, as considered in the Statem ent. The interim financial information of this branch has been reviewed by the branch auditors and their report vide which they have issued an unmodified conclusion on those interim financia l information has been furnished to us by the Company’s Management, and our conclusion on the Stat ement, in so far as it relates to the amounts and disclosures included in respect of this branch, is based on the report of such branch auditors, who carried out their review in accordance with Inte rnational Standard on Review Engagements (ISRE) 2410 “Review of Interim Financial Information Perf ormed by the Independent Auditor of the Entity” and issued their unmodified conclusion vide thei r report as provided to us by the Company’s Management and the procedures performed by us. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Ali Akbar Place: Mumbai Partner Date: July 24, 2026 Membership Number: 117839 UDIN: 26117839NWFMQP4822 ALI AKBAR Digitally signed by ALI AKBAR Date: 2026.07.24 17:15:33 +05'30'
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Year ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 Unaudited Unaudited (Refer note 3) Unaudited Audited I Revenue from operations 816.28 842.36 605.51 2,643.11 II Other income 15.50 10.45 7.19 37.37 III Total Income (I+II) 831.78 852.81 612.70 2,680.48 IV Expenses Cost of materials consumed 566.90 633.69 441.19 1,970.46 Changes in inventories of finished goods and work-in-progress 56.02 15.29 (40.71) (77.91) Employee benefits expense 33.58 30.19 25.23 119.56 Finance costs 10.13 15.04 8.27 50.66 Depreciation and amortisation expense 5.31 5.18 4.83 20.30 Other expenses 100.90 100.03 48.44 260.68 Total Expenses (IV) 772.84 799.42 487.25 2,343.75 V Profit before tax (III-IV) 58.94 53.39 125.45 336.73 VI Tax Expense: (1) Current Tax 15.09 14.72 32.86 88.41 (2) Deferred Tax Charge/(Credit) 0.86 9.54 (1.82) 4.53 Total tax expenses (VI) 15.95 24.26 31.04 92.94 VII Profit for the period/year (V-VI) 42.99 29.13 94.41 243.79 VIII Other Comprehensive Income/(loss) for the period/year (1) Items that will not be reclassified to profit or loss Re-measurement gains/(loss) on defined benefit plans 0.44 0.43 0.11 1.76 Income tax relating to items that will not be reclassified to profit or loss (0.11) (0.11) (0.03) (0.44) (2) Items that may be reclassified to profit or loss Exchange differences on translation of foreign operations 0.03 0.03 - 0.16 lncome tax relating to items that ma y be reclassified to profit or loss (0.01) (0.01) - (0.04) Total Other Comprehensive Income/(loss) for the period/year (VIII) 0.35 0.34 0.08 1.44 IX Total Comprehensive Income for the period/year (VII+VIII) 43.34 29.47 94.49 245.23 Paid-up equity share capital 123.40 123.40 120.21 123.40 (Face value: Rs.10/- per share) XI Other Equity 1,461.87 Earnings per equity share (in Rupees) (Not annualised except year end) (1) Basic 3.48 2.36 7.85 19.89 (2) Diluted 3.48 2.36 7.85 19.88 Notes: 1 2 3 4 5 For Shakti Pumps (India) Limited Place: Indore Dinesh Patidar Date: July 24, 2026 Chairman & Whole Time Director (DIN 00549552) Previous period figures have been reclassified, wherever necessary, to conform with current period’s classification. Since the segment information as per Ind AS 108 “Operating Segments” is provided on the basis of consolidated financial results, the same is not provided separately in the standalone financial results. The above results of the Company have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and the other accounting principles generally accepted in India. The figures for the quarter ended March 31, 2026 are balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the financial year ended March 31, 2026. i h d d h h d k i li ibl l d h X XII The above results of Shakti Pumps (India) Limited and its branch (together referred to as 'Company') were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on Juy 24, 2026. The Statutory Auditors of the Company have conducted a "Limited Review" of the above Unaudited Standalone Financial Results for the quarter ended June 30, 2026. (Rs. in crores, unless otherwise stated) SHAKTI PUMPS (INDIA) LIMITED Regd. Office: Plot No. 401, 402 & 413, Sector-III, Industrial Area Pithampur, Madhya Pradesh - 454774 CIN: L29120MP1995PLC009327 Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026 S.No Particulars Quarter ended Dinesh Patidar Digitally signed by Dinesh Patidar DN: c=IN, o=Personal, pseudonym=13baf6cae348489197bef7bbb 1de8442, 2.5.4.20=9f2e9dc7d1a7bec19c5de524b96b 1e1dc0bd3c64f9e320e45aef5b2bc4c1755e, postalCode=452020, st=Madhya Pradesh, serialNumber=16f1dfcf719ba7254f420f01b 4779c29daa9e038864dee98f7dee6ea4e40d 572, cn=Dinesh Patidar Date: 2026.07.24 16:31:29 +05'30' ALI AKBAR Digitally signed by ALI AKBAR Date: 2026.07.24 17:14:41 +05'30'