Shakti Pumps (India)
Market Cap
₹4.6b
Last Updated
2020/02/21 13:03 UTC
Data Sources
Company Financials
Executive Summary
Shakti Pumps (India) Limited manufactures and sells submersible pumps and motors under the Shakti brand name in India.
Risk Analysis
Snowflake Analysis
Questionable track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Shakti Pumps (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHAKTIPUMP has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.4%
SHAKTIPUMP
-0.05%
IN Machinery
-0.7%
IN Market
1 Year Return
-33.4%
SHAKTIPUMP
0.1%
IN Machinery
10.0%
IN Market
Return vs Industry: SHAKTIPUMP underperformed the Indian Machinery industry which returned 0.1% over the past year.
Return vs Market: SHAKTIPUMP underperformed the Indian Market which returned 10% over the past year.
Shareholder returns
| SHAKTIPUMP | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -0.05% | -0.7% |
| 30 Day | -7.2% | -1.0% | -0.3% |
| 90 Day | 9.3% | 5.9% | 3.2% |
| 1 Year | -32.3%-33.4% | 1.6%0.1% | 12.0%10.0% |
| 3 Year | 57.9%53.3% | 3.5%-0.4% | 23.9%17.1% |
| 5 Year | 16.0%9.6% | 21.5%14.6% | 38.3%25.6% |
Price Volatility Vs. Market
How volatile is Shakti Pumps (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Why Shakti Pumps (India) Limited's (NSE:SHAKTIPUMP) CEO Pay Matters To You2 weeks ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At Shakti Pumps (India) Limited's (NSE:SHAKTIPUMP) P/E Ratio3 weeks ago | Simply Wall St
What Kind Of Shareholders Own Shakti Pumps (India) Limited (NSE:SHAKTIPUMP)?Valuation
Is Shakti Pumps (India) undervalued compared to its fair value and its price relative to the market?
52.92x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SHAKTIPUMP (₹247.75) is trading above our estimate of fair value (₹46.95)
Significantly Below Fair Value: SHAKTIPUMP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SHAKTIPUMP is poor value based on its PE Ratio (52.9x) compared to the Machinery industry average (14.9x).
PE vs Market: SHAKTIPUMP is poor value based on its PE Ratio (52.9x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHAKTIPUMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHAKTIPUMP is overvalued based on its PB Ratio (1.6x) compared to the IN Machinery industry average (1.2x).
Next Steps
Future Growth
How is Shakti Pumps (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
16.7%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shakti Pumps (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of SHAKTIPUMP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Shakti Pumps (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Shakti Pumps (India) performed over the past 5 years?
13.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHAKTIPUMP has high quality earnings.
Growing Profit Margin: SHAKTIPUMP's current net profit margins (1.9%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: SHAKTIPUMP's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: SHAKTIPUMP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHAKTIPUMP had negative earnings growth (-77.4%) over the past year, making it difficult to compare to the Machinery industry average (-6.2%).
Return on Equity
High ROE: SHAKTIPUMP's Return on Equity (3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Shakti Pumps (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: SHAKTIPUMP's short term assets (₹3.8B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: SHAKTIPUMP's short term assets (₹3.8B) exceed its long term liabilities (₹404.1M).
Debt to Equity History and Analysis
Debt Level: SHAKTIPUMP's debt to equity ratio (61.4%) is considered high.
Reducing Debt: SHAKTIPUMP's debt to equity ratio has increased from 55.4% to 61.4% over the past 5 years.
Debt Coverage: SHAKTIPUMP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHAKTIPUMP's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Inventory Level: SHAKTIPUMP has a high level of physical assets or inventory.
Debt Coverage by Assets: SHAKTIPUMP's debt is covered by short term assets (assets are 2.1x debt).
Next Steps
Dividend
What is Shakti Pumps (India)'s current dividend yield, its reliability and sustainability?
2.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHAKTIPUMP's dividend (2.02%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: SHAKTIPUMP's dividend (2.02%) is low compared to the top 25% of dividend payers in the Indian market (2.56%).
Stability and Growth of Payments
Stable Dividend: SHAKTIPUMP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHAKTIPUMP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (106.8%), SHAKTIPUMP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.7yrs
Average management tenure
CEO
Dinesh Patidar (57yo)
13.3yrs
Tenure
₹23,250,000
Compensation
Mr. Dinesh Patidar has been the Managing Director of Shakti Pumps (India) Limited since November 2006. Mr. Patidar serves as the Chairman and Executive Director of Shakti Pumps (India) Limited since April ...
CEO Compensation Analysis
Compensation vs Market: Dinesh's total compensation ($USD323.35K) is above average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Dinesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 13.3yrs | ₹23.25m | 23.07% ₹1.1b | |
| Company Secretary & Compliance Officer | 3.3yrs | ₹880.80k | no data | |
| Whole Time Director | 13.3yrs | ₹3.76m | 0.42% ₹19.0m | |
| Whole Time Director | 24.8yrs | ₹2.37m | 8.5% ₹387.1m | |
| Chief Financial Officer | 0.9yrs | no data | no data | |
| Deputy General Manager of Marketing | 10.1yrs | no data | 8.16% ₹371.7m | |
| Finance Controller | 0yrs | no data | no data |
6.7yrs
Average Tenure
50yo
Average Age
Experienced Management: SHAKTIPUMP's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 13.3yrs | ₹23.25m | 23.07% ₹1.1b | |
| Whole Time Director | 13.3yrs | ₹3.76m | 0.42% ₹19.0m | |
| Whole Time Director | 24.8yrs | ₹2.37m | 8.5% ₹387.1m | |
| Independent Director | 8.1yrs | ₹120.00k | no data | |
| Nominee Director | 5.2yrs | no data | no data | |
| Women Independent Director | 4.9yrs | ₹120.00k | no data | |
| Independent Director | 2.8yrs | ₹120.00k | no data | |
| Additional Independent Director | 0.7yrs | no data | no data |
5.2yrs
Average Tenure
47yo
Average Age
Experienced Board: SHAKTIPUMP's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shakti Pumps (India) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shakti Pumps (India) Limited
- Ticker: SHAKTIPUMP
- Exchange: NSEI
- Founded: 1982
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹4.555b
- Shares outstanding: 18.38m
- Website: https://www.shaktipumps.com
Location
- Shakti Pumps (India) Limited
- Plot No. 401, 402, 413
- Sector 3
- Pithampur
- Madhya Pradesh
- 454774
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 531431 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2002 |
| SHAKTIPUMP | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2002 |
Biography
Shakti Pumps (India) Limited manufactures and sells submersible pumps and motors under the Shakti brand name in India. Its products include submersible, solar, vertical multistage centrifugal, single shaft vertical multistage, pressure booster, end suction, waste water, immersible, open well, self-priming, and slow speed pumps, as well as submersible motors, hydro-pneumatic booster systems, starters, valves, and drips. The company also provides support services. Its pumps are used for agricultural, industrial, horticultural, and domestic applications. The company also exports its products to approximately 100 countries. Shakti Pumps (India) Limited was founded in 1982 and is headquartered in Pithampur, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 13:03 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.