NSEI:SHAKTIPUMP

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Executive Summary

Shakti Pumps (India) Limited manufactures and sells submersible pumps and motors under the Shakti brand name in India. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.9%

SHAKTIPUMP

1.1%

IN Machinery

-0.6%

IN Market


1 Year Return

-11.0%

SHAKTIPUMP

-3.5%

IN Machinery

0.9%

IN Market

Return vs Industry: SHAKTIPUMP underperformed the Indian Machinery industry which returned -2.1% over the past year.

Return vs Market: SHAKTIPUMP underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

SHAKTIPUMPIndustryMarket
7 Day-10.9%1.1%-0.6%
30 Day36.2%1.0%4.0%
90 Day33.7%10.5%5.7%
1 Year-11.0%-11.0%-1.8%-3.5%2.6%0.9%
3 Year-49.0%-50.3%-22.6%-26.0%-2.8%-7.4%
5 Year67.4%60.8%4.6%-2.3%39.9%29.5%

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

Valuation

Is Shakti Pumps (India) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHAKTIPUMP (₹232.45) is trading below our estimate of fair value (₹1324.09)

Significantly Below Fair Value: SHAKTIPUMP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SHAKTIPUMP is poor value based on its PE Ratio (111.1x) compared to the IN Machinery industry average (18.7x).

PE vs Market: SHAKTIPUMP is poor value based on its PE Ratio (111.1x) compared to the Indian market (16.5x).


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 (1.4x) compared to the IN Machinery industry average (1.1x).


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?

23.9%

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

Past Performance

How has Shakti Pumps (India) performed over the past 5 years?

-15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHAKTIPUMP has high quality earnings.

Growing Profit Margin: SHAKTIPUMP's current net profit margins (0.8%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: SHAKTIPUMP's earnings have declined by 15.9% 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 (-87.5%) over the past year, making it difficult to compare to the Machinery industry average (-19.2%).


Return on Equity

High ROE: SHAKTIPUMP's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is Shakti Pumps (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: SHAKTIPUMP's short term assets (₹4.1B) exceed its short term liabilities (₹2.6B).

Long Term Liabilities: SHAKTIPUMP's short term assets (₹4.1B) exceed its long term liabilities (₹353.0M).


Debt to Equity History and Analysis

Debt Level: SHAKTIPUMP's debt to equity ratio (55.6%) is considered high.

Reducing Debt: SHAKTIPUMP's debt to equity ratio has increased from 50.4% to 55.6% over the past 5 years.

Debt Coverage: SHAKTIPUMP's debt is well covered by operating cash flow (49.2%).

Interest Coverage: SHAKTIPUMP's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Shakti Pumps (India) current dividend yield, its reliability and sustainability?

2.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SHAKTIPUMP's dividend (2.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: SHAKTIPUMP's dividend (2.24%) is low compared to the top 25% of dividend payers in the Indian market (2.28%).


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: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?

7.4yrs

Average management tenure


CEO

Dinesh Patidar (58 yo)

13.92yrs

Tenure

₹31,203,185

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 ($USD422.68K) is above average for companies of similar size in the Indian market ($USD54.90K).

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

NamePositionTenureCompensationOwnership
Dinesh Patidar
Chairman & MD13.92yrs₹31.20m23.37%
₹ 1.0b
Dinesh Patel
Chief Financial Officer1.58yrs₹2.00mno data
Ravi Patidar
Company Secretary & Compliance Officer4yrs₹1.19mno data
Ramesh Patidar
Whole Time Director14yrs₹4.17m0.42%
₹ 18.1m
Sunil Patidar
Whole Time Director25.5yrs₹1.29m8.5%
₹ 367.7m
Ankit Patidar
Deputy General Manager of Marketing10.75yrsno data8.16%
₹ 353.0m
B. Patidar
Finance Controllerno datano datano data

7.4yrs

Average Tenure

51yo

Average Age

Experienced Management: SHAKTIPUMP's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dinesh Patidar
Chairman & MD13.92yrs₹31.20m23.37%
₹ 1.0b
Ramesh Patidar
Whole Time Director14yrs₹4.17m0.42%
₹ 18.1m
Sunil Patidar
Whole Time Director25.5yrs₹1.29m8.5%
₹ 367.7m
Navin Patwa
Independent Director8.75yrs₹250.00kno data
Nishtha Neema
Women Independent Director5.58yrs₹250.00kno data
Pramod Bhavsar
Independent Director3.42yrs₹200.00kno data
Keyur Thaker
Independent Director1.33yrs₹150.00kno data

7.2yrs

Average Tenure

47yo

Average Age

Experienced Board: SHAKTIPUMP's board of directors are considered experienced (7.2 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: ₹4.326b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531431BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
SHAKTIPUMPNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Shakti Pumps (India) Limited manufactures and sells submersible pumps and motors under the Shakti brand name in India. The company operates through 4 segments: Government Solar, OEM, Exports, and Domestic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 13:04
End of Day Share Price2020/10/23 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.