Shakti Pumps (India) Limited has reported robust financial growth for the financial year ended March 31, 2026. The company achieved a consolidated annual revenue of Rs. 2,697.61 crore and a consolidated net profit of Rs. 257.58 crore. Alongside these results, the Board has recommended a final dividend of Rs. 1 per share (10% on face value) and confirmed the upcoming 31st Annual General Meeting to be held on August 5, 2026.
Financial Performance Highlights
For the financial year ending March 31, 2026, Shakti Pumps posted impressive consolidated figures, reporting total revenue from operations of Rs. 2,697.61 crore compared to Rs. 2,516.24 crore in the previous fiscal year. Consolidated profit before tax stood at Rs. 359.15 crore, while the profit for the year reached Rs. 257.58 crore.
Dividend Recommendation and Record Date
Reflecting the company’s commitment to shareholder value, the Board has recommended a final dividend of Rs. 1 per equity share of face value Rs. 10 each (10%). The record date for determining member eligibility for the dividend has been set for Wednesday, July 29, 2026, pending final approval at the Annual General Meeting.
Strategic Leadership and Governance
The Board has approved the reappointment of key leadership to steer the company’s future. Mr. Dinesh Patidar has been reappointed as Chairman cum Whole-time Director, and Mr. Ramesh Patidar has been reappointed as Managing Director, both for a new term of three years commencing May 7, 2026. Furthermore, the company has appointed M/s. M.P. Turakhia & Associates as Cost Auditor for the 2026-27 financial year.
Annual General Meeting
The company will convene its 31st Annual General Meeting (AGM) on Wednesday, August 5, 2026. The meeting will be conducted via video conferencing and other audio-visual means, ensuring shareholder participation in the approval of the dividend and other key corporate reports for the financial year.
Source: BSE
