Company has further received New Work Order from Madhya Pradesh Urja Vikas Nigam Limited for 1,952…
As filed · Shakti Pumps (India) Limited has informed the Exchange that Company has further received New Work Order from Madhya Pradesh Urja Vikas Nigam Limited for 1,952 Stand-alone Off-Grid DC Solar Photovoltai
What happened
FactShakti Pump has won an order for 1,952 pumps valued at approximately Rs. 67.32 Crores, inclusive of GST. The execution of this order is expected to be completed within 120 days. Further details are provided in the attached Annexure.
Why it matters
CapitSignal interpretationAn order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
Scale
- 2.5% of FY26 revenue
₹67.32 Cr stated in the filing against ₹2,643.11 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnLooking ahead, we remain committed to delivering 25–30% revenue growth in FY26 and sustaining this trajectory over the next 3–4 years.
We will update you every quarter.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Execution period stated in the order
- Whether the order book total is disclosed
- Margin commentary at the next results
- Looking ahead, we remain committed to delivering 25–30% revenue growth in FY26 and sustaining this trajectory (management committed by FY26)
- Receivable days have improved from 178 in FY24 to 152 in FY25, and we are targeting a return to approximately (management committed by FY26)
Evidence
- Shakti Pumps (India) Limited has informed the Exchange that Company has further received New Work Order from Madhya Pradesh Urja Vikas Nigam Limited for 1,952 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps under Component-B of PM-KUSUM scheme. The total value of the 1,952 pumps is around Rs. 67.32 Crores (inclusive of GST)(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · FY26
How CapitSignal classified this
- Reasoning:
- ORDER_WIN base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%