Shakti Pumps (India) Ltd Stock Analysis

BSE: 531431 | NSE: SHAKTIPUMP | Compressors / Pumps | Small Cap

BSE Share Price 29-Sep-2023 14:53
869.00 12.75 (1.49%)

DeciZen - Make an Informed Decision on Shakti Pumps (I)

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Shakti Pumps (I) Price Chart

P/E Ratio (SA):
75.12
Market Cap:
1,573.8 Cr.
52-wk low:
380.2
52-wk high:
927.4
Bole Toh?

1. Is Shakti Pumps (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shakti Pumps (India) Ltd is a average quality company.

2. Is Shakti Pumps (India) Ltd undervalued or overvalued?

The key valuation ratios of Shakti Pumps (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Shakti Pumps (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Shakti Pumps (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Shakti Pumps (I):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shakti Pumps (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 15.7%12.5%3.8%10.6%11.1%10.9%-1.7%18%16.1%8.3%-
Value Creation Index 0.1-0.1-0.7-0.2-0.2-0.2-1.10.30.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2972992644094135213578871,124923788
YoY Gr. Rt. %-0.7%-11.6%55.2%0.9%26.1%-31.5%148.5%26.7%-17.9%-
Adj EPS 17.215.21.211.81517.1-11.133.330.313.111.4
YoY Gr. Rt. %--11.6%-92.3%905.1%27.6%14%-165%NA-9.1%-56.9%-
BVPS (₹) 76.5105.799122.8135.5148.3130.8164.4186.5197.6200
Adj Net Profit 26.525.7221.827.931.4-20.461.255.62421
Cash Flow from Ops. 17.9-4.33452.421.2-6.752.91325.232-
Debt/CF from Ops. 6.3-23.731.75.2-24.83.40.5192.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.5%17.5%37.3%-17.9%
Adj EPS -3%-2.8%NA-56.9%
BVPS11.1%7.8%14.7%6%
Share Price 35.7% 22.7% 68.3% 69.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 21.614.9110.111.712.1-822.617.26.85.7
Op. Profit Mgn % 15.115.6814.416.914.30.613.67.96.35.3
Net Profit Mgn % 8.98.60.85.36.76-5.76.952.62.7
Debt to Equity 10.50.60.40.40.60.70.20.30.2-
Working Cap Days 2132593052232582383571571742230
Cash Conv. Cycle 13917521614116014221372751070

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 37.27%

Return on Equity has declined versus last 3 years average to 5.70%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -33.15%

Latest Financials - Shakti Pumps (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 11.4 8.9
TTM Sales (₹ Cr.) 788 826
BVPS (₹.) 200 227.7
Reserves (₹ Cr.) 349 401
P/BV 4.28 3.77
PE 75.12 96.21
From the Market
52 Week Low / High (₹) 380.15 / 927.40
All Time Low / High (₹) 2.75 / 927.40
Market Cap (₹ Cr.) 1,574
Equity (₹ Cr.) 18.4
Face Value (₹) 10
Industry PE 44.7

Management X-Ray of Shakti Pumps (I) :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shakti Pumps (I)

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Shakti Pumps (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shakti Pumps (I) on 29-Sep-2023 14:53 is : 869.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Sep-2023 14:53 the market cap of Shakti Pumps (I) stood at ₹ 1,573.8.
The latest PE ratio of Shakti Pumps (I) as of 29-Sep-2023 14:53 is 75.12.
The latest PB ratio of Shakti Pumps (I) as of 29-Sep-2023 14:53 is 4.28
The 52-week high of Shakti Pumps (I) is ₹ 927.4 and the 52-week low is ₹ 380.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shakti Pumps (I) is ₹ 787.5 ( Cr.) .

About Shakti Pumps (India) Ltd

Shakti Pumps was incorporated in 1982 by the Patidar family of Rao (Indore) to manufacture submersible pumps and electric control panels. In 1995, the company went public with an issue of Rs 500 lakh.

Later in 1996, company expanded its portfolio by manufacturing of stainless steel submersible pumps and motors. In the same year, Shakti Pumps started its export operation.

In the year 2006, company was acknowledged with one star export house status. In the same year, the company established a branch office in Australia and Turkey.

Today, the company is engaged in the business of manufacturing of submersible pumps along with submersible motors and associated controls panels under the name ‘Shakti’.

It manufactures pumps and motors (0.5-150HP) in different sizes of 100-300 mm. The company is second largest stainless steel submersible pump sets manufacturer in the world.

The company has also obtained BIS certificate for ISI mark in 1989 and through continuous process improvement and streamlining the quality system at par the international standards have now acquired ISO: 9001:2000 certifications.

The company manufactures and exports energy efficient pumps and motors such as submersible pumps, SRN-booster pumps or submersible motors and many more. It  also specialises in manufacturing stainless steel submersible pump sets ranging between 0.5 H.P. to 60 H.P. It exports pumpsets to more than 50 countries.

The company manufactures 4”, 6”, 8”, 10” and 12” submersible pumps that are exported to more than 40 countries. These pumps are used in construction of main hydraulic component impellers.

The company’s factory is located at sector III, Pithampur Industrial Area in Madhya Pradesh India. It has also started new unit in SEZ (special economic zone) Pithampur in Madhya Pradesh.

Shakti Pumps operates marketing offices in Kenya, Australia and Turkey.  Domestically, the company’s products are marketed through 150 distributors and dealers in 12 states. Globally, Shakti Pumps market its products to countries namely Turkey, Spain, US, the Netherlands, Germany, France, Italy and Australia, among others.

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