Shakti Pumps Reports Strong Profit Growth Amid Rising Interest Expenses and Market Resilience

Shakti Pumps (India), a small-cap player in the compressors, pumps, and diesel engines industry, has recently undergone a financial trend adjustment reflecting its performance metrics. The company reported a notable increase in its profit after tax (PAT) for the nine-month period, reaching Rs 311.11 crore, which represents a growth of 36.74%. Additionally, the return on capital employed (ROCE) for the half-year period stands impressively at 45.14%, indicating efficient utilization of capital.
However, the company faces challenges as its interest expenses for the same nine-month period have also risen to Rs 34.44 crore, growing by 26.15%. This increase in interest costs could impact overall profitability moving forward.

In terms of market performance, Shakti Pumps has shown resilience with a stock price of Rs 871.95, up from a previous close of Rs 837.95. Over the past year, the stock has delivered a return of 16.52%, significantly outperforming the Sensex, which recorded a return of 2.01% in the same timeframe. Notably, over the last three years, Shakti Pumps has achieved an impressive return of 1030.65%, compared to the Sensex's 35.45%. This performance highlights the company's strong market position despite the current financial pressures.