Shakti Pumps - solar shakti (power)!

[rupaniamit]

@sudhanshucs0102

Only @piyush_narang can confirm, what is the date of this data is it recent?

Order book data is as of March 15th, 2024. This is on page #212 from their DRHP that I got from Premier’s website.

@ankiur.jain83

So it is a possibility that Premier energies is manufacturing solar part of the pump for Shakti’s product. So remaining order value is 900 crores. So assuming (without any data) that solar part of the product costs say 25% of selling price, then they would be aiming atleast 3600 cr worth of cumulative sales in coming 4-6 quarters. Their last FY’s revenue was ~1350

Solar module is about 50% of their sales as confirmed by management during Q4FY24 con-call. Below is the screenshot from the transcript. They had order book of Rs. 2400 by end of March 2024. So remaining order of Rs. 1102cr with Premier is in line to support fulfillment of their order book.