Q4 FY26 to be highest revenue quarter ever
Management expects Q4 FY26 to be the highest revenue quarter in the company's history, driven by resumed execution in Maharashtra and new orders.
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Shakti Pumps · forward-looking guidance across the available source record.
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What management said would happen.
revenue
Full-year FY26 revenue guidance close to target
Management aims to achieve close to the earlier revenue guidance for FY26, though some spillover into Q1 FY27 is possible.
Solar module capacity of 500 MW operational in Q1 FY27
The 500 MW solar module plant is expected to be commissioned in Q1 FY27, supporting backward integration and margin improvement.
Solar cell + module capacity of 2.2 GW by April 2027
The larger 2.2 GW solar cell and module plant is expected to be operational by April 2027, with total capex of ~₹1,200 crore.
KUSUM 2.0 expected in Q1 FY27
Management expects KUSUM 2.0 scheme to be announced in Q1 FY27, with orders flowing from Q2 onwards, based on recent PM announcement.
0.5 GW solar module plant commissioning by Q1 FY27 end
The 0.5 GW module plant is progressing well and expected to be operational by end of Q1 FY27, which should aid margin improvement.
Solar cell capacity (2.2 GW) by March 2028
The 2.2 GW solar cell capacity is targeted for commissioning by March 2028.
Year-on-year growth to continue
Management stated they will maintain year-on-year growth and deliver better numbers, but did not provide a specific revenue target.