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Earnings Call

Oswal Pumps Earnings Call: Key Takeaways

Oswal Pumps reported record FY26 performance with 44.3% revenue growth, driven by solar irrigation schemes. Management is diversifying into rooftop solar and inverters while expanding pump and module capacities.

Highlights
Revenue growthFY26 +44.3% YoY; FY27 guidance 20-25%.
MarginsEBITDA margin 24.9% (FY26); guidance 22-23% for FY27.
Order book19,912 pumps as of May 15, 2026.
Demand visibilityStrong pipeline of 25,000 pumps plus PM-KUSUM 2.0 rollout.
Management confidenceHigh on long-term solarization; conservative on near-term H1 execution.

Growth

FY26 Revenue reached ₹2,064cr (+44.3% YoY); PAT hit a record ₹376cr (+34.1% YoY).

Outlook

Targeting 20-25% revenue growth for FY27; ₹350cr total capex planned for automation and 2.1GW module expansion.

Risks

Competitive tender pricing, input cost pressures from geopolitical uncertainty, and high dependency on government schemes.

Source

Earnings Call filed with NSE, NSE: OSWALPUMPS. Summary written with AI assistance from the document.

Read the document ↗

Oswal Pumps Ltd: key numbers

Share price
₹274.95
Market cap
₹3,135 Cr
Revenue (annual)
₹2,064 Cr
Net profit (annual)
₹376.3 Cr
P/E (TTM)
9.3×Sector 53.6×
Promoter holding
75.65%-0.02% QoQ
FII holding
0.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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46705 kW
11:56 IST NSE
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New Order Win

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Value
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Execution
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