ALFA Finder| Margins | Operating EBITDA margin contracted to 15.7% from 27.4% YoY. |
|---|---|
| Order book | 22,025 pumps and 72 MW Solar EPC order book. |
| Demand visibility | Near-term pipeline of 12,500 pumps and 359 MW solar projects. |
Growth
Revenue declined 7.9% YoY and 7.1% QoQ. Operating EBITDA fell 47.2% YoY due to competitive bidding pressures.
Outlook
Order book stands at 22,025 pumps and 72 MW in solar EPC. Evaluating entry into Jal Jeevan Mission.
Risks
Industry-wide competitive bidding reduced realizations by 9%. Significant increase in cash conversion cycle to 244 days.
Last quarter's promises, checked
Delivered
- IPO proceeds for debt reduction → ₹311 cr repaid (= BEAT)
- Diversification into Rooftop Solar → SPV created & 300MW pipeline (= BEAT)
- Solar module capacity expansion → 1 GW phase 1 on track (= BEAT)
Partly delivered
- Cash conversion cycle reduction → 172 days to 244 days (= MISS)
- Maintain pricing power → Realizations fell 9% due to bidding (= MISS)
Missed
- FY27 EBITDA margin 22-23% → 15.7% delivered (= MISS)
- FY27 Revenue growth 20-25% → -7.9% YoY decline (= MISS)
- PAT margin 15-16% → 11.2% delivered (= MISS)
Investor Presentation filed with NSE, NSE: OSWALPUMPS. Summary written with AI assistance from the document.
Oswal Pumps Ltd: key numbers
- Share price
- ₹239.69
- Market cap
- ₹2,733 Cr
- Revenue (annual)
- ₹2,064 Cr
- Net profit (annual)
- ₹376.3 Cr
- P/E (TTM)
- 8.2×Sector 51.9×
- Promoter holding
- 75.65%+0.00% QoQ
- FII holding
- 0.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Oswal Pumps Ltd
All →Oswal Pumps Board Meeting Date
Oswal Pumps Limited will hold a board meeting on November 12, 2026. The board will consider unaudited standalone and consolidated financial results for the quarter ended September 2026.
Oswal Pumps Bags ₹235.9 Cr Order from Maharashtra State Electricity Distribution Company Limited
Oswal Pumps won an additional Rs. 235.92 Crore order from MSEDCL for 10,000 solar water pumping systems under PM-KUSUM B. Execution is due within 60 days of work order.
- Value
- ₹235.9 Cr
- From
- Maharashtra State Electricity Distribution Company Limited
- Execution
- 60 days from Notice to Proceed / Work Order; 5-year warranty and remote monitoring
- solar water pumping systems
- 10000 SPWPS
Oswal Pumps Other Announcement
The company submitted its quarterly shareholding pattern filing for the period ending September 30, 2026, as required under SEBI regulations.
Oswal Pumps Annual General Meeting
Oswal Pumps Ltd is conducting a Postal Ballot to seek shareholder approval for varying the objects of its IPO proceeds and modifying utilization timelines.
Oswal Pumps Capacity Expansion: ₹456 Cr Investment
Oswal Pumps will set up a 1.2 GW solar cell manufacturing facility through its subsidiary, OSEPL. The project involves a total investment of ₹456 crore.
- Value
- ₹456.0 Cr
- solar cell manufacturing capacity
- 1.2 GW
Oswal Pumps Capacity Expansion: ₹159.8 Cr Investment
Oswal Pumps' subsidiary, Oswal Solar, will establish a greenfield 1.2 GW solar cell plant in Karnal. The company is reallocating ₹159.85 Crore of IPO proceeds.
- Value
- ₹159.8 Cr
- solar cell capacity
- 1.2 GW