| Management target | Revenue 44.3% FY26 |
|---|
| Revenue growth | 54.7% 4-year CAGR projected through FY26. |
|---|---|
| Margins | FY26 PAT margin projected at 18.0%. |
| Order book | 1,06,122 solar water systems delivered as of April 2026. |
| Demand visibility | Strong; 25,000 additional solar units in Q3-Q4 pipeline. |
| Management confidence | High; citing 117% PAT CAGR and market leadership. |
Growth
Projected FY26 Revenue of 2064 Cr, representing 44% YoY growth from FY25 (1430 Cr).
Outlook
Projected FY26 revenue target of 2064 Cr with 18% PAT margin.
Risks
Reliance on government solar schemes and volatile raw material pricing.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue 2064 Cr → delivered 2064 Cr (= BEAT)
- Guided FY26 PAT Margin 18% → delivered 18.0% (= BEAT)
- Guided FY26 PAT 376 Cr → delivered 376 Cr (= BEAT)
Partly delivered
- Guided FY26 Operating Cash Flow → delivered 39 Cr (only after 116 Cr April 2nd collection) (= PARTIAL)
- Guided H1 FY27 Growth → Management now warns of moderate revenue decline (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: OSWALPUMPS. Summary written with AI assistance from 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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