ALFA Finder| Revenue growth | Q2 revenue -6.2% YoY, +6.9% QoQ |
|---|---|
| Margins | EBITDA margin 11.3%, down 437bps QoQ, 1,238bps YoY |
| Order book | 143 MW rooftop/utility/C&I order book; 168 MW pipeline |
| Demand visibility | 9,487-pump order book; ~10,000-pump pipeline; PM-KUSUM 2.0 delayed |
| Management confidence | Confident on order book execution; no numeric targets |
Growth
Revenue -6.2% YoY, +6.9% QoQ; PAT -59.4% YoY, -26.4% QoQ. H1 FY27 revenue -7.0%, PAT -51.4% YoY.
Outlook
No numeric guidance; 9,487-pump order book, 143 MW EPC order book, planned 1.2 GW TOPCon cell plant subject to shareholder approval.
Risks
Margin squeeze from raw material and employee costs; receivable days 229 on state payment delays; PM-KUSUM 2.0 rollout delayed.
Last quarter's promises, checked
Missed
- FY27 revenue growth 20-25% YoY → H1 FY27 -7.0% YoY (= MISS)
- FY27 EBITDA margin 15-17% → Q2 EBITDA margin 11.3% (= MISS)
- FY27 PAT margin 11-13% → Q2 PAT margin 7.7% (= MISS)
Investor Presentation filed with NSE, NSE: OSWALPUMPS. Summary written with AI assistance from the document.
Oswal Pumps Ltd: key numbers
- Share price
- ₹228.97
- Market cap
- ₹2,610 Cr
- Revenue (annual)
- ₹2,064 Cr
- Net profit (annual)
- ₹376.3 Cr
- P/E (TTM)
- 9.4×Sector 52.1×
- 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 Earnings Call Transcript: Key Takeaways
Q2 FY27 revenue rose 6.9% QoQ to ₹506.3 Cr, but EBITDA margin fell 437 bps to 11.3%. Management calls the cost pressure transitory, while PM Kusum 2.0 delays cloud the recovery.
Oswal Pumps Annual General Meeting
Oswal Pumps Limited filed the scrutinizer's report and voting results for its postal ballot. Shareholders approved, as a special resolution, variation of IPO proceeds utilisation and extension of the time limit.
Oswal Pumps Results Update
Oswal Pumps reported Q2 FY27 income of ₹5,118 million, up 6.2% QoQ, with PAT down 59% YoY. It plans a 1.2 GW solar cell plant in Karnal.
- TOPCon solar cell manufacturing capacity
- 1.2 GW
Oswal Pumps Other Announcement
Oswal Pumps filed ICRA's final IPO proceeds monitoring report for Q2 FY2027. ICRA found no material deviation, but flagged capex purchases not matching prospectus vendor specifications.
Oswal Pumps Q2 FY27 Results: Net Profit ₹38.2 Cr, Down 60.8% YoY
Oswal Pumps Ltd reported revenue from operations of ₹506.3 Cr (-6.2% YoY) and net profit of ₹38.2 Cr (-60.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹38.2 Cr · -60.8% YoY
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.