Oswal Pumps Limited share price
NSE: OSWALPUMPS · ISIN INE0BYP01024
Key numbers
- Market cap
- ₹ 3,135 Cr
- Current price
- ₹ 274.95
- 52-week high / low
- ₹ 790 / 266
- Stock P/E
- 9.1
- Book value
- ₹ 155.5
- Dividend yield
- 0.00%
- ROCE
- 36.3%
- ROE
- 35.1%
- Debt to equity
- 0.14
- Sales growth (3 yrs)
- 76.7%
- Profit growth (3 yrs)
- 122.4%
- 1-year return
- -64.0%
About Oswal Pumps Limited
Oswal Pumps Limited manufactures and sells solar pumps in India. The company offers solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules under the Oswal brand. It serves agricultural, residential, commercial, and industrial sectors. It also exports its products to Australia, Egypt, Iraq, Italy, Lebanon, Libya, Nepal, Saudi Arabia, the United Arab Emirates, and Yemen. The company was incorporated in 2003 and is headquartered in Karnal, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 514 | 540 | 501 | 510 | 474 |
| Operating profit | 141 | 128 | 127 | 118 | 74 |
| Net profit | 95 | 98 | 92 | 93 | 54 |
| EPS (₹) | 8.55 | 8.43 | 8.26 | 8.55 | 4.86 |
Concall summary (2026-08-17)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- For FY27, we continue to maintain our previously communicated guidance of overall revenue growth of 20 -25% over FY26, with a Oswal Pumps Limited August 10, 2026 back-ended growth profile through the year.
- Looking beyond FY27, we are targeting a sustained growth momentum of 30 % to 40% in the medium term as execution across these multiple fronts gathers pace.
Growth & demand
- Regarding this year's revenue, we have clear visibility of 20 %-25% growth, driven by projects already in hand, bids we have placed that we expect to win, and the Magel Tyala orders, alongside our ongoing business diversification initiatives.
- We are very much confident that we don't see any challenge in the growth of 20%-25%.
Margins & costs
- EBITDA for the quarter stood at INR82 crore s, with a margin of 17.1%, while operating EBITDA for the quarter stood at INR74 crores, translating in a margin of 15.7%.
- The reduction in margins was primarily driven by three factors : Industry-wide competitive bidding under the Magel Tyala scheme, which led to a 9% reduction in realization; our diversification into module sales through the channel ; and elevated input costs stemming from the ongoing geopolitical situation.
Capex & expansion
- Number one, pump and motor plant capacity expansion and automation - We expect the entire capex program scheduled for completion by Q3 FY27.
- And the solar module plant, with respect to our solar module facility, we expect the first phase of expansion comprising 1 gigawatt of module capacity to be completed by end of second quarter.
Balance sheet & cash
- From the balance sheet perspective, as of 30th June '26, net debt is at INR266 crores, translating into net debt to equity ratio of 0.15x, and net debt to operating EBITDA of 0.90 x.
- We would also like to highlight that INR305 crores of the total receivable as of June 30, 2026 was not due yet.
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