Oswal Pumps Limited
Founded in 2003, Oswal Pumps Limited is a prominent Indian manufacturer of solar and grid-connected pumps, electric motors, and solar modules, offering turnkey solar pumping systems under the PM Kusum Scheme.
What Oswal files
- Others37
- Investor Meet19
- Updates19
- New Orders9
- Board Meeting6
- PPTs5
Oswal Pumps delivered strong FY26, with ₹2,064.4 Cr revenue & ₹376.3 Cr PAT. Net debt fell 70% to ₹134.6 Cr, boosting balance sheet. Secured new solar rooftop and 63 MW Bihar projects, diversifying growth. Module capacity expanding to 1,570 MW. Credit rating upgraded to ICRA A+ Stable.
Oswal Pumps secured a 20 MW rooftop solar project order from North Bihar Power Distribution Co. The installation contract is valued at approximately ₹78 Cr, with an additional ₹67 Cr long-term energy supply revenue over 10 years, totaling a ₹145 Cr opportunity.
Oswal Pumps' Q1 financial results show Total Income ₹481.7 Cr, EBITDA ₹82.5 Cr, and PAT ₹53.8 Cr, all declining due to competitive pricing. The company maintains a strong order book of 22,025 pumps and 72 MW in solar EPC, while diversifying into Jal Jeevan Mission and other solar segments.
Oswal Pumps secured an additional order worth ₹235.92 Cr from MSEDCL for 10,000 Off-Grid Solar Water Pumping Systems under the PM Kusum B Scheme. This order, for design, supply, and installation, is expected to be executed within 60 days.
Oswal Pumps secured 63 MW rooftop solar orders from Bihar DISCOMs under PM Surya Ghar Yojana. The order value is ~Rs. 247 Cr, with ~Rs. 257 Cr long-term revenue from energy supply over 10 years, totaling over Rs. 500 Cr. This diversifies revenue streams.