Oswal Pumps, one of the most trusted name in the Solar Pumps manufacturing, announced its Q4 FY25 & FY25 results yesterday. The Board of Directors of Oswal Pumps at its meeting held on 10th July 2025 took on record the Audited Financial Results for the Financial Year 2024-25.

Commenting on the results, Vivek Gupta, Chairman and Managing Director, Oswal Pumps, said, “On behalf of the management team at Oswal Pumps, I extend our heartfelt gratitude to the entire investment community for the overwhelming response to our IPO. We are truly humbled by the trust and confidence you have placed in us. Your support inspires us to work even harder and reinforces our commitment to delivering on our promises and exceeding expectations.

The company delivered strong performance in the year gone by, with Total Income rising by 88.2 per cent year-over-year to Rs 14,329 million.

EBITDA for the full year grew by 176.5 per cent to Rs 4,225 million from Rs 1,528 million in FY24, resulting in an EBITDA Margin of 29.5 per cent, reflecting a 941-basis point improvement year-over-year.

Profit After Tax (PAT) for FY25 reached Rs 2,806 million, with a PAT Margin of 19.6 per cent, up 675 basis points from FY24.

EBITDA margin for Q4 FY25 was lower by 2.2 per cent as compared to the full-year FY25 primarily due to change in the sales mix. Share of direct Kusum sales fell by 11 per cent (higher margin vertical) while the share of external module sales increased by 12 per cent (lower margin vertical), leading to an overall lower margin for the quarter.

In 2021, we began offering Turnkey Solar Pumping Systems, which include solar-powered agricultural pumps, solar modules, mounting structures, pump controllers, and installation services. These are provided either directly or through third-party bidders under the PM Kusum Scheme. As of June 30, 2025, we have successfully executed 48,915 Turnkey Solar Pumping System orders directly under the PM Kusum Scheme.”