+
Oswal Pumps Reports Record FY26 Income and Profitability
ECONOMY & POLICY

Oswal Pumps Reports Record FY26 Income and Profitability

Oswal Pumps Limited reported record FY26 results as total income rose to Rs20,859 million (mn), up 45.6 per cent year on year, and profit after tax reached Rs3,763 mn with a PAT margin of 18.0 per cent. Fourth quarter total income was Rs5,167 mn, up 41.3 per cent, while full year EBITDA grew 26.7 per cent to Rs5,354 mn and diluted EPS was Rs34.73.

The company said growth was driven by execution under PM KUSUM and state schemes that reinforced its leadership in solar powered irrigation. Q4 EBITDA was Rs1,250 mn with a margin of 24.2 per cent and the sequential moderation in Q4 margins reflected competitive tender pricing and input cost pressures. Management is addressing these through value engineering and cost optimisation.

Operating cash flow improved from negative Rs1,421 mn in FY25 to negative Rs771 mn in FY26, and collections exceeding Rs1,164 mn received on two April 2026 shifted the full year operating cash flow to a positive Rs393 mn. Operating cash flow for Q4 FY26 was Rs1,706 mn, underlining improved working capital discipline and collections efficiency.

Order book stood at over 19,912 pumps and the near term pipeline exceeded 25,000 pumps. The company is tracking the anticipated rollout of PM KUSUM 2.0 and expects meaningful scaling in FY27. It has begun diversifying into rooftop, utility and commercial and industrial solar EPC and has a pipeline of 300 megawatt (MW).

With capacity expansions and a diversifying revenue mix, the company said it is positioned for further growth supported by ISO certifications and listing on the ministry approved list of models and manufacturers. A pan India distribution network and growing international footprint support its expansion across agricultural, residential and industrial markets.

Oswal Pumps Limited reported record FY26 results as total income rose to Rs20,859 million (mn), up 45.6 per cent year on year, and profit after tax reached Rs3,763 mn with a PAT margin of 18.0 per cent. Fourth quarter total income was Rs5,167 mn, up 41.3 per cent, while full year EBITDA grew 26.7 per cent to Rs5,354 mn and diluted EPS was Rs34.73. The company said growth was driven by execution under PM KUSUM and state schemes that reinforced its leadership in solar powered irrigation. Q4 EBITDA was Rs1,250 mn with a margin of 24.2 per cent and the sequential moderation in Q4 margins reflected competitive tender pricing and input cost pressures. Management is addressing these through value engineering and cost optimisation. Operating cash flow improved from negative Rs1,421 mn in FY25 to negative Rs771 mn in FY26, and collections exceeding Rs1,164 mn received on two April 2026 shifted the full year operating cash flow to a positive Rs393 mn. Operating cash flow for Q4 FY26 was Rs1,706 mn, underlining improved working capital discipline and collections efficiency. Order book stood at over 19,912 pumps and the near term pipeline exceeded 25,000 pumps. The company is tracking the anticipated rollout of PM KUSUM 2.0 and expects meaningful scaling in FY27. It has begun diversifying into rooftop, utility and commercial and industrial solar EPC and has a pipeline of 300 megawatt (MW). With capacity expansions and a diversifying revenue mix, the company said it is positioned for further growth supported by ISO certifications and listing on the ministry approved list of models and manufacturers. A pan India distribution network and growing international footprint support its expansion across agricultural, residential and industrial markets.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code