Oswal Pumps
- Market cap
- ₹ 2,509 Cr.
- P/E
- 7.4x
- P/B
- 1.56x
- 52-week range
- 206.2 – 746
- ROE
- 35%
- ROCE
- 38%
- Dividend yield
- 0%
- Debt / equity
- 0.14
- Sector
- Industrial Products
- Industry
- Compressors, Pumps & Diesel Engines
- Listed on
- NSE, BSE
About
Oswal Pumps Limited is an India-based company. The Company manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the Oswal brand. Its product portfolio addresses the diverse requirements of its end-users in the agricultural, residential and industrial sectors. The Company caters to the diverse requirements of end-users in the agricultural sector for irrigating fields; the residential sector for maintaining gardens and fountains, extracting water, supplying water to overhead tanks and cleaning households and small establishments; commercial premises such as shopping malls, offices and hotels; industries which use its pumps in boilers and water treatment, water transportation and sewage applications and use its electric motors in machinery applications and cooling tower systems.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Compressors, Pumps & Diesel Engines: 16 companies →Oswal Pumps against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7.4 against a typical 35: cheaper than most peers (1st = cheapest).1st of 15
- Sales growth−7.8% against a typical +14.8% from a year earlier.14th of 15
- Profit growth−43.2% against a typical +18.6% from a year earlier.13th of 15
- Share price, 3 months−38.8% against a typical −14.8%.14th of 14
- Size₹ 2,509.1 Cr. market value against a typical ₹ 7,433.3 Cr. (1st = largest).9th of 13
Latest announcements
Exchange filings and their impact on the company.
- Oswal to redirect Rs 159.9 cr of unused IPO funds into a Rs 455.9 cr 1.2 GW captive solar cell plant by FY28.
Oswal Pumps said its subsidiary Oswal Solar will set up a 1.2 GW greenfield solar cell plant at Karnal for captive use, meeting about 75% of its cell needs. The total cost is Rs 455.85 crore, with Rs 159.85 crore to come from unused IPO money by redirecting funds earlier meant for frames and extra module and EVA capacity, plus an extension of timelines to FY27-FY28. This secures supply of key DCR cells for government solar programmes but adds capex and funding needs with no sales benefit in the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety, with caution
Rated A+ by ICRA- ICRA expects things to get worse (negative outlook).
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A+ | Negative | 22 Sep 2026 |
| CRISIL | Withdrawn | — | 26 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Sep 2026 | ▼ Outlook cut | [ICRA]A+ Outlook Stable → Negative | — | ICRA | ₹ 486 Cr. | |
| 26 Dec 2025 | Withdrawn | — | — | CRISIL | ₹ 176.5 Cr. | |
| 22 Aug 2025 | New rating | [ICRA]A+ | — | ICRA | ₹ 486 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 8 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 16 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 7 Feb 2026 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 4 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 10 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 230 | 376 | 310 | 380 | 365 | 514 | 540 | 501 | 510 | 474 |
| Expenses | 185 | 274 | 209 | 261 | 266 | 373 | 412 | 374 | 392 | 399 |
| Operating Profit | 45 | 101 | 101 | 118 | 99 | 141 | 128 | 127 | 118 | 74 |
| OPM % | 20% | 27% | 33% | 31% | 27% | 27% | 24% | 25% | 23% | 16% |
| Other Income | 1 | 0 | 1 | 1 | 1 | 1 | 7 | 5 | 8 | 8 |
| Interest | 5 | 7 | 10 | 12 | 13 | 13 | 5 | 8 | 10 | 8 |
| Depreciation | 5 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 |
| Profit before tax | 36 | 92 | 89 | 104 | 82 | 125 | 126 | 119 | 112 | 68 |
| Tax % | 20% | 24% | 26% | 23% | 23% | 25% | 24% | 24% | 18% | 21% |
| Net Profit | 29 | 71 | 66 | 80 | 64 | 95 | 98 | 92 | 93 | 54 |
| EPS in Rs | 48.86 | 12.06 | 6.61 | 8.08 | 6.42 | 8.31 | 8.55 | 8.03 | 8.12 | 4.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 75%
- TTM
- 29%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 123%
- TTM
- 10%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 50%
- 3 Years
- 50%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Oswal Pumps | ₹ 210.00 | ₹ 2,509 Cr. | 7.4x | 1.6x | 35% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Vivek Gupta
- Executive Chairman of the Board, Managing Director
- Avadesh K. Singh
- President, Chief Operating Officer
- Anish Kumar
- Company Secretary, Compliance Officer
- Amulya Gupta
- Whole Time Director
- Shivam Gupta
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.