Oswal Pumps Ltd
Incorporated in 2003, Oswal Pumps Limited is a leading manufacturer and distributor of a wide range of pumps.[1]
- Market Cap ₹ 4,556 Cr.
- Current Price ₹ 400
- High / Low ₹ 889 / 283
- Stock P/E 16.9
- Book Value ₹ 122
- Dividend Yield 0.00 %
- ROCE 76.4 %
- ROE 80.4 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 75.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 177 days.
- Working capital days have increased from 41.6 days to 84.8 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 388 | 385 | 774 | 1,272 | 1,657 | |
| 327 | 327 | 634 | 918 | 1,258 | |
| Operating Profit | 61 | 58 | 140 | 353 | 399 |
| OPM % | 16% | 15% | 18% | 28% | 24% |
| 1 | 2 | 0 | 2 | 4 | |
| Interest | 7 | 6 | 14 | 37 | 33 |
| Depreciation | 8 | 8 | 8 | 8 | 10 |
| Profit before tax | 47 | 47 | 118 | 310 | 360 |
| Tax % | 29% | 27% | 25% | 26% | |
| 33 | 34 | 89 | 231 | 268 | |
| EPS in Rs | 57.18 | 58.46 | 152.07 | 23.21 | 24.10 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 90% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 75% |
| Last Year: | 80% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 10 | 11 |
| Reserves | 38 | 73 | 165 | 394 | 1,385 |
| 90 | 58 | 66 | 269 | 63 | |
| 88 | 114 | 249 | 250 | 251 | |
| Total Liabilities | 222 | 251 | 485 | 923 | 1,710 |
| 71 | 81 | 74 | 91 | 94 | |
| CWIP | 0 | 3 | 1 | 0 | 2 |
| Investments | 4 | 0 | 13 | 16 | 320 |
| 147 | 167 | 398 | 816 | 1,295 | |
| Total Assets | 222 | 251 | 485 | 923 | 1,710 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 50 | 17 | -137 | ||
| -17 | -15 | -29 | ||
| -37 | -5 | 166 | ||
| Net Cash Flow | -4 | -3 | 1 | |
| Free Cash Flow | 29 | 13 | -159 | |
| CFO/OP | 104% | 37% | -16% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 35 | 69 | 113 | 177 |
| Inventory Days | 101 | 93 | 74 | 70 |
| Days Payable | 72 | 82 | 43 | 35 |
| Cash Conversion Cycle | 64 | 80 | 144 | 211 |
| Working Capital Days | -21 | 0 | 40 | 85 |
| ROCE % | 39% | 72% | 76% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Number of Distributors Numbers |
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| Solar Modules Capacity Utilization % |
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| Solar Modules Installed Capacity MW |
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| Stainless Steel Pumps Installed Capacity MT |
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| Total Pumps Supplied Numbers |
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| Total Solar Pumps Supplied Numbers |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2d
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
23 Apr - April 23, 2026: Oswal Pumps says large corporate framework is not applicable.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr
-
Issuance Of Corporate Guarantee
28 Mar - Board approved Rs86.16cr (SBI) and Rs50.00cr (Yes Bank) guarantees for Oswal Solar on Mar 28, 2026.
-
Closure of Trading Window
25 Mar - Trading window closed April 1, 2026 until 48 hours after audited FY2026 results.
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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Aug 2025TranscriptAI SummaryPPT
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Jul 2025TranscriptAI SummaryPPT
Business Overview:[1]
OPL is one of the vertically integrated
solar pump manufacturers. The company manufactures solar-powered and grid-connected submersible and monoblock pumps, induction and submersible electric motors, and solar modules under the ‘Oswal’ brand. It also provides turnkey solar pumping systems under the PM Kusum Scheme, directly or through empaneled partners.