Oswal Pumps Ltd
Incorporated in 2003, Oswal Pumps Limited is a leading manufacturer and distributor of a wide range of pumps.[1]
- Market Cap ₹ 2,388 Cr.
- Current Price ₹ 210
- High / Low ₹ 744 / 206
- Stock P/E 10.4
- Book Value ₹ 134
- Dividend Yield 0.00 %
- ROCE 31.5 %
- ROE 29.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 224 days.
- Working capital days have increased from 103 days to 185 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 388 | 385 | 774 | 1,272 | 1,796 | 1,697 | |
| 327 | 327 | 634 | 918 | 1,393 | 1,371 | |
| Operating Profit | 61 | 58 | 140 | 353 | 403 | 326 |
| OPM % | 16% | 15% | 18% | 28% | 22% | 19% |
| 1 | 2 | 0 | 2 | 8 | 11 | |
| Interest | 7 | 6 | 14 | 37 | 30 | 26 |
| Depreciation | 8 | 8 | 8 | 8 | 11 | 11 |
| Profit before tax | 47 | 47 | 118 | 310 | 371 | 300 |
| Tax % | 29% | 27% | 25% | 26% | 24% | |
| 33 | 34 | 89 | 231 | 282 | 229 | |
| EPS in Rs | 3.36 | 3.44 | 8.94 | 23.21 | 24.70 | 20.10 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 67% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 102% |
| TTM: | -5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -72% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 44% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 10 | 11 |
| Reserves | 38 | 73 | 165 | 394 | 1,518 |
| 90 | 58 | 66 | 402 | 210 | |
| 88 | 114 | 249 | 117 | 182 | |
| Total Liabilities | 222 | 251 | 485 | 923 | 1,922 |
| 71 | 81 | 74 | 91 | 115 | |
| CWIP | 0 | 3 | 1 | 0 | 2 |
| Investments | 4 | 0 | 13 | 16 | 320 |
| 147 | 167 | 398 | 816 | 1,486 | |
| Total Assets | 222 | 251 | 485 | 923 | 1,922 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 50 | 17 | -128 | -99 | ||
| -17 | -15 | -29 | -416 | ||
| -37 | -5 | 157 | 613 | ||
| Net Cash Flow | -4 | -3 | 1 | 98 | |
| Free Cash Flow | 29 | 13 | -151 | -139 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 104% | 37% | -14% | 4% |
Ratios
Standalone / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 35 | 69 | 113 | 177 | 224 |
| Inventory Days | 101 | 93 | 74 | 70 | 44 |
| Days Payable | 72 | 82 | 43 | 35 | 43 |
| Cash Conversion Cycle | 64 | 80 | 144 | 211 | 225 |
| Working Capital Days | -21 | 0 | 40 | 85 | 185 |
| ROCE % | 39% | 72% | 67% | 32% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cast Iron Pumps Capacity Utilization % |
|
||||
| Number of Distributors distributors |
|||||
| Total Number of Pumps Supplied pumps |
|||||
| Total Solar Pumps Supplied pumps |
|||||
| Solar PV Module Installed Capacity MW |
|||||
| Cumulative Solar Pumping Systems Executed Directly under PM KUSUM systems |
|||||
| Order Book (Letter of Empanelment/Award Yet to be Executed) pumps |
|||||
Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Oswal Pumps approves 1.2 GW TOPCon solar cell plant for ₹456 crore; commercial production by April 2028.
-
Adoption Of New Line Of Business And Variation Of The Objects/ Terms Of Utilization Of The Initial Public Offering ('IPO') Proceeds And Modification Of The Time Limit For The Utilisation Of The IPO Proceeds.
- Oswal Solar to set up 1.2 GW solar cell plant at Karnal; IPO proceeds varied, target FY2028.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Concalls
-
Aug 2026Transcript PPT REC
-
May 2026Transcript PPT REC
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
Aug 2025PPT
-
Jul 2025PPT
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.