Oswal Pumps Ltd
NSE: OSWALPUMPS BSE: 544418
Incorporated in 2003, Oswal Pumps Limited is a leading manufacturer and distributor of a wide range of pumps.[1]
₹371
52W: ₹283 — ₹889
PE 14.9 · Book ₹134 · +177% vs bookMarket Cap₹4,232 Cr
Stock P/E14.9Price to Earnings
ROCE33.3%Return on Capital
ROE29.2%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company is expected to give good quarter
- +Company has a good return on equity (ROE) track record: 3 Years ROE 43.8%
Weaknesses
- −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
Shareholding Pattern
Promoters75.67%
FIIs0.85%
DIIs6.6%
Public16.88%
| Category | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|
| Promoters | 75.67% | 75.67% | 75.67% | 75.67% |
| FIIs | 4.4% | 3.76%▼0.6 | 2.64%▼1.1 | 0.85%▼1.8 |
| DIIs | 9.12% | 9.78%▲0.7 | 8.78%▼1.0 | 6.6%▼2.2 |
| Public | 10.8% | 10.79%▼0.0 | 12.89%▲2.1 | 16.88%▲4.0 |
Financial Statements
| Metric | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 246 | 355 | 294 | 342 | 280 | 444 | 485 | 448 | 420 |
| Expenses | 213 | 266 | 201 | 250 | 202 | 331 | 381 | 345 | 337 |
| Operating Profit | 33 | 90 | 94 | 91 | 78 | 113 | 105 | 103 | 82 |
| OPM % | 13% | 25% | 32% | 27% | 28% | 25% | 22% | 23% | 20% |
| Net Profit | 20 | 62 | 61 | 60 | 48 | 74 | 76 | 69 | 62 |
| EPS ₹ | 34.02 | 10.54 | 6.13 | 6.02 | 4.86 | 6.5 | 6.65 | 6.09 | 5.46 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹1,796Cr, up 41.2% YoY. OPM at 22%.
Debt Position
Borrowings at ₹210Cr. Debt-to-equity ratio: 0.14x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 6.6% (-2.52pp change). FIIs: 0.85% (-3.55pp change). Promoters hold 75.67%.
Margin & Efficiency
ROCE improving from 0% (Mar 2022) to 33% (Mar 2026). Working capital days: 185.
Valuation
PE 14.9x with 33.3% ROCE. Price is 177% above book value of ₹134. Dividend yield: 0%.
Recent Announcements
- Strategy Presentation 23h - Oswal Pumps issued May 2026 strategy presentation outlining vertical integration, capacities, distribution network, and expansion plans.
- Announcement under Regulation 30 (LODR)-Investor Presentation 23h
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - Oswal Pumps reports FY26 income ₹20,859 million, PAT ₹3,763 million; Q4 FY26 income up 41.3%.
- Announcement under Regulation 30 (LODR)-Change in Management 1d - Mr. Avadhesh K. Singh re-designated as Group COO effective May 16, 2026.
- Announcement under Regulation 30 (LODR)-Change in Directorate 1d - Board approved re-appointment of Whole Time Director Amulya Gupta for five years from June 24, 2026.
- Financial Year 2025 from bse
- Rating update 26 Dec 2025 from crisil
- Rating update 22 Aug 2025 from icra