Oswal Pumps FY26 Revenue Climbs 44.3% to ₹2,064 Crore; Q4 Revenue Up 39.8% to ₹510 Crore
Oswal Pumps' Q4 FY26 earnings call highlighted a 44.3% increase in FY26 revenue to ₹2,064 crore and a 39.8% rise in Q4 revenue to ₹510 crore. FY26 PAT reached ₹376 crore, up 34.1% Y-o-Y. The company's order book stands at 19,912 pumps with a 25,000 pump pipeline. They target 20-25% growth for FY27 and 30-40% in the medium term.
The announcement contains significant financial metrics, growth targets, and strategic initiatives that are likely to have a positive impact on the company's stock and investor confidence.
The company reported strong financial results, including significant revenue and profit growth, and is expanding its capacity and diversifying its business.
Oswal Pumps Limited announced the transcript of the Earnings Conference Call for Q4 FY26, which was held on May 18, 2026. The conference call included Mr. Vivek Gupta, Chairman and Managing Director; Mr. Amulya Gupta, Whole Time Director; Mr. Avadhesh K. Singh, Group Chief Operating Officer; Mr. Subodh Kumar, Chief Financial Officer; and Mr. Sanjeev Sancheti, Investor Relation Advisor from Uirtus Advisors LLP. Ms. Renu Baid from IIFL Capital Services Limited moderated the call.
Mr. Vivek Gupta reported that FY26 was a landmark year, with operating income reaching ₹2,064 crore, a 44.3% year-on-year growth, the highest in the company's history. Q4 FY26 operating income stood at ₹510 crore, reflecting a 39.8% year-on-year growth. Operating EBITDA for Q4 FY26 was ₹118 crore, with a margin of 23.2%. For the full year, operating EBITDA grew 22.4% year-on-year to ₹514 crore, with a 24.9% margin. FY26 PAT reached ₹376 crore, a 34.1% year-on-year growth, while Q4 FY26 PAT came in at ₹93 crore, a 44.8% year-on-year increase. The current executable order book as of May 15, 2026, stood at 19,912 pumps, with a near-term pipeline exceeding 25,000 pumps. The company has executed over 1,06,122 solar pumping systems under PM-KUSUM and allied state government schemes across 15 states.
The company is diversifying into rooftop solar, utility, and commercial & industrial (C&I) solar projects and has built a pipeline of approximately 300 MW. The capacity expansion for pump and motor and automation is expected to be completed by Q3 FY27, and the first phase of solar module expansion (1 GW) is expected by Q1 FY27, with the remaining 0.5 GW expansion planned for completion by Q3 FY27.
Mr. Subodh Kumar mentioned that net debt stood at approximately ₹135 crore as of March 31, 2026. Operating cash flow improved from negative ₹142 crore in FY25 to negative ₹77 crore in FY26. Collections exceeding ₹116 crore received on April 2, 2026, converted the full-year operating cash flow to a positive ₹39 crore. For FY27, the company is targeting overall growth of 20% to 25% and expects operating EBITDA margin to be in the range of 22.0% to 23.0%. They are targeting a sustained growth momentum of 30% to 40% in the medium term.
What to do with a filing like this
Oswal Pumps Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Oswal Pumps Limited. Read the original for the full detail.