Oswal Pumps reports record ₹20,859 million total income for FY26 with 45.6% growth

Business Desk — Sat, 16 May 2026 14:41:12 +0000

Oswal Pumps Limited has announced a record-breaking financial performance for the fiscal year 2026, with total income surging by 45.6% year-on-year to ₹20,859 million, marking the highest in the company’s history. This growth was driven by significant execution under government schemes such as PM KUSUM.

The company’s Q4 FY26 results also showed strong performance, with total income reaching ₹5,167 million, reflecting a year-on-year growth of 41.3%. The EBITDA for Q4 FY26 stood at ₹1,250 million, with a margin of 24.2%, while the full-year EBITDA grew by 26.7% year-on-year to ₹5,354 million, maintaining a healthy margin of 25.7%.

Profit after tax (PAT) for FY26 reached a historic high of ₹3,763 million, a year-on-year increase of 34.1%. For Q4 FY26, PAT was ₹925 million, up 44.8% year-on-year, with PAT margins of 17.9% for the quarter and 18.0% for the full year.

The company’s cash flow from operations improved significantly, turning positive to ₹393 million for the full year, thanks to better working capital management and collections efficiency. This improvement was highlighted by collections exceeding ₹1,164 million received on April 2, 2026, which effectively turned the operating cash flow position positive.

Oswal Pumps also reported a robust order book of over 19,912 pumps, with a pipeline exceeding 25,000 pumps, and is closely monitoring the anticipated rollout of PM KUSUM 2.0. The company is diversifying into Rooftop Solar, Utility, and Commercial & Industrial Solar EPC projects, broadening its market reach.

Chairman and Managing Director Vivek Gupta expressed optimism about the company’s growth trajectory, citing ongoing capacity expansions and a diversifying revenue mix as key factors for sustained value creation.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

PM KUSUM | Business Upturn

Oswal Pumps reports record ₹20,859 million total income for FY26 with 45.6% growth