Solar pumps leader Oswal Pumps Ltd reported robust unaudited Q3 & 9M FY26, driven by govt schemes.
Financials (₹ Mn):
Q3: Income 5,077 (+33% YoY, -7% QoQ), EBITDA 1,337 (+12% YoY, 26.3% margin +166 bps QoQ), PAT 916 (+14% YoY, 18% margin). EPS ₹8.25.
9M: Income 15,692 (+47% YoY), EBITDA 4,104 (+27%, 26.2% margin), PAT 2,837 (+31%, 18.1% margin). EPS ₹25.59.
Ex-labor code: 9M PBT +31% YoY, 23.7% margin.
Highlights:
Order book >24,500 pumps (PM-KUSUM direct/indirect, Magel Tyala, exports); pipeline 25,000+.
Capacity expansions planned.
CMD Vivek Gupta: "KUSUM execution fuels growth. Value-engineering counters tender pricing. Robust book/pipeline for solar irrigation shift."
Oswal rides renewables for farmer empowerment.
Shares of Oswal Pumps Limited was last trading in BSE at Rs. 378.95 as compared to the previous close of Rs. 381.35. The total number of shares traded during the day was 16056 in over 705 trades.
The stock hit an intraday high of Rs. 384.35 and intraday low of 368.30. The net turnover during the day was Rs. 6021462.00.