Oswal Pumps' Profit in FY25 up by 187.3%
By Ankur Chandra | Published at: Jul 11, 2025 12:29 PM IST
Karnal, July 11, 2025 – Oswal Pumps Limited (BSE: 544418, NSE: OSWALPUMPS) had a great year in FY25. Its consolidated Profit After Tax jumped 187.3% year over year to ₹2,806 million, thanks to strong demand for its solar-powered pump solutions and turnkey solar pumping systems. The company has taken advantage of the PM-KUSUM scheme to become one of India’s fastest-growing vertically integrated solar pump manufacturers. Oswal Pumps had a good market debut in June and July 2025 with its IPO, which raised about ₹1,387 crore. The company was listed on the BSE and NSE on June 20 and was added to the BSE Indices on June 24.
As of the latest trade, Oswal Pumps Limited was quoted at ₹702.80, down ₹32.85 or 4.47%.
FY25 and Q4 FY25 Key Financial Highlights
| Particulars | Q4 FY25 | Q4 FY24 | YoY % | Q3 FY25 | QoQ % | FY25 | FY24 | YoY % |
|---|---|---|---|---|---|---|---|---|
| Total Income (₹ Mn) | 3,656 | 2,308 | 58.4% | 3,805 | -3.9% | 14,329 | 7,612 | 88.2% |
| EBITDA (₹ Mn) | 998 | 457 | 118.6% | 1,191 | -16.2% | 4,225 | 1,528 | 176.5% |
| EBITDA Margin (%) | 27.3% | 19.8% | +751 bps | 31.3% | -401 bps | 29.5% | 20.1% | +941 bps |
| PAT (₹ Mn) | 639 | 286 | 123.5% | 804 | -20.5% | 2,806 | 977 | 187.3% |
| PAT Margin (%) | 17.5% | 12.4% | +509 bps | 21.1% | -365 bps | 19.6% | 12.8% | +675 bps |
| Diluted EPS (₹) | 6.32 | 4.88 | 29.5% | 8.04 | -21.4% | 28.18 | 9.82 | 187.0% |
Segment Update & Operational Insights
- Full-year EBITDA margin improved to 29.5%, reflecting a 941 basis point expansion over the previous year.
- The Q4 FY25 margin declined sequentially due to a shift in the product mix, with direct PM Kusum sales (a higher-margin vertical) dropping 11% and external module sales (a lower-margin vertical) rising 12%.
- As of June 30, 2025, the company had successfully executed 48,915 Turnkey Solar Pumping System orders under the PM Kusum Scheme.
Management Commentary
“On behalf of the management team at Oswal Pumps Limited, I extend our heartfelt gratitude to the investment community for the overwhelming response to our IPO. We are truly humbled by the trust and confidence you have placed in us,” said Mr. Vivek Gupta, Chairman and Managing Director.
“The company delivered strong performance in the year gone by, with total income rising by 88.2% to ₹14,329 million. EBITDA grew by 176.5% to ₹4,225 million, and PAT surged to ₹2,806 million. We remain committed to delivering on our promises and exceeding expectations.”
Consolidated PAT skyrocketed 187.3% YoY to ₹2,806 million in FY25, underpinned by strong solar pump demand. The company’s leadership in turnkey solar systems and fully integrated manufacturing is fueling rapid growth across India and global markets, supported by significant expansion plans backed by its recent IPO.
About the Company
Oswal Pumps Limited is one of India’s fastest-growing, vertically integrated solar pump manufacturers. With over two decades of expertise in pump engineering, the company offers turnkey solar pumping systems, submersible and monoblock pumps, electric motors, and solar modules under the Oswal brand. It holds ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certifications and is listed in the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM). The company maintains a pan-India distribution network and a growing global footprint across residential, agricultural, and industrial sectors.
REF:https://nsearchives.nseindia.com/corporate/OSWALPUMPS_11072025090443_SE_LetterPress_ReleaseOPL11072025.pdf
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