OSWALPUMPSCapital Goods

Oswal Pumps Limited

Compressors, Pumps & Diesel Engines · ISIN INE0BYP01024 · BSE 544418 · NSE EQ · FV ₹1
Last price
₹273
+1.28%today
What this company does

Oswal Pumps Limited operates in Compressors, Pumps & Diesel Engines, part of the Capital Goods sector. It booked ₹474 cr of revenue in its latest quarter (Q1 FY27) and kept 11.4% of sales as profit.

Empowering India’s Agricultural and Solar Transition Oswal Pumps is one of the fully integrated manufacturers of Products solar-powered and grid-connected pumps, electric motors, and solar modules, serving agricultural, residential and industrial Solar-powered and grid-connected sectors under the ‘Oswal’ brand.
In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 90–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
30

At close. Not part of the score.

Profitability & returns50

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality13

Whether reported profit actually arrives as cash

Valuation95

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 76%
No promoter shares pledged
Watch-outs
! Sales down 8% vs last year
! Profit down 43% vs last year
! Operating cash flow is negative

What if I invest in OSWALPUMPS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹273 +1.28%
latest close · 2026-09-17
52-wk low ₹26642 sessions so far52-wk high ₹393
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.1Low
LowAverageHigh
P/B ratio1.85Moderate
Below bookModerateHigh
EV / EBITDA9.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.8%Fair
WeakFairStrong ▸15%
Return on capital17.7%Strong
WeakFairStrong
Net margin11.4%Decent
ThinDecentStrong
EBITDA margin17.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover9.2×Strong
RiskyOkayStrong ▸5×
Current ratio4.55Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,116 cr
Book value
₹148
EPS
₹4.86
latest quarter
Net debt
₹139 cr
owes more than its cash
Enterprise value
₹3,254 cr
EBITDA
₹330 cr
annualised
EBIT
₹307 cr
annualised
Operating margin
16.2%
Return on assets
10.0%
Earnings yield
7.11%
P/S
1.64
Sales / share
₹166.2
Tax rate
21.1%
Face value
₹1
Shares
11.4 cr
Working capital
₹1,451 cr
Current assets
₹1,859 cr
Current liabilities
₹409 cr
Delivery %
47.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The models value it far above the market price — almost always a data quirk or a value trap, so we won't call it a bargain.
Models span ₹286₹554, midpoint ₹420

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹474 cr
Other Income₹8 cr
Total Income₹482 cr
Cost of Materials₹287 cr
Purchases of Stock-in-Trade₹23 cr
Inventory Change (±)₹8 cr
Employee Benefit Expense₹25 cr
Finance Costs₹8 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹57 cr
Total Expenses₹413 cr
Profit before Tax₹68 cr
Tax Expense₹14 cr
Share of JV / Associates₹17.4 L
Net Profit₹54 cr
Net margin on total income11.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹318 cr65.9%
Employee benefit expense₹25 cr5.2%
Finance costs₹8 cr1.7%
Depreciation & amortisation₹6 cr1.2%
Other expenses₹57 cr11.7%
Tax expense₹14 cr3.0%
Profit for the period₹54 cr11.2%
Total income ₹482 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue501 cr510 cr474 cr
Total income508 cr517 cr482 cr
Expenses387 cr406 cr413 cr
Profit before tax119 cr112 cr68 cr
Tax28 cr20 cr14 cr
Net profit (owners' share)92 cr93 cr54 cr
Net margin (owners' share, on revenue)18.3%18.2%11.4%
EPS (₹)8.268.554.86
YoY (latest quarter): total income -6.5% · net profit -43.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,146 cr
Shareholder equity
₹1,683 cr
parent shareholders
Total debt
₹237 cr
Cash
₹99 cr
Cash flow · H1 FY26
Operating
₹-92 cr
Investing
₹-372 cr
Financing
₹541 cr
Peer comparison
Compressors, Pumps & Diesel Engines · by market value
CompanyPriceMarket capP/E
Cummins India Limited₹5,020₹1.39 L cr57.1
Kirloskar Oil Engines Limited₹2,121₹30,834 cr67.8
Elgi Equipments Limited₹593₹18,802 cr45.2
Kirloskar Brothers Limited₹1,771₹14,078 cr52.8
Ksb Limited₹778₹13,534 cr59.1
Ingersoll Rand (India) Limited₹4,225₹13,339 cr47.3
Shakti Pumps (India) Limited₹464₹5,727 cr27.8
Kirloskar Pneumatic Company Limited₹694₹4,510 cr33.7
Swaraj Engines Limited₹3,553₹4,317 cr19.4
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
75.7%
FII / Foreign
0.1%
DII / Domestic
5.5%
Retail / others
18.8%
Smart-money activity
Bulk / block deals
short · NSE6210 Aug 26
short · NSE2524 Jul 26
SoldVQ FASTERCAP FUND · NSE5.98 L @ ₹343.6123 Jul 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 17 Dec 2025
See the official result
1
Approval of variation in the terms of contract, within the objects of issue referred to in the Prospectus dated June 17, 2025.
Backed by 100% of shareholders other than promotersneeded 75%
1.31 cr votes for, 547 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 46 named members
owning 75.7% between them · as of 2026-06-30
Shorya Trading Company Private Limited47.82%
Ess Aar Corporate Services Private Limited15.43%
Vivek Gupta10.47%
Radhika Gupta1.41%
Rajev Gupta0.29%
Renu Goyal0.16%
Vikas Goela0.04%
Vishal Goela0.04%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹890 cr raised in Jun 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. ICRA watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.