OSWALPUMPS Wins Rs 273.19 crore order from Telangana

OSWALPUMPS Oswal Pumps Limited manufactures solar-powered and grid-connected pumps, electric motors, and solar modules, primarily serving agricultural irrigation needs in India. Oswal Pumps has secured a Rs 273.19 crore order (excluding GST) from Telangana Renewable Energy Development Corporation for the supply, installation, and commissioning of 46.7 MW rooftop solar at 9,937 government schools, including 5 years O&M. The order represents 13.5% of Oswal’s FY24 revenue and 8.7% of its current market cap. Order Wins: Order is 13.5% of annual revenue, 8.7% of market cap; strong government client, new state entry, high impact. Order book Total: Robust order book exceeding 24,500 pumps with a healthy near-term pipeline over 25,000 pumps largely from government-backed solar irrigation schemes.