Oswal Pumps Reports Strong Q2 Growth with 9.4% Revenue Rise and Robust Financials

Oswal Pumps posted a solid performance in Q2 FY26, with revenue rising 9.4% to ₹4,852.35 crore from the previous quarter, driven by strong demand for its solar panels, pumps, and motors. Net profit stood at ₹757.71 crore, with EPS of ₹6.65, reflecting improved profitability. The company maintains a healthy balance sheet, with cash reserves of ₹775.16 crore as of September 30, 2025. It has utilized ₹4,776.06 crore of its ₹8,415.14 crore IPO proceeds, allocating funds toward debt repayment (₹2,800 crore), corporate purposes (₹1,650 crore), and investment in its subsidiary Oswal Solar (₹310 crore). The remaining ₹3,639 crore is parked in fixed deposits. To strengthen leadership, the board appointed Mr. Avadesh K. Singh as President & COO, effective November 15, bringing over 37 years of sales and marketing experience. With strategic capital deployment, expanding manufacturing capabilities, and strong cash flow, Oswal Pumps is well-positioned to capitalize on India’s growing solar and agricultural infrastructure demand, reinforcing its market leadership in the sector.