Oswal Pumps Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Oswal Pumps reported Q1 FY27 revenue of Rs 474 crore, down 7.9% year-on-year and 7.1% sequentially, with EBITDA margin at 17.1% and operating EBITDA margin at 15.7%. Management attributed the margin decline to competitive bidding under the Magel Tyala scheme, diversification into module sales, and elevated input costs from geopolitical factors. The company maintained its FY27 revenue growth guidance of 20-25% and an EBITDA margin range of 15% to 17%, while citing delays in the PM KUSUM 2.0 scheme rollout.
Oswal Pumps reported FY26 operating income of Rs 2,064 crore, up 44.3% year-on-year, with Q4 FY26 operating income at Rs 510 crore, up 39.8%. Full year PAT reached Rs 376 crore, a record, while Q4 EBITDA margin moderated to 23.2% due to competitive tender pricing and input cost pressures. Management outlined an FY27 growth target of 20-25%, describing the year as back-ended pending the anticipated rollout of PM-KUSUM 2.0.