Oswal Pumps reported record FY26 performance with total income up 45.6% YoY to ₹20,859 million and PAT of ₹3,763 million.
Q4 FY26 PAT grew 44.8% YoY to ₹925 million, though EBITDA margin contracted 310 bps to 24.2% due to competitive pricing.
Operating cash flow turned positive in Q4 at ₹1,706 million, with a robust order book of over 19,912 pumps across government schemes.
Company is diversifying into Rooftop Solar and C&I EPC projects with a 300 MW pipeline, reducing dependency on single schemes.