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OSWAL PUMPS LIMITED

OSWALPUMPSNSE
Market snapshot · 2026-08-11 04:55 UTC

306.90

+₹0.60 (+0.20%)

MARKET CAP

₹3.50K Cr

STOCK P/E

9.4x

52W HIGH

₹888.40

52W LOW

₹283.10

BOOK VALUE

₹155.50

EPS

₹32.62

ROE

35.08%

SECTOR

Industrials

DEBT/EQUITY

14.11

VOLUME

2.39L

P/B RATIO

1.97x

PEG RATIO

0.25

Sector

Industrials

Themes

Industrial Machinery
₹873.80₹728.55₹583.30₹438.05₹292.80VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Oswal Pumps is an industrial machinery company manufacturing solar pumps in India. Solar-powered and grid-connected submersible and monoblock pumps drive sales across agricultural, residential, commercial, and industrial customers. Electric motors and solar modules add product breadth, while exports extend reach across multiple international markets. Revenue grew 44.3% year-on-year, but Q1 profit weakness signals pressure on near-term earnings conversion and margins. ROE is high at 35.1%, though declining margins and debt/equity of 14.11 indicate substantial leverage amplifies both returns and financial risk. Profit growth at 34.1% trails revenue growth, suggesting weaker operating leverage or higher financing costs. At 8.9 times earnings, the stock appears discounted versus its growth profile, following a 60% decline and recent Q1 selloff. The key open question is whether execution and IPO-funded expansion can restore margins without increasing leverage further.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for OSWALPUMPS.

3.00 analysts

Price Forecast

Current
₹308.30
High Target
₹530.00
▲ +71.9%
Median Target
₹450.00
▲ +46.0%
Low Target
₹393.00
▲ +27.5%
Now₹308.30High ₹530.00Median ₹450.00Low ₹393.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹219.87 - ₹396.8480%
6M₹186.41 - ₹429.6880%
12M₹143.94 - ₹468.9180%
Realized vol: +46.1% · Drift: -6.5%

Revenue Forecast

₹ Cr
Jun '26Current₹344.0
Sep 2026 ETrend estimate range
High₹625.9Base₹579.5Low₹533.2
Sep '25: ₹485.0 · Dec '25: ₹448.0 · Mar '26: ₹420.0 · Jun '26: ₹344.0 · Sep '26: ₹579.5 · Dec '26: ₹535.3
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E485.0448.0420.0344.0579.5535.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹1.90
Sep 2026 ETrend estimate range
High₹6.03Base₹5.38Low₹4.74
Sep '25: ₹6.65 · Dec '25: ₹6.09 · Mar '26: ₹5.46 · Jun '26: ₹1.90 · Sep '26: ₹5.38 · Dec '26: ₹4.93
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E6.656.095.461.905.384.93
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
66%
Analyst Consensus
Unavailable

From 3 analysts

Mean upside+48.4%

Fundamentals

Moderate

Fundamentals institutional score is 62 using EVA spread proxy 23.1%; growth durability 5.4.

Valuation

Attractive relative to peers

Valuation institutional score is 90 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 88 using mean target upside 48.4%; dispersion penalty 12.0; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 31 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 9 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and analyst consensus provide support, while technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersAnalyst Consensus PositiveTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price457.7 target
Mean Upside+48.4%
Technical Score31%
Fundamental Score62%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 32.0% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.23). Confidence: 66%.

Live forward EPS implies next-12-month EPS of ₹27.75. Applying the stock's normalized valuation corridor produces a fair range of ₹299.70 to ₹578.87, with base value near ₹359.92 (+17.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹27.75

Forward P/E

11.0x

Base Fair Value

₹359.92

Fair Range

₹299.70 - ₹578.87

Upside To Base

+17.5%

Estimate Source

Live forward EPS

Growth Estimate

+34.9%

P/E
Strongly Undervalued

5Y Average

14.19

Current

8.82

Overvalued

20.86

Undervalued

10.80

EV/EBITDA
Strongly Undervalued

5Y Average

10.57

Current

6.57

Overvalued

14.57

Undervalued

7.24

P/B
Strongly Undervalued

5Y Average

7.03

Current

1.97

Overvalued

5.20

Undervalued

2.41

Peers & Comparison

Sector: Industrials · Theme: Industrial Machinery

Industrial Machinery Peers6 peers
Avg P/E: 53.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
KIRLOSKAR BROTHERS LTD
KIRLOSBROSIndustrial Machinery
+12.9%8.0%
41.3x
Undervalued
-22% vs avg
+1.2%
INGERSOLL-RAND INDIA LTD
INGERRANDIndustrial Machinery
-3.7%18.4%
53.2x
Fair
0% vs avg
+18.6%
CYIENT DLM LIMITED
CYIENTDLMIndustrial Machinery
+34.3%6.1%
66.8x
Premium
+26% vs avg
+59.5%
LLOYDS ENGG WORK LIMITED
LLOYDSENGGIndustrial Machinery
+113.4%14.6%
64.0x
Premium
+21% vs avg
+43.0%
KSB LIMITED
KSBIndustrial Machinery
+3.6%9.0%
56.9x
Fair
+7% vs avg
-1.4%
KIRLOSKAR PNEUMATIC COM L
KIRLPNUIndustrial Machinery
+7.6%14.5%
36.7x
Undervalued
-31% vs avg
+9.7%
WHY THESE PEERS

OSWAL PUMPS LIMITED trades at a discount (9.4x vs peer avg 53.1x), suggesting potential undervaluation relative to the Industrial Machinery cohort. Peers include KIRLOSKAR BROTHERS LTD, INGERSOLL-RAND INDIA LTD, CYIENT DLM LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹344 CrJun 2026

Latest net profit

₹22 CrJun 2026

Latest EPS

₹1.90Jun 2026

Net margin

11.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%7.0%14.0%21.0%28.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr90 Cr180 Cr270 Cr360 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-650 Cr0.00 Cr650 Cr1.30K Cr1.95K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +246355294342280444485448420344
Expenses +213266201250202331381345337308
Operating Profit33909491781131051038236
OPM %13%25%32%27%28%25%22%23%20%11%
Other Income +1111013053
Interest5691011113787
Depreciation4222222333
Profit before tax2482838065100101937630
Tax %18%25%27%25%25%26%25%26%18%27%
Net Profit +20626160487476696222
EPS in Rs34.0210.546.136.024.866.506.656.095.461.90
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2024Jun 2025Sep 2025Dec 2025Mar 2026
Promoters97.83%75.67%75.67%75.67%75.67%
FII4.40%3.76%2.64%0.85%
DII8.75%9.42%8.60%6.60%
Public2.17%5.87%6.89%8.86%12.66%
Others5.31%4.26%4.23%4.22%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 09, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 09, 2026PDFCompany Reports Open

Intimation Under Regulation 30(5) Of The SEBI (LODR Regulations), 2015

Aug 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Aug 08, 2026PDFCompany Reports Open