Oswal Pumps Reports 15.9% Growth in Q3FY26 Net Profit to ₹694.32 Million
Oswal Pumps Limited reported strong Q3FY26 results with standalone net profit growing 15.9% to ₹694.32 millions and revenue increasing 31.1% to ₹4,477.17 millions. Nine-month performance showed net profit of ₹2,192.46 millions, up 20.1% YoY. Consolidated results were even stronger with Q3FY26 net profit of ₹915.59 millions. The company continues strategic utilization of IPO proceeds while maintaining robust growth across its pumps and motors business segments.

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Oswal Pumps Limited has delivered robust financial performance in Q3FY26, demonstrating strong growth across key metrics. The company, which specializes in manufacturing and exporting submersible pumps, centrifugal pumps, solar water pumps, electric motors, and submersible cables, reported significant improvements in both standalone and consolidated results for the quarter and nine months ended December 31, 2025.
Standalone Financial Performance
The company's standalone results showcased impressive growth momentum during Q3FY26. Revenue from operations increased substantially, reflecting strong demand across the company's product portfolio.
| Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹4,477.17 millions | ₹3,415.59 millions | +31.1% |
| Net Profit | ₹694.32 millions | ₹598.88 millions | +15.9% |
| Basic EPS | ₹6.25 | ₹6.02 | +3.8% |
| Total Income | ₹4,496.23 millions | ₹3,424.45 millions | +31.3% |
The company's profit before tax reached ₹934.81 millions in Q3FY26, compared to ₹799.72 millions in the corresponding quarter of the previous year. This growth was achieved despite an exceptional item of ₹18.52 millions related to the impact of new labour codes implemented by the Government of India.
Nine-Month Performance Analysis
The nine-month performance further reinforced the company's strong operational efficiency and market position. Total income for the nine months ended December 31, 2025, reached ₹13,821.25 millions, representing a significant increase from ₹9,933.92 millions in the corresponding period last year.
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹13,765.13 millions | ₹9,914.48 millions | +38.8% |
| Net Profit | ₹2,192.46 millions | ₹1,825.80 millions | +20.1% |
| Basic EPS | ₹19.72 | ₹18.35 | +7.5% |
| Profit Before Tax | ₹2,948.13 millions | ₹2,453.09 millions | +20.2% |
Consolidated Results Show Strong Performance
The consolidated financial results, which include the performance of subsidiaries and associates, demonstrated even stronger growth metrics. For Q3FY26, consolidated net profit reached ₹915.59 millions compared to ₹803.93 millions in Q3FY25.
| Consolidated Metrics | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹5,010.70 millions | ₹3,797.47 millions | +32.0% |
| Net Profit | ₹915.59 millions | ₹803.93 millions | +13.9% |
| Basic EPS | ₹8.26 | ₹8.08 | +2.2% |
For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹15,546.52 millions, while net profit stood at ₹2,837.43 millions, representing substantial growth from the previous year.
IPO Proceeds Utilization and Corporate Developments
The company has been strategically utilizing its IPO proceeds raised through the listing on NSE and BSE on June 20, 2025. Out of the total net proceeds of ₹8,415.14 millions, the company has utilized ₹5,018.85 millions as of December 31, 2025.
| IPO Utilization | Planned Amount | Utilized Amount | Remaining Balance |
|---|---|---|---|
| Capital Expenditure | ₹898.60 millions | ₹135.28 millions | ₹763.32 millions |
| Subsidiary Investment | ₹2,727.58 millions | ₹123.39 millions | ₹2,604.19 millions |
| Debt Repayment | ₹2,800.00 millions | ₹2,800.00 millions | ₹0.00 millions |
| General Corporate Purpose | ₹1,678.96 millions | ₹1,650.18 millions | ₹28.78 millions |
The company has also implemented employee stock option plans, recognizing an expense of ₹4.38 millions for Q3FY26 related to ESOP grants. Additionally, the Board approved ESOP grants worth ₹3 millions to the President and Chief Operating Officer during the quarter.
Historical Stock Returns for Oswal Pumps
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.60% | -0.24% | -24.65% | -49.69% | -39.35% | -39.35% |


































