Oswal Pumps Limited · NSE:OSWALPUMPS
Oswal Pumps — Q1 FY26 Earnings Presentation
36 slides from Oswal Pumps's earnings presentation, Aug 4, 2025
Slide 1: Exchange cover letter: Investor Presentation
August 04, 2025 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (East) Mumbai – 400 001 Mumbai – 400051 Scrip Code: 544418 Name of Scrip: OSWALPUMPS Sub.: Investor Presentat
Slide 2: Oswal Pumps Limited Q1 FY26 Investor Presentation
OSWAL PUMPS LIMITED Q1 FY26 Investor Presentation
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects and/or prospects, estimates etc. I
Slide 4: Agenda
Agenda Company Snapshot Financial Highlights Why Oswal Pumps ? Robust Financials Annexures 3
Slide 5: Company Snapshot
Company Snapshot 4
Slide 6: Management Commentary
Management Commentary “On behalf of the management team at Oswal Pumps Limited, I would like to sincerely thank the entire investment community for the overwhelming response to our IPO. We are deeply honored by the trust and confidence you have shown in us. Your support motivates us to strive harder
Slide 7: One of the Fastest Growing Vertically Integrated Solar Pump Manufacturer in India
One of the Fastest Growing Vertically Integrated Solar Pump Manufacturer in India Fully integrated turnkey providers of solar pumping systems, with comprehensive backward integration encompassing pumps, motors, solar panels, mounting structures, and balance of system (BoS) kits Key Products Manufact
Slide 8: Key Milestones
Key Milestones 2019 2021 2024 ▪ Collaborated with Tata Power ▪ Empanelled with state-owned power distribution utility ▪ “Walso Solar Solution Private Limited” 2011 Solar Systems for supply of (Associate) was incorporated as part of pumps companies to supply about ▪ Commenced backward- 40,000 submers
Slide 9: Details of Manufacturing Facilities
Details of Manufacturing Facilities Facility for manufacturing pumps and Facility for manufacturing solar Manufacturing Facility electric motors modules • Year of commencement of operations: 2010 • Year of commencement of operations: 2024 • Total land area of 41,076 sq. mt. • Total land area of 11,0
Slide 10: Financial Highlights
Financial Highlights 9
Slide 11: Financial Highlights – Q1FY26
Financial Highlights – Q1FY26 Particulars (INR mn) Revenue from Operations Operating EBITDA* Profit before Tax Profit after Tax Q1FY26 5,139 1,408 1,251 947 Growth (YoY) 36.8% 38.7% 35.5% 34.2% Growth (QoQ) 40.9% 42.4% 52.2% 48.2% Margin % 27.4% 24.3% 18.4% Margin – YoY 37 bps (26 bps) (38 bps) Expa
Slide 12: Financial Highlights – Q1FY26
Financial Highlights – Q1FY26 Particulars 30-Jun-24 31-Mar-25 30-Jun-25 RONW(%)1 ROCE(%)7 Net Worth1 2,307 4,433 13,798 132.3% 144.4% 82.5% Total Borrowings 1,408 3,235 501 93.0% 50.6% 41.6% Cash & Cash Equivalents2 14 11 2 Unutilized amount from IPO proceeds related to repayment of - - 588 Jun'24 M
Slide 13: Why Oswal Pumps ?
Why Oswal Pumps ? 12
Slide 14: Why Oswal Pumps ?
Why Oswal Pumps ? Industry Comprehensive Tailwinds Product Portfolio 1 5 Vertically Integrated Extensive Manufacturing Distribution Competencies Network 2 6 Strong Presence in Enhanced Engineering & Design Capabilities Major Agricultural Belts of India 3 7 Tapping Opportunities under Government Expe
Slide 15: Industry Tailwinds (1/3)
Industry Tailwinds (1/3) Indian Pumps Market Indian Pumps Market Size (US$ bn, (INR bn))1 Indian Solar Pumps Market Size Pump Exports from India (US$ bn)1 2% Agricultural Industrial Residential CAGR 1.4 1.4 8.0 FY25-30P 10% 1.3 1.2 0.4 14.9% 1.2 6.0 2.1 11.8% $ 1.9 bn $ 3.2 bn 0.9 0.9 0.2 FY25 FY30P
Slide 16: Industry Tailwinds (2/3)
Industry Tailwinds (2/3) India Offers a Vast Potential for Installation of Solar Pumps The combined market potential for installing solar pumps, encompassing both the replacement of diesel pumps and providing pumps to those without access, stands at an impressive approximately INR 3,600 billion (US$
Slide 17: Industry Tailwinds (3/3)
Industry Tailwinds (3/3) Global Pumps Market The global pump market was US$ 71.7bn in 2024 and is expected to reach US$ 94.0bn by 2029, growing at a CAGR of 5.6% between 2024-20291 Global Pumps Market Size (US$ bn)1 Growth Drivers1 100 94.0 80 71.7 Technological advancements • Advanced technologies
Slide 18: Vertically Integrated Manufacturing Competencies
Vertically Integrated Manufacturing Competencies End-to-end pump manufacturing capabilities having undertaken extensive backward integration initiatives over the years, providing Oswal Pumps with competitive advantages ✓ 22+ years of experience in pumps ✓ End-to-end pump manufacturing capabilities ✓
Slide 19: Enhanced Engineering and Design Capabilities
Enhanced Engineering and Design Capabilities Complete control over the entire value chain, from design and manufacturing to installation and commissioning and providing end-to-end services ✓ Manufacturing facility is housed with advanced machines and equipments ✓ In-house tool room used to repair &
Slide 20: Tapping Opportunities under Government Schemes (PM-KUSUM) (1/4)
Tapping Opportunities under Government Schemes (PM-KUSUM) (1/4) One of the Largest Suppliers of Agri-Solar Powered Pumps under the PM KUSUM Scheme Within five years of supplying solar powered agricultural pumps, emerged as one of the largest suppliers of solar powered agricultural pumps under the PM
Slide 21: Tapping Opportunities under Government Schemes (PM-KUSUM) (2/4)
Tapping Opportunities under Government Schemes (PM-KUSUM) (2/4) Continue to Focus on Government Schemes and Maintain Leadership Position Leverage the pump and solar module manufacturing capabilities to capitalize on the growth opportunities provided by the PM KUSUM Scheme and also tap into the growi
Slide 22: Tapping Opportunities under Government Schemes (PM-KUSUM) (3/4)
Tapping Opportunities under Government Schemes (PM-KUSUM) (3/4) Number of Pumps Supplied Particulars FY23 FY24 FY25 Q1 FY26 Solar pumps forming part of Turnkey Solar Pumping Systems1 supplied directly by us under the PM - 9,383 36,046 3,418 Kusum Scheme (A) Solar pumps supplied as part of Turnkey So
Slide 23: Tapping Opportunities under Government Schemes (PM-KUSUM) (4/4)
Tapping Opportunities under Government Schemes (PM-KUSUM) (4/4) Revenue* from the supply of Solar Pumps directly and indirectly for the PM Kusum Scheme Particulars (in INR mn) FY23 FY24 FY25 Q1 FY26 Revenue from the supply of the Turnkey Solar Pumping Systems** directly by us under the PM Kusum - 3,
Slide 24: Comprehensive Product Portfolio
Comprehensive Product Portfolio Wide range of solar-powered and grid-connected submersible and monoblock pumps, electric motors as well as solar modules under the ‘Oswal’ brand Wide Product Range Ability to service customers across segments % of Revenue* FY23 FY24 FY25 Q1 FY26 Agriculture 90.9% 96.1
Slide 25: Extensive Distribution Network
Extensive Distribution Network Extensive network of 1,050 distributors in India has enabled to serve customers across India. The robust distribution network in India helps distinguish from the competition in the industry where a lack of well-developed distribution channels can pose significant barri
Slide 26: Strong Presence in Major Agricultural Belts in India
Strong Presence in Major Agricultural Belts in India Strong presence in North India particularly in the major agricultural states such as Haryana and presence in other regions in India such as Maharashtra, Uttar Pradesh, Rajasthan, Chhattisgarh and Punjab % of Revenue* FY23 FY24 FY25 Q1 FY26 Haryana
Slide 27: Experienced Promoter and Senior Management Team
Experienced Promoter and Senior Management Team The strength of the Board and Senior Management and their experience has enabled the company to take advantage of market opportunities and better serve customers Board of Directors Key Managerial Personnel 18+ 5+ 3+ 7+ Vivek Gupta Amulya Gupta Shivam G
Slide 28: Robust Financials
Robust Financials 27
Slide 29: Robust Financials
Robust Financials Revenue From Operations Gross Profit & Margin Operating EBITDA1 & Margin In Rs. Millions In Rs. Millions & % In Rs. Millions & % 58.3% 81.2% 121.7% 6,314 14,303 660 0 50. 00% 450 0 4,199 35. 00% 40.3% 27.4% 45. 00% 560 0 400 0 33.7% 30. 00% 40. 00% 30.7% 44.1% 350 0 460 0 29.5% 35.
Slide 30: Summary of Profit and Loss Statement
Summary of Profit and Loss Statement Particulars (INR mn) Q1 FY26 Q1 FY25 YoY Q4 FY25 QoQ FY25 Revenue from Operations 5,139 3,756 36.8% 3,646 40.9% 14,303 Operating EBITDA1 1,408 1,015 38.7% 988 42.4% 4,199 Operating EBITDA Margin2 (%) 27.4% 27.0% 37 bps 27.1% 29 bps 29.4% Other Income 11 4 156.5%
Slide 31: Thank You
Thank You Chief Financial Officer Investor Relations Advisor Subodh Kumar Udit Sancheti Subodh.kumar@oswalpumps.com ir@uirtus.in www.oswalpumps.com www.uirtus.in 30
Slide 32: Annexures
Annexures 31
Slide 33: Installed Capacity and Capacity Utilisation
Installed Capacity and Capacity Utilisation FY23 FY24 FY25 Q1 FY26 Category Installed Capacity Installed Capacity Installed Capacity Installed Capacity Capacity Utilization Capacity Utilization Capacity Utilization Capacity Utilization* in MT % in MT % in MT % in MT % Pumps and Motors1 Stainless Ste
Slide 34: Cash Conversion Cycle
Cash Conversion Cycle Particulars Jun’24 Mar’25 Jun’25 Receivable Days1 87 111 126 Inventory Days2 29 43 36 Payable Days3 28 19 26 Cash Conversion Cycle4 88 135 136 Note : 1. Receivables days for is calculated by multiplying the average accounts receivables by 365/ 91 and dividing the result by the
Slide 35: IPO Fund Utilization
IPO Fund Utilization In INR mn Amount to be utilized Amount Utilized as on Total Un-utilized amount Objects of the Issue as per Prospectus from Net Proceeds* 30.06.2025 as on 30.06.2025 Funding certain capital expenditure of our Company 898.60 - 898.60 Investment in our wholly-owned subsidiary, Oswa
Slide 36: KPIs
KPIs Particulars (INR mn) FY23 FY24 FY25 Q1 FY26 Revenue from Operations 3,850 7,586 14,303 5,139 Total Income 3,875 7,612 14,329 5,150 Gross Profit 1,182 2,556 6,314 2,069 Gross Margin (%) 30.7% 33.7% 44.1% 40.3% Operating EBITDA 578 1,501 4,199 1,408 Operating EBITDA Margin 15.0% 19.8% 29.4% 27.4%