Oswal Pumps Limited · NSE:OSWALPUMPS
Oswal Pumps — Investor Presentation (May 2026)
33 slides from Oswal Pumps's investor presentation, May 17, 2026
Slide 1: Exchange cover letter: Strategy Presentation
May 17, 2026 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.: Strategy Presentation
Slide 2: Oswal Pumps Limited Strategy Presentation May 2026
OSWAL PUMPS LIMITED Strategy Presentation May 2026
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 Financial 01 Snapshot 03 Summary Why Oswal 02 Pumps 04 Annexures
Slide 5: Company Snapshot
Company 01 Snapshot
Slide 6: 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 Highlights Key Pr
Slide 7: Oswal Pump's Timeline
New manufacturing Empaneled with state-owned plant was set up in power distribution utility Karnal, Haryana for companies to supply about 40,000 submersible motor pumps pumps and electric 2012 and initiated end to end EPC • Started participating directly in motors government tenders pertaining to se
Slide 8: Details of Manufacturing Facilities
Details of Manufacturing Facilities Facility for manufacturing pumps and Facility for manufacturing Manufacturing electric motors solar modules Facility Facility for manufacturing pumps and electric motors • Year of commencement of operations: 2010 • Year of commencement of operations: 2024 • Total
Slide 9: Why Oswal Pumps
Why Oswal 02 Pumps
Slide 10: Why Oswal Pumps?
Why Oswal Pumps? Vertically Integrated Enhanced Engineering & Manufacturing Design Capabilities Competencies Tapping Other New Comprehensive Opportunities Product Portfolio In the Solar Space Tapping Opportunities Extensive Distribution Under Government Schemes Network (PM-KUSUM) Strong Presence in
Slide 11: Vertically Integrated Manufacturing Competencies (1/2)
Vertically Integrated Manufacturing Competencies (1/2) End-to-end pump manufacturing capabilities having undertaken extensive backward Continue to focus on backward integration by increasing in-house integration initiatives over the years, providing Oswal Pumps with competitive advantage manufacturi
Slide 12: Vertically Integrated Manufacturing Competencies (2/2)
Vertically Integrated Manufacturing Competencies (2/2) Complete Value Chain Presence in Solar Pumping Systems Solar Panel Oswal Solar Energy Private Limited Wholly Owned Subsidiary Pump Controller Structures Ground Level Walso Solar Solutions Private Limited Associate – 38.5% Oswal Pumps Motor Limit
Slide 13: Enhanced Engineering and Design Capabilities
Enhanced Engineering and Manufacturing facility is housed with advanced machines and equipment's Design Capabilities Complete control over the entire value chain, from design and manufacturing to installation and commissioning and providing end-to-end services In-house tool room used to repair & mai
Slide 14: 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 FY26 Agriculture 90.9% 96.1% 9
Slide 15: Extensive Distribution Network
Extensive Distribution Network Extensive network of 1,383 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 16: 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, Karnataka, Uttar Pradesh, Punjab, Rajasthan, and Uttarakhand % of Revenue* FY23 FY24 FY25 FY26
Slide 17: 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 Vivek Gupta Chairman and Managing Director Ani
Slide 18: Industry Tailwinds (1/4)
Industry Tailwinds (1/4) India Pumps Market India Pumps Market Size (US$ bn,(INR bn)}1 Pump Exports From India (US$ bn)1 Indian Solar Pumps Market Size 2% Agricultural Industrial Residential 10% 8.0 1.4 1.4 0.4 1.3 $ 1.9 bn $ 3.2 bn 1.2 FY25 6.0 CAGR 1.2 FY30P 2.1 FY-25-30P 0.2 0.9 0.9 4.0 14.9% 98%
Slide 19: Industry Tailwinds (2/4)
Industry Tailwinds (2/4) 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 20: Industry Tailwinds (3/4)
Industry Tailwinds (3/4) 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 Global Pumps Market Segments (US$ bn)1 CAGR CY18-24 Agricultural Industrial Resident
Slide 21: Industry Tailwinds (4/4)
Industry Tailwinds (4/4) India’s Solar Market - Utility Scale, C&I, PM KUSUM & Rooftop GW Installed 5.5 6.7 5.0 11.0 11.0 15.1 24.7 44.7 50.0 ~45 GW FY26 Total — all segments combined First 50 GW – 11 Years Next 50 GW – 3 Years Last 50 GW – 14 Months ~47% 10.0 Utility Scale's share of total market 8
Slide 22: Tapping Opportunities under Government Schemes (PM-KUSUM) (1/5)
Tapping Opportunities under Government Schemes (PM-KUSUM) (1/5) One of the Largest Suppliers of Agri-Solar Powered Pumps under the PM KUSUM Scheme Within six years of supplying solar powered agricultural pumps, emerged as one of the largest suppliers of solar powered agricultural pumps under the PM
Slide 23: Tapping Opportunities under Government Schemes (PM-KUSUM) (2/5)
Tapping Opportunities under Government Schemes (PM-KUSUM) (2/5) 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 24: Tapping Opportunities under Government Schemes (PM-KUSUM) (3/5)
Tapping Opportunities under Government Schemes (PM-KUSUM) (3/5) Tendering process and milestone-based payment framework under PM-KUSUM 1 MNRE reviews the proposals and allocates pump quantities to 3 State opens portal for farmers to select preferred vendors 5 states/implementing agencies from the em
Slide 25: Tapping Opportunities under Government Schemes (PM-KUSUM)(4/5)
Tapping Opportunities under Government Schemes (PM-KUSUM)(4/5) Number of Pumps Supplied Particulars FY23 FY24 FY25 FY26 Solar pumps forming part of Turnkey Solar Pumping Systems1 supplied directly by us - 9,383 36,046 18,604 under the PM Kusum Scheme (A) Solar pumps supplied other than A, C and D (B
Slide 26: Tapping Opportunities under Government Schemes (PM-KUSUM) (5/5)
Tapping Opportunities under Government Schemes (PM-KUSUM) (5/5) Revenue Breakup * Particulars (in INR mn) FY23 FY24 FY25 FY26 Revenue from the supply of the Turnkey Solar Pumping Systems** directly by us under - 3,274 9,611 5,347 the PM Kusum Scheme (A) Revenue from other Government Schemes (B) # -
Slide 27: Tapping Other New Opportunities in the Solar Space (1/2)
Tapping Other New Opportunities in the Solar Space (1/2) Rooftop Solar, Utility and C&I Solar Projects PM Surya Ghar: Muft Bijli Yojna Our Progress A flagship Government of India program (~₹75,000 crore outlay) aimed at enabling Beyond our core solar irrigation business, FY26 rooftop solar adoption
Slide 28: Tapping Other New Opportunities in the Solar Space (2/2)
Tapping Other New Opportunities in the Solar Space (2/2) Rooftop Solar, Utility and C&I Solar Projects Rooftop Solar Utility & C&I Solar Projects Strong Topline Visibility A MW 1,546 Open and Upcoming Tenders 2,470 MW B MW 1,313 Tenders Participated 1,170 MW 220 MW Pipeline 80 MW C 13 MW Current Ord
Slide 29: Financial Summary
Financial 03 Summary
Slide 30: Track record of Financial Performance
Track record of Financial Performance Revenue From Operations Gross Profit & Margin Operating EBITDA1 & Margin In Rs. Millions In Rs. Millions & % In Rs. Millions & % 54.7% 66.3% 91.1% 44.1% 39.3% 600 0 29.4% 24.9% 35. 00% 20,644 660 0 50. 00% 30. 00% 45. 00% 500 0 560 0 33.7% 40. 00% 19.8% 25. 00%
Slide 31: Annexures
04; Annexures
Slide 32: Installed Capacity and Capacity Utilization
Installed Capacity and Capacity Utilization FY23 FY24 FY25 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 Steel P
Slide 33: 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