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Founded in 2003, Oswal Pumps Limited is a prominent Indian manufacturer of solar and grid-connected pumps, electric motors, and solar modules, offering turnkey solar pumping systems under the PM Kusum Scheme.
Oswal Pumps delivered strong FY26, with ₹2,064.4 Cr revenue & ₹376.3 Cr PAT. Net debt fell 70% to ₹134.6 Cr, boosting balance sheet. Secured new solar rooftop and 63 MW Bihar projects, diversifying growth. Module capacity expanding to 1,570 MW. Credit rating upgraded to ICRA A+ Stable.