Oswal Pumps FY27 preview: Q1 estimates, FY26 profit

Key updates investors are tracking

Oswal Pumps reported FY2026–2027 revenue of ₹2,085.9 crore and profit of ₹372.9 crore, based on the figures shared in the provided data. As of June 2026, the company’s market capitalisation was stated at ₹3,717.70 crore. The current share price was cited at ₹425.75, while another reference point in the same material put the CMP at around ₹426. Alongside the full-year numbers, investors are also watching quarterly momentum and the upcoming Q1 FY27 results window.

Full-year snapshot: income and profit

For FY26, the same dataset also reports total income of ₹2,085.905 crore (₹20,859.05 million), up 45.57% year-on-year from ₹1,432.923 crore (₹14,329.23 million) in FY25. The profit figure highlighted for FY2026–2027 was ₹372.9 crore. With these numbers, the company’s scale in reported income is materially higher than earlier years shown in the Profit and Loss table ending March 2025, where net sales were ₹1,271.65 crore.

Q2 FY26: strong YoY growth, modest QoQ rise

For the quarter ended September (Q2 FY 2025-26), Oswal Pumps reported a 6.1% quarter-on-quarter increase in consolidated revenues and 75.8% year-on-year growth. Quarterly expenses rose 7.7% QoQ and 89.2% YoY. Net profit increased 3.0% QoQ and 48.2% YoY. Diluted earnings per share (EPS) for Q2 FY26 was reported at ₹8.43.

Q3 FY26 and Q1 FY26: margin and PAT disclosures

Separate quarterly highlights in the dataset indicate Q3 FY26 total income of ₹507.7 crore (₹5,077 million), described as 33.4% YoY growth. EBITDA for Q3 FY26 was ₹133.7 crore (₹1,337 million) with an EBITDA margin of 26.3%, while PAT was ₹91.6 crore (₹916 million) with a PAT margin of 18.0%. For Q1 FY26, total income was stated at ₹515.0 crore (₹5,150 million), with EBITDA of ₹141.9 crore (₹1,419 million) and an EBITDA margin of 27.5%. PAT for Q1 FY26 was reported at ₹94.7 crore (₹947 million), and RoNW and RoCE were noted at 41.6% and 50.6%, respectively.

Q4 FY26: mixed QoQ movement in revenue and profit

For Q4 FY26, one disclosure in the material states revenue from operations at ₹419.763 crore (₹4,197.63 million), down 6.24% QoQ from ₹447.717 crore (₹4,477.17 million) in Q3 FY26 and up 49.81% YoY from ₹280.204 crore (₹2,802.04 million) in Q4 FY25. Total income for Q4 FY26 was cited at ₹423.822 crore (₹4,238.22 million), down 5.74% QoQ from ₹449.623 crore (₹4,496.23 million). Net profit for Q4 FY26 was reported at ₹62.263 crore (₹622.63 million), down 10.32% QoQ from ₹69.431 crore (₹694.31 million) and up 28.87% YoY from ₹48.316 crore (₹483.16 million). The same section reported basic EPS for Q4 FY26 at ₹5.62 (versus ₹6.25 in Q3 FY26 and ₹4.86 in Q4 FY25).

Quarterly financials table (as provided)

The following quarterly table is reproduced in ₹ crore terms as given in the dataset.

FY27 watch: Q1 estimates and timeline

The dataset includes a “Uniresearch trailing-growth estimate” for Q1 FY27 revenue of ₹677-779 crore, based on a Q1 FY26 base of ₹515 crore. It also provides a PAT estimate range of ₹121-154 crore for Q1 FY27, compared with a Q1 FY26 actual net profit/PAT of ₹94 crore in that estimate table. The same estimate set suggests a 12-month target price range of ₹511-566.

The expected results timing is described as July to August 2026 (indicative), aligned with the broader NSE and BSE results season for the quarter ending June 2026. This timing note appears repeatedly in the material and is presented as an indicative window rather than a confirmed date.

Market impact: what the numbers change for investors

At the reported share price of ₹425.75 and cited market capitalisation of ₹3,717.70 crore (June 2026), near-term attention typically shifts to the consistency between revenue growth, expense growth, and profit conversion. In Q2 FY26, revenue growth (75.8% YoY) was accompanied by a sharper expense rise (89.2% YoY), while profit still rose 48.2% YoY, according to the provided summary. For Q4 FY26, the data shows a QoQ decline in revenue from operations and net profit, even as YoY growth remained positive.

Why this matters: separating quarter volatility from trendlines

Across FY26 disclosures, the material indicates strong YoY growth in total income at the full-year level, alongside quarter-to-quarter variability in margins and profits. The quarterly table for Mar 2026 also shows operating profit at ₹82.44 crore and PAT at ₹62.26 crore, both lower than the Sep 2025 and Dec 2025 quarters in that same series. Meanwhile, Q1 FY27 estimate ranges presented in the dataset suggest expectations of continued growth versus Q1 FY26, and the market will likely weigh these estimates against the company’s eventual reported numbers when results are announced.

Conclusion

Oswal Pumps’ reported FY2026–2027 revenue of ₹2,085.9 crore and profit of ₹372.9 crore set the broader context, while Q2 FY26 growth and Q4 FY26 QoQ softness highlight the importance of quarterly execution. With Q1 FY27 results expected in the July to August 2026 window (indicative), the next update will be the company’s reported June-quarter financials and any accompanying management commentary.