Oswal Greentech Limited (OSWALGREEN)

About

Oswal Greentech Limited is an investment company within the Financial Services sector, with market capitalization of ₹541.33 Cr. Recent performance shows severe contraction: quarterly revenue declined 76% year-on-year from ₹20.19 Cr (Jun 2025) to ₹4.71 Cr (Jun 2026), with profitability swinging between positive quarters (27% OPM in Dec 2025) and significant losses (₹83.16 Cr in Mar 2026).

Face value: ₹10

Market cap

₹495 Cr

P/E

—

P/B

0.2×

Dividend yield

0%

ROE

-2.6%

ROCE

1.7%

Debt / equity

0

OPM

-62.5%

EPS (TTM)

₹-2.4

Book value

₹92.9

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Revenue collapsed 76% year-on-year (₹20.19 Cr in Jun 2025 to ₹4.71 Cr in Jun 2026); verify whether business exit, client loss, or restructuring
Operating margins severely negative in recent quarters (-79.62% in Jun 2026, -47.12% in Mar 2026, down from +27.15% in Dec 2025); verify operational challenges
Extreme earnings volatility: ₹83.16 Cr net loss in Mar 2026 followed by ₹8.42 Cr profit in Jun 2026 suggests reliance on non-operating gains; verify sustainability and one-time factors
Minimal institutional investor participation (FII 0.01-0.02%, DII 0.02%) combined with 50.79% stock price decline signals weak analyst coverage and investor confidence

Generated analysis · source review pending

Growth drivers

Margin recovery potential: company achieved 27.15% operating margin in Dec 2025, demonstrating unit economics can turn positive if business stabilizes
Revenue stabilization: quarterly revenue fell from ₹20.19 Cr (Jun 2025) to ₹4.71 Cr (Jun 2026); if stabilization occurs and margins turn positive, profitability could recover
Volatility resolution: extreme earnings swings (₹83.16 Cr loss in Mar 2026 to ₹8.42 Cr profit in Jun 2026) suggest underlying volatility; stabilization could unlock consistent profitability

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹19.3-0.7%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 57.8×
+High promoter holding of 70.7% with no pledge

Cons

−Low return on equity of -0.7% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

66/100

Business quality: 40
Growth: 59
Valuation: 100

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Jio Financial Services LimitedJIOFINJIOFIN	₹1,40,316 Cr	₹1,62,084 Cr	₹4,905 Cr	₹3,264 Cr	65.6%	₹2,066 Cr	44.4%	—	1.2%	—
Aditya Birla Capital LimitedABCAPITALABCAPITAL	₹1,02,546 Cr	₹2,81,426 Cr	₹48,186 Cr	₹17,803 Cr	36.7%	₹4,104 Cr	8.5%	—	11.6%	—
Tata Investment Corporation LimitedTATAINVESTTATAINVEST	₹31,122 Cr	₹31,122 Cr	₹404 Cr	₹361 Cr	89.4%	₹431 Cr	109.2%	—	1.4%	—
Cholamandalam Financial Holdings LimitedCHOLAHLDNGCHOLAHLDNG	₹25,721 Cr	₹2,36,121 Cr	₹40,993 Cr	₹22,781 Cr	55.1%	₹2,669 Cr	14%	—	17.5%	—
Tvs Holdings LimitedTVSHLTDTVSHLTD	₹24,010 Cr	₹60,166 Cr	₹62,488 Cr	₹9,940 Cr	15.8%	₹1,970 Cr	5.8%	—	30.4%	—
Maharashtra Scooters LimitedMAHSCOOTERMAHSCOOTER	₹14,113 Cr	₹14,113 Cr	₹289 Cr	₹285 Cr	98.7%	₹279 Cr	99.3%	—	1.1%	—
Jsw Holdings LimitedJSWHLJSWHL	₹12,496 Cr	₹12,496 Cr	₹184 Cr	₹168 Cr	92.2%	₹137 Cr	81.7%	—	0.5%	—
Religare Enterprises LimitedRELIGARERELIGARE	₹7,663 Cr	₹8,064 Cr	₹8,941 Cr	₹60 Cr	1.6%	₹50 Cr	0.9%	—	3.2%	—
Pilani Investment And Industries Corporation LimitedPILANIINVSPILANIINVS	₹4,320 Cr	₹6,712 Cr	₹248 Cr	₹216 Cr	88.5%	₹-12 Cr	11%	—	0.2%	—
Nalwa Sons Investments LimitedNSILNSIL	₹2,633 Cr	₹2,636 Cr	₹98 Cr	₹77 Cr	74.8%	₹55 Cr	56.1%	—	0.3%	—
Kalyani Investment Company LimitedKICLKICL	₹2,065 Cr	₹2,065 Cr	₹78 Cr	₹65 Cr	82.2%	₹41 Cr	47.1%	—	0.4%	—
El Cid Investments LimitedELCIDINELCIDIN	₹2,043 Cr	—	₹134 Cr	₹127 Cr	94.5%	₹109 Cr	81%	—	1.2%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	79	20	21	18	19	24	21	56	66	37
Interest	0	0	0	1	1	1	1	1	1	1
Expenses	27	30	42	-13	30	40	35	75	78	60
Financing profit	52	-10	-21	30	-11	-17	-16	-20	-13	-24
Financing margin %	64.9%	-51.9%	-97.7%	162.1%	-59.1%	-70.6%	-78.2%	-36.8%	-20.3%	-64.5%
Other income	26	83	91	99	95	82	78	36	27	69
Depreciation	—	2	2	4	4	4	4	5	4	3
Exceptional items	—	0	0	-23	0	0	0	0	0	-101
Profit before tax	67	71	69	102	80	61	58	11	10	-59
Tax	-19	27	21	30	30	15	20	4	1	3
Tax %	-28%	38.8%	29.9%	29.8%	37.6%	24.7%	35%	39.4%	13.1%	5.4%
PAT	85	43	48	71	50	46	38	6	9	-62
EPS (₹)	3.3	1.7	1.9	2.8	2	1.8	1.5	0.3	0.7	-4.9
EPS adjusted (₹)	3.3	1.7	1.9	2.8	2	1.8	1.5	0.3	0.3	-2.4
	0%	0%	0%	0%	0%	0%	102%	0%	0%	—
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	257	257	257	257	257	257	257	257	257	257	257
Reserves	1,924	1,968	2,011	2,059	—	2,180	2,227	2,226	2,233	2,243	2,128
	—	—	—	—	—	0	0	0	0	5	0
	40	40	42	40	—	54	46	53	46	53	38
Total equity & liabilities	2,221	2,265	2,310	2,356	—	2,491	2,529	2,536	2,535	2,557	2,422
	126	124	122	121	127	123	125	123	120	122	119
CWIP	—	—	—	—	—	0	0	0	0	—	0
Investments	315	138	47	9	—	114	157	154	154	294	296
	1,780	2,004	2,141	2,226	2	2,254	2,247	2,259	2,261	2,141	2,007
Total assets	2,221	2,265	2,310	2,356	129	2,491	2,529	2,536	2,535	2,557	2,422

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Unallocated	42.62	33.95	586.61	27.63	558.98	6.07
Real Estate	36.88	-10.65

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Ratios

Annual operating, return, leverage and working-capital ratios.

No ratio history

Ratios derive from annual statements, which haven't been ingested yet.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	64.34%	64.34%	64.34%	64.34%	69.19%	69.19%	69.19%	69.19%	69.19%	70.01%	70.65%	70.65%
	0.05%	0.01%	0.03%	0.01%	0.03%	0%	0.02%	0%	0.01%	0.01%	0.02%	0.01%
	0.02%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	35.59%	35.64%	35.61%	35.63%	30.76%	30.79%	30.77%	30.79%	30.78%	29.96%	29.31%	29.32%
No. of shareholders	—	—	—	—	—	—	—	—	2,44,823	2,42,604	2,39,987	2,39,214

Promoter holding up 6.31 percentage points since Sep 2023.

34 deals · 29 Jan 2024 – 17 Sept 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
17 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	17,22,744	₹63.30	₹10.90 Cr
17 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	17,22,744	₹63.33	₹10.91 Cr
17 Sept 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	14,47,426	₹63.14	₹9.14 Cr
17 Sept 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	14,15,024	₹63.51	₹8.99 Cr
16 Sept 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	21,98,405	₹64.72	₹14.23 Cr
16 Sept 2024	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	19,05,259	₹64.76	₹12.34 Cr
16 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	16,78,199	₹64.20	₹10.77 Cr
16 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	16,78,199	₹64.03	₹10.75 Cr
16 Sept 2024	AAKRAYA RESEARCH LLP	Bulk	NSE	Sell	15,71,495	₹64.87	₹10.19 Cr
16 Sept 2024	AAKRAYA RESEARCH LLP	Bulk	NSE	Buy	15,71,495	₹64.80	₹10.18 Cr

1–10 of 34

1 / 4

Mrs. ARUNA OSWALExecutive Director-Chairperson related to Promoter
Mr. SHAEL OSWALNon-Executive - Non Independent Director
Mr. BABU RAM SOMANINon-Executive - Independent Director
Mr. VIMAL BHATNAGARNon-Executive - Independent Director-Shareholder Director
Ms. PRERNA SINGHNon-Executive - Independent Director
Mr. Rahul KhadriyaNon - Executive Independent Director
Mr. Alok GuptaChief Financial Officer
Mr. Harshendra MandloiCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Oswal Greentech Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Annual reports

14

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Interim dividend15 Jul 2022 · ex-date₹1.5

1

Board meeting to consider results7 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

7 announcementsExport CSV

1 Oct 2026, 8:04 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

29 Sept 2026, 2:02 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

29 Sept 2026, 1:48 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

8 Sept 2026, 1:31 pmAGM/EGM

Oswal Greentech Ltd - 539290 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

Postal Ballot PDF

5 Sept 2026, 12:39 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

4 Sept 2026, 4:49 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 4:45 pmAGM/EGM

Notice Of 44Th Annual General Meeting - SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015

AGM PDF

Date	Category	Subject	Filing
1 Oct 2026, 8:04 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 2:02 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

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Oswal Greentech Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Peers

Financials

Segment results

Ratios

No ratio history

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

1

1

Announcements

No ratio history

1

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Segment results

Compounded sales growth

Return on equity

Investment Activities · revenue

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-13	55	-13	-22	-43	-46	-57	-145	-466	110	388
	-86	-50	9	20	47	50	54	186	474	-110	-384
	-0	-0	0	0	-3	-3	1	-42	-3	-2	-2
Net cash flow	-99	4	-4	-1	1	1	-2	-0	5	-2	2
Free cash flow	-16	55	-14	-22	-43	-46	-63	-147	-468	110	388
CFO / Operating profit %	—	105.8%	—	—	-138.9%	—	—	—	—	—	—

Oswal Greentech Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

No ratio history

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends1

Board meetings1

Announcements

No ratio history

Dividends1

Board meetings1

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Return on equity

Investment Activities · revenue

1

1

1

1