Omax Autos Limited (OMAXAUTO)
₹206.31 +1.77% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Omax Autos' revenue was ₹122 Cr (+22.0% year on year, -29.9% on the previous quarter), and net profit ₹10.6 Cr (+51.5% year on year); the operating margin was 11.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹122 | +22.0% | -29.9% |
| Operating profit | ₹13.5 | +68.5% | -38.7% |
| Net profit | ₹10.6 | +51.5% | -37.6% |
| EPS (₹) | 4.96 | +48.5% | -38.8% |
| Operating margin | 11.0% | — | — |
OMAXAUTO delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 48.75% of the OMAXAUTO shares traded on NSE were taken to delivery, against the stock's own 20-session average of 53.74%. That is close to its usual level. It closed at a price band (circuit) on 1 session in about the last 20.
Delivery in the last 5 sessions: 42.8% · 32.4% · 55.8% · 53.1% · 48.8%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Omax Autos Limited announced the voting results of its 43rd Annual General Meeting held on August 29, 2026. All eight resolutions were approved by shareholders with a 98.37% majority of votes polled (12,978,948 votes in favour out of 13,194,238 total votes polled). Key approvals include the adoption of FY26 financial statements, dividend declaration, reappointment of directors, and a revision in remuneration for Managing Director Devashish Mehta. Overall voter turnout represented 61.69% of the company's 21,388,213 total outstanding shares.
- All 8 resolutions passed with 98.37% votes polled in favour (12,978,948 out of 13,194,238 votes)
- Total voter turnout stood at 61.69% across 21,388,213 outstanding shares
- 90 shareholders attended the AGM via Video Conferencing out of 16,709 total shareholders on record date
- Approvals included FY26 dividend declaration and remuneration revision for MD Devashish Mehta
Omax Autos Limited successfully conducted its 43rd Annual General Meeting (AGM) on August 29, 2026, via video conferencing with 90 members in attendance. The business transacted included the adoption of audited financial statements for FY 2025-26, declaration of dividend, and director re-appointments. Key special resolutions presented for approval included the re-appointment and remuneration of Whole-Time Director Mr. Tavinder Singh and a remuneration revision for Managing Director Mr. Devashish Mehta. Scrutinizer voting results will be declared separately.
- 43rd AGM convened on August 29, 2026, with 90 members attending via VC/OAVM
- Meeting commenced at 11:00 AM and concluded at 12:05 PM IST
- Transacted 8 resolutions across ordinary and special business, including FY26 dividend declaration
- Voted on remuneration revision for MD Mr. Devashish Mehta and re-appointment of WTD Mr. Tavinder Singh
Omax Autos Limited has announced its 43rd Annual General Meeting (AGM) scheduled for August 29, 2026, at 11:00 A.M. via video conferencing. The company has dispatched letters to shareholders who have not registered their email addresses, providing the web-link to access the Annual Report for FY 2025-26. This is a procedural disclosure under SEBI Regulation 36(1)(b). Investors should note the cut-off date for this dispatch was July 24, 2026.
- 43rd Annual General Meeting scheduled for August 29, 2026, at 11:00 A.M. IST
- Cut-off date for identifying shareholders without registered emails was July 24, 2026
- Annual Report for FY 2025-26 made available via specific web-link on the company website
- Compliance filing under SEBI Regulation 36(1)(b) regarding shareholder communication
Omax Autos Limited has scheduled its 43rd Annual General Meeting (AGM) for August 29, 2026. Key agenda items include the approval of FY26 financial statements, a dividend declaration, and the re-appointment of key directors. Notably, the company is seeking shareholder approval to increase the Managing Director's remuneration ceiling to Rs 2.00 crore per annum, up from the Rs 84.49 lakh drawn by MD Devashish Mehta in FY26. The company continues to face high customer concentration, with approximately 95% of revenue derived from top clients like Tata Motors.
- 43rd Annual General Meeting scheduled for August 29, 2026, via Video Conferencing.
- Proposed revision of Managing Director Devashish Mehta's remuneration ceiling to Rs 2.00 crore per annum for a 3-year term.
- MD Devashish Mehta drew Rs 84.49 lakh in remuneration during the financial year 2025-26.
- Proposed re-appointment of Whole-Time Director Tavinder Singh with a remuneration cap of Rs 85 lakh for a 1-year term.
- Ratification of Cost Auditor remuneration at Rs 2.50 lakh plus taxes for FY 2026-27.
Omax Autos reported a strong start to FY27, with Q1 revenue growing 22.4% YoY to ₹121.99 Cr. Net profit saw a significant jump of 48.5% YoY, reaching ₹10.60 Cr compared to ₹7.14 Cr in the same quarter last year. The board has recommended a final dividend of ₹2.5 per share (25% of face value) for FY26, with a record date set for August 21, 2026. Management continuity is maintained with the re-appointment of Mr. Tavinder Singh as Whole Time Director.
- Revenue from operations increased 22.4% YoY to ₹121.99 Cr in Q1 FY27.
- Net profit grew 48.5% YoY to ₹10.60 Cr from ₹7.14 Cr in Q1 FY26.
- Recommended a final dividend of ₹2.5 per equity share for the financial year 2025-26.
- Fixed August 21, 2026, as the record date for dividend eligibility.
- Mr. Tavinder Singh re-appointed as Whole Time Director for a 1-year term starting October 28, 2026.
Omax Autos reported a strong Q1 FY27 with revenue from operations growing 22.4% YoY to ₹121.99 cr. Net profit (PAT) saw a significant jump of 48.5% YoY to ₹10.60 cr, compared to ₹7.14 cr in the same quarter last year. The board has recommended a final dividend of ₹2.5 per share (25% of face value) for FY26, with a record date of August 21, 2026. Additionally, the company ensured management continuity by re-appointing Mr. Tavinder Singh as Whole Time Director and Mr. Nipun Khurana as Independent Director.
- Revenue from operations increased 22.4% YoY to ₹121.99 cr in Q1 FY27
- Net profit (PAT) grew 48.5% YoY to ₹10.60 cr from ₹7.14 cr in Q1 FY26
- Recommended a final dividend of ₹2.5 per share (25% of face value) for FY25-26
- Fixed August 21, 2026, as the record date for dividend eligibility
- Re-appointed Mr. Tavinder Singh as Whole Time Director for a 1-year term starting October 2026
Omax Autos Limited reported a strong Q1 FY27 with revenue from operations growing 22.4% YoY to ₹121.99 cr. Net profit for the quarter surged 48.4% YoY to ₹10.60 cr, up from ₹7.14 cr in the previous year's corresponding quarter. The Board has recommended a final dividend of ₹2.5 per share (25% on face value) for FY26, with a record date of August 21, 2026. Additionally, the company ensured leadership continuity by re-appointing Mr. Tavinder Singh as Whole Time Director.
- Revenue from operations increased to ₹121.99 cr in Q1 FY27 compared to ₹99.64 cr in Q1 FY26.
- Net profit rose significantly to ₹10.60 cr, representing a 48.4% YoY growth.
- Recommended a final dividend of ₹2.5 per equity share of ₹10 each for FY 2025-26.
- Fixed August 21, 2026, as the record date for dividend eligibility.
- Re-appointed Mr. Tavinder Singh as Whole Time Director for one year starting October 28, 2026.
Omax Autos reported a strong Q1 FY27 with revenue growing 22.4% YoY to ₹121.99 cr and net profit surging 48.5% YoY to ₹10.60 cr. The board recommended a final dividend of ₹2.5 per share (25% of face value) for FY26, fixing August 21, 2026, as the record date. Profitability was aided by a reduction in finance costs, which fell to ₹3.46 cr from ₹4.40 cr YoY. The company also confirmed the re-appointment of key management personnel, including Whole Time Director Tavinder Singh.
- Revenue from operations increased 22.4% YoY to ₹121.99 cr in Q1 FY27.
- Net profit for the quarter rose 48.5% YoY to ₹10.60 cr from ₹7.14 cr.
- Recommended final dividend of ₹2.5 per equity share of ₹10 face value.
- Fixed August 21, 2026, as the record date for dividend eligibility.
- Finance costs reduced by 21.4% YoY to ₹3.46 cr, improving net margins.
Omax Autos reported a strong start to FY27 with Q1 revenue growing 22.4% YoY to ₹121.99 Cr. Net profit for the quarter surged 48.5% to ₹10.60 Cr, driven by operational efficiencies as employee costs and finance charges remained relatively stable despite higher volumes. The Board has recommended a final dividend of ₹2.5 per share (25% of face value) for FY26, with a record date of August 21, 2026. Additionally, the company re-appointed Tavinder Singh as Whole Time Director for a one-year term.
- Recommended final dividend of ₹2.5 per equity share for FY25-26, subject to shareholder approval.
- Q1 FY27 Revenue from operations rose to ₹121.99 Cr from ₹99.64 Cr in Q1 FY26.
- Net profit increased to ₹10.60 Cr in Q1 FY27 compared to ₹7.14 Cr in the same period last year.
- Earnings Per Share (EPS) improved to ₹4.96 for the quarter from ₹3.34 YoY.
- Fixed August 21, 2026, as the record date for dividend eligibility.
Omax Autos reported a strong start to FY27 with revenue from operations growing 22.4% YoY to ₹121.99 Cr. Net profit surged 48.4% YoY to ₹10.60 Cr, supported by a reduction in finance costs from ₹4.40 Cr to ₹3.46 Cr. The board recommended a final dividend of ₹2.5 per share (25% of face value) for FY26, with the record date set for August 21, 2026. Key management re-appointments were also confirmed to ensure leadership continuity.
- Revenue from operations increased 22.4% YoY to ₹121.99 Cr from ₹99.64 Cr.
- Net Profit (PAT) grew 48.4% YoY to ₹10.60 Cr compared to ₹7.14 Cr in the previous year's quarter.
- Recommended a final dividend of ₹2.5 per equity share of ₹10 each for FY25-26.
- Finance costs decreased by 21.4% YoY to ₹3.46 Cr, indicating improved debt management.
- Earnings Per Share (EPS) for the quarter rose to ₹4.96 from ₹3.34 YoY.
Omax Autos Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has processed dematerialization and rematerialization requests for the quarter ended June 30, 2026. This is a mandatory procedural requirement for all listed entities to ensure depository records match company records. There is no financial impact or change in business operations resulting from this announcement.
- Compliance certificate for the quarter ended June 30, 2026
- Certificate issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited
- Submission date to stock exchanges recorded as July 08, 2026
Omax Autos Limited has announced the closure of its trading window for designated persons starting July 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the declaration of un-audited financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the financial results are made public. The specific date for the board meeting to approve these results will be communicated to the stock exchanges at a later date.
- Trading window for designated persons and relatives closes on July 1, 2026.
- Closure pertains to the un-audited financial results for the quarter ending June 30, 2026.
- Trading restriction remains in effect until 48 hours after the official results declaration.
- Compliance follows the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Omax Autos has declared an interim dividend of ₹2.5 per share (25% of face value) for FY 2025-26, with a record date of May 08, 2026. The company reported a robust financial performance for the full year, with total income rising 32% to ₹519.99 crore. Net profit for the year saw a significant jump of 72%, reaching ₹37.04 crore compared to ₹21.55 crore in the previous year. This growth is reflected in the Basic EPS, which rose to ₹17.32 from ₹10.07 YoY.
- Declared interim dividend of ₹2.5 per equity share (25%) for the financial year 2025-26
- Full-year FY26 Net Profit increased by 71.9% YoY to ₹37.04 crore from ₹21.55 crore
- Total Income for FY26 grew to ₹519.99 crore, up from ₹393.70 crore in FY25
- Basic Earnings Per Share (EPS) improved significantly to ₹17.32 from ₹10.07
- Fixed May 08, 2026, as the record date for determining shareholder dividend eligibility
Omax Autos Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with total income growing 32% YoY to ₹51,999.64 lakhs. Net profit witnessed a significant jump of 72%, reaching ₹3,704.10 lakhs compared to ₹2,154.65 lakhs in the previous year. The company also declared an interim dividend of ₹2.5 per share (25%) and showed a healthy reduction in long-term debt. New internal auditors have been appointed for the 2026-27 fiscal year to strengthen governance.
- Net profit increased by 72% YoY to ₹3,704.10 lakhs for FY 2025-26.
- Total income grew by 32% YoY to ₹51,999.64 lakhs from ₹39,369.58 lakhs.
- Declared an interim dividend of ₹2.5 per equity share with a record date of May 08, 2026.
- Non-current borrowings significantly reduced to ₹1,900.16 lakhs from ₹4,244.42 lakhs YoY.
- Basic EPS improved substantially to ₹17.32 from ₹10.07 in the previous fiscal year.
Omax Autos Limited reported a robust financial performance for the fiscal year ended March 31, 2026, with total income rising 32% to ₹519.99 crore. Net profit for the year jumped significantly to ₹37.04 crore, up from ₹21.55 crore in the previous year. The company's Board has declared an interim dividend of ₹2.50 per equity share (25% of face value) and fixed May 08, 2026, as the record date. Earnings per share (EPS) improved from ₹10.07 to ₹17.32, reflecting strong operational growth.
- Annual Net Profit increased by 71.9% YoY to ₹37.04 crore in FY26
- Revenue from operations grew 31.2% YoY to ₹484.50 crore
- Interim Dividend of ₹2.50 per equity share declared for FY 2025-26
- Record date for dividend eligibility set for May 08, 2026
- Basic EPS rose to ₹17.32 for FY26 compared to ₹10.07 in FY25
Financial Performance
Revenue Growth by Segment
Total Operating Income grew 24.00% YoY to INR 300.78 Cr in FY23, driven by the commencement of production at the Long Member Plant. The company operates in a single segment of metal sheet components and parts.
Geographic Revenue Split
Not disclosed in available documents. Manufacturing units are located in Uttar Pradesh and Haryana.
Profitability Margins
Operating Profit Margin was 22.87% in FY25, a slight decline of 1.16% from 23.14% in FY24. Net Profit Margin improved significantly by 78.04% to 5.84% in FY25 from 3.28% in FY24.
EBITDA Margin
EBITDA margin was 4.60% (INR 13.83 Cr) in FY23, recovering from -11.30% (INR -25.12 Cr) in FY22. Core profitability improved due to the operationalization of the Long Member Plant.
Capital Expenditure
Not disclosed in available documents, though significant investment was made in the Long Member Plant which commenced production in FY23.
Credit Rating & Borrowing
Credit rating was IVR BB-/Stable (Long term) and IVR A4 (Short term) as of January 2024, subsequently reaffirmed and withdrawn at the company's request. Interest coverage ratio improved 30.48% to 2.74 in FY25.
Operational Drivers
Raw Materials
Sheet metal (Steel) is the primary raw material used for manufacturing automobile and railway components. Specific cost percentages are not disclosed.
Capacity Expansion
The company commenced production at its Long Member Plant in FY23, which was the primary driver for the 24.00% revenue growth that year.
Raw Material Costs
Raw material price increases adversely impacted the Railway business due to the fixed-price nature of railway contracts, squeezing margins when input costs rose.
Manufacturing Efficiency
Inventory turnover ratio improved 26.06% to 28.15 in FY25, indicating higher operational efficiency in moving stock.
Strategic Growth
Expected Growth Rate
24%
Growth Strategy
Growth is driven by the Commercial Vehicle (CV) segment revival in construction and mining, and the operationalization of the Long Member Plant. The company leverages a 30-year relationship with Tata Motors Limited to secure repeat orders and maintain a healthy market share in frame assembly.
Products & Services
Sheet metal components, long members for trucks/buses, frame assemblies for medium and heavy trucks, and frame assemblies for CNG intermediate CVs.
Brand Portfolio
Omax Autos Limited.
New Products/Services
Frame assembly for intermediate CVs running on compressed natural gas (CNG).
Market Share & Ranking
Healthy market share with Tata Motors Limited in long-member manufacturing and frame assembly for medium and heavy trucks and buses.
External Factors
Industry Trends
The CV industry is growing due to infrastructure revival and reopening of schools/tourism. There is a technology shift toward CNG for intermediate commercial vehicles.
Competitive Moat
Moat is built on a 30-year established relationship with Tata Motors and specialized manufacturing capabilities for heavy CV frame assemblies, which are difficult for new entrants to replicate quickly.
Macro Economic Sensitivity
Sensitive to infrastructure segments (construction, mining, highway construction), RBI interest rate changes, and general economic revival affecting fleet operator profitability.
Consumer Behavior
Revival in tourism and reopening of schools is driving demand for buses and related frame assemblies.
Regulatory & Governance
Industry Regulations
Compliance with the Companies Act, 2013 and Indian Accounting Standards (Ind AS). GST regulations under the CGST Act, 2017.
Taxation Policy Impact
The company faced a demand for tax with interest and penal action under Section 74(1) of the CGST Act, 2017, for alleged intent to evade tax.
Legal Contingencies
A penalty proceeding for a total demand of INR 125,55,66,334 (approx. INR 125.56 Cr) was dropped by the Commissioner (Appeals), Lucknow, on November 18, 2025.
Risk Analysis
Key Uncertainties
High customer concentration (95%) and volatility in raw material prices for fixed-price contracts are the primary business risks.
Geographic Concentration Risk
Manufacturing is concentrated in Uttar Pradesh and Haryana.
Third Party Dependencies
Critical dependency on Tata Motors Limited for the majority of the CV segment revenue.
Technology Obsolescence Risk
Risk of failing to keep pace with fast-changing technology and new product development requirements from major automotive customers.
Credit & Counterparty Risk
Receivables quality is high as indicated by a 101.22% improvement in the Debtors Turnover ratio to 104 in FY25.