OM INFRA LIMITED (OMINFRAL)
₹69.56 +0.51% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, OM INFRA's revenue was ₹124 Cr (+19.2% year on year, -22.5% on the previous quarter), and net profit ₹11.5 Cr (against a loss a year earlier); the operating margin was 8.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹124 | +19.2% | -22.5% |
| Operating profit | ₹10.1 | from loss | -52.8% |
| Net profit | ₹11.5 | from loss | +77.3% |
| EPS (₹) | 1.19 | from loss | +77.6% |
| Operating margin | 8.2% | — | — |
OMINFRAL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 45.34% of the OMINFRAL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 50.3%. That is close to its usual level. Turnover was only ₹40 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 47.4% · 44.6% · 27.2% · 54.1% · 45.3%
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
Om Infra released an updated corporate investor presentation reporting an order book of ₹2,015 crore as of June 2026 (~3.9x TTM revenue). The company highlighted recent order wins and L1 status totaling ₹1,080.26 crore across Rajasthan (₹482.27 Cr), Chhattisgarh (₹568.98 Cr), and Uttar Pradesh (₹29.01 Cr). Additionally, it projects a bid pipeline of ₹6,700 crore for FY27 across hydropower, water infrastructure, and JJM. The company is also pursuing expected cash inflows worth ~₹640 crore from pending arbitration awards.
- Order book stood at ₹2,015 crore as of June 2026, representing nearly 3.9x TTM revenue of ₹520 crore
- Secured ₹1,080.26 crore in recent order wins and L1 bids, covering ~72% of FY27 order-inflow guidance
- FY27 bid pipeline pegged at ₹6,700 crore (₹2,700 Cr Hydropower, ₹3,000 Cr Water Infrastructure, ₹1,000 Cr JJM)
- Pursuing expected cash inflows of ~₹640 crore via arbitration awards (₹587 Cr for Bhilwara Jaipur Toll Road and ₹53 Cr for Gurha Thermal)
Om Infra Limited announced that its joint venture, MCC-Om (JV), has received a ₹32.18 crore work order from the Vidarbha Irrigation Development Corporation (VIDC), Maharashtra. The contract entails constructing a Lift Irrigation Scheme to feed the Ghodazari Tank under the Gosikhurd Project. The project is slated for completion within 12 calendar months, including the monsoon period. The contract value represents roughly 6.2% of the company's TTM revenue of ₹520 crore.
- Contract value awarded to MCC-Om (JV) is ₹32,17,72,860/-
- Awarded by the Executive Engineer, Ghodazari Canal Division, Nagbhid under VIDC, Maharashtra
- Execution timeline set to 12 calendar months including the monsoon season
- Scope includes working across 0.941 ha of designated forest land requiring coordination with forest authorities
Om Infra Limited announced that shareholders approved the appointment of M/s. Khandelwal Badaya & Co., Chartered Accountants, as the company's statutory auditors at the 54th AGM held on September 12, 2026. The appointment is for a regular 5 consecutive year term from the conclusion of the 54th AGM to the 59th AGM, regularizing their prior appointment to a casual vacancy. The firm holds a valid Peer Review Certificate through April 30, 2027. This is a standard governance and compliance procedure with no direct impact on financial performance.
- Appointed M/s. Khandelwal Badaya & Co. (FRN: 016506C) as statutory auditors for a 5-year term
- Term extends from the conclusion of the 54th AGM to the conclusion of the 59th AGM
- AGM shareholder approval concluded on September 12, 2026
- Auditor's Peer Review Certificate is valid until April 30, 2027
Om Infra Limited held its 54th Annual General Meeting (AGM) on September 12, 2026, via video conferencing. Key resolutions deliberated included the adoption of financial statements, declaration of dividend, appointment of statutory auditors for a five-year term, and approval of related party transactions. Remote e-voting was conducted between September 8 and September 11, 2026, alongside voting during the meeting. Scrutinizer voting results will be disclosed separately to the stock exchanges.
- 54th Annual General Meeting conducted on September 12, 2026, from 12:30 p.m. to 1:22 p.m.
- Remote e-voting held from September 08, 2026 (9:00 a.m.) to September 11, 2026 (5:00 p.m.)
- Resolutions presented included declaration of dividend and statutory auditor appointment for a 5-year term
- Approval sought for Related Party Transactions and cost auditor's remuneration ratification
Om Infra released its Q1FY27 investor presentation reporting consolidated revenue of ₹124.4 Cr (up 19% YoY) and PAT of ₹11.5 Cr, recovering from a net loss of ₹1.0 Cr in Q1FY26. The company holds an active order book of ₹2,014.91 Cr (~3.9x TTM revenue) and has emerged as the lowest bidder (L1) for two major EPC water projects totaling ₹1,051.25 Cr in Rajasthan and Chhattisgarh. In addition, Infomerics upgraded ₹718.96 Cr of bank facilities to IVR BBB-/Stable, and management is targeting total order inflows of ₹1,500 Cr for FY27.
- Q1FY27 revenue grew 19% YoY to ₹124.4 Cr with PAT turning positive to ₹11.5 Cr (EPS ₹1.19)
- Declared L1 bidder for two major water EPC projects totaling ₹1,051.25 Cr (~202% of TTM revenue)
- Total unexecuted order book stood at ₹2,014.91 Cr as of June 30, 2026, representing a 4.21x book-to-bill ratio
- Infomerics upgraded credit rating on ₹718.96 Cr bank loan facilities to IVR BBB-/Stable from CARE BB+
Om Infra Limited has convened its 54th Annual General Meeting (AGM) on September 12, 2026, via video conferencing. The agenda includes shareholder approval for a final dividend of ₹0.50 per equity share for FY26, with the record date fixed as September 4, 2026. Other resolutions include the 5-year appointment of M/s Khandelwal Badaya & Co. as statutory auditors, ratification of cost auditor remuneration, and approval of related party transactions for FY 2026-27.
- 54th AGM scheduled for Saturday, September 12, 2026 at 12:30 PM IST via VC/OAVM
- Final dividend of ₹0.50 per equity share proposed for FY 2025-26
- Record date for dividend eligibility and AGM e-voting fixed as Friday, September 4, 2026
- Dividend payment to be executed within 30 days of AGM approval (on or before October 11, 2026)
- Appointment of M/s Khandelwal Badaya & Co., CAs, as statutory auditors for a 5-year term
Om Infra Limited has received a Letter of Award for a supplementary work order worth ₹290.115 Million (~₹29.01 Cr) from Uttar Pradesh Jal Nigam (Rural), Lucknow. The contract entails repair works and 3 years of operation & maintenance (O&M) for 306 solar/RO water supply units in Unnao District under the Jal Jeevan Mission. The initial repair phase is scheduled for completion within 2 months by October 12, 2026. This order represents approximately 5.6% of Om Infra's TTM revenue of ₹520 Cr.
- Supplementary order value sanctioned at ₹290.115 Million (~₹29.01 Cr)
- Scope covers repair work and 3 years of annual O&M for 306 water supply units in District Unnao, U.P.
- Repair completion deadline set for October 12, 2026 (2 months)
- Contract represents ~5.6% of TTM revenue of ₹520 Cr
Om Infra Limited has fixed September 4, 2026, as the record date for determining shareholder eligibility for dividend payout for FY26. The 54th Annual General Meeting (AGM) will take place on September 12, 2026, via video conferencing. Remote e-voting is scheduled between September 8 and September 11, 2026. Subject to shareholder approval at the AGM, the dividend will be distributed on or before October 11, 2026.
- Record date and cut-off date for dividend and AGM remote e-voting set as September 4, 2026.
- 54th Annual General Meeting scheduled for Saturday, September 12, 2026 at 12:30 PM.
- Remote e-voting window active from September 8, 2026 (09:00 AM) to September 11, 2026 (05:00 PM).
- Dividend disbursement to eligible shareholders targeted on or before October 11, 2026.
Om Infra reported a strong Q1 FY27 with standalone revenue growing 21% YoY to ₹120.71 Cr and PAT surging to ₹11.83 Cr from ₹0.99 Cr in the previous year. The company has emerged as the L1 bidder for two major water infrastructure projects in Chhattisgarh and Rajasthan totaling ~₹1,050 Cr, which is over 2x its TTM revenue. Execution momentum in Jal Jeevan Mission (JJM) projects is expected to improve as state funding has commenced. However, auditors issued a qualified report citing missing joint operation results and an inability to verify physical inventory across dispersed sites.
- Standalone Net Profit increased to ₹11.83 Cr in Q1 FY27 compared to ₹0.99 Cr in Q1 FY26
- Emerged as L1 bidder for two projects worth ~₹1,050 Cr, representing ~210% of TTM revenue
- Standalone Revenue from operations grew 21% YoY to ₹120.71 Cr from ₹99.78 Cr
- Engineering segment contributed ₹119.33 Cr to the total revenue, showing dominant focus
- Auditors flagged the absence of financial results for two joint operations for the quarter ended June 2026
Om Infra Limited has announced the discontinuation of its credit rating and yearly surveillance engagement with CARE Ratings Limited (CAREedge) effective July 31, 2026. The management stated this move is intended to consolidate the company's credit rating assignments under fewer agencies. The company has formally requested the withdrawal of ratings for its bank facilities and debt instruments and is seeking No Objection Certificates (NOCs) from its lenders. This administrative change affects the oversight of the company's current debt of ₹90 crore.
- Discontinuation of credit rating services with CARE Ratings Limited effective July 31, 2026.
- Management decision to consolidate credit rating assignments for operational efficiency.
- Formal request submitted to CAREedge to withdraw existing ratings on bank facilities and debt instruments.
- Company is currently coordinating with banks to obtain necessary No Objection Certificates (NOCs).
- The change pertains to the company's debt profile, which stood at ₹90 crore as per latest financials.
Om Infra Limited has been declared the Lowest Bidder (L1) for a major water resource project in Chhattisgarh valued at ₹568.98 Crores. This order is highly material, representing approximately 114% of the company's TTM revenue of ₹500 Crores and roughly 65% of its current market capitalization. The scope includes the construction of the Mohmela Sirpur Barrage, a pipe irrigation network, and five years of operation and maintenance. While the company awaits the formal Letter of Intent (LOI), this win significantly strengthens its order book and future revenue visibility.
- Total contract value of ₹568.98 Crores for the Mohmela Sirpur Barrage Project.
- Order size represents ~114% of the company's TTM revenue of ₹500 Crores.
- Includes a 5-year operation and maintenance (O&M) commitment post-construction.
- Project involves complex civil engineering and micro-irrigation systems on the Mahanadi River.
- Company is currently the L1 bidder and is awaiting the formal Letter of Intent (LOI).
Om Infra Limited has been declared the lowest bidder (L1) for a major EPC turnkey project by the Water Resource Department, Rajasthan, valued at Rs 482.27 crore. This single project is highly material, representing approximately 96.5% of the company's TTM revenue of Rs 500 crore. The contract involves the construction of a dam and a pressurized irrigation network for 10,000 hectares in Baran district. While the formal Letter of Intent (LOI) is pending, this win significantly strengthens the company's order book and revenue visibility for the coming years.
- Declared L1 bidder for a project valued at Rs 482.27 crore, nearly matching the TTM revenue of Rs 500 crore
- Project involves EPC turnkey work for the Andheri Medium Irrigation Project in Baran, Rajasthan
- Scope covers irrigation development for approximately 10,000 hectares using SCADA automation and solar power
- Contract includes survey, design, construction, and Operation & Maintenance (O&M) of the dam and piped network
Om Infra Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document, issued by the Registrar and Share Transfer Agent (RTA) Skyline Financial Services Private Limited, pertains to the quarter ended June 30, 2026. This is a routine procedural filing confirming that share certificates received for dematerialization have been processed and cancelled as per regulatory requirements. It indicates that the company's shareholding records are being maintained in accordance with SEBI norms.
- Compliance certificate submitted for the quarter ended June 30, 2026
- Certificate issued by Registrar and Share Transfer Agent, Skyline Financial Services Private Limited
- Filing submitted to BSE and NSE on July 14, 2026
- Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018
Infomerics has upgraded Om Infra's long-term credit rating to IVR BBB- (Stable) from CARE's previous BB+ (Stable), moving the company into the investment-grade category. The upgrade covers bank facilities totaling Rs 718.96 crore, which is substantial compared to the company's current debt of Rs 90.80 crore. Despite a 29.7% decline in FY26 revenue to Rs 468.42 crore due to slow government fund releases, the company maintains a robust order book of Rs 2,106.61 crore. The rating reflects a comfortable capital structure with a low gearing of 0.16x and adequate liquidity.
- Long-term rating upgraded to IVR BBB- (Stable) from CARE BB+ (Stable), crossing the investment-grade threshold.
- Short-term rating upgraded to IVR A3 from CARE A4+ for bank loan facilities.
- Order book stands at Rs 2,106.61 crore as of March 31, 2026, representing 4.49x the FY26 operating income.
- Jal Jeevan Mission (JJM) projects constitute Rs 1,350.56 crore of the total order book.
- Operating cycle stretched to 227 days in FY26 from 143 days in FY25, primarily due to high debtor days of 230.
Om Infra Limited has announced the closure of its trading window for all designated persons starting July 1, 2026. This is a standard regulatory procedure under SEBI (Prohibition of Insider Trading) Regulations, 2015, preceding the announcement of the company's unaudited financial results for the quarter ended June 30, 2026. The window will remain closed until 48 hours after the results are declared. This announcement is administrative and does not impact the company's fundamental operations or financial standing, which includes a TTM revenue of ₹500 Cr.
- Trading window closure for designated persons effective from July 1, 2026.
- Closure is in relation to the unaudited financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the official declaration of the quarterly results.
- Company maintains a market capitalization of ₹856 Cr as of the latest data.
Financial Performance
Revenue Growth by Segment
Consolidated revenue for H1FY26 was INR 228 Cr, a 44.1% decrease from INR 408 Cr in H1FY25. The Engineering segment (standalone) contributed INR 219.27 Cr in H1FY26, down 42.5% YoY from INR 381.21 Cr. Real Estate segment revenue (standalone) remained stagnant at INR 1.38 Cr for H1FY26 compared to H1FY25.
Geographic Revenue Split
Revenue is primarily generated from India, with a focus on Rajasthan. International revenue includes INR 1.97 Cr from a branch in Nepal. The company also has project exposure in Rwanda and Ghana through joint ventures.
Profitability Margins
Operating margin for FY25 was 16.74%, up from 15.42% in FY24. However, the PAT margin for H1FY26 declined to 3% from 4% in H1FY25. Net profit for H1FY26 was INR 6 Cr, a 63% drop from INR 17 Cr in H1FY25.
EBITDA Margin
Consolidated EBITDA margin contracted to 3% in H1FY26 from 8% in H1FY25, representing an 82.8% YoY decline in absolute EBITDA value to INR 6 Cr.
Credit Rating & Borrowing
The company's credit rating was downgraded to CARE BBB-; Stable (Long-term) and CARE A3 (Short-term) on September 26, 2025. Finance costs for H1FY26 were INR 9 Cr, a 20% reduction YoY.
Operational Drivers
Raw Materials
Steel, cement, and specialized fabrication components for hydro-mechanical systems.
Capacity Expansion
Current installed fabrication capacity is 15,000 MTPA at the Kota, Rajasthan unit. Planned expansion details are not disclosed.
Manufacturing Efficiency
The company operates a 15,000 MTPA fabrication unit. Efficiency is monitored through project execution timelines and cost optimization strategies.
Strategic Growth
Growth Strategy
Growth is targeted through the extension of the Jal Jeevan Mission (JJM) scheme till December 2028, which has a government allocation of INR 67,000 crore. The company plans to ramp up order execution post-monsoon from Q3FY26. Strategic monetization of real estate assets like Pallacia (Jaipur) and Om Meadows (Kota) and a 17.5% stake in a 2 Mn sq.ft development with Valor Estate are also key drivers.
Products & Services
Hydro-mechanical gates, hoists, dams, EPC civil construction, and residential real estate units.
Brand Portfolio
Pallacia, Om Meadows.
Market Expansion
Exploring new geographical markets in Africa (Rwanda, Ghana) and synergistic segments within the infrastructure domain.
Strategic Alliances
Partnerships include Valor Estate (17.5% stake), SPML Joint Venture (Rwanda, Ghana), and various JVs with HCC, JWIL, and VKMCPL.
External Factors
Industry Trends
The industry is shifting towards large-scale government-funded water infrastructure (JJM) and hydro-power. The JJM scheme extension to 2028 is a key future driver.
Competitive Landscape
Operates in the civil construction and engineering sector, competing with other EPC contractors for government infrastructure projects.
Competitive Moat
The company has a durable advantage in specialized hydro-mechanical equipment (gates and hoists) for dams, supported by a 15,000 MTPA fabrication unit. This niche expertise and long-standing government relationships create high entry barriers.
Macro Economic Sensitivity
Highly sensitive to government infrastructure spending and Union Budget allocations for the Jal Jeevan Mission (INR 67,000 Cr).
Consumer Behavior
Demand for residential real estate in Rajasthan affects the monetization of projects like Pallacia and Om Meadows.
Geopolitical Risks
Exposure to geopolitical uncertainties in African markets (Rwanda, Ghana) and cross-border operations in Nepal.
Regulatory & Governance
Industry Regulations
Operations are governed by Jal Jeevan Mission guidelines, pollution norms for fabrication units, and Ind AS 108 for segment reporting.
Taxation Policy Impact
The company follows Indian Accounting Standards (Ind AS). It recorded a tax credit of INR 5 Cr in H1FY26.
Legal Contingencies
The company is involved in a significant arbitration case regarding Bhilwara Jaipur Toll Road Private Limited (BJTRPL), with a claim value of approximately INR 700 crore currently in the High Court. There is also an audit qualification regarding the Nepal branch due to missing records for INR 1.97 crore in revenue.
Risk Analysis
Key Uncertainties
Slowdown in JJM project execution due to funding delays (44% revenue drop in H1FY26) and the outcome of the INR 700 Cr BJTRPL arbitration.
Geographic Concentration Risk
Significant concentration in India, particularly Rajasthan, for both engineering and real estate segments.
Third Party Dependencies
High exposure to group companies (58% of tangible net worth) and reliance on joint venture partners for large EPC projects.
Technology Obsolescence Risk
The company is adopting digital transformation and new technologies in project management to mitigate execution risks.
Credit & Counterparty Risk
High exposure to government counterparties, leading to long receivable cycles and high working capital intensity.
