🔍

Osia Hyper Retail Limited (OSIAHYPER)

₹1.74 -0.57% last close, 16 Oct

📊 NSE: OSIAHYPER 🏢 Diversified Retail 📢 Latest filing: 06 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q3 FY26)

In its latest reported quarter, Q3 FY26, Osia Hyper's revenue was ₹383 Cr (-5.9% year on year, +2.7% on the previous quarter), and net profit ₹4.3 Cr (-52.1% year on year); the operating margin was 3.2%.

Q3 FY26 (₹ Cr)	Value	YoY vs Q3 FY25	QoQ
Revenue	₹383	-5.9%	+2.7%
Operating profit	₹12.3	-46.9%	-9.0%
Net profit	₹4.3	-52.1%	-15.3%
EPS (₹)	0.24	-64.7%	-17.2%
Operating margin	3.2%	—	—

Full quarterly financials → Results calendar →

OSIAHYPER exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at a price band (circuit) on 12 sessions in about the last 20.

₹1.74NSE close · -0.57%

Circuit stocks →

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

Osia Hyper Retail Publishes Form G Inviting Resolution Plans Under CIRP

🔵 WATCH ⭐ 9/10

LEGAL 📅 06 Oct 2026, 04:48 PM

Osia Hyper Retail Limited has announced the publication of Form G to invite Expressions of Interest (EoI) from prospective resolution applicants under the Corporate Insolvency Resolution Process (CIRP). The publication was approved in the 7th Committee of Creditors (CoC) meeting held on September 25, 2026, and officially published on October 5, 2026. The company was admitted to CIRP via an NCLT Ahmedabad bench order dated April 28, 2026, and is currently managed by Resolution Professional Vinod Tarachand Agrawal. With debt at Rs 171 Cr against a market cap of Rs 37 Cr, the insolvency process will determine whether the business survives through restructuring or liquidation.

Form G published on October 5, 2026, inviting Expressions of Interest from potential resolution applicants
Approval granted during the 7th Committee of Creditors (CoC) meeting held on September 25, 2026
Company originally admitted into CIRP by NCLT Ahmedabad order dated April 28, 2026
Resolution Professional Vinod Tarachand Agrawal confirmed pursuant to order dated September 11, 2026

💡 Track subsequent filings regarding the receipt and shortlist of resolution applicants, as well as any proposed resolution plan terms, debt haircuts, or equity write-downs.

Osia Hyper Retail: 5th CoC Meeting Scheduled for August 18, 2026 Under CIRP

🔵 WATCH ⭐ 4/10

LEGAL 📅 17 Aug 2026, 01:42 PM

Osia Hyper Retail Limited has scheduled the 5th meeting of its Committee of Creditors (CoC) for August 18, 2026, at 04:00 PM IST via video conferencing. The company has been under the Corporate Insolvency Resolution Process (CIRP) since the NCLT Ahmedabad Bench admitted the insolvency petition on April 29, 2026. The process is being managed by Deemed Resolution Professional Janak Jagjivan Shah of NPV Insolvency Professionals. Osia Hyper carries a total debt burden of ₹171 Cr against a current market capitalization of approximately ₹44 Cr.

5th CoC meeting scheduled for Tuesday, August 18, 2026 at 04:00 PM IST via video conferencing
Company admitted into CIRP by NCLT Ahmedabad Bench - Court II on April 29, 2026
Process overseen by Deemed Resolution Professional Mr. Janak Jagjivan Shah (NPV Insolvency Professionals)
Company carries ₹171 Cr debt against a market capitalization of ₹44 Cr

💡 Monitor subsequent exchange filings regarding CoC voting outcomes, submission of resolution plans, and potential equity restructuring or liquidation orders.

Osia Hyper Retail: 4th CoC Meeting Held Amidst Ongoing Insolvency Process

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 01 Aug 2026, 06:23 PM

Osia Hyper Retail is currently undergoing the Corporate Insolvency Resolution Process (CIRP), which was initiated on April 29, 2026. The company conducted its 4th Committee of Creditors (CoC) meeting on July 28, 2026, to deliberate on the resolution process. With a debt of ₹171 cr against a market capitalization of only ₹51 cr, the company faces severe liquidity constraints and a 'Crisil D' credit rating. Equity shareholders are at significant risk as the CoC determines whether the company will be revived through a resolution plan or face liquidation.

CIRP process was officially initiated against the company on April 29, 2026
The 4th Meeting of the Committee of Creditors (CoC) was held on July 28, 2026
Company carries a debt of ₹171 cr, which is over 3x its current market capitalization of ₹51 cr
Promoter holding has significantly declined from 47.53% in September 2025 to 33.86% by March 2026
Stock price has eroded by 78.2% over the last 12 months as financial distress intensified

💡 Investors should closely monitor NCLT disclosures regarding the approval of any Resolution Plan or a potential Liquidation Order, as equity value is typically wiped out in such proceedings.

Osia Hyper Retail Responds to NSE Clarification on Audit Qualifications for FY25

🔴 NEGATIVE ⭐ 4/10

REGULATORY 📅 20 Jul 2026, 02:59 PM

Osia Hyper Retail Limited has submitted a formal response to the NSE regarding missing disclosures in its FY25 audited financial results. The company clarified that it operates in a single 'Retail' segment and has now provided the 'Statement of Impact of Audit Qualifications' for the modified opinion issued by its auditors. This regulatory follow-up occurs against a backdrop of severe financial stress, including a 'Crisil D' (Default) rating and a significant drop in promoter holding from 47.53% to 33.86% over the past year.

NSE issued Reminder 49 on August 7, 2025, seeking clarification on missing audit qualification impacts for FY25.
Company confirmed it operates in a single business segment (Retail) despite TTM revenue of ₹1,423 Cr.
Statement of Impact of Audit Qualifications submitted for the modified opinion for the year ended March 31, 2025.
Promoter holding has declined significantly to 33.86% as of March 2026 from 47.53% in September 2025.
Company is currently grappling with a 'Crisil D' credit rating and a 79.7% stock price decline over 12 months.

💡 Investors should scrutinize the specific nature of the audit qualifications to understand potential risks to the balance sheet. Monitor for any updates regarding the 'Crisil D' rating and the company's ability to manage its ₹171 Cr debt amidst slowing inventory turnover.

Osia Hyper Retail: Promoter Group Declares Zero Share Encumbrance for FY 2025-26

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 07 Jul 2026, 10:55 AM

The promoter of Osia Hyper Retail, Dhirendra Gautamkumar Chopra, has submitted a formal declaration under SEBI (SAST) Regulations for the financial year ended March 31, 2026. The filing confirms that the promoter group, which holds 6,88,01,709 shares (38.88% of the company), has not created any encumbrance or pledge on their holdings during the year. This is a routine annual compliance disclosure. While the company faces significant financial headwinds including a 'Crisil D' credit rating and liquidity constraints, the absence of share pledges indicates that the promoter's equity is not currently collateralized for debt.

Promoter group holds a total of 6,88,01,709 shares as of March 31, 2026
Total promoter and promoter group shareholding stands at 38.88%
Zero shares were encumbered, directly or indirectly, during the 2025-26 financial year
Kavita Dhirendrakumar Chopra remains the largest holder within the group with 21.94% stake

💡 Investors should focus on the company's upcoming quarterly results and any updates regarding its 'Crisil D' credit rating and liquidity status, as these are more critical than this routine administrative filing.

Osia Hyper Retail Conducts 2nd Committee of Creditors Meeting Under Insolvency Process

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 04 Jun 2026, 03:24 PM

Osia Hyper Retail Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP) which was initiated on April 29, 2026. The company held its second Committee of Creditors (CoC) meeting on June 3, 2026, to deliberate on the resolution of its debts. The process is being managed by an Interim Resolution Professional (IRP) from NPV Insolvency Professionals Private Limited. This stage is critical as the CoC will decide the future of the company, including potential resolution plans or liquidation.

Second meeting of the Committee of Creditors (CoC) held on June 3, 2026
Corporate Insolvency Resolution Process (CIRP) initiated against the company on April 29, 2026
Janak Jagjivan Shah appointed as the Interim Resolution Professional (IRP)
Meeting conducted via both video conferencing and physical mode to discuss resolution agenda
Company is currently under regulatory oversight per SEBI Listing Obligations and Disclosure Requirements

💡 Investors should be extremely cautious as equity value in companies undergoing CIRP is often significantly diluted or wiped out. It is advisable to monitor for any resolution plans that might emerge from the CoC meetings.

OSIAHYPER: 2nd Committee of Creditors Meeting Scheduled for June 03, 2026

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 03 Jun 2026, 03:20 PM

Osia Hyper Retail Limited has scheduled the 2nd meeting of its Committee of Creditors (CoC) for June 03, 2026, following the initiation of the Corporate Insolvency Resolution Process (CIRP). The company was admitted into CIRP by the NCLT Ahmedabad Bench on April 29, 2026. The meeting will be held at 5:00 PM IST via physical and video conferencing to discuss the resolution process. The company is currently managed by an Interim Resolution Professional (IRP) from NPV Insolvency Professionals.

2nd Meeting of the Committee of Creditors (CoC) to be held on June 03, 2026, at 17:00 hours.
Corporate Insolvency Resolution Process (CIRP) was initiated by NCLT Ahmedabad on April 29, 2026.
The meeting will be conducted through both physical and video conferencing modes.
NPV Insolvency Professionals Private Limited is acting as the Interim Resolution Professional (IRP).

💡 Investors should be extremely cautious as equity value is typically significantly diluted or wiped out during insolvency proceedings. Monitor future disclosures regarding resolution plans or potential liquidation.

Osia Hyper Retail Limited Convenes First Committee of Creditors Meeting Under CIRP

🔴 NEGATIVE ⭐ 10/10

LEGAL 📅 25 May 2026, 11:50 AM

Osia Hyper Retail Limited has entered the Corporate Insolvency Resolution Process (CIRP) following a regulatory order on April 29, 2026. The first meeting of the Committee of Creditors (CoC) was successfully convened on May 20, 2026, to discuss the company's future and urgent operational matters. The meeting was held on a significantly reduced notice period of 24 hours, highlighting the urgency of the insolvency proceedings. The company is currently managed by an Interim Resolution Professional (IRP), Janak Jagjivan Shah, as per the Insolvency and Bankruptcy Code.

Corporate Insolvency Resolution Process (CIRP) initiated on April 29, 2026
First Meeting of the Committee of Creditors (CoC) held on May 20, 2026
Meeting conducted on a 24-hour reduced notice period due to urgent matters
Janak Jagjivan Shah appointed as the Interim Resolution Professional (IRP)
Company management is now under the control of the IRP and CoC

💡 Investors should be extremely cautious as equity value is typically significantly impaired or wiped out during insolvency proceedings. Monitor future CoC updates for any potential resolution plans or liquidation notices.

Osia Hyper Retail Schedules 1st Committee of Creditors Meeting Amid Insolvency Process

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 20 May 2026, 03:47 PM

Osia Hyper Retail Limited has announced the first meeting of its Committee of Creditors (CoC) as part of the ongoing Corporate Insolvency Resolution Process (CIRP). This follows the company's admission into insolvency, where control has shifted from the promoters to an Interim Resolution Professional (IRP). The CoC meeting is the primary forum where creditors will decide on the company's future, including evaluating resolution plans or considering liquidation. For equity shareholders, this process typically results in significant or total loss of investment value.

First meeting of the Committee of Creditors (CoC) scheduled under the CIRP framework.
Company is officially in insolvency following NCLT orders.
Management control has been transferred to the Interim Resolution Professional (IRP).
The resolution process will determine if the company can be revived or must be liquidated.

💡 Equity holders should be aware that their claims are subordinate to all creditors and often face total wipeout in CIRP. Avoid fresh positions and monitor the resolution plan outcomes closely.

Osia Hyper Retail Discloses List of Creditors Under Insolvency Resolution Process (CIRP)

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 20 May 2026, 03:45 PM

Osia Hyper Retail Limited has submitted the list of its creditors as part of the ongoing Corporate Insolvency Resolution Process (CIRP). This disclosure is a mandatory regulatory requirement under Regulation 13(2)(c) of the IBBI Regulations, 2016. The company is currently under the management of a Resolution Professional as it attempts to resolve its outstanding debts. For equity investors, this signifies a high-risk environment where the company's future as a going concern is uncertain.

Submission of the list of creditors to the Insolvency and Bankruptcy Board of India (IBBI)
Compliance with Regulation 13(2)(c) of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
Company is currently undergoing a formal Corporate Insolvency Resolution Process (CIRP)
Management control remains with the Resolution Professional rather than the Board of Directors

💡 Investors should exercise extreme caution as equity holders typically face significant or total loss during insolvency proceedings. The stock remains highly speculative and subject to potential suspension or delisting.

Osia Hyper Retail Enters Corporate Insolvency Resolution Process (CIRP) Under IBC

🔴 NEGATIVE ⭐ 10/10

LEGAL 📅 20 May 2026, 03:42 PM

Osia Hyper Retail Limited has been admitted into the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. This follows a legal order that suspends the powers of the existing Board of Directors and hands over management to an Interim Resolution Professional (IRP). The process is designed to resolve the company's debt obligations, but it poses a severe risk to equity shareholders who are last in the priority of claims. Investors should be aware that such processes often lead to significant equity dilution or a total write-off of share value.

Formal initiation of Corporate Insolvency Resolution Process (CIRP) against the company.
Management of the company's affairs and assets now vests with the Resolution Professional.
Public announcement issued to invite claims from financial and operational creditors.
Moratorium period in effect, staying all existing legal proceedings and debt recovery actions.

💡 Investors should exercise extreme caution and avoid fresh positions as equity value is highly likely to be impaired during the resolution process. Monitor NCLT updates for any proposed resolution plans and their impact on minority shareholders.

NCLT Initiates Insolvency Against Osia Hyper Retail Over ₹6.72 Crore Default

🔴 NEGATIVE ⭐ 10/10

LEGAL 📅 04 May 2026, 12:07 PM

The NCLT Ahmedabad Bench has admitted a Section 7 insolvency petition against Osia Hyper Retail Limited filed by Aphelion Finance Private Limited. The case involves a default of ₹6.72 crore arising from corporate guarantees provided by the company for credit facilities extended to its vendors. Although the company claimed solvency and made a partial payment of ₹2.30 crore under protest, the tribunal has initiated the Corporate Insolvency Resolution Process (CIRP). An Interim Resolution Professional has been appointed, which typically results in the suspension of the board's powers.

Insolvency proceedings initiated for a default amount of ₹6.72 crore as of May 2025.
The dispute stems from a ₹7.50 crore credit limit where Osia Hyper Retail acted as a corporate guarantor for three vendors.
Company's plea of being a solvent listed entity with 33+ stores was insufficient to stop the CIRP admission.
Mr. Ritesh Prakash Adatiya has been appointed as the Interim Resolution Professional (IRP).
A partial payment of ₹2.30 crore made by the company during proceedings was noted but did not prevent the order.

💡 Investors should be extremely cautious as the initiation of CIRP often leads to a significant decline in share value and potential trading suspension. Equity holders are usually the last to receive any proceeds in a resolution process, making the risk of total capital loss very high.

Osia Hyper Retail CFO Samir Babubhai Chunara Resigns Effective October 15, 2025

🔵 WATCH ⭐ 6/10

MANAGEMENT 📅 24 Apr 2026, 01:31 PM

Osia Hyper Retail Limited has announced the resignation of its Chief Financial Officer, Mr. Samir Babubhai Chunara, effective October 15, 2025. The resignation is attributed to personal reasons, and the company is currently in the process of identifying a successor. As a Key Managerial Personnel (KMP) departure, this change requires monitoring to ensure a smooth transition in financial leadership. The company has committed to informing stock exchanges once a new appointment is made.

Mr. Samir Babubhai Chunara resigned as CFO effective from the close of business hours on October 15, 2025
The resignation was submitted citing personal reasons with no other material concerns mentioned
The company is yet to announce a replacement for the Chief Financial Officer position
The board has placed on record its appreciation for the outgoing CFO's service and commitment

💡 Investors should monitor the company's subsequent filings for the appointment of a new CFO to ensure continuity in financial governance. While the resignation is for personal reasons, frequent KMP changes in small-cap companies warrant a cautious approach.

Osia Hyper Retail: Trading Window Closure for FY26 Audited Results from April 1

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Mar 2026, 05:01 PM

Osia Hyper Retail Limited has notified the exchange regarding the closure of its trading window effective April 1, 2026. This closure is in adherence to SEBI Insider Trading regulations ahead of the declaration of audited financial results for the quarter and year ending March 31, 2026. The restriction applies to all designated persons, including directors and promoters. The window will reopen 48 hours after the financial results are officially announced.

Trading window closure starts from April 1, 2026
Applies to all Directors, Promoters, and Designated Persons
Closure pertains to audited financial results for the year ended March 31, 2026
Window to reopen 48 hours post-result declaration

💡 No immediate action is required as this is a standard regulatory procedure. Investors should monitor for the announcement of the board meeting date for financial results.

Osia Hyper Retail Receives SEBI Administrative Warning for Disclosure Delays

🔴 NEGATIVE ⭐ 6/10

REGULATORY 📅 11 Mar 2026, 06:40 PM

Osia Hyper Retail Limited has received an administrative warning from SEBI regarding delays in complying with Listing Regulations. The violations involve late disclosures of a default on HDFC Bank credit card dues and a revision in the company's credit rating. The financial impact of the credit card overdue is reported at ₹0.36 crore, including interest. The regulator has advised the company to exercise caution to prevent future recurrences of such compliance lapses.

SEBI issued an administrative warning on March 10, 2026, for disclosure delays.
Violations include delayed reporting of default on HDFC Bank credit card dues.
The company failed to timely disclose a revision in its credit rating.
Financial impact of the credit card overdue is quantified at ₹0.36 crore.
The company stated the impact was temporary with no material effect on operations.

💡 Investors should monitor the company's internal controls and credit health following these disclosure lapses. While the financial impact is small, regulatory warnings necessitate a closer look at management's transparency.

View All OSIAHYPER Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The company reported total revenue of INR 1,427.13 Cr for FY2025. Segment-specific growth percentages are not disclosed, but the company operates as a single organized retail segment under the Osia Hypermart brand.

Geographic Revenue Split

100% of operations are concentrated in Gujarat, India, with 15 stores located in Ahmedabad, Vadodara, Gandhinagar, and Dehgam.

Profitability Margins

For FY2025, the Net Profit Margin (NPM) was 1.37% (INR 19.52 Cr PAT). In Q4 FY25, the NPM significantly compressed to 0.16% (INR 0.53 Cr PAT) from the annual average.

EBITDA Margin

Operating Profit Margin (OPM) stood at 5.04% for FY2025, but declined to 3.61% in Q4 FY25, indicating rising operational costs or pricing pressures in the final quarter.

Capital Expenditure

The company invested INR 7.45 Cr in the purchase of fixed assets during FY2025 and INR 0.24 Cr during the half-year ended September 30, 2025.

Credit Rating & Borrowing

The company's credit facilities were downgraded to 'Crisil D Issuer Not Cooperating' in late 2025 due to delays in servicing vendor bill discounting facilities. Financial expenses for FY2025 were INR 41.07 Cr.

⚙️ Operational Drivers

Raw Materials

Retail merchandise including FMCG products, groceries, and apparel, which constitute the bulk of the inventory. Inventory increased by INR 189.13 Cr in FY2025, representing 13.2% of total revenue.

Import Sources

Primarily sourced from domestic distributors and manufacturers within India, specifically focused on supplying the Gujarat-based retail network.

Key Suppliers

Not specifically named in the documents, but the company utilizes vendor bill discounting facilities which faced repayment delays in FY2025.

Capacity Expansion

Currently operates 15 retail stores and one central stockyard in Rakhiyal, Ahmedabad. Expansion plans include enhancing visibility through the migration to the NSE Main Board (effective December 1, 2022).

Raw Material Costs

Not explicitly disclosed as a separate line item, but the company faced a massive cash outflow for inventory of INR 189.13 Cr in FY2025, up from previous periods, impacting liquidity.

Manufacturing Efficiency

As a retailer, efficiency is measured by inventory turnover; however, the company saw a significant increase in inventory (INR 189.13 Cr) and trade receivables (INR 89.43 Cr) in FY2025, suggesting slowing turnover.

📈 Strategic Growth

Growth Strategy

Growth is pursued through the 'Osia Hypermart' brand expansion in Gujarat, leveraging the migration to the NSE Main Board to enhance brand visibility. The company raised INR 88.06 Cr through a preferential issue, fully utilized by March 2025, and an additional INR 173.68 Cr through the issue of shares/warrants in FY2025 to fund operations.

Products & Services

Organized retail services selling FMCG, groceries, apparel, and household items through hypermarket stores.

Brand Portfolio

Osia Hypermart

Market Expansion

Focus remains on the Gujarat region, specifically Ahmedabad, Vadodara, Gandhinagar, and Dehgam.

🌍 External Factors

Industry Trends

The organized retail industry is growing but faces intense competition and regulatory changes. Osia is positioned as a regional player migrating from SME platforms to the Main Board to capture larger market visibility.

Competitive Landscape

Faces stiff competition from national organized retail chains and local unorganized markets.

Competitive Moat

The company's moat is its regional brand recognition in Gujarat and its 15-store network; however, this is currently threatened by severe liquidity issues and a default credit rating.

Macro Economic Sensitivity

Highly sensitive to consumer spending patterns in Gujarat and fluctuations in commodity prices which affect procurement costs.

Consumer Behavior

Shifting towards organized retail formats for convenience and variety, which Osia targets through its hypermarket model.

Geopolitical Risks

Limited direct impact as operations are localized in Gujarat, though global commodity price fluctuations affect retail margins.

⚖️ Regulatory & Governance

Industry Regulations

Complies with SEBI (LODR) Regulations and Companies Act 2013. The company has a CSR obligation of INR 0.23 Cr based on an average net profit of INR 12.28 Cr.

Taxation Policy Impact

The company paid INR 1.84 lakhs in income tax during H1 FY2026. PBT for FY2025 was INR 25.62 Cr.

Legal Contingencies

The company disclosed pending litigations as Contingent Liabilities in Note No. 30 of its financial statements, though the specific INR value was not provided in the summary.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the company's ability to continue as a going concern given the default on vendor payments and the negative operating cash flow of INR 230.48 Cr in FY2025.