Synopsis:
A leading auto ancillary stock surged 20% after Q1FY26 results showed 169% YoY profit growth and 18% rise in revenue. Strong client base, diversified product portfolio, and robust performance in both automotive and railway segments drove investor optimism.
The shares of the prominent manufacturer of sheet metal components hit 20 percent upper circuit in the morning session after the company’s revenue and net profit jumped by 169 percent and 18 percent YoY, respectively, in Q1FY26.
With a market capitalization of Rs 276.49 crore, the shares of Omax Autos Ltd were trading at Rs 128.53 per share, increasing around 16.38 percent as compared to the previous closing price of Rs 110.44 apiece.
Q1FY26 Highlights
The shares of Omax Autos Ltd have seen positive movement after reporting positive results in Q1FY26. Revenue decreased by 13 percent on a quarter-on-quarter basis from Rs. 114.20 crore in Q4FY25 to Rs. 99.64 crore in Q1FY26. Further, revenue increased by 18 percent year on year, from Rs 84.20 crore in Q1FY25 to Rs 99.64 crore in Q1FY26.
The company’s net profit increased by 1,357 percent on a quarter-on-quarter basis, from Rs. 0.49 crore in Q4FY25 to Rs. 7.14 crore in Q1FY26. Further, net profit increased significantly by 169 percent year on year from Rs 2.65 crore in Q1FY25 to Rs 7.14 crore in Q1FY26. The board has recommended a final dividend of Rs. 2.5 (25%) per equity share of Rs 10 each, out of the profits of the Company for the FY 2024-25.
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Omax Autos Ltd offers a diversified portfolio across seven product categories, including components, assemblies, and sub-assemblies; frame and bus structure assemblies; tools, fixtures, and SPMs; and railway and heavy fabrication. It also manufactures specialized parts like cross members, front towing cross members, and auxiliary cross members, highlighting its strong presence in the automotive and railway engineering segments.
Omax Autos Ltd serves a strong and diversified customer base across the automotive and railway sectors. Key clients include Tata, Honda, Ashok Leyland, Renault, Piaggio, Nissan, Volvo, Daimler, and railway coach factories. The presence of major OEMs and public sector units highlights Omax’s trusted capabilities in precision manufacturing, fabrication, and engineering support across industries.
Omax Autos Limited specializes in sheet metal components, tubular components, and machine components. The Company is engaged in business operations in the automotive and railway segments, with four plants across North India.
Written by Abhishek Singh
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