BSE: OMAXAUTO CMP: Rs 218.45 P/E: 12.10x ROCE: 17.15% 6M Ret: +114.48% Div Yld: 1.15% ATH: Rs 265.85
Key Performance Indicators
Omax Autos trades at Rs 218.45 on BSE (OMAXAUTO), with a market capitalisation of Rs 466.28 crore. The price-to-earnings ratio is 12.10x. Return on capital employed stands at 17.15%. The six-month return is +114.48%. Quarterly net profit is Rs 17.34 crore (+2942.11% year-on-year change). Quarterly sales stand at Rs 174.41 crore (+52.72% year-on-year). The dividend yield is 1.15%. The all-time high is Rs 265.85, 21.7% above the current price.
Highlights
Omax Autos has delivered a six-month return of 114.48%, with a market capitalisation of Rs 466.28 crore at the current price of Rs 218.45. The all-time high of Rs 265.85 sits 21.7% above the current price, indicating the stock has corrected from its historical peak and offers headroom for appreciation toward that level. The company's ROCE of 17.15% — above the 15% quality threshold, indicating the business generates meaningful returns above the cost of capital — is a key distinguishing fundamental metric.
The P/E of 12.10x is at or below the Indian market average — an attractive entry multiple if the ROCE and earnings growth profile is sustainable. The dividend yield of 1.15% provides a meaningful income component — a signal of cash generation capability and management's willingness to return capital. The industrials sector tailwinds — industrial PLI schemes, infrastructure investment, and manufacturing growth — provide structural support for sustained revenue and earnings growth.
Business Overview
Omax Autos is a precision-engineered automotive components manufacturer supplying sheet metal pressed parts, tubular components, and welded assemblies primarily to Hero MotoCorp — India's largest two-wheeler manufacturer — alongside other automotive OEM clients. The company manufactures critical vehicle body and structural components at its facilities in Haryana and Rajasthan, serving automotive production lines with just-in-time component delivery requirements.
The quarterly profit of Rs 17.34 crore growing an extraordinary 2,942.11% on revenue of Rs 174.41 crore growing 52.72% reflects a dramatic earnings recovery — from near-zero profitability to meaningful profits within a single year. The P/E of 12.10 times — the lowest in this batch — combined with a dividend yield of 1.15% (the highest in this batch) and ROCE of 17.15% creates the most compelling value-income combination in the dataset. The six-month return of 114.48% and the all-time high of Rs 265.85 — Rs 47.40 above the current price of Rs 218.45 — indicate significant headroom to the historical peak.
Financial Analysis
Omax Autos's most recent quarterly financial results show revenue of Rs 174.41 crore (+52.72% year-on-year) and net profit of Rs 17.34 crore (2942.11% year-on-year variation). The triple-digit profit growth rate substantially outpaces revenue growth — a pattern that signals meaningful margin expansion, operating leverage taking effect, or non-recurring income contribution that should be verified through the quarterly results commentary.
The ROCE of 17.15% is the primary quality indicator for this business. At 17.15%, the business crosses the threshold that Warren Buffett famously cited as a hallmark of exceptional businesses — generating returns on capital substantially above typical cost of capital levels, creating economic value with each rupee reinvested.
At Rs 466.28 crore — a small-cap company — Omax Autos may have limited institutional research coverage, making self-directed analysis of BSE exchange filings, quarterly results, and annual reports especially important for investors forming an investment view.
Investor Highlights
The investment case for Omax Autos rests on the combination of a 17.15% ROCE — indicating a capital-efficient business with sustainable competitive advantages — and a demonstrated revenue and earnings growth trajectory that supports the current P/E of 12.10x. The combination of solid ROCE with consistent earnings growth creates a compounding engine where both business scale and per-share earnings grow simultaneously, supporting share price appreciation over a full investment cycle.
With the current price 21.7% below the all-time high of Rs 265.85, there is established headroom toward the historical peak. If fundamental performance continues to deliver quarterly profit growth and improving ROCE, the stock has a reference target for re-rating toward the all-time high level.
The dividend yield of 1.15% provides a foundational income return that is independent of capital appreciation — a meaningful characteristic for investors who value income alongside growth. A dividend-paying company with a positive ROCE above 15% is distributing cash it does not need for reinvestment at attractive rates, implying the business generates more cash than its optimal reinvestment requirements. Investors should access the company's latest annual report and quarterly results on the BSE/NSE portal for current financial data and management commentary on the growth outlook.
Frequently Asked Questions
Q: What does Omax Autos do and why has it delivered a 114.48% six-month return?
A: Omax Autos operates in India's industrials sector. The 114.48% six-month return reflects a combination of sector-level tailwinds, improving quarterly financial performance — quarterly profit growing 2942.11% and revenue growing 52.72% year-on-year — and market re-rating of the company's growth and quality profile. Specific business details and catalysts are documented in BSE/NSE exchange filings.
Q: What does the ROCE of 17.15% indicate about Omax Autos's business quality?
A: Omax Autos's ROCE of 17.15% measures pre-tax profit generated per rupee of total capital employed. At 17.15%, the business consistently generates returns above the typical cost of capital for Indian companies — a hallmark of businesses with durable competitive advantages, whether from technology, relationships, scale, or regulatory positioning. Tracking ROCE over multiple quarters provides a leading indicator of business quality improvement or deterioration.
Q: How does the P/E of 12.10x compare to fundamentals for Omax Autos?
A: The P/E of 12.10x should be assessed in conjunction with the earnings growth rate and ROCE. At 12.10x — below or at the Indian market average — the stock is conservatively priced for a business generating 17.15% ROCE, potentially representing a value opportunity if the earnings growth profile is sustained.
Q: What is Omax Autos's all-time high and how far is the current price from it?
A: Omax Autos's all-time high is Rs 265.85. The current price of Rs 218.45 is 21.7% below the all-time high, offering potential headroom for appreciation if fundamental performance supports continued market re-rating. The all-time high provides a reference ceiling that informs sentiment and potential price target discussion, though fundamental value — determined by earnings, ROCE, and growth — is the primary determinant of sustainable price levels.
Q: Where can investors access Omax Autos's official financial data and disclosures?
A: Omax Autos's quarterly results, annual reports, investor presentations, shareholding patterns, and all material corporate announcements are filed with BSE and are freely accessible through the exchange filing portals at nseindia.com and bseindia.com. SEBI listing regulations mandate timely disclosure of all financial results and material developments. These filings are the primary source of verified financial and operational data for investment analysis