The Gurugram-based sheet metal components maker delivered a near-complete earnings turnaround in Q4 FY26, with annual revenue crossing ₹484 crore and operating cash flows doubling signalling a structural shift in profitability.
Q4 FY26 financial performance
Omax Autos Limited (NSE:OMAXAUTO), a Gurugram-headquartered manufacturer of sheet metal components and assemblies for the automotive sector, reported a dramatic earnings recovery for Q4 FY26, with net profit surging to ₹17.34 crore — up from a near-breakeven ₹0.49 crore in the same quarter a year ago. The result marks one of the company's most significant quarterly turnarounds and signals a durable improvement in its operating model.
Revenue from operations for the quarter ended March 31, 2026 came in at ₹174.41 crore — a robust 52.7% jump from ₹114.20 crore in Q4 FY25. Total income for the quarter stood at ₹182.04 crore against ₹120.00 crore in the year-ago period. Profit before tax reached ₹21.21 crore compared to just ₹5.98 crore in Q4 FY25, reflecting a sharp improvement in cost absorption and revenue scale. After accounting for a net tax charge of ₹3.87 crore, the company posted a net profit of ₹17.34 crore. Basic and diluted EPS for the quarter came in at ₹8.11 versus a negligible ₹0.23 in Q4 FY25. The audited results received an unmodified opinion from statutory auditors BGJC & Associates LLP.
Full-year FY26 performance
On a full-year basis, Omax Autos delivered a decisive improvement across every key financial metric. Revenue from operations for FY26 grew 31.2% to ₹484.50 crore from ₹369.26 crore in FY25. Total income crossed ₹520 crore, rising to ₹519.99 crore from ₹393.70 crore. Profit before tax for FY26 stood at ₹49.46 crore against ₹35.32 crore in the prior year a 40% improvement at the pre-tax level.
Net profit for FY26 came in at ₹37.04 crore, up 71.9% from ₹21.55 crore, with full-year basic EPS rising to ₹17.32 from ₹10.07. Total equity on the balance sheet expanded to ₹346.77 crore as of March 31, 2026, from ₹315.20 crore a year prior reflecting retained earnings accretion.
Dividend & strategic moves
The Board of Directors declared an interim dividend of ₹2.50 per equity share for FY26, with May 8, 2026 fixed as the record date for shareholder eligibility. The company also announced the appointment of two new internal auditors Neeraj Madan & Associates and T S A Business Advisors Private Limited for FY26-27, indicating a governance strengthening exercise ahead of the new fiscal year. The company has no associate, joint venture, or subsidiary as of March 31, 2026, keeping its structure lean.
Technical Summary
Omax Autos Limited (NSE:OMAXAUTO) witnessed a sharp bullish breakout, surging 10% to hit the upper circuit near ₹226.65. The stock trades significantly above its 50-day SMA of ₹113.52, reflecting strong momentum. RSI near 93 indicates overbought conditions, suggesting elevated volatility, while heavy volumes confirm aggressive buying interest and sustained positive sentiment.
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Conclusion
Omax Autos has delivered a convincing earnings turnaround in FY26, with profitability, cash flows, and balance sheet quality all improving in tandem. With a dividend declared and borrowings halved, the company enters FY27 from a position of renewed financial strength sustained execution against rising OEM demand will determine whether this recovery holds.
FAQs
- What drove Omax Autos’ strong Q4 FY26 earnings growth?
Higher revenue, improved operating leverage, better cost absorption, and stronger OEM demand significantly boosted profitability during the quarter.
- What dividend has Omax Autos announced for FY26?
The company declared an interim dividend of ₹2.50 per equity share, with May 8, 2026 fixed as the record date.
- How did Omax Autos perform in FY26 overall?
FY26 revenue rose 31.2% to ₹484.50 crore, while net profit jumped 71.9% to ₹37.04 crore, reflecting strong operational recovery.