Date: May 25, 2026
Board Meeting Outcomes
The Board of Directors of Omnitech Engineering Limited at its meeting held on May 25, 2026, approved the following:
- Audited Standalone Financial Results for the quarter and year ended March 31, 2026
- Audited Consolidated Financial Results for the quarter and year ended March 31, 2026
The meeting commenced at 10:30 AM and concluded at 11:49 AM.
Financial Results (Standalone)
Income Statement Highlights (Amount in ₹ millions)
Quarter Ended March 31, 2026:
- Revenue from operations: ₹1,395.89
- Other income: ₹40.00
- Total income: ₹1,518.75
- Profit before tax: ₹353.35
- Profit after tax: ₹260.55
- Basic EPS: ₹2.36
Year Ended March 31, 2026:
- Revenue from operations: ₹5,116.82
- Other income: ₹122.86
- Total income: ₹5,366.47
- Profit before tax: ₹1,056.18
- Profit after tax: ₹774.34
- Basic EPS: ₹7.24
Balance Sheet Highlights (as at March 31, 2026)
- Property, Plant and Equipment: ₹2,855.64 million
- Inventories: ₹3,044.55 million
- Trade Receivables: ₹2,408.74 million
- Cash and Cash Equivalents: ₹1,619.19 million
- Total Assets: ₹12,706.14 million
- Equity Share Capital: ₹618.33 million
- Other Equity: ₹6,227.30 million
- Total Equity: ₹6,845.63 million
- Borrowings: ₹966.35 million
- Total Liabilities: ₹12,706.14 million
Financial Results (Consolidated)
Income Statement Highlights (Amount in ₹ millions)
Quarter Ended March 31, 2026:
- Revenue from operations: ₹1,487.23
- Other income: ₹121.20
- Total income: ₹1,608.43
- Profit before tax: ₹385.95
- Profit after tax: ₹293.30
- Basic EPS: ₹2.65
Year Ended March 31, 2026:
- Revenue from operations: ₹5,112.99
- Other income: ₹245.13
- Total income: ₹5,358.12
- Profit before tax: ₹1,078.73
- Profit after tax: ₹793.37
- Basic EPS: ₹7.45
Balance Sheet Highlights (as at March 31, 2026)
- Property, Plant and Equipment: ₹2,861.67 million
- Inventories: ₹3,145.36 million
- Trade Receivables: ₹2,137.99 million
- Cash and Cash Equivalents: ₹1,637.99 million
- Total Assets: ₹12,547.82 million
- Equity Share Capital: ₹618.33 million
- Other Equity: ₹6,178.88 million
- Total Equity: ₹6,796.96 million
- Borrowings: ₹966.35 million
- Total Liabilities: ₹12,547.82 million
Standalone Financial Results
- Auditor: Dhirubhai Shah & Co. LLP, Chartered Accountants (Firm Registration No.: 102511W/W100298)
- Opinion: Unmodified opinion
- The audit was conducted in accordance with Standards on Auditing
- Figures for quarter ended March 31, 2025, are derived as difference between audited full year and nine months ended December 31, 2024
- Figures for quarter ended March 31, 2026, are balancing figures between audited full year and published unaudited YTD figures up to Q3
Consolidated Financial Results
- Auditor: Dhirubhai Shah & Co. LLP, Chartered Accountants
- Opinion: Unmodified opinion
- Includes financial results of:
- Omnitech Engineering Limited (Holding Company)
- Omnitech Group Inc. (Wholly owned foreign subsidiary)
- Same qualifications regarding quarterly figures as standalone results
IPO Proceeds Utilization
The company completed its Initial Public Offer on March 5, 2026:
- IPO size: 2,56,85,062 equity shares of face value ₹5 each
- Issue price: ₹227 per share (₹216 for employees)
- Fresh issue: 1,84,16,340 equity shares (including 46,296 for employees)
- Offer for sale: 72,68,722 equity shares by selling shareholders
- Gross fresh issue proceeds: ₹4,180.00 million
- Net proceeds received in escrow: ₹3,917.41 million (net of estimated offer expenses ₹262.59 million)
Utilization as of March 31, 2026:
| Object of Utilization | Amount to be Utilized (₹ million) | Utilized (₹ million) | Unutilized (₹ million) |
| Repayment of borrowings | 500.00 | 500.00 | 0.00 |
| Proposed facility 1 | 1,328.44 | 47.03 | 1,281.41 |
| Proposed facility 2 | 1,007.14 | 50.66 | 956.48 |
| Capital expenditure | 186.98 | 38.06 | 128.92 |
| General corporate purposes | 894.85 | 511.97 | 382.88 |
| Total | 3,917.41 | 1,167.72 | 2,749.69 |
- Unutilized proceeds temporarily invested in deposits with commercial banks
- During Q4 FY26, received reimbursement of ₹92.81 million from Public Account for issue expenses
- Paid total of ₹93.97 million (₹34.56 million from Monitoring Account and ₹59.41 million from Public Account) during reporting period
Other Operational Disclosures
Segment Reporting
- The company operates predominantly in one segment: manufacturing of high precision engineered components & assemblies
- No separate reportable segments as per Ind AS 108
Labour Code Implementation
- The Ministry of Labour & Employment implemented four Labour Codes effective November 21, 2025
- Company has assessed and accrued incremental impact at current estimate of ₹1.00 million
- Company continues to monitor finalization of Central/State Rules and government clarifications
ESOP Scheme
- The company formulated Omnitech Engineering Limited Employee Stock Option Plan 2025
- As of results date, no options vested or granted under the ESOP scheme
Compliance Disclosures
No Deviation in IPO Proceeds Utilization
- The company confirmed no deviation or variation in utilization of IPO proceeds from objects stated in Prospectus
- Audit Committee and Board reviewed and confirmed no deviation for quarter and financial year ended March 31, 2026
- Monitoring agency: Crisil Ratings Limited
Regulatory Filings
- Submission made pursuant to NSE Circular No. NSE/CML/2018/02 dated January 16, 2018
- Compliance with SEBI Listing Regulations 30, 32, 33, and 52
- Declaration by Chairman & Managing Director pursuant to Regulation 33(3)(d) confirming unmodified audit opinion