Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Om Metallogic Ltd's board approved its audited standalone financial results for the half-year and full year ended March 31, 2026, along with an unmodified (clean) audit opinion from M/s N K Mittal & Associates. For FY26, revenue from operations jumped to Rs 7,513.03 lakhs from Rs 3,999.62 lakhs in FY25, an increase of about 88%. Total revenue rose to Rs 7,563.65 lakhs (vs Rs 6,040.89 lakhs). Net profit after tax grew to Rs 471.49 lakhs from Rs 410.83 lakhs, while EPS stood at Rs 9.55. The company raised fresh equity (share capital rose from Rs 526.39 lakhs to Rs 786.23 lakhs) likely via its recent IPO, with proceeds deployed towards capital expenditure, working capital, and general corporate purposes. The business operates in a single segment — manufacturing of aluminium alloy ingots.
Strong revenue growth (nearly doubling) and an unqualified audit opinion are positive for shareholders, though PAT growth of around 15% is more modest relative to the top-line surge. The strengthened equity base from the equity raise improves the balance sheet but shareholders should watch margins and how IPO proceeds are deployed going forward.