OMNIBSEOmnitech Engineering LtdMediumNeutral
Announced Mon, 25 May · 12:10 IST

Statement of Deviation or Variation for Quarter and Financial year ended March 31, 2026

OMNI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.7%1-day move
₹454.00
prior close
₹432.20
base price
In-mkt
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AI summary

Omnitech Engineering Ltd reported audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew 48% year-on-year to Rs.5,116.82 million, with net profit up 77% to Rs.771.97 million. Consolidated revenue was Rs.5,112.99 million with net profit of Rs.793.37 million. EPS improved from Rs.4.23 to Rs.7.24 on standalone basis. The company listed on NSE and BSE via IPO on March 5, 2026, raising Rs.3,917.41 million (net of offer expenses). Of the IPO proceeds, Rs.500 million was used for debt repayment, Rs.97.69 million deployed towards new facility projects, Rs.58.06 million for solar panels and equipment, and Rs.511.97 million for general corporate purposes — leaving Rs.2,749.69 million unutilised. The statement confirms NO deviation or variation in the utilisation of IPO proceeds from the objects stated in the prospectus. Total assets doubled to Rs.12,706.14 million and cash reserves surged to Rs.1,619.19 million from Rs.45.15 million.

Likely market impact

Strong financial performance with near doubling of profits. IPO proceeds are being deployed as planned with no deviations. Significant cash buildup and asset base expansion signal a healthy growth trajectory. The nil deviation statement is a positive signal for investors regarding fund management.