Omnitech Engineering Ltd

Omnitech Engineering has received the rating 'CRISIL A-; Stable / CRISIL A2+' for bank loan facilities availed by the company.

Profit before exceptional items and tax stood at Rs 32.56 crore in Q3 FY26, registering the growth of 199.26% compared with Rs 10.88 crore in Q3 FY25. Exceptional items stood at Rs 1 crore during the quarter due to impact of labour code compliance. Total expenses increased 56.4% to Rs 105.71 crore in Q3 FY26, compared with Rs 67.59 crore in Q3 FY25. Cost of raw material consumed stood at Rs 39.87 crore (up 28.36% YoY), employee benefit expenses was at Rs 22.30 crore (up 49.56% YoY), finance cost stood at Rs 10.14 crore (up 34.48% YoY) during the period under review. Shares of Omnitech Engineering entered into stock market on 5 March 2026, the cunter debuted on the bourses at Rs 205, marking a discount of 9.69% to the issue price of Rs 227. Omnitech Engineering (OEL), promoted by Udaykumar Arunkumar Parekh, is a key player in high-precision components and assemblies, serving global clients across energy, automation, and industrial equipment sectors. Powered by Capital Market - Live

Securities in F&O Ban: Sammaan Capital and Steel Authority of India shares are banned from F&O trading on 16 March 2026. IPO Opening: GSP Crop Science: An agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators. The IPO will open for subscription on 16 March, 2026, and it will close on 18 March 2026. The price band is fixed between 304 to Rs. 320 per equity share. Stocks to Watch: Omnitech Engineering reported a 170.73% surge in consolidated net profit to Rs 22.2 crore in Q3 FY26 compared to Rs 8.2 crore posted in the same quarter last year. Revenue jumped by 81.08% YoY to Rs 134 crore in Q3 FY25. JSW Steel announced the Minas de Revubo' (MdR) coking coal mining project in Mozambique, marking a step in the company's strategy to secure long-term raw material supplies for its steel operations. The project is located in the Moatize coal basin in Tete Province and provides access to around 850 million tonnes of coal reserves, with the potential to yield about 250 million tonnes of usable premium hard coking coal, a key input in steelmaking. VA Tech Wabag announced that its joint venture has secured an Asian Development Bank (ADB)-funded 'mega' order from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB). The company classifies a 'mega' order as a contract with a value exceeding Rs 1,000 crore. Bajel Projects said it has secured an order worth over Rs 700 crore from Maharashtra State Electricity Transmission Company (MSETCL) for setting up a 400/220 kV AIS substation at Saswad in Pune district along with associated transmission lines. Seamec said a consortium comprising the company & Supreme Hydro has received a notification of award from Oil and Natural Gas Corporation (ONGC) for operation and maintenance services of the vessel Samudra Sevak. Dilip Buildcon said it has secured a domestic order from Odisha Bridge & Construction Corporation (OBCCL) for the construction of a diversion road on the Duduka'Gopalpur'Toparia stretch in Sundargarh district. GE Power India announced the resignation of Aashish Ghai from the position of whole-time director & chief financial officer (CFO) of the company, effective 13 May 2026, to pursue opportunities outside the organization. Meta Infotech has received a renewal order worth Rs 1.91 crore from a leading private sector bank for providing cloud workload services along with on-site resources. Prostarm Info Systems has secured an order worth Rs 6.71 crore from Steel Authority of India (SAIL) for the supply, installation, and commissioning of a 2 MW (AC) rooftop solar PV system across various buildings of the plant. 3i Infotech said its material wholly owned step-down subsidiary, 3i Infotech Inc., has secured an order worth about Rs 2.21 crore from an international enterprise providing AI-enabled solutions and services. RailTel Corporation of India said it has received two domestic orders worth about Rs 64.2 crore. ITCONS E-Solutions announced that it has secured a new contract from the Aeronautical Development Agency (ADA) under the Department of Defence Research and Development, Ministry of Defence. The contract involves the deployment of 70 resources to provide manpower outsourcing services. The total contract value stands at about Rs 2.81 crore, inclusive of all taxes and duties. Powered by Capital Market - Live

Omnitech Engineering has secured a contract through Master Purchase Agreement from Weatherford Products GmbH. The agreement valued at USD 20,104,120 + GST per year for a period of five years (approximately Rs 184 crore for five years amounting to Rs 920 crore). Powered by Capital Market - Live

Omnitech Engineering will hold a meeting of the Board of Directors of the Company on 14 March 2026.Powered by Capital Market - Live

The total value of this contract is approximately $2,01,04,120 (excluding GST) per year for a period of 5 years, subject to terms and condition of the agreement. In INR terms, the total value of this deal would be around Rs 920 crore (excluding GST). The total value of this contract represents around 35.52% of the company's full market capitalisation, which currently stands at Rs 2,590.18 crore. Omnitech Engineering (OEL), promoted by Udaykumar Arunkumar Parekh, is a key player in high-precision components and assemblies, serving global clients across energy, automation, and industrial equipment sectors. The company operates 3 strategically located facilities near Mundra Port, with exports contributing approximately 79% of revenue. For the six months ended 30 September 2025, the firm recorded a consolidated net profit of Rs 27.79 crore and sales of Rs 228.17 crore. Omnitech Engineering had debuted on the bourses on 05 March 2026 at price of Rs 205, marking a discount of 9.69% to the issue price of Rs 227. The IPO of Omnitech Engineering was subscribed 1.14 times. The issue had opened for bidding on 25 February 2026, and it will close on 27 February 2026. The price band of the IPO is fixed between Rs 216 and 227 per share. Powered by Capital Market - Live

The stock debuted at Rs 205, marking a discount of 9.69% to the issue price. So far, the stock has hit a high of Rs 224 and a low of Rs 202.80. On the BSE, over 2.43 lakh shares of the company were traded in the counter so far. Omnitech Engineering was subscribed 1.14 times. The issue opened for bidding on 25 February 2026, and it will close on 27 February 2026. The price band of the IPO is fixed between Rs 216 and 227 per share. The issue comprised both an offer for sale and a fresh issue of equity shares (of Rs 5 face value) aggregating to Rs 165 crore and Rs 418 crore, respectively. The entire offer-for-sale portion was by Udaykumar Arunkumar Parekh. Of the net proceeds, the company proposed to utilize Rs 50 crore towards repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company; Rs 233.558 crore towards setting up two new manufacturing facilities at Village Chhapara (in Rajkot district) ' Rs 132.844 crore for facility 1 and Rs 100.714 crore for facility 2; Rs 18.698 crore towards capital expenditure for the purchase and installation of solar panels on the rooftop at, and purchase of new equipment/machinery for, the existing manufacturing facility at Village Chhapara; and the remaining amount towards general corporate purposes. Outstanding borrowings at the end of Sep 2025 stood at Rs 382.913 crore. Omnitech Engineering (OEL), promoted by Udaykumar Arunkumar Parekh, is a key player in high-precision components and assemblies, serving global clients across energy, automation, and industrial equipment sectors. The company operates 3 strategically located facilities near Mundra Port, with exports contributing approximately 79% of revenue. As of September 2025, OEL's order book stood at Rs 1,765 crore, representing 5x FY25 sales, highlighting robust demand and strong business momentum. Ahead of the IPO of Omnitech Engineering on 24 February 2026, the company raised Rs 174.59 crore from anchor investors by allotting 76.91 lakh shares at Rs 227 each to 17 anchor investors. For the six months ended 30 September 2025, the firm recorded a consolidated net profit of Rs 27.79 crore and sales of Rs 228.17 crore.Powered by Capital Market - Live

The equity shares of Omnitech Engineering (Scrip Code: 544720) are listed effective 05 March 2026 and admitted to dealings on the Exchange in the list of ''B'' group securities. At 09:15 IST, the pre-open indicative price of the stock was at a steep discount of 86% to the offer price of Rs 227. Powered by Capital Market - Live