Omax Autos reported Q1 FY27 profit of ₹10.60 crore, up from ₹7.14 crore a year earlier, but down sequentially. The board recommended a ₹2.5 per share final dividend for FY26.
Detailed Coverage
Omax Autos Q1 FY27 Financials Show Year-on-Year Growth, Sequential Dip
Omax Autos Limited reported a profit after tax (PAT) of ₹10.60 crore for the quarter ended June 30, 2026. This represents a significant increase from ₹7.14 crore in the same quarter last year.
Reader Takeaway: Year-on-year profit growth is positive, but sequential decline in revenue and profit needs monitoring.
What just happened
Omax Autos Limited announced its financial results for the first quarter of the fiscal year 2026-27. The company recorded revenue from operations at ₹121.99 crore. Profit after tax (PAT) for the quarter stood at ₹10.60 crore, with basic Earnings Per Share (EPS) at ₹4.96.
Why this matters
The results show a year-on-year improvement in both revenue and profitability. Revenue grew from ₹99.64 crore in Q1 FY26 to ₹121.99 crore in Q1 FY27. Profit also rose from ₹7.14 crore to ₹10.60 crore over the same period. However, on a sequential basis, both revenue and profit declined compared to the preceding quarter ended March 31, 2026.
The company's Board of Directors also recommended a final dividend of ₹2.5 per equity share for the financial year 2025-26, subject to shareholder approval. August 21, 2026, has been set as the record date for this dividend.
The backstory
In the preceding quarter (Q4 FY26), Omax Autos had reported revenue of ₹174.41 crore and a profit of ₹17.34 crore. The current quarter's performance marks a return to growth compared to the previous fiscal year but a step back from the immediately preceding quarter's figures.
What changes now
Shareholders will look forward to the final dividend payment for FY26, pending approval at the Annual General Meeting (AGM) scheduled for August 29, 2026. Key management positions, including a Whole-time Director and an Independent Director, have had their re-appointments approved, signaling continuity.
Risks to watch
The sequential decline in revenue and profit from the March 2026 quarter to the June 2026 quarter warrants attention. Investors will want to understand the reasons behind this dip and the company's plans to reverse the trend.
Peer comparison
Omax Autos operates in the auto ancillary sector. While specific peer comparisons for this quarter's results are not provided in the filing, the auto ancillary industry's performance is generally tied to the overall automotive sector's sales volumes.
Context metrics (time-bound)
- Revenue Q1 FY27: ₹121.99 crore (vs. ₹99.64 crore YoY, ₹174.41 crore QoQ)
- Profit Q1 FY27: ₹10.60 crore (vs. ₹7.14 crore YoY, ₹17.34 crore QoQ)
- Basic EPS Q1 FY27: ₹4.96 (vs. ₹3.34 YoY, ₹8.11 QoQ)
- Dividend Recommendation: ₹2.5 per share for FY26
- Record Date: August 21, 2026
- AGM Date: August 29, 2026
What to track next
Investors will be closely watching the company's performance in the upcoming quarters, focusing on whether it can sustain the year-on-year growth and overcome the sequential dip. The outcome of the AGM regarding the dividend approval will also be a key event.
