Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹242, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 391% over the past three years. Reported Earnings • May 05
Full year 2026 earnings released: EPS: ₹17.32 (vs ₹10.07 in FY 2025) Full year 2026 results: EPS: ₹17.32 (up from ₹10.07 in FY 2025). Revenue: ₹5.20b (up 41% from FY 2025). Net income: ₹370.4m (up 72% from FY 2025). Profit margin: 7.1% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹132, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 198% over the past three years. Aankondiging • Apr 24
Omax Autos Limited to Report Q4, 2026 Results on May 02, 2026 Omax Autos Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 02, 2026 Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹115, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 125% over the past three years. Reported Earnings • Jan 28
Third quarter 2026 earnings released: EPS: ₹5.71 (vs ₹1.34 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.71 (up from ₹1.34 in 3Q 2025). Revenue: ₹1.32b (up 43% from 3Q 2025). Net income: ₹122.2m (up 326% from 3Q 2025). Profit margin: 9.3% (up from 3.1% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 19
Omax Autos Limited to Report Q3, 2026 Results on Jan 27, 2026 Omax Autos Limited announced that they will report Q3, 2026 results on Jan 27, 2026 New Risk • Jan 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (₹2.30b market cap, or US$25.5m). Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹101, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 32x in the Auto Components industry in India. Total returns to shareholders of 82% over the past three years. Buy Or Sell Opportunity • Dec 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to ₹86.44. The fair value is estimated to be ₹108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 71%. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹94.15, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 33x in the Auto Components industry in India. Total returns to shareholders of 38% over the past three years. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹0.16 (vs ₹7.27 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.16 (down from ₹7.27 in 2Q 2025). Revenue: ₹956.2m (up 22% from 2Q 2025). Net income: ₹3.35m (down 98% from 2Q 2025). Profit margin: 0.3% (down from 20% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Nov 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.7% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (₹2.38b market cap, or US$26.8m). Aankondiging • Oct 22
Omax Autos Limited to Report Q2, 2026 Results on Oct 30, 2025 Omax Autos Limited announced that they will report Q2, 2026 results on Oct 30, 2025 Buy Or Sell Opportunity • Oct 08
Now 22% undervalued Over the last 90 days, the stock has risen 24% to ₹127. The fair value is estimated to be ₹162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 56%. Upcoming Dividend • Aug 15
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 22 August 2025. Payment date: 28 September 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹147, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 181% over the past three years. Aankondiging • Jul 29
Omax Autos Limited, Annual General Meeting, Aug 29, 2025 Omax Autos Limited, Annual General Meeting, Aug 29, 2025, at 11:00 Indian Standard Time. Declared Dividend • Jul 26
Dividend increased to ₹2.50 Dividend of ₹2.50 is 150% higher than last year. Ex-date: 22nd August 2025 Payment date: 28th September 2025 Dividend yield will be 2.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹2.36b market cap, or US$27.3m). Reported Earnings • Jul 25
First quarter 2026 earnings released: EPS: ₹3.34 (vs ₹1.24 in 1Q 2025) First quarter 2026 results: EPS: ₹3.34 (up from ₹1.24 in 1Q 2025). Revenue: ₹1.10b (up 31% from 1Q 2025). Net income: ₹71.4m (up 170% from 1Q 2025). Profit margin: 6.5% (up from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 17
Omax Autos Limited to Report Q1, 2026 Results on Jul 24, 2025 Omax Autos Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹105, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 115% over the past three years. Reported Earnings • May 04
Full year 2025 earnings released: EPS: ₹10.07 (vs ₹5.45 in FY 2024) Full year 2025 results: EPS: ₹10.07 (up from ₹5.45 in FY 2024). Revenue: ₹3.94b (up 11% from FY 2024). Net income: ₹215.5m (up 85% from FY 2024). Profit margin: 5.5% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 25
Omax Autos Limited to Report Q4, 2025 Results on May 02, 2025 Omax Autos Limited announced that they will report Q4, 2025 results on May 02, 2025 Buy Or Sell Opportunity • Feb 27
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to ₹85.56. The fair value is estimated to be ₹117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 36%. New Risk • Feb 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹1.99b market cap, or US$23.0m). Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹85.19, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 63% over the past three years. Buy Or Sell Opportunity • Jan 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to ₹103. The fair value is estimated to be ₹130, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 36%. Reported Earnings • Jan 25
Third quarter 2025 earnings released: EPS: ₹1.34 (vs ₹0.12 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹1.34 (up from ₹0.12 loss in 3Q 2024). Revenue: ₹976.1m (down 7.3% from 3Q 2024). Net income: ₹28.7m (up ₹31.3m from 3Q 2024). Profit margin: 2.9% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 15
Omax Autos Limited to Report Q3, 2025 Results on Jan 24, 2025 Omax Autos Limited announced that they will report Q3, 2025 results on Jan 24, 2025 New Risk • Jan 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹2.34b market cap, or US$27.1m). Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹97.15, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 65% over the past three years. New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹2.55b market cap, or US$30.1m). Aankondiging • Oct 21
Omax Autos Limited to Report Q2, 2025 Results on Oct 30, 2024 Omax Autos Limited announced that they will report Q2, 2025 results on Oct 30, 2024 Aankondiging • Aug 30
Omax Autos Limited Appoints Nadira Chaturvedi as an Independent Director Omax Autos Limited at its AGM held on August 29, 2024 appointed Ms. Nadira Chaturvedi as an Independent Director of the Company. Upcoming Dividend • Aug 15
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 22 August 2024. Payment date: 28 September 2024. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.1%). In line with average of industry peers (0.6%). Aankondiging • Aug 07
Omax Autos Limited Proposes Final Dividend for the Financial Year Ended 31 March, 2024, Payable on or Before 28Th September, 2024 Omax Autos Limited proposed at its AGM to be held on 29 August 2024 final dividend of 10% i.e. INR 1/- per equity share for total amount of INR 2,13,88,213/- for the financial year ended 31st March, 2024. Record Date is 22 August, 2024. Pursuant to the provisions of Section 123 of the Companies Act, 2013, the payment of Final Dividend on Equity Shares, upon declaration by the Shareholders at the AGM, will be made on or before 28th September, 2024 (i.e. within 30 days from the date of declaration-29th August 2024). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹129, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 129% over the past three years. Aankondiging • Jul 30
Omax Autos Limited, Annual General Meeting, Aug 29, 2024 Omax Autos Limited, Annual General Meeting, Aug 29, 2024. Reported Earnings • Jul 30
First quarter 2025 earnings released: EPS: ₹1.24 (vs ₹0.54 loss in 1Q 2024) First quarter 2025 results: EPS: ₹1.24 (up from ₹0.54 loss in 1Q 2024). Revenue: ₹918.8m (up 28% from 1Q 2024). Net income: ₹26.5m (up ₹38.1m from 1Q 2024). Profit margin: 2.9% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 17
Omax Autos Limited to Report Q1, 2025 Results on Jul 29, 2024 Omax Autos Limited announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • May 04
Full year 2024 earnings released: EPS: ₹5.45 (vs ₹11.38 loss in FY 2023) Full year 2024 results: EPS: ₹5.45 (up from ₹11.38 loss in FY 2023). Revenue: ₹3.73b (up 24% from FY 2023). Net income: ₹116.6m (up ₹360.0m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • May 03
Omax Autos Limited Declares Interim Dividend for the Financial Year 2023-2024 Omax Autos Limited announced that at its Board of Directors of the Company in their meeting held on May 2, 2024, the Board of Directors of the Company has declare Interim dividend of INR 1/- (10%) per equity share of INR 10/- each for the Fiscal Year 2023-24. The interim dividend shall be paid within 30 days from the date of its declaration. The Board has also fixed 13th May 2024 as the "record date" for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend. The dividend. will be credited to the account of the shareholders or the dividend warrant in respect thereof will be dispatched within 30 days from the date of its declaration. Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Additional Non-Executive Independent Director Nipun Khurana was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 31
Third quarter 2024 earnings released: ₹0.12 loss per share (vs ₹1.20 loss in 3Q 2023) Third quarter 2024 results: ₹0.12 loss per share (improved from ₹1.20 loss in 3Q 2023). Revenue: ₹1.09b (up 40% from 3Q 2023). Net loss: ₹2.67m (loss narrowed 90% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Dec 24
Insider recently sold ₹9.7m worth of stock On the 21st of December, Ravinder Mehta sold around 149k shares on-market at roughly ₹64.89 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Aankondiging • Oct 20
Omax Autos Limited to Report Q2, 2024 Results on Nov 02, 2023 Omax Autos Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Aankondiging • Aug 03
Omax Autos Limited, Annual General Meeting, Aug 24, 2023 Omax Autos Limited, Annual General Meeting, Aug 24, 2023, at 11:00 Indian Standard Time. Agenda: To consider financial results for the year ended March 31, 2023; to consider appoint directors; to consider reappointment of auditors; to consider ratify the remuneration of cost auditors; and to consider other matters. Reported Earnings • Jul 27
First quarter 2024 earnings released: ₹0.54 loss per share (vs ₹2.32 loss in 1Q 2023) First quarter 2024 results: ₹0.54 loss per share (improved from ₹2.32 loss in 1Q 2023). Revenue: ₹753.6m (up 7.1% from 1Q 2023). Net loss: ₹11.6m (loss narrowed 77% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Aankondiging • Jul 18
Omax Autos Limited to Report Q1, 2024 Results on Jul 26, 2023 Omax Autos Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Jul 26, 2023 Reported Earnings • May 10
Full year 2023 earnings released: ₹11.38 loss per share (vs ₹10.97 profit in FY 2022) Full year 2023 results: ₹11.38 loss per share (down from ₹10.97 profit in FY 2022). Revenue: ₹3.16b (up 42% from FY 2022). Net loss: ₹243.4m (down 204% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Aankondiging • Feb 09
Omax Autos Limited Announces Cessation of Independent Directors Omax Autos Limited announced that Mr. Triloki Nath Kapoor and Mr. Ramesh Chandra Vaish, Directors of the Company completed their 2 terms of tenure ship as Independent Directors of the Company at 39th Annual General Meeting i.e. 30th September, 2022 of which voting results had also got declared on October 1, 2022. Reported Earnings • Jan 25
Third quarter 2023 earnings released: ₹1.20 loss per share (vs ₹4.74 loss in 3Q 2022) Third quarter 2023 results: ₹1.20 loss per share (improved from ₹4.74 loss in 3Q 2022). Revenue: ₹779.6m (up 41% from 3Q 2022). Net loss: ₹25.7m (loss narrowed 75% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Jan 24
Omax Autos Limited Approves Appointment of Devashish Mehta as New Chief Financial Officer of the Company Omax Autos Limited approved appointment of Mr. Devashish Mehta as a new Chief Financial Officer of the Company with effect from January 23, 2023 at the board meeting held on January 23, 2023. A B.Sc in Marketing from Pennsylvania State University, Mr. Devashish Mehta has acquired strong analytical business skills. Mr. Devashish Mehta having an experience of more than 11 years in Auto ancillary industry and has more than 10 years of experience in business management. He has got a very wide and rich experience and understanding of automotive parts/components. Mr. Devashish Mehta has vast experience of spearheading the Non-2W Business Segment and also in case of Strategic alignment with difference players in the industry. Aankondiging • Jan 14
Omax Autos Limited to Report Q3, 2023 Results on Jan 23, 2023 Omax Autos Limited announced that they will report Q3, 2023 results at 3:30 PM, Indian Standard Time on Jan 23, 2023 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 24% share price gain to ₹67.00, the stock trades at a trailing P/E ratio of 33.4x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 50% over the past three years. Aankondiging • Nov 03
Omax Autos Limited to Report Q2, 2023 Results on Nov 10, 2022 Omax Autos Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 10, 2022 Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 15% share price gain to ₹80.15, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 99% over the past three years. Aankondiging • Sep 09
Omax Autos Limited, Annual General Meeting, Sep 30, 2022 Omax Autos Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Reports of Auditors' and Board of Directors' thereon; to consider and appoint a Director in place of Mr. Jatender Kumar Mehta who retires by rotation and, being eligible, offers himself for re-appointment; to consider and Re-Appoint Statutory Auditors Of The Company For A Consecutive Term Of Five Years; to consider and ratify the remuneration of Cost Auditor for the financial year ending 31 st March, 2023; to consider and approve the re-appointment of Mr. Tavinder Singh as Whole-Time Director of the Company. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹58.30, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 61% over the past three years. Reported Earnings • Aug 09
First quarter 2023 earnings released: ₹2.32 loss per share (vs ₹2.88 loss in 1Q 2022) First quarter 2023 results: ₹2.32 loss per share (up from ₹2.88 loss in 1Q 2022). Revenue: ₹733.5m (up 79% from 1Q 2022). Net loss: ₹49.6m (loss narrowed 20% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Ram Chugh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 31
Omax Autos Limited Announces Resignation of Hari Gopal Agrawal as Chief Financial Officer Omax Autos Limited announced that due to some personal reasons, Mr. Hari Gopal Agrawal, chief financial officer of the company has tendered his resignation and the same is hereby considered & accepted by the board of directors meeting held on 30 May 2022. Further, the Services of Mr. Agrawal shall be ceased with effect from closure of Business hours of 27 July 2022. Aankondiging • May 21
Omax Autos Limited to Report Q4, 2022 Results on May 30, 2022 Omax Autos Limited announced that they will report Q4, 2022 results on May 30, 2022 Aankondiging • Apr 03
Omax Autos Limited Announces Closure of Operation of Plant at IMT Manesar Omax Autos Limited announced that the Company has formally closed its operation at Industrial land bearing Plot No.6, Sector-3, Industrial Estate, IMT Manesar, Gurgaon-122050, and Haryana admeasuring land area 20475 sq. mtr. Necessary communication have been made to government departments. Reported Earnings • Feb 15
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: ₹4.74 loss per share (up from ₹6.34 loss in 3Q 2021). Revenue: ₹595.4m (up 105% from 3Q 2021). Net loss: ₹101.3m (loss narrowed 25% from 3Q 2021). Revenue exceeded analyst estimates by 24%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 08
Omax Autos Limited to Report Q3, 2022 Results on Feb 14, 2022 Omax Autos Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Aug 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. MD & Vice-Chairman Jatender Mehta was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jul 06
Insider recently sold ₹2.9m worth of stock On the 30th of June, Ravinder Mehta sold around 44k shares on-market at roughly ₹64.61 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.1m more than they bought in the last 12 months. Reported Earnings • Jun 24
Full year 2021 earnings released: ₹4.72 loss per share (vs ₹20.38 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹1.84b (down 61% from FY 2020). Net loss: ₹101.0m (down 123% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Executive Departure • Apr 10
Compliance Officer & Company Secretary has left the company On the 3rd of April, Sanjeeb Subudhi's tenure as Compliance Officer & Company Secretary ended after 6.6 years in the role. We don't have any record of a personal shareholding under Sanjeeb's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 13
Third quarter 2021 earnings released: ₹6.34 loss per share (vs ₹1.17 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹339.9m (down 66% from 3Q 2020). Net loss: ₹135.6m (loss widened 442% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 12
Omax Autos Limited Announces the Re-Designation of Jatender Kumar Mehta, as Vice Chairman Omax Autos Limited announced that the Board of Directors, subject to approval of shareholders, in its meeting held on 11th February, 2021, has re-designated Mr. Jatender Kumar Mehta (DIN: 00028207), as Vice Chairman-Cum-
Managing Director of the Company (earlier Managing Director), with immediate effect. Executive Departure • Feb 08
MD & Director has left the company On the 1st of February, Ravinder Mehta's tenure as MD & Director ended after 15.1 years in the role. As of September 2020, Ravinder personally held 3.75m shares (₹150m worth at the time). A total of 2 executives have left over the last 12 months. Aankondiging • Feb 04
Omax Autos Limited to Report Q3, 2021 Results on Feb 11, 2021 Omax Autos Limited announced that they will report Q3, 2021 results on Feb 11, 2021 Aankondiging • Feb 03
Omax Autos Limited Announces Resignation of Ravinder Kumar Mehta from the Position of Director Omax Autos Limited announced resignation of Ravinder Kumar Mehta from the Board of Directors of the company w.e.f. February 1, 2021. Is New 90 Day High Low • Jan 11
New 90-day high: ₹50.45 The company is up 32% from its price of ₹38.30 on 13 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 29% over the same period. Aankondiging • Dec 13
Omax Autos Ltd Announces Resignation of Pradeep Kumar Panja as Independent Director, Effective December 10, 2020 Omax Autos Ltd. informed that Mr. Pradeep Kumar Panja has resigned, as Independent Director, from the Board of Directors of the company with effect from 10th December, 2020. Is New 90 Day High Low • Dec 12
New 90-day high: ₹47.10 The company is up 4.0% from its price of ₹45.35 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 23% over the same period. Aankondiging • Nov 13
Omax Autos Limited Announces Re-Designation of Devashish Mehta, from Joint Managing Director to Managing Director Omax Autos Limited at its board meeting on November 12, 2020 approved the re-designation of Mr. Devashish Mehta, from Joint Managing Director to Managing Director till the current term as Joint Managing Director expires; other terms and conditions of his appointment as Joint Managing Director remain unchanged. Aankondiging • Nov 08
Omax Autos Limited to Report Q2, 2021 Results on Nov 12, 2020 Omax Autos Limited announced that they will report Q2, 2021 results on Nov 12, 2020 