Company Overview

Omax Autos Limited is one of the leading manufacturers of Auto & Non-Auto components in India. The company was incorporated on 28 April 1983 and is based in Gurugram, India. Founded 36 years ago by six friends who shared a dream to take the Indian automotive sector to another level, the company started with just 3 acres of land and an investment of 30 lakhs, and has now grown into a company worth ₹1000 crore with an employee strength of almost 4000.

For over three decades, OMAX Autos, with its robust engineering process capabilities, has made a significant presence in the automotive industry and today is among the top ten component manufacturers in India. Headquartered in Gurgaon, Haryana, Omax Autos has a motivated workforce of over 3500+ employees.

Business Segments and Products

OAL is a manufacturer of Auto & Non-Auto components, viz., sheet metal components, tubular components, and machined components. The Company specializes in these areas and is engaged in business operations in the automotive and railway segments, having four plants across North India.

Commercial Vehicles

The company's commercial vehicle products include fender support bracket, chassis assembly, cross members, bumper, cross car beam sub-assembly, holding bracket for number plate and side rails. It provides chassis frame assemblies for Tata Motors in Lucknow and specializes in making the integrated chassis/frame for Tata Motor's heavy range of trucks.

Railways and Heavy Fabrication

The company's railways and heavy fabrication products include side wall, underframe and bogie frame, roof, dampers-vertical and horizontal, stainless-steel benches, bio-toilets, electric loco shell, diesel locomotive, and bogie frame.

Passenger Cars

The passenger cars products include steering shafts, axle shaft, hood hinge, piston rod, and air cleaner mounting bracket.

Manufacturing Infrastructure

Starting with its first plant in Dharuhera, Haryana, today, the company has nine fully-functional manufacturing plants across India. The company has robust engineering process capabilities and boasts a comprehensive range of modern machines and production facilities designed to give optimum output as per customer specifications.

Omax also has an in-house Commercial Tool Room & SPM, which started as a captive facility to support the in-house requirement of press tools, jigs, fixtures & special purpose machines, etc. This business has now grown into a state-of-the-art tool & advanced SPM manufacturing facility catering to a wide range of Auto & other industries.

Key Client Relationships

Omax caters to Tata Motors Limited for its CV segment and is an approved supplier for the Indian Railways. With two plants in Haryana and one plant in Gurgaon, Hero MotoCorp is a major client, contributing 75% of its total turnover. Omax Autos' other clients include Maruti, TVS, and Suzuki, among others.

Financial Performance

Latest Financial Results (Q1 FY26)

- Revenue: ₹99.64 Crore (as on June 2025, Q1 FY26)

- Net Profit: ₹7.14 Crore (as on June 2025, Q1 FY26), representing a 169.43% jump since the same period last year.

- Quarterly Growth: On a quarterly growth basis, Omax Autos Ltd has generated a 1357.14% jump in its net profits since the last 3 months.

Annual Financial Metrics

- Market Capitalization: ₹180 Crore (as per Business Standard data)

- Annual Revenue: ₹385 Crore

- Annual Profit: ₹26.0 Crore

Corporate Governance and Leadership

Mr. Jatender Mehta has been the guiding light and pillar of strength for Omax Autos Ltd since its inception in 1983. With his constant support and disciplined work ethics, Omax has created its niche in the Automotive Components Industry.

Shareholding Pattern

- Promoter Holding: 52.8%

- Recent Changes: Promoter holding has decreased over the last quarter (-0.47%).

Recent Corporate Actions

On 24 July, Q1 FY26 results were approved along with a final dividend of ₹2.5/share recommended. The CFO resigned and a new CFO was appointed, with key directors reappointed. In the quarter ending June 2024, Omax Autos Ltd declared a dividend of ₹1.00, translating to a dividend yield of 1.53%.

Stock Market Information

The company's listing date is 20 February 2003, and it trades on both NSE and BSE exchanges. Omax Autos Ltd's 52-week high share price is ₹167.40 and the 52-week low share price is ₹78.00.

The company continues to focus on innovation and expansion in the automotive components sector, leveraging its strong manufacturing capabilities and established client relationships to drive growth in the Indian automotive industry.