Omax Autos Limited (OMAXAUTO) AI Stock Analysis

Omax Autos Limited

(NSE:OMAXAUTO)

Select Model

Rating:84Outperform

Price Target:INR 217.00▲(8.58% Upside)

Action:reiterated

Date:10/13/26

The score is driven primarily by the strong financial turnaround, deleveraging, and improved cash generation. Positive technical momentum and reasonable valuation provide additional support, while historical margin and cash-flow volatility limit the upside.

Positive Factors

Strong revenue growthThe substantial multi-year increase in revenue indicates expanding business activity and stronger customer demand for Omax Autos’ automotive components. Continued growth provides a larger operating base, supports better capacity utilization, and can strengthen the company’s ability to fund investment and absorb fixed costs.

Negative Factors

Volatile marginsThe sharp gross-margin contraction shows that revenue growth has not consistently translated into stable profitability. If margins remain uneven, earnings could fluctuate even while sales expand, limiting confidence in sustainable returns and making investment, cost control, and cash planning more difficult.

Omax Autos Limited (OMAXAUTO) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 4.28B
Dividend Yield: 2.50%
Average Volume (3M): 8,557
Price to Earnings (P/E): 10.6
Beta (1Y): 1.32
Revenue Growth: 47.95%
EPS Growth: 378.75%
Country: India
Employees: 91
Sector: General
Sector Strength: 55
Industry: Auto - Parts

Omax Autos Limited Business Overview & Revenue Model

Company Description

Headquartered in Gurugram, India, Omax Autos Limited specializes in the production and distribution of both automotive and industrial components across India. The company's diverse offerings for commercial vehicles encompass critical structural eleme...

How the Company Makes Money

Omax Autos Limited makes money primarily by manufacturing and supplying automotive components to original equipment manufacturers (OEMs) and other customers under business-to-business (B2B) supply arrangements. Revenue is generated from (1) sales of...

Omax Autos Limited Financial Statement Overview

Summary

Strong turnaround supported by revenue and profit recovery, substantial debt reduction, improved returns, and consistently positive free cash flow. Margin and cash-flow volatility remain key risks.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

84Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	5.07B	4.84B	3.69B	3.55B	2.99B	2.22B
Gross Profit	771.61M	637.56M	844.46M	768.36M	168.80M	537.31M
EBITDA	874.16M	830.74M	566.61M	510.33M	143.42M	501.08M
Net Income	405.03M	370.41M	215.47M	116.58M	-243.38M	234.65M
Balance Sheet
Total Assets	0	5.03B	4.84B	5.00B	4.95B	5.56B
Cash, Cash Equivalents and Short-Term Investments	1.38B	1.04B	1.01B	776.76M	245.96M	170.59M
Total Debt	0	528.13M	773.41M	1.18B	1.19B	1.43B
Total Liabilities	-3.47B	1.56B	1.69B	2.02B	2.09B	2.46B
Stockholders Equity	3.47B	3.47B	3.15B	2.98B	2.86B	3.10B
Cash Flow
Free Cash Flow	156.55M	667.69M	277.95M	157.74M	195.72M	43.76M
Operating Cash Flow	193.49M	708.35M	341.71M	206.91M	351.45M	190.88M
Investing Cash Flow	30.47M	-213.59M	-129.28M	186.97M	-93.17M	832.86M
Financing Cash Flow	-167.58M	-351.12M	-446.61M	-113.62M	-337.40M	-1.04B

Omax Autos Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price199.85

Price Trends

50DMA193.51Positive

100DMA204.80Negative

200DMA168.92Positive

Market Momentum

MACD1.74Positive

RSI50.14Neutral

STOCH67.95Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OMAXAUTO, the sentiment is Neutral. The current price of 199.85 is below the 20-day moving average (MA) of 202.90, above the 50-day MA of 193.51, and above the 200-day MA of 168.92, indicating a neutral trend. The MACD of 1.74 indicates Positive momentum. The RSI at 50.14 is Neutral, neither overbought nor oversold. The STOCH value of 67.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:OMAXAUTO.

Omax Autos Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:OMAXAUTO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:OMAXAUTO	84Outperform	INR 4.27B	10.56	―	2.50%	47.95%	378.75%
IN:REMSONSIND	69Neutral	INR 3.01B	17.46	―	0.35%	22.29%	13.00%
IN:AUTOIND	66Neutral	INR 3.19B	7.97	―	―	42.21%	178.69%
IN:UCAL	57Neutral	INR 2.94B	-13.60	―	―	7.14%	64.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SETCO	42Neutral	INR 2.07B	0.84	―	83.87%	-6.53%	―
IN:PPAP	41Neutral	INR 2.93B	6.33	―	1.20%	10.74%	899.70%

* General Sector Average

Performance Comparison

IN:OMAXAUTO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:OMAXAUTO	Omax Autos Limited	199.85	102.26	104.78%
IN:AUTOIND	Autoline Industries Limited	70.34	-0.20	-0.28%
IN:PPAP	PPAP Automotive Limited	207.30	-52.55	-20.22%
IN:REMSONSIND	Remsons Industries Limited	86.30	-63.56	-42.41%
IN:SETCO	Setco Automotive Limited	15.50	5.73	58.68%
IN:UCAL	UCAL Limited	132.85	4.95	3.87%

Omax Autos Limited Corporate Events

Omax Autos Publishes Notice for 43rd AGM and FY 2025-26 Report

Jul 31, 2026

Omax Autos Limited operates in the automotive components manufacturing sector, supplying parts and assemblies to vehicle manufacturers and related industries. The company is listed on both the National Stock Exchange of India and BSE, reflecting its...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 13, 2026

Omax Autos Limited AI Stock Analysis