Omax Autos Ltd (OMAXAUTO) Share Price & Fundamentals

What we do

Omax Autos Ltd manufactures sheet metal, tubular, and machined components, including sprockets, for two-wheelers and commercial vehicles, serving automotive and heavy industries.

Founded in

1,983

Market share

Key supplier to Hero Honda Motors and Tata Motors with expanding export footprint; notable presence in Indian automotive component sector.

Problem solved

Provides precise, durable metal components and assemblies ensuring quality and supply for automotive manufacturers to meet evolving emission norms and vehicle designs.

Top clients or who we serve

Major clients include Hero Honda Motors, Tata Motors; serving OEM buyers in two-wheelers, commercial vehicles, railways, and heavy fabrication sectors; primarily B2B.

Key management

Jatender Kumar Mehta - Vice Chairman and Managing Director; Tavinder Singh - Whole-time Director; leadership with deep industry experience.

Our journey and innovations

Since 1983, expanded capacity, modernized plating, diversified products, entered exports, set up wind power, and commissioned state-of-the-art plants adopting BS6 norms.

Where we operate

Plants in Haryana and Uttar Pradesh; serving Indian automotive market and exporting to Europe; expanding footprint with multiple new units.

Top products or what we offer

Sheet metal components, tubular parts, sprockets, assemblies for two-wheelers and commercial vehicles; innovative BS6 compliance products launched recently.

Top brands

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Raw materials needed

Steel sheets, tubular steel, electroplating chemicals, machined metal parts.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue mainly cyclical, linked to automotive production cycles, with increasing recurring supply contracts for OEMs.

Our industry position

Well-established Tier-1 and Tier-2 supplier with strong OEM relationships and growing export business.

Financial highlights

FY2024-25 revenue Rs. 369.26 crores, net profit Rs. 21.55 crores, showing strong growth over previous year.

Geographical revenue split

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Order book

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Whats driving growth

Rising demand for commercial vehicles, BS6 emission norms compliance, new manufacturing plants, and international OEM partnerships.

Our future plans

Expand manufacturing in Uttar Pradesh, enhance Railways segment, innovate BS6 Phase II products, and grow global supply chain presence.

Our green promise

2.5 MW wind power project, reverse osmosis plants for zero liquid discharge, hazardous waste management, and safety-focused operations.

Our people and values

Emphasizes strong corporate governance, workplace safety, employee training, and leadership continuity for sustainable growth.

Key challenges ahead

Volatility in raw material prices, automotive market cyclicality, regulatory changes, and global supply chain disruptions.

Interesting facts

Pioneer in tri-nickle coating plant technology and early implementer of wind power for manufacturing operations.

Risks and strategy

Risk mitigation via diversification into new segments, technology upgrades, and maintaining strong OEM relationships.