OMNI Q4 FY26 earnings call.
A source-linked concall view: reported numbers, management language, guidance, commitments and risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹149 Cr
verified against source
Revenue YoY
49.1%
reported change
EBITDA
₹171.1 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Omnitech Engineering delivered a landmark FY26 with 49.1% revenue growth to Rs 511.3 crore and PAT surge of 80.9% to Rs 79.3 crore, driven by strong execution in energy (53% of revenue) and expanding OEM relationships. The order book exploded to ~Rs 3,000 crore (vs Rs 283 crore in FY25), anchored by a Rs 900 crore Weatherford MPA and ~Rs 1,000 crore multi-year OFS contract, both ramping from FY27. North America contributes 53% of revenue, highlighting export dependency. Q4 saw a 450bps gross margin compression due to pre-investments for new programs and capacity additions. Management targets 30-35% annual growth going forward, with new facilities at Hyderabad and Chapra plus acquired land in Ahmedabad for FY28-29 capacity. Aerospace/defense expansion (AS9100 certified, 4 FA orders) diversifies the revenue base. Key risks include customer concentration in oil & gas, execution risk on multi-year ramp-up timelines, and working capital days at elevated 294 levels.
Colored figures show movement against the previous available record.
Guidance to track
- Management stated historical growth trajectory of 30-35% annually over past 4-5 years and targets similar growth for FY27, with capacity and order book supporting the outlook.
- Rs 900 crore multi-year Weatherford contract to ramp at approximately 70% in Year 1, 85% in Year 2, with full ramp over 5 years.
- Hyderabad facility to commission in Q1 FY27 (leased property, small unit); Chapra expansion ramping; Ahmedabad land acquired for FY28-29 beyond capacity needs.
- Management declined to provide specific revenue targets for aerospace, stating long cycle times and lead times make quantification difficult at this stage, but expects 'good numbers' from FY27 onwards.
Risks flagged
- Q4 saw ~450bps gross margin compression. Management attributed it to pre-investments for FY27 growth programs and stated margins would 'revert back.' Analyst raised this concern explicitly; management response was vague on timing of recovery.
- Energy segment represents 74% of order book and 53% of current revenue. Two large multi-year contracts (Weatherford + another ~Rs 1,000 crore) dominate near-term visibility. Any disruption in oil & gas capex cycles or geopolitical issues affecting clients' Middle East operations could significantly impact revenue.
- Inventory days at 294 (linked to new program MOQ commitments) and receivable days at 153 (revenue concentrated in Feb-March). Management targets normalization but provided no specific timeline or quantitative targets for improvement.
- While AS9100 certified and NADCAP in progress, management could not quantify when aerospace would reach oil & gas maturity levels. Four FA development orders received but no timeline for full commercialization. Long qualification cycles typical in aerospace could delay revenue recognition.
Key quotes
- This includes the multi-year weather for order which is more than 900 crores.
- These results underscores the resilience of our business model and effectiveness of our growth strategy.
- Many of the cost we have already start incurring in the Q4 and you know end of the Q3 and like that because uh you know FI27 is also our growth trajectories and everything. So many of the cost we have already start incurring and that will going to be you know uh like give the result in FY27.
- This growth will remain always in the target. So we have to keep on investing on certain thing in the early stage whenever it is available.
Research modules