Omnitech Engineering Ltd — Q4 FY26 earnings call
Summary generated by AI from the official transcript Omnitech Engineering Ltd filed with BSE on 29 May 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Omnitech Engineering reported FY26 consolidated revenue growth of 49.1% to Rs 511.3 crore and EBITDA growth of 45.4% to Rs 171.1 crore, with PAT rising 80.9% to Rs 79.3 crore. Management said the order book reached more than Rs 3,000 crore as of May 25, 2026, including a Weatherford multi-year order exceeding Rs 900 crore, and discussed plans for new facilities in Hyderabad and Chhapara. Management also addressed a rise in working capital and a quarter-on-quarter gross margin decline, attributing it to costs incurred ahead of future capacity ramp-up.
Numbers mentioned
Revenue: INR 511.3 crores (FY26)
p. 4
“our revenue grew 49.1% to INR 511.3 crores”
Paras Parekh, page 4 of the filed PDF · View the filing
EBITDA: INR 171.1 crores (FY26)
p. 4
“EBITDA rose 45.4% to INR 171.1 crores”
Paras Parekh, page 4 of the filed PDF · View the filing
Profit before tax: Rs. 107.8 crores (FY26)
p. 4
“Profit before tax nearly doubled up to 92% to Rs. 107.8 crores”
Paras Parekh, page 4 of the filed PDF · View the filing
Profit after tax: INR 79.3 crores (FY26)
p. 4
“Profit after tax increased to 80.9% to INR 79.3 crores with a PAT margin improved to 15.5% from 12.8% last year”
Paras Parekh, page 4 of the filed PDF · View the filing
Revenue: INR 148.7 crores (Q4 FY26)
p. 4
“Revenue grew 38.5% to INR 148.7 crores”
Paras Parekh, page 4 of the filed PDF · View the filing
EBITDA: INR 49.7 crores (Q4 FY26)
p. 4
“EBITDA increased to 15.9% to INR 49.7 crores”
Paras Parekh, page 4 of the filed PDF · View the filing
PAT: INR 29.3 crores (Q4 FY26)
p. 4
“PAT rose 43.4% to INR 29.3 crores with margin holding steady at 19.7%”
Paras Parekh, page 4 of the filed PDF · View the filing
Net debt-to-equity: 0.34x (FY26)
p. 4
“Net debt-to-equity improved to 0.34x in FY26 from 1.6x in FY25”
Paras Parekh, page 4 of the filed PDF · View the filing
ROCE: 13.7% (FY26)
p. 4
“return on capital employed (ROCE), was healthy at 13.7%”
Paras Parekh, page 4 of the filed PDF · View the filing
ROE: 11.7% (FY26)
p. 4
“return on equity (ROE), stood at 11.7%”
Paras Parekh, page 4 of the filed PDF · View the filing
GST credit: INR 24.3 crores (as on April 26)
p. 5
“our GST credit stood at INR 24.3 crores as on April 26, which is expected to realize in this financial year”
Paras Parekh, page 5 of the filed PDF · View the filing
Net working capital: INR 294 crores (FY26)
p. 5
“The increase in working capital base to INR 294 is elevated”
Paras Parekh, page 5 of the filed PDF · View the filing
Receivable days: 153 days (FY26)
p. 5
“Our receivable day is at 153 on a consolidated basis but largely influenced by our strong Q4 revenue concentrations”
Paras Parekh, page 5 of the filed PDF · View the filing
Payable days: 80 days (FY26)
p. 5
“the payable days improved from 64 days to 80 days during the year”
Paras Parekh, page 5 of the filed PDF · View the filing
Order book: more than INR 3,000 crores (as on 25th May 2026)
p. 6
“The order book, as on 25th May 2026, more than INR 3,000 crores of order book has been indicated”
Bhavin Acharya, page 6 of the filed PDF · View the filing
Weatherford order: more than INR 900 crores
p. 7
“this includes the multi-year Weatherford order, which is more than INR 900 crores”
Bhavin Acharya, page 7 of the filed PDF · View the filing
Manufacturing capacity: 26 lakhs hours
p. 7
“we operate from manufacturing facilities with an annualized capacity of 26 lakhs hours and growing steadily”
Bhavin Acharya, page 7 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Revenue growth — 30 to 35% · FY27
stated firmly by Paras Parekh
p. 12
“If you see the historical, in historical last four, five years, it is between 30 to 35% of growth. So, we are looking at similar growth in this year also.”
Paras Parekh, page 12 of the filed PDF · View the filing
EBITDA margin — 30% to 35%
stated as an aspiration by Udaykumar Parekh
p. 18
“on average, we are in the range of 30% to 35% of the EBITDAs and like that. So, that is the overall guidance presently.”
Udaykumar Parekh, page 18 of the filed PDF · View the filing
Growth trajectory — +30% with +/-5% variance · coming years
stated as an aspiration by Udaykumar Parekh
p. 15
“we are anticipating and we are working on the execution plan, roughly around (+30%) and how can we try to grow (+/-5%) is like that”
Udaykumar Parekh, page 15 of the filed PDF · View the filing
New facility ramp up — after Q1 next year
stated firmly by Udaykumar Parekh
p. 12
“from next year, after the Q1, our new facility will also start ramping up”
Udaykumar Parekh, page 12 of the filed PDF · View the filing
Weatherford order ramp up — 70% first year, 85% second year · FY27 onwards
stated as an aspiration by Udaykumar Parekh
p. 11
“just an example, roughly INR 900 crores and 5 years is a program. So, maybe 70% on first year, second year, 85% and similarly, it will go like that.”
Udaykumar Parekh, page 11 of the filed PDF · View the filing
Second oilfield order revenue start — FY27
stated firmly by Udaykumar Parekh
p. 11
“No, it will be starting from FY27.”
Udaykumar Parekh, page 11 of the filed PDF · View the filing
New capacity — more than 4 million machine hours · FY28 onwards
stated firmly by Udaykumar Parekh
p. 15
“we have around 2.6 million number of hours with the new capacity will be around more than 4 million number of machine hours”
Udaykumar Parekh, page 15 of the filed PDF · View the filing
Capacity constraint risk — beyond FY29
stated conditionally by Udaykumar Parekh
p. 15
“FY28 onwards, we are also adding the new capacity where the capacity can be a bottleneck for the growth beyond FY29 or something like that”
Udaykumar Parekh, page 15 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management said quantifying the exact addressable number is difficult but described the headroom as very high given geopolitical shifts.
Answered by Bhavin Acharya
Asked by Pranay Roop Chatterjee: What is the total addressable oil and gas procurement opportunity for Indian players and how much can shift to India?
p. 8
“the addressable market, the headroom is extremely high. And the numbers are basically in billions”
Bhavin Acharya, page 8 of the filed PDF · View the filing
Management explained the MPA is based on the customer's own long-term agreements with end customers and will ramp up over several years.
Answered by Udaykumar Parekh
Asked by Nirvana Laha: How tentative is the Weatherford Master Purchase Agreement schedule and could orders be deferred or cancelled?
p. 11
“based on those orders, they book their supply chain for certain suppliers. So, that is the one repeated effect of the order with us”
Udaykumar Parekh, page 11 of the filed PDF · View the filing
Management attributed the margin decline to costs incurred ahead of FY27 growth and said margins would be similar to historical levels.
Answered by Udaykumar Parekh
Asked by Nirvana Laha: Was the Q4 gross margin compression a one-time event, and will margins revert?
p. 13
“Actually, as we are in the growth journey, so many of the costs we have already started incurring in the Q4 and end of the Q3 and like that”
Udaykumar Parekh, page 13 of the filed PDF · View the filing
Management declined to share contract-specific margins, citing confidentiality, but noted an average margin approach across customers.
Answered by Udaykumar Parekh
Asked by Nikhil: What EBITDA margins are embedded in the Weatherford contract?
p. 14
“we have overall policies like average of the EBITDA we are trying to quote across the customer base, probably 1% or 2% up and down”
Udaykumar Parekh, page 14 of the filed PDF · View the filing
Management said pass-through of raw material and logistics costs is standard practice in the industry via ex-works terms.
Answered by Bhavin Acharya
Asked by Darshil Jhaveri: Are raw material cost increases passed through to customers easily?
p. 16
“most of the business, what we do is all ex works. So, automatically certain risks and factors have already been accounted by the customer”
Bhavin Acharya, page 16 of the filed PDF · View the filing
Management attributed the margin drop to upfront investment in new capability and capacity ahead of future growth, already expensed in FY26.
Answered by Udaykumar Parekh
Asked by Shiladitya: Why did margins drop 5-6% and what is preventing faster growth despite a large order book?
p. 17
“we have to keep on investing on the new capability investment, if you see what level of the capability we have developed”
Udaykumar Parekh, page 17 of the filed PDF · View the filing
Risks flagged
Possible disturbances from Middle East geopolitical events affecting end-client orders
p. 11
“there may be some of the portion can be linked because see, these are more or less that they are governed from the US headquarters”
Udaykumar Parekh, page 11 of the filed PDF · View the filing
Minor shipment and transit delays linked to Middle East supply chain
p. 11
“we do not have an overall challenge on any of the Middle East supplies except one or two small challenges of the delay of the shipment, transit time or something like that”
Udaykumar Parekh, page 11 of the filed PDF · View the filing
Capacity could become a bottleneck for growth beyond FY29 absent further expansion
p. 15
“the capacity can be a bottleneck for the growth beyond FY29 or something like that”
Udaykumar Parekh, page 15 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.