Om Metallogic revenue climbs to Rs 85.35 crore in H1

Om Metallogic Limited reported revenue from operations of Rs 85.35 crore and net profit of Rs 3.02 crore for the half year ended September 30, 2026, versus Rs 22.06 crore and Rs 94.14 lakh respectively a year earlier. The unaudited standalone results were approved by its board on November 14, 2026.

How did Om Metallogic's revenue and profit change?

Om Metallogic's revenue from operations rose to Rs 85.35 crore in the half year ended September 30, 2026, from Rs 22.06 crore in the half year ended September 30, 2025, while net profit increased to Rs 3.02 crore from Rs 94.14 lakh. Total revenue, including Rs 17 lakh of other income, was Rs 85.52 crore, compared with Rs 22.09 crore a year earlier.

Om Metallogic reported profit before tax of Rs 4.10 crore, against Rs 1.27 crore in the prior-year half year, and tax expense rose to Rs 1.08 crore from Rs 33.08 lakh. Basic and diluted earnings per share were Rs 3.84, compared with Rs 2.32 in the corresponding 2025 period.

What drove Om Metallogic's higher expenses?

Om Metallogic's material-consumption cost rose to Rs 77.54 crore from Rs 19.26 crore, accounting for most of the Rs 60.60 crore increase in total expenses. The company operates in one segment, manufacturing of aluminium alloys ingots, and did not provide separate segment revenue or profit figures.

Other expenses increased to Rs 3.11 crore from Rs 1.02 crore, while employee benefit expense declined to Rs 33.45 lakh from Rs 60.94 lakh. Depreciation and amortisation rose to Rs 29.94 lakh from Rs 22.66 lakh, whereas finance costs declined to Rs 15.99 lakh from Rs 46.51 lakh.

The results also contain an audited preceding-half-year column ended March 31, 2026. Against that period, revenue from operations increased from Rs 53.07 crore to Rs 85.35 crore, but net profit decreased from Rs 3.77 crore to Rs 3.02 crore; this sequential comparison differs from the year-on-year increase against September 2025.

How did Om Metallogic's balance sheet change?

Om Metallogic's total assets rose to Rs 57.77 crore at September 30, 2026, from Rs 49.22 crore at March 31, 2026. Inventories increased by Rs 6.40 crore to Rs 39.45 crore, while trade receivables rose by Rs 69.85 lakh to Rs 10.70 crore.

Cash and bank balances increased to Rs 1.13 crore from Rs 93.34 lakh, and short-term loans and advances rose to Rs 3.41 crore from Rs 3.08 crore. Property, plant and equipment stood at Rs 3.03 crore, compared with Rs 2.07 crore at the March 2026 year-end.

Shareholders' funds rose to Rs 40.21 crore from Rs 37.19 crore, comprising unchanged share capital of Rs 7.86 crore and reserves and surplus of Rs 32.35 crore. Long-term borrowings increased to Rs 2.61 crore from Rs 2.25 crore, while short-term borrowings rose to Rs 2.83 crore from Rs 2 crore.

What does Om Metallogic's cash flow show?

Om Metallogic generated net operating cash of Rs 40.79 lakh in the half year ended September 30, 2026, compared with a net operating cash outflow of Rs 1.40 crore in the half year ended September 30, 2025. Its cash-flow statement records operating profit before working-capital changes of Rs 4.55 crore, following profit before tax of Rs 4.10 crore.

Working-capital movements included a Rs 6.40 crore inventory increase and a Rs 69.85 lakh increase in trade and other receivables. These were partly offset by a Rs 1.67 crore increase in trade and other payables and a Rs 1.62 crore rise in other current liabilities.

Om Metallogic used Rs 1.25 crore to purchase fixed assets, compared with Rs 4.24 lakh in the prior-year half year. Financing activities generated Rs 1.04 crore, including a Rs 1.19 crore increase in borrowings and Rs 15.16 lakh of interest paid, resulting in cash and cash equivalents rising by Rs 19.59 lakh to Rs 1.13 crore.

What disclosures and events should Om Metallogic shareholders note?

Om Metallogic's September 2026 figures are unaudited standalone results prepared under Accounting Standard 25, Interim Financial Reporting. Its statutory auditor issued a limited review report dated November 14, 2026, stating that nothing had come to its attention that caused it to believe the results contained a material misstatement.

The filing states that Om Metallogic has not adopted Indian Accounting Standards because companies listed on the small and medium enterprises exchange category are exempt from compulsory adoption. The results were reviewed by the audit committee and approved by the board on November 14, 2026.

Om Metallogic also disclosed a proposed rights issue of up to 78,62,279 fully paid equity shares at Rs 21 each, for up to Rs 16.51 crore assuming full subscription. The record date is November 20, 2026, the entitlement ratio is one rights share for every one existing share, and the issue is scheduled to close on December 30, 2026.

Conclusion

Om Metallogic's half-year statement shows a Rs 63.29 crore year-on-year increase in revenue from operations and a Rs 2.08 crore increase in net profit. The increase in inventories to Rs 39.45 crore, alongside higher trade payables and borrowings, shows that the larger operating scale was accompanied by material working-capital movements.

The next disclosed event is the rights issue, which is scheduled to close on December 30, 2026. Full subscription would raise up to Rs 16.51 crore and increase the stated outstanding share count from 78,62,279 to 1,57,24,558, while future results will show how inventory, receivables and operating cash flow develop after September 2026.