Omnitech Engineering share price tumbles 14% after Q1 results

Omnitech Engineering Ltd.’s share price fell over 14 per cent after the company reported its April-June quarter (Q1FY27) results.

As of 12:30 AM, the company’s share price was trading 12.76 per cent lower at ₹638 apiece, meanwhile, Nifty 50 was trading 0.05 per cent higher at 24,639.05. At intraday, the stock fell 14.4 per cent to ₹626 apiece. 

Net profit of Omnitech Engineering rose 43.19 per cent to ₹29.31 crore in the quarter ended March 2026 as against ₹20.47 crore during the previous quarter ended March 2025. Sales rose 38.46 per cent to ₹148.72 crore in the quarter ended March 2026 as against ₹107.41 crore during the previous quarter ended March 2025. 

For the full year, net profit rose 80.82 per cent to ₹79.36 crore in the year ended March 2026 as against ₹43.89 crore during the previous year ended March 2025. Sales rose 49.11 per cent to ₹511.30 crore in the year ended March 2026 as against ₹342.91 crore during the previous year ended March 2025. 

Vipin Kumar AVP Research at Globe Capital Market said, Omnitech Engineering has witnessed a vertical rise from 176 to 765 within a short span of just five months. The recent profit-taking—which began today following the release of its quarterly numbers—is expected to halt around the key support zone of ₹540–560. “We will await clear signs of stability around this support zone before initiating any fresh long positions. A confirmed reversal pattern near these levels would offer a much better risk-to-reward ratio for new buyers,” he added. 

Notably, the company was recently listed on exchanges on March 5. The company raised ₹583 crore through its initial public offering (IPO), which comprises a fresh issue of 18.4 million equity shares and an offer for sale (OFS) of 7.3 million equity shares. The IPO comprises a fresh issue of 18.4 million equity shares worth up to ₹418 crore and an OFS of 7.3 million shares worth up to ₹165 crore. The issue was offered at a price band of ₹216 to ₹227 per share, with a lot size of 66 shares.

 

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