Om Freight Forwarders starts commercial ops at new Raigad warehouse

2 min read     Updated on 27 Jul 2026, 03:00 PM
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Riya DScanX News Team
AI Summary

Om Freight Forwarders Limited commenced commercial operations at its new Raigad warehouse on July 27, 2026. The facility enables the launch of Fourth Party Logistics (4PL) services alongside existing Third Party Logistics (3PL) offerings. The expansion, disclosed under SEBI Regulation 30, strengthens the company's integrated logistics capabilities and supports its long-term growth strategy for domestic and international markets.

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Om Freight Forwarders Limited has commenced commercial operations at its new warehouse facility situated in Mauje Sarade, Taluka Uran, District Raigad, Maharashtra. The company disclosed the operational start on July 27, 2026, marking a significant milestone in its infrastructure expansion strategy. This development enhances the firm's ability to provide comprehensive supply chain solutions by integrating Fourth Party Logistics (4PL) services with its existing Third Party Logistics (3PL) offerings. The expanded infrastructure aims to strengthen service capabilities for both domestic and international customers, addressing growing market demand for scalable and value-added logistics solutions.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It follows an earlier communication dated May 08, 2026, which detailed the warehouse facility and capacity addition. The filing also references compliance with Clause 3 of Para B of Part A of Schedule III of the Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Manisha Saluja, Company Secretary and Compliance Officer, signed the disclosure submitted to the National Stock Exchange of India Limited and BSE Limited.

Harmesh Joshi, Executive Director of the company, highlighted that the new facility strengthens integrated logistics and warehousing capabilities. He stated that the commencement allows the company to extend 4PL solutions, reinforcing its commitment to delivering efficient and scalable logistics services. The strategic rationale behind the expansion includes supporting long-term growth, meeting evolving market demand, and catering to increasing requirements from global clients.

Facility Details

Parameter Details
Location Mauje Sarade, Taluka Uran, District Raigad, Maharashtra
Status Commercial operations commenced
Service Expansion Addition of Fourth Party Logistics (4PL) to existing Third Party Logistics (3PL)
Regulatory Basis Regulation 30 of SEBI LODR Regulations, 2015

The newly commissioned warehouse is equipped with modern infrastructure and efficient warehousing systems designed to enhance inventory management and distribution efficiency. The facility is fully operational and ready to serve customers across diverse industry segments. This expansion augments the company's existing warehousing network, improving operational efficiency and increasing storage and handling capacity.

Strategic Impact

The addition of this facility supports Om Freight Forwarders' objective to capitalize on emerging opportunities in the logistics and supply chain sector. By enhancing its competitiveness and customer service through improved operational efficiency, the company aims to create sustainable long-term value for stakeholders. The integration of 4PL services indicates a shift towards more comprehensive supply chain management solutions, allowing the firm to offer end-to-end logistics support rather than just storage and transport. This diversification is critical in a market where clients increasingly seek integrated partners capable of managing complex supply chain networks.

Historical Stock Returns for Om Freight Forwarders

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%+0.55%+1.20%+1.87%+7.40%+7.40%

How will the integration of 4PL services impact Om Freight Forwarders' revenue mix and profit margins compared to its traditional 3PL operations?

What is the expected timeline for achieving full occupancy at the new Mauje Sarade facility, and how does this align with the company's capacity utilization targets?

Which specific industry verticals or key clients are anticipated to drive the initial demand for these new integrated supply chain solutions?

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Om Freight FY26 net profit falls 29% to ₹16.04 crore

2 min read     Updated on 11 Jul 2026, 03:08 AM
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Suketu GScanX News Team
AI Summary

Om Freight Forwarders reported a 29% decline in consolidated net profit to ₹16.04 crore for FY26, with revenue falling to ₹476.92 crore. The company recognized a ₹3.63 crore loss on a Norway-based investment. The Board re-appointed M/s. Gala & Associates as internal auditor for FY27.

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Om Freight Forwarders reported a 29% decline in consolidated net profit to ₹16.04 crore for the financial year ended March 31, 2026, impacted by a ₹3.63 crore loss recognized in Other Comprehensive Income from a Norway-based investment. Revenue from operations decreased 2.7% to ₹476.92 crore from ₹490.14 crore in the previous year, while total income dropped to ₹482.46 crore. The company’s Board approved the audited standalone and consolidated financial results on May 27, 2026.

The statutory auditors, Viren Gandhi & Co., issued an unmodified opinion on the financial results. The company clarified to the National Stock Exchange of India Limited that an inadvertent error in the initial XBRL submission regarding Earnings Per Share (EPS) for the consolidated results had been rectified. Additionally, the company stated that financial results were inadvertently not filed in the prescribed searchable format initially, which has since been complied with.

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹4.11 crore, a decrease from ₹7.15 crore in the corresponding period of the previous year. Revenue for the quarter stood at ₹149.54 crore. The standalone net profit for the full year was ₹15.38 crore. Basic EPS for the year stood at ₹4.90 on a consolidated basis, down from ₹6.91 in the prior year.

The company’s balance sheet reflects total assets of ₹384.32 crore as of March 31, 2026, compared to ₹312.01 crore a year ago. Cash and cash equivalents improved significantly to ₹35.82 crore from ₹17.86 crore, driven by net proceeds from the Initial Public Offering (IPO) of ₹21.67 crore. The IPO, which was completed in October 2025, raised gross proceeds of ₹24.44 crore. The company noted that it is in the process of filing a Statement of Deviation as the utilization of IPO funds differs from the originally stated objects in the prospectus regarding allocation, model, and timeline.

In other board decisions, Om Freight Forwarders re-appointed M/s. Gala & Associates, Practicing Chartered Accountant, as the internal auditor for the financial year 2026-27. The company also announced the appointment of Ms. Manisha Kaur Saluja as the new Company Secretary effective May 13, 2026, following the vacancy created by Mr. Hiren Bhanushali's departure on February 14, 2026.

Financial Performance for FY26

Metric FY26 (₹ crore) FY25 (₹ crore) Change
Revenue from operations 476.92 490.14 Decrease
Total income 482.46 494.06 Decrease
Total expenses 461.74 464.89 Decrease
Profit before tax 21.38 29.54 Decrease
Net profit 16.04 22.02 Decrease
Basic EPS (₹) 4.90 6.91 Decrease

Historical Stock Returns for Om Freight Forwarders

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%+0.55%+1.20%+1.87%+7.40%+7.40%

What specific factors led to the deviation in IPO fund utilization, and how will the company realign its strategy?

How does the company plan to mitigate foreign exchange risks associated with its Norway-based investment moving forward?

What measures will be taken to reverse the decline in revenue and restore year-over-year growth in FY27?

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1 Year Returns:+7.40%